I am proposing an index of promising polkadot projects. Maybe call it the POLKNDX?
Since most of the current polkadot projects are erc20 tokens, and would have a similar level of community hype/attention as the projects in DEGEN, making an index of these already somewhat related projects seems like it could be a solid investment product. The index would allow investors who believe in the overall success of polkadot (as a network/ecosystem) to secure broad market sector exposure: there is a polkadot version of most market sector projects (insurance, bridge, supply chain, privacy, off chain liquidity, defi portals, NFTs, etc).
The Sigma committee would ultimately choose which projects to include, with a general aim to fill most major market sectors. Committee would decide whether to ignore some sectors entirely or to include multiple projects within same sector. This could be done with votes, or not.
Some projects to consider for the index are below. By no means an exclusive list, just a starting point for planning (I would have put coingecko links to all these but i was not allowed to include more than 2 links in my post lol).
Energy Web Token
Nsure or Polkacover or Bridge Mutual
REEF or Linear
Notably absent are DOT, Edgeware, and KSM. As these are not erc20 tokens I understand they cant be included in indices like the rest, but maybe there is some magic the boss-level devs can pull?