This week, we’ve unearthed several promising ventures poised to make their mark in a crowded landscape. Although our comprehensive code reviews are still underway, these projects have already captured our attention through rigorous fundamental analysis. As we continue to delve deeper, we invite you to take an exclusive first look at the exceptional opportunities we’ve discovered. Stay tuned for more insights!

Initia – 64.58

Sector – L1/Roll-Ups
Status – Not Launched Yet

Initia, a Move Layer 1 Network on Cosmos with customizable Optimistic rollups for application developers to easily launch their own L2. Hence it is a network designed for highly interwoven modular rollups.

At its core, Initia reconstructs the entire technological stack, introducing a foundational Layer 1 blockchain integrated with a bespoke Layer 2 infrastructure. This integration fosters a tightly knit ecosystem of modular networks. Owning the complete technological stack enables Initia to implement chain-level mechanisms that harmonize the economic interests of users, developers, Layer 2 app-chains, and the Layer 1 chain itself.

Investors

Binance Labs, Hack VC, Figment Cap, A Capital, DVF God, Big Brain and Mascent are the private investors backing Initia.

Compute Labs – 62.5

Sector – DePin/AI
Status – Not Launched Yet

Incubated by Nvidia Inception VC Alliance, Compute Labs leverages its self-developed Compute Tokenization Protocol to financialize AI, enable direct exposure to compute assets, and create compute derivates, empowering investors to effortlessly yield from compute, the currency of the future.

Compute Tokenization Protocol (CTP) will serve as the foundation to AI-Fi ecosystem, provide a pricing mechanism for compute assets and enable staking, trading, and derivatives.

Token

AIFI will be the native asset of Compute Labs which will be used for governance, staking and as a medium of payment.

Investors

Hashkey Capital, OKX Ventures, ArkStream Capital, Blockchain Coinvestors, CMS, M-1 Ventures, Builder Capital and other have invested in Compute Labs.

Pirate Nation – 60.42

Sector – Blockchain Game
Status – Active
FDV – $193M

Pirate Nation is a new type of game, filled with high seas adventure, treasure, fun, and unexpected surprises. Players collect and send pirates on adventures where they collect materials for crafting, treasures, and pirate gold! Pirates gain experience and can level up from their many adventures.

The game is being developed by Proof of Play, a game studio and blockchain technology company rolled into one. We build real, uncompromisingly fun, fully onchain games. We believe in the power of decentralization and are open-sourcing our technology so other developers and the broader blockchain ecosystem can benefit.

Token

$PIRATE is an ERC-20 token which serves as the utility token in the Pirate Nation. It can be converted into Gems which is an in-game currency.

Where can you buy the token?

You can buy $Pirate token on Coinbase, Bybit, Bitget and Gate.io.

Tria – 62.5

Sector – Chain Abstraction
Status – Not launched yet

Tria (formerly Threely.io) is Web3’s first consumer-focused chain-abstraction AVS L2. Use Gmail-like names (katie@tria) to access assets and dApps on 300+ chains with gas abstraction and unified liquidity on EVM + non-EVMs. Log in, transact, and share ZK-Creds on any dApp, chain or device.

Tria SDKs help dApps enable web2-like, intuitive onboarding and UX, interconnected economies, programmable accounts enabling auto-TXns like gas abstraction, liquidity unification, and TG/WhatsApp/iMessage-based targeted engagement.

Investors

Polychain, M-1 Ventures, Side Door Ventures, Cogitent Ventures and Soft Holdings contributed in the Pre-Seed round of Tria.

Traction

Within just 2 weeks of its launch, Tria has gained significant traction.

Tars Protocol – 58.33

Sector – AI
Status – Active

TARS Protocol is an AI-driven, scalable Web3 modular infrastructure platform designed to empower projects with cutting-edge artificial intelligence solutions and one-stop BaaS (Blockchain-as-a-Service). TARS aims to bridge the gap between AI and Web3 worlds by providing a unified platform for AI-powered tools and services, enabling organizations and individuals to effortlessly transition from Web2 to Web3. TARS is an AI infrastructure capable of training AI models, monetizing data, and providing access to powerful GPU’s. It’s an advanced ecosystem of modular AI applications backed by the Solana foundation.

Token

TARS Protocol allows projects to harness the power of AI by integrating their native tokens, giving their users access to AI tools and services, and increasing their token utility in the process.