FirstBlood is a decentralized eSports protocol based on Ethereum that allows users to compete against each other in popular online games (e.g. DOTA2) for rewards. FirstBlood utilizes an Ethereum smart contract that acts as escrow for tournament funds. It uses oracle-like entities called Witnesses to process game results and initiate transfers. Its native 1ST token allows users to play matches, become a Witness for games, vote on juries, host tournaments, and claim rewards from referrals. Many different types of tournaments can be created using the FirstBlood platform and the project appears to have created a set schedule for its tournaments.
Melonport is a private company that is building the open source Melon protocol, which hopes to enable decentralized digital asset management on the Ethereum blockchain. The protocol will support the trading of different tokens and will enable users to set up their own portfolio structures, manage digital assets with pre-defined parameters, invest in other portfolios, have others invest in theirs, and build an auditable visible track record for regulatory compliance purposes. The team has strong technical and finance experience and is advised by Dr. Gavin Wood (former CTO of Ethereum), Dr. Andreas Glarner (Partner at MME Legal) and Jeahan Chu (Managing Partner at Kenetic Capital).
Mysterium is a project that is attempting to create a decentralized marketplace where participants can rent their unused VPN bandwidth or purchase VPN bandwidth from other users. It aims to be a fully decentralized, P2P and server-less VPN node network that provides privacy to its users and financial incentives to its node operators. Once launched, the project claims that there will be several types of VPN services available. IP tunneling and Socks proxy style services are expected to be the first to be implemented.
Etheroll is a dice game written as an Ethereum smart contract that is provably random, cryptographically secure, and provides Etheroll with a 1% house edge. Players send Ether (the bet) to Etheroll and bet that the number they chose will be greater than the number rolled by a 100-sided dice. Etheroll collects 1% of the payout to winning players as its source of revenue and the only other “fee” is the Ethereum gas charge. Holders of the native DICE token are entitled to vote on proposals from the Etheroll team and collectively they receive 100% of the profits earned from the game (the “Reward”). The Reward is paid-out during a 7-day “Rewards Period,” during which DICE tokens are frozen and non-transferable. To claim the Reward, holders must hold the tokens with their own private keys (i.e. not on an exchange) and connect to the Etheroll website using an Ethereum enabled browser (e.g. Mist, MetaMask) during the Rewards Period. During the 1st Rewards Period (August 7, 2017 – August 14, 2017), 1,400 ETH was available to DICE holders and more than 90% was claimed.
Edgeless is a decentralized casino protocol that plans to offer blackjack, dice, poker and sports betting games. The games will have a 0% edge for the house, meaning that players who play the game perfectly can be guaranteed a 50% chance of winning. Each month, 60% of profits are sent to the Edgeless team for development and 40% is sent to the “Edgeless Lounge” prize pool, a lottery style game where EDGE tokens lost during normal play are used to gain entry. Edgeless lost 26,793 ETH because of the Parity wallet hack but the developers believe it will only cause a slight delay in the platform’s rollout. In December 2017, Edgeless received a gambling license from Curacao, which is one of the easiest jurisdictions to obtain a gambling license. In January 2018, the casino was opened to the public.
Numerai is a decentralized hedge fund that crowdsources its quantitative analytics by using its native Numeraire token. Any data scientist can contribute to the fund by applying a predictive data model to a predetermined dataset, which could be anything from crop production rates, to sales numbers, to the price of gold. Data scientists submit their predictions to the platform and compete against each other in weekly tournaments. The accuracy of each model is quantified and ranked without data scientists having to share their actual models. After submitting their predictions, data scientists stake a number of Numeraire proportionate to their confidence level. If a prediction is proven incorrect, the Numeraire staked is retired by the protocol, deflating the total supply of tokens. If a prediction is proven accurate, the data scientist is rewarded with Ether. Numerai uses these predictions for its meta-model, which produces actionable trading ideas. Numeraire token holders do not share in any profits made by Numerai. The fund is led by Richard Craib, a former hedge fund quant featured on the Forbes “30 under 30” list.
