TOKEN METRICS WATCHLIST

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

My Pet Hooligan
Mind Network
Parso
Devol
SuperHedge

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.

My Pet Hooligan(Website – Twitter)

My Pet Hooligan is a Web 3 flagship IP by AMGI Studious. They build a fun and engaging Web 3 game using their advanced animation and proprietary technology. They aim to leverage their cutting-edge animation to other domains like movies, IPs, etc., and be a creative bridge between Hollywood and Web 3. My Pet Hooligan is trying to evolve animation to a new era and curate a global franchise.

Why we like it

The gaming market is massive and expected to expand even further. The inventions of blockchains and NFTs have given it a new touch, which has boosted the gaming market. My Pet Hooligan is taking advantage of this trend with its creative animation. The project is backed by a strong team that has worked with great animation studious like Pixar Studious, Disney, ILM, and Pixomondo. The gameplay for “The Rabbithole” looks fantastic and has gained substantial traction. The game includes all the features of Web 3 and provides users with unique modes and features.

My Pet Hooligan NFT collection has been well-received, with a trading volume of 20,000 ETH. They are also working on INTERLOOP, their metaverse, where developers can come and build on their network, utilizing the suite of tools they offer. This will provide interoperability and connectivity among Web 3 games, promoting Web 3 adoption.

My Pet Hooligan partners with traditional gaming leaders such as Delphi Digital and Yield Guild Games. Additionally, they plan to leverage their pre-existing relationships with Epic Games, Unreal Engine, Coldplay, and Netflix. They also have an original animated movie on their timeline. My Pet Hooligan uses cutting-edge technology and is driven by a strong ambition, complemented by a great team.

Investors/ Partners

TBA

The Team

The team at My Pet Hooligan is the biggest asset of the project. Its members are talented individuals with significant professional experience in gaming, animation, business development, and Web3. Many have worked with famous studios such as Pixar, Disney, ILM, and Pixomondo. The founders have previously held both management and creative positions, which is a bonus.

Token Utility

The $KARROT token will run My Pet Hooligan and The Rabbit Hole Game. The token will launch in Q3 2023. The token is designed to have long-term sustainability and an essential role with a broader use case.

The ecosystem members can earn $KARROTS through engagement in competitive gameplay, social activities, community rewards, and contributions to the creator economy.

The $KARROT holders will gain access to the ecosystem marketplace, exclusive in-game cosmetics, battle passes, and future collectible drops. They will also receive benefits in the future roadmap.

$Karrots will have a fixed total supply of 1,000,000,000 tokens.

Where can you buy the token

TBA

Mind Network(Website – Twitter)

Mind Network is a decentralized data lake that provides end-to-end encrypted computation and storage for on-chain private data, utilizing their patented Adaptive Fully Homomorphic Encryption (AFHE). It secures your data and enables analysis and storage of on-chain private data with end-to-end encryption. The users are provided an easy-to-use, efficient decentralized storage.

Why we like it

Mind Network is bringing new security to the Web 3 ecosystem by introducing a Zero Trust Data lake. This network is not a Layer 1 solution but a modular peer-to-peer network that can be integrated into other decentralized infrastructures to improve their encrypted computation and storage capabilities. By leveraging Mind Network’s Zero Trust architecture, smart contracts are shielded from unauthorized access and potential manipulation, which boosts reliability.

The Mind Network provides additional support for development through various tools, including Mind Studio, Mind SDK, Mind Scan, and Mind Query. Another interesting feature of Mind Network is its compatibility with Layer 1/Layer 2 chains, decentralized storage, and public chains. It enables encryption across platforms. Mind Network’s innovative and advanced approach to security and storage and its rapid development make it an exciting project.

Investors

Mind Network has raised $2.5M in its seed round. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, and other notable investors participated in the funding round.

The Team

Token Utility

TBA

Where can you buy the token

TBA

Parso (Website – Twitter)

Parso is a revolutionary data interoperability technology that uses SEKAI’s patented EKG to unlock inaccessible data capital and facilitate seamless data exchange between diverse systems. It is unlocking global interoperability with its patent technology. They are working towards providing seamless data interoperability and unlocking hidden data potential.

Why we like it

Today, there is a lot of existing data, but it is not utilized productively due to a lack of interoperability. This hinders value generation and limits the potential for better use cases. Creating and maintaining anthologies is a complex problem, but Parso is on the road to changing that. It is a layer-zero solution that allows participants to develop anthologies quickly.

Parso marketplace is distributed and decentralized, ensuring optimal performance throughout and paving the way for innovation. It bridges the gap between data. Any industry that deals with large volumes of data and relies on data-driven decision-making can benefit from using Parso to enhance performance. It aims to revolutionize data management in manufacturing, logistics, healthcare, finance, retail, and more sectors. They are also working towards establishing a creator economy by leveraging its innovative data interoperability.

Investors

TBA

The Team

Token Utility

$PAR is the token of Parso. It will be used for payment, AI usage, and ownership. The total supply of $PAR will be 9 billion.

Where can you buy the token

TBA

Devol (Website – Twitter)

Devol is a non-custodial option AMM with advanced functionality and zero counterparty risk. It is a low-cost, fully on-chain platform for crypto options trading and democratized liquidity provisioning. DeVol allows users to conduct options trading, manage risk, and analyze trades within one platform.

Why we like it

Devol is offering a one-stop options solution. The platform supports a wide range of trading strategies with deep liquidity, enabling users to enter and exit trades at any time before expiration without an order book. The options offered by the platform are fully collateralized, eliminating counterparty risk. The platform connects traders and liquidity providers. Users get optimized liquidity, zero bid-ask spread, and better capital efficiency.

Devol is built on Solana and is lightning-fast with no extra fees. The options are priced based on supply and demand, and settlement occurs on-chain, ensuring transparency. Users can trade single or combo options. The multi-legged options trades are at low cost. Participants can provide liquidity to the platform and earn yield.

Investors

TBA

The Team

TBA

Token Utility

TBA

Where can you buy the token

TBA

SuperHedge (Website – Twitter)

SuperHedge is a protocol for investing in crypto-structured products passively, with principal protection and options-based vault strategies. Investments are represented as NFTs and can be traded on a secondary marketplace. Benefits include having directional views, receiving regular income, maintaining self-custody, compounding, and improving portfolio diversification.

Why we like it

The cryptocurrency market is highly volatile, which risks investors’ money. Many users lack the knowledge and experience to effectively manage cryptocurrencies and hedge their risk, resulting in the loss of their invested principal amount. SuperHedge allows users to fully hedge their principal by issuing NFT Structured Notes (NFT-SN). In addition, investors benefit from regular income through fixed-interest weekly coupons. Investors can also trade their NFTs on the secondary market. The investments also compound because they auto-roll over after each cycle.

SuperHedge also offers other structured options that allow users to benefit from market upside potential. They charge a 10% performance fee on any profits users make. They also take a low 0.5% transaction fee from sellers on their secondary marketplace. SuperHedge has developed a unique option for cryptocurrency users to hedge and invest, which has tremendous potential.

Investors and Partners

The Team

The team behind Superhedge has solid collective experience in technology, finance, global markets, and trading. The members bring a diverse set of skills to the Superhedge ecosystem.