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1/ Last week, eight teams graduated from @alliance Accelerator’s 11th cohort (ALL11) to build great companies. These founders will now join Alliance DAO where they’ll share their experiences and learnings with other alumni and future Alliance founders.
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2/ In this thread, we’ll share some insights on each company. You can also check out TechCrunch's coverage of ALL11’s Demo Day with highlights and more: https://twitter.com/jacqmelinek/status/1714703345871458513
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3/ Inco Network expands the EVM, allowing applications to use private data and state. Inco leverages an efficient implementation of Fully Homomorphic Encryption (FHE) as precompiles within the EVM. Devs can now use Solidity to write apps that handle private information.
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3b/ @remigai and team are inching closer to Inco’s mainnet launch. While we think private DeFi and DiD will flourish, we’re already seeing teams building on-chain games on the Inco Network. https://twitter.com/framed_gg/status/1716849776183148626
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4/ Upshield reimagines web3 security as an ongoing process, rather than a point-in-time concern (e.g., conducting an audit after implementation). UpShield therefore goes beyond basic auditing to cover attack surfaces of front ends, deployment infra and social channels.
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4b/ @paulvijender and @ptonewreckin launched UpShield’s beta and security minded devs are already paying to use it because it gives them an automated SaaS equivalent to a Chief Security Officer.
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5/ Tazz takes a very differentiated approach to DeFi lending. Today, DeFi borrowers must lock their collateral in a specific lending protocol. But the collateral must be pre-approved, typically through the slow process of governance.
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5b/ Tazz solves this by allowing borrowers to issue debt tokens for collateral. These debt tokens can trade anywhere. Buyers of debt tokens therefore extend a loan to the borrower at a fair market price. No pre-approvals needed.
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6/ Tailwind is solving for Cosmos's painful UX. Cosmos users know how painful it is to move assets between IBC chains. Different gas tokens are needed for each new chain and assets quickly become fragmented across chains. It’s a nightmare to track.
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6b/ Tailwind solves this through its user-friendly Smart Contract Wallet for Cosmos. Bao has designed a product that abstracts the complexities of the IBC. Assets are unified across IBC zones and DeFi operations can be performed across zone boundaries from a single interface.
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