Understand the investment landscape of OKEx Blockdream Ventures under Ouyi OKEx in one article
In 2021, the encryption market will continue to advance triumphantly, and popular tracks will receive financing frequently.
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Data source: Chain Catcher
It is worth noting that a large number of cryptocurrency exchanges have accelerated their investment layout. Nearly half of the investment events have exchanges behind them, and the typical one is OKEx Blockdream Ventures, a subsidiary of OKEx.
The fund has an initial capital of 100 million US dollars, focusing on discovering high-quality blockchain projects, supporting the most cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, focusing on structural value investment, and focusing on the four major tracks at this stage :
·Infrastructure—Layer2, a public chain that solves technical performance, improves efficiency and expands capacity;
·Trading and financial projects - DeFi derivatives / aggregation DEX / synthetic assets / oracle / insurance;
Hot public chain ecological projects - Polkadot ecology, IPFS ecology, SOL ecology, NEAR ecology;
·Tools—data analysis/technical service provider/plug-in/privacy protection/blockchain browser/wallet/NFT.
According to the official disclosure, OKEx Blockdream Ventures has deployed more than 60 early-stage blockchain projects, covering popular tracks such as Polkadot ecology, DeFi, NFT and infrastructure. This article sorts out the investment landscape announced by OKEx Blockdream Ventures based on public information, for your reference, collection and sharing.
1. Polkadot ecology
Konomi
Konomi is an open platform for cross-chain financial applications, with Substrate as the development framework, aiming to provide currency market services for assets in the Polkadot ecosystem. Users can carry out asset lending, trading and liquidity products using Polkadot tokens through the agreement.
On March 1, Konomi announced the completion of a private round of financing. Investors include Amplifi, Blocksync, CMS, DoublePeak, OKEx Blockdream Ventures, LDCapital, DFG, FBG Capital, AU21 Capital, etc.
At present, the Konomi token KONO has been opened for trading on some platforms, and the online price is about 5.4 US dollars, which is 5.4 times the public offering price (1 US dollar).
Dora Factory
Dora Factory is an infrastructure for on-chain governance and open source entrepreneurship based on Substrate's DAO-as-a-Service. On the open infrastructure of Dora Factory, on-chain governance incentive mechanisms such as quadratic funding, curve auctions, and on-chain voting can be developed as key modules (Pallets) to support blocks initiated by the global open source developer community and decentralized organizations chain business plan.
On February 7th, Dora Factory completed its first round of financing, led by HashKey, NGC Ventures, DFG, SNZ Holdings, AU21 Capital, Axia8 Ventures, Digital Renaissance Foundation, Candaq Group, DL Capital, Cabin VC, LD Capital and DoraHacks Ventures and other institutions participated in the investment.
At present, the Dora Factory token DORA has been opened for trading on some platforms, and the listing price is about 60 US dollars, which is 7.5 times the public offering price (8 US dollars).
PolkaFoundry
PolkaFoundry is a one-stop product center for Polkadot DeFi applications, providing interoperability with the DeFi and Web 3.0 ecosystems by leveraging the Polkadot multi-chain blockchain. Users can build open lending platforms, decentralized insurance, cross-chain DEX, DeFi derivatives, NFT auctions and markets, prediction markets, etc. on PolkaFoundry.
In March of this year, PolkaFoundry received US$1.9 million in financing from investors including Signum Capital, Spark Digital Capital, Master Ventures, AU21 Capital, X21 Digital, Magnus Capital, Rarestone Capital, PNYX Ventures, OKEx Blockdream Ventures, etc.
At present, the PolkaFoundry token PKF has been opened for trading on some platforms, and the online price is about 2.9 US dollars, which is 2.4 times the public offering price (1.2 US dollars).
Plasm
Plasm is a rare smart contract platform that focuses on Layer 2 in the Polkadot ecosystem. It is compatible with Ethereum and wants to provide better scalability for the Polkadot ecosystem. Its architecture can be understood as creating an ETH2.0 on Polkadot.
