1. Basic introduction
Solana is a Layer 1 blockchain based on PoH, focusing on high energy efficiency, high transaction speed, and low fees. It was founded in 2017 by former Qualcomm executive Anatoly Yakovenko. After the FTX thunderstorm, the SOL token price and the entire ecosystem suffered a fatal blow, and the Solana ecosystem was in an extremely sluggish state for more than a year.
At present, the Solana ecosystem has restored its vitality, mainly for the following reasons:
1) The overall market recovery. According to Artemis data, on October 1, 2023, the market value of stablecoins in the blockchain market was 130B. In the fourth quarter of 2023, the market value of stablecoins increased to 135.5B. As of March 26, 2024, the number of stablecoins in the market increased to the current 156.5B. The market value of stablecoins on Solana increased from 883.9M to 97.5B, a growth rate of approximately 170,000%.
2) Multiple new projects appear in the ecological project, and potential airdrops attract users. Jupiter, the largest transaction aggregator on the Solana chain, announced in January 24 an airdrop of JUP to early users, Bonk airdrop to soga mobile phone holders, etc., as well as a series of new protocols in the Solana ecosystem, Drift Protocol, Backpack, Marginfi, magic eden. The currency has not yet been issued, which has aroused users' enthusiasm for interacting with new projects in the Solana ecosystem.
3) High-performance features have contributed to the prevalence of meme culture. As the price of ETH tokens rises, the interaction fees of the Ethereum chain are too high compared to other public chains and second-layers, prompting non- whale users to disperse to other chains. As the original leading meme token on Solana, BONK’s market value reached US$1.5 billion in mid-December, and the wealth-creating effect of memes on Solana began to spread.
2. Token situation
The total number of SOL tokens is 573 million, the circulation is 444 million, and the token pledge amount is 360 million. The current market capitalization is US$87.2 billion, which has exceeded the previous bull market high.
3. Ecology
The current TVL of Solana is US$4.99 billion, and the ecosystem is in a stage of rapid recovery. It is just one step away from the TVL high of $10 billion during the last bull market. The number of daily active users and new addresses on the chain has continued to hit new highs since May 2022. Since March 2024, the number of active addresses has been 37.43 million, and the number of new addresses has been 27.84 million.
Meme
Meme, Chinese for "meme", is defined as "the basic unit of culture that can be transmitted through non-genetic means, especially imitation." In the Internet society, memes are considered to be viral culture , the form can be language, pictures, videos, behaviors, etc. The replication properties of memes should have three characteristics, namely inheritance, mutation and selection. After users voluntarily filter information, they copy and share the information they agree with. Information that is difficult to gain public recognition often fades out of the public's sight over time, thus realizing cultural inheritance and selection. In the process of communication, it should have the characteristics of re-creation, so as to realize the re-creation of culture. In addition, we also need to pay attention to the power of subconscious emotions. Only when enough transmitters fully add their own emotions and emotions can it be possible to achieve explosive results.
The top 100 meme tokens by market value are DOGE, SHIB, PEPE, WIF, FLOKI, and BONK. Except for the meme tokens on Ethereum, only Solana meme tokens are in the top 100 in terms of market value. In the meme culture of the blockchain, the "DOGE" dog culture can be regarded as the original cultural unit. SHIB and FLOKI are the re-creations of dog culture on the Ethereum chain, while BONK and WIF are the re-creations of dog culture on Solana. . The WIF community contains a broader community base, so it later surpassed BONK and became the meme leader on Solana.
Market capitalization (data taken from Coingecko; March 24, 2024)
Dogwifhat (WIF)
The dogwifhat meme was originally popular among players of Fortnite and Rocket League. On November 6, 2019, Fortnite professional player issa first set his Twitter profile picture to a photo of a Shiba Inu wearing a pink knitted hat. Twitter user @Vapurly commented "Dogwifhat" and later posted "Join dogwifhat" of Twitter content. Subsequently, a large number of influential celebrities successively used the image as their social media avatar, including Fortnite anchor Vraxito, Rocket League players Spoodah, nxtsabo, etc.
The Dogwifhat token was inspired by this image and launched in November 2023. On March 1, 2024, Robinhood announced that it would add support for WIF to its encryption platform. On March 2, Arthur Hayes, co-founder and CEO of cryptocurrency exchange BitMEX, tweeted that he was optimistic about WIF.
Bonk(BONK)
BONK was launched on December 25, 2022. As a Christmas gift to the Solana community, 50% of the tokens were used for airdrops. The project aims to challenge the dominance of VC tokens and oppose the token economics of low circulation and high inflation.
