A quick look at the 12 crypto startups incubated by Alliance this year

Original title: "Another graduation season, a quick look at the 12 crypto startups incubated by Alliance this year"

Original source: TechFlow

At this time when the market is wavering and the market is slightly tired, Alliance is bringing the latest batch of incubated projects to the market.

As the largest accelerator in the crypto world, Alliance has incubated projects that are currently well-known in the market, such as Tensor, Pendle, and Synthetix. The recently popular crypto consumer applications Fantasy.top and Pump.fun were incubated by Alliance. Fantasy.top and Pump.fun are now among the top ten cryptocurrency protocols in terms of fees and revenue generated, surpassing a number of veteran L1s.

Last week, 12 crypto startups successfully "graduated" from the Alliance. Among them, the projects in the currently popular RWA, AI, and DePIN tracks accounted for the majority. The selection of incubation members reflects the Alliance's close understanding of market hotspots and industry narratives.

In addition to controlling the current hot narratives, several projects in this issue focus on developing the crypto market in Asia, Africa, and Latin America, reflecting the current trend of the crypto field expanding to third world countries.

Here are the introductions to these 12 startups:

1. Villcaso

Product direction: Tokenization of US real estate

Project Twitter: https://twitter.com/Villcaso

Introduction:

Villcaso tokenizes US real estate on the chain in a compliant manner. Now global users can participate in US real estate investment by holding Villcaso's on-chain token $USH (US Housing), solving the problems of policy compliance and high entry barriers faced by non-US residents investing in US real estate.

2. GoBankless

Product direction: Cross-border cryptocurrency payments in Africa

Project Twitter: https://twitter.com/gobanklessapp

Introduction:

GoBankless builds a compliant stablecoin cross-border payment system for African SMEs. The project helps SMEs convert cash into stablecoins. Through cross-border payments on the chain, it helps African SMEs avoid Swift's 20% handling fee and long settlement time, solving the huge pain points of African SMEs. Currently, GoBankless has provided services to more than 400 express delivery companies and 49 bank branches in Africa.

3. Wasabi Protocol

Product direction: NFT and MEMECOIN derivatives trading

Project Twitter: https://twitter.com/wasabi_protocol

Introduction:

Wasabi Protocol is a Web3 long-tail asset derivatives exchange built on Blast Chain, providing users with leveraged trading of highly volatile assets (such as NFT, MEMECOIN), as well as NFT options, asset pledges, and fragmented NFT trading services. It is also the first project to provide derivatives trading for ERC721s and ERC404 asset protocols, and actively promotes the solution of liquidity problems of memecoin with cultural attributes. Within a few months of its launch, Wasabi attracted more than 30,000 users and the platform transaction volume exceeded US$200 million.

4. Lulubit

Product direction: Provide fiat currency exchange for Central America

Project Twitter: https://twitter.com/lulubitapp

Introduction:

The Central American market, which has a volume of 70 billion US dollars, is still dominated by P2P networks with high transaction fees and poor user experience in cryptocurrency transactions. To solve this pain point, Lulubit provides fiat currency exchange cryptocurrency services for Central American users. Users can use bank accounts to directly buy or sell cryptocurrencies and use debit cards to consume cryptocurrencies. In less than a year, Lulubit has attracted more than 18,000 users. The product currently serves residents of Panama and Guatemala and will soon expand to other parts of Central America.

5.ZwapX

Product direction: Tokenization of luxury watch transactions

Project Twitter: https://twitter.com/zwapxofficial

Introduction:

Traditional luxury watch trading platforms such as Chrono24 and Montro have shortcomings such as imperfect technology for distinguishing the authenticity of watches, which has led to endless fraud incidents surrounding luxury watch transactions. In order to combat fraud, traditional platforms must rely on a deposit escrow system to solve this problem.

ZwapX solves this problem by escrowing watches for customers instead of funds. After registering the watch information, users can send the watch to ZwapX's warehouse in Geneva. Before the watch is put into storage, professionals will check the authenticity and quality of the watch. After confirming the entry into the warehouse, ZwapX will exchange the watch for the corresponding on-chain token. Users can choose to hold or freely trade the watch token. After the transaction is successful, the funds are immediately delivered to the seller, and the buyer can exchange the token for a physical watch or use it as collateral in DeFi at any time.

