Top 3 Institutional-Focused L1s Putting Communities Before VC

What Are Institutional-Based L1 Blockchains? 

Institutional-based Layer 1 (L1) blockchains are the bedrock for large-scale business operations in the digital age. These blockchains are specifically crafted for the needs of corporations, financial institutions, and enterprises looking to leverage blockchain’s potential. Unlike the typical L1 blockchains that cater to the retail crypto enthusiast, these are built with an eye on scalability, compliance, and security to meet the stringent requirements of big business. 

They provide a foundation for creating decentralized applications (dApps) that require speed, efficiency, and capacity to handle enterprise-level transactions. Institutional-focused Layer 1 blockchains are designed to support large-scale operations with features that ensure security, regulatory compliance, and interoperability with existing systems. 

They play an important role in integrating blockchain technology into traditional financial ecosystems, allowing banks to conduct transactions that are secure, transparent, and settled instantly. They also enable supply chain companies to trace products from production to consumption with exceptional transparency and efficiency.

The Significance of Institutional-Based L1 Blockchains 

The significance of institutional-based L1 blockchains goes far beyond just another tech trend:

• Scalability: Imagine a network that can process thousands, if not millions, of transactions per second, like a superhighway for your data. This is what these blockchains offer, making them invaluable for institutions that operate at a scale where every second counts.
• Compliance: In a world where regulations are as much a part of business as the products themselves, these blockchains come with built-in solutions like KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance. This makes them a perfect fit for sectors like banking, where legally compliant operations are non-negotiable.
• Security: With institutional money on the line, security isn’t just a feature; it’s the foundation. These blockchains employ advanced security protocols to guard against hacks and breaches, similar to having a digital Fort Knox for your assets.
• Interoperability: The dream of a seamless digital economy where different blockchains and traditional systems can talk to each other is made possible here. They’re like the universal translators of the blockchain universe, ensuring that your digital assets can move freely across different platforms.
• Real-World Use Cases: From tokenizing physical assets like real estate or art to creating transparent supply chains or revolutionizing voting systems, these blockchains offer practical solutions that can transform industries. Picture a world where buying a house involves a few clicks on a blockchain platform, with all parties transparently seeing the transaction from start to finish.
• Innovation Catalyst: They’re not just tools but catalysts for innovation, pushing the boundaries of what’s possible with blockchain technology. They inspire new business models, like decentralized finance (DeFi) platforms for banks or tokenized securities for investors. For instance, consider a scenario where an international bank uses an institutional L1 blockchain to process cross-border payments almost instantly, cutting down on time and costs, a real-world testament to blockchain’s transformative power.

Top 3 L1s Prioritizing Community Engagement 

Here’s are three L1 blockchains that prioritize the community over venture capital:

VOI (Voi Network)

• What VOI Is:VOI is a multi chain ecosystem that prioritizes community and ecosystem health over traditional venture capital funding models. Built on principles of decentralization, VOI leverages existing free technologies and adopts new advancements, ensuring that the network remains adaptable and focused on the true value of blockchain for various industries including Residential, Office, Industrial, Hospitality, Healthcare, Education, Civic, Retail, and Events.
• What VOI Does:VOI uses blockchain to provide solutions across multiple sectors by enabling secure, transparent, and efficient operations. It simplifies complex transactions through smart contracts, making everything from property leasing in Residential and Office spaces to supply chain tracking in Industrial sectors straightforward. VOI’s technology also supports community-driven initiatives in Hospitality, Healthcare, and beyond, ensuring that every interaction is transparent and fair.
• Focus: VOI’s focus spans several industries, aiming to:
• Residential: Digitize property management, enhancing transparency and efficiency.
• Office: Streamline asset management and tenant services.
• Industrial: Provide traceability and verification of goods.
• Hospitality: Manage bookings, loyalty programs, and guest experiences.
• Healthcare: Secure patient data and streamline administrative tasks.
• Education: Facilitate secure record-keeping and certification.
• Civic: Improve voting mechanisms and public project transparency.
• Retail: Enable supply chain transparency and customer rewards.
• Events: Manage ticketing and event logistics with reduced fraud.

