- Mantra gains enterprise deals, advancing RWA token use.
- Tezos boasts self-amending upgrades and stability.
- Avalanche and Hyperliquid see rising institutional interest.
Main Content
Siqi Chen and Jason Zhao’s Story Protocol, founded with an innovative approach, raised capital in 2023, supported by a16z Crypto and Hashed.
These platforms represent a major shift in digital creation, breaking traditional barriers and enhancing financial creativity.
Story Protocol’s Aim
Story Protocol, with founders Chen and Zhao, aims to revolutionize IP through decentralized monetization. In partnership with Web3 gaming and publishing, they’re enhancing cross-border royalty management, supported by Ethereum Layer-2s and Solana bridges.
“Avalanche’s Retro9000 is our biggest push yet toward frictionless blockchain creation for communities and creators—on-chain creativity should be as easy as making a meme.”
– Emin Gün Sirer, CEO of Avalanche
Mantra and RWA Tokenization
Mantra, led by John Patrick Mullin, is pioneering RWA tokenization, gaining traction with Asian governments. Partnerships are expanding, and their OM token has surged in value, due to recent significant deals.
Tezos’ Developments
Tezos, spearheaded by Arthur and Kathleen Breitman, continues focusing on protocol improvement and NFT standards. Their governance model sees high participation, backed by institutional involvement in European digital pilots.
Avalanche’s Ambitions
Avalanche, led by Emin Gün Sirer, runs an ambitious $40M grant and $250M token sale, aiming to facilitate subnet adoption. Whale tracking and major partnerships like with Visa illustrate growing institutional commitment.
Hyperliquid’s Attraction
Hyperliquid, known for low fees and no KYC requirements, attracts creator-traders. Post-compliance crackdowns, they’ve seen TVL doubling. Their strategy mirrors dYdX’s success, capturing the decentralized trading audience.
These platforms, with robust technological frameworks and enhanced community engagement, are poised to redefine the digital creative landscape by implementing innovative solutions. Major industry shifts could transform both the regulatory environment and market ecosystems, further solidifying their positions by 2025.
