Ten large potential areas: rationale, data and representation projects

2026/06/21 01:29
🌐en
Ten large potential areas: rationale, data and representation projects

By Pink Brains

Photo by Felix, PANews

original link: https://www.panewslab.com/zh/articles/019ea5fd-d25b-705d-a93c-0d4d0731231b

Statement: For the purpose of reproduction, readers can obtain more information by linking to the original language. If the author has any objection to the reproduction, please contact us and we will proceed with the modifications requested by the author. Reproduction for information-sharing purposes only does not constitute any investment proposal and does not represent the views and positions of Wu。

Most of them will never recover the 2021 height. Most of the newly issued tokens will also remain below the issue price. Capital is far more selective and cruel than in the past。

It is no longer enough to talk. Products need users, tokens need demand and value capture, and growth must be quantifiable. Some plates will continue to have a multiplier effect, while others will disappear。

Here are 10 areas of encryption that are expected to grow in the second half of 2026。

1. Agency finance

The "AI Agent" label was severely damaged in the first quarter of 2026, with a general drop of 80 to 90 per cent, but the drop was selective. The name “AI” with no practical use has completely collapsed, while projects with actual usage have remained stable or even increased. The threshold in this area lies in the use of proof, not in brand effects。

The key shift is that money now goes to agents who can operate, not robots who only talk。

Reasons for the increase in the second half of the year:

DESPITE THE ADJUSTMENT, THE SIZE OF THE WHOLE AI ENCRYPTION FIELD HAS INCREASED BY ABOUT THREE TIMES, FROM ABOUT $9 BILLION IN EARLY 2025 TO ABOUT $22-27 BILLION IN MAY 2026。

The key to the breakthrough is infrastructure:

Wallet standards such as EIP-7702 and Base's AgentKit now give trading powers (signature and possession without revealing private keys) to proxy sessions, a technological breakthrough to transform “chat robots” into “implementers”。

New open source models, such as Kimi, DeepSeek or Qwen, have cheaper reasoning costs, making large-scale operating agents viable。

Frames such as OpenClaw, Hermes Skills and MCP enable proxy or AI chats to access memory, tools, applications and workflows。

the encrypted market operates 24 hours a day, and humans cannot keep an eye on the disk, but agents can. the future direction is an automated implementation based on intent to replace manual transactions。

Projects:

Hey Anon: An AI agent with original skills across 18 networks, more than 360 MCP and 25 DeFi/CEX protocols; spot and leverage transactions can be carried out through hints。

Wayfinder Foundation: Automation of strategies based on language and emotions, autonomously handling cross-chain transactions and smart contract operations。

Bankr: a DeFi terminal where a set of inter-chain switching and automation strategies are integrated。

Surf: A collection of research and implementation intelligence assistants combining market analysis and automated trading。

Ethy AI: An autonomous assistant who can carry out transactions, pledge, gain, transfer transfers through smart wallets; an expert running the Alpha strategy。

Minara AI: Personal agent who can trade shares, bulk commodities, encrypted currency and Pre-IPO shares in Hyperliquid and Lighter。

Cod3x: Event-driven trading engine equipped with updated algorithm strategies。

Syndata: Prognostic intelligence for stocks/encrypted currency/large commodities。

Beep: AgentFi Agreement, equipped with supporting tools for forecasting markets, distribution of proceeds and automatic transactions。

Hey Sorin.AI: Research / transactional aids with desktop applications and custom alarms provided by Saha AI。

Byreal: Native Agent DEX on the Solana platform. Byreal Perps Skills provides an automatic trading strategy for agents。

Zyfai: A proxy for profit farming across more than 38 mobile pools achieves optimal risk-adjusted benefits。

Fere AI: AI assistant for cross-chain transactions, Meme currency transactions, forecast market transactions and DeFi transactions

Auto: Trade assistant for spot, renewal contracts and forecast markets。

Giza: Autonomous financial intelligence, continuously assessing markets and executing transactions on behalf of users。

INFINIT: AI x DeFi Integrated Application. Research, creation and implementation of financial intentions using AI。