BONK tokens are highly accepted in the solana community, and are accepted by penBook and Orca platforms as a payment option for NFTs, and as an incentive for staking NFTs on platforms such as SolFarm and BonkStake. BONK is also expanding its influence further by airdropping Solana Saga encrypted mobile phones.
Book of MEME（BOME）
Book of MEME is a CC0 meme library, which can also be a decentralized social network, NFT that can link everything, and mini GIFs on the solscan network, published by Pepe Meme artist Darkfarm. The project originally planned to raise 500 SOL, but finally raised a total of 10,131 SOL. All SOL raised are added to the LP pool, providing good initial liquidity so that whale can easily participate in transactions.
Slerf (SLERF)
On March 17, Slerf released fundraising news through its Twitter account and successfully raised more than 50,000 SOL. Half of the funds raised will be used for pre-sale and the other half will be injected into the liquidity pool (LP). This approach is consistent with other fundraising methods. The rules of the MEME project are the same, and there is no outstanding point. However, on the 18th, the founder of the Slerf project @Slerfsol announced on
Myro (MYRO)
Named after Solana co-founder Raj Gokal’s pet dog Myro. MYRO holders can use the tokens to purchase limited edition Myro merchandise, including T-shirts, hats and sweatshirts. The project also hosts regular community events, including voice chats, forums and competitions to enhance community cohesion. The team chose to implement a 0% transaction tax on the token to ensure that users will not incur additional fees when making transactions. In addition to giving up contract ownership, developers also burn their LP tokens, further strengthening the decentralized nature of meme tokens.
WEN
WEN is a test issuance of meme tokens based on the LFG Launchpad platform launched by the Jupiter project.
The token distribution is: 70% is used for airdrops. The airdrop targets include Jupiter users, Ovols NFT holders, blue chip NFT holders, Genesis Saga NFT holders, mockJUP test users, etc. 20% is used to build liquidity in DLMM; 10% is retained in the treasury, of which 0.75% of WEN will be given to Jupiter DAO and 0.25% will be given to the Jupiter team; after the airdrop application is completed, all unclaimed WEN will be destroyed.
DEX
Jupiter（JUP）
Introduction: Jupiter launched in September 2021 as a DEX aggregator on Solana, aiming to provide Solana users with a better trading experience by delivering liquidity from multiple sources. Currently, it mainly provides four major functions: transaction aggregation, limit order, DCA/fixed investment, and Jupiter Start.
According to the Coingecko decentralized exchange trading volume ranking, Jupiter's 24-hour trading volume is only lower than Uniswap, occupying second place, and has surpassed Uniswap several times in recent times. On the one hand, due to the popularity of the Solana ecosystem and extremely active trading volume, and on the other hand, due to its good liquidity, Jupiter has become the first choice for Solana users to trade.
In order to let Jupiter community members and users know more about new projects in the Solana ecosystem, Jupiter launched the Jupiter Start business. One of the key functions is the Launchpad Launchpad (LFG), which is now the only active self-contained launcher on Solana. Taiwan’s DEX. Currently, LFG Launchpad has opened its first round of voting on March 7, and can issue tokens for supported candidate projects. The first-round candidate projects are Zeus Network, SharkyFi, and UpRock. Zeus Network has confirmed that it will launch LFG Launchpad.
In the voting process designed by Jupiter DAO, JUP holders obtain voting rights by locking JUP tokens and actively vote on proposals and LFG candidate projects, with no minimum pledge limit. There is a 30-day cooling-off period for the unlocking of pledged tokens. During this period, you can still participate in voting, but your voting rights will gradually decrease.
Jupiter plans to distribute 100 million JUP tokens and 75% of launchpad fees to stakers. According to Jupiter DAO historical data, 22,000 wallet addresses and approximately 240 million tokens have been pledged in the first round of voting (March-June). This time there are 50 million tokens and other Launchpad fees (including 7.5 billion WEN) will be put into distribution, and another 50 million will be used in the next quarter, which means that the JUP first round (90 days) staking return rate can reach at least 84% (0.5/2.4/90*100%*365).
Moreover, Jupiter has specially established Jupiter Labs for incubation infrastructure. The products currently tentatively planned to be launched are derivatives DEX and LSD stable currency. Labs is independent of Jupiter and will eventually operate independently. Derivatives Perps is similar to the GMX V1 protocol. It has launched a beta version and supports three assets: SOL/ETH/WBTC. The most active SOL trading pair has a 24-hour trading volume of US$200 million. It is enough to see that driven by Jupiter, Jupiter Labs has attracted More market users and funds. The stablecoin protocol XYZ has not been launched yet, and users can mint the interest-bearing stablecoin SUSD by staking SOL.
