The Smart Contract Innovation Index aims to capture the true ethos of novel smart contracts. A frontier of smart contract use cases.
Current Smart Contract indexes have an over-emphasis on layer 1, layer 2, and decentralized exchanges(DEXs), leading to lack of diversification, and many of which are direct copies of each other. These investment themes can be better served under “Defi” or “Platform” monikers.
Therefore, the SCII selects components that:
Components
LINK: 46%FIL: 15%
HEX: 11%
GRT: 10%
AR: 8%
GNO: 3%
ZRX: 2%
ANT: 2%
NMR: 1%
DAO: 1%
DHT 1%
LINK (Chainlink): Oracle network providing secure and reliable data feeds to smart contracts. Crucial for real-world applications of DeFi and other blockchain-based systems.
FIL (Filecoin): Decentralized storage network offering secure and efficient data storage and retrieval. Aligns with the ethos of decentralized infrastructure.
HEX (Hex): This token represents the first ever cryptocurrency to monetize time directly, in a complete and closed smart contract system which has spawned many copy cats. Hex has a unique inflationary/deflationary mechanism.
GRT (The Graph): Indexing protocol that makes data easily accessible on blockchains, facilitating the development of decentralized applications (dApps).
AR (Arweave): Permanent storage network for data and applications, ensuring data immutability and accessibility.
GNO (Gnosis): Prediction market platform enabling users to trade on the outcome of future events. Fosters decentralized decision-making and information markets.
ZRX (0x): Decentralized exchange protocol enabling peer-to-peer token swaps. Facilitates efficient and decentralized trading.
ANT (Aragon): Platform for creating and managing decentralized organizations (DAOs). Promotes decentralized governance and community-driven initiatives.
NMR (Numeraire): Cryptocurrency used for funding and incentivizing quantitative finance research within the Numerai platform.
DAO (MakerDAO): Decentralized stablecoin platform (DAI) and lending protocol. Represents the core principles of decentralized finance.
DHT (dHedge DAO): Governs the dHedge asset management protocol, allowing holders to influence its development and potentially earn rewards within the ecosystem.