Formation Fi

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RFOX

XCAD Network

High Performance Blockchain is the first permissionless public blockchain to innovate with hardware acceleration and provably random numbers:

acceleration delivers fast, ultra low-fee, on-chain transactions

provably random numbers support 100% fairness

HPB (the coin) is used to pay transaction gas fees and to reward node operators.

Hyperblox

KAI Network is a next-generation blockchain designed to turn AI breakthroughs into on-chain value. It enables developers, content creators, prompt engineers, and researchers to earn $KAI by discovering novel techniques—such as prompts, workflows, model exploits, or parameter optimizations—and minting them as digital assets. These discoveries become NFTs (called DCVRs) that generate royalties and can be licensed or traded across the ecosystem.

Whether you’re building tools, running agents, or just experimenting with AI, KAI lets you capture the value of your creativity—directly, transparently, and on-chain.

KaiChain

Splinterlands is a digital, collectible card game based on blockchain technology and inspired by games like Magic the Gathering and Hearthstone, where players build a collection of cards with different attributes and battle other players in skills-based matches. It is a game where players can buy, sell and trade their digital assets just as they would with physical trading cards games such as Magic the Gathering, Pokémon and Yu-Gi-Oh!

Splinterlands was created as players lost the ability to truly own their assets (or trading cards) once games went digital. With blockchain technology, it allows players to own and trade their digital assets freely once again. It also allows the game to have true scarcity and transparency, which means all cards on Splinterlands have a verifiable supply and historical record.

Players battle other players by choosing ranked or practice battles. With ranked battles, players can increase their rating. There is no downside to playing ranked battles as a beginner since players with a rating below 100 do not lose ranking points. Battles take place between players of similar strength. When matched up with an opponent, both players choose a set of six monster cards and one summoner card for the battle to destroy all their opponent’s monster cards and win the battle.

Although the game is free-to-play, players need to purchase the summoner’s spellbook for $10 if they want to unlock the game in full. With the summoner’s spellbook, players get access to their account keys and unlock the ability to earn Dark Energy Crystals, which can be redeemed for real currency.

Splinterlands started in May 2018 and launched Splintershards (SPS) – its governance token for the SPS decentralized autonomous organization (DAO) at the end of July 2021. It concluded a $3.6M private token sale for 6.6% of the SPS token supply. After reaching 100,000 players in its first three years, it added another 50,000 in just over a month from June 2021. Splinterland plans to build out its game in the latter half of 2021, with oracle integration planned for Q1 2022.

Splintershards

TE-FOOD

George Connolly is the founder and CEO of OneLedger and a Forbes top 100 executive member and specializes in Systems Integration. George has worked as Private sector System Integration Technology Leader 15+yrs, PwC Technology Leader; Commonwealth Business Council - Government National Strategic Plan Consultant, Global ECM/Digital Transformation Leader.

George has established deep relationships with decision-makers across the Caribbean, and Central America can thrive in closing business and creating opportunities throughout the value chain.

He is known for innovative solution sales, marketing, advertising, and promotional strategies that focus on a point and deliver the desired results.

OneLedger

Kaon

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

Deeper Network is backed by Parity, AU21, Digital Renaissance, Master Ventures, Brilliance Ventures, Loopring, SevenX Ventures, UVA, YOUBI Capital, GOBI Partners, CANDAQ, Blocksync Ventures, Republic, ChinaPolka, Titan Ventures, Consensus Lab, Spark Digital Capital and BMW Capital.

Deeper Network also has partnerships with Polkadot, Best Buy, Amazon, Indiegogo, PAID Ignition, Duckstarter, Poolz and Flybit.

Deeper Network

WanBridge is Wanchain’s decentralised, direct, non-custodial value-transfer bridge. It is a network of smart contracts that can lock, mint, burn, and unlock fungible tokens and NFTs on both EVM and non-EVM networks without requiring any intermediary blockchains or centralised intervention. WanBridge cross-chain transactions are executed and secured by the Wanchain Bridge Node Group.

Try WanBridge at https://bridge.wanchain.org/.

Wanchain

Opium is a new platform for launching and trading cryptocurrency derivatives.

Having begun operations in May 2020, Opium uses Ethereum to run a decentralized derivatives marketplace in which any cryptocurrency owner can participate.

The aim of the platform is to democratize access to financial derivatives while using the benefits that decentralization affords traders over legacy alternatives.

Opium’s in-house token, OPIUM, launched in January 2021 and will fulfil various roles mostly centered around platform governance. Active users will be able to vote on some of the most important decisions involved in the platform’s operations.

Opium

PERL.eco

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Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

Roobee (ROOBEE) is a blockchain-based investment platform that allows users to invest in products from both the traditional and crypto markets. The platform is under active development and is already operational. Behind the platform is a team of developers who won prizes in hackathons, including the 2017 and 2019 ETHWaterloo hackathons held in Canada by ETHGlobal.

The mission of Roobee is to give any person with any level income an opportunity to invest starting just from $10 in investment products that are only available to big institutional players, qualified investors, millionaires, and funds. With the help of the Roobee platform, the goal is to empower people from all over the world to invest in any of the many investment products available on the platform: crypto, stocks, ETFs, IPOs, real estate, and more.

ROOBEE

Karura is an all-in-one decentralized finance (DeFi) hub and stablecoin platform built on Kusama (KSM) and integrated into Polkadot (DOT). Karura was created by the Acala Network, which has won four Web3 Foundation grants and founded the Substrate Developer Academy.

To learn more about this project, check out our deep dive of Karura.

Both Karura and Acala are backed by multiple funds, including Coinbase Ventures, Pantera Capital, Polychain Capital and Hypersphere. Karura and Acala operate in parallel. Specifically, Karura is implementing DeFi on Kusama in the same way that Acala is offering DeFi on Polkadot. The network is built with almost the same codebase as Acala: the two platforms provide scalable, convenient and fast DeFi cross-chain ecosystems for Kusama and Polkadot.

Parachain Karura is a platform that allows users to create effective, low-cost and complex financial applications, saving time and increasing trading efficiency.

The platform itself provides a multi-collateralized stablecoin backed by cross-chain assets (kUSD), a trustless staking derivative (liquid KSM), and an automated market maker (AMM) decentralized exchange (DEX) for unlocking liquidity and supporting financial innovation.

Karura is the decentralized financial hub of Kusama, a scalable multi-chain network for radical innovation and early-stage Polkadot deployments. Karura is the sister network to Acala. It hosts multichain liquid staking token (LST) protocols (such as liquid KSM - LKSM), an AMM decentralized exchange, and an app platform that is EVM-compatible and highly customizable (based on Substrate). Karura is secured by Kusama, and is the liquidity gateway of Kusama parachains, Acala and L1/L2 blockchains

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