2023 Blockchain Financing Hotspots Analysis: Infrastructure Track Leads the Trend

Data shows that there were 1,178 financing events in 2023, with a total financing scale of 2.839 billion US dollars.

In terms of financing scale, the infrastructure sector ranks first. Several top investment institutions, such as a well-known venture capital firm, a trading platform laboratory, and an investment company, have all positioned infrastructure as a key focus area.

Although different investment institutions have varying preferences for each sector, the infrastructure field occupies a significant portion of their investment landscape. In addition, a well-known venture capital firm places considerable emphasis on the gaming sector; a certain investment company, a venture capital department of an exchange, and a laboratory of a trading platform focus on the DeFi sector. Another investment company has fewer investment deals and invests relatively evenly across other sectors.

The following will introduce several potential projects in the infrastructure sector:

B² Network

B² Network is an EVM-compatible Rollup based on Bitcoin's zero-knowledge proof verification commitments. Its Rollup data and zk proof verification commitments are recorded on the Bitcoin network and ultimately confirmed through a challenge-response mechanism.

The project participated in a Bitcoin ecosystem project roadshow organized by a certain institution in 2023 and received investment. It is reported that the core members of the B² Network technology team are active members of mainstream open-source communities such as Ethereum and Bitcoin.

Recently, B² Network has upgraded from the Alpha testnet to the Haven Beta testnet. Currently, their Odyssey mission is underway, and users can participate through the official website.

Mind Network

Mind Network is a zero-trust layer designed to bring the next billion users and trillions of dollars to Web3. The project provides security and data privacy solutions to achieve true CrossFi scale, comply with regulatory requirements, and adhere to the Web3 principles of asset tokenization and personal data ownership. Previously, Mind Network was also selected for the fifth season incubation program of a certain trading platform's lab and the BUILD program of a well-known project.

On June 29, 2023, Mind Network announced the completion of a $2.5 million seed round financing, with investors including a trading platform laboratory, Comma3 Ventures, SevenX Ventures, and a capital firm.

Omni Network

Omni is the interoperability layer of Ethereum, serving as the core infrastructure that supports all modular applications on Ethereum. Developers can seamlessly build applications that exist throughout the Ethereum ecosystem while accessing all users and capital. Omni is the successor to Rift Finance, a DeFi protocol that provided financial services for Web3 projects.

Omni has received $18 million in funding support, with investors including a certain exchange's venture capital department, Jump Capital, and a certain capital firm.

In June 2023, the Omni test network went live. Currently, the official announcement regarding any airdrop plans has not been made, so it is recommended to pay attention to subsequent updates.

Wormhole

Wormhole is a decentralized universal messaging protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple ecosystems.

Wormhole completed a $225 million financing round with a valuation of $2.5 billion, with investors including a certain exchange's venture capital division, Folius Ventures, and Multicoin Capital, making it the largest financing round in 2023.

CESS

CESS is committed to creating a blockchain-based distributed cloud storage system that effectively manages distributed resources through virtualization technology, providing customers with consistent and efficient distributed storage services. The CESS global content delivery network enables users to easily access their data anytime and anywhere.

In December 2023, CESS completed a financing of $8 million, with investors including DWF Labs and Infinity Ventures Crypto.

The CESS team won the championship of the Web3 Hackathon organized by the Web3 Foundation in 2021 and passed all three milestones funded by the Foundation. According to the officially released roadmap, CESS plans to issue tokens in 2024. Currently, CESS is active on a task platform, where users can participate in its testnet phase.