With the “meme coin” hype blowing up I thought it’d be nice to have a bit of a refresher, & go over some of the cool projects with real use cases that are ACTUALLY being built on $ETH

All of these projects are breaking into trillion dollar industries...

Let’s begin! 🥐
1. @etherisc

With $LINK oracles, $DIP offers a simple & elegant solution to the trillion dollar insurance industry

Smart contracts automate claims, offering farmers coverage across the world

They were mentioned by the WEF for their unique use cases in a paper on digital assets
2. @AIRA_Robonomics

First a robotics team, their devs found home on $ETH for their plan to build out a network of IOT devices

$XRT has worked with Microsoft in an aim to make smart cities a reality in the 4th industrial revolution

They offer “robot as a service” technology
3. @OverlayProtocol

Built by a former NASA researcher, $OVL is a protocol which allows you to trade virtually any data stream imaginable

This may be Seattle crime rates, the weather in a particular area, or even political markets

They won 1st place in a recent $LINK hackathon
4. $USDC

One of the more obvious ones of this list is $USDC, which cannot go unmentioned

It was created by @coinbase, with a simple premise of offering a stable digital asset for use in DeFi

VISA will be accepting $USDC soon, and the market cap has exploded to nearly $25B
5. @UnlockProtocol

$UDT is a unique project expanding on the concept of an NFT further than one could ever imagine

It allows creators to make platform agnostic locks (NFTs) which unlock content upon purchase

Already, the platform has integrations with Discord, Forbes, and more
6. @Kleros_io

$PNK is a dispute resolution dapp with economic incentives

It’s like a massive crowdsourced decentralized court for $ETH

Users stake $PNK to show support for their stance on a dispute

$LINK brings off chain data on chain, $PNK does so with arbitrary data
7. @zksync

$ZKSYNC is a zero-knowledge proof roll up aiming to bring $ETH to the next level of scaling

It has EVM compatible features making deployment of smart contracts akin to $ETH

Furthermore, big players plan to offer cheaper layer two txs to users through their network
8. @UMAprotocol

$UMA, or Universal Market Access has several aspects which makes it unique to others

With their priceless contract model, DeFi developers can build synthetic assets easily

It provides access to a wide range of markets open to anyone with an internet connection
9. @kp3r_network

Keep3r network is a decentralized devops platform making smart contract automation, management, & more easier on $ETH

Users create jobs (txs) with credits, which are then awarded to keepers who execute their tasks

I like to think of this as the GitHub of $ETH
10. @EverestDotOrg

$ID is building solutions to bridge the current gap between traditional finance and DeFi

They are partnered with ID2020, which received funding from the Bill and Melinda Gates foundation, for using digital identities on the $ETH blockchain
11. @devprtcl

$DEV takes the $300B open source software industry to the next level

It allows users to tokenize their content like YouTube, Spotify, or even Medium articles

Users can stake $DEV to support the OSS project they wish, & both the patron + patreon get awarded for it
12. @daostack

$GEN is host to many DeFi protocols who use their dapp to deploy DAO’s

Alchemy is their all-in-one platform for various DAO’s to vote, discuss, & collaborate

$GEN uses a particularly interesting governance model, which measures votes in reputation
13. @Superfluid_HQ

Superfluid utilizes layer two networks on $ETH to help create programmable cash flows

This may make up of a payment, subscription, reward, or any other stream of value imaginable

Its form of real time payment offered may rival even the leaders in the field
14. @Truebitprotocol

Created by members of the $ETH team, this token mysteriously launched with big promises for scaling the network

$TRU implements game theory to offer a blockchain agnostic scaling & verification tool

With it, users can perform complex computations on $ETH
15. @reflexerfinance

$RAI is a stable asset with an embedded interest rate for use in DeFi

It is similar to $MKR, however its stable coin $RAI is not pegged to the arbitrary value of $1

$RAI is one of many reflex indexes to come, which serve to dampen volatility of assets
16. @goldfinch_fi

Goldfinch aims to decentralize the process of making loans, AND getting loans without collateral, the “missing piece” that connects CeFi with DeFi

So far they already have more than 10,000 borrowers across Mexico, Nigeria, and Asia
17. @AmpleforthOrg

$AMPL is a perfect example of just how unique projects can get with monetary policy on $ETH

They drafted the concept of an elastic supply token that adapts to the market

In other words the mcap of $AMPL is never directly changed, just the supply of the token
18. @synthetix_io

Synthetic assets on $ETH were made popular thanks to $SNX, and they have grown tremendously in use since

These synthetic assets can represent anything with a price feed with the help of $LINK oracles

$SNX allows users to trade virtually any asset
19. @soramitsu_co

$XOR was founded by a team of blockchain developers working on the Linux foundation

They have created distributed ledger technology used by the Bank of Cambodia for a digital banking app used by thousands

Furthermore, their ecosystem just became interoperable
20. @ethereanos

$BUIDL created decentralized flexible organizations which are essentially upgradeable governance protocols

DFOhub provides all the tools for deploying these dfo’s, and upgrades to any code are voted on with $BUIDL

It has since expanded into many other use cases
21. @Barn_Bridge

$BOND is a complex protocol that essentially allows users to tokenize risk

Split up into what is known as “tranches,” $BOND offers users different levels of risk to choose from to earn their yield

Investment & exposure is then made accordingly for the user
22. @rariblecom

One of the most popular #NFT platforms is that of $RARI. On the platform creators can sell digital assets represented in the form of an NFT on $ETH

The application has had over 193,000 NFT sales, with even popular celebrities beginning to use it
I’m going to cut the list short to fit in a few final thoughts here...

