updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6114hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6114\ud83d\udcf2 Insider Info in my Socials \ud83d\udc49 https:\/\/guy.coinbureau.com\/socials\/
\n\ud83d\uded2 20% Binance Discount + $10 FREE \ud83d\udc49 https:\/\/guy.coinbureau.com\/binance\/
\n\ud83d\udc55 “Hodl On” Hoody \ud83d\udc49 https:\/\/store.coinbureau.com\/product\/keep-calm-black-hoodie\/
\n\ud83d\udd25 TOP Crypto TIPS In My Newsletter \ud83d\udc49 https:\/\/guy.coinbureau.com\/signup\/<\/p>\n
~~~~~<\/p>\n
\ud83d\udcfa Essential Videos \ud83d\udcfa<\/p>\n
USDC CBDC Conspiracy \ud83d\udc49 https:\/\/youtu.be\/jWM-MdT2rDg
\nTop Polkadot Projects \ud83d\udc49 https:\/\/youtu.be\/KzqLf7Kteuk
\nAlgorand Explained \ud83d\udc49 https:\/\/youtu.be\/7NdjivxrDoc
\nRichest People In Cryptocurrency \ud83d\udc49 https:\/\/youtu.be\/ebcW_kq8UEY
\nLatest Ethereum Updates \ud83d\udc49 https:\/\/youtu.be\/lANUSdHