Crypto KOL The Smart Ape has reviewed projects that have completed financing but have yet to issue tokens (5 of which have now issued tokens), including Linea, Aleo, Monad, Farcaster, etc. This article provides an introduction to these projects and includes detailed articles.
(Table of Contents:
1. Linea: $725 million
2. Aleo: $298 million
3. Monad: $244 million
4. Farcaster: $180 million
5. Magic Eden: $160 million
6. Berachain: $142 million
7. CertiK: $141 million
8. Babylon: $96 million
9. Fuel: $81 million
10. Scroll: $80 million
11. Espresso Systems: $60 million
12. Zora: $60 million
13. Karak: $48 million
14. Movement: $41 million
15. Nillion: $40 million
16. XION: $36 million
17. Parallel Network: $29 million
18. Puffer Finance: $24 million
19. Particle Network: $24 million
20. LI.FI: $23 million
21. Layer3: $21 million
22. Hyperlane: $18 million
23. Reya Labs: $16 million
24. Botanix Labs: $11 million
25. Nubit: $11 million)
Crypto KOL The Smart Ape has reviewed projects that have completed financing but have yet to issue tokens, as shown in the image below (a total of 30 projects, 5 of which have now issued tokens).
Linea is an L2 blockchain project focused on creating a user-friendly platform for decentralized applications (dApps). It aims to provide developers with tools to build scalable and efficient dapps, enhancing the overall user experience in the crypto space.
Related Reading:
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Aleo is a privacy-focused blockchain enabling developers to build decentralized applications using zero-knowledge proofs. Aleo allows for secure and private transactions, ensuring user data confidentiality while maintaining network transparency and trust.
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ZKP Privacy Public Chain Dark Horse: What Technical Potential Does Aleo Have, and How Does It Compare to Other Layer 1s?
Monad is a blockchain infrastructure project aimed at improving the performance and scalability of centralized applications. Monad focuses on providing developers with a robust and efficient platform to build and deploy dapps, with an emphasis on speed and reliability.
Farcaster is a decentralized social network protocol allowing users to own and control their social identity. Farcaster aims to provide a platform where users can communicate and share content without relying on centralized entities, ensuring greater privacy and freedom.
Related Reading:
What is Farcaster, Loved by Vitalik? Decentralized Social Principles, Warpcast Features, Pros and Cons, and Will It Issue Tokens?
Magic Eden is an NFT marketplace on the Solana blockchain. Magic Eden provides a platform for artists, creators, and collectors to buy, sell, and trade NFTs, creating a vibrant ecosystem for digital art and collectibles.
Berachain is an advanced decentralized finance (DeFi) platform integrating cutting-edge blockchain technology to offer a wide range of financial services, including lending and yield farming. Berachain aims to establish a highly scalable and efficient ecosystem for users to maximize their asset returns.
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CertiK is a blockchain security company specializing in auditing smart contracts and blockchain protocols. CertiK provides security solutions to ensure the safety and integrity of blockchain projects, helping to prevent vulnerabilities and exploits.
Note: CertiK launched the CTK token in 2020 and rebranded it to Shentu Chain Token (CTK) in 2021. The CertiK website has since removed the CTK introduction.
Babylon is a decentralized finance (DeFi) platform focusing on yield farming and liquidity mining opportunities. Babylon aims to provide higher returns on crypto assets by optimizing yield strategies across various DeFi protocols.
Related Reading:
Bitcoin Re-Staking: Babylon & Chakra Two-in-One Staking Tutorial
Fuel is a high-performance blockchain network designed to provide scalable and low-cost transactions. Fuel focuses on optimizing throughput and reducing costs, making it suitable for applications requiring fast and economical transactions.
Scroll is a Layer2 scaling solution for the Ethereum blockchain aimed at improving transaction speed and reducing costs. Scroll uses rollup technology to bundle multiple transactions into a single batch, enhancing the scalability of the Ethereum network.
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Hardcore Dialogue with Scroll’s Zhang Ye: zkEVM and Scroll and Its Future
Espresso is a privacy-centric blockchain utilizing advanced cryptographic techniques to ensure transaction confidentiality. Espresso aims to provide a secure and private environment for users to conduct transactions and interact with decentralized applications.
Related Reading:
How Does Shared Ordering Protocol Espresso Achieve Layer2 Scaling and Optimize Blockchain Transactions?
Zora is an NFT marketplace allowing creators to mint, sell, and trade their digital assets. Zora focuses on empowering artists and creators with greater control, enabling them to effectively monetize their work.
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Karak offers a unique re-staking protocol enabling users to maximize their staking rewards through innovative mechanisms. Karak aims to streamline and optimize the staking process, providing a secure and efficient solution for users to engage in DeFi activities.
Movement Labs is building a modular blockchain network based on Move, aimed at enhancing security, performance, and user experience. Movement’s flagship product M2 is an Ethereum Layer2 rollup utilizing the Move virtual machine (originally from Facebook) to achieve high efficiency and throughput, with speeds exceeding 145,000 TPS.
Related Reading:
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Nillion is a decentralized, privacy-preserving network designed for secure data storage and computation. Nillion allows users to share and process data without exposing actual information, leveraging cryptographic techniques to maintain privacy and security across the network.
Burnt has launched XION, the first Layer 1 blockchain designed for consumer adoption through chain abstraction. XION simplifies the Web3 experience by eliminating technical barriers, offering robust protocol-level abstractions for accounts, signatures, and gas, along with seamless mobility support.
Related Reading:
A Brief Discussion on the New L1 Blockchain XION: Catalyst for Web3 Mass Adoption?
Parallel is a platform supporting interoperable decentralized applications, facilitating seamless communication and data transfer between different blockchain networks.
Puffer is a DeFi protocol offering financial services such as lending and yield farming, focusing on high returns and secure investments.
Related Reading:
Ethereum Re-Staking Protocol: Puffer Finance Completes $18 Million Series A Funding, Mainnet Launch Approaching
Particle Network is a blockchain project focusing on providing decentralized infrastructure for data sharing and computation. Particle aims to achieve secure and efficient data transactions, leveraging blockchain technology to ensure privacy and integrity.
LI.FI is a multi-chain liquidity aggregation protocol supporting swaps through aggregators and bridge providers across over 20 networks.
Layer3 is a platform designed to make exploring and learning about cryptocurrencies engaging and rewarding. Through interactive tasks, users can collect CUBES to complete missions, organize their on-chain achievements, and unlock rewards.
Related Reading:
Detailed Analysis of Layer3: Formalization Transformation in Blockchain Development and Utility
Hyperlane is an interoperability protocol enabling permissionless connectivity between blockchains. Hyperlane allows developers to easily launch modular blockchains with built-in interoperability, facilitating seamless communication and data transfer between different blockchain ecosystems.
Reya is a blockchain network focused on providing decentralized and scalable solutions. Reya aims to enhance blockchain technology’s accessibility and usability by offering robust infrastructure for building and deploying decentralized applications (dApps), empowering developers and users.
Botanix Labs focuses on creating sustainable blockchain solutions to support environmental protection. By leveraging blockchain technology, Botanix aims to support green initiatives and ensure transparency and trust in environmental projects.
Nubit extends Bitcoin’s data capacity without compromise, supporting applications such as Ordinals, Layer2, price oracles, and indexers, thus broadening the scope and efficiency of the Bitcoin ecosystem.
Related Reading:
Understanding Nubit: Bitcoin’s First DA Layer, Architecture, and Highlights
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