On February 9, Plasm announced the completion of $2.4 million in financing, led by Binance Labs, followed by HashKey Capital, LongHash Ventures, Digital Finance Group, and PAKA Ventures.
On March 2, Plasm announced that it has received investment from OKEx Blockdream Ventures, a subsidiary of OKEx. The latter also joins the Plasm Network ecosystem.
On March 27, Plasm won the second parachain slot on the Rococo testnet.
Equilibrium
Equilibrium is an all-in-one interoperable DeFi collection, the first cross-chain digital asset market that combines credit lending, synthetic asset generation and trading.
In October last year, Equilibrium announced the completion of a financing of US$5.5 million through a new Token Swap method. Specifically, Equilibrium exchanged its EOS-based native token Native Utility Token (NUT) into a Polkadot-based new token EQ. Participating in this Token Swap financing includes venture capital companies BKEX Capital, PNYX Ventures and Taureon.
ParaState
ParaState is Polkadot's eco-compatible smart contract platform for Ethereum. While supporting EVM to be seamlessly compatible with all existing Ethereum applications, it also provides developers with a next-generation smart contract implementation environment, EWASM, to ensure that both Infrastructures can communicate with each other and share the same account system on ParaState.
ParaState bridges Ethereum and Polkadot by supporting a unified developer community in more popular programming languages, enhancing cross-chain software portability.
In January this year, ParaState completed a $1.3 million seed round of financing, led by CMS Holdings, with Kenetic Capital, FBG Capital, JRR Capital, LD Capital, and SevenX Ventures participating; in March, the UC Berkeley Blockchain Speedmaster announced On the shortlist, 21 projects including ParaState were selected.
Polkadex
Polkadex is an open source decentralized trading platform developed using the Substrate blockchain framework, providing traders with the user experience of a centralized trading platform. The project envisions a world of financial inclusion ready for a tokenized future.
In March of this year, according to NewsBTC, Polkadex, the Polkadot ecological DEX protocol, completed a financing of US$3 million. Investment institutions include LD Capital, Kenetic Capital, OKEx Blockdream Ventures, NGC, QCP, AU21 Capital, etc.
Cere Network
Cere Network is a decentralized data cloud platform based on Polkadot, optimized for service data integration and data collaboration.
In August 2019, Cere Network completed a financing of US$3.5 million, with Binance Labs, Arrington XRP Capital, NGC Ventures and Fenbushi Capital participating in the investment; in December 2020, Cere Network completed a financing of US$1.5 million, with investors including Arrington XRP Capital , QCP Capital, Kinetic Capital, Monday Capital and AU21 Capital.
In March of this year, Cere Network completed a $5 million private placement round of financing. This round of financing was led by Republic Labs, with participation from OKEx Blockdream Ventures, Kenetic Capital, NGC Ventures, Woodstock Fund, JRR Capital, Ledger Prime, and G1 Ventures. Cere Network plans to use the funds to acquire a parachain slot.
Paralink
ParaLink is an oracle protocol built on the Polkadot ecosystem. Developers can use blockchain and real-world data through ParaLink's original query language, Paralink Query Language (PQL). PQL allows users to access Web APIs, scrape websites, and retrieve data from other real-world data by querying SQL databases.
In January this year, ParaLink announced the completion of US$2.8 million in financing, with investors including LD Capital, Kenetic, 3Commas, Genesis Block Ventures and NGC Ventures.
At present, Paralink has launched the test network and has reached cooperation with Knit Finance, Konomi, Reef, Edgeware, Bondly, Plasm, Darwinia, etc., most of which are integrated cooperation with smart contract platforms.
Zenlink
Zenlink is a Polkadot-based cross-chain DEX protocol, dedicated to enabling the sharing of DEX order books among the parachains of the Polkadot network. Zenlink has successfully connected to Rococo V1, becoming the 10th parachain testnet project to be connected and running.
On March 15, Zenlink announced that it had received investment from Hypersphere Ventures. In September last year, Zenlink received US$1.1 million in angel round financing led by HashKey, followed by Continue Capital, IOSG Ventures, D1 Ventures, and Youbi Capital.
