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As Bitcoin hits a new high, here are some recent large-scale financing projects that have yet to issue tokens

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Original author: Biteye core contributor Viee

المحرر الأصلي: المساهم الأساسي في Biteye Crush

Recently, many un-coined projects have successfully raised more than 10 million US dollars, involving tracks such as AI, L2, zk, and DeFi. In this article, Biteye will introduce these 18 projects one by one, including KOL attention, investors, and financing amounts.

As Bitcoin hits a new high, here are some recent large-scale financing projects that have yet to issue tokens

1. Azra Games

Raised US$42 million in financing from Pantera Capital, Andreessen Horowitz and others.

A blockchain gaming company that aims to create mainstream collectible and combat role-playing games.

2. Glow

Raised US$30 million in financing from Framework Ventures, USV and others.

Glow is building Proof of Physical Work (PoPW) for carbon credits.

3. Nillion

Raised US$25 million in financing from Hack VC, HashKey Capital and others.

Build a decentralized public network based on zero computing to protect data privacy.

4. Atlas

Raised US$21 million in financing from Haun Ventures, Paradigm and others.

Blockchain for verifiable finance, built for financial applications with reliable transactions and near-zero transaction costs.

5. Ithaca

Raised US$20 million in financing, invested by Paradigm.

The open source L2, which spun off from Paradigm, is developing Odyssey.

6. Bluesky

Raised US$15 million in financing from Blockchain Capital, SevenX Ventures and others.

The AT protocol is being built to give creators the freedom to build independently of the platform.

7. Citrea

Raised US$14 million in financing from Founders Fund, Maven 11 and others.

Every transaction is fully protected by zero-knowledge proofs and verified via BitVM.

8. zkPass

Raised US$12.5 million in financing from Archetype, Breyer Capital and others.

A private data protocol leveraging 3P-TLS and hybrid ZK techniques.

9. Opacity Network

Raised US$12 million in financing from Archetype, Breyer Capital and others.

Zero-knowledge proof protocol enables trustless information sharing and verification in minutes.

10. Solv Protocol

Raised US$11 million in financing from Blockchain Capital, OKX Ventures and others.

A decentralized Bitcoin staking protocol.

11. Delta

Raised US$11 million in financing from Variant Fund, Maven 11 and others.

A network with shared state.

12. Sapien

Raised US$10.5 million in financing from Variant Fund, Primitive Ventures and others.

A scalable data labeling solution designed to advance AI language learning models.

13. Variational

Raised US$10.3 million in financing from Bain Capital Crypto, Peak XV Partners and others.

A تشفيرcurrency derivatives تجارة protocol based on Arbitrum.

14. vlayer

Raised US$10 million in financing from Andreessen Horowitz, BlockTower Capital and others.

A trustless, verifiable data infrastructure powered by zero-knowledge proofs.

15. PumpBTC

Raised US$10 million in financing from SevenX Ventures, Mirana Ventures and others.

Babylon鈥檚 Liquid Staking Solution.

16. Validation Cloud

Raised US$10 million in financing, invested by TCG.

A Web3 infrastructure platform that provides elite, high-performance nodes and staking infrastructure.

17. Mento

Raised US$10 million in financing from investors such as HashKey Capital, No Limit Holdings, etc.

A stablecoin and digital asset innovation lab spun out of cLabs (Celo).

18. PiP World

The company raised US$10 million in financing, but the investors were not disclosed.

Web3 gaming and education project, launching a game called Gold Rush on Telegram.

This article is sourced from the internet: As Bitcoin hits a new high, here are some recent large-scale financing projects that have yet to issue tokens

Related: Crypto airdrops are dead, killing themselves in the pursuit of profit

Original article by: Johnnatan Messias, Aviv Yaish, Benjamin Livshits Original translation: Block unicorn Airdrops are a common strategy used by blockchain protocols to attract and expand their early user base. Typically, protocols distribute tokens to specific users as a “reward” for participating in the protocol, in the hope of fostering long-term community loyalty and sustained economic activity. Despite the widespread existence of airdrops, there is a lack of in-depth understanding of the key factors that make successful airdrops. This paper outlines the design space for airdrops and presents key results for implementing effective strategies. We evaluate the success of six large-scale airdrops by analyzing on-chain data from them and find that large amounts of tokens are often quickly sold by “airdrop farmers”. Based on these analyses, we summarize common pitfalls…

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