Hop Protocol facilitates seamless asset transfers across Ethereum layer-2 networks with its scalable bridge architecture and "h" tokens. Governed by HOP token holders, it employs a community-driven governance model involving forum discussions, Snapshot voting, and on-chain proposals. With a maximum supply of 1 billion tokens, HOP serves as a governance tool and utility token within the protocol. Hop Protocol raised nearly $2 million through funding rounds, attracting notable investors and focusing on enhancing interoperability in the Ethereum ecosystem.
Gitcoin incentivizes open-source development through rewards and grants, using a quadratic funding mechanism for fair fund allocation. Governance is driven by the Gitcoin Token (GTC), allowing holders to participate in voting and governance decisions. With a total token supply of 100 million, GTC holders can stake tokens to gain increased voting power through vGTC. Gitcoin has raised $11.8M across two funding rounds to support its initiatives.
Gelato Network is a decentralized backend for web3, offering automation, gas optimization, and off-chain operations for smart contracts. Its Rollup-as-a-Service (RaaS) platform supports over 50 rollups with built-in web3 services. Governed by a DAO, GEL token holders influence decisions through proposal discussions and Snapshot voting. The GEL token, with a total supply of 420,690,000, is allocated to community development, the team, private investors, and public sale. Gelato has raised $23.2 million in funding to expand its RaaS platform and enhance scalability for leading web3 projects.
The Songbirdz collection brings bird watching on-chain to Base with 10,000 ERC-721 NFTs, each representing a bird species with an image and song recording. To mint an NFT, you must correctly identify the bird from multiple choices. The collection is divided into 10 flocks of 1,000 birds each, released sequentially. Songbirdz is self-funded and operates without formal governance.