CoinList Seed latest batch project overview, DeFi and NFT still dominate.

This article is authorized and reproduced from ChainNews, with the original title ""CoinList's Latest Seed Player Overview, DeFi and NFT Still Dominant"

Most projects in the latest batch of CoinList's seed projects are still in the testing phase. Among them, the decentralized auction protocol Burnt Finance incubated by Injective Protocol and the data ecosystem Swash recently completed financing rounds of $3 million and $7 million respectively.

By Karen

Advertisement - Please scroll down for more content

This week, CoinList selected 8 out of over 500 crypto startups as the latest batch of fall seed projects. A significant trend compared to previous batches is multi-chain, such as on Solana, Terra, Polygon, or providing software solutions for Filecoin miners. Additionally, DeFi and NFTs still dominate, with 5 out of the 8 projects belonging to these categories, along with 3 for social token platforms and data infrastructure.

CoinList Seed was launched by CoinList in 2020 to help early-stage crypto startups raise initial funds and connect projects with a large number of investors. Due to its relatively fair start, wealth effect, project quality, and some projects gaining favor from well-known crypto venture capitalists after appearing on it, it has garnered significant attention. This article will introduce the current batch of CoinList seed projects.

Talent Protocol: Decentralized Talent Marketplace

Talent Protocol is a decentralized talent marketplace that allows users to issue personal tokens closely linked to their professional potential. Supporters or investors who see potential in a user's career development can invest in them. The founder and chief technology officer of Talent Protocol is also the founder of the children's coding school SHARKCODERS.

Compared to traditional employment networks, Talent Protocol is relatively fair and more inclusive, allowing for the tokenization and empowerment of users' future career potential. It helps users create a loyal community of supporters, motivating talents better and bringing talents and supporters closer together for mutual success.

Operating Model of Talent Protocol:

Therefore, users who wish to accelerate their career development and build a supportive community do not need any technical requirements to launch personal tokens to meet current funding or community needs. Users who see potential in someone's career development can purchase relevant personal tokens for investment, unlocking related benefits such as joining the user's personal Discord server or voting on their career decisions. Imagine being an early investor in the next Vitalik Buterin?

The native governance token of Talent Protocol is TAL ERC-20 standard, which plays an important role in purchasing personal tokens within the protocol's operating model, as well as in protocol governance. Talent Protocol will reward some tokens to talents and supporters who actively participate in the network.

Regarding the pricing calculation method of personal tokens, it will be determined by a joint curve Token Bonding Curves (TBC) formed by an algorithm. The more tokens in circulation, the more TAL is required to mint new tokens. Of course, Talent Protocol will have stronger incentives for early investors. Specifically, TBC acts as a smart contract for each talent token, serving as a file bag, acting as an AMM. Supporters automatically convert legal tender or other cryptocurrencies into TAL when purchasing talent tokens and lock them in the smart contract to exchange for talent tokens, thereby increasing the price of the talent tokens. When selling, they unlock their TAL from the smart contract while burning the talent tokens. Additionally, Talent Protocol does not charge platform fees from the sale, purchase, and trading of talent tokens.

Price Curve of Talent Tokens:

Swash: Data equals Income

Swash started as a browser extension in 2019 and has attracted many users. Users can unlock the potential value of data by aggregating, securely sharing, and monetizing data. Swash is expanding into a data ecosystem that is democratized, decentralized, and non-monopolistic.

The core team of Swash and advisory team include Reza Naeeni, CSO of DIA Association, Henri Pihkala, founder and CEO of Streamr, Bruce Pon, founder of Ocean Protocol, among others. Recently, Swash completed a $7 million private funding round, with investors including Outlier Ventures, Streamr, and KuCoin, among others.

Specifically, when users use Swash, their data while browsing the internet is aggregated with other users' data into a data union. When a buyer purchases data from this data union, members within the union can share the revenue, and Swash team will take a small portion. Additionally, Swash allows users to control and choose which data to share, deciding which data to share externally. On the other hand, data buyers can use this data for business decisions and research purposes. Swash currently uses Streamr's DATA token as a payment method and will introduce its governance token SWASH for payment and data transactions.

Swash Core Stack:

The data union filters out sensitive user data and aggregates other data, but the shared data is not tied to user identities. In other words, the user's unique identifier is an Ethereum address and a random anonymous identifier.

Currently, Swash is compatible with desktop versions of Firefox, Chrome, and all Chromium-based web browsers like Chromium, Microsoft Edge Insider, Brave, UC Browser, and Opera, with plans to expand to Android and iOS.