TrueNorth: First brokering platform to help users build exclusive professional trading platforms。

Co-Invest: Transactions directly through ChatGPT and Claude and through Liquid. The trading terminal brought together platforms such as Hyperliquid, Solana and Polymarket。

Senpi: Hyperliquid proxy. Pre-built OpenClaw transaction policy - portable to Claude Code, OpenAI Codex, GitHub Copilot, Cursor, etc。

Read about:Shawwind Hong Kong Web3 Speech: The final result of AI Agent is AI + block chain + privacy calculation

2. ENCRYPTION INFRASTRUCTURE FOR AI AND PHYSICAL AI

This type of infrastructure falls into the “dry” category and, because of its measurable value, has performed better than proxy coins in the first quarter。

By the beginning of 2026, the market value of DePIN had increased by 25 per cent to about $9.4 billion, while the leading DePIN network had generated about $150 million in chain income in January 2026 alone. Consumers are paying for storage, computing and data. The focus of the discussion has shifted from “AI” to “calculating utilization” and “comparison cost versus AWS”, which are the key indicators。

At the same time, demand drives development at all levels. In terms of power, the supply of GPU is still scarce. Render has access to the NVIDIA Blackwell (B200) chip, with an income of about $38 million on the monthly chain; Bittensor recorded an AI service income on the chain of about $43 million in the first quarter and has reached a scarce stage after halving. In the field of agents, Virtuals has established the issuance/realization of agents as one of the strongest sources of income in this field. In physics AI, capital in the field of human robots and robots is flowing through the chain (Morgan Stanley predicts that by 2050, the human robots market will reach trillions of dollars). A pragmatic buy-back mechanism (Render, Projective) provides these tokens with a more solid base than simply releasing them。

Reasons for the increase in the second half of the year:

GPU DEMAND STILL EXCEEDS SUPPLY. DECENTRIZATION IS A RELIABLE SECONDARY MARKET。

  • Render has access to the NVIDIA Blackwell (B200) platform and has published a monthly chain revenue of approximately $38 million (January 2026)。
  • Bittensor reported that AI revenue from its chain of services in the first quarter of 2026 was approximately $43 million and that it had gone through a period of halving at the end of 2025, entering a period of scarcity。

AS AI AGENCY CAPACITY INCREASES, THE UNDERLYING INFRASTRUCTURE THAT SUSTAINS THEM BECOMES MORE VALUABLE. MORE AGENTS MEAN GREATER DEMAND FOR DATA, CALCULATIONS, OPEN-SOURCE MODELS, LOWER-COST REASONING AND SYSTEMS TO CONNECT AGENTS TO APPLICATIONS AND MARKETS. IF AI CONTINUES TO GROW, THE DATA AND COMPUTATIONAL LEVELS WILL GENERATE STRONG MOMENTUM。

Projects:

Venice: Private, uncensored artificial intelligence reasoning。

Open and endor Foundation: A network of motivations and data. More than one professional sub-network competes for reasoning, training and data and is rewarded with $TAO coins。

Virtuals Protocol: Creation / Disbursement protocol for proxy and physical AI; one of the most profitable projects in the same category。

OpenMind: A software stack for robots / physical AI。

Fabric Foundation: Research for smart machines and public product infrastructure。

Grass: De-centre network data capture network for AI training。

Lockchain: lightweight certificate / verifiable calculation。

The Rinder Network: distributed GPU render + AI reasoning; profit support meets Blackwell standards。

Akash Network: Go to the central computer market。

Allora: Self-improvement of a decentralised reasoning network。

KITE AI: AGENT PAYMENT / IDENTIFICATION INFRASTRUCTURE。

Targon: Bittensor SN4; calculations and verifiable reasoning using the confidential GPU of Intel TEE。

Dolphin: Development of non-reviewed models and distributed reasoning. Work with Vince. Hugging Face downloads more than 5 million times a month。

Chutes: Bittensor SN64; provides server-free “on-call” model hosting at a much lower cost than AWS。

peaq: L1 for DePIN and machine economy; identity and payment for networked equipment。

