TeaDAO is a decentralized metaverse reserve currency for GameFi, offering instant liquidity for NFTs through the NFT-as-Bonding-Assets mechanism. It allows GameFi projects to create an NFT Liquidity Pool by providing liquidity (stablecoins) into the TeaDAO treasury. These stables are used to mint TEA. Users can then sell NFTs into the pool and receive TEA (which is backed by stables that the GameFi projects have deposited into the treasury) in return. Once NFTs are sold into the pool, they are under the control of the GameFi projects.
Joystream is a blockchain-based video platform that enables developers to build applications on it, providing opportunities to create decentralized versions of video applications. Joystream seeks to offer video creators alternative ways to monetize their content, not depending solely on advertising. They can sell their videos as NFTs and turn their channels into tokens, allowing anyone to invest in the creator and receive a share of their revenue.
