​​TOP DeFi Projects by Social Activity

Posts. Posts measures the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Galaxis has announced the closure of its $10M investment round

Galaxis, a Singapore-based Web3 platform, raises $10M from Chainlink, Rarestone Capital, Taisu Ventures, and Moonrock Capital. The funding included gains made through the company's node sale of more than 11,000 'Galaxis Engines'. Incubated by CoinMarketCap, Galaxis helps creators and brands introduce collections of non-fungible tokens (NFTs).

👉🏻 x.com/Galaxisxyz/status/1787497136319353242

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​​Top DePIN Projects by Revenue (30d)

DePIN is an acronym, short for Decentralized Physical Infrastructure Networks. Networks that use crypto-incentives to efficiently coordinate the buildout & operation of critical infrastructure.

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CARV (CARV) announces its upcoming Node Sale on Impossible Finance

CARV will hold its Node Sale on the Impossible Finance platform. The sale will be divided into the whitelist and public phases offering 450 and 100,000 nodes respectively. Users can now participate in the IDIA Staking Campaign and enter the whitelist sale phase on May 13th, at 12:00 PM UTC. The public Node Sale will begin on May 15th, at 12:00 PM UTC. The project has previously raised $10M in its Series A funding from OKX Ventures, IOSG Ventures, Fenbushi Capital, Hashkey, and others. CARV Protocol is a modular data layer for gaming and AI.

👉🏻 blog.impossible.finance/introducing-the-carv-node-sale

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​​Botanix Labs announces the closure of its $8.5M seed funding round

Botanix Labs has raised a $8.5M seed round to build the Spiderchain, a Bitcoin-native Layer 2 primitive with full EVM equivalence. The round was backed by Polychain Capital, Placeholder Capital, Valor Equity Partners, and ABCDE. Following a previously unannounced $3M pre-seed round backed by UTXO, Curiosity Capital, Edessa Capital, and XBTO Ventures, Botanix Labs has now raised $11.5M in total funding.

👉🏻 x.com/BotanixLabs/status/1787831600064897365

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​​Ethernity Chain (ERN) has introduced its Ethereum L2 with enhanced AI-driven security

Ethernity Chain rolls out its Ethereum Layer 2 network to onboard global brands to Web3. Major entertainment franchises will be able to build web3 applications on the Ethernity chain spanning web3 games, digital collectibles, RWAs, and interactive media. The Ethernity ecosystem will be powered by $ERN that will act as the foundation of all future projects on the Ethernity L2. Ethernity Chain has previously received an investment from Morningstar Ventures.

👉🏻 x.com/EthernityChain/status/1787846808187875595

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​​Runes Terminal (RUNI) announces its partnership with RunesBridge

Runes Terminal teams up with RunesBridge, the developer of bridges that connect variegated EVM bridges to Bitcoin L1. Through this integration, RunesBridge will allow the seamless transfer of assets based on the Runes standard to other networks including Ethereum, Arbitrum, BNB Chain, and Polygon. Runes Terminal is the first launchpad supporting the new Bitcoin token standard - Runes, to build a gate between EVMs and the Bitcoin network.

👉🏻 medium.com/@runesterminal/a-bridge-to-everywhere-runtesterminal-x-runesbridge-6ffc01af14b8

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​​ZKM raises $5M in a Pre-Series A funding round led by OKX Ventures

ZKM, an Ethereum scaling solution, has announced the closure of its $5M Pre-Series A funding led by OKX Ventures. Additional round participants included Amber, Metis Foundation, Cryptо.соm Capital, and others. The funding comes as the firm prepares to launch its Bitcoin-based Layer 2 network. ZKM is a zero-knowledge proof-based network that aims to unify blockchains, creating a settlement layer on Ethereum.

👉🏻 theblock.co/post/292945/zkm-raises-5-million-funding-round

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Lava (LAVA) has announced the closure of its $11M funding round

Lava Foundation raises $11M to continue the development of the Lava Network, a modular blockchain infrastructure developer. Among investors are Animoca Brands, Gatе.іо Ventures, CoinGecko Ventures, Sandeep Nailwal, Ash Crypto, CryptoLark, and others. The funding comes ahead of the network's mainnet launch and $LAVA token airdrop. The project has previously raised a $15M seed round backed by Jump Capital, Hashkey Capital, and Alliance DAO among others.

👉🏻 theblock.co/post/292935/lava-foundation-token-funding-round-airdrop

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​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Ponder (PNDR) has announced an integration of Swing (SWING)

Ponder integrates with Swing, a decentralized cross-chain liquidity protocol that aggregates liquidity across blockchains. This innovation brings more reliable routes for swapping and bridging within Ponder. Moreover, the projects will collaborate through Ponder's next phases with staking feature enabled. Ponder builds a solution providing a fully integrated comparison tool for crypto-based operations.

