6 Hidden Gems on Celestia
We are in a SOL-ES-TIA season
$TIA with the market cap of $SOL will be $255 (14x)
$TIA 3,3 staking mechanics will set a new paradigm, and those building on it will be my focus.
Here’s 6 projects building on $TIA that you should bookmark🧵👇
If you enjoyed the read, please RESTACK, LIKE and COMMENT on what you like to hear next. It will be super helpful!
🔷 Ancient 🔷
@Ancient8_gg is a gaming chain that leverages on Optimistic Rollups with Ethereum security.
They’re building on @CelestiaOrg that allows for scalability and lower transaction costs, and near-instant confirmations.
Ancient8 offers unparalleled scalability.
Catalysts:
I see web3 gaming in 2024 with a mix of guilds, community ownership, and sustainable tokenomic models.
Community and investors are key for gaming
They started as gaming guild, saw rapid growth in user base and then build their own gaming chain.
🔷 HyperLane 🔷
@Hyperlane_xyz is the first Celestia Rollup bridge.
Anyone can deploy hyperlane to any blockchain environment to L1, rollup, app-chain
Catalyst:
The Hyperlane thesis is simple:
@CelestiaOrg makes it easy to launch rollups.
@Hyperlane_xyz makes it easy to connect all of those rollups.
Celestia underneath. Hyperlane between. Modular Expansion.
🔷 Skip 🔷
@SkipProtocol is the ZK in @CelestiaOrg Baselayer and provides the SDK for interoperability
Catalysts:
Strange to compare as both solve issues in different ways with some resemblence
@eigenlayer solves it by enabling composable liquidity for liquid staking
@SkipProtocol provides the SDK for interoperability
🔷 Cartesi 🔷
@cartesiproject is an application-specific rollup protocol with a Linux runtime built on Celestia
They enable many uses in data model training and on chain game infra.
Catalyst:
Huge cost savings in gas fees opens possibilities to open-source games, employing distinctive libraries like Werewolf, into the Cartesi VM.
Backend was coded in #Python, so you don’t have to be a #Solidity dev to create dApps
🔷 Union 🔷
@union_build is a hyper-efficient zero-knowledge infrastructure layer for general message passing, asset transfers, NFTs, and DeFi.
Catalyst :
Raised 4M seed round
Launching in 1H of 2024
Running on ZK, interoperability narrative
🔷 Alt Layer 🔷
@alt_layer takes existing rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with EigenLayer's restaking mechanism to bootstrap network security and build a decentralised network.
Restaked rollups are essentially a set of three vertically integrated AVS .
Catalyst:
Developing a narrative of restaking + rollups
Rollups as a service
Backed by: @balajis @polychaincap @hjmomtazi @jump_ @gavofyork @kaiynne @tekinsalimi @twobitidiot
Twitter: https://twitter.com/arndxt_xo/status/1747213871814001028