MobileGo is a token used to gamify the GameCredits mobile platform by incentivizing loyalty and participation through rewards, such as coupons, free entry into tournaments and private beta testing of new games. There is a relationship between MobileGo and GameCredits in that many team members work on both projects and the funds raised from the MobileGo issuance will in part be used to fund the marketing and branding of the GameCredits platform. The goal is that success of that platform could lead to a large gamification platform, thereby increasing the value of MobileGo. GameCredits is a Proof of Work Scrypt token and the team believed that the gaming industry also needed a smart contract solution, which is what led to MobileGo. It is the first token to be simultaneously issued on both the Ethereum and Waves blockchains. Using a new technology comprised of a web interface, locked wallets and smart contracts on the Ethereum side, MobileGo is interchangeable between the two blockchains.
Humaniq characterizes itself as a humanitarian project targeting the unbanked; those not served by a bank or similar financial institution, and the underbanked; those with poor access to mainstream financial services. Its core components are an Ethereum-based mobile wallet and token, as well as a digital identity service that aims to assist distressed countries by providing an alternative to a national currency and identification system. It employs face and voice recognition to verify user accounts and allows users to instantly transact on their mobile devices.
district0x is a cooperative of decentralized marketplaces and communities built on top of the Ethereum network. Districts, in the context of 0x, are decentralized entities that exist as Ethereum smart contracts and serve a specific community. Etherlance, for example, is a moderately popular job listing service for Ethereum professionals that exists as a district0x community. Such organizations can be built using d0xINFRA, an open source framework comprised of a smart contract library and powered by the Inter Planetary File System, or IPFS. The purpose of the district0x Network Token (DNT) is to allow for the participation and coordination of all members of network through a set of network governance tools. Improvement proposals, such as improving the district’s website, can be proposed by staking 1000 DNT. Participants in that district must then vote on the proposal by using their DNT tokens, and any user can challenge a proposal by staking the same amount. The framework for these governance tools is provided by the Aragon project, which specializes in protocol governance solutions.
Civic is an Ethereum-based identity management platform that compensates third parties, such as financial institutions, government entities, service providers, and individuals for performing online identity verification services. The project aspires to ease Anti-Money Laundering (AML) and Know-Your-Customer (KYC) compliance through an Ethereum smart contract . Civic was founded by Vinny Lingham, a South African entrepreneur who gained fame as one of the “sharks” on South Africa’s Shark Tank. Civic has secured several strategic partnerships with large organizations that plan to integrate Civic’s online verification technology. These organizations include, Augmentors, Bayonet Technologies, Bankcoin.global, BnkToTheFuture, BitGo, C.O.S.S., Doc.ai, Injii, Jaxx, Keynua, Lykke, Propy, REIDAO, ShapeShift, RSK, StockTwits, SweepSouth, TokenMarket, Turo, Inc., WikiHow, Xapo and Yola.
adToken is a ConsenSys-backed, ERC20 token designed to prevent fraud in the digital advertising industry. Ad sellers are often paid on a cost per mile (“CPM”) basis, where the number of impressions an ad receives directly affects the seller’s profitability. This model at times can be perverse, as sellers in the bottom of the supply chain are economically incentivized to knowingly serve ads to bots. adToken attempts to bring transparency to supply chains through its adChain registry system; a smart contract that stores domain names determined to be non-fraudulent by ADT token holders. The ADT token incentivizes holders to maintain the integrity of the adChain registry by voting publishers in or out of the registry based on the merits of these publishers. This enables advertisers to have a curated list of non-fraudulent publishers who are certified by the adChain user network (i.e. a "decentralized whitelist for digital advertising"). Twenty percent (200,000,000 ADT) of the total supply of adTokens will be locked-up for one year by the development teams at ConsenSys and MetaXchain. The full release of the adChain Registry voting protocol is scheduled for February 2019. In January 2018, the project performed a beta test with 250 participants on Ethereum’s Rinkeby testnet and it is expected to have a release candidate by Q1 2019.
iExec is an open source, blockchain-based platform that enables Decentralized Ethereum Applications, or Dapps, to access off-chain cloud services. The purpose of the RLC token is to facilitate payment between cloud service providers and the smart contract powering the Dapp. The iExec protocol also aims to automatically match smart contract developers with providers, such as AWS or Microsoft Azure. It was developed under the premise that developer demand for cloud services will outpace what can be provided by existing projects, such as Golem, Sia or Stor.j. The project raised $12M in its 6-hour token sale in April 2017, making it the 5th largest at the time. The iExec project joined the Enterprise Ethereum Alliance in June 2017.
