We scored many projects this week. Here are a few which have the most potential:
- FXN: 71.43%
- Duckchain: 70.95%
- Soon SVM: 68.57%
- Seraph AI: 69.05%
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.
FXN – 71.43%
Sector: AI Agent
Status: Active (Public)
FXN is a peer-to-peer protocol enabling AI agents to securely share resources, like API access or computational power, across frameworks. It addresses the limitations of isolated AI systems by fostering collaboration through temporary, controlled subscriptions managed by Resource Agents. These agents maintain ownership of their resources, can revoke access anytime, and earn direct compensation for sharing.
Built on blockchain technology, FXN ensures censorship resistance, trust, and fair compensation without intermediaries. Reputation scores maintain network quality, filtering out unreliable participants. FXN reduces costs and unlocks innovation by providing access to expensive or underutilized resources on demand.
FXN envisions a future of interconnected AI agents forming a global “SuperSwarm™,” where specialization drives efficiency and innovation across industries. From social media campaigns to industrial automation, FXN enables seamless collaboration, reshaping how AI systems interact and operate in the digital economy.
Key Features
- Decentralized Resource Sharing
FXN enables AI agents to securely share digital resources, such as API access, computational power, and verified accounts, through a peer-to-peer protocol. - Resource Agent Control
Resource Agents maintain full ownership and control over their shared resources, deciding who can access them and revoking access at any time. - Reputation-Driven Quality
Agents build and maintain reputation scores based on interactions, ensuring a trustworthy network by naturally excluding unreliable or deceptive participants. - Blockchain Security
Built on blockchain technology, FXN guarantees censorship resistance, secure transactions, and fair compensation without relying on intermediaries. - On-Demand Monetization
Resource providers earn direct compensation for sharing otherwise idle resources, while resource users pay only for what they use, reducing costs and maximizing efficiency
Token
The $FXN token powers the FXN ecosystem by facilitating resource access payments between AI agents. It also rewards AI-to-AI gaming participation on FXN’s AI2AI gaming platform. $FXN also incentivizes developers and community members to expand the network.
Duckchain – 70.95%
Sector: Interoperability Layer on Ton.
Status: ACTIVE
DuckChain is the first consumer layer on TON, built on the Arbitrum Orbit infrastructure to connect TON with Ethereum (EVM), Bitcoin (BTC), and other ecosystems. It enables developers to migrate applications, build dApps, and attract liquidity, transforming Telegram into a blockchain-powered super-app for its 950 million global users. Users can generate DuckChain addresses with one click and perform activities like asset transfers, DeFi participation, staking, and NFT minting directly within Telegram. By allowing gas payments using Telegram Stars, DuckChain eliminates the need for external tokens, simplifying blockchain adoption for web2 users. Its high-performance infrastructure ensures seamless parallel transaction execution and low-latency finality, supporting scalability even during high traffic. With EVM compatibility and integrated Telegram tools, DuckChain makes blockchain accessible and engaging, driving real-world adoption through an intuitive and user-friendly ecosystem.
Key Features
- Telegram Integration:
Users can create DuckChain addresses with one click, bypassing private keys and mnemonic phrases, and perform activities like asset transfers, DeFi participation, staking, and NFT minting—all within Telegram.
- Unified Gas System:
Gas fees can be paid using Telegram Stars, removing the need to purchase external tokens and making blockchain access seamless for web2 users.
- EVM Compatibility:
Developers can build and migrate smart contracts in an Ethereum-compatible environment, streamlining the transition to TON.
- High-Performance Infrastructure:
Supports parallel transaction execution and low-latency finality, ensuring scalability and smooth operations during high traffic periods.
- Real-World Adoption:
Enables users to interact with DeFi, stake assets, and trade tokenized assets directly within Telegram, integrating blockchain into daily communications. - Seamless Interoperability:
Connects TON with Ethereum, Bitcoin, and other ecosystems, fostering liquidity and broadening blockchain accessibility.
Investors
DuckChain recently raised USD 5 million from prominent investors, including OAK Groves Ventures, Gate Labs, DAO5, Kenetic, Presto Labs, DWF Ventures, Skyland Ventures, GeekCartel, and Quantstamp.
Soon SVM – 68.57%
Sector: SVM | Layer 2.
