- Celer enables seamless cross-chain dApp experiences with unified liquidity and shared application logic across multiple blockchains.
- Joystream empowers video creators through DAO governance, on-chain monetization tools, and open developer infrastructure.
- Taraxa utilizes EVM-compatible Layer-1 architecture to make informal transactions auditable and reliable for real-world business use.
As blockchain technology diversifies to meet the demands of Web3 users and developers, emerging platforms such as Celer, Joystream, Taraxa, and Nolus are pushing the boundaries of functionality. These projects offer innovative solutions across cross-chain interoperability, decentralized video platforms, informal transaction auditing, and capital-efficient DeFi lending highlighting the sector’s focus on real-world utility and scalable applications.
Celer (CELR): Enabling Seamless Cross-Chain Interactions
Source : CoinMarketCap
Celer is meant to allow users to use different decentralized applications on multiple networks in a simple way. With the protocol, users only need to click once to interact with tokens, DeFi platforms, NFTs, and vote on governance matters, no matter which blockchain is used.
The Inter-chain Messaging Framework (IMF) at the heart of Celer helps to create dApps that work across various blockchain networks. As a result, developers are now able to build applications with a consistent logic and linked liquidity between different chains. Because of shared states, dApps work in multiple environments and still manage to provide the same experience for users.
Transaction validation, liquidity provision, and incentives for staking are all supported by CELR token in the network. Making blockchain interoperability easier to handle, Celer paves the way for more people to use multiple blockchains and enjoy decentralized services.
Joystream: Open Video Platform With On-Chain Creator Incentives
Source : CoinMarketCap
Joystream is built on a public blockchain designed to handle high volumes of traffic and is especially meant for videos. Because everything is stored on the blockchain, social media users can be sure their posts and interactions won’t disappear and are clearly visible to everyone.
The network is managed by a DAO that works to fund content creators, sustain its network, and set the development of the platform. By using video NFTs and creator tokens, Joystream helps creators make money in new ways linked to viewership.
By allowing developers to build new applications on its open infrastructure using stable APIs, Joystream aims to decentralize video publishing. The protocol supports experimental development of algorithms and features, granting developers and creators autonomy beyond conventional, closed ecosystems.
Taraxa (TARA): Auditing Informal Transactions with Layer-1 Technology
Source : CoinMarketCap
Taraxa is a Layer-1 blockchain platform focused on bringing visibility and accountability to informal business transactions—data exchanges that are often excluded from traditional records but carry significant impact. Its architecture combines a blockDAG data structure with a t-Graph consensus mechanism to enable high-throughput and low-latency operations.
Taraxa’s primary goal is to make trustless decision-making accessible in contexts where data is frequently unstructured and undocumented. Its framework is particularly suited to applications requiring real-time auditing and verification of interactions that occur outside formal channels, such as in supply chains and service agreements.
Nolus (NLS): Enhancing DeFi Lending Through Capital Efficiency
Source : CoinMarketCap
Nolus is a semi-permissioned blockchain platform designed to connect borrowers and lenders in a decentralized money market. Its core feature, the DeFi Lease, enables users to receive financing for up to 150% of their initial investment while accessing leveraged assets through predefined strategies.
This model is inspired by traditional leasing systems, where ownership is granted upon repayment. Nolus reduces the need for high over-collateralization, a common issue in DeFi, and improves capital efficiency for borrowers. Only approved strategies can access these leveraged positions, maintaining a controlled environment while preserving decentralization.
The NLS token powers the ecosystem and supports functions such as governance, staking, and network participation. Nolus represents a shift toward more sustainable and user-centric DeFi systems that balance innovation with compliance.