OpenServ: Agent infrastructure for enterprises, government and the autonomous economy。

XMAQUINA: PROVIDING CAPITAL MARKETS FOR HUMAN ROBOTICS AND PHYSICS THROUGH $DEUS

OpenGradient: Open Smart L1 with authentication of AI workflow, persistent memory and all user data。

Read about:The robot's "ChatGPT Time": AI goes to the physical world and the chain accelerates the machine economy

3. Forecasting markets

This is one of the best examples in the field of encryption of “using better narratives”。

By mid-2025, the monthly volume of transactions in this area was less than $5 billion, while by May 2026 the volume had soared to about $28.4 billion, a record high. Kalshi traded more than Polymarket in 2026, while Polymarket remained ahead of users (over 67.78 million independent users in April, and Kalshi had a much smaller user base than Polymarket). The number of open contracts in this area has exceeded $1 billion, with two giants accounting for about 98 per cent of the market。

Reasons for the increase in the second half of the year:

Regulatory barriers have largely been removed. The United States Commodity Futures Trading Commission (CFTC) withdrew the proposed restrictive rules and sent Polymarket a letter of no action, paving the way for its return to the United States market; the Intercontinental Exchange/New York Stock Exchange (ICE/NYSE) announced strategic investments of up to $2 billion for Polymark, valued at $8 billion。

THE 2026 WORLD CUP ALONE IS LIKELY TO RESULT IN TRANSACTIONS OF ABOUT $2.5 BILLION. SPORTS EVENTS HAVE BECOME ENGINES OF TRADE GROWTH. WHEN BITCOIN FELL BY $67,000, THE TWO MAIN ENCRYPTION TRADING PLATFORMS WERE AT AN ALL-TIME HIGH: A TWO-DOLLAR CONTRACT WITH A DOWNSIDE CEILING ATTRACTED TRADERS WHO AVOIDED LIQUIDATION RISKS. THE SPECULATION AROUND THE ISSUANCE OF TOKENS OR IPOS HAS ADDED A NEW CATALYST TO THEM。

Projects:

Polymarket: The largest user encryption primary forecast market; re-engineered the blending engine, introduced a new collateral token (Polymark USD) and performed most strongly in the political / encryption / emergency field。

Kalshi: Under the supervision of CFTC in the United States, currently trades are leading; they dominate sports and macro-contracts; they have strong institutional support for the market。

Hyperliquid: Inline in the chain in the Hyperliquid technology warehouse。

Limited: The largest forecast market on the Base platform。

Rain, Opinion: A chain prediction platform provided on Arbitrum and BNB Chain, and an attempt is being made to monetize the market。

Read about:a16z: what is the forecast of market importance

4. Perp DEX

Perp DEX's original transaction has fallen from its peak in October 2025. As of April 2026, 30 days of transactions amounted to approximately $62.9 billion, so the overall trend is mixed。

BUT THE RWA TRADING PLATFORM IS THE BRIGHT SPOT。

Hyperliquid's share increased in March to about 44 per cent of all sustainable DEX transactions, the only major trading platform where shares increased during market contraction. Its RWA unsettled contract reached a record of approximately $2.65 billion in May, doubling in two months。

Reasons for the increase in the second half of the year:

Emerging trading platforms, such as TradeXYZ and Ventuals, are moving towards HIP-3, while mainstream exchanges, such as Coinbase and Binance, are exploring chain markets for Pre-IPO stocks, stock fingers, bulk commodities and foreign exchange。

One of the greatest advantages of encrypted currency is that it is open 24/7. When geopolitical events affect gold, oil or foreign exchange prices on weekends, encrypted money traders can react immediately, while traditional markets are closed。

After Lighter finished TGE, the market's attention has shifted to the EdgeX and Varial next generation deal。

Competition today is no longer limited to providing more leverage. Teams are developing differences through collateral models, speed of implementation and access to unique markets。

Projects:

