1/ This is a thread about Aptos and the early-stage projects in the Aptos ecosystem.
Thread Timeline:
Tweet 2-6: Some details and facts about Aptos.
Tweet 7-27: 20 early-stage projects on $Aptos
2/ Let's talk about Aptos,
In simple words, it's a layer 1 blockchain that is focusing mainly on the adoption part by confronting issues such as reliability, safety, and usability.
The team isn't new, you may or may not be surprised to know, that it's ...
3/ the same team that was once working on the controversial project "Diem" (Libra previously) which never saw the light of the day.
Diem was a blockchain-based stablecoin payment system, owned by "Meta" (previously Facebook).
4/ After facing regulatory pressure, Meta had to shut down the operations of the Diem project, the technology assets were later acquired by Silvergate Capital for roughly $182 million.
The ex-Meta employees who were working on the project took ...
5/ on from there and are currently developing the Aptos blockchain with a vision for "large scale adoption".
Aptos is currently in its testing phase with testnet 1 and 2 already over, the testnet phase 3 is currently in the registration phase (until Aug 25).
6/ Checkout this thread to know more about the testnet and how to participate:
Getting on to the projects that are building on the Aptos ecosystem...
Note: None of these should be taken as a piece of financial advice.
7/ 1. Martian Wallet: [ @martian_wallet ]
Martian wallet is a crypto wallet that can be used to manage digital assets and access Dapps on the Aptos blockchain.
21/ 14. Seam Money: [ @SeamMoney ]
It serves as a one-stop shop for passive DeFi users. Actively researching pools and doing due diligence can take time, so their solution reduces the steps necessary to make this happen.
23/ 16. Ultima Protocol: [ @ultimaprotocol ]
They are building a liquidity hub for Aptos.
Link: N.A
24/ 17. Hippo Labs: [ @hippolabs__ ]
They are building a trade aggregator that enables users to find the best trading rates across multiple DEXs in the Aptos ecosystem.
25/ 18.Econia: [ @EconiaLabs ]
Econia is an order book, a fundamental financial tool utilized by financial institutions like stock markets, unlike the New York Stock Exchange or the NASDAQ, Econia is open-source and decentralized.
You can complete tasks, claim NFTs, and get the airdrop.
⏰ Time taken: 10 Minutes
💰 Cost: $0
U2U Network is a DAG (Directed Acyclic Graph) based and Ethereum Virtual Machine compatible chain that leverages subnet technology for infinite scalability and focuses on DePIN.
🧵 A thread
1/
💰 They have raised almost $10M in funding rounds.
The valuation is unknown.
As this is on testnet, no funds are needed, so it might be worth a try.
2/
The tokenomics aren't official yet, but according to a leak on their Telegram, almost 200M tokens are allocated for the community airdrop.
This consists of 2% of the total supply and will be 100% unlocked at TGE.