10-Min Pitch: Projects Be Shill’n

The Spaces brought three 10‑minute startup pitches plus a brief host segment. Ravi XKR introduced YieldFi, an on‑chain asset manager packaging blue‑chip DeFi yields (e.g., Pendle, Morpho, Aave, Euler) into simple tokens (e.g., yUSD), delivering non‑custodial, transparent, attested strategies across ~11 chains, with reported ~10–15% APY on stablecoins, ~7–8% on ETH, and ~5% on BTC, and roughly $150M in TVL. Valerie presented Global Auto Chain (GAC), a TON‑based decentralized platform unifying end‑to‑end used‑car transactions—inspection, logistics, insurance, financing, and payments—via smart‑contract escrow; the EU‑anchored venture (Estonia entity, trademark filed) has an MVP nearly ready and is raising a pre‑seed for product, marketing, and legal scale‑up. Iwan pitched Project Elrim (aka Eldrum), an Unreal Engine mobile/PC action RPG with dragon riding, breeding, and kingdom building; NFTs enable ownership and trading, AI companions are planned, monetization focuses on cosmetics (not pay‑to‑win), a pre‑alpha is targeted in 2–3 months, a quest app and an Origins NFT mint (Nov 11) are imminent. Host Cody closed with Layer 1X: a bridgeless L1 enabling asset/data/logic movement across EVM and non‑EVM chains, a quantum‑resistant Quantum DEX (62 listings, ~$4M liquidity, mobile support), liquidity loans up to $2M, and L1X Play to aggregate multi‑chain games.

10-Minute Pitch Show (Crypto) — Session Summary

Format and Ground Rules

  • Host: Cody
  • Show structure: Each project gets 10 uninterrupted minutes to present.
  • No token price talk: Projects must avoid any discussion that could manipulate market behavior.
  • Focus areas: Tokenomics, business model, product/game design, problem/solution, architecture, and risk management.
  • Q&A: Listeners can post questions in comments (tag the project); if time permits, questions may be addressed live.

Project 1: Yield 5 (also referenced as Yield Fi)

Presenter and Contact

  • Presenter: Ravi XKR (Leads Marketing at Yield 5)
  • Contact: Active on Telegram and Discord; direct outreach to Ravi XKR encouraged for proposals/integrations.

Problem Landscape

  • DeFi yields are abundant yet difficult to capture for most users due to complexity, fragmentation, and risk.
  • Operating strategies is not ideal for small capital or non-technical users.
  • DeFi is distributed across hundreds of protocols and dozens of chains; users must constantly chase yields, evaluate borrow rates, and conduct diligence on underlying assets (e.g., stablecoin pegs)—creating friction and risk.

Solution and Product Design

  • Yield 5 is building an on-chain asset manager (a fund-of-funds for DeFi): “like a BlackRock for DeFi.”
  • Aggregates fragmented yields across Tier-1 blue-chip protocols (explicitly cited: Pendle, Morpho, Aave, Euler) and packages them into simple, high-performing, yield-bearing tokens:
    • Examples: yUSD and vyUSD.
  • Operation model:
    • Users deposit; capital is deployed into diversified Tier-1 strategies.
    • Yield accrues directly to token holders.
    • Designed to be permissionless, non-custodial, transparent.
    • No lockups, no hidden fees, no centralized intermediaries.
  • Cross-chain presence: Active across approximately 10–11 chains.
  • Portfolio breadth: Many strategies deployed, horizontally spanning protocols and chains.

Yield Profile and Current Scale

  • Indicative yields (as stated):
    • Stablecoins: ~10–15% APY.
    • Certain assets (non-stable): ~7–8% APY.
    • Bitcoin: ~5% APY.
  • Scale: Around 150 million in capital deployed; grown over the last 6–7 months.
  • Adoption: Institutions and whales are participating; retail users gain access to stable passive yield without active management.

Market Context and Evolution of On-Chain Yield

  • Historical user capital often sat idle; returns were primarily price-action dependent, which proved unreliable for many.
  • Early yield primitives: DEX LPing and staking—manual, often high risk; many users “burned their hands.”
  • Next phase: Lending markets and liquid staking derivatives improved UX (dashboards, calculators, rate vehicles) but remained fragmented across protocols and chains.
  • Current phase: Tokenized, composable yield layer—greater automation, verifiable yield, and cross-chain composability.

