10-Min Pitch: Projects Be Shill'n

LayerOneX avatar
LayerOneX
@LayerOneXOct 2, 2025

The Spaces featured a fast-paced, 10‑minute‑per‑project pitch session hosted by Cody and sponsored by Layer1X (L1X), a bridgeless, fully decentralized interoperability-focused L1. Four projects presented: SponStar (geo-fenced, gamified, on-chain treasure hunts with a unified points economy and first‑party data engine; multi‑chain with Arbitrum and L1X; account abstraction and ZK for seamless Web2 onboarding; expanding into celebrity‑hosted venues and creator IP via NFTs), On‑Chain Lottery/Internet Token (a fully DAO‑run, fair‑launch lottery where weekly tickets are generated from trading fees; an Automator wash‑buys to create tickets; weekly revenue sharing and a progressive jackpot; protocol‑owned liquidity), Olympus X (an ETH‑backed token economy with a treasury that stakes/LPs for yield and disincentivizes market sells via tiered exit routes and taxes collected in ETH to protect stakers and chart structure), and AggreFi (Richard) (tokenized farmland NFTs with IoT data, DeFi lending for farmers, transparent supply-chain tracking, and carbon credits). Only Founders closed with an open infrastructure for founder capital markets: a Solana‑based gamified launch layer plus an AI‑guided pre‑token raise platform, DID integration, and the OFT token. Cody also highlighted L1X’s Quantum DEX—quantum‑resistant, multi‑chain, with anti‑rug protections and locked liquidity via NFTs.

10‑Minute Pitch Show – Session Summary and Structured Notes

Session format, host, and sponsor context

  • Host: Cody (10‑Minute Pitch Show, sponsored by Layer 1X).
  • Format: Each project gets 10 uninterrupted minutes to pitch directly to listeners (“sharks”), minimizing KOL bias. Questions are gathered in the thread; some teams may respond later due to schedule.
  • House rules for projects: No price speculation or market manipulation talk; focus on the problem, tech, and innovation.
  • Layer 1X (L1X) sponsor note from Cody:
    • Fully decentralized, bridgeless interoperability across EVM and non‑EVM chains; custom VM and consensus built from the ground up.
    • Native cross‑chain movement of assets, data, and logic without traditional bridges; one browser/protocol experience.
    • Quantum DEX launched ~200 days ago: multi‑chain asset DEX with quantum‑resistant security features, liquidity unlock across Web3, anti‑rug tools, “release pool,” and listing incentives (up to ~$2M liquidity upon pool launch, per Cody’s pitch).

Project 1: Sponstar (referred to as “Spawn Star” by host)

Speaker did not give a personal name; host referred to the project as Spawn Star.

What it is

  • A geo‑fenced, gamified, AI‑assisted treasure‑hunt platform delivering real‑world rewards and experiences on‑chain.
  • Think “Pokémon GO–style” check‑ins that drive users to physical locations at events and within retail networks, with rewards unified under a points system called Star Points ($STAR).

Tech stack and deployment

  • Recently deployed on L1X; using Quantum DEX for flexible multi‑chain operations.
  • Native currency on Arbitrum; “powered by Arbitrum.”
  • White‑label treasure‑hunt activations for major Web3 events (speaker cited a deployment around EthCC and upcoming work for ETHDenver).
  • Strong Web2 crossover focus using:
    • Account abstraction and ZK proofs to simplify onboarding and protect identity.
    • Custodial wallet creation on the fly (via email/phone) with ability to click a link or scan QR at check‑in points.

Product mechanics

  • Fractionalization of “physical experience real estate” into granular check‑in points brands can sponsor.
  • Users choose their own path (“choose your own adventure”) to farm points; unified rewards marketplace lets them redeem the way they prefer.
  • Phone becomes a “node” in the game; deep-in style model, no specialized hardware needed beyond a smartphone.
  • Live public map example: speaker pointed to the LA Tech Week map (site cited verbally as “sponsor.io”) showing available on‑ground points.

Data, personalization, and privacy posture

  • First‑party data engine builds a ledger attached to each user: preferences (e.g., drinks vs. non‑drinks, crypto‑native vs. not), enabling relevant experience recommendations.
  • ZK proofs used to preserve privacy while enabling personalization and eligibility checks.

