A quick look at the six candidate projects for the second round of the Jupiter LFG Launchpad

CN
1 year ago

Original | Odaily Planet Daily

Author | Azuma

A quick look at the six candidate projects in the second round of LFG Launchpad for Jupiter

In the early morning of April 18th, Solana's leading DEX protocol Jupiter announced the official start of the second round of voting for the LFG Launchpad. There are six candidate projects in this round, namely the LST liquidity aggregation protocol Sanctum, the idle bandwidth sharing network UpRock, the decentralized energy network Srcful, the integrated DEX project MonkeyDex, the AAA-grade game Nyan Heroes, and the on-chain reputation system Solana ID. This round of voting will end on April 21st.

Previously, on March 11th, Jupiter completed the community vote for the first round of LFG Launchpad. In the end, 175,000 voters collectively selected Zeus Network and SharkyFi as the first two projects to be launched. Among them, Zeus Network has completed its launch and has successfully landed on top exchanges such as OKX, and the launch of SharkyFi also began yesterday.

Considering Jupiter's strong brand appeal in the Solana ecosystem and the presence of several well-known projects among the candidates for the second round of Launchpad, this round of voting has also attracted a lot of attention on social media. Next, Odaily Planet Daily will quickly introduce you to the six projects in the second round of LFG Launchpad, hoping to provide assistance for your voting or trading decisions.

Sanctum: LST Liquidity Aggregation Protocol

Earlier this month, Sanctum announced the completion of its seed round extension financing, with Dragonfly as the lead investor and participation from Sequoia, Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures, and others. Although the amount of this round of financing has not been disclosed, Sanctum revealed that the total financing amount for the project has reached 6.1 million US dollars.

A quick look at the six candidate projects in the second round of LFG Launchpad for Jupiter

Sanctum aims to solve the liquidity fragmentation problem of major staking tokens (such as jitoSOL, mSOL, bSOL) within the Solana ecosystem. By creating a liquidity pool that supports multiple LST tokens (Sanctum Infinity Pool), Sanctum will build a unified liquidity layer around the staking scenario.

Users can stake SOL or other LST tokens into the Sanctum Infinity Pool and receive INF tokens representing their share of the pool. INF tokens not only automatically help users accumulate staking rewards, but can also be freely used within DeFi protocols such as Marginfi and Kamino. If users wish to withdraw, they can also redeem INF back into LST tokens or SOL at any time.

Voting application page: Sanctum LFG: building the infinite-LST future - LFG Introductions - (jupresear.ch)

Official website: https://sanctum.so

Social media account: https://twitter.com/sanctumso

UpRock: Idle Bandwidth Sharing Network

UpRock is positioned as a DePin network for sharing idle bandwidth. With UpRock, users can share their idle internet bandwidth and earn tokens, and can also convert tokens into various real-world services such as airline tickets and call time through staking. In addition, UpRock fully utilizes AI to help users understand complex crypto concepts, allowing them to use the product in a concise and efficient manner.

UpRock currently has a user base of approximately 165,000 people, with an additional approximately 10,000 users per week, and its services have reached over 3,000 cities in 168 countries.

Voting application page: Introducing UpRock! DePin for AI - Share your idle internet and earn $UPT

Official website: https://uprock.com

Social media account: https://twitter.com/uprockcom

Srcful: Decentralized Energy Network

Srcful aims to build a decentralized "virtual power plant" in the form of DePIn and use tokens to incentivize member participation, thereby accelerating and promoting the development of renewable energy.

Over the past two years, Srcful has been deploying distributed energy resources (DER) such as solar panels and home batteries in homes in multiple cities and suburbs, and then linking the devices distributed across the area to build a decentralized virtual power plant, challenging traditional energy giants.

Voting application page: Srcful - Decentralized Virtual Power Plant - LFG Introductions - (jupresear.ch)

Official website: https://srcful.io

Social media account: https://twitter.com/srcful

MonkeyDex: Integrated DEX Project

Monkey Dex is a decentralized exchange that started on Solana but has now expanded to 12 chains. Its vision is to become the most comprehensive one-stop decentralized trading solution.

In addition to spot trading services, Monkey Dex is expected to build liquidity construction contracts and copy trading features with the help of Jupiter in the future.

Voting application page: LFG Launchpad Introduction - Monkey Dex / Monkey Gold $MOGO

Official website: https://monkeydex.exchange

Social media account: https://twitter.com/monkeygodlabs

Nyan Heroes: AAA-grade Game

Nyan Heroes is a competitive shooting game and is currently one of the hottest games in the Solana ecosystem.

A quick look at the six candidate projects in the second round of LFG Launchpad for Jupiter

In 2021, Nyan Heroes announced the completion of a $2.5 million seed round financing, with lead investment from Three Arrows Capital, Mechanism Capital, and DeFiance Capital, and participation from Sino Global Capital, Infinity Ventures Capital, Solana Ventures, Skyvision Capital, Yield Guild Games, Merit Circle, as well as angel investors including Kevin Lin, co-founder of Twitch, Thomas Vu, executive producer and creative director of League of Legends, Wu Jihan, Darren Lau, and MrBlock.

In May 2022, Nyan Heroes announced a strategic financing round of $7.5 million at a valuation of $100 million, with participation from Kosmos Ventures, Sino Global Capital, Shima Capital, Petrock Capital, Morningstar Ventures, 32-bit Ventures, Crypto.com, Tess Ventures, Master Ventures, Wave7, Ancient8, Drops Ventures, Andromeda Capital, Salad Ventures, Moonchain Capital, Snackclub, Joel Madden, A$AP Lou, Arnold Poernomo, DataDash, CryptoLark, CAGYJAN, Sol Legend, and Koroush.

Nyan Heroes currently has over 220,000 active users and the game has ranked as high as ninth on the Epic Games hot list.

Voting application page: Introducing Nyan Heroes to LFG - A flagship AAA shooter on Solana - LFG Introductions - (jupresear.ch)

Official website: https://nyanheroes.com

Social media account: https://twitter.com/nyanheroes

Solana ID: On-chain Reputation System

Solana ID aims to build a decentralized identity and reputation system (DID) based on Solana.

Solana ID can provide a preliminary trust score and rating for specific addresses based on their on-chain activities, and filter and group them accordingly. At the same time, users can selectively use their off-chain identity credentials for verification, thereby enhancing the overall security of the system.

For on-chain service providers, Solana ID's data can also help them more accurately capture target customers during marketing activities, achieving cost reduction and efficiency improvement.

Voting application page: DSID 𑁍 — Makers of the one and only Solana ID ($SOLID application for LFG)

Official website: https://www.digitalsocial.id

Social media account: https://twitter.com/digitalsocialid

Voting Update

According to Jupiter's plan, the voting for the second round of LFG Launchpad will last for 72 hours and end on April 21st.

Based on the current real-time voting progress, Sanctum, backed by top VCs such as Sequoia, Solana Labs, and Jump Capital, has received support of over 60%, maintaining an almost overwhelming advantage. UpRock, a DePin project, and the blockchain game Nyan Heroes are closely following.

A quick look at the six candidate projects in the second round of LFG Launchpad for Jupiter

However, considering that the voting has just begun, it is still unknown what changes will occur in the next three days. Odaily Planet Daily will continue to accompany everyone and provide updates as soon as the final results are announced.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink