Overview of 11 Projects at the ao Ventures Demo Day
Author: Kyle
Translator: Kyle
Reviewer:
Source: Content Guild Translation
The incubator ao Ventures, launched by Community Labs and backed by $35 million in funding from institutions like Faction and Distributed Global, aims to foster the growth of Arweave and AO. Since April 23, ao Ventures has conducted a ten-week incubation program that attracted over 100 developers, offering technical support and guidance throughout. Recently, this incubation program successfully concluded with over 30 project submissions, out of which 11 outstanding projects were selected for the Demo Day on July 12. These projects were showcased to gain feedback, support, attract investment, and expand their influence. Here’s an overview of each project.
1. Tau Oracle
Tau Oracle is a zero-knowledge proof privacy layer within the AO and Arweave ecosystems, addressing blockchain data privacy issues. It securely encrypts all data on Arweave, allowing only data owners to decrypt it, thus ensuring data privacy and security. This significantly expands the possibilities for decentralized applications. Enterprise users can also leverage Tau Oracle for secure data operations on Web3, opening up practical applications in sectors like law, finance, and government data management and protection.
2. Astro
Astro is the first over-collateralized stablecoin protocol built on AO, aiming to provide a stable medium of exchange in transactions. By using AR tokens as collateral, Astro offers the stablecoin USDA as a transaction medium. USDA addresses transaction stability and price anchoring issues, enhancing market liquidity and serving as a critical pillar for the DeFi ecosystem.
3. Onairos
Onairos is a revolutionary tool that helps users integrate data from all applications and convert it into a digital persona. Users can choose to share this data with other applications in exchange for economic rewards or enhanced user experiences. Onairos, utilizing Arweave for storage and AO for computation, achieves complete control and personalization of data, ensuring data privacy and sovereignty while providing high-quality services.
4. Fractopus & Copus
Fractopus is a revenue-sharing layer for the Permaweb that establishes a peer-to-peer income-sharing network by distributing a portion of future revenue. Fractopus has developed a product called Copus.
Copus is a multimedia publishing platform that leverages the Fractopus protocol to interconnect content and share revenue. It enables content creators to reference and support other content by allocating a portion of their future income. When users pay for content, the revenue is automatically distributed to its cited sources and upstream sources. The content and connection relationships on the platform are stored on Arweave, ensuring data security and long-term preservation. Copus primarily targets creators of AI-generated content, addressing the challenge of monetizing AI content.
5. Apus Network
Apus Network is a trustless decentralized GPU network aimed at enhancing AI computation performance on the AO platform. By offering trustless GPU acceleration, Apus Network addresses the centralization and high costs of traditional GPU networks, providing verifiable and scalable inference results for the AI development community. This network not only improves computational efficiency but also offers greater flexibility and scalability for developers, making AI applications more efficient and powerful.
6. Outcøme
Outcøme is the first prediction market based on AO, utilizing autonomous AI to establish a trustless market settlement mechanism, ensuring market integrity and protection from interference. Users can create prediction agents using large language models and data sources, participating in data-rich derivative markets. Outcøme allows users to earn income through copy trading and subscriptions in a risk-free environment, enhancing transparency and accuracy in prediction markets.
7. Aftr
Aftr is an on-chain wallet that allows users to manage any AO process using multisignature functionality. It provides a robust solution for on-chain fund custody, supporting on-chain treasury as a liquidity provider and managing autonomous agent operations. Aftr's flexibility and security make it an indispensable part of the AO ecosystem, especially for handling large-scale funds and complex transactions.
8. Liteseed
Liteseed Network is a decentralized bundler that reduces network usage costs and improves data upload efficiency by bundling multiple transactions into one before uploading to Arweave. Liteseed's design makes it easy to scale and manage, serving as a core infrastructure for building decentralized applications, addressing high costs and inefficiencies in data transmission.
9. dstor
dstor is a low-code platform designed for on-chain AppSearch and AI Tool development, aiming to provide Web3 developers with the ability to perform search and personalized recommendations without going off-chain. The platform uses trustless GPU acceleration, addressing centralization and high costs of traditional GPU networks, and offers verifiable and scalable inference results for the AI development community. By handling user queries through smart contracts and utilizing AO transformers for data processing, dstor enables developers to easily create and customize on-chain search engines and AI tools, enhancing application flexibility and efficiency.
10. 0rbit
0rbit is a decentralized oracle network that allows AO processes to access any real-world data. It addresses centralization, data verification, and permission issues of traditional oracle networks, enabling developers to seamlessly integrate various types of internet data (such as news, stock prices, etc.) into their applications. This data can be used to build data-rich applications like AI agents, social finance, and prediction models. 0rbit ensures data reliability and verifiability through decentralized nodes and trustless verification mechanisms, allowing anyone to freely set up nodes and contribute data.
11. LiquidOps
LiquidOps is a decentralized lending protocol based on AO, aiming to leverage unused assets to promote DeFi development on AO. Users can deposit tokens to earn yields, while borrowers provide collateral to borrow USDA stablecoins, which can be traded on decentralized exchanges to increase liquidity and profits. LiquidOps ensures the security and reliability of the lending process, aiming to provide crucial liquidity support and promote the development of DeFi products within the AO ecosystem.
🏆 Spot typos, grammatical errors, or inaccuracies in this article? Report and Earn !
Disclaimer: This article does not represent the views of PermaDAO. PermaDAO does not provide investment advice or endorse any projects. Readers should comply with their country's laws when engaging in Web3 activities.
🔗 More about PermaDAO :Website | Twitter | Telegram | Discord | Medium | Youtube