$406 million in funding → Four early airdrop projects you've never heard of!!!


1. @CantonNetwork — $335 million (Led by a16z)
Valuation $2 billion. The goal is to build a "cross-chain interoperability layer"—allowing different chains to communicate securely without third-party bridges.
My view: This is the most solid of the four. The combination of a16z + Polychain + Coinbase Ventures essentially means "this is the infrastructure for the next cycle."
2. @StartaleGroup — $50 million (Supported by SBI)
Japan's financial conglomerate SBI is a pioneer in Web3. The core focuses are DID and wallet infrastructure.
My view: The Japanese market is both an advantage and a limitation. SBI's backing means regulatory compliance is secured, but international expansion might be a challenge.
3. @ArcNova_ACI — $15 million (Animoca + Waterdrip)
AI + DePIN + privacy communication. The concept is very new, and the narrative is very sexy.
My view: The positioning is still somewhat vague. AI and privacy are big directions, but how to implement and monetize them is not yet clear.
4. @extendedapp — $6.5 million (Led by StarkWare)
Development toolchain on Starknet. Making it easier for developers to build applications on Starknet.
My view: Benefiting from StarkWare's technical ecosystem, success depends on Starknet's adoption rate. The bet is that Starknet can become a mainstream L2.
STRK-3.66%
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