Introduction

Osmium: An ecosystem to power blockchain innovation

It has been a little over fifteen years since Bitcoin’s genesis block. Although blockchain has evolved immensely, the technology has a long way to go before becoming truly mainstream. For this to happen a leap in innovation is necessary. If we stop and think about how various blockchain initiatives approach innovation, the majority of existing projects can be categorised as follows:

The largest and most ambitious projects out there While we have the utmost respect for their achievements, their immense ecosystems and sometimes robust organisation can feel intimidating for developers that want to implement their ideas. Such projects also usually have a pretty well-defined vision and their innovative drive is typically pointed in a very specific direction.
Niche projects They can be extremely interesting but given their distinct and often unique goals they are often comprised of tightly-knit teams that offer very few opportunities to outsiders. Also, their development tends to be directed to fill that specific niche.
Meme coins In their best incarnations they mostly exist to entertain. Such projects are more products of marketing than technological advancement. They are not the cradle of future leaps in blockchain technology.
Scams They range from simplistic, almost obvious schemes, to projects that appear to have grand visions but make an effort only to hide all the red flags until their creators will have made a significant profit off of naïve investors. As one can guess, innovation is not in their DNA.
Small projects with dedicated teams and ambitious goals Most of them will not manage to deliver what they set out to accomplish for various reasons, while some may change the entire game. Finding the right one is akin to finding a needle in a haystack. We wish all of them luck and perseverance.

If we ignore the hundreds of projects out there that have no ambition of creating anything useful for the future of blockchain, we are left with a handful of very mature projects, a few rising stars, and dozens of diamonds in the rough. One of the key things that sets successful innovative projects apart from the rest of the pack is a proper source of independent funding for future development that is in line with the objectives of the project community.I

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Osmium: An ecosystem to power blockchain innovation

The largest and most ambitious projects out there While we have the utmost respect for their achievements, their immense ecosystems and sometimes robust organisation can feel intimidating for developers that want to implement their ideas. Such projects also usually have a pretty well-defined vision and their innovative drive is typically pointed in a very specific direction.

Niche projects They can be extremely interesting but given their distinct and often unique goals they are often comprised of tightly-knit teams that offer very few opportunities to outsiders. Also, their development tends to be directed to fill that specific niche.

Meme coins In their best incarnations they mostly exist to entertain. Such projects are more products of marketing than technological advancement. They are not the cradle of future leaps in blockchain technology.

Scams They range from simplistic, almost obvious schemes, to projects that appear to have grand visions but make an effort only to hide all the red flags until their creators will have made a significant profit off of naïve investors. As one can guess, innovation is not in their DNA.

Small projects with dedicated teams and ambitious goals Most of them will not manage to deliver what they set out to accomplish for various reasons, while some may change the entire game. Finding the right one is akin to finding a needle in a haystack. We wish all of them luck and perseverance.