VOI’s approach ensures that each sector benefits from blockchain’s core advantages, tailored to meet specific industry needs.

• Strategic Vision:VOI envisions a blockchain ecosystem where 75% of its market cap is allocated to earned incentives over 20 years, focusing on rewarding builders, users, and evangelists. This vision ensures that the ecosystem is owned and driven by those who actively add value, aligning incentives with long-term ecosystem health and growth across all managed industries.
• Technology:VOI employs a Proof of Stake (PoS) system with the Fast Byzantine Agreement protocol for consensus, offering scalability with over 10,000 transactions per second and instant finality. This technology supports VOI’s multichain architecture, allowing specialization by industry while maintaining a unified governance and incentive system. The use of Voi ID further enhances user interaction across different sectors by providing secure, user-friendly identity verification.
• Community Engagement:VOI’s community engagement is profound, with governance tokens distributed to encourage participation in decision-making processes. The community not only governs but also actively contributes to the ecosystem’s development, from proposing new projects to running nodes. This engagement ensures that VOI’s direction and evolution are community-led, fostering true ownership and value recognition across all sectors it serves.
• Roadmap:VOI’s roadmap includes expanding its influence in the listed industries, with a focus on developing sector-specific applications, enhancing community tools, launching new tokens for specialized uses, and implementing incentive programs to keep the community engaged. The emphasis is on sustainable growth through community-driven innovation.
• What VOI Has Been Up To This New Year:VOI has been advancing its ecosystem by introducing new community initiatives, accelerating the development of sector-specific solutions, and enhancing its governance model to further empower its users. They’re also focusing on integrating new technologies to stay at the forefront of blockchain application in diverse markets.
• Conclusion:”The Blockchain of Managed Sectors,” VOI is redefining how industries operate by leveraging blockchain’s potential to democratize and decentralize management and ownership, making every participant a stakeholder in their community’s digital future.

Berachain

• What Berachain Is:Berachain provides more value than a DeFi blockchain; it becomes a visionary platform where liquidity transcends being merely a financial term to become a community asset. With its pioneering Proof of Liquidity (PoL) model, Berachain reimagines liquidity provision not as a passive investment but as an active, communal endeavor. Here, every participant has a stake in the network’s success, fostering a sense of ownership and involvement. 
• What Berachain Does:Berachain crafts a DeFi environment where providing liquidity is more than a transaction; it’s an opportunity to earn rewards, influence how the network evolves, and support a thriving ecosystem. It’s about democratizing finance, ensuring that the fruits of DeFi are not just for the few but shared by the many.
• Focus:Berachain’s focus is firmly on DeFi, with a twist towards community involvement. It aims to decentralize finance in a manner that benefits all participants, distributing the advantages of DeFi widely. 
• Enhancing Liquidity Utilization: Integrating liquidity provision into the consensus mechanism to maximize capital efficiency.
• Community Empowerment: Aligning incentives among validators, protocols, and liquidity providers to foster a collaborative ecosystem.
• EVM Compatibility: Ensuring seamless integration with existing Ethereum-based applications and tools.
• Strategic Vision:Berachain envisions a DeFi landscape where the liquidity provided by the community becomes the lifeblood of the ecosystem. Their vision is to create a model where participation directly correlates with benefits, nurturing a self-sustaining, vibrant financial environment where everyone can thrive.
• Technology:At the heart of Berachain’s technology is liquidity, with its Proof of Liquidity system ensuring that your contributions to the liquidity pool directly impact your stake in the network’s growth and governance. This is all powered by smart contracts that secure and automate these processes, making the platform both secure and user-friendly.
• Community Engagement:Community engagement is not just a feature for Berachain; it’s their ethos. By incentivizing liquidity provision as a communal activity, they build a platform where users aren’t just spectators but active participants in shaping the ecosystem. This engagement drives innovation, security, and growth from within the community.
• Roadmap:Berachain’s roadmap is expansive, focusing on expanding its DeFi suite, enhancing the Boyco initiative for pre-launch liquidity, and forging partnerships that resonate with their community-driven philosophy. They aim to continue evolving the platform in ways that prioritize community benefits and participation.
• What Berachain Has Been Up To This New Year:Berachain has launched the In the new year, Berachain has launched the Boyco platform, offering substantial rewards to kick-start its DeFi ecosystem. This initiative has ensured that community members immediately see the benefits of their involvement, setting a positive tone for the year ahead.
• Conclusion:”Where Liquidity Meets Opportunity,” Berachain redefines how liquidity in DeFi can empower communities, turning each participant into an architect of the financial ecosystem, highlighting it for community-led financial innovation.

