Meme Coin Generator is a platform that allows individuals, businesses, and communities to create and launch meme coins on the OP Mainnet without needing technical skills. It operates without a governance process and does not have a native token. The project is self-funded and bootstrapped.
Hyperlane is an open interoperability framework, providing tools for developers to connect and build cross-chain applications that communicate securely across blockchains. It operates without a token or governance process. In 2022, Hyperlane raised $18.5 million in seed funding led by Variant, with support from investors like Galaxy Digital and Circle.
Polynomial Trade is an on-chain derivatives platform with a focus on perpetual futures, enhanced by the security of the Synthetix protocol and the Optimism Network. Its distinctive approach using polynomial functions for price prediction allows traders to make more dynamic market decisions. Although currently without a governance structure or a live token, the potential introduction of a token could benefit the platform by incentivizing user engagement and capturing value. Polynomial has raised two successful funding rounds, raising $1.10 million in a Pre-Seed round and securing further investment in a Seed round, with backing from several notable investors and capital firms.
Orderly Network sets itself apart with its innovative orderbook-based trading infrastructure and a comprehensive liquidity layer, catering to both spot and perpetual futures markets without a conventional frontend. This design choice positions Orderly as a foundational component for other projects to build upon, enhancing the ecosystem's functionality. Currently, Orderly does not utilize its own token but hints at future engagement through Galaxe quests, suggesting potential token airdrops as a method to reward and incentivize user participation. Despite lacking a formal governance structure, with all decisions made by the core team, Orderly has successfully secured $20 million in strategic funding from leading investors like Pantera Capital and Sequoia China, among others, underscoring its significant promise and support within the DeFi community.
