Project Analysis

Roam is a decentralized WiFi network built on the Solana blockchain, belonging to the DePIN (Decentralized Physical Infrastructure Networks) sector.

Elixir (ELX) is a modular decentralized liquidity network that integrates liquidity from DeFi protocols and optimizes the trading environment to address issues such as fragmented liquidity, high slippage, and wide spreads in traditional decentralized exchanges (DEXs).

PayFi (Payment Finance) is an innovative payment finance paradigm based on blockchain technology, designed to achieve efficient and low-cost global payment settlements through a decentralized architecture, thereby reshaping the payment system.

DePIN is an ecosystem of physical infrastructure networks owned and monetized by users, device owners, and enterprises, allowing everyone to become a participant in the infrastructure rather than just a passive user.

Bubblemaps is an analytical tool focused on visualizing on-chain data in the blockchain space. By utilizing innovative “bubble map” technology, it transforms complex on-chain data into intuitive visual charts, helping users quickly identify token distributions, fund flows, and potential risk patterns.

Cross-chain refers to the technology that enables the interoperability of assets, data, or information between different blockchain networks.

Nillion is a decentralized privacy computing network designed to address the core challenges of data privacy through “Blind Computation” technology.

Particle Network is a blockchain infrastructure project focused on Chain Abstraction, aimed at addressing core issues such as fragmented user experience, dispersed liquidity, and complex cross-chain operations in a multi-chain ecosystem.

This report examines the expansion path of prediction markets from crypto-native origins to mainstream distribution, using the compliant platform Kalshi and its brokerage distribution model as a case study. It highlights that regulatory licensing and distribution access are becoming the core variables determining scale: once event options are embedded into brokerage account systems, trading barriers are significantly reduced, and platform growth becomes closely tied to channel efficiency.

The Byzantine Generals Problem has a close relationship with blockchain. A blockchain network is a distributed network where nodes, like Byzantine generals, must achieve consensus on transactions and data in an unreliable network environment.

Flow is a Web3.0 underlying platform public chain designed for digital assets and applications, empowering blockchain games, applications, and digital assets. It focuses on the NFT and gaming sectors, providing a developer and user-friendly environment.

Kaspa is a decentralized and scalable Layer1 network that uses BlockDAG architecture to address scalability issues associated with traditional blockchain operations.

Render Network is a decentralized rendering platform that provides 3D rendering solutions through a decentralized GPU network.

Immutable X is a non-EVM compatible Layer 2 network deployed on Ethereum, relying on Starkware's StarEx technology.

Arweave is a decentralized data storage protocol that enables permanent storage and global access through its Blockweave and SPoRA consensus, addressing the scalability, data availability, and cost issues present in blockchain data storage.