Succinct Labs has raised $55M in Seed and Series A funding rounds led by Paradigm
Zero-knowledge proofs startup @SuccinctLabs has raised $55M in seed and #SeriesA funding rounds led by @paradigm. Other investors in the round include @robotventures, @BanklessVC, Geometry, ZK Validator and angels such as @sandeepnailwal and Daniel Lubarov (co-founders of @0xPolygon) and Sreeram Kannan (founder of @eigencloud). #SuccinctLabs' main product is SP1, an open-source, contributor-friendly zero-knowledge virtual machine (zkVM) that verifies the execution of arbitrary Rust programs.
🔗 https://t.co/E9Vp5UewaR
Espresso has raised $28M in a Series B funding round led by a16z crypto
@EspressoSys has raised $28M in a Series B funding round led by @a16zcrypto. Other investors in the round include @0xPolygon, @taikoxyz, @o1_labs, @StarkWareLtd, @offchain and strategic investors from @eigencloud, @alt_layer, @fraxfinance, @injective, etc. In April, #Espresso will be releasing its fifth testnet — Cappuccino. The team is targeting a #mainnet launch later in 2024.
Espresso is building a marketplace for shared sequencing, enhancing interoperability among #Layer2 rollups. In 2022, it raised $32M in a seed funding round backed by @sequoia, @ElectricCapital, @GreylockVC, @coinbase, and others.
🔗 https://t.co/V2tUef6TM1
Top 7 Projects to have a Potential Airdrop [Part 7]
There are active discussions about projects that have a high chance of launching their token and rewarding early adopters through an #airdrop like @arbitrum $ARB, @Optimism $OP, @Blur_io $BLUR, and @Uniswap $UNI did.
Let’s take a look at the 7 promising protocols, among narratives including #restaking #AI #L2 #DeFi #DA, with a potential #retrodrop in the future – in the thread 🧵
📝⚡New year, new ideas: 2024
Since @a16z released its omnibus list of “big ideas in tech” for 2024 — across domains such as American Dynamism, bio, consumer tech, enterprise, fintech, games, and infrastructure — we’re sharing below some themes of interest in crypto…
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Personally I think the next cycle will be about AI and Cosmo Hub (IBCs).
Tokens like $KUJI and $INJ will be an absolute no brainer.
Also $PAAL $FET $0x0 $ATOR $ZIG $ARC