Hyperliquid: has the deepest chain order book; BTC/ETH transaction slide point is less than 1 basis; and RWA leader of the contract for sustainability。

Lighter: High Performance Sustainability Contract DEX; became the leading platform for market share of RWA derivatives at the beginning of 2026。

Varinational: RFQ contract with refunds in loss. 50 million dollars was raised to introduce more than 100 RWA markets。

Ostium: DEX (54 or more transactions against commodities, foreign exchange, indices, equities) focused on synthesizing RWA; monthly transactions of approximately $6 billion, of which approximately 97 per cent are non-encrypted currency transactions and the trading platform Arbitrum。

edgeX: Continued DEX for privacy priority; DEX for the former TGE with the highest earnings。

Grvt: ZK validium L3; CLOB contract for sustainability focused on privacy。

The opportunity lies not only in the place of the transaction itself, but also in the interface on it. Phantom, Insilico Terminal, Based, Tread.fi, Liquid, Pear Protocol, Banana Gun, GMGN.Ai, etc. obtains transaction flows by enhancing user experience, adding new functions or expanding distribution channels。

Read about:What is the new power of Perp DEX

5. Chained treasury

Treasuryization has become the main way to reap the benefits of the chain。

The total value of DeFI lending is currently around $75-80 billion (April 2026), up from about $50 billion at the beginning of 2025. Morpho is the windbender in this field, whose TVL has already surpassed $10 billion, where the Curaed-Vault system has taken the lead, and USDC supply has an annualized rate of return (APY) of about 4-7 per cent。

The select treasury is now similar to the asset management: users select the selected agency risk model on a non-molecular basis。

Reasons for the increase in the second half of the year:

The chain-based treasury continues to grow, as most users want investment opportunities rather than transaction execution. Without having to deal proactively, users can allocate funds to experienced traders or automation strategies, thus generating passive returns。

Agency acceptance of DeFi products is also increasing as a result of transparent performance, real-time reporting and open historical records. With the maturity of the encrypted currency, the chain treasury is becoming the “asset management” of the encrypted currency。

Projects:

Spark: revenue management for Sky (former MakerDAO); one of the largest deposit-based treasury platforms, totalling $2.2 billion。

Fluid: Instadapp’s Unified Liquidity Level (Intelligence Mortgage/Intelligence Debt); Deposits of approximately $2.8 billion, in support of JeupLend on Solana。

Concrete: Multi-strategy and automated returns/risk bank。

Upshift: Multi-Tactical Treasury Providers, providing institutional-level treasurys for Earn, RWA, PayFi and other platforms such as Hyperliquid, Flare, Stellar。

Veda: Mainstream Treasury Standards (BuringVault), with a total TVL total of about US$ 35 - 4 billion, supported by EtherFi Liquid and Kraken DeFi Earn。

Steakhouse Financial: Top Morpho Schemer (Coinbase USDC Treasury); sound style and high volume TVL。

Setora: Total TVL is about $2 billion, the largest public asset hosting platform; partners include Kraken, Upshift and Morpho。

Gantlet: a risk management firm is transformed into an active asset hosting platform; quantitative parameter selection across asset types is provided。

K3 Capital: Benefits and credit products for enterprise-level DeFi assets and risk management, e.g. Euler x Plasma, SBOLD policy based on Liquity。

Read about:DeFi Treasury 2026 Annual Report:8 Grand Prix, who's rising and who's losing

6. DeFi supported by RWA

The most structural advantage in the market is now the block. At a time when most vertical areas are shrinking, the plate is growing in reverse。

As of April 2026, the total value of monetization RWA amounted to approximately $27.65 billion, consisting mainly of United States Treasury bonds, bulk commodities and asset-supported credit. Despite its small size (approximately $941 million), monetized equities grew by about 86 per cent in one month. With the re-evaluation of the market, Ondo increased by 23 per cent a day in May。

Reasons for growth in the second half of the year:

Regulatory channels are gradually being improved: WisdomTree ' s monetized money market fund has been approved by the US SEC to conduct round-the-clock transactions and use USDC as an instant settlement. Private credit has grown by approximately 180 per cent over the same period. The use of chain-based monetization RWA agreements (loaning with RWA as collateral, trading proceeds) has been significantly enhanced。

