Crypto Community Adapts to New Policies and Projects
The crypto world initially welcomed President Trump’s anti-regulatory stance. However, the trade war and fewer rate cuts unsettled the stock market. Despite these challenges,DeFi developers are launching exciting projects.
One such project is time.fun, a Solana-based platform launched in February. it allows fans to buy time with their favorite creators.Creators set profiles in various categories like music, influencers, and athletes. In just one month,the platform has seen $191M in trading volume and onboarded 200 creators. Some creators have earned at least $1k in revenue, and $300K has been donated to nonprofits.
Creators list their work samples and set prices for their time in dollars per minute.Fans can buy this time for chats, calls, or auctions. Time.Fun also connects users with Solana team members.
Ethos is another noteworthy platform. It measures the credibility of web3 platforms using crowdsourced information. Users can share their experiences, and platforms earn credibility scores through thumbs up or down.Depositing and staking ETH can boost a user’s reputation.
3DNS is an Ethereum-based domain registration platform. It supports over 400 domains as ERC-721 tokens. Users can manage these domains through their crypto wallets, enhancing security.
Cortex protocol is an AI-driven DeFi platform. It allows users to swap ETH for $HYPE or Cortex (CX) for Synapse (SYN). The Cortex Agent can answer questions, interpret code, and earn via DeFi. The CX token serves as a governance token.
Wayfinder: Pioneering AI-Driven Cross-Chain Transactions
Wayfinder is a new AI platform that simplifies cross-chain transactions and smart contracts. It’s like having a personal AI assistant on the blockchain. Users need tokens to ensure the accuracy of their data. Other users then validate this data for a fee. Once verified, everyone can access and use the new information.The creator earns rewards each time their data is used.
Jesse, a Base builder, recently showcased Wayfinder’s capabilities. he created a fun onchain quest where participants can win 0.008453 ETH. To join, visit basebatches.xyz and complete a specific sentence. This example highlights how Wayfinder is transforming crypto wallets into versatile finance platforms.
Ethereum and Bitcoin: Continuous Evolution
Ethereum is gearing up for the Pectra upgrade in May. This update will bring the platform closer to launching it’s sharding system,addressing scalability issues. Ethereum will use hybrid-proof finality for instant transactions verified through multiple layers of rollups. This will increase transaction speed and reduce fees.
Meanwhile, 0xbow.io has launched Privacy Pools, allowing Ethereum users to maintain privacy while complying with regulations.Users can deposit up to 1 ETH and withdraw privately if their wallet passes screening. This feature balances privacy and compliance, crucial after recent crypto attacks.
Bitcoin isn’t lagging either. Companies like Lombard and Babylon Labs have introduced Bitcoin staking via the BABY token. This innovation brings Bitcoin into the DeFi sector. Other projects like Xverse and Build On Bob are also enhancing Bitcoin’s functionality.
Despite market challenges, these innovations make crypto more accessible, driving broader adoption.
