Ambitious ideas. Battle-tested code. Measurable results.
Promises are everywhere in Web3. Real-world case studies are much harder to find. Here are the platforms we have designed, developed, and launched into production — completely from scratch. Different architectures, different industries, one single common denominator: they work.
COSPLAYSNAPONE SINGLE PARTNER
From ideation to deployment, from strategy to maintenance, including communication: we manage the entire chain of your Web3 project with no fragmentation.
Cosplay that becomes a digital collection.
CosplaySnap is a Web3 consumer project that turns the cosplay experience into a digital collection: the visitor gets photographed, an AI system generates a dedicated background, and the shot becomes an NFT card to collect and trade.
The proving ground was as demanding as it gets: Lucca Comics & Games, one of the largest pop culture events in Europe, in partnership with Lucca Crea. An audience of tens of thousands of people, mostly unfamiliar with Web3, to convert to NFTs in minutes, live and under pressure, while building a genuine gamification experience.
Web3 technology excludes the mass audience.
The problem
Brands want to enter the NFT world, but traditional Web3 technology excludes the mass audience. Wallets to install, seed phrases to keep safe, gas fees to pay in crypto: every step is a door slammed in the end user's face.
The agitation
This isn't a theoretical problem. Many large companies launched NFT projects and watched them fizzle out — not because of the idea, but because of friction: the average user dropped off at the first wallet. A badly built Web3 experience isn't just a weak product: it's burned budget and lost credibility in front of your own community.
The necessary solution
It needed a partner able to make the blockchain invisible: all the power of NFTs, none of the barriers. And it had to be proven in the least forgiving context there is — live, at a trade fair, with a queue at the booth.
THE STRATEGY AND THE APPROACH
Multichain designed and built the entire end-to-end platform, from on-chain architecture to user experience. Four pillars.
The technical core of the project. Multichain connected every Web2 account to a smart account via Account Abstraction, letting users mint NFTs with a simple social login, with no Web3 wallet required. Thanks to Paymaster smart contracts, transactions are gasless: users don't pay crypto fees and often don't even realize they're on a blockchain. Cards follow the ERC-1155 NFT standard. The Web3 entry barrier wasn't lowered: it was removed.
2023 Edition — proof of concept
2024 Edition — commercial maturity
People with zero Web3 experience created, collected, and traded NFTs without ever seeing a wallet.
Two editions, one clear trajectory: moving from the technical validation of 2023 to the monetization of 2024.
This is the difference between a proof-of-concept blockchain project and a product that the market actually uses — and pays for.
BYBIT
THIRD-PARTY VALIDATIONThe strength of consumer-facing technology is also judged by the names willing to back it. In the second edition, the platform built by Multichain served as the foundation for a partnership with Bybit — one of the world's largest cryptocurrency exchanges — and mobilized an ecosystem of creators, from cosplayers to crypto educators, who amplified its reach. A platform built to last attracts partners with a reputation to protect.
TECHNOLOGIES & EXPERTISE
Want to bring a mass audience into Web3 without them noticing?
CosplaySnap proves that blockchain can disappear behind a simple experience — and that, done well, it can also monetize. If you have a Web3 consumer project to build, or an NFT idea that has so far run into technical friction, let's talk. No strings attached, no sales pressure: just technical expertise at your service.
DENARIA FINANCE
From ideation to deployment, from strategy to maintenance, including communication: we manage the entire chain of your Web3 project with no fragmentation.
A 100% on-chain perpetual DEX with the experience of a centralized exchange
On Denaria, pricing, collateral, funding and liquidations live on-chain, with no offchain order book. Yet the user signs in with a simple mobile passkey, pays no gas and holds no seed phrase.
Who is Denaria
Denaria is a fully decentralized perpetual futures protocol. Multichain was its infrastructure provider: taking it from architectural concept to on-chain product.
The ambition is stated in the project's own documentation: «100% onchain, no shortcuts».
Denaria had to be verifiable in every component, without asking the user to behave like a crypto expert.
Usability or decentralization
The problem
The perpetual DEX market lives with a trade-off: either usability or true decentralization. Those who offer good UX keep the uncomfortable parts offchain; those who are truly on-chain pay with clunky interfaces.
The agitation
It's why most of DeFi stays confined to a technical niche. An unusable architecture doesn't win the market; a UX built on centralized shortcuts betrays the promise of Web3.
The necessary solution
It needed a partner able to hold both extremes together. In one sentence: bring total decentralization inside a centralized-exchange experience.
Starting from the Denaria protocol, Multichain built the on-chain engine and the usage layer that makes it invisible.
The engine: a dynamic vAMM, not an order book.
Multichain implemented a dynamic vAMM instead of an off-chain order book. The curve recalibrates based on Chainlink oracle prices after every trade, keeping slippage minimal even in highly volatile markets.
Funding decoupled from slippage.
The funding rate does not depend on slippage; instead, it is driven by the net exposure between longs and shorts. This ensures predictable conditions for both traders and liquidity providers.
Flexible liquidity for LPs.
Liquidity providers can deposit assets in any proportion, including single-sided liquidity. A tracking algorithm reconstructs each position in real-time, completely bypassing the fixed ratios of traditional AMMs.
Liquidations and bad debt protection.
A multi-tier liquidation system backed by an insurance fund protects the protocol from bad debt. Multichain implemented and deployed the contracts, which are open-source and fully audited.
The usage layer: decentralization made invisible.
The design completely hides on-chain complexity: a mobile-first app, biometric login, zero gas fees, and zero seed phrases. It operates exactly like a centralized exchange, while everything remains fully auditable on-chain.
Total decentralization wasn't put on display—it was seamlessly tucked away, which is far more challenging.
A perpetual DEX in production, entirely on-chain:
Above, an app where opening a position with up to 15× leverage requires only biometric access.
Proven:
a protocol with zero compromise on decentralization can offer the experience of a modern app.
ARCHITECTURE & TECHNOLOGY
Do you have a protocol that deserves to be built with no compromises?
Denaria proves that decentralization and usability aren't in conflict: it's a matter of engineering. If you have a DeFi protocol to bring on-chain, let's talk. No pressure, just technical expertise at your service.