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1️⃣ Project Description
WormHole is a protocol that allows blockchains and exchanges to exchange information and data.
Ordinary people can use this protocol to use applications that require multiple blockchains at the same time.
In simple terms, it is just a platform that connects all blockchains at once.
2️⃣ Partners and Investors
Wormhole received a crazy $225 million from Jump Trading, CoinBase, Pantera, Jumpcrypto, ParaFi, etc.
Notice right away that the more complex the project, the more investment it collects.
You don't have to understand the idea of the project to see the best venture funds, the best market makers, and even agreements with exchanges and technology companies here.
3️⃣ Evaluation and Potential
The project's capitalization is currently $862 million. The volume of transferred assets is more than $10 billion, and the project adds more and more blockchains every day. In other words, more and more money passes through Wormhole, and blockchains directly depend on it. Therefore, with the expansion of the market, we will only see a sharp growth of the project.
4️⃣ Roadmap
If you go to the project's website, at first it will be difficult to find their main task... All because, thanks to their plans, they are implementing more and more technologies that apply not only to projects or blockchains, but to all people.
They will soon be launching more staking models, new technologies that will eliminate fees for transfers, as well as rewards, security levels and partnerships. The most important partnership is with Solana.
💦 Conclusion
The idea behind Wormhole is incredibly difficult to understand because it is a complex technical project, but it has the best funds in the world behind it, it solves the problem of all blockchains at once, no matter how it sounds, and of course it targets all markets at once. Also, the project itself announces new partnerships almost every day.
Learn more about the project – Website, Investors, Interim results and plans
Traded on Binance, BingX, ByBit, OKX, Mexc, Gate, Bitget
