TOKEN METRICS WATCHLIST

We scored many projects this week. Here are a few you should know about.

Please remember that some of these projects still need our code review process. Still, we want to call them out here because they preliminarily caught our eye based on our fundamental analysis process.

Mythos- 73.33%

Sector – Gaming Chain
Status – Active
FDV – $197M

Mythos is a blockchain ecosystem dedicated to advancing Web3 gaming by making it more accessible, standardized, and user-friendly. The Mythos chain facilitates specialized transactions throughout the ecosystem, providing low fees, exceptional flexibility, and seamless interoperability.The Mythos Foundation, along with the Mythos Blockchain Ecosystem DAO, was created to foster a multi-chain environment, decentralized financial systems, governance structures, and multi-token economies for gaming. By offering funding, development, and distribution for gaming and blockchain technologies, Mythos empowers innovative game developers to craft more interactive experiences and expand their audience. Mythical Games serves as the primary backer of Mythos, integrating its standards and technologies within their own game development processes.

The Mythos Foundation concentrates on five core development areas: establishing cross-chain infrastructure and NFT interoperability, evolving NFTs and game economies, supporting gaming guilds and community integration, encouraging traditional esports engagement in Web3, and collaborating with established gaming platforms.

Token

MYTH is the native token of Mythos. The interoperable native utility token, $MYTH, enables active participation and contribution within the decentralized Mythos ecosystem. It supports governance and brings added value to game developers, publishers, and content creators, fostering a collaborative environment across the platform.

Where can you buy the token ?

You can buy $MYTH from exchanges like MEXC, HTX & Gate.io.

Assisterr AI – 71.43%

Sector – AI Agents
Status – Testnet

Assisterr AI is a network of incentive-driven, community-owned AI models designed for developers, autonomous AI agents, and enterprises, this ecosystem empowers contributors through ownership of Small Language Models (SLMs). The platform is being developed to integrate SLMs, autonomous agents, and community contributors, focusing on economic and data interoperability, model storage, and efficient reward distribution. Community-owned SLMs aim to compete with large language models and tech giants like Google by performing specific, high-value tasks such as app and dApp launches, video editing, content creation, marketing campaigns, and design. These models can assist both humans and autonomous agents, promoting a collaborative and decentralized AI-driven environment.

Assisterr’s technology stack is built around several essential components. At its foundation, the Data Provenance Protocol facilitates decentralized coordination, ensuring the accuracy and reliability of specialized Small Language Models (SLMs). Assisterr’s AI Lab introduces intuitive, no-code capabilities, enabling users to easily create, customize, and manage community-owned SLMs and SLM-powered agents. Complementing this, the SLM-Agent Marketplace provides a platform to address distribution challenges, attracting early adopters and supporting growth within the broader AI ecosystem.

Investors

X Protocol- 71.43%

Sector – Layer 3 Chain
Status – Testnet

XProtocol is an entertainment-centric DePIN Superchain. It is positioned to transform the digital entertainment space by utilizing Superchain technology to establish a dynamic, value-rich environment that caters to a broad audience.

The platform’s infrastructure is specifically designed to seamlessly onboard millions of new users into the Web3 ecosystem, offering scalability at an unprecedented level. With a potential transaction throughput exceeding 1,000 transactions per second (TPS), XProtocol ensures that high performance can be maintained even as demand grows. Additionally, the platform significantly reduces gas fees, bringing them down to mere millionths of a cent, making blockchain-based entertainment more accessible and cost-effective for all users.

Features

Layer 3 Architecture – XProtocol Superchain’s Layer 3 design boosts the functionality and scalability of Layer 1 and Layer 2 networks, enabling complex transactions and high throughput.
Enhanced Scalability – With high-speed, low-cost transactions, XProtocol’s advanced sharding and consensus allow scaling beyond 1,000 TPS, supporting extensive dApps and users.
Robust Security – Multi-layered security protocols protect XProtocol’s network, including cryptographic safeguards and decentralized validation to ensure integrity.
Interoperability – XProtocol’s bridging solutions enable seamless cross-chain transfers and interactions, promoting a connected blockchain ecosystem.
Wide Distribution Network – XProtocol’s entertainment portal and incentivized distribution network enhance engagement and adoption for new projects.

XForge Smartphone

The XForge Smartphone is a node-operated blockchain DePIN smartphone powered by XProtocol, which allows users to join the DePIN network directly from their device, earning rewards and cryptocurrency incentives. At an accessible $299, XForge is trying to bring decentralized technology to the mobile.

