Let’s take a look at the projects on the test network:
1.Fuel @fuel_network
Introduction: Modular Execution Layer
Funding: $81.5 million, valuation unknown
Official website: https://fuel.network
Others: Incentivized testnet will be launched soon, mainnet will be launched in Q3
2.Initiation @initiaFDN
Introduction: Full-chain Rullup Network
Funding: $750, from Binance, Delphi Diqital, Hack VC and other institutions
Official website: https://initia.xyz
Others: It is said that the official will launch an incentive test network in Q1
3.Polymer @Polymer_Labs
Introduction: Ethereum Interoperability Hub
Funding: $26.6 million, valuation unknown, Coinbase participated
Official website: https://polymerlabs.org
4.Tea Protocol @teaprotocol
Introduction: Decentralized open source software platform
Funding: $16.9 million, valuation unknown, led by Binance
Official website: https://app.tea.xyz/sign-up
Others: The event is temporarily over, you can wait for the next one
5.Tabi @Tabichain
Introduction: Modular Cosmos Game L1
Financing: $10 million+, valuation unknown, investment institutions include Binance
Official website: https://tabichain.com
6.Shardeum @shardeum
Introduction: EVM L1
Funding: $23.6 million, valuation: $248 million
Official website: https://shardeum.org
Others: Now is the node incentive stage, the incentive test network has not yet started
7.Quai Network @QuaiNetwork
Introduction: PoW L1
Funding: $10 million
Official website: https://qu.ai
Others: The total amount of airdrop is small, but not volatile
8.Lava Network @lavanetxyz
Introduction: Modular Data Networks
Funding: $15 million, valuation unknown, Jump Capital, HashKey Capital
Official website: https://lavanet.xyz
Others: Mainnet will be launched in the first half of the year
9.Taiko @taikoxyz
Introduction: Ethereum L2
Financing: $37 million, valuation unknown, investment from Sequoia Capital, GSR, OKX, etc.
Official website: https://taiko.xyz
Others: Mainnet launch in Q2
10.Eclipse @EclipseFND
Introduction: Ethereum’s first SVM L2
Funding: $65 million
Official website: https://eclipse.xyz
11.Babylon @babylon_chain
Introduction: Bitcoin ecology, the security of decentralized economy
Funding: $26 million
Official website: https://babylonchain.io
12.BounceBit @bounce_bit
Introduction: Bitcoin Staking Chain
Funding: $6 million from Blockchain Capital*, Breyer Capital, and others
Official website: https://bouncebit.io
13.B² Network @BSquaredNetwork
Introduction: Bitcoin Layer-2 Network
Financing: Unknown
Official website: https://bsquared.network
Others: Open for staking
14. Berachain @berachain
Introduction: EVM L1 equivalent built on Cosmos SDK
Funding: $111 million
Official website: https://berachain.com
15. Axiom @AxiomFM
Introduction: Axiom is a ZK coprocessor that allows smart contracts to trustlessly access and process all on-chain data
Funding: $20 million
Official website: https://axiom.xyz
16. Espresso @EspressoSys
Introduction: Espresso Systems is an EVM-compatible blockchain that provides scalability and privacy systems for Web 3 applications
Financing: US$32 million, with participation from Sequoia Capital and others.
Official website: https://espressosys.com
17. Avail @AvailProject
Introduction: Avail is a modular blockchain focused on data availability: sorting and recording blockchain transactions to prove block data is available without downloading the entire block
Funding: $27 million
Official website: https://availproject.org
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