Inventory of 11 Award-Winning Projects from Polygon @The Pit Accelerator

Original Title: 《 Polygon @ The Pit Accelerator 11 Award-Winning Projects Overview》
Author: Polygon Developers
Compiled by: angelilu, Foresight News

The "Polygon @ The Pit" accelerator, hosted by Polygon Labs and Jump Crypto, took place in Singapore from January 30 to February 10. A total of 28 teams participated in the finals. Polygon announced 5 award-winning projects at the end of the first week and 6 award-winning projects at the end of the second week. Here is an overview of the award-winning projects.

Week 1 Award-Winning Projects

Best Technical Execution Award: Quantum Contracts

Quantum Contracts is an on-chain quantum simulator running on smart contracts, built on Polygon, currently in the proof-of-concept stage, providing technology and solutions to help organizations and individuals prepare for the risks and rewards of quantum computing.

Most User-Friendly Award: Buildoor Labs

Buildoor Labs is a no-code tool for onboarding, attracting, and retaining users in Web3, supporting L1/L2 networks like Ethereum and Polygon. Its simple, gamified, and interactive immersive experience helps users onboard in Web3 applications, launching tokens to incentivize user interaction with dApps, adding leaderboards, and rewarding participating users to increase user engagement. Additionally, it provides project teams with an activity analysis dashboard to analyze user engagement and retention rates.

Best DeFi Application: Moret

Moret is a Polygon-based options trading platform operating on the AMM model, offering various options-based vaults and strategies (including fixed indices and leveraged perpetual contracts), allowing direct trading of implied volatility through volatility tokens, with governance tokens transferable using liquidity pool tokens.

Best NFT and Media Application: Splash

Splash is a video tokenization platform that allows creators to monetize videos and reward their fans; for users, it enables earning interest tokens by watching content they enjoy, receiving rewards for their time and attention, with interest calculated in real-time and withdrawable at any time.

Best Gaming Application: ChessX

ChessX is a free casual chess mobile game that tokenizes chess pieces as NFTs, allowing users to earn rewards while playing games in the metaverse.

Week 2 Award-Winning Projects

Best Project & Best Application of Polygon Technology Award: Kleo Network

Kleo Network is a decentralized data protocol designed to enable users to control their data and tokenize it without sacrificing privacy. Specifically, Kleo Network creates a "data pocket" that collects users' personal data from various platforms through a browser plugin and stores it locally, including browsing history, personal information, transaction history, etc. This data can be selectively sold on the market created by Kleo Network to earn tokens. Kleo Network uses smart contracts and privacy computing to ensure the transparency and privacy of user information.

Most Scalable: Purple Pay

Purple Pay is a crypto payment infrastructure designed to allow businesses to accept crypto payments with one click. According to its official website, Purple Pay offers fast settlement speeds of under 60 seconds, with costs only half that of traditional gateways. The "Transaction History" page of Purple Pay allows users to manage payments and view reports without spending time evaluating block explorers. Purple Pay claims that every transaction can receive funds in the user's own self-custody wallet. Purple Pay uses Transak for deposits and withdrawals and Biconomy to support gasless transactions.

Best Infrastructure Solution: POLY AUT

PolyAuth is developing an account abstraction solution that utilizes FIDO2 technology to enable secure two-factor authentication for secure wallets, all implemented on-chain.

Best Cross-Industry Application: ZKDoc / Medi-0

ZKDoc/Medi-0 innovatively uses zero-knowledge proofs to protect on-chain medical and healthcare data, striking a balance between privacy and security, allowing authorized parties to access the sensitive medical data they need while still protecting patient privacy.

Best User Experience: Voyage Finance

Voyage Finance is an open-source smart contract wallet tool research lab, awarded for making the Web3 concept more user-friendly. The range of tools it provides allows developers to create and manage their projects more easily, and crucially, to create a seamless user experience.

Best Social Good Award: Copra Finance

Copra Finance is an on-chain credit platform aimed at helping people obtain loans to improve their financial situation through on-chain credit supported by on-chain income.