4 Hot Projects Boosting Blockchain-Based Trading, Scaling, Market Making & AI

Twitter icon  •  Published 4 месяца назад on August 12, 2024  •  Hassan Maishera

Mosaic Alpha, Zeus Network, Peanut Trade, and Qubic are currently the leading hot new projects helping to accelerate the blockchain industry’s mission to transform the way the world works.

4 Hot Projects Boosting Blockchain-Based Trading, Scaling, Market Making & AI

The crypto industry is all about progress, known for its rapid pace of innovation that only seems to accelerate as time goes by. It has come a long way from the early days of Bitcoin, which was only ever intended to be a simple, decentralized alternative to fiat money.

As blockchain technology has evolved, it has given birth to the idea of a decentralized internet that’s now known as Web3, and with that, the industry and technology it builds promises to impact almost every aspect of our lives, most especially in the digital realm. Some of the hottest developments in the industry right now can be seen in blockchain trading, architecture scaling, market making, and artificial intelligence, and so now is the perfect time to highlight some of the most promising projects making waves in those areas. 

Read more to discover what these hot new projects are up to and how they’re helping to accelerate the blockchain industry’s mission to transform the way the world works. 

1. Hottest Trading Protocol

Mosaic Alpha is striving to provide a simple, accessible, and profitable decentralized trading platform that supports traders of all levels, ranging from complete novices to the most experienced pros and institutional investors. 

It’s notably built on its own blockchain platform, Mosaic Chain, which is a part of the wider Polkadot ecosystem and optimized for financial use cases. 

What Mosaic Alpha is trying to do is to make trading more accessible, highlighting the reality that most new crypto traders lose money when they first begin, dampening their enthusiasm for remaining in the crypto business. Some of the reasons for newbie failures include making decisions based on emotion, a lack of education, and the daunting complexity of decentralized trading platforms.

Mosaic Alpha aims to fix this with its novel take on “copy trading”, which is where less experienced traders pay a small fee to copy the trades of more experienced users. With Mosaic Alpha, proven traders can create and manage “token baskets” made up of multiple cryptocurrencies they believe will perform well. Other users can pay to use these baskets for their own investments, and the creator receives a small fee as a passive income stream. However, the caveat is that token basket creators will only get this income if their baskets deliver solid returns for investors, so it provides a strong incentive for them to remain at the top of their game. 

Another aspect of Mosaic Alpha is its educational content, which includes user-created materials. By creating educational content, traders can drive traffic to their profile (where they can showcase their token baskets), increasing their visibility on the platform. 

All told, Mosaic Alpha offers something unique, combining what essentially amounts to influencer marketing with incentivized trading guidance to encourage successful traders to share their expertise and help newer users avoid some of the worst pitfalls. 

2. Hottest Scaling Protocol

One of the most exciting interoperability projects right now is Zeus Network, which is focused on streamlining interactions between two of the best blockchains in the business. It’s building a decentralized programmability layer that makes it possible for Bitcoin users to bring their BTC assets onto Solana, widely regarded as one of the fastest blockchain networks of all and home to a vibrant DeFi ecosystem. 

The creators of Zeus Network believe that Bitcoin users are crying out for more BTC utility. As everyone knows, BTC is basically useless except for payments and being a “store of value”, but despite that, it’s by far and away the most valuable cryptocurrency of all. 

Zeus wants to bring that liquidity to a Solana ecosystem that offers plenty of applications for BTC besides those two basic use cases. To do this, it has created a Layer-1 blockchain, which it describes as a programmability layer. It consists of Zeus Nodes and the Zeus Program Layer, which work together to manage transactions, execute state functions, and provide a programmable interface for building dApps that can leverage BTC. The Zeus Node does the job of facilitating peer-to-peer transactions, broadcasting and verifying them (essentially value transfer across the two blockchains), while the Solana Virtual Machine-powered programmable layer handles state functions. 

What Zeus does is connect BTC to the Solana blockchain in a bridgeless way, and it enables developers to build Bitcoin-native dApps that can leverage BTC assets at rapid speeds, as fast as Solana itself operates. 

Zeus has already built its first dApp to showcase its network. It’s called APOLLO, a cross-chain liquid staking protocol. With it, users can wrap BTC as a ZPL asset and interact with Solana’s extensive dApp ecosystem, for staking, providing liquidity, and more. It also wants to provide a way for users to bridge Bitcoin assets such as Ordinals and Runes to Solana to boost their utility, too. 

Zeus promises to be an exciting development that can really transform the utility of Bitcoin, which currently has a market cap of over $1 trillion.

3. Hottest Market Maker

Peanut Trade is an experienced market maker and proprietary fund, recognized for its expertise in token launch strategies and fair MEV market making. What distinguishes Peanut from others in the industry is its transparent and equitable profit-sharing model, where the profits generated are shared directly with their clients.

Peanut Trade’s expertise comes from a strong understanding of both the crypto market and the specific needs of its clients. Having launched their own projects, including Remme.io and Peanut NUX, the Peanut team brings firsthand experience to the table. This enables them to deliver tailored insights and strategies at every stage of the token generation events, including both pre-launch and post-launch. With advanced software, algorithmic trading capabilities, and a robust team of in-house traders, Peanut can swiftly adapt to real-time market condition & volatile environments.

Peanut is also an expert in market-making meme coins, a niche where their skills truly shine. Currently, Peanut supports 12 blockchains for market making and are expanding to include Tron. Peanut’s services extend to full-cycle token launch management, arbitrage, and market scaling, making them a comprehensive service provider in the crypto industry.

4: Blockchain’s Hottest AI Network

If there’s one trend in tech that’s hotter than blockchain and Web3 at the moment, it can only be artificial intelligence. AI is hotter than a house on fire and it’s in big demand. But there are concerns over the increasing centralization of power in the AI industry, as large language model makers like OpenAI (backed by Microsoft), and Google, and a handful of startups, such as Anthropic and Cohere, come to dominate the market. 

The danger of centralization is that all of the innovation and influence will be concentrated in the hands of a few big tech players, giving them considerable sway over the future development of AI and its use cases. 

Decentralized AI will prevent that from happening, and Qubic is leading the charge with its lightning-fast blockchain platform for open-source AI model development. 

Qubic’s decentralized AI network leverages a quorum-based computing system and a “useful proof-of-work” consensus mechanism to aggregate the resources of its network participants and make them available for model training. Whereas Bitcoin’s original proof-of-work consensus results in massive amounts of energy being wasted, Qubic’s nodes make that energy available to developers as a low-cost computing resource. 

With Qubic’s network, developers can take advantage of cloud-based processing that’s an order of magnitude more affordable than traditional cloud-based GPUs. Through Qubic’s network, node operators can contribute to AI training tasks such as data analysis, natural language processing, and image recognition, and earn QUBIC tokens as a reward for their participation. Because its network is built on a transparent blockchain, all of the knowledge Qubic accumulates can be tapped into by any AI dApp, enabling them to become smarter over time. 

Qubic has made good progress, growing its network to more than 500,000 miners. The market cap of its native QUBIC token stands at over $180 million, and it has attracted a massive community, with over 67,000 followers on X, 43,000 on Discord, and 10,000 on Telegram. 

Qubic is looking to level the playing field in the nascent AI industry, putting smaller developers on an equal footing with their counterparts at some of the biggest AI companies around. As such, it is creating a foundation for decentralized AI that will be more than a match for the centralized industry, ensuring that advances in AI benefit the whole of humanity, rather than just a few rich shareholders.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.