Investors

Token

The $KICK token is essential to the XProtocol ecosystem. It is its primary utility token and performs several key functions. As the native gas token for XProtocol’s entertainment superchain on Base, $KICK ensures smooth transactions. Stakers of $KICK may also qualify for airdrops from integrated projects. Additionally, some revenue from affiliates and partners may be used for $KICK buybacks, enhancing its value. Lastly, $KICK serves as the main rewards token, improving the overall user experience within the ecosystem.

Gaianet- 71.43%

Sector – AI Agents
Status – Whitelist Phase

Gaia is a decentralized computing infrastructure that empowers individuals to build, deploy, scale, and monetize AI agents. Its core objectives include enabling users to embed their private knowledge and expertise into personalized language model (LLM) agent applications and offering them the tools to scale and commercialize these agents as services. Gaia domains organize nodes under a unified internet domain name, providing essential services such as trust assurance, performance monitoring, load balancing, and economic incentives for node operators. Acting as both a trust provider and economic facilitator within the network, Gaia enables seamless application portability, virtualization, and secure isolation.

By offering a decentralized alternative, Gaia addresses the high costs and privacy concerns commonly associated with traditional SaaS, allowing users to create, deploy, and monetize AI agents with customizable components. Payments and trust incentives are managed through Purpose Bound Money smart contracts, ensuring a secure and reliable environment for AI services across Gaia domains.

The Gaia ecosystem consists of three key components: Nodes, Domains, and Apps, which together create a dynamic, evolving network.

Nodes are the foundation, hosting and validating data, running AI models, and ensuring security. Decentralized nodes prevent knowledge monopolization, allowing data to be shared securely while protecting intellectual property.
Domains act as curated gateways to specialized datasets, organizing nodes by specific knowledge areas. This setup supports diverse industries, from healthcare to finance, by providing targeted access to valuable data.
Apps are the ecosystem’s end products, developed by leveraging Gaia’s data and AI models. These applications offer innovative solutions—like health monitoring tools or financial analysis platforms—powered by high-quality, secure data, ensuring a trusted and evolving knowledge network.

Investors

Token

The GaiaNet token is a versatile utility token designed to facilitate transactions, support governance, and build trust within the network. It has three primary roles: governance, staking, and payment. As a DAO governance token, GaiaNet enables holders to actively participate in setting the network’s rules. In its role as a staking token, GaiaNet allows holders to vouch for the credibility of domain operators, providing them with a share of the operators’ service revenue. However, stakers also face potential penalties if the operators engage in misconduct, such as spreading misinformation or providing unreliable services. Additionally, GaiaNet serves as a payment token, where it can be deposited into a domain’s escrow contract for ongoing services. This payment utility helps balance network supply and demand, with the token’s value determined at the time of entry or exit from the escrow contract, based on real-time exchange rates.

aZen Protocol- 68.75%

Sector – DePin/Compute
Status – Active

aZen Protocol is a universal DePIN protocol accessible across devices, operating systems, and networks, transforming computing resources into dynamic fractional NFTs (dfNFTs). It enables individuals and businesses to monetize idle computing power while offering companies affordable access to these resources, at significantly lower costs than traditional centralized providers. aZen Protocol is adaptable to various applications, including heterogeneous and ubiquitous computing, distributed computing, and federated learning, and spans numerous Web3 and Web2 sectors, from DePIN and e-commerce to Layer 1 and 2 solutions and gaming.

By reducing single points of failure, aZen Protocol makes computing resources—such as IP, bandwidth, memory, GPU, CPU, storage, and applications—readily available, distributed, and cost-effective. It is universally compatible with all computing resources, including IoT devices, PCs, data centers, and smartphones, supporting major operating systems like Android, Windows, and Linux. DePIN devices can integrate seamlessly via aZen Protocol, fostering a diverse and robust ecosystem. Physical computing assets and applications are tokenized as NFTs for secure transfer and precise tracking, while smart contracts manage resource scheduling and rights verification, ensuring secure, transparent transactions. A key advantage of the aZen Protocol is its scalability, enabling businesses to grow without limitations on data volume or complexity. This blend of cost efficiency, improved performance, and scalability positions aZen Protocol as an optimal solution for companies aiming to future-proof their cloud infrastructure.

Investors

The fundraising announcement has not been made yet, but Waterdrip Capital and Rootz Labs are participating as seed investors in the aZen Protocol.

Token

The protocol’s utility token, $aZen, is central to its ecosystem. Users pay $aZen to mint NFTs that represent their applications and resources, and the token is essential for executing transactions on the network. Staking $aZen ensures continuous accessibility of NFT assets for rent, while users earn $aZen by maintaining the consistent availability of their NFT assets on the network. Acting as an intuitive marketplace, aZen simplifies acquiring and managing tokenized assets, functioning as an “App Store” for decentralized computing resources. It facilitates smooth migration from Web2 to Web3, ensuring compatibility and seamless integration. The token is expected to launch by the end of this year.