Use cases, events, and rewards

  • Broad scope: music festivals, venture events, and retail.
  • Recent/near‑term examples:
    • Texas Venture Crawl: treasure hunt with rewards like jewelry and 1:1s with VCs.
    • SXSW: Taylor Swift–signed guitar as first prize.
    • Upcoming LA Tech Week activation live on the map; working on ETHDenver activation.

Traction and engagement metrics (speaker‑reported)

  • Up to 80% conversion of physical attendees (Web2‑heavy networks) into on‑chain users during events.
  • Average user visits ~8 locations in a one‑day event.
  • Power users/winners have exceeded 100 locations in a day.

Creator/celebrity venues and IP strategy

  • Building a catalog of celebrity‑hosted venues; example visit mentioned: a ranch owned by Zachary Levi (actor, “Shazam”).
  • New category: fractional sponsorship of venue “liability waiver” experiences (analogy: “Wi‑Fi brought to you by X”).
  • Enabling sponsors to associate with celebrity digital likeness, while helping creators regain control of their IP amid AI risks.
  • Plan: NFTs bound to celebrities/musicians as characters in treasure hunts, enabling independent content distribution.

Notable legal/brand note

  • Claims to hold the trademark to “$STAR” across crypto categories; positioning as the “one legitimate STAR.”

L1X/Quantum DEX and liquidity lock (later comment)

  • Later in the session, Sponstar added that a substantial portion of pool liquidity on L1X’s Quantum DEX is “locked in perpetuity” (burned into an NFT, key discarded) to signal long‑term commitment and deter rug concerns.

Project 2: On‑Chain Lottery (Internet Token / “ing TV”)

Speaker name not provided; self‑described as a core contributor.

What it is

  • A fully on‑chain, autonomous lottery protocol powered by trading activity in the project’s token (“Internet Token”/ING; the project branding also referenced “ing TV on‑chain lottery”).
  • Community‑run, DAO‑governed; anonymous founder is no longer involved. No team, no VCs, no presale; fair launch.

Lottery mechanics and prizes

  • Weekly lottery with guaranteed winners; progressive jackpot has a 10% weekly chance to hit, otherwise it rolls over using accumulated fees.
  • Prize structure (as stated by the speaker; note the internal inconsistency):
    • Early description: 10 secondary prize winners (100,000 tokens each) plus 1 main prize winner receiving ~50% of ticket fees.
    • Later recap: “9 secondary winners” + 1 main prize winner. The speaker used both figures at different times.
  • Recent ballpark figures (speaker‑reported): weekly main prize value roughly $3–5k; progressive jackpot near ~$50k at time of speaking.

How tickets are generated

  • Tickets are not sold directly. They are generated via buy‑side trading fees on the token in a protocol‑owned liquidity pool.
  • For every $5 in buy‑side trading fees, one weekly lottery ticket is minted. Sells do not generate tickets.
  • “Ticket Automator” tool on the website: lets users request a target number of tickets; it programmatically wash‑trades within the pool to create the required buy‑side fees and mint the tickets (users need not hold the token afterward if they choose).

Funding flows and distribution

  • The same fees that generate tickets simultaneously fund:
    • The weekly prize pool and the progressive jackpot.
    • Treasury income.
    • Weekly revenue share and small airdrops to token holders (proportional to holdings).

Governance and operations

  • DAO‑controlled parameters via 5‑day voting process.
  • Fully transparent, on‑chain, and autonomous; has run for 78–80 consecutive weeks (1.5 years live), per speaker.

Token flywheel effect (speaker’s framing)

  • Ticket generation via the Automator creates net buy pressure (~$5 per ticket), potentially increasing token price and thus the prize pool.
  • Larger prize pools are argued to drive greater ticket demand, which further increases buy pressure—creating a positive feedback loop. Similarly, large accumulations by whales can kick‑start the loop.

Project 3: Olympus X

Speaker name not provided; founder described personal background and thesis.

