The best blockchain projects to launch in Q2 2024{n
The Wu #Blockchain Company has identified the best projects for Q2 2024, covering a range of sectors. The projects include Monad, Aleo, Magic Eden, Berachain, Babylon and HashKey.
Major investors such as Paradigm, a16z and SoftBank Vision Fund are backing these projects.
The blockchain analytics team at Wu Blockchain has published a list of the best potential #token creation projects (TGEs) in H2 2024. The list covers various areas of the #cryptocurrency space, including L1 (L1), L2 (L2), decentralized finance (DeFi), centralized exchanges (CEX) and non-functional tokenization (NFT) markets. \\These tokens include Monad, Aleo, Magic Eden, Berachain, Babylon, Scroll, Karak, Movement, SynFutures, Backpack, Puffer, LiFi, Lens, Solv, Symbiotic, Swell, Zircuit, StakeStone, Hamster Kombat, HashKey, Fuel, Avail, Zora, Elixir and HyperLiquid. \\Each token represents a different attempt to utilize blockchain and cryptocurrency, from #BinanceTurns7 projects to pioneering blockchain implementations in various industries. \\The first project, Monad, has received significant funding of $244 million; backed by major investors such as Paradigm and Dragonfly, Monad is focused on creating decentralized applications (dApps) for a variety of use cases. The company, backed by major investors such as a16z, Kora and SoftBank Vision Fund, develops privacy-focused blockchain solutions.
In addition, Magic Eden has received $149.4 million in funding and has significant support from prominent investors such as Electric Capital, Paradigm and Sequoia. Magic Eden is known for exploring market opportunities.
its tier one project, Berachain, has received funding of US$142 million from investors such as Polychain and Framework Ventures. Meanwhile, HashKey, a CEX project, has received $100 million in funding, although the specific investors remain unknown.
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