Transparency and Risk Controls

  • Yield 5 emphasizes a “don’t trust, verify” approach:
    • Maintains a transparency page listing every wallet and strategy; users can explore strategy details.
    • Third-party attestations are integrated for collateral and strategies—enhanced in response to a recent market “Black Friday” crash to reduce LP panic.
  • Ethos: Aligns with core Web3 principles of permissionless design and verifiability.

Positioning vs. Market Peers

  • Acknowledges precedent in yield-bearing stablecoins (citing “Athena” with a ~$7B market cap and basis-trading model; suggestive of broader market demand not yet fully captured).
  • Yield 5 differentiates by:
    • Multi-chain, multi-protocol aggregation across Tier-1 blue chips.
    • A diversified strategy set and permissionless access.
    • Consistent, risk-adjusted yields with real-time transparency.

Roadmap and Partnerships

  • Scaling: Exploring how to grow substantially beyond current TVL.
  • Collaboration: Prefers a partner-led approach rather than dominance by a single player.
    • Works with lending protocols and DEXes.
    • Present wherever DeFi is a core focus (explicit mentions: Plasma DeFi, Katana, Sonic), aiming to participate from early stages of ecosystems.
  • User experience goal: A “boring” but highly transparent protocol focused on steady double-digit APY and instant liquidity (withdrawals at a moment’s notice, including for margin management).

Project 2: Global Auto Chain (GAC)

Presenter and Team

  • Presenter: Valerie
  • Team composition: Expertise across crypto, the targeted automotive market, international trade and logistics, luxury retail, and legal compliance.
  • Founder background: Over 10 years in international trade; experience building automated companies across Europe (including Ukraine) into vertically integrated structures; historically handled niche commodities with peak revenues reaching ~$30M.

Mission and Market Problem

  • Mission: Make buying and selling cars as fast and transparent as ordering from an online store.
  • Problem: The global used-car market is chaotic—too many intermediaries, hidden fees, and substantial scam risk—leading to deep mistrust.
    • Consumers often overpay up to a third of the car’s price and wait weeks to close.
    • Peer-to-peer international transactions are practically eliminated by inefficiency.

Product and Protocol Design

  • Building the first decentralized platform for buying, selling, insuring, delivering, and renting cars—powered by the TON blockchain (spoken as “tone block chain”).
  • Deal execution via smart contracts:
    • Funds locked in escrow.
    • Car is inspected and delivered.
    • Payments released only after all obligations are confirmed as duly and correctly executed.
  • Supports both fiat and crypto.
  • Key innovation: Unified, end-to-end deal flow inside a single protocol:
    • On-chain car inspection ordering.
    • User choice among logistics providers (with transparent terms and pricing).
    • Insurance providers selection.
    • Financing and payments—all orchestrated in one seamless chain.
  • Outcome: Converts a fragmented, weeks-long process into a transparent, faster, and safer transaction flow under one protocol.

Market Size and Entry Strategy

  • Global auto trade is ~$1T with ~10% annual growth.
  • Entry point: European Union (EU) due to strong regulation and transparency.
    • Legal entity incorporated in Estonia.
    • GAC trademark submitted and documents received.
  • Strategy: Early, robust compliance to enable scaling into Central & Eastern Europe, UAE, Southeast Asia, and potentially Africa (watching purchasing power and development trends).

Traction and Financing

  • MVP: Up and running; new features integrated this week; ready for presentation by end of the week.
  • Founder investment: ~$200,000 of founders’ capital to demonstrate traction and dedication pre–pre-seed.
  • Pre-seed raise: Intended to fund final product development, marketing, scale-up, and legal structuring in key regions; runway target of up to 12 months.
  • Business plan details: Available under NDA upon request.

Call to Action

  • Interested parties invited to DM Valerie for deeper discussions and materials.

Project 3: Project Eldrum (also referenced as Project Elrim)

Presenter and Team

  • Presenter: Iwan (Founder)
  • Team: Indie studio in Romania with senior talent; ~5 full-time developers and ~10 part-time/on-sprint contributors.
    • CEO: George (“Danji”)—former technical director on Assassin’s Creed; 17+ years experience; Unreal Engine trainer.
    • Senior developer: Dragosh—24+ years in gaming.
    • Collective pedigree: Past roles at Ubisoft, Amber, and other major studios; contributions to titles like Call of Duty, Assassin’s Creed, and League of Legends.