Problem framing

  • Current crypto landscape has too many rugs/scams and fragile token designs.
  • Real, durable innovations cited: Bitcoin (digital gold), Ethereum (programmability), Uniswap/Aave (core DeFi primitives), and stablecoins.
  • Retail tends to chase highly speculative/meme assets and gets hurt; institutions accumulate BTC/ETH/top L1s.
  • Users ultimately want price appreciation, yield, and sustainability—few tokens are backed by anything fundamental, leading to one‑cycle pumps and permanent drawdowns.

Core thesis and design

  • Back the Olympus X token with ETH in a decentralized treasury.
  • Constantly accumulate ETH and “put it to work” via:
    • Validators.
    • Liquidity provision on exchanges (Uniswap as enabling tech for protocol‑owned liquidity and fee capture).
    • General focus on yield sources (e.g., stablecoin and exchange revenue dynamics).

Incentive design to “stop red candles” (speaker’s words)

  • Reward “diamond hands” stakers and disincentivize market sells through exit pathways:
    • Market sells: 38% tax.
    • Limit order sells: 8% tax.
    • Exit via liquidity‑providing (LP removal): 0% tax.
  • Taxes collected in ETH (not Olympus X) to avoid the reflexive sell pressure flaw common to tax tokens.
  • Project provides its own UI to make tax‑aware pathways clear and easy.
  • Intended effects:
    • If users exit via LP or limits, charts avoid large red candles.
    • When users do sell, stakers get paid, the treasury accrues ETH, and the protocol strengthens over cycles.

Value proposition

  • A token explicitly backed by ETH with staker rewards funded by protocol revenues and sell‑side taxes.
  • Seeks sustainability and resilience across cycles, as opposed to momentum‑only designs.

Project 4: Aggrefi (also heard as Agri Phi/Aggrefy)

Speaker: Richard (founder).

Mission and vision

  • Blockchain‑powered platform bridging traditional agriculture and DeFi to foster financial inclusion, transparency, and sustainable farming.
  • Serve farmers, investors, and broader stakeholders via smart contracts, tokenized assets, and transparent supply chain data.

Problems addressed

  • Traditional funding (banks/co‑ops/subsidies) is slow, limited, and often inaccessible to smallholder farmers lacking collateral or credit history.
  • Capital bottlenecks depress agricultural output and food supply, contributing to inflation; impacts both local and global markets.

Solutions and mechanics

  • Decentralized funding via DeFi lending: farmers tokenize assets and secure capital trustlessly without intermediaries, reducing cost and delay.
  • Tokenization of farmland as on‑chain NFTs:
    • Field agents collect KYC/land titles/soils data from willing farmers during the pilot.
    • Data hashed into metadata; NFTs represent specific plots with attributes such as soil moisture/fertility, crop plan, and yield updates.
  • Real‑time tracking with IoT sensors for operational transparency:
    • Monitor soil and crop conditions; push data on‑chain for investor dashboards.
  • Investor participation:
    • Invest fractionally or wholly into a farmland NFT, earning from agricultural performance and structured revenue flows.

Carbon credits and additional revenues

  • Soil carbon measurement and verification (potential partners mentioned: Verra) to issue carbon credits.
  • Credits sold to high‑emission industries/countries (speaker referenced demand from places like Saudi Arabia), creating an added revenue line.
  • Positioning Africa’s resource advantages (labor, fertilizer, favorable weather) as a foundation for scalable credit generation and crop output.

Token and governance

  • Native token referenced by the speaker as “AFT/DFC” (nomenclature was inconsistent in the talk).
    • Utilities: gas fees, staking, DAO/governance participation within Aggrefi’s ecosystem.

Rollout and community

  • Pilot program to launch with a network of local agents onboarding farms and data.
  • Transparent, on‑chain data for sponsors and investors.
  • Open to partnerships, sponsorships, and content creators; incentive program planned. Communication channels (Discord, Telegram, website) are active.

Project 5: Only Founders

Speaker name not provided.

Problem framing

  • Web3 fundraising has imported Web2’s access‑gating: insiders win, execution merit and retail lose; public rounds often serve as exit liquidity.
  • Under‑networked founders (emerging markets, outside elite schools/clubs) lack access to capital despite merit.