According to the latest news, Zenlink plans to launch NFT and explore its combination with a new type of community membership. Specifically, Zenlink will issue a set of limited edition community NFT, and use the NFT as a carrier to endow it with community attributes and economic attributes. At the same time, Zenlink will cooperate with relevant platforms to complete the genesis of NFT.
Stone
Stone is a cross-chain income aggregation platform centered on PoS asset liquidity tokens. It focuses on building an income and liquidity aggregation platform, and expands into a passive income platform, a liquid PoS income platform, a cross-chain strategy platform, and a risk-adjusted index investment platform.
On February 8, Stone announced the completion of US$1.5 million in financing. Major investors include Signum Capital, Arrington Capital, Longhash Ventures, TRGC, Dealean Capital, Nabais Capital, Hillrise Capital, YBB, PAKA, Stafi, Ankr, RAMP, etc.
At present, the Stone token STN has been opened for trading on some platforms, and the online price is about 20 US dollars, which is 80 times the public offering price (0.25 US dollars).
Raze Network
Raze Network is a cross-chain privacy protocol for the Polkadot ecosystem. It is built on a native privacy layer and can provide end-to-end anonymity for the entire DeFi stack. It applies zkSNARKs to the Zether framework to build Layer 2 decentralized anonymous modules.
On March 31, Raze Network announced the completion of a US$1.7 million private placement round of financing. OKEx Blockdream Ventures, Tenzor Capital, Arpa Labs, X21 Digital, Kyros Ventures and other institutions participated in the investment. In addition, seed round investment institutions AU21 Capital, Signum Capital, Master Ventures and Spark Digital Capital made additional investment in this round.
According to previous official news, Raze Network will open IDO on Bounce, Poolz and DuckStarter from April 12th to 13th, and the token price will be $0.25. In addition, Raze Network will also open a 72-hour Balancer LBP at 21:00 on April 13, and will launch Uniswap transactions on April 16.
Bifrost
Bifrost is the basic protocol of Polkadot's ecological DeFi. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It currently launches vToken, a derivative product for Staking and Polkadot's parallel chain card slot PLO. It has obtained a seed round of 600,000 US dollars from NGC, SNZ and other institutions. Financing and Web3 Foundation Grant, also a member of Substrate Builders Program and Web3 Bootcamp.
According to the latest news, Bifrost, Polkadot's ecological heterogeneous cross-chain project Darwinia, privacy project Phala, and identity aggregation protocol Litentry jointly won the Polkadot testnet Rococo parachain slot. Previously, Acala, Plasm, and Kilt had won the first three slots.
2. DeFi
Apyswap
APYSwap is a decentralized cross-chain transaction smart pool protocol, which realizes the entrustment function of user assets and provides a market for financial asset transactions. APYSwap allows users on multiple blockchains (initially Ethereum, Polkadot, and Binance Smart Chain) to create and control their own native blockchain vaults, and transfer "control" to third parties. Users can also benefit from passive income without actively managing a portfolio.
On February 9, APYSwap announced that it had received US$1 million in early financing led by NGC and Asymm Ventures. Other investors included Genesis Block Ventures, Kyros Ventures, CryptoBriefing, Coin 98, and Etherscan founder Matthew Tan.
At present, the APYSwap token APYS has been opened for trading on some platforms, and the online price is about 4.5 US dollars, which is 37.5 times the public offering price (0.12 US dollars).
OpenOcean
The OpenOcean smart all-in-one protocol applies a deeply optimized smart routing algorithm, a transparent price mechanism, and integrates Ethereum, Binance Smart Chain, DEX ecology on Ontology, and spot transactions on the centralized trading platform Binance. Users will get lower slippage, less handling fees, and a clearer trading interface, which is easy to capture the market, and compare the prices of centralized and decentralized trading platforms to capture arbitrage trading opportunities.
For funds and professional traders, OpenOcean also provides API interfaces and tailor-made trading interface services to assist investment institutions in formulating trading strategies such as quantitative arbitrage.
