On July 6, Blocklike held its 21st Binance Live event. With the theme of "Let's Get MOVE-ing", the event invited 6 projects based on the Move language to explore the Move ecosystem. They are Atem, MoveBit, MoveFlow, Mole, OmniBTC, and Patronus.
During the event, the guests focused on their projects' development and plans, shared their breakthroughs and innovations in terms of products and services, and discussed the market's overall development. At the same time, the guests expressed their expectations for the Move ecosystem. This event was strongly supported by JinSe Finance, Foresight News, MarsBit, TechFlow, cointime, PANews, bixiaobai, WebX LABS, coinlive, Oss News, BLOCKNEWS and other media.
Atem Network is a decentralized content creation protocol, aiming at helping creators tokenize their content and build web3 native communities. Leo believes that with the continuous development of Web3, social networks that truly belong to users can be built on the blockchain. Atem believes that users can truly control their own data, and at the same time can directly interact with creators based on on-chain data, without being limited by the platform. Leo mentioned that in addition to the decentralized content creation protocol, Atem has also launched two products based on the protocol, namely AtemChat and AtemReview. Next, Atem will continue to expand its protocol and apps to more ecosystems.
MoveBit is a security company for the Move ecosystem, and is also the earliest contributor to the ecosystem. Luis said that MoveBit continues to work with other Move developers to develop security standards for Move applications and best practices for formal verification, and its vision is to make the Move ecosystem the safest Web3 ecosystem. In the future, MoveBit will continue to participate in events related to the Move ecosystem and give full support, explore the infinite possibilities of the Move ecosystem with enthusiasts and contributors, provide higher-quality technical services for projects, and attract more high-quality teams into the Move ecosystem to build.
MoveFlow is a crypto asset streaming protocol built on Aptos and Sui that enables instantaneous, seamless and uninterrupted payment streams, allowing users to automatically initiate transactions on the blockchain according to predetermined rules. Troy introduced the product function currently supported by MoveFlow in terms of real-time salary payment, token airdrop and unlocking and other aspects, and shared MoveFlow's long-term vision of deploying a full-chain crypto payment stack with the unique creation space of programmable digital currency. He said that "programmable payment" has the imagination to penetrate into various payment scenarios, which can improve the efficiency of asset circulation and user experience as a whole. In the future, MoveFlow will also make more efforts to further accelerate the penetration of programmable payment into the traditional payment field.
Mole is a DeFi platform focusing on asset management. It uses leveraged yield farms as the underlying assets to issue various types of funds, such as hedge funds and index funds. Andrew believes that future asset management will run smart algorithms in the form of distributed smart contracts, so as to obtain stable income and avoid losses caused by market fluctuations. At the same time, asset management should focus on inclusive finance, even ordinary users can benefit from it, which is what Mole is doing. In the future, Mole will launch more inclusive products, including various funds, and excellent institutional liquidity solutions, to allow a wider range of users to participate.
OmniBTC is an omnichain DeFi platform that connects all the on-chain liquidity using interoperability protocols such as LayerZero, aiming to connect and unify all the on-chain liquidity for seamless and low-cost cross-chain transactions. JJuunee believes that the biggest problem facing new public chains headed by Sui is the lack of users and on-chain assets. Based on this, OmniBTC has launched its own solution. On the one hand, OmniBTC can lower the entry threshold for users and allow a wider range of users to participate. On the other hand, chains can also obtain more traffic and asset liquidity. Next, OmniBTC will also focus on improving the omni-chain lending function, allowing users to safely and conveniently lend assets on other chains without relying on third-party bridges.
Patronus is a composable DeFi liquidity protocol. Jimmy Xu said that in order to alleviate the challenges of "dispersed position management", "low capital efficiency", and "limited application scale" in the current DeFi ecology, Patronus builds a more suitable lending market, leverage market, and derivative market for financial services based on high-performance Networks such as APTOS and SUI, through independent R&D and LEGO combination. Jimmy believes that the development of DeFi will improve the current situation of " Capital Nomads " and increase the liquidity of the entire industry. At present, Patronus has been deployed to APTOS network, passed the security audit of MoveBit, and is about to launch a long-term liquidity incentive plan.
The current ecosystem based on the Move language is continuing to expand. Although it is still a relatively new ecosystem, the features of the Move language, such as being friendly to developers, have attracted many developers to build. As an emerging ecosystem, it is expected to become more mature and vigorous in the future.
All Comments