It's graduation season again. Here's a quick overview of the 12 crypto startups incubated by Alliance this year

Author: Shenchao TechFlow

In this uncertain market with slightly fatigued conditions, Alliance brings its latest batch of incubated projects to the market.

As the largest accelerator in the crypto world, Alliance has incubated well-known projects such as Tensor, Pendle, and Synthetix. Recently, the popular crypto consumer applications Fantasy.top and Pump.fun were also incubated by Alliance. Fantasy.top and Pump.fun are now ranked among the top ten cryptocurrency protocols in terms of fees and generated revenue, surpassing many established L1s.

Last week, 12 startup crypto companies successfully "graduated" from Alliance, among which the current hot projects in the RWA, AI, and DePIN sectors accounted for the majority. The selection of incubated members reflects Alliance's close understanding of market trends and industry narratives.

In addition to controlling current hot narratives, several projects in this batch focus on expanding the crypto market in Asia, Africa, and Latin America, reflecting the trend of the crypto field expanding into third-world countries.

Here are introductions to these 12 startups :

1. Villcaso

Product Direction: Tokenization of U.S. Real Estate

Project Twitter: https://twitter.com/Villcaso

Introduction:

Villcaso tokenizes U.S. real estate on-chain in a compliant manner, allowing global users to participate in U.S. real estate investment by holding Villcaso's on-chain token $USH (U.S. Housing), addressing issues such as policy compliance and high entry barriers faced by non-U.S. residents investing in U.S. real estate.

2. GoBankless

Product Direction: Cross-border payments in cryptocurrencies for Africa

Project Twitter: https://twitter.com/gobanklessapp

Introduction:

GoBankless builds a compliant stablecoin cross-border payment system for small and medium-sized enterprises in Africa, helping them convert cash into stablecoins. Through on-chain cross-border payments, it alleviates the significant pain points of high fees (up to 20%) and long settlement times associated with Swift. Currently, GoBankless serves over 400 courier companies and 49 bank branches in Africa.

3. Wasabi Protocol

Product Direction: NFT and MEMECOIN Derivatives Trading

Project Twitter: https://twitter.com/wasabi_protocol

Introduction:

Wasabi Protocol is a Web3 derivatives exchange for long-tail assets built on Blast Chain, providing leveraged trading for high-volatility assets (such as NFTs and MEMECOINS), as well as services like NFT options, asset staking, and fragmented NFT trading. It is also the first project to offer derivatives trading for ERC721s and ERC404 asset protocols, actively addressing liquidity issues for culturally significant memecoins. Within months of its launch, Wasabi attracted over 30,000 users, with platform trading volume exceeding $200 million.

4. Lulubit

Product Direction: Providing fiat currency exchange in Central America

Project Twitter: https://twitter.com/lulubitapp

Introduction:

The Central American market, with a volume of $70 billion, is currently dominated by high-fee and poor user experience P2P networks for cryptocurrency trading. To address this pain point, Lulubit offers fiat-to-crypto exchange services for Central American users, allowing them to buy or sell cryptocurrencies directly using their bank accounts and spend cryptocurrencies with debit cards. In less than a year, Lulibit has attracted over 18,000 users. The product currently serves residents of Panama and Guatemala and will soon expand to other regions in Central America.

5. ZwapX

Product Direction: Tokenization of luxury watch trading

Project Twitter: https://twitter.com/zwapxofficial

Introduction:

Traditional luxury watch trading platforms like Chrono24 and Montro face numerous fraud incidents due to inadequate technology for verifying the authenticity of watches. To combat fraud, these platforms must rely on deposit escrow systems.

ZwapX addresses this issue by holding watches instead of funds for customers. After registering watch information, users can send their watches to ZwapX's warehouse in Geneva, where professionals will verify the authenticity and condition of the watches before they are stored. Once confirmed, ZwapX will convert the watches into corresponding on-chain tokens, which users can choose to hold or trade freely. Upon successful transactions, funds are immediately delivered to the seller, and buyers can redeem the tokens for physical watches or use them as collateral in DeFi.