IT NEEDS TO BE NOTED THAT SOME GOVERNANCE TOKENS (E.G. ONDO) STILL HAVE VALUE CAPTURE LAGS. THEY ARE RESPONSIBLE ONLY FOR GOVERNANCE AND ARE CURRENTLY UNABLE TO DIRECTLY DISTRIBUTE THE CASH FLOW OF THE AGREEMENT。

Projects:

Ondo Finance: The largest supplier of monetized national debt and monetized stock (OUSG, USDY yields about 4.5-5 per cent); TVL over $2.5 billion; accounts for about 60 per cent of the monetized stock market. Supports sustainable contracts that combine DeFi and RWA。

Sky: Holds more than $2 billion in RWA collateral to support its stabilization currency; the largest proxy asset, DeFi, is used by users。

Maple: Private lending/lending in the institutional chain。

Aave: Aave focused on the RWA institutional market。

Morpho: Separated from the market and increasingly used for RWA mortgages and institutional credit。

Pendle: Decoupling of proceeds (approximately $3.5 billion across the chain); breaking of RWA/receiving assets into principal and proceeds。

Midas: A monetized RWA tool for households in the diaspora。

xStocks: / ETF in combination with DeFi。

OnRe: Linked RWA structured product。

Read about:The period of transformation of DeFi collateral, exploring RWA into DeFi to combine new infrastructure

Encryption privacy

The most prominent price performance in the last cycle was Zcash, which surged around 86 per cent in the fourth quarter of 2025 and maintained trading prices around $520-600 in 2026; Monero and other encrypted currencies followed closely。

Grayscale ' s fourth quarter report states that, although the overall rate of return on encrypted money was negative, the private currency performed better than all other encrypted currency blocks and applied for the issuance of ZEC spot ETF。

But the perception of the currency of privacy is changing from “the currency of privacy = a tool to avoid regulation” to “the privacy = a critical infrastructure for compliance with commercial confidentiality”。

Reasons for the increase in the second half of the year:

Two structural drivers。

FIRST, SURVEILLANCE CAPACITY HAS BEEN IMPROVED. WITH THE IMPROVEMENT OF DE-ANONYMIZATION TOOLS BASED ON MACHINE LEARNING, CONFUSION-BASED PRIVACY PROTECTION HAS DECREASED, THUS INCREASING THE NEED FOR STRONGER ENCRYPTION PRIVACY PROTECTION (E.G. ZK)。

Second, coverage is on the rise, not just for purely financial purposes:

The Zcash shield has reached about 59% supply after the wallet sets privacy transactions as default。

The NEAR Intens transaction volume exceeded $10 billion and achieved cross-chain private transfers without reliance on a centralized identity infrastructure。

The Venice case shows that people ' s need for privacy has expanded from the field of payment to AI applications, fulfilling a private and log-less reasoning。

NEW APPLICATIONS ARE DIRECTLY ADDING PRIVATE FUNCTIONS TO THE UNIVERSAL CHAIN THROUGH ZERO-KNOWLEDGE CERTIFICATION (ZK), UNIVERSAL ENCRYPTION (FHE) AND TEE. PRIVACY IS CURRENTLY ONE OF THE FEW DE-LINKED TRANSACTIONS IN THE TRUE SENSE。

Projects:

RAILGUN: Runs on the Ether, Arbitrum and Polygon, supporting the private transfer of all ERC-20 tokens and the interaction of DeFi. The cumulative volume of private transactions exceeded $5 billion. Approximately $4.7 million per year goes directly to DAO. The income cost is zero。

NEAR Protocol: Provides chain-level privacy through NEAR Intens and a verifiable infrastructure for AI. NEAR Intens has exceeded $20 billion in total historical transactions。

Artium: Encryption/confidential computing network (based on multiple security calculations)。

Nillion: Decentrization of "blind computing" for private data and fully homogeneous encryption (FHE)。

