On-chain data platforms are likely to launch tokens in the coming year. The community expects that early engagement with these platforms will help them receive significant airdrops. Over the past years, these platforms have also attracted significant investment from VCs.
Here are the summaries and observations from BeInCrypto about the information that forms the basis for this prediction.
Signs that Kaito, Dune, and Nansen may airdrop in 2025
According to BeInCrypto's research, on-chain data platforms have taken steps indicating they are ready to introduce tokens to investors in the future. 2025 is a year with favorable legal environment and investor acceptance. Therefore, the plan to launch tokens is likely to take place next year. For example:
- Kaito: This month, Kaito has launched a Points Farming program. Kaito will distribute Yaps reward points to accounts on the platform that make valuable contributions to the community. Recently, this platform has stood out with Mindshare data and quickly seized the opportunity to launch this program.
- Dune: In August, Dune introduced Mint Moment, a feature that helps capture and collect detailed data in the form of Non-Fungible Tokens. According to this, for each time a chart is "minted", the author will receive 0.000333 ETH. The more times a chart is minted, the more the author can earn. This will encourage the continued creation and sharing of valuable information.
- Nansen: Nansen is a veteran name in the on-chain data field. A year ago, Vietnamese crypto investors rushed to register for the Nansen Waitlist in hopes of receiving an Airdrop like Arkham. But last September, Nansen announced the acquisition of StakeWithUs. This move is a signal closer to the possibility of a Nansen airdrop. Along with StakeWithUs, Nansen has launched a staking program and a project that mentions a token called NSG.
"The launch of the ARKM token has driven public acceptance of analytical platforms to issue their own tokens. The KAITO token will further normalize this trend. If platforms like Nansen or Dune decide to follow suit, public sentiment will become increasingly favorable." - Ignas - Co-founder of Pink Brains, predicts.
On-chain data platforms attract investment from VCs
According to BeInCrypto's research, on-chain data platforms have attracted significant investment from funds, but most still do not have their own tokens. For example:
- The Nansen platform has raised over $88 million from VCs such as The Spartan Group and Dragon Capital. And Nansen is valued at up to $750 million based on the valuation of its funding rounds.
- The Dune platform has raised over $79 million from investors such as Dragon Capital and Coinbase Ventures.
- Kaito has raised nearly $11 million from funds such as The Spartan Group and Dragon Capital... and was initially valued at $87.5 million.
If they have received significant capital, projects often tend to introduce tokens so that VCs can get higher returns, and have a channel to cash out.
Also Read: Crypto projects raised $7.3 billion in Q4/2024. Which sector attracted the most capital?
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