6. Fractal Payments

Product Direction: Stablecoin cross-border payments

Project Twitter: https://twitter.com/FractalPayments

Introduction:

Fractal Payments is a global cross-border payment platform that supports stablecoin settlements, with transaction fees three times cheaper than Swift and settlement speeds six times faster. Traditional cross-border payment solutions face high fees, slow processing times, and complex usage barriers.

Fractal Payments is fully licensed in the EU and currently supports payments in over 60 countries/regions. This allows businesses to price transactions in fiat while using on-chain stablecoins for fast and low-cost settlements.

Fractal Payments has already integrated with widely used applications like Zerion.

7. Codigo

Product Direction: AI code generation platform

Project Twitter: https://twitter.com/CodigoPlatform

Introduction:

The usability of AI models largely depends on the quality of the training data. However, obtaining training data is challenging due to poor data categorization in relevant fields, resulting in varying model quality. Currently, Codigo aims to help users conveniently access high-quality training data. The Codigo platform incentivizes through tokens, providing high-quality datasets via data crowdsourcing and centralized review, while also offering specialized model training services for high-risk AI financial sectors. Notably, Codigo initially focused on crypto source code, which has abundant and high-quality data. Their beta tool generated over 4 million lines of code in just six months.

8. Accrue

Product Direction: Cross-border payments for underdeveloped regions in Africa

Project Twitter: https://twitter.com/useaccrue

Introduction:

Accrue provides virtual payment card creation services for users in Africa. On the Accrue platform, African users can recharge their virtual cards with USD stablecoins through various channels, including banks, and use USD stablecoins for transaction settlements. This approach reduces cross-border settlement costs in Africa by nearly ten times, shortening settlement times from two weeks to under five minutes. Currently, Accrue has launched in seven countries/regions and is integrated into Africa's largest payment wallet application, Opera. Since its launch, Accrue has processed over $5 million in transactions.

9. Fig

Product Direction: CeFi options tokenization

Project Twitter: https://twitter.com/FigPlatform

Introduction:

Fig focuses on the much larger CeFi options market compared to the CeFi perpetual contract market, tokenizing complex options to help users easily utilize options for on-chain investment portfolios, employing complex hedging strategies for profit.

Since its launch four months ago, Fig's options trading volume has exceeded $50 million, with ecosystem TVL surpassing $10.2 million.

10. 0G

Product Direction: AI on-chain data availability solutions

Project Twitter: https://twitter.com/0G_labs

Introduction:

0G lbs is the first modular AI chain, building a programmable data availability solution aimed at addressing the massive data storage and throughput requirements for on-chain AI operations, dividing data into publishing and storage phases. According to official sources, this architecture is 50,000 times faster than leading data availability solutions like Celestia, while being 100 times cheaper.

11. Proto

Product Direction: Building on-chain Google Maps using DePIN devices

Project Twitter: https://twitter.com/dp_proto

Introduction:

Proto's DePIN network utilizes token incentives to provide mapping services for emerging economic regions through geographical data uploaded by users' smartphones. By allowing users to upload geographical data, it addresses the issue of large map operators like Google failing to update information promptly due to rapid changes in densely constructed urban centers in developing countries like Mumbai and Bangalore.

Within months of its launch, Proto achieved 75% Google Maps coverage in Bangalore and provided new coverage in areas where Google Maps could not reach.

12. Dinari

Product Direction: Tokenization of U.S. stock securities

Project Twitter: https://twitter.com/DinariGlobal

Introduction:

Dinari is a Web3 securities asset trading platform that uses smart contracts to tokenize securities as dShares, allowing users to trade traditional securities such as stocks, bonds, and ETFs on-chain. Currently, Dinari operates solely on Arbitrum, supporting transaction Gas payments with stablecoins like USDC, USDC.e, and USDT, without the need for native tokens like ETH.