Starknet: ZK Original L2; proof of privacy and validity at the bottom。

Phala: a confidential calculation based on TEE, for contracts and AI。

Canton Network: an institutional clearing network that supports privacy。

Read about:From the ZEC surge to Vitalik, will the private narrative re-emerge

Encryption cards and new banks

Real users consume in real encrypted currency. This is the most difficult indicator to forge。

The number of encrypted card monthly transactions reached approximately $607 million (March 2026), increasing by about sixfold in 18 months, and cumulative transactions by about $6.5 billion。

High market concentration: RedotPay, which accounts for about 60-80 per cent of transactions (about $10 billion annually and more than 5 million users), is allegedly preparing an IPO in the United States with a valuation of over $4 billion。

Rain was among the top of the Middle East rankings for several months。

Etherfi Cash handled the largest number of transactions on the smaller transaction volume base。

Reasons for growth in the second half of the year:

Growth came mainly from emerging markets (South-East Asia, Latin America and Africa). In these areas, currency stabilization plays the role of savings, remittances and counter-inflation, and this demand does not disappear with regulatory policies。

At the same time, TradFi is rapidly pouring in. Circle, Ripple, Paxos, Fidelity, Crypto.com, Morgan Stanley and others have applied to the United States Monetary Supervisory Authority (OCC) for a trust licence. Nubank has obtained conditional approval from the Bank of America. The annualized water consumption of Visa ' s Stabilised Currency Link Card reached approximately $4.6 billion。

Credit cards alone have reached the upper limit of LTV. Winners will direct users to a higher LTV DeFi ecosystem (collateral, borrowing, borrowing consumption). It should be noted that about 76 per cent of the new banks are not yet profitable; it will be difficult simply to pay fees。

Item (encrypted card):

RedotPay Official: The volume of transactions is dominant; the hosting type is specially designed for emerging markets; the daily transaction limits are up to $1 million / a single transaction limit of $100,000。

other.fi: Self-hosting; depositing in ETH/eETH, consumption stabilization currency or borrowing, while ETH continues to earn re-admittance earnings; use of the “fruit-making” model; approximately 300,000 accounts, approximately 70,000 active cards。

KAST: HIGH CUMULATIVE TRANSACTION VOLUME; FOCUS ON EMERGING MARKETS。

Gnosis Pay: Self-custody, compliance priority banking card infrastructure. It is most widely used in Europe。

Ready: A new self-custody banking model to achieve full compliance; growth is strong。

SafePal, Cypher: From encrypted wallet to hosting card business。

Read about:All words explore stable currency payments: how encryption cards connect digital assets to global commerce

Projects (new banks):

Avici: DeFi Econews Bank with Extension Options。

Plasma: Supporting the user experience of new banks based on the original chain of stable currency。

Bleap, Fasset: New Stable Bank for Daily Consumption and Emerging Markets。

Read about:Encrypted new banks: the wealth stays on the chain and consumption does not have to go down

9. Stabilizing currency infrastructure and payment corridors

This is the focus of institutional funding. Between January 2023 and January 2026, the total market value of the stable currency more than doubled, reaching some $308 billion, with an annual settlement of over $33 trillion in 2025. This number has exceeded Visa's throughput。

In 2026, the trend was towards vertical integration and “stable currency chains”: Tempo was launched jointly by Stripe and Paradigm; Arc project financing, under the flag of Circle, was $222 million, valued at about $3 billion, involving over 100 institutions (including Visa, Beled and HSBC banks)。

Reasons for the increase in the second half of the year:

This area provides the basis for the use of encrypted currency for consumption。

Corporate partners have begun to integrate: Visa, MasterCard, Stripe, PayPal, Western Union, DoorDash, and banks that are being piloted through SWIFT block chains。

Structural demand growth will occur in the next 20 years as about $10 trillion of funds shift to a generation that can easily use encrypted money. The shift from dollar-linked stable currency dominance to localized stable currency opened up new regional payment channels。

