TOKEN METRICS WATCHLIST

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

ChainPatrol
RocketX Exchange
Kujira
Entangle
Maverick Protocol

Please keep in mind that some of these projects have not yet been subjected to our code review process, but we want to call them out here for preliminarily catching our eye based on our fundamental analysis process.

ChainPatrol (Website –Twitter)

ChainPatrol is a leading Web3 security company committed to safeguarding the community and brand from potential scammers. Their state-of-the-art security platform and extensive monitoring system provide real-time protection for the next generation of Web3 enterprises. Their blocklist is integrated directly into wallets, stopping fraudulent transactions before they happen. Their mission is to provide cutting-edge security solutions to ensure the safety and success of Web3 companies.

Why we like it

ChainPatrol’s security platform incorporates an integrated blocklist directly into wallets, taking a proactive approach to preventing fraudulent transactions before they can occur. With constant vigilance, our 24/7 monitoring system identifies scammers targeting the community on various platforms, including Twitter, Discord, Telegram, and Google Ads. By continuously scanning these channels, ChainPatrol promptly identifies and addresses potential threats, ensuring the safety of the community members and protecting them from falling victim to scams. ChainPatrol employs a comprehensive asset management system to enhance further security to monitor crypto-related elements like URLs, contact addresses, and wallet addresses. Each asset is carefully assessed and assigned a status, indicating whether it is allowed or blocked. They also encourage users to propose changes to an investment level through detailed reports. These reports undergo rigorous evaluation by both organization administrators and ChainPatrol staff.

Investors

ChainPatrol closed a pre-seed round of funding in December 2022.

The Team

The founding team has a strong background in technology and entrepreneurship, making them well-suited for this project.

Token Utility

TBA

Where can you buy the token

TBA

RocketX Exchange(Website –Twitter)

RocketX Exchange is a sophisticated hybrid CEX and DEX aggregator, functioning as a search engine to provide users optimal prices for crypto swaps or trades. Its advanced features empower users to select their preferred trading platform, considering crucial factors such as processing time, security, slippage, protection from MEV, and more.

Why we like it

RocketX Exchange is a leading platform offering extensive features to enhance the crypto trading experience. With its advanced capabilities, RocketX aggregates all the leading(270+) CEXs and DEXs, ensuring users access the best rates for every swap through a user-friendly interface. Moreover, the platform boasts impressive interoperability, allowing users to transfer native digital assets across over 60 blockchains, with plans to expand to over 200 shortly. RocketX enables self-custody, enabling users to trade on prominent CEXs directly from their preferred wallets like Metamask or Trustwallet while retaining complete ownership and control over their digital assets. The platform also facilitates a comparison of CEX and DEX exchange outcomes, ensuring the best prices and swift processing. Security is of utmost importance, as the platform is fully decentralized and non-custodial, providing users with complete control over their keys and tokens. Their ecosystem of products and services offers a one-stop solution for buying, selling, and swapping cryptocurrencies.

Investors

TBA

The Team

The RocketX Exchange team is composed of intelligent individuals with exceptional talent and unwavering dedication to creating an outstanding product. Their accomplishments thus far have been truly remarkable.

Token Utility

The max supply of RocketX’s token $RVF is 1 billion.

The aimed goal is to improve the token utility for every token holder. Below are the main benefits of holding $RVF:

Platform fee discounts: Avail up to 100% discount on platform fees by holding $RVF. The more tokens you have, the higher the values.
Early access to new product features and exclusive access to 10K Club to discuss new upcoming developments and features along with a 25% discount on platform fee by holding 10K $RVF.

Where can you buy the token

You can buy RVF from centralized and decentralized exchanges.

Kujira (Website –Twitter)

Kujira represents a pioneering decentralized ecosystem that seeks to revolutionize payment infrastructure and deliver sustainable FinTech solutions to protocols, developers, and Web 3 users. Their core mission revolves around providing an array of user-friendly and cost-effective tools that cater to individuals with varying levels of crypto expertise, from novices to seasoned retail investors.

Why we like it

Kujira is a decentralized ecosystem built on the Cosmos network, providing sustainable FinTech solutions with cross-chain interaction through IBC. Its key offerings include revenue-generating products like ORCA, FIN, BLUE, FINDER, and USK. The ecosystem employs staking, cross-chain functionality, and community governance for network quality and sustainability. It enhances efficiency through on-chain scheduling and native token generation while ensuring reliability with a robust oracle and secure randomness from the Entropy Beacon. Kujira is committed to empowering decentralized finance with transparency and security for its users. A contract to launch on Kujira needs to be voted in via governance. It is not just limited to its first-party dApps but also hosts various third-party projects built on the Kujira ecosystem. As an innovation hub, it introduces revenue-generating products characterized by exceptional user experiences, thereby democratizing access to investment opportunities that were once restricted to affluent individuals.

