Mode Name Service, powered by SPACE ID, stands out by creating a universal name service network aimed at simplifying the discovery, registration, trading, and management of web3 domains. The governance of SPACE ID revolves around its token, ID, which empowers users to participate in decision-making, ensuring the platform remains community-driven and focused on growth. SPACE ID is governed by a DAO, with $ID token holders having a significant influence over its direction through a transparent and decentralized voting process.
Elevate is a decentralized cross-chain bridge that facilitates rapid, secure, and cost-effective transfers of Ethereum-native assets across various Layer 1 and Layer 2 networks, as well as Ethereum Virtual Machine (EVM)-compatible chains.
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.
