Sentivate
Sentivate Network is a Web 3.0 solution that aims at building an infrastructure to replace the existing web. Its hybrid model between decentralized and centralized solutions promises to achieve greater speed, increase safety, and scalability than other strictly centralized or decentralized solutions can.
Its approach is revolutionary instead of evolutionary as they want to replace the whole infrastructure with their proprietary one and mitigate the World Wide Web to their Universal Web, which is centralized focused and enhanced with decentralized components.
The problems that the project outlines with the current internet architecture are bandwidth crisis, outdated protocols, broken DNS, lack of accountability, lack of identity, reactive security, Domain rules, and web categorization.
Sentivate addresses the following issues by providing new solutions like the Universal Data Stream Protocol, a UDP based low-latency, real-time, bi-directional, encrypted, and reliable Data Transport Protocol to replace to current HTTP; Universal Domain System with Domain Certificates, Domain Registrar, and Domain Information System to replace the current DNS; and Universal Identity System with Identity Certificates and Identity Registrar to increase accountability and security on the internet.
Instead of web applications, Sentivate Network introduces a new concept of hApps (hybridized applications) that can reduce bandwidth and increase throughput by working in a single-page-applications self-constructing manner.
The network currently uses an SNTVT utility token, which is an Ethreum based ERC20, and serves to facilitate early-stage network participation like development and voting until the migration to their VIAT token is made.
They have also recently entered the DeFi market. In collaboration with Value DeFi Sentivate and Value launched the the world's-first liquidity mining program using the one-click solution of Value Liquid technology. You can read all the details about the programm here.
DeFi Money Market
DeFi Money Market is a project that enables users to earn high interest on their crypto deposits. Unlike other projects, it does so by tokenizing real-world revenue-generating assets like real estate, cars, art collections, aircraft, precious stones, and so on. Purchased assets can be easily verified as they are presented transparently, and all of the current assets held by the DMM Foundation can be viewed on the DMM Explorer.
Their wrapped token represents these assets with the prefix m (mToken). For example, collateralized stablecoins DAI and USDC with ETH, which is currently accepted, are represented as mDAI and mUSDC and mETH. You can start depositing those tokens, wrapping them up, and start earning 6.25% APY (Annual percentage yield).
The interest rate is lower than the revenue generated by the underlying assets, meaning that the DMM platform is over-collateralized to ensure a stable return. Even though the return is expressed annually, the user can easily swap back their wrapped mTokens back to the deposited crypto plus the interest earned up to date.
Source: DeFi Money Market - Whitepaper
Another token in the DeFi Money Market ecosystem is the DMG, which is the governance token and is used by the holder to vote assets and participate in the development and management of the ecosystem as well as earn an extra 5.5% generated by the platform as a means of incentivizing them to participate.
DMM platform bridges the gap between digital assets and physical revenue-generating ones to provide a stable and high interest, solving the volatility problem in the first and low (zero)-interest rate in the second. The user can deposit ETH or any digital asset on the Ethereum blockchain (other ERC tokens) and get an equivalent wrapped mToken that represents the underlying digital asset in the same amount. When the user wants to withdraw his deposit, he returns the original digital asset plus the smart contract's specific yield and earns until the due date.
Another interesting feature of the platform is that the users don't have to pay gas fees for these transactions. This is ensured by integrating delegated payments on the Ethereum network and enables further flexibility, profitability, and convenience for the user, knowing that he can withdraw funds without paying the fee so that his short-term deposits meant something.
Vectorspace AI
Vectorspace AI is a San Francisco based startup and is created by a team with a deep background in science, technology, and financial markets. They are specialized on-demand data and dataset companies with a focus on revenue-generating customers which are trillion-dollar asset management companies, funds, and other financial institutions.
Vectorspace AI enables data engineers and scientists to save time by testing hypotheses or running experiments for additional data interpretations from improving music and movie recommendation systems to enabling research or discovering a hidden relationship in nature. Vectorspace AI finds correlations between data and can help for example hedge funds and asset management companies generating ALPHA (the term ALPHA is a measure of the active return on investment).
Additionally, you can also listen to this great podcast where the Twitter content creator Mr. Backwards interviews Kasian Franks the CEO of Vectorspace AI.
