Revealed! Binance's latest research report wealth code
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Revealed! Binance's latest research report wealth code
盘点币安最新研报中的未发币项目，或将引领下一波加密热潮！ → Top Unlaunched Projects from Binance's Latest Research Report That Could Spark the Next Crypto Boom!
Navigating Web3 tides with focused insightsAuthor: Viee, Core Contributor at Biteye
Editor: Crush, Core Contributor at Biteye
Recently, Binance released its 2024 Mid-Year Report, summarizing industry developments over the past six months and offering predictions for the second half of the year's crypto market! Biteye has compiled a list of highlighted unbanned projects from the report for your reference.
01 Project Overview
Layer1
1. Berachain: An EVM-compatible L1 public chain built on Cosmos SDK. Raised $142 million in total funding from investors including Polychain and OKX Ventures.
2. Hyperliquid: An L1 blockchain combining the advantages of CEX and DeFi, featuring a DEX with over 100 perpetuals and native spot trading.
DeFi
1. Babylon: A leading project in the Bitcoin ecosystem and the largest staking infrastructure for Bitcoin. Raised $96 million in total funding from Paradigm, Binance Labs, and others.
2. Morpho: Enables users to conduct lending and create independent lending markets without permission. Raised $68 million in total funding from a16z, Variant Fund, and others.
3. Karak: A general restaking network similar to Eigenlayer and other restaking projects. Raised $51.3 million in total funding from Pantera Capital, Framework Ventures, and others.
4. Synfutures: A decentralized derivatives exchange that pioneered a permissionless contract market model. Raised $37.4 million in total funding from Pantera Capital, Polychain, and others.
5. Symbiotic: A general restaking system and permissionless shared security protocol. Raised $5.8 million in total funding from Paradigm, Cyber Fund, and others.
6. Citrea: The first ZK Rollup project in the Bitcoin ecosystem. Raised $2.7 million in total funding from Galaxy, Delphi Digital, and others.
7. Solayer: A restaking protocol for the Solana ecosystem, enabling returns from PoS, MEV, and AVS. Funding amount undisclosed; invested by Binance Labs.
ZK/L2
1. Scroll: A native zkEVM Layer2 on Ethereum based on ZK-rollup technology. Raised $80 million in total funding from Paradigm, OKX Ventures, and others.
2. Linea: An EVM-compatible Layer2 developed by Consensys using Zk-rollup technology. Funding details undisclosed; funded by ConsenSys.
Social
1. Farcaster: A decentralized social protocol allowing users to create, own, and transfer identities and content. Raised $180 million in total funding from Paradigm, a16z, and others.
2. Lens Protocol: A decentralized open social graph that any application can plug into. Raised $15 million in total funding from IDEO CoLab Ventures, Robot Ventures, and others.
3. Fantasy.top: A SocialFi trading card game built on Blast. Funding details undisclosed; invested by Alliance DAO, Fabric Ventures, and others.
Game
1. Nifty Island: An open social gaming world where players can create, trade, and showcase 3D NFTs. Raised $20 million in total funding from Hashed, Arrington Capital, and others.
2. Sonic: The first gaming chain on Solana, dedicated to game development and operation. Raised $16 million in total funding from Bitkraft Ventures, OKX Ventures, and others.
3. Hamster Kombat: A click-to-earn game combining a cryptocurrency trading simulator. Funding and investors undisclosed.
Meme
1. Pump.fun: A platform designed for creating and trading Meme tokens on the Solana blockchain. Funding and investors undisclosed.
Prediction Market
1. Polymarket: A decentralized prediction platform where users bet on trending topics using cryptocurrency. Raised $74 million in total funding from Founders Fund, Polychain, and others.
AI
1. Gensyn: A decentralized deep learning computing protocol aiming to build an AGI compute marketplace. Raised $49.5 million in total funding from a16z, Eden Block, and others.
DePIN
1. Ambient Network: A decentralized environmental monitoring infrastructure network collecting global environmental data. Raised $2 million in total funding from Borderless Capital, Solana Ventures, and others.
Privacy
1. Light Protocol: A privacy project in the Solana ecosystem providing the most accessible privacy layer. Raised $4.5 million in total funding from Polychain, Solana Ventures, and others.
Infra
1. Kinto: Built on OP Stack, focused on providing secure access to financial services. Raised $3.5 million in total funding from The Spartan Group, ParaFi Capital, and others.
02 Outlook for the Second Half of the Year
Regarding themes for the second half of the year, the report mentions that institutional adoption will continue to rise. In particular, the approval of spot BTC ETFs in the U.S. has attracted greater institutional demand, and the involvement of traditional financial giants will encourage more investors to explore areas such as DeFi and NFTs.
U.S. macroeconomic conditions also warrant ongoing attention. The November U.S. presidential election could lead to market volatility, while the Federal Reserve is expected to cut interest rates in September, which may benefit the cryptocurrency market.
In terms of sectors, Bitcoin scalability and DeFi are continuously evolving, and Decentralized Physical Infrastructure Networks (DePIN) and Decentralized Social (DeSoc) are poised for further growth.
Tokenization of real-world assets (RWA) provides strong use cases for blockchain. Tokenized government bonds remain a focus area and are expected to offer investors new sources of yield.
The number of Web3 gamers has reached a new high, with hyper-casual games attracting a large player base. Projects are expected to bring more innovation in sustainable in-game economic models.
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