Serum Newsletter #9
Welcome to the latest issue of the Project Newsletter! This week we’re going to take a look into the projects building on Serum itself — yes, the ecosystem is growing and we love to see the community try to fill out the space to make Serum their own.
New Tokens Coming to the Ecosystem
Currently we have 4 projects getting ready to make a name for themselves in the Serum space.
Bonfida should be no stranger to you guys — they were the ones to first introduce market orders, TradingView charts utilizing actual on-chain data, create a Serum API, and the 2020 US Presidential Elections Tokens to Serum.
The Serum Newsletter is proud to be the first to report that Bonfida is currently wrapping up their seed round and raised $4 Million USD in under 2 weeks. More details will be forthcoming, be sure to keep your eyes peeled on Bonfida’s Twitter page
MEDIA
https://twitter.com/MediaFNDN?s=20
Media Network is an open source, decentralized and censorship-resistant live streaming hosting protocol. We’re really excited about this as it is a simple way to demonstrate the power and scalability of Solana and how it can replace current technologies.
MAPS
“We want to give 100s of millions of people access to high-end financial services (cross border payments, savings, investments) and create embedded incentives to enable people to earn money by developing the ecosystem. This should lead to better lives and brighter futures. We are passionate about decentralized finance infrastructure that can help achieve our goals. The world is ready for something much bigger than what the digital asset world is today.” — MAPS team
The exciting thing about MAPS is that it will be highly composable and complementary with another project that’s going to be launching on Serum…
OXYGEN
Oxygen.org is a DeFi Prime Brokerage Protocol built for the future to support 100s of millions of people. It can help holders of digital assets, generate liquidity, earn yield, borrow assets to go short, get trading leverage against your portfolios of assets.
A key reason why Oxygen.org is possible today is Serum Ecosystem + Solana Blockchain infrastructure. Solana is a future-proof blockchain currently supporting 50,000+ transactions per second, for less than $0.0001 each. Serum’s 100% on-chain order book is at the core of Oxygen protocol helping match borrowing and lending orders
To learn more about Oxygen — https://www.oxygen.org/faq-introduction.html
Oxygen also has their own wallet on mobile with a slick interface worth checking out. The wallet also supports Solana and comes with 0.1 SOL pre-loaded to get users started out in the ecosystem.
This wraps up the Serum Newsletter today, where we cover 4 new projects building upon Serum — the first of many for sure! We’re excited to finally see the ecosystem growing and new teams popping up that are just as excited as we are to build on Solana.
If you have any questions or wish to build in the Serum ecosystem please feel free to reach out to us at contact@projectserum.com. We’re always happy to answer questions or aid in anyway we can!