Audience served

  • Ambitious founders needing signal generation and structured, credible fundraising pathways.
  • Retail investors seeking access to quality early‑stage opportunities without insider connections.

Product architecture (dual‑layer)

  • onlyfounders.fan (launching in days on Solana):
    • Viral, low‑friction launchpad for founders to spin up tokens and “mini‑economies” around their brand/startup.
    • Oriented toward “founder capital markets” vs. creator‑only markets; speaker contrasted with Pump‑style metas.
  • onlyfounders.xyz:
    • Serious, human‑in‑the‑loop, AI‑assisted pre‑token raise platform with investor discovery and founder education.
    • Competitive landscape mentioned: Echo, Legion.
  • Native token: OFT (protocol‑native liquidity, deflationary).
  • AI layer: a swarm of AI agents (“critical” per speaker’s label) plus an AI Academy guiding readiness, diligence, and upskilling across the journey.
  • Chain stance: chain‑agnostic long‑term (solutions‑first for end‑users; Solana for .fan launch).

Traction and ecosystem

  • ~200 active founders/advisors (speaker said “founders and vendors”).
  • ~27,000 early‑access sign‑ups (lesson: don’t run early‑access too early, per speaker reflection).
  • 80+ partners across market makers, LPs, CEXs, advisors/mentors, syndicates, grant committees, creatives—“startup in a box” support.

Incentives and identity

  • Integrations planned with decentralized identity providers; potential to aggregate PIDs to reward proven contributors and nudge others via proof‑of‑work learning modules.
  • Aim: pre‑token merit proof, curated investor access, and founder training—measurable path from engagement to funding.

End goal

  • Enable early and later‑stage teams to access capital without equity/cap‑table dilution; rewire capital formation/allocation to reward execution and retail participation.
  • Cultural shift aspiration: from PvP (player vs player) to more collaborative dynamics (speaker referenced “PPP”).

L1X sponsor spotlight and closing remarks

  • Cody reiterated L1X’s core ethos: uniting projects, chains, and users toward a chain‑agnostic UX where speed, security, and cost are not sacrificed.
  • Quantum DEX: multi‑chain liquidity aggregation and quantum‑resistant security; anti‑rug features and “release pool.”
  • Liquidity program: up to ~$2M in liquidity for new listings (per Cody), with observed strong post‑launch performance for many projects.
  • Sponstar added a relevant investor‑protection note: a large portion of their pool liquidity is locked “in perpetuity” via NFT burn.
  • Call to action: Projects can DM to get on future Wednesday episodes (8am ET / 12pm UTC). Listeners encouraged to follow, ask questions in threads, and DYOR.

Cross‑session highlights and themes

  • Real‑world meets on‑chain:
    • Sponstar and Aggrefi both push RWA integrations—IRL check‑ins/rewards and tokenized farmlands/carbon credits—backed by first‑party data and IoT.
  • Sustainability and alignment:
    • Olympus X focuses on treasury‑backed value, staker rewards, and incentive design (sell‑path taxes) to discourage destructive market behavior.
    • On‑Chain Lottery emphasizes transparent, autonomous operations funded by protocol‑owned liquidity and fee‑driven ticketing.
  • Access and merit:
    • Only Founders aims to democratize early‑stage capital access, rewarding proof and engagement over insider status, with AI‑guided readiness.
  • Interoperability and infrastructure:
    • L1X positions itself as a substrate for multi‑chain UX and security, with tooling (Quantum DEX) oriented to safer liquidity and growth.

Notable speaker‑stated metrics and claims

  • Sponstar: up to 80% conversion of event attendees to on‑chain users; avg 8 locations/day; top users 100+ locations/day; $STAR trademark claim in crypto categories.
  • On‑Chain Lottery: ~78–80 weeks live; weekly prize pool ~$3–5k; progressive jackpot near ~$50k; secondary‑winner count stated both as 10 and later 9 alongside 1 main winner.

How to engage further

  • All teams invited listeners to follow their socials and ask questions in the thread for asynchronous replies.
  • Cody encouraged projects to apply for future slots and consider L1X/Quantum DEX for launches and liquidity programs.