At present, Jupiter has aggregated most of the transaction volume on Solana, and with the support of its huge user traffic and project resources, Jupiter Start and Jupiter Labs can promote the improvement of Jupiter and Solana ecosystem, and can form a certain degree of The linkage effect further expands Jupiter’s market potential.
Team and investment:
The main members of the team are Meow and Ben Chow, who founded Jupiter in May 2021. At the same time, they are also members of Meteora, the liquidity platform on Solana. Jupiter has not announced any financing.
Token situation:
The project will officially issue coins on January 31, 2024. Its total number of tokens will be 10 billion, 40% of which will be distributed to the community through 4 rounds of airdrops. The first round of airdrops will allocate 10% of the tokens, which means There are still expected airdrops in the future to encourage users to adopt.
The current market value is US$1.605 billion, and mainstream exchanges listed on it include Binance and Gate. The circulation of JUP is 1.35 billion, and 240 million tokens were pledged in the first round of voting, which is equivalent to locking 18% of the liquidity, and there are even fewer chips circulating in the market. Under the spiral effect of high yields and reduced circulation, it is possible to further promote the increase in the price of JUP tokens.
Raydium(RAY)
Introduction: Raydium is the first AMM and liquidity provider built on Solana, and its core product is Raydium DEX. Raydium is unique in that its integration with Serum’s order book enables market participants to trade digital assets more flexibly, and Raydium’s liquidity pool contributes to Serum’s order book, enhancing overall liquidity. This integration ensures that anyone on Serum can trade orders on Raydium and vice versa.
Raydium also has its own Launchpad function and was once the most popular DEX on Solana. The previously popular Star Atlas game project also completed its IEO on this platform. Raydium's new pool can be Ray Pool and Community Pool. Community Pool completes some social platform interaction tasks according to the requirements of the project party to participate in the issuance of IEO. Ray Pool is the token RAY that can obtain new tickets based on the number of pledges, thereby providing RAY token empowerment.
However, the project suffered a hacker attack in December 2022, resulting in a loss of approximately US$4.4 million, and was later compensated to investors through the project treasury. Due to the decline of the Solana ecosystem and the negative impact of hacker attacks, Raydium entered a trough of development, and its market value was once surpassed by Orca.
Team and investment
Rdydium's team has many years of experience in the field of cryptocurrency quantification and market making, and was introduced to the Solana ecosystem by the FTX team. Raydium did not announce the relevant financing amount.
Token situation:
The total supply of RAY tokens is 555 million, launched on February 21, 2021. The current market value is US$500 million, the FDV is US$1.07 billion, and the token circulation reaches 46.7%. In the RAY economic model, 22% of tokens are allocated to teams and consultants. It is reported that these tokens have a lock-up period of at least 3 years, which means that some of the team’s tokens may face unlocking in 2024.
Depin
Nosana (NOS)
Introduction: Nosana is a distributed GPU network that allows anyone to rent computing power. By utilizing the potential capabilities of idle GPUs around the world, it can achieve on-demand access to GPU computing power, solve the problem of GPU shortage in the market, and provide metaverse projects for AI users. Required computing resources.
Nosana’s goal is to combine AI with blockchain technology to meet the growing demand for GPU units for AI inference.
With the explosive growth in the AI field, Nosana has quickly turned to AI reasoning, and the token price has performed relatively well as a result.
According to Nosana browser data, Nosana AI reasoning will show relatively strong demand from mid-December 2023 to March 2024.
Token situation:
The total number of NOS tokens is 100 million, the current market value is 410 million US dollars, and the circulation volume reaches 83%. Mainstream exchanges listed include Gate and MEXC. Liquidity is mainly concentrated in Raydium.
NOS is the native token of the Nosana ecosystem and is used to pay service fees and purchase computing resources in Nosana. NOS tokens are also required when deploying AI inference work on Nosana. At the same time, Nosana provides token staking for users to earn rewards. Of the fees generated in the Nosana network, 2% is used to reward NOS stakers, and NOS tokens can capture a certain value in the Nosana network.