6.Fractal Payments

Product direction: stablecoin cross-border payments

Project Twitter: https://twitter.com/FractalPayments

Introduction:

Fractal Payments is a global cross-border payment platform that supports stablecoin settlements, with transaction fees 3 times cheaper than Swift and settlement speeds 6 times faster. Traditional cross-border payment solutions face high fees, slow processing times, and complex usage thresholds.

Fractal Payments is fully licensed in the European Union and currently supports payments in more than 60 countries. This allows companies to use fiat currency for transaction pricing while using on-chain stablecoins for fast and low-cost settlements.

Currently, Fractal Payments has been connected to applications such as Zerion and is widely used.

7. Codigo

Product direction: AI code generation platform

Project Twitter: https://twitter.com/CodigoPlatform

Introduction:

The availability of AI models depends largely on the quality of the model training data. However, it is difficult to obtain training data because the relevant fields are usually not well classified and the quality of the models varies. Currently, Codigo is committed to helping users easily obtain high-quality training data. The Codigo platform uses tokens as incentives to provide customers with high-quality data sets through data crowdsourcing and centralized review, while providing training services for segmented professional models for high-risk AI financial sectors. It is worth mentioning that Codigo's initial focus was on encrypted source code, which has abundant data and excellent quality. Their beta tool generated more than 4 million lines of code in just 6 months.

8.Accrue

Product direction: Cross-border payments in underdeveloped areas of Africa

Project Twitter: https://twitter.com/useaccrue

Introduction:

Accrue provides users in Africa with the service of creating virtual payment cards. On the Accrue platform, African users can recharge virtual cards with USD stablecoins through various channels including banks and use USD stablecoins for transaction settlement. This method reduces the cost of cross-border settlement in Africa by nearly 10 times, and shortens the settlement speed from 2 weeks to within 5 minutes. Currently, Accrue has been launched in 7 countries and regions and integrated into Opera, the largest payment wallet application in Africa. Since its launch, Accrue has processed more than US$5 million in transactions.

9.Fig

Product direction: CeFi options tokenization

Project Twitter: https://twitter.com/FigPlatform

Introduction:

Fig focuses on the CeFi options market, which is much larger than the CeFi perpetual contract market. It tokenizes complex options to help users easily use options for on-chain investment portfolios and use complex hedging strategies to gain returns

Since the project was launched 4 months ago, Fig's options trading volume has exceeded US$50 million, and the ecosystem TVL has exceeded US$10.2 million.

10.0G

Product direction: Data availability solution for artificial intelligence chain

Project Twitter: https://twitter.com/0G_labs

Introduction:

0G lbs is the first modular AI chain, which is building a programmable data availability solution to solve the large amount of data storage and throughput problems required for on-chain artificial intelligence operation, dividing data into two stages: publishing and storage. According to official introduction, this architecture is 50,000 times faster than leading data availability solutions such as Celestia, and 100 times cheaper.

11.Proto

Product direction: Using DePIN devices to build Google maps on the chain

Project Twitter: https://twitter.com/dp_proto

Introduction:

Proto's DePIN network uses token incentives to provide the latest map drawing services for emerging economic industrial areas through geographic data uploaded by users' mobile phones. Uploading geographic data through users' mobile phones can solve the problem of large map operators such as Google not updating information in a timely manner due to dense construction in urban centers and rapid changes in geographic information in developing countries such as Mumbai and Bangalore.

Within a few months of launch, Proto has achieved 75% Google Maps coverage in Bangalore, while also providing new coverage in areas that Google Maps cannot cover.

12.Dinari

Product direction: Tokenization of US stock securities

Project Twitter: https://twitter.com/DinariGlobal

Introduction:

Dinari is a securities asset trading platform for Web3. Dinari uses smart contracts to tokenize securities called dShares, allowing users to trade traditional securities assets such as stocks, bonds, ETFs, etc. on the chain. Currently, Dinari only runs on Arbitrum and supports the use of stablecoins such as USDC, USDC.e and USDT to pay for transaction Gas, without the need to prepare native tokens such as ETH.

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