👉🏻 x.com/Ponder_One/status/1787887662453424215

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​​RWA Inc. (RWA) teams up with the Midle (MIDLE) marketing ecosystem

RWA Inc. has announced a strategic partnership with marketing growth hackers, Midle. The collaboration will help to drive engagement and provide additional rewards for participants. Users will be able to complete tasks that get verified on the blockchain and receive rewards in turn. RWA Inc. is an advanced tokenization ecosystem with unique features.

👉🏻 medium.com/@RWA.Inc/rwa-inc-partners-with-leading-marketing-ecosystem-midle-23782f3317e2

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​​Itheum (ITHEUM) has announced its partnership with Arcana Network (XAR)

Itheum joins forces with Arcana Network, a UX-focused app-chain that simplifies the onboarding process for Web3 applications. Through this partnership, Itheum will leverage Arcana’s Auth SDK to bolster the implementation and enhancement of its Omni-chain data brokerage protocol. Itheum is the decentralized data brokerage platform that transforms users' personal data into a highly tradable asset class.

👉🏻 itheum.medium.com/accelerating-omni-chain-data-brokerage-innovation-itheum-and-arcana-forge-strategic-partnership-05fbd14bb917

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​​Tabi (TABI) has unveiled the first season of its airdrop campaign

Tabi kicks off its airdrop season 1 with 800M $TABI allocated to significant contributions. Among eligible users are voyager event participants, $GG holders, public sale participants, captain node holders, ecosystem project builders, and testnet contributors. Back in May 2023, the project raised $10M from Binance Labs, Animoca Brands, Hashkey Capital, and others. Tabi is the modular Cosmos gaming Layer1 with any-VM compatibility.

👉🏻 x.com/Tabichain/status/1787516082368221506

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​​KIP Protocol teases an upcoming Checker Nodes License NFTs sale

KIP Protocol is set to launch its Checker Nodes Sale shortly, offering 50,000 nodes divided into 33 tiers. The project has allocated 20% of the token supply to reward node operators. Users can now complete the registration for a chance to become whitelisted and secure nodes at a low tier. KIP Protocol is the Web3 base layer for AI, backed by Animoca Ventures.

👉🏻 x.com/KIPprotocol/status/1787869707426816348

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​​LayerZero partners with Nansen and Chaos Labs for a sybil detection report

LayerZero teams up with Nansen and Chaos Labs to conduct a joint sybil detection report. The analysis will consider every user’s total transactions weighted across all LayerZero applications to align TGE with developers and durable users. The results of the investigation will be co-published after the sybil self-report deadline. Since the initial launch of LayerZero, almost 6M unique wallet addresses have interacted with the protocol. LayerZero is an omnichain messaging protocol that has raised $263M from investors including a16z, Sequoia, Binance Labs, and Circle Ventures.

👉🏻 medium.com/layerzero-official/addressing-sybil-activity-a2f92218ddd3

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​​Gaming & Metaverse Projects by Social Activity

Posts. Posts measure the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Blocklords (LRDS) has announced its partnership with MON Protocol (MON)

Blocklords established a partnership with MON Protocol, a Web3 gaming and IP publisher that published Pixelmon. The project has previously launched the Kingdom Challenge in collaboration with MSV GG. Blocklords is a player-driven MMO medieval grand strategy game backed by Makers Fund, Bitkraft Ventures, Delphi Digital, Animoca Brands, Shima Capital, Spartan Group, and Huobi Ventures, among others.

👉🏻 x.com/BLOCKLORDS/status/1788143407107342369

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Arbelos Markets has raised $28M in funding led by Dragonfly Capital

Arbelos Markets, a crypto principal trading firm, announces the closure of its $28M investment round led by Dragonfly Capital. The fundraising consisted of seed equity and debt financing and featured participation from Circle Ventures, Paxos, P2 Ventures, StarkWare, Immutable, Chorus One, Room40 Ventures, Selini Capital, Breed VC, FalconX, and Deribit. The firm will use the funds raised to expand its team and access new markets.

👉🏻 coindesk.com/business/2024/05/08/crypto-principal-trader-arbelos-markets-raises-28m-led-by-dragonfly-capital

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​​Coin of the Day by Market Sentiment - Near Protocol (NEAR)

NEAR Protocol $NEAR is a blockchain network designed to facilitate the launch and operation of decentralized applications (DApps).

Predict Near Protocol price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/near-protocol

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​​Lagrange announces the closure of its $13.2M seed funding round

Lagrange Labs, a startup that specializes in zero-knowledge (ZK) proofs, has raised $13.2M in a seed round led by led by Founders Fund, with participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, Mantle Ecosystem Fund, and several angels.

With this new funding, Lagrange plans to accelerate its research and development efforts, focusing on refining its ZK Coprocessing platform and expanding its application across the blockchain ecosystem.

👉🏻 lagrange.dev/blog/lagrange-labs-announces-13-2m-in-seed-funding-to-revolutionize-big-data-applications-with-its-zk-coprocessing-technology

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