Vision and Ecosystem

  • Building an IP ecosystem of games where NFTs and tokens have utility across multiple titles.
  • Flagship game: A 3D third-person action RPG for mobile and PC, developed in Unreal Engine.
    • Fantasy setting: Players are Dragon Riders and can become kings by building and expanding kingdoms.
    • World design: Floating sky islands; AI-driven procedural generation for personalized content.
    • Core loop and identity: “Game of Thrones meets Pokémon” with real digital value.
    • Player agency: Raise dragons (unique traits and bloodlines), trade them as NFTs.
    • AI companions: Roadmap includes integrating AI companions (Jarvis-like) to assist and enhance player journeys.

Differentiation and Monetization

  • Focus on mobile-first for dragon riding, breeding, kingdom-building, and AI—leveraging advances in mobile tech and Unreal Engine capabilities.
  • Design philosophy: Fun-first and true digital ownership.
  • Hybrid monetization: Free-to-play blended with NFTs and tokens.
    • Strong stance against “gotcha” and pay-to-win; prioritizes balance.
    • Monetization oriented toward skins/cosmetics (bragging rights), aligning with enjoyment without forcing microtransactions.

Market References and Benchmarks

  • Inspiration from top-performing games in revenue and player counts (examples cited include a survival title achieving tens of millions of early-access players and substantial first-year revenue; and Genshin Impact for multi-platform, free-to-play success).
  • Intent: Learn from successful models while avoiding predatory monetization.

Build Status and Near-Term Roadmap

  • Development: Third prototype complete; aiming to release the first pre-alpha in ~2–3 months.
  • Upcoming:
    • Early November: Launching a quest platform linked to a “creature app” (Tamagotchi-like) for daily quests and raffles; showcases creatures from the main game—acts as a window into the core experience.
    • November 11: First “Origins NFT” mint—limited early adopter packs with in-game benefits (e.g., VIP passes, “Dragon keepers” to feed dragons daily).
      • The Origins NFTs represent the first generation of dragons.
      • Limited schemes inspired by a partner’s logo (mentioned as “Say network”).
  • Token/NFT utility: Multiple utilities planned across the ecosystem.

Call to Action

  • Invitation to join the community, learn more, and follow progress; the team emphasizes passion and traction from early observers.

Host Segment: Layer 1 X (L1X) – Quick Pitch

  • Host: Cody
  • Positioning: Fully decentralized, bridgeless blockchain focused on interoperability (branded as “XBox” in the talk).
    • Supports asset movement across EVM and non-EVM chains.
    • Extends interoperability to data and logic—useful for games, DeFi, and broader Web3 applications.
  • Architecture: Custom VM and consensus built from scratch to enable bridgeless interop; aims for cheaper, faster transactions and interactions.
  • Quantum DEX:
    • Age: ~140 days live.
    • Adoption: 62 projects listed; >$4M liquidity.
    • Features: Mobile access; swap across pools; add liquidity; build/launch tokens directly from the DEX.
    • Security: “Quantum resistant” design.
    • Launch support: Offers liquidity loans up to $2M to help stabilize token launches.
  • L1X Play (Gaming initiative):
    • Objective: A unified gaming platform tied to the user’s wallet, enabling play across multiple games regardless of chain.
    • Goal: Onboard users daily, increase native transactions on L1X, and aggregate multi-chain games in one interface.
  • Community: Active on Discord and Telegram; DMs open for questions.
  • Schedule reminder: The show airs every Wednesday at 8:00 AM EST.

Key Takeaways

  • Yield 5/Yield Fi is tackling DeFi yield fragmentation with a transparent, on-chain, multi-chain asset manager and yield-bearing tokens (e.g., yUSD, vyUSD). Emphasis on verifiable strategies, third-party attestations, and consistent double-digit stablecoin APY without lockups.
  • Global Auto Chain is building a TON-based protocol to unify the entire automotive transaction stack—inspection, logistics, insurance, financing, and payments—via smart contracts, targeting faster, safer, more transparent used-car deals starting in the EU.
  • Project Eldrum is an indie gaming ecosystem with senior AAA pedigree, building a mobile/PC 3D action RPG around dragon ownership and kingdom-building, integrating NFTs and planned AI companions, with a player-friendly monetization approach and near-term NFT and community platform launches.
  • Layer 1 X underscores bridgeless interoperability for assets, data, and logic, plus a fast-growing Quantum DEX and a cross-chain gaming platform vision (L1X Play) to unify gaming experiences across chains.

Contacts and Engagement

  • Yield 5: Telegram/Discord; direct contact: Ravi XKR.
  • Global Auto Chain: DM Valerie for details and NDA-bound business plan.
  • Project Eldrum: Follow the team and join community channels for updates (pre-alpha and Origins NFT mint in November).
  • Layer 1 X: Active on Discord and Telegram; DM for more information.