On March 26, OpenOcean announced the completion of a new round of financing. Altonomy and LD Capital followed up the strategic round of follow-up investment. AU21, FBG, TRON Foundation, DAO Maker, Asymmetries Technologies, LIAN Group and other investment institutions and partners of Republic.co participated in the investment.
ETHALend
ETHALend is a unique and highly flexible cross-chain revenue optimization protocol on the Ethereum and Polkadot ecosystems, providing users with a simple but mature interface, thereby eliminating the complexity of the original DeFi lending market. The essential function of ETHALend is to use intelligent algorithms to automatically calculate risk factors, and allocate assets through the best matching agreement to optimize returns.
In February of this year, ETHALend completed a $1.6 million private placement round of financing. This round of financing was led by AU21 Capital, DFG and Privcode Capital, and the following investors included Vector Capital, Chain Capital, PNYX Venture, Lancer Capital, Oasis Capital, TRG Capital, Candaq Capital, Dealean Capital, Inclusion Capital, Origin Capital, ZB Capital, YBB Foundation, AC Capital, and Hotbit.
At present, the ETHALend token ETHA has been opened for trading on some platforms, and the online price is about 3 US dollars, which is 10 times the public offering price (0.3 US dollars).
Convergence
Convergence is a decentralized fungible asset protocol that aims to connect real-world asset exposure with DeFi liquidity, thereby giving DeFi participants access to real assets. Convergence is the first Automated Market Making Protocol (AMM) to expose real asset value in the DeFi field by connecting Wrapped Securities (WST) with other DeFi protocols in a novel and user-friendly interface .
In February this year, Convergence completed $2 million in financing, led by Hashed, NGC Ventures, Genesis Block Ventures, Alameda Research, CMS Group, Kenetic Capital, Pantera’s Paul Veradittakit and other institutions, as well as Fosun Group co-founder Liang Xinjun and other individual investors participated cast.
On March 10, Convergence announced that it has received US$1.5 million in strategic additional investment. Investors include Morningstar Ventures, BlackEdge Capital, OKEx Blockdream Ventures, LongHash Ventures and AU21 Capital.
At present, the Convergence token CONV has been opened for trading on some platforms, and the online price is about 0.21 US dollars, which is 42 times the public offering price (0.005 US dollars).
Persistence
Persistence aims to tokenize real-world assets through NFT and use them as collateral to facilitate the lending of encrypted assets (such as stablecoins), thereby providing support for institutional open financing. The goal of the project is to integrate DeFi with traditional Connect with finance and use the power of DeFi to solve financing problems in the real world.
In October last year, Persistence announced the completion of a $3.7 million private placement round of financing. Participating institutions include Arrington XRP Capital, LuneX Ventures, IOSG Ventures, Spark Capital, Woodstock Fund, Incrypt, Genesis Block, NGC Ventures, Moonrock Capital, Alameda Research, etc., Bitcoin .com managing partner Danish Chaudhry and Quantstamp founder Richard Ma also participated in the investment.
At present, the Persistence token XPRT has been opened for trading on some platforms, and the online price is about 5 US dollars, which is 33.3 times the public offering price (0.15 US dollars).
Cook Protocol
Cook Protocol is a blockchain-based, trustless, transparent and well-incentive wealth management service market protocol. The agreement will provide investors with a variety of asset management service options, and provide asset management institutions with funds and diversified investment vehicles.
On March 16, Cook Protocol announced that it has received investment from OKEx Blockdream Ventures. With the new funding, Cook Protocol will establish itself in the burgeoning field of asset management tools.
At present, the Cook Protocol token COOK has been opened for trading on some platforms, and the online price is about 0.3 US dollars, which is 30 times the public offering price (0.01 US dollars).
InsurAce
InsurAce is a community-driven decentralized open insurance platform designed to provide insurance services for DeFi users. Its portfolio insurance product Portfolio Based Insurance can not only bring more convenient user experience, but also effectively reduce insurance costs.
Referring to the business model of traditional insurance companies, InsurAce builds a DeFi investment sector based on insurance. Insurance escorts investment and provides insurance services for investment income. Finally, a two-wheel drive model of insurance + investment is built to create a safe DeFi entrance and provide Users continue to create revenue.
