Injective as a guideline in the crypto industry

InnaKondratova
4 min readOct 24, 2024

What attracts more and more people to Injective? Firstly, its unique approach to decentralized finance (DeFi), secondly, innovations in the field of tokenization of real assets (RWA), thirdly, its cool.

Unlike other projects, Injective offers users access to assets previously unavailable in DeFi, it creates a bridge between traditional finance and blockchain. And this is impressive, especially the latest integrations and successes, such as the launch of the tokenized index BUIDL from BlackRock and participation in the coalition of tokenized assets. Injective gives users access to assets that were previously available only to large institutional investors, such as US Treasury bonds. This significantly expands the possibilities for retail investors. Moreover, support for more than 11 tokenized assets on the network is a claim to Injective’s leadership in this field.

Only forward!

Also very pleasing is the high activity of developers. Recently, the platform has introduced two new bounties via DoraHacks that encourage the creation of applications based on the Injective ecosystem. These are bounty programs aimed at developing tools for optimizing profitability and meme coins. More and more creative and talented developers are becoming members of the community.

I would like to pay special attention to how the project interacts with world leaders and organizations. For example, Injective’s participation in a large coalition on tokenized assets, which includes Coinbase, Circle and other giants. This shows the project’s clear commitment to global influence and standardization in the blockchain and DeFi space. With these connections and support, Injective is moving very quickly towards global adoption and standards. Injective is shaping the future of finance, and these are not just words, but reality.

Events, Hackathons, and Giveaways

Projects worth mentioning include Token2049 and Korea Blockchain Week. Projects of this scale speak to Injective’s recognition on the global stage. These events discussed the latest advances, including the tokenization of real assets and new DeFi solutions. In partnership with Google Cloud, the Injective team organized important panels and events, attracting the attention of the entire industry.

The events showed how Injective is pushing the boundaries of blockchain by merging traditional finance with decentralized solutions. Important panels and networking sessions gave all participants the opportunity to directly interact with industry leaders and exchange insights, establish new contacts, and discuss joint projects. This has laid a good solid foundation for developing new strategies, forming collaborations and finding fresh solutions. This is important not only for Injective, but for the entire crypto community.

But what is especially inspiring is the project’s participation in hackathons. Together with Bybit and the Dubai government, Injective organized a global hackathon offering developers a platform for creating new solutions in the Web3 field. This shows that the project is not just developing new technologies, but also actively engaging the community in creating innovations.

To increase the engagement of its community, Injective offers unprecedented giveaways and interesting activities. For example, traders on Helix were offered a chance to win a Mercedes G-Wagon in the “Like a G” contest.

Paxos and Income Stablecoins

Of particular note is Injective’s partnership with Paxos International, which launched the income stablecoin wUSDL on the platform. This asset allows users to receive dividends from the yield of treasury bills, with an annual rate of 4.7%. Thanks to this integration, users can easily interact with real assets based on the blockchain. The wUSDL stable can be used for trading, lending, and other DeFi operations. This is cool because we are witnessing the unification of the old and new worlds.
Injective stands out from other projects not only with cool technological solutions, but also with how skillfully it connects traditional finance with the world of DeFi. This is a platform that combines the best of both worlds. Injective’s innovations open up new opportunities for all participants. This approach makes the project as successful as possible and sets standards for the entire industry.

The Future of Injective

Injective is confidently moving forward, creating infrastructure for tokenized assets and expanding the DeFi ecosystem. Integrations with well-known companies, holding large-scale events.

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InnaKondratova
InnaKondratova

Written by InnaKondratova

Ambassadors, content maker, contributor

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