Monad Madness Hong Kong winners announced, a quick overview of the 5 winning projects

Yesterday, the latest edition of the Monad ecological project roadshow competition Monad Madness Hong Kong announced the winners list, with the 5 winning projects being Ammo, GM Network, TypeXKeyboard, Morpheus Farm, and Likwid.

This award-winning project focuses on the AI, DePin, and DeFi sectors. Deep Tide TechFlow takes you through the project details quickly.

🥇First Place: Ammo - Multi AI Agent Collaboration Infrastructure

The full name of the Ammo project is "Architectures for Massively Multiagent Online". Although the name sounds very academic, the problems the project intends to solve are actually closely related to users. The core of Ammo is an innovative multi-agent system. Unlike traditional single AI assistants, the "User Buddy" provided by AMMO for each user can continuously evolve within a complex network of agents. These AI assistants do not operate independently; rather, they learn, compete, and collaborate with each other within a vast network. In simple terms, the goal is to enable AI to truly understand and serve human needs. Although current AI can answer questions and write code, it still feels a bit lacking in warmth, like an efficient but cold tool. What AMMO aims to do is to make AI better understand human feelings.

From a technical perspective, Ammo's breakthrough lies in its unique training methodology. The team developed a dedicated reinforcement learning environment (RL GYM), where the AI assistant can learn not only from human feedback but also improve itself through interactions with other AI agents. This approach draws on the experiences of OpenAI Neural MMO but takes it a step further by applying it to real-world scenarios: when users need to find a job, the AI assistant does not simply recommend positions. It analyzes the user's skills, interests, and career development trajectory while collaborating with other users' AI assistants to understand market trends, salary levels, and even potential career advancement opportunities. This multi-dimensional analysis makes recommendations more precise and valuable.

In terms of privacy protection, Ammo adopts a decentralized architecture. Each AI assistant collaborates under the premise of protecting user privacy, ensuring that personal data is not misused. At the same time, the system also incorporates a value alignment mechanism to ensure that the behavior of AI always aligns with the common interests of users and society.

🥈Second Place: GM Network - An AI consumer application focused on longevity and health themes.

GM Network is an AI-based health management platform that combines AI technology with daily health management to create the "LifeFi" ecosystem.

When users record exercise data through smartwatches or fitness bands, the platform's AI assistant analyzes this information in real-time, including heart rate changes, exercise intensity, and energy consumption. GM Network has developed a "Proof of Health" mechanism that can convert users' healthy behaviors into quantifiable value. For example, a 5-kilometer run might earn 50 GM points, while a high-intensity hike could yield 80 points. These scores reflect health status and can also be converted into platform token rewards.

In terms of hardware support, GM Network collaborates with mainstream device manufacturers to support a variety of wearable devices, including Apple Watch and Samsung watches. At the same time, GM has launched its own GM Band smart wristband, focusing on accuracy and comfort, and equipped with real-time AI suggestion features.

🥉 Third Place: TypeX - AI-driven input expansion plugin

According to current information, TypeXKeyboard is a Chrome extension powered by AI and the Monad network, designed to collect user typing data for AI training, with the intention of creating a new earning model called "Input to Earn."

The current TypeXKeyboard project is still in its early development stage, and the official team has stated on platform X that the project will go live at the end of this month.

For more details, please visit the official account:

👨👩👧👦Most Popular Community Award: Morpheus Protocol - Monad's ecosystem native full-stack decentralized exchange

Morpheus is a full-stack decentralized exchange native to the Monad ecosystem, aiming to provide fast AMM, token issuance tools, and cross-chain full-stack DeFi solutions.

Currently, Morpheus has not officially opened the full version experience. Users can visit the official website: connect X account to obtain Monad test currency $MON, and earn Morpheus platform points multiplier through daily check-ins and social media tasks.

More detailed information is pending further updates from the official.

👍 Most Popular Team Award: Likwid - A Margin Trading Protocol Without Oracles

If you frequently use DeFi lending, you must have encountered the following dilemma: wanting to borrow using LP tokens, but having to go through cumbersome collateral and borrowing steps. Likwid utilizes the Hook mechanism of Uniswap V4, allowing users to directly use assets in the liquidity pool as collateral for borrowing.

Unlike traditional lending protocols, Likwid enables fully permissionless margin trading without the need for oracles through its innovative AMM formula "(x+x')(y+y')=k". It supports the self-management of long and short positions. With a swap-based liquidation mechanism and an intelligent repayment system, it ensures more reliable price discovery, mitigates potential attack risks, and allows any ERC-20 token to be lent on the platform.

In the Likwid V2 version, a Dynamic Interest Rate Adjustment mechanism (DIRA) has been introduced. It can automatically adjust interest rates based on market supply and demand. When borrowing demand increases, interest rates are raised to attract more deposits; conversely, they are lowered to stimulate borrowing, thereby achieving self-balancing of the market. In terms of fund management, Likwid provides users with diversified income sources through the collaborative operation of lending pools, liquidity pools, and insurance pools, while 30% of the protocol's revenue will be distributed to governance token holders.

Summary: Clear direction, waiting for development.

From the details of this award-winning project, it can be seen that using AI technology as the driving force for projects remains the main trend in the current development of crypto applications, while the market's demand for DeFi remains strong. Even in a bearish market sentiment, as long as the application direction is solid enough, both new and old projects can gain user recognition.

Only some of the awarded projects are still in the early stages and have not yet specifically applied or issued project tokens. Readers should remain observant and DYOR when gaining a deeper understanding of the projects.