Helium(HNT)
Introduction: Helium aims to use corresponding incentives to encourage miners to deploy hotspots, provide wireless network coverage, provide low-power, wide-coverage wireless network access for IoT devices, and reward miners through an original coverage proof mechanism. Helium's potential and prospects come from its mining model. Its original PoC (Proof of coverage) is an optimized version of the PoW mining mechanism, which can also be regarded as a geographical location PoW mining mechanism. It is completed through wireless network technology. Its characteristics are: It consumes less energy, does not require a lot of electricity, and has a very low entry threshold for mining, so it is popular among users.
On April 20, 2023, the Helium network completed its migration to the Solana network, and the strongest ecological and strongest narrative buffs were superimposed. Currently, the community covers nearly 990,000 hotspots and 400,000 active hotspots.
The 2024 DePIN Global Hardware Conference will be held at the Hong Kong Cyberport on April 8. Helium Foundation CEO Abhay Kumar has confirmed to attend.
Team and investment:
The Helium project was founded in 2013. The project is headquartered in San Francisco, USA. Since 2014, Helium has completed at least 4 rounds of financing. In 2022, it will complete a US$200 million D round of financing with a valuation of US$1.2 billion. The performance of each round of financing They are all very eye-catching, with participating companies including A16Z, Multicoin and Google Ventures.
Token situation:
The total number of HNT tokens is 223 million, the circulation is 163 million, and the market value is US$980 million. HNT is the main economic asset in the Helium ecosystem, and the only way to pay for network data transmission is to burn HNT.
Helium Mobile (MOBILE)
Introduction: Helium Mobile wants to become a decentralized 5G network operator, incentivize individuals to share hotspot facilities through tokens, and use countless small and dispersed hotspots to replace large base stations, thereby achieving a low-cost, high-coverage network. MOBILE is the Helium subDAO governance token that was introduced to the broader Helium network through community proposal HIP53. The token is mined by 5G-CBRS and WiFi hotspots through data transmission and coverage proof. The network proposes a mechanism in which usage determines token rewards, which to some extent reduces the possibility of idling devices to cheat rewards. The project is in its early stages and the equipment participating in the network is still very limited.
Token situation
The maximum supply is 230 billion. Token mining will begin in August 2022 and will be halved every two years. Both hotspot providers and service providers must stake MOBILE tokens to join the network. The current circulation of tokens is 85.6 billion, with a circulation rate of 37%. It has been listed on Coinbase.
Shadow Token (SHDW)
Introduction: Shadow is a stable, high-performance cloud platform developed by GenesysGo and supported by a decentralized operator network. Shadow Drive is a decentralized, high-performance and scalable object storage designed for Web3 builders. Shadow's Solana RPC is built on a network of independent operators, truly decentralizing the back-end API by paying computing fees directly to ecosystem operators.
Previously, for storage activities such as NFT on Solana, third-party storage solutions such as Arweave and Filecoin were often used. However, they are both independent storage public chains and are incompatible with Solana. Storage activities are paid with their respective tokens. ShadowDrive is the native storage system of the Solana ecosystem and is designed to meet Solana’s growing demand for ecosystem storage.
According to the official documentation of the project, the storage cost of Shadow Drive is cheaper than any similar project on the market. On the one hand, it benefits from the low gas cost of Solana itself, and on the other hand, due to the reasonable decomposition, scheduling and management of storage tasks at the bottom of Shadow Drive. Arrangement, here involves the project's data distribution and consensus engine DAGGER (directed acyclic gossip graph enabling replication), which can optimize fast data access and file processing, making storage more efficient.
On January 17, 2024, it was officially announced that the ShadowDrive V2 and DAGGER test networks were launched, and the project provided a total of 600,000 SHDW tokens to incentivize node operators and users who contributed.
Moreover, GenesysGo officials bluntly stated on the X platform that the task in the first half of 2024 is to deploy ShadowDrive V2 and DAGGER to the mainnet, and the task in the second half of the year is marketing, marketing, marketing.
Token situation:
The total number of SHDW tokens is 169 million, and the current circulation has reached 96%. The market value is US$220 million, and FDV is US$230 million. It has not yet been launched on mainstream centralized exchanges, and liquidity is mainly concentrated on Raydium.
Solchat(CHAT)
Introduction: Based on the communication protocol of the Solana blockchain, users can make voice calls, text messages and other operations through the web3 environment, and all group chat information is stored on the chain, and each user interaction will be encrypted for privacy protection. It is currently in v1 version and is expected to release v2 version soon. v2 is the final version and will reduce usage fees, support group chats and add NFT avatars and other functions. The success of the Facetime communication between its v1 version of the wallet and the wallet caused the price of its token to rise.
