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.
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.
The deWorld game, developed by PlayOnChain Labs and built on Ancient8 alongside Base. The Game, introduces a novel play-to-earn gaming experience centered around NFTs. It allows players to cultivate and develop their farms with NFTs representing various farm elements and assets, offering a unique approach to in-game progression. Currently, deWorld does not feature its own token, as the game is still in the testnet phase and lacks a formal governance structure or process. The project is self-funded, having been bootstrapped by PlayOnChain Labs, underscoring its independence and the team's commitment to its development.