Creaticles: NFT Customization Platform

Creaticles is a customizable NFT platform that matches buyers looking for specific artworks with talented artists. It launched on the Ethereum Ropsten testnet in August this year and plans to deploy on the mainnet this quarter, with plans to launch on Polygon in the future.

On Creaticles, buyers submit NFT art requests, set reward amounts, number of reward recipients, and deadlines. Artists interested in requests submit their work after exploring the request list, with Creaticles taking a 10% commission. After becoming certified Creaticles artists, they can participate in all NFT competitions on the platform.

CRTL is the native token of Creaticles, serving various functions such as payment, rewards, staking, governance, and more.

Pawnfi: Multi-Chain Lending Platform

Pawnfi is a multi-chain collateralized lending, leasing, and trading market for non-standard assets. In addition to mainstream assets, it supports NFTs, LP tokens, low liquidity altcoins, tokenized physical assets, tokenized insurance, bonds, bills, derivatives, and other non-standard assets. Asset holders can maximize capital efficiency by initiating collateral loans (Pawn), leases (Lease), and resales (Resale).

Compared to most other trading and lending protocols, Pawnfi separates asset ownership, usage, and revenue rights. This means that asset holders can obtain loan funds, lease income, mining rewards, and other benefits without losing asset ownership.

Pawnfi launched its first internal test version in December 2020 and completed final testing of the Pawnfi EVM version in September this year. The Pawnfi EVM version initially supports ETH, BSC, Polygon, Arbitrum, and Moonbeam. Additionally, Pawnfi will launch a public beta soon.

Burnt Finance: Decentralized Auction Protocol Incubated by Injective Protocol

Burnt Finance is a decentralized auction protocol based on Solana that allows users to mint, trade, and auction various assets, including synthetic assets, NFTs, and digital assets. Users can host various types of auction events, such as English auctions, Dutch auctions, joint curve auctions, enabling artists to sell their works and new projects to raise funds through Burnt's platform.

Burnt Finance was initiated by Burnt Banksy, where famous street artist Banksy's work was minted as an NFT. It was incubated by Injective Protocol and completed a $3 million funding round in May this year, with investors including Injective Protocol, Multicoin Capital, Mechanism Capital, Alameda Research, DeFiance Capital, Spartan Group, and HashKey Capital.

The governance token of Burnt Finance is BURNT, which, in addition to governance, can be used as collateral to mint synthetic assets (bAssets) for stocks, commodities, and indices. Additionally, using BURNT to purchase NFTs offers fee discounts, among other benefits.

Tiiik: All-in-One Digital Wallet Launched by Terra

Tiiik is an all-in-one digital wallet launched by the stablecoin project Terra, offering savings, spending, and earning features. Initially available to users in Australia, Tiiik announced in August that it became a company authorized representative of the Australian Financial Services License (AFSL) holder and opened to wholesale investors in Australia, with plans to roll out to retail investors later.

Regarding Tiiik's platform operation, when users deposit funds into Tiiik, Tiiik collaborates with regulated financial partners to convert these funds into stablecoins and transfer them to third-party custodian partners. Tiiik takes a small portion of the user's earnings. Additionally, in April this year, Terraform Labs co-founder Do Kwon announced on Twitter that the service would provide a 20% programmable yield.

CID gravity: Filecoin Mining Business Pricing Solution

CID gravity primarily provides software solutions for Filecoin mining businesses, offering customizable pricing and customer management services for miners. Miners can deploy this solution within minutes to create tailored pricing models for their customers, linking specific exceptions and pricing models to one or a group of customers.

Masa: Decentralized Credit Protocol

Masa is a decentralized credit protocol and unsecured loan protocol that began closed testing for some users in August and is scheduled for public release in October. The V1 version will enable personal financial fund management dashboards for CeFi and DeFi accounts, decentralized credit scoring, and unsecured USDC loans. The credit scoring system connects user's financial data with their traditional credit reports, and unsecured USDC loans are achieved through the Automated Lending Pool (ALP).

Investors or institutions can collateralize USDC assets for unsecured lending in the ALP, acting as liquidity providers to earn USDC interest and receive CORN Masa protocol token mining rewards. The Masa platform also includes two roles: Backstop Liquidity Providers (BLP) and Validation Node Operators. BLP purchases delinquent or default debts from the ALP and collects debts from borrowers through traditional off-chain collection processes via Masa's Collections API. Validation Node Operators stake CORN tokens to provide real-time financial data feeds to the ALP to facilitate unsecured lending.

Additionally, Masa will soon support NFT collateralized loans upon its official launch, collaborating with creators to allow users to borrow against NFTs as collateral.