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.
Bit2Me is a centralized exchange offering secure and user-friendly solutions for managing digital assets, supported by customer service and financial education. Its native token, $B2M, powers the platform, providing benefits like discounts, early access, and governance participation. Bit2Me is developing a governance page to enhance community involvement and transition toward a DAO. In June 2023, Bit2Me raised €14 million in a funding round led by Investcorp, with support from Telefónica Ventures and others. The $B2M token supply, initially 5 billion, has been reduced to 4.95 billion through a token burn, reflecting its evolving utility.
WaveX is a decentralized exchange platform focused on perpetual contract trading on Soneium.
stVol is a crypto options platform specializing in short-term, zero-day-to-expiry (0DTE) options, offering high-leverage trades with win-or-lose outcomes and no margin calls. It currently doesn't have a governance process or a token, but a token will be announced in Q4 2024, with benefits calculated based on early participation. Backed by investors like Altos Ventures and former professionals from Goldman Sachs, Morgan Stanley, and Deutsche Bank, stVol has strong financial backing from its pre-seed investment round.
