Research Summary
The article provides an overview of new crypto projects and the current market situation. The article highlights Kinto, an L2 solution on the Ethereum network that focuses on user safety by providing KYC at the chain level. The article also mentions several other projects in the DeFi, NFT, and DEX spaces, and provides a brief market overview indicating a presence of buyers in the market.
Actionable Insights
- Monitor Regulatory Developments: Kinto, an L2 solution on the Ethereum network, is implementing KYC at the chain level to enhance user safety. This development could set a precedent for other projects in terms of regulatory compliance.
- Assess Investor Behavior: The market overview suggests a presence of buyers in the market, indicating potential investment opportunities.
- Stay Informed on Project Updates: Several projects mentioned in the article, such as Mendi Finance, Spinamp, AAA, Fluo, Ordstarter, and Pearl, are in various stages of development. Regularly checking their Twitter updates can provide timely information on their progress.