Status: Active
SOON is a high-throughput blockchain infrastructure designed to enable Solana Virtual Machine (SVM) Layer 2 (L2) deployments on any Layer 1 (L1). It leverages the SVM’s parallel execution capabilities, ensuring unmatched performance and scalability. With its Decoupled SVM for L2, SOON enhances security through a robust fraud-proof system, removing unnecessary vote transactions and minimizing data availability wastage. It integrates zero-knowledge (ZK) fraud proofs to reduce settlement times from 7 days to approximately 1 day, streamlining dispute resolution. Additionally, SOON offers cost-efficient data availability options, supporting protocols like EigenDA, Avail, and Celestia, simplifying operations and lowering costs. By combining these features, SOON sets a new benchmark for scalable, secure, and efficient blockchain development.
Key Features
- High-Performance Parallel Execution:
SOON uses the SVM, which supports parallel execution through the Sealevel runtime and accounts model. This design eliminates state conflicts, allowing transactions to process simultaneously and boosting overall throughput. - Specialized SVM for L2 with Enhanced Security:
SOON introduces a Decoupled SVM designed for L2s, incorporating a separated Transaction Processing Unit (TPU) and Proof of History (PoH) simulation. This setup enhances network security through robust fraud-proof systems, removes unnecessary vote transactions, and minimizes data availability wastage. - ZK Fraud-Proof Integration:
Deployments on SOON leverage zero-knowledge (ZK) proofs for interactive dispute resolution. This mechanism reduces settlement times from the standard 7 days to approximately 1 day using the native bridge, improving efficiency and usability. - Cost-Efficient Data Availability (DA):
SOON chains offer configurable DA options, supporting EigenDA, Avail, or Celestia. This flexibility eliminates the need for maintaining separate configurations for each DA protocol, simplifying operations while lowering costs.
Investors
SOONVM successfully raised an undisclosed pre-seed funding round led by The Rollup Ventures, with participation from prominent angel investors, including Victor Ji, Shumo Chu, Mustafa Al-Bassam, Mable Jiang, Kartik Talwar, Alex Pruden, Anatoly Yakovenko, Alex Kehaya, Gajesh Naik, Skylar Weaver, Prabal Banerjee, Anna Yuan, Amrit Kumar, Robinson Burkey, Kash Dhanda, Adam Jin, Jonathan King, Jed Halfon, Dani Osorio, Rachel Chu, Tom Warner, Jason Lee, Abhimanyu Bansal, Yu Feng, Matthew Katz, Max, Rex St. John, Lily Liu, Smit, Chris Ba (Colosseum), and others.
Seraph AI – 69.05%
Sector: AI AGENT
Status: Active (Public)
Seraph is an autonomous AI agent powered by Bittensor’s subnet BitMind, blending virtual intelligence with the specialized, decentralized capabilities of Bittensor’s subnets. Acting as a digital guardian, Seraph embodies the wisdom of a mentor-like figure, reimagined for the modern era as a vigilant force against deceptive AI systems and synthetic content. Seraph’s mission is to uncover misinformation, uphold truth, and advocate for decentralized intelligence as a foundation for the future of Web3.
Key Features
- Autonomous AI Agent
Functions independently as a digital entity which bridges the gap between Virtual protocols and Open tensor platforms.
- Decentralized Intelligence
Seraph is Powered by Bittensor Network. Ensuring transparency and trust in data evaluation.
- Seraph’s AI Capabilities:
- Wait: Pause or delay operations.
- Post Tweet: Share information directly on Twitter.
- Reply Tweet: Engage with specific tweets.
- Like Tweet: Show approval on relevant tweets.
- Retweet: Amplify key messages.
- Search Internet: Gather data from online sources.
- Get Token Info: Access blockchain or token-related information.
- Browse Tweet Content from Influential Users: Identify key insights from prominent accounts.
- Search Tweet by Username: Locate content from specific Twitter users.
Token
The $SERAPH token serves as the native currency of the Seraph Terminal, granting users access to its features with a minimum holding requirement of 100 $SERAPH. Currently listed on decentralized exchanges like Uniswap and Matcha, $SERAPH boasts a market capitalization of $22.2 million at the time of writing, reflecting its growing presence in the digital ecosystem.