Chiliz
Chiliz, powering the platform Socios.com, is an ecosystem for improving engagement between fans and their favorite sports or esports team. The fans get to be closer to their favorite club and get involved in a limited capacity to influence certain aspects of team management. The sports organizations, on the other hand, can improve their communications and relations with the fans, which should lead to increased fan commitment and loyalty.
In what Chiliz calls radical fan engagement, the aim is to provide a platform that enables an exchange between fans and their favorite team with a voting system that is designed to be difficult to compromise. The fans get voting rights to guide some of their favorite teams’ management and strategy decisions with the help of blockchain technology. With Chiliz powering the Socios.com platform, fans can fund, support, and promote any sports or esports organizations. In turn, teams, leagues, or event organizers from any corner of the world can monetize fan demand.
Chiliz and Socios.com have potentially created a crowd management platform for teams, leagues, events, and games across multiple sports.
Sentinel
Based on interoperable blockchain technology, Sentinel Network aims to utilize multiple chains to create a decentralized solution for resource sharing withgovernance and fair incentivization.
As team stated on their AMA, “Sentinel is a distributed Resources and Services marketplace with bandwidth as the first resource and dVPN as the first dApp or Service running on the Sentinel Network. There are additional Services like Sentinel dChat, aka Sentrix that utilize both storage and bandwidth on the Sentinel Network.”
So far, the project focused on blockchain-based decentralized VPN/Security Suite project. dVPN is the project’s first & flagship dAPP, and it is based on a peer to peer technology. It means that the network runs because of people's support - no central server. They aim to step away from centralized servers and build something that can not be monitored by governments. To achieve this, they realized early that they need to incentivize people who share unused bandwidth with dVPN customers.
dVPN allows a person to use the VPN service or help the VPN by sharing unused bandwidth with other people in the network. If you host a Service Node for the dVPN service (contribute network bandwidth and other resources by hosting), you can monetize your resources & earn SENT.
We used Sentinel dVPN (available on Google Play) for over 12 hours without any service interruption back in Q4 2019. You can find Windows, Linux & Mac clients here.
Beam
Beam is an open-source cryptocurrency that is powered by a novel blockchain technology named the Mimblewimble protocol. The team is aiming to create a best-in-class privacy coin by offering a winning combination of privacy, usability, and eventually opt-in compliance.
According to their latest Roadmap Update, they will focus their work on Atomic Swaps, Hardware Wallets. They will also work on extending the Beam ecosystem by adding Confidential Assets, i.e., the ability to issue additional coins/tokens on top of the Beam protocol. The team will also be working on further improving the privacy of the protocol by adding Lelantus-MW - an adaptation of Lelantus privacy protocol to Mimblewimble. Other items on the 2019 roadmap include multisig Tor/I2P integration. Beam also plans to invest resources into the development of opt-in compliance features.
Beam holds the crown for being the first live network that implemented the Mimblewimble protocol. Beam is written in C++ and expands on the original proposition of Mimblewimble with some additional features.
Stakenet
Stakenet started its journey as POSW back in late 2016. After the initial development, the team abandoned POSW. Later X9 development team took over and used POSW as a base starting point for Stakenet and began transitioning. The project is rebranded to Stakenet at the end of Q1 2018, and a chain swap happened during that time. The project is a POS (TPoS) blockchain & also supported by Masternodes. TPoS enables users to stake their coins offline directly from their local wallets or hardware wallets like Ledger & Trezor (Stakenet’s hardware wallet Viper is also in their roadmap).
They aim to provide simple & easy to understand (even by non-technical users) features - products to build an integrated decentralized ecosystem with cross-chain interaction possibilities.
In their words:
“Stakenet's mission is to make the XSN framework an ecosystem for cryptocurrencies, to access all their features from one single place, that can’t be hacked, shut down, corrupted or abused. Creating a truly decentralized, private, and trustless profit-driven economy for cryptocurrencies.”
Their own coin $XSN is aimed to be used as default currency as the legal tender and gas for the entire interchain ecosystem.
“XSN Cloud” is a product they offer for carefree staking solutions of various PoS projects such as PIVX & Stratis. You can try it out here: https://cloud.stakenet.io/ & you can check out the up to date rewards here https://cloud.stakenet.io/rewards.
Another product they want to offer in the future is a Decentralized Exchange - Stakenet dx. The masternodes supporting the network will get 100% of the fees collected. The same goes for the rest of the applications they want to create on the Stakenet ecosystem.
