Friend.tech is a decentralized social platform that integrates social engagement with financial markets. It allows investment in influencers' "shares" for exclusive access to chat rooms, transforming crypto trading into a social experience. The platform, which tokenizes individuals' social presence, has introduced a points system that may translate into tokens, incentivizing positive behavior. Governance is centralized, managed by the Friend Tech team. It had seen significant activity, with transactions worth approximately $57.1 million, indicating a strong market presence and user growth.
Overtime differentiates itself in the blockchain sports market space by offering a decentralized, non-custodial trading platform for sports events. It's inspired by Thales contracts, providing instant liquidity and competitive odds. Unlike typical sports markets, Overtime requires no KYC, user registration, or fund custody, and operates as a public good without its own token. Governed by the Thales Council, elected by THALES stakers, Overtime emphasizes community-driven proposals and decisions. The project's financial backing and grant status are not specified in the provided information.
Obligate is a blockchain-based platform that enables companies to issue on-chain bonds and commercial papers, providing a decentralized and regulated environment for corporate debt financing. Built on the Polygon blockchain, it combines the efficiency of smart contracts with traditional financial regulations to streamline the bond issuance process.
Layerswap provides a fast and cost-effective solution for transferring crypto assets across multiple networks and exchanges, reducing fees and transaction times while simplifying the bridging process. It operates without a formal governance structure or a native token. Layerswap has raised a total of $4 million across three funding rounds, with the latest being a $2.5 million seed investment on November 10, 2022.