Token situation:
The total supply of CHAT tokens is 10 million, 50% is used for pre-sale, 10% is used as LP, 10% is allocated to the team, 10% is used for marketing, and 10% is used for centralized exchanges. The current market capitalization is $90.6 million.
Solchat has introduced a staking mechanism where users can stake their $CHAT tokens into the staking pool to receive an 80% revenue share of the total pool.
Solcard (SOLC)
Introduction: Solcard is an encrypted virtual card that supports SOL recharge and no KYC. This encrypted virtual card supports online shopping. Solcard charges a 5% fee on each user deposit and plans to return 50% of the fee to SOLC token holders. WeChat’s support for Solcard binding payment has caused its price to rise.
Token situation: The total number of tokens is 100 million, 80% is used for fair sale, 10% is used for marketing, and 10% is used as reserve treasury and operations. The current market capitalization is $16 million.
Liquid Staking Protocol
Since ETH becomes an interest-bearing asset after being converted to PoS, the threshold for individuals to directly participate in staking is high, and the staking services launched by exchanges have been criticized for being highly centralized. Liquidity staking platforms can provide pledge-proof tokens and can be used in DeFi protocols Use it to improve the utilization rate of funds and thus be favored by the market. The inflationary model of the SOL token economic model also incentivizes SOL holders to stake their tokens.
The number of SOL pledges reached a historical peak on October 30, 2023, at 398 million. Due to the rise in currency prices, some tokens have chosen to un-pledge. Currently, Solana has pledged a total of 380 million SOL, of which more than 357 million are pledged directly through nodes, and 23 million SOL are pledged through the liquid staking protocol. Among them, the three largest liquid staking protocol in the ecosystem are Marinade Finance, Jito Network and Blazestake.
Jito network
Introduction: Jito network is a liquid staking protocol launched by Jito Lab. Jito provides pledgers with staking income and can also capture the MEV income in the Solana network. Its products include: client Jito Solana, Jito Bundles, blockchain builder Jito Block Engine, and MEV distribution system. Since its MEV business can allocate part of the MEV income to JisoSOL, the income of users staking through Jito is also relatively higher. The protocol TVL grew rapidly before November 2023. The number of pledges fell after the airdrop snapshot, and the number of pledges increased slowly after January. According to dune data, Jito is currently the largest liquid staking protocol in the Solana ecosystem, with 9.16 million SOLs pledged.
Investment agency:
The seed round received US$2.2 million in financing.
The Series A round of financing received US$10 million, led by Multicoin Capital and Framework Ventures, with participation from Solana Ventures and Solana Labs co-founder Anatoly Yakovenko.
Token situation
Jito's native token is JTO, with a current circulating market value of US$331 million. It was officially issued on December 7, 2023, with a total supply of 1 billion, and the current circulation is 11.7%. The main trading venue is Binance. 34.3% of the total token supply is used for community growth; 24.5% is allocated to core contributors; 25% is used for ecological development; 16.2% is allocated to investors. Of the tokens allocated for community growth, 100 million were allocated for airdrops, 80 million were allocated to holders of JitoSOL, 15 million were allocated to validators running the Jito client, and 5 million were allocated to the search for Jito MEV By.
Marinade
Introduction: Officially launched in August 2021, it is the earliest liquid staking protocol in the Solana ecosystem. Users can pledge SOL on the Marinade platform and obtain mSOL. The unlocking time of mSOL is usually 3 days, which is consistent with the Solana network staking epoch time. Marinade also provides a native staking service, allowing users to obtain staking benefits without using any smart contracts (that is, no LST). The current number of SOL pledged on Marinade is 6.23 million.
As the earliest staking agreement on the Solana chain, Marinade’s maximum SOL pledge amount in history is approximately 9 million. Subsequently, it was successively impacted by the launch of staking platforms such as Lido and Jito, and its business has remained at a relatively stable level for a long time. Marketing capabilities are relatively average, so market attention has always been low.
Token situation: The total number of tokens is 1 billion, the circulating market value is US$78 million, and it has been listed on coinbase. 35% (350 million) of the token distribution is allocated to liquidity mining, and approximately 0.17% (1.7 million) is distributed weekly to reward mSOL holders.
Blazestake
Introduction: Blazestake launches in May 2022. On the BlazeStake platform, stakers have two options: one is to join the standard delegation pool, and the other is to choose any validator for SOL staking. Either way, stakers receive bSOL as proof of their liquidity staking earnings. The platform's network pledge amount increased rapidly in November 2023, from 600,000 SOL to 2.39 million SOL, with a growth rate of 400%, which may be related to the platform's hint of an airdrop.
