VestChain is developing a smart contract platform that will have a double layer architecture. Their network is currently powered by the Ethereum based VEST token.

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.