Abstract Chain

• What Abstract Chain Is:Abstract Chain stands as the bridge that makes cryptocurrency as accessible and user-friendly as any daily app you might use on your smartphone. It’s designed to simplify blockchain for everyone, from novices to seasoned users, bringing the power and potential of decentralized technology into the mainstream. It aims to integrate it into everyday life, making the technology as intuitive as sending a text message or ordering your morning coffee.
• What Abstract Chain Does:Abstract Chain strips away the complexity of blockchain technology, transforming decentralized applications (dApps) into experiences as simple as ordering food online. Whether you’re looking to trade, stake, or simply explore, Abstract Chain makes these actions intuitive and accessible to all.
• Focus:The focus of Abstract Chain is mainstream blockchain technology, making it as commonplace in daily life as any digital service. The chain focuses on:
• Scalability: Providing a more scalable alternative to Ethereum by executing transactions off-chain and verifying them using ZK proofs.
• User Experience: Making blockchain technology as intuitive and accessible as any daily app, aiming to integrate it into everyday life.
• Developer-Friendly Environment: Offering enhanced developer tooling to eliminate the long-standing hurdles of cost, complexity, and accessibility in crypto adoption
• Strategic Vision: Abstract Chain envisions a future where blockchain technology is so seamlessly integrated into our routines that it’s invisible yet indispensable, much like the electricity that powers our devices. They aim to make blockchain an unseen but crucial part of everyday life, securing payments, confirming identities, and more, with an effortless presence.
• Technology:Their technology is all about simplification through abstraction. By hiding the intricacies of blockchain behind user-friendly interfaces, Abstract Chain democratizes access to dApps. This approach ensures that the technology can be used by anyone, regardless of their technical knowledge, pushing for a more inclusive digital world.
• Community Engagement:Abstract Chain champions inclusivity, providing forums, guides, and tools that empower everyone to participate in the blockchain revolution. They believe in fostering a community where every voice can contribute to the evolution of the platform, making blockchain technology a collective endeavor.
• Roadmap:The roadmap for Abstract Chain involves launching more consumer-centric dApps, continually improving user experiences, and driving community-led development. Their goal is to make blockchain technology not just a concept but a part of everyday life for millions.
• What Abstract Chain Has Been Up To This New Year:This year, they’ve been doubling down on making blockchain more accessible, introducing new projects and collaborations that aim to weave blockchain into the fabric of daily consumer activities, ensuring that the technology is both understood and utilized by the broader public.
• Conclusion:”Blockchain for Everyone,” Abstract Chain is breaking down the barriers to crypto, striving for a world where blockchain technology is as intuitive as the apps we use daily, bringing the future of digital interaction into the present.

In conclusion, the landscape of blockchain technology is evolving rapidly, with VOI, Berachain, and Abstract Chain leading the charge toward a future where blockchain is a cornerstone of everyday life. VOI is pioneering community governance in real estate, Berachain is reimagining DeFi with a focus on liquidity and community, and Abstract Chain is making blockchain as intuitive as the internet. 

Together, they’re crafting a new digital economy where transparency, security, and community empowerment are at the forefront. As we move forward, these L1 blockchains promise to seamlessly integrate into our daily routines, transforming how we manage assets, engage in finance, and interact with digital identities, all while ensuring that the power remains with the community. 

This is an exciting time for blockchain, where the technology’s potential to reshape our world is becoming a tangible reality.