It needs to be noted, however, that even with the steady increase in currency penetration, tokens do not always capture value. As in most technology markets, users benefit from products, while upside gains flow to infrastructure and solutions providers。

Projects:

Tempo: Optimized payment L1 by Stripe/Paradigm; final confirmation of 100,000+TPS and subseconds; is the main settlement chain of Stripe。

Circe / Arc: Economic Operating System at the institutional level; Internal Foreign Exchange (FX) Engines and Encrypted Transfers at Gas Fee USDC; compatible with CCTP/Circe Mint。

BVNK: ENTERPRISE-LEVEL STABILIZATION CURRENCY PAYMENT ARRANGEMENT SOLUTION。

Fireblocks: Digital Asset Payment, Stable Currency, Funds Management, Wallet, Services and Decorate Solutions Providers。

Base: Coinbase L2, increasingly used as a stable currency payment infrastructure, not only for applications but also for AI through x402。

Polygon: High throughput, low-cost stable currency clearing route. Polygon Open Money Stack provides stable currency payments to businesses。

Payy: Stable currency payments to support privacy functions。

LI.FI: CROSS-CHAIN AGREEMENT BASED ON INTENT, USED TO STABILIZE CURRENCY MOBILITY BY ROUTE AND TO PROVIDE ENTERPRISE-ORIENTED PACKAGES。

Read about:Dial stabilization currency payments mist: actual payments only 10% of total transactions

10. Encryption cultural platform

It may sound unbelievably, but its business model is very efficient。

Pump.fun has accumulated about $1 billion in agreement revenue and about $88 billion in DEX transactions, recently ranked third in all DeFi agreements in terms of daily revenue (after Tether and Circle) and is expanding from Launchpad to multi-asset trading applications。

With regard to the collections, the coined bonnet card deal reached $124.5 million in a single month (August 2025, 5.5 times more than January), and Courtard's current annualized revenue is about $200 million, with minimal marketing expenditure surpassing most medium NFT markets in 2021。

Reasons for the increase in the second half of the year:

The tokenized collection has evolved from a “NFT derivative” to a practical RWA subcategory: cards are stored in third-party custodians (e.g. the Brink's library used by Courtard), supported by foreclosable NFTs, and the price-fixing function of the chain is physically redeemed. This is the product-market interface (PMF), and it is a template that can be extended to the luxury goods sector。

In addition, many encrypted GambleFi platforms run random number generators (RNG, such as Pyth), which can prove fair, making the Gacha mechanism auditable。

These projects are a few that generate real and sustained income, and they also contain a number of hoaxes. The main risk lies in the possible regulatory review of the draw card mechanism and the close relationship between the volume of transactions in the collection and the periodicity of the physical market。

Projects:

Pump.fun: Top-level emulator distribution platform. It is being extended to challenge platforms after the promotion of a joint curve-based token distribution model. Dare market was one of the first projects to explore this field。

Collect Crypt: The solana chain-based monetization card market。

phygitals, Courtard.io, Beezie: a collection of tokenized objects (dreams, cards) with treasury hosting and foreclosure mechanisms; and a draw card mechanism。

Shuffle.com, Stake.com, Rollbit, Sport.fun, YeET: a encrypted casino and sports gaming platform。

Read about:ALL-WORD: TRADITIONAL ART IS GETTING OLD, NFT IS BECOMING A NEW GENERATION OF COLLECTORS

Concluding remarks

“There is nothing to develop in the field of encryption” is a false view. Encryption money changes the world with its original technology: stable currency, forecast market, encrypted currency, monetized stock, NFT, DePIN, etc. Today it is more difficult to create new technologies, but there is still an opportunity to build good products based on existing technologies。

The difference today is that real market growth is measurable rather than speculative。

The old strategy was to buy something first, while the new strategy was to discover user needs first。

QQlink

Tiada pintu belakang kripto, tiada kompromi. Platform sosial dan kewangan terdesentralisasi berasaskan teknologi blockchain, mengembalikan privasi dan kebebasan kepada pengguna.

© 2024 Pasukan R&D QQlink. Hak Cipta Terpelihara.