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What are the testnet interaction projects?
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Lens Protocol. This is a decentralized social platform based on Polygon, which uses NFT and smart contract technology to allow users to control their content and social relationships in the Web3 environment. Lens adopts a modular design concept, which can easily add new features and fix problems, while ensuring the immutability of user content and social relationships, providing users with greater autonomy and security. Currently, Lens Protocol has received $31 million in strategic financing led by FactionVC.
Towns is a decentralized group chat application launched by Not There Labs. It integrates the cluster chat protocol and application, supports functions such as meetings based on blockchain technology, and aims to help online communities build their own digital home. Unlike traditional social platforms, Towns adopts a completely decentralized design and uses end-to-end encryption technology to ensure the security and privacy of users' communication.
Grass Network focuses on monetizing unused Internet bandwidth, allowing users to generate revenue for themselves by selling unused network resources. Users need to pass the points system and bind the Solana wallet to obtain testnet interaction qualifications.
Plasma is a scalable payment system designed based on Bitcoin. It uses a hybrid UTXO/account model and can process more than 1,000 transactions per second. Plasma supports users to pay transaction fees directly with BTC and can seamlessly integrate with the existing Bitcoin ecosystem.
Chaos Labs is an on-chain risk control company focused on DeFi risk management, dedicated to improving the security and accessibility of financial markets. In 2024, Chaos Labs received $55 million in financing led by Haun Ventures and participated by Paypal Ventures and others.
Towns
