TOKEN METRICS WATCHLIST

This week, we’ve identified several standout ventures in a crowded landscape, emerging as promising opportunities through rigorous fundamental analysis. Although our comprehensive code reviews are still underway, these projects have already captured our attention. We invite you to take an exclusive first look at these exceptional opportunities as we delve deeper into their potential. Stay tuned for more insights!

Bitlayer – 64.58%

Sector – Bitcoin L2
Status – Active
TVL – $400M

Bitlayer represents a pioneering Layer 2 solution that combines Bitcoin-equivalent security with Turing completeness. As the first Layer 2 platform built on BitVM, Bitlayer aspires to serve as Bitcoin’s computational layer. It features full compatibility with the EVM and Ethereum toolchain, facilitating the seamless migration of Ethereum applications to Bitlayer with minimal adjustments. It aims to create a decentralized economy and establish a competitive advantage within it, driving innovation atop the Bitcoin base layer network.

Built on BitVM, Bitlayer leverages this innovative technology to verify arbitrary computations on Bitcoin using an Optimistic Rollup scheme. This capability enables the Bitlayer team to develop a Turing-complete computational layer within the Bitcoin framework, allowing the system to execute any conceivable calculation or program.

Key Features

Bitcoin Security Equivalent Layer 2: Bitlayer is the first Layer 2 solution that provides Bitcoin-equivalent security through BitVM.
EVM Compatibility: It supports a 100% EVM-compatible environment, allowing existing Ethereum applications and tools to migrate effortlessly.
Native BTC Gas Token: BTC is ve token for gas fees on the Bitlayer network.
Wallet Compatibility: Bitlayer works with existing wallets such as Metamask, Unisat, and other Bitcoin/Ethereum-compatible wallets, providing seamless user interaction.

Investors

ZKFair- 64.58%

Sector – ZK-Layer 2
Status – Active
TVL – $19.51M
FDV – $19M

ZKFair is a community-driven ZK-Layer 2 (ZK-L2) solution built on Polygon CDK and the Celestia Data Availability (DA) layer, designed to promote fairness and transparency within the ZK-Rollup ecosystem. The project aims to tackle the challenges of centralized control and the unfair distribution of profits that affect current ZK-Rollup initiatives. ZKFair distinguishes itself by committing to a fair launch, with 100% of its tokens distributed via airdrop, without involving investors, reserves, or pre-mining strategies.

Features

Community driven – ZKFair is a community-driven ZK-Layer 2 (ZK-L2) solution built on Polygon CDK and the Celestia Data Availability (DA) layer, designed to promote fairness and transparency within the ZK-Rollup ecosystem. The project is committed to complete community ownership with no investors, reserves, or pre-mining. Instead, 100% of ZKF tokens are airdropped to the community following the mainnet launch, and all Layer 2 gas fee profits are returned to the community.

USDC as Gas Fees – ZKFair utilizes USDC (USD Coin) as its native token, benefiting from its stability and advanced technology. This choice enhances the user experience by maintaining a relatively stable value amid market fluctuations, allowing users to participate in various DeFi transactions confidently. Additionally, USDC’s widespread use on Ethereum ensures robust support on major exchanges and liquidity pools, improving overall liquidity.

Decentralization – The project emphasizes decentralized governance with community-driven operations and governance structures. A decentralized prover network is integrated into the platform, enhancing security and decentralization. This ensures the community has significant control over the project’s direction and operations.

Modular Framework – ZKFair boasts the pioneering integration of Polygon CDK and Celestia DA within its ZK-Rollup framework, allowing users to directly interact with decentralized applications (dApps) on Ethereum and other rollup networks. Polygon CDK provides scalability and ensures EVM compatibility, facilitating seamless integration with Ethereum-based applications. Celestia DA offers a modular data availability layer, improving data scalability and reducing gas costs for users.