Token information:
The total number of tokens is 10 billion, and the current market value is $19 million. No other token information found.
Oracle
Python Network (PYTH)
Introduction: Pyth Network is a price oracle solution developed by Douro Labs. This protocol product mainly provides Price Feed (price feeding service), Benchmarks (providing on-chain and off-chain historical data) and Entropy (random number) services. Pyth Network uses first-party data networks to publish data to Solana and Pythnet, supporting data sources from traders, market makers, and DeFi protocols. Pyth uses a "push" model to solve the problems of the traditional "pull" model and reduce latency, scalability and network costs.
In February 2024, Python's transaction volume accounted for nearly 20% of the Solana network. Due to the popularity of solana meme token transactions in March, Python's transaction volume still accounted for nearly 10% of the Solana network. Due to its wide range of partners, multiple protocols have announced token airdrops for PYTH stakers.
Investment agency:
The completion of strategic financing was announced in December 2023. Encryption companies such as Castle Island Ventures, Multicoin Capital, Wintermute Ventures, Borderless Capital, CMT Digital, Bodhi Ventures, Distributed Global and Delphi Digital participated in the investment. The financing amount was not disclosed.
Token situation: The maximum supply of tokens is 1 million. The current token circulation rate is 15%. The next token unlocking time is May 20, and the circulation volume will increase to 36.2%. Staking PYTH tokens can participate in protocol governance voting. The current pledged amount is 127 million, accounting for 8.4% of the circulating supply.
Parallel EVM
Neon（NEON）
Introduction: Neon is the Ethereum virtual machine on Solana. It is compatible with EVM and allows developers to use Ethereum tools to build and deploy decentralized applications (dApp) on Solana. It is built by Neon Labs.
NEON creates an EVM-like code execution environment that works by bringing incentivized Neon EVM operators onto the Solana blockchain, who facilitate transactions on behalf of Ethereum dApp users. These operators receive Ethereum-like transactions from dApps using the Neon EVM. They are then packaged into Solana transactions, and finally these transactions are sent to the Solana blockchain for execution.
Neon EVM enables Solidity and Vyper-based dApps to take advantage of the benefits of the Solana network: low fees, high transaction speeds, and parallel transaction execution capabilities.
Team and investment
Neon CEO Marina Guryeva holds a master's degree from INSEAD, and CTO Andrey holds a master's degree in computer science and control systems. Both of them have extensive experience in blockchain work.
Neon completed US$40 million in financing on November 9, 2021, led by Jump Capital, with participation from Three Arrows Capital, Solana Capital, IDEO CoLab Ventures and others. Then, on November 11, Advanced Blockchain AG, a German blockchain incubation company, announced that it had invested in Neon Labs through its subsidiary.
Token situation:
The total supply of NEON tokens is 1 billion, and the current circulating volume accounts for 5.77%. The circulating market value is 100 million US dollars, and FDV is 1.74 billion US dollars. NEON tokens will be launched on July 17, 2023. The current circulating part is basically 5% of the public offering. The tokens of seed round investors, early contributors, teams and other relevant stakeholders have a 1-year lock-up period, and within 1 year thereafter Linear unlocking, the unlocking period is July 17, 2024.
The main liquidity venues for NEON are Gate.io and Orca. On March 27, Coinbase included SHDW and NEON tokens in the currency listing roadmap.
LD Capital — Established in 2016, LD Capital is ones of the earliest global blockchain investment institutions. With a portfolio exceeding 250 investments, they focus on disruptive innovation in Infra, AI, DeFi, GameFi, and the ETH/SOL ecosystems. LD Capital actively seeks to become the lead investor for projects, providing full-stack services including direct investment, AI ecosystem fund and distributed fund to cover all areas of investment.
Cycle Trading — Cycle Trading is a leading liquidity provider, accelerating project growth across all aspects including liquidity provisioning, platform network access, strategic marketing, and business strategy guidance. Their team of nearly 30 highly skilled engineers and economic advisors, with experience at leading institutions like Binance, Jump, and CITIC, leverages expertise in macroeconomics, industry trends, and project design principles to identify promising ventures. Further bolstering the ecosystem, they established Trend Research, a cryptocurrency hedge fund that invests in and fosters promising “dark horse” projects .
website: ldcap.com
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mail: BP@ldcap.com
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