
Bitalk|Aug 01, 2025 06:57
🔸 Glancing at Rootdata, I increasingly feel that there are fewer and fewer projects on the chain that have recently completed financing.
▪️ Bills: AI Network @ billions_ntwk has raised $30 million in funding for "human identity verification".
After checking the task center, I found that I need to download an app on my phone and prove my human identity with my passport... After going through Humanity, I have become somewhat resistant to such projects.
▪️ Midl: Bitcoin infrastructure @ midl_xyz completes a $2.4 million seed round to 'introduce smart contracts into the BTC network'.
Yesterday, we launched the Midl testnet and announced that there will be token rewards. The main interaction in the first week was to perform operations such as Swap, Mint, Lend, etc.
▪️ Falcon Finance: The stablecoin protocol @ FalconTable has received a $10 million investment from WLFI to develop a "USDf stablecoin and revenue infrastructure".
At present, it mainly provides stablecoin LP to earn points. Yesterday, it launched an achievement system, and collecting badges is likely to also receive rewards.
▪️ GAIB: AI Computing Economy @ gaic_ai has completed a $10 million financing to issue AID stablecoins, lend money to GPU operators, and earn future rental income from computing power.
At present, it is conducting pre deposit activities before the mainnet, depositing stablecoins to earn mainnet tokens.
▪️ Stable: Tether's stablecoin Layer1 @ table has completed a $28 million seed round, creating a "USDT payment public chain".
USDT will serve as the native gas token, with a focus on fast payments and cross-border transfers. Since no coins are issued, there should be no way for ordinary users to participate.
There are not many channels for users to participate in the other projects, so I will skip them.
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