Momental
Momental is a Web3 platform specializing in creating dynamic, data-driven digital collectibles, described as "Living NFTs." The company partners with sports teams, athletes, and brands to transform key moments into evolving digital assets. Unlike static NFTs, Momental’s collectibles are designed to change their appearance and metadata over time based on real-world events and data streams.
The platform is built on the Hedera network, utilizing its unique capabilities to power these dynamic assets. For example, a digital trading card of an athlete, minted as an NFT on the Hedera Token Service (HTS), can automatically update to reflect their latest game statistics, career achievements, or even video highlights. The Hedera Consensus Service (HCS) is used to ingest and provide a transparent, tamper-proof record of the real-world data feeds that trigger these updates. This ensures the authenticity and verifiable history of each change to the "Living NFT."
Through partnerships with organizations such as the SSU rugby team in South Africa, Momental provides a novel way for fans to own a piece of their favorite team's journey.
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Stader Labs is a multi-chain liquid staking platform that provides a secure and efficient way to earn staking rewards while maintaining asset liquidity. It was launched in 2021 and has since extended its services across several major blockchain networks, including Hedera where it offers a liquid staking solution centered around the HBARX token.
When users stake HBAR tokens through Stader's platform, they receive HBARX, a liquid token representing their staked HBAR. This mechanism allows HBAR holders to continue participating in the DeFi ecosystem with HBARX, engaging with protocols including SaucerSwap and HeliSwap for additional yield opportunities, while still accruing staking rewards. The HBARX token is designed to increase in value relative to HBAR as staking rewards accumulate in the pool, with an auto-compounding feature managed at the smart contract level.
Stader Labs emphasizes security, subjecting its smart contracts to multiple third-party audits from firms such as Halborn, Peckshield, and Sigma Prime. The platform's architecture on Hedera aims to contribute to network decentralization by distributing staked HBAR across various nodes.