Unveiling the wealth code of Binance research reports: What are the un-issued projects that are highlighted?
Original author: Biteye core contributor Viee
บรรณาธิการต้นฉบับ: Crush ผู้สนับสนุนหลักของ Biteye
Recently, Binance released a research report for the first half of 2024, which not only summarizes the industry การพัฒนา in the past six months, but also predicts the cryptocurrency market in the second half of the year! Biteye has compiled the unissued projects highlighted in the report for your reference.
01 Project Inventory
Layer 1
1. BerachAIn: An L1 public chain built on Cosmos SDK and compatible with EVM. Total financing of $142 million, invested by Polychain, OKX Ventures, etc.
2. Hyperliquid: An L1 blockchain that combines the advantages of CEX and DeFi, including a DEX with more than 100 Perps and native Spot.
เดไฟ
1. Babylon: A leading project in the Bitcoin ecosystem and the largest Bitcoin Staking infrastructure. Total financing of $96 million, invested by Paradigm, Binance Labs, etc.
2. Morpho: Enables users to borrow and lend, creating an independent lending market without permission. Total financing of $68 million, invested by a16z, Variant Fund, etc.
3. Karak: A universal re-staking network, similar to Eigenlayer and other re-staking projects. Total financing of $51.3 million, invested by Pantera Capital, Framework Ventures, etc.
4. Synfutures: A decentralized derivatives exchange that pioneered a permissionless contract market model with a total financing of US$37.4 million, invested by Pantera Capital, Polychain, etc.
5. Symbiotic: A universal re-staking system with a permissionless shared security protocol. Total financing of $5.8 million, invested by Paradigm, Cyber Fund, etc.
6. Citrea: The first ZK Rollup project in the Bitcoin ecosystem. Total financing of US$2.7 million, invested by Galaxy, Delphi Digital, etc.
7. Solayer: Solana ecosystem re-staking agreement, which can obtain POS, MEV and AVS and other benefits. The total financing was not disclosed and was invested by Binance Labs.
ZK/L2
1. Scroll: Ethereums native zkEVM Layer 2, based on ZK-rollup. Total financing of $80 million, invested by Paradigm, OKX Ventures, etc.
2. Linea: EVM-compatible layer 2 using Zk-rollup technology developed by Consensys. Total funding is undisclosed and invested by ConsenSys.
ทางสังคม
1. Farcaster: A decentralized social protocol that allows users to create, own, and transfer identities and content. Total financing of $180 million, invested by Paradigm, a16z, etc.
2. Lens Protocol: A decentralized open social graph into which any application can be plugged. Total financing of $15 million, invested by IDEO CoLab Ventures, Robot Ventures, etc.
3. Fantasy.top: A SocialFi trading card game built on Blast. Total funding was not disclosed, with investments from Alliance DAO, Fabric Ventures, etc.
Game
1. Nifty Island: An open social game world where players can create, trade, and display 3D NFTs. Total financing of US$20 million, invested by Hashed, Arrington Capital, etc.
2. Sonic: The first game chain on Solana, dedicated to game development and operation. Total financing of US$16 million, invested by Bitkraft Ventures, OKX Ventures, etc.
3. Hamster Kombat: A click-to-earn game combined with a cryptocurrency trading simulator. Total funding and investors were not disclosed.
Meme
1. Pump.fun: A platform for creating and trading Meme tokens on the Solana blockchain. Total funding and investors were not disclosed.
Prediction market
1. Polymarket: A decentralized prediction platform where users use cryptocurrency to bet on hot topics. Total financing of $74 million, invested by Founders Fund, Polychain, etc.
AI
1. Gensyn: A decentralized deep learning computing protocol that aims to establish an AGI computing power market. Total financing of $49.5 million, invested by a16z, Eden Block, etc.
ดีพิน
1. Ambient Network: A decentralized environmental monitoring infrastructure network that collects global environmental data. Total financing of $2 million, invested by Borderless Capital, Solana Ventures, etc.
Privacy
1. Light Protocol: A privacy project in the Solana ecosystem that provides the most accessible privacy track in the ecosystem. Total financing of $4.5 million, invested by Polychain, Solana Ventures, etc.
Infra
1. Kinto: Based on OP Stack, it focuses on providing secure access to financial servน้ำแข็งs. Total financing is US$3.5 million, invested by The Spartan Group, ParaFi Capital, etc.
02 Outlook for the second half of the year
Regarding the theme outlook for the second half of the year, the report mentioned that the institutional adoption rate will continue to increase, especially the approval of the US spot BTC ETF has attracted more institutional demand, and the participation of traditional financial giants will attract more investors to explore DeFi, NFT and other fields.
The macroeconomic situation in the United States also deserves continued attention. The US presidential election in November may lead to market volatility, and the Federal Reserve is expected to cut interest rates in September, which may be beneficial to the cryptocurrency market.
In terms of track, Bitcoins scalability and DeFi are also constantly developing, and decentralized physical network infrastructure (DePIN) and decentralized social media (DeSoc) are expected to develop further.
The tokenization of real-world assets (RWAs) provides a strong use case for blockchain, and the tokenization of government bonds remains in the spotlight and is expected to provide investors with a new source of returns.
The number of Web3 game players has reached a new high, hyper-casual games have attracted a large number of players, and projects will have more innovations in sustainable in-game economic solutions.
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