Investors

TBA

The Team

The Kujira team comprises a highly dedicated and skilled group of individuals committed to the development and expansion of the Kujira platform.

Token Utility

KUJI token acts as a means of payment for network and dApp fees, ensuring smooth operations and seamless user interactions. Notably, all fees collected within the network are distributed proportionally among KUJI stakers, incentivizing active participation and fostering a sense of ownership among stakeholders.

Where can you buy the token

KUJI tokens can be brought from decentralized exchanges.

Entangle (Website –Twitter)

The Entangle Blockchain is meticulously crafted utilizing the robust Cosmos SDK, which encompasses crucial attributes like IBC transferability and EVM compatibility, complemented by utilizing the Tendermint Core Consensus Algorithm to ensure seamless agreement among Validators.

Why we like it

Entangle develops innovative omnichain solutions to tackle DeFi challenges, including Siloed & Illiquid Capital, Capital Inefficiency for Liquidity Providers, Lack of Sticky Liquidity, and Expensive Oracle Solutions. They transform liquidity provision and rewards through a user-friendly interface, the “Internal DEX,” allowing easy exchanges between USDC and Synthetic Vaults. Cross-chain functionality simplifies scalable, trustless transactions. Synthetic Vaults enable liquidity provision across chains in a single click, eliminating complex processes. Entangle enhances capital efficiency by allowing the recycling and staking of Synthetic Vaults in derivatives protocols. The Entangle Oracle Solution, hosted on a Cosmos-based Blockchain, addresses oracle issues with flexibility and lower costs than traditional approaches. Entangle lays the groundwork for a more inclusive and efficient DeFi ecosystem through its innovative approach, empowering users to participate seamlessly in liquidity provision and unlocking new possibilities for decentralized finance.

Investors

TBA

The Team

The Entangle team comprises highly experienced individuals who are deeply committed to the project’s success.

Token Utility

The Entangle Token, $NGL, is the native gas token on the Entangle Blockchain, with an ERC20 representation available on other blockchains. Holders can earn revenue by staking as Validators or Delegators, running a Keeper Oracle, or utilizing the Entangle Oracle Solution. $NGL Tokens cover gas fees on the Entangle Blockchain and can be acquired through staking or Keeper Oracle Rewards.

Where can you buy the token

TBA

Maverick Protocol(Website –Twitter)

Maverick Protocol is a cutting-edge DeFi infrastructure strategically designed to enhance capital efficiency and provide superior capital control within the liquidity market. The powerful Maverick Automated Market Maker (AMM) drives the platform and seamlessly operates across multiple blockchain networks, including Ethereum, zkSync Era, and Binance.

Why we like it

Maverick Protocol revolutionizes DeFi with its advanced infrastructure, providing highly liquid markets for traders, liquidity providers, DAO treasuries, and developers. Powered by the Maverick AMM, it maximizes capital efficiency by automating liquidity concentration with price movements. This innovation led to better trading prices and reduced gas fees for liquidity providers. Additionally, liquidity providers can make directional bets on specific assets within pools, introducing further flexibility. As the first Dynamic Distribution AMM, Maverick Protocol represents a game-changing shift in liquidity management, streamlining processes and enhancing decentralized finance practices.

Investors/ Partners

Maverick protocol is supported by Pantera Capital, Jump Crypto, Altonomy, Circle Ventures, Coral DeFi, Gemini, GoldenTree Asset Management, LedgerPrime, Shima Capital, and Spartan Group.

The Team

The Maverick development team comprises a group of highly skilled and innovative experts in the cryptocurrency industry. They boast an impressive track record of building various original infrastructures for cryptocurrencies. These achievements include the development of a swap aggregator, Ethereum layer2 solutions, PoS public blockchains, decentralized exchanges (DEX), decentralized storage networks, crypto lending platforms, a crypto debit card, and quantitative digital asset investment tools. Notably, team members and advisors have worked with renowned companies such as Metamask, BitTorrent, Abra, TrueFi, Paxful, and LedgerPrime, bringing a wealth of industry experience and expertise to the project.

Token Utility

MAV is the native utility token of the Maverick ecosystem. It is designed primarily for staking, voting, and boosting. The max supply of MAV is 2 billion.