Layer Bank is a noncustodial on-chain lending protocol aiming to be a liquidity hub for EVM-based Layer 2 networks, offering users control over their funds with attractive decentralized market interest rates. Its tokenomics, centered around the $LAB stake, include yield boosting, revenue sharing, and a buyback and burn mechanism to support long-term growth. While governance is currently centralized with decisions made by the LayerBank team, the project has received funding from Manta Network to enhance security and expand its ecosystem.
Metakraft AI is a platform that simplifies the creation of immersive 3D content by integrating artificial intelligence and blockchain technology. It provides users with AI-powered tools and a no-code interface, enabling the effortless design and deployment of interactive spatial experiences. By leveraging blockchain, Metakraft AI ensures asset ownership and monetization, allowing creators to launch their work as NFTs and engage directly with their audience.
Creo Engine is a blockchain-based gaming platform that enables developers to build, deploy, and manage their games within a unified ecosystem. It offers a comprehensive suite of tools and services, including the CreoPlay platform, which hosts a variety of Web3 games and facilitates asset interoperability across different titles.
Farcaster distinguishes itself as a decentralized social network built on an open protocol, facilitating seamless identity transfers across applications and enabling Ethereum-linked messaging with NFT functionalities. Currently without its own token, there's buzz about an upcoming airdrop. Governed by a rough consensus and running code, it involves a collaborative process among developers, hub runners, app developers, and users, with decisions made through the Farcaster Improvement Proposal (FIP) process. Financially supported by a $30 million funding round led by a16z and including notable investors like Coinbase Ventures and Multicoin Capital, Farcaster stands out for its innovative approach to governance and strong backing, marking its place in the decentralized social networking realm.
