FxHash stands out in the generative art space by providing a user-friendly platform for artists, collectors, and curators to engage with generative art. Unlike other platforms, it does not have its own token, focusing instead on enabling the creation, sale, and collection of unique NFTs. Governed solely by its core team without a formal governance structure, FXhash prioritizes direct oversight and decision-making. The project has garnered significant support, raising $5 million in seed funding led by 1kx and supported by various notable entities
Nouns are an experimental attempt to improve the formation of on-chain avatar communities. Nouns DAO utilizes a fork of Compound Governance and is the main governing body of the Nouns ecosystem. Nouns DAO lets Nouns NFT holders participate in governance. Each Nouns NFT equals one vote. Holders can vote directly or delegate their votes. Proposals require ownership of at least two Nouns NFTs. New Nouns are minted daily, diluting individual voting power and encouraging active participation. The tokenomics of Nouns DAO are centered around a auction mechanism and a decentralized governance model. Every day, one Noun NFT is minted and auctioned off, with all proceeds going directly into the Nouns DAO treasury. The initial funding mechanism leverages the sale of these Noun NFTs to build a substantial treasury, which has grown significantly over time.
Oku Trade is a decentralized exchange platform offering advanced trading features on 16 EVM-compatible chains. It includes a bridge aggregator and a Uniswap v3 analytics tool. Governed without a formal process and lacking a token, Oku Trade was funded by a $1.6 million grant from the Uniswap Foundation to enhance decentralized exchange interfaces.