In February of this year, InsurAce announced that it had received investment from Alameda Research and Hashkey Capital. Seed round investors DeFiance Capital, ParaFi Capital, Hashed, and Signum Capital continued to follow suit. Other participating institutions included IOSG Ventures, ImToken Ventures, LongHash Ventures, Hash Global, Tembusu Partners, Factorial Ventures, etc.
At present, the InsurAce token INSUR has been opened for trading on some platforms, and the online price is about 8.6 US dollars, which is 2.86 times of the public offering price (3 US dollars).
UniFarm
UniFarm is developing a unique platform that allows anyone to provide liquidity and receive UNA token rewards, which not only maintains the stability of token prices, but also provides end users with a safe and simplified DeFi. After that, farming, storage, loans, Multiple functions such as voting and staking.
Through Unifarm, users can also provide certain liquidity to the pool and earn UNA rewards. Unlike Uniswap, though, you can continue to earn part of the protocol’s fees even if you decide not to participate in providing liquidity anymore.
Kine
Kine is a decentralized protocol that builds universal liquidity pools backed by custom digital asset portfolios. Liquid bonus pools allow traders to open and close derivatives positions based on trusted price feeds, eliminating the need for counterparties. Kine lifts the constraints on existing peer-to-peer (aka peer-to-peer) trading protocols by expanding the staking space to any Ethereum-based asset and allowing third-party liquidation.
On March 1, Kine announced the completion of two rounds of financing totaling US$7 million, led by well-known Silicon Valley angel investors Naval Ravikant and Alexander Pack, and other investors include OKEx Blockdream Ventures, Huobi Labs, Blockchain Capital, Spartan Group, Divergence Capital, CMS Holdings, Ascensive Assets, Bixin Ventures, DeFi Alliance, Origin Capital, Hypersphere, NGC, SevenX, Red Chain Capital, etc.
At present, the Kine token KINE has been opened for trading on some platforms, and the online price is about 7.14 US dollars, which is 1.82 times of the public offering price (3.92 US dollars).
Beyond
Beyond is a decentralized platform for creating and trading synthetic financial products designed to meet the needs of synthetic creators who can make these synthetic products to track the price of underlying assets such as currencies, commodities, stocks, exchange-traded funds, and more , each synthetic product can represent a complex product of $1 or more, such as a leveraged/inverse ETF.
In March of this year, Beyond announced the completion of US$7.5 million in financing. Investors include Moonwhale Ventures, A195, DuckDAO, Cryptomeria Capital, Blocksync, X21 Digital, Rarestone Capital, Master Ventures, Consensus Capital, etc.
keyTango
keyTango claims to be the Robinhood of the DeFi field. Its Web3 application is specially designed for DeFi novices. It can provide tailor-made suggestions based on the user's previous DeFi experience, and easily enter various DeFi products with just a few clicks. Its team consists of MIT, Ycombinator and Enigma MPC alumni.
In March of this year, keyTango conducted an IDO on the DuckSTARTER platform, selling a total of 400,000 TANGO tokens at a unit price of $0.5. As of press time, TANGO is tentatively quoted at $1.5175, three times the price of IDO.
Unmarshal
Unmarshal belongs to the multi-chain DeFi data network and will provide tools for any type of decentralized application to seamlessly access data on the blockchain. It is currently connected to Ethereum, BSC, Elrond, Polkadot, and StaFi, etc. Let's explore the data of Layer 2 two-layer network together.
On March 19, Unmarshal announced the completion of US$2.6 million in seed round and private equity round of financing. Investors include Woodstock, Blackedge, GBV, NGC Ventures, SPARK Digital, Particle XYZ, AU21, Amesten, etc.
On April 1, the Algorand Foundation announced that Unmarshal was selected into Algorand's 250 million ALGO reward plan, and will build a modern data infrastructure layer based on the Algorand blockchain.
3. NFTs
Showcase
Showcase is a digital collectible merchandise platform built on Polygon that connects creators with supporters. The platform allows influencers to create and sell customized NFT badges. At present, more than a thousand influencers have used Showcase to build a closer connection with millions of fans.