Status is a mobile Ethereum client that enables smartphones to interact with smart contracts on the Ethereum network. The platform also features a full-service messaging system where users can send their locations, audio files and images, in addition to Ethereum and other Ethereum-based tokens. Status aims to act as a gateway to the mobile versions of many existing Decentralized Applications. Its alpha version is available on both Android and iOS, and Status already supports uPort, Gnosis, Oasis Exchange, Ethlance, Aragon, Etherisc and Ujo. Since it is open source, Status enables any Ethereum application to be listed in its app. After the departure of Dr. Gavin Wood from the Ethereum foundation, the Status team took over the development of the Whisper protocol; an on-chain messaging system that features end-to-end encryption. The team is led by Jarrad Hope, and its advisors include Luis Cuende and Jorge Izquierdo, the founders of the Aragon project. Status investors include Bo Shen of Fenbushi Capital.
TenX is a tokenized wallet system that aims to leverage existing payment technologies to make digital tokens spendable anywhere. It proposes a debit card system that is connected to a user’s TenX wallet, thereby enabling digital tokens to be used through existing payment rails, such as MasterCard and Visa. The proposed debit card will not carry annual fees, spending fees, or exchange fees. TenX holders will share 0.5% of every transaction, which is paid in Ethereum, and is collected from merchants as part of a revenue sharing agreement with credit card partners. Debit card holders will receive a 0.1% reward for every transaction they make. Debit card users are also able to adjust the rules governing their accounts, such as spending and withdraw limits. The TenX wallet supports Bitcoin, Dash, Ethereum and ERC20 tokens. The project is backed by Fenbushi Capital, a Blockchain-focused VC, and was initially conceived at PayPal’s incubator.
Populous is a project built on the Ethereum blockchain that attempts to allow small and medium sized enterprises to sell outstanding account receivables at a discount to advance future cash flows. The project positions itself as a liquidity provider to companies on the brink of bankruptcy, and an alternative to credit markets. Populous intends to analyze and assess risks related to its users by looking at metrics such as the Altman’s Z-score, which looks at the probability of bankruptcy based on a variety of accounting metrics. This data is used to perform an “in-depth credit risk analysis on targeted potential borrowers, linked companies, and their customers.” There has been no evidence of actual use of the protocol, and the token’s Github repository only has code that pertains to token itself.
Metal is a mobile currency-conversion and payments platform built on the Ethereum blockchain. Through a user-friendly interface like Venmo, PayPal, or Square, Metal attempts to ease some of the frictions of making online payments using cryptocurrencies. Its app also enables peer-to-peer transfers of fiat currencies and digital tokens. The MTL token acts as a reward mechanism as users are awarded MTL tokens for platform engagement. The Metal platform is currently in the beta stage of development. The team is led by Marshall Hayner, the former CEO of Trees, advised by Bram Cohen, the creator of BitTorrent, and backed by Erik Voorhees, a cryptocurrency investor and the founder of ShapeShift.
Golem is a platform for distributed computation that leverages the Ethereum network to provide a global marketplace for computing power. The project launched a token sale in November 2016 and raised $8.6M; the third most successful ICO at the time. Golem aspires to enable computational tasks to be processed across a network of computers in parallel, with the goal of increasing the processing speed of standard computing tasks. It also attempts to enable average users to receive passive income by renting their computer when it is not in use. Golem Brass, which is the project’s alpha version, is currently being tested, and focusses on a single use case: rendering computer-generated imagery (CGI). It uses the same concept of parallel computation to distribute the processing of common renderers across the Golem test network. There is no specific date for the mainnet launch, but the project’s beta is currently in development.
ICONOMI is an Ethereum-based project that offers tokenized index funds. The Slovenia-based project characterizes itself as “one of the most appealing business proposals of 2016 with its high probability of investment multiplication.” ICONOMI also promises "low volatility with high profits" through three product offerings. The first, ICONOMI.INDEX, will include tokens, such as Bitcoin, Ethereum, Lisk and Steem. The second, ICONOMI.PERFORMANCE FUND, will be an actively managed fund that "will aim at high performance - multiplication of investment." The third, ICONOMI Open Fund Management (OFM), is a platform that enables users to create their own actively managed investment funds. In May 2017, ICONOMI announced a token buyback program.
FunFair is an online gaming platform where developers can create customized casino games. The platform opens an off-chain "Fate Channel" for the duration of the game session, which then relays the results of the gameplay back to the Ethereum blockchain once it is over. Its native FUN token is the primary medium for interacting with the platform. Users make wagers, game makers and affiliates get paid, and operators receive profits in the form of FUN.