I firmly believe that we have not even begun to scratch the surface of what can be made on $ETH

What we are seeing is industrial tech sucking in the worlds talent at a pace we cannot even begin to comprehend
$ETH is like if the internet had a ticker, entailing the Facebook’s, Amazon’s, & Apple’s that are created with it

It just takes the right team to build something & crypto will change forever

TLDR; $ETH is undervalued & there is some incredible stuff being built on it

Enjoy! 🥐

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with croissant

croissant Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @CroissantEth

1 Jun
@elonmusk has had a big impact on crypto recently, & because some of his actions have been a bit unconventional, I was inspired to dig in a little deeper to find out what exactly his “end game” is

& what I’ve found does not disappoint.

I’ll compile all of the info below 👇🏻🥐
This story begins a short time ago after Elon made the now-infamous tweet that Tesla will accept $BTC

$BTC rallied from this news, only for the hype to be cut short by complete reversal in policy from Tesla

Tesla will NOT accept $BTC for payments, citing environmental concerns ImageImage
This action led many to wonder why, just a mere few weeks after his company invested over $1B into $BTC, would he blatantly speak negatively about it?

Surely he has a reason to do so, right?

Well after taking a look at some hints left in his tweets, that appears to be the case
Read 25 tweets
21 May
I’m very tired, but this one deserves a short thread...

This project is one of the most exciting and unique use cases I’ve seen on $ETH, & it may open up a previously untouched market worth billions.

Let’s begin! 🥐
@APWineFinance is an interesting protocol that allows you to trade unrealized yield in DeFi

The key functions of the application combine to create an ecosystem of tokenized yield across DeFi protocols that users can speculate on.

I’ll go over what this means briefly below...
EXCHANGE

@APWineFinance features an exchange which locks funds to generate tokenized futures that are unrealized yield

This aspect makes yield farming a lot more attractive to users who may wish to sell their interest at a fixed price

& it is a new way to hedge risk on $ETH 👀
Read 10 tweets
21 May
$ETH is quickly emerging as a completely new asset class proving itself to be worth potentially tens of trillions of dollars.

Short term price movement and volatility is irrelevant, the institutions and builders are here.
I’ll post an in-depth thread to fully illustrate my thoughts on $ETH & it’s future soon, but for now I’d like to point at a few resources I believe are a MUST SEE to fully grasp the bigger picture

If you have 2 hours of free time & want to take the redpill, these are for you...
A few days ago I wrote a thread covering the absolutely astonishing numbers of the $ETH network, and offered some insight as for what is yet to come.

I cover 24 key principles in detail which make $ETH unique to anything we’ve ever seen before in the financial industry
Read 7 tweets
20 May
All of my threads in one place 👇🏻
$UDT (the one that started it all)
loafeth.medium.com/unlock-protoco…
Read 20 tweets
19 May
This one is long overdue.

In this thread I will go over some info you may not of known about one of the top DEX’s in the industry, and what exactly they are about to release...

Let’s begin! 🍣
$SUSHI began with a simple premise:

LP’s on the DEX had the ability to earn protocol governance tokens in rewards, contrary to what $UNI offered at the time.

The idea quickly gained lots of traction, with a vampire attack taking over $1B worth of liquidity from $UNI in 2020
Now, the exchange is host to many advanced DeFi products & applications on $ETH, developed by the top names in the industry.

Some hints and actions from the team also led me to believe some massive news is coming very soon for $SUSHI

I’ll go over some of this info below...
Read 24 tweets
13 May
Top 10 “under the radar” projects coming out with a token soon that I am very bullish on... (in no particular order)

A thread by 🥐
1. @zksync

EVM compatible zero knowledge proof rollup leading the $ETH L2 scalability effort

Coinbase, $AAVE, CoinGecko, & $BAL were included amongst their investors who will use zkSync “to offer a low-cost alternative to L1 payments to their huge subscriber bases”

Token soon. ImageImage
2. @gelatonetwork

A bot network anyone can tap into for automation of their smart contracts

Created by @tendermint_team, @cosmos, & @gnosisPM core team members

Gelato now secures hundreds of millions in DeFi for liquidation protections, limit orders, & much more!

Token soon. ImageImage
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(