Genesis Shards
Genesis Shards is a Polkadot-based decentralized ecosystem that supports the conversion of NFTs into Pre-IDO token liquidity tools and cross-chain DeFi product suites.
On March 24, Genesis Shards announced a financing of US$2.7 million. Investors include 3Commas, OKEx Blockdream Ventures, LD Capital, Spark Digital Capital, Momentum 6, Solidity Ventures, BlackEdge, Morningstar, BitBloc, Blocksync, Chain Capital, X21, Astronaut Capital , Moonrock Capital, Moonwhale Ventures, PNYX Ventures, AU21 Capital, Master Ventures, PetRock Capita, etc.
On April 8, Genesis Shards announced that it has opened the whitelist application for the first dual IDO on the decentralized financing platform Polkastarter, and the opening time will last until April 11. The IDO will be held on April 14th, with a price of $0.12 per token and a maximum limit of $200 per person.
Chain Guardians
Chain Guardians is a platform that combines traditional gaming concepts and blockchain technology to enable a player-driven economy. In the ChainGuardians ecosystem, players can participate in free NFT mining platforms and role-playing games; both allow players to earn income, turning your time and energy into tangible returns. According to the roadmap, Chain Guardians will be integrated with Polygon in the second quarter of this year.
On March 10th, Chain Guardians launched an IDO on Polkastarter, and the Chain Guardians governance token CGG worth $150,000 was sold at $0.12 per CGG token. As of press time, CGG is tentatively quoted at $1.9665, which is 16.3 times the price of IDO.
Ethermon
Ethermon is a decentralized application/blockchain game built on the Ethereum network. It simulates a world of Ethermons where users can capture, trade and evolve Ethermons to fight against others.
In March of this year, Ethermon announced that it will cooperate with Polygon (formerly Matic) to fully integrate into its Layer 2 infrastructure, and comprehensively enhance the user experience by eliminating the burden brought by Ethereum Gas transactions.
TradeStars
TradeStars is a blockchain fantasy sports stock trading game supported by Ethereum + Polygon Layer2 network, users can own, create and trade digital assets representing real sports performances.
Last January, TradeStars launched its public "Sports Stock Exchange." Designed to mirror NASDAQ or the New York Stock Exchange (NYSE), TradeStars measures athletes' real-life performance in fractional non-fungible tokens (NFTs), and users can confidently use their favorite athletes' performance estimates.
Legends of Crypto
Legends of Crypto is a new NFT collectible and trading card game running on a decentralized blockchain powered by the Ethereum and Polygon networks.
In April this year, Legends of Crypto announced the completion of strategic financing, with investors including OKEx Blockdream Ventures, Signum Capital, LD Capital, NGC, AU21 and TerraVirtua.
4. Infrastructure
Casper
Casper is a public chain based on the PoS consensus mechanism. It breaks through the "impossible triangle" in the blockchain field and can effectively take into account the security, decentralization and scalability of the network. It represents the most cutting-edge technology in the blockchain field, and is an infrastructure that is easy for developers to use and has scalable performance. Casper is working hard to realize Ethereum 3.0 and better serve enterprise users.
In October last year, Casper announced the completion of a $14 million private equity round of financing led by DigitalStrategies, including ZB.com/ZBGlobal, Gate.io, Consensus Capital, ClusterCapital, HashKeyCapital, AU21Capital, BlockchangeVentures, GSR, QCP/ Dozens of well-known institutional and individual investors at home and abroad, including QSN, Stonewood Capital, Stake.Fish, ChainCapital, SoraCapital, Wavemaker, RopartAssetManagement, Waterdrop Capital, AGEFund, and WoodstockFund, followed suit.
On March 31, the CasperNetwork mainnet was launched together with its genesis block, and 54 genesis nodes were configured. With the launch of the mainnet, solutions built by CasperLabs with partners such as DAO, IPwe, HeraSoft, ACDX, Covalent, BitGo, PlasmaPay, and PlasmaFinance will begin to be available on the public Casper network or on the enterprise-optimized private chain of the mainnet Perform on-chain migration.