Token

$ZKF is the native token of the ZKFair platform. By staking $ZKF, users can receive a portion of the platform’s gas fee profits. Additionally, staking $ZKF grants users voZKF tokens, which confer voting power, allowing the decentralized governance of the ZKFair protocol to be determined through community voting. The total supply of $ZKF tokens is capped at 10 billion, with 2.5 billion tokens fairly airdropped to the community and the remaining 7.5 billion generated entirely through Gas Fee Airdrop after the mainnet launch. There will be no future issuance of $ZKF tokens.

Where can you buy the token?

$ZKF can be brought from exchanges like Bybit and Gate.io.

QORPO World- 64.58%

Sector – Gaming
Status – Active
FDV – $178M

QORPO is a gaming studio that has evolved into a comprehensive Web3 gaming and esports platform. It offers access to AAA-quality games, a Web3 wallet, an NFT marketplace, and a voting hub—all from a single account.

Leveraging a blockchain-powered token ecosystem, QORPO employs Epic’s Unreal Engine 5 technology to ensure advanced game mechanics. QORPO also embraces a multichain network, integrating various blockchains to support its ecosystem. This includes Ethereum, which provides smart contract capabilities for game development, BNB Chain, Polygon, and the gaming-centric blockchain Immutable X, all offering fast and cost-effective transactions within the platform. Integration with web3 node provider Ankr ensures seamless data management, while Polyhedra Network further strengthens QORPO’s vision for multichain interoperability.

Games – Citizen Conflict and AneeMate are two highly anticipated games that will be released soon. Both titles have already garnered a strong community and significant traction during their beta versions.

Investors

Token

$QORPO is an ERC-20 token central to the QORPO ecosystem, integrating with all products and services. It functions as an in-game currency for assets and NFTs, and it crafts and supports governance through voting on the QORPO WORLD dashboard. Regular buybacks and burns bolster the token’s value. As the platform grows its B2B operations, $QORPO’s utility expands and incentivizes the community through rewards and airdrops. Staking remains a crucial feature, providing users with rewards and benefits.

Where can you buy the token?

$QORPO can be brought from exchanges like Bybit, KuCoin, and [Gate.io.

Hamster Combat- 64.58%

Sector – Gaming
Status – Active

Hamster Kombat is a Telegram bot game that provides interactive and strategic gameplay, enabling participants to assume the role of chief executive officers within virtual cryptocurrency exchanges. Participants can accumulate Hamster Kombat (HMSTR) tokens through various activities. These activities encompass tapping their device screens to gather tokens, accomplishing assigned tasks, inviting acquaintances, and engaging in passive income generation through mining operations.

Hamster Kombat begins reminiscent of Notcoin, with players tapping on a golden coin within the Telegram app. However, in Hamster Kombat, the initial step involves shaving the player’s hamster, enabling it to assume the CEO role of currency exchange. Similar to Notcoin, players can utilize their in-game points to acquire “Boosts,” which enhance various statistics, such as the number of points earned per tap or the duration they can tap before pausing and waiting for their energy bar to replenish. Additionally, players can claim free daily boosters up to six times a day.

Token

Hamster Kombat intends to launch its native token on The Open Network (TON), a Layer 1 blockchain where Notcoin’s NOT token rapidly gained popularity. As the game’s utility token, HMSTR will facilitate various in-game functions, such as enhancing the skills of players’ hamsters and enabling participation in exclusive events. The distribution of HMSTR tokens is managed through in-game activities and staking incentives. More details are expected to be revealed later.

EVAA Protocol- 60.42%

Sector – Lending
Status – Active
TVL – $29.49M

The EVAA Lending Protocol is a decentralized finance platform built on TON blockchain technology, designed to facilitate secure and efficient transactions for borrowing and lending digital assets. Users can engage as lenders to earn interest or as borrowers to obtain loans by pledging their cryptocurrency holdings as collateral.

The protocol guarantees security through smart contracts on the blockchain, which automatically enforce the terms of each loan. To safeguard the interests of both lenders and borrowers, EVAA employs stringent risk assessment measures and collateral requirements. Additionally, they continuously enhance our security protocols in collaboration with professional smart contract auditors.

Interest rates on the platform are influenced by supply and demand dynamics. They vary in response to the liquidity of specific assets and the prevailing demand for loans, ensuring a fair and market-driven approach to interest rate determination.