Pocket Network
Pocket Network provides a trustless API layer for easy access to any blockchain. It is building a complete distributed network of blockchain nodes that developers can access seamlessly, using cryptoeconomic incentives, to meet demand through node hosting services ready to provide development API requests.
As a coordination and incentive protocol for Web3 infrastructure, Pocket Network paves the way for related applications to move from Web2 to Web3. Now many mature Web3 projects have joined the Pocket community, including Avalanche, xDAI, MyCrypto, Saturn Network, Fuse, MetaCartel Ventures, etc.
According to Block123, Pocket Network has been supported by institutions such as Moonwhale Ventures, Zee Prime Capital, Faculty Capital, and Borderless Capital.
Metis
Metis is an open framework based on a layer-2 protocol for the creation, management and development of decentralized self-organizing companies DAC. It distinguishes between DAO and DAC, describing the latter as a subclass of DAO. DAOs focus on governance issues, while DACs are specifically designed to address the day-to-day operations and management of projects. It focuses on building sustainable and decentralized companies on the high-performance underlying blockchain through the DAC framework.
On March 30, Metis announced the completion of Series A financing of US$3 million. Major investors include OKEx Blockdream Ventures, Genblock Capital, Cryptomeria Capital, ConsensusLab, PARSIQ, YBB Foundation, Flurry Capital, Chronos Ventures, Gate.io, 7 O'Clock Foundation and BMW Capital, etc.
On April 7th, Metis announced the official launch of the Alpha test network, and at the same time released a proof-of-concept DApp developed by community members based on Metis Rollup—Prologue (prologue). Through this decentralized application, users can experience the fast, low-cost and rich functions on Metis Layer 2. Each user can quickly generate a decentralized company (DAC) on Layer 2 for task management and knowledge synergy.
Saito
Saito aims to use the Web3 open network layer to allow DApps to run without closed plug-ins, private APIs, or open infrastructure. At the same time, it can provide funding for nodes that provide routing and user infrastructure in Saito and other public chains.
On March 25, Saito announced the completion of US$2 million in financing, led by DFG, Candaq, Spark Digital and OKEx Blockdream Ventures, and participated by In Blockchain, NGC, Signum, Delean, PAKA, Kernel Ventures, Tripara Ventures, Infinity Labs, Waterdrip, Angel One, OnePiece Capital, Hot Labs, Lotus Capital, PhoenixVC, A195 (Four Seasons), AU21, Master Ventures, Momtemum 6, BlockSync and other dozens of investment institutions.
Unmarshal
Unmarshal is a decentralized network of blockchain data indexers and transformation tools that can provide DeFi applications on any chain with data in multiple formats, such as API, Websockets, GraphQL, Notifications, etc., without the need for an application Developers decoded it into their native applications, which have already integrated Ethereum, Binance Smart Chain, and Polkadot blockchains.
On March 20th, Unmarshal announced that it has completed a total of US$2.6 million in seed and private equity financing. Investors include Woodstock, Blackedge, GBV, NGC Ventures, SPARK Digital, Particle XYZ, AU21, Amesten, X21, Zokyo, Altonomy, Brilliance Ventures, ExNetwork, AscendEx, etc.
Octopus Network
The Octopus Network application chain network is built on the basis of Near, providing an innovative platform for developers and entrepreneurs who want to publish applications on their own chains. The Octopus Network relay will be released in Near as a smart contract, allowing developers and Near to achieve low-cost and easy integration, thereby publishing their own blockchain, and supporting customizable encryption like application chain protocols such as Cosmos and Polkadot Economic rules and governance rules.
On April 2, Octopus Network announced the completion of a $3 million seed round of financing. Investors include D1Ventures, SevenXVentures, PuzzleVentures, PNYXCapital, ElectricCapital, AscensiveAssets, OriginalCapital, ZMTCapital, Bixin, OKEx Blockdream Ventures, SparkDigital, ChainX, Stafi, NGCVenture s. Prior to this, Octopus Network has received a strategic investment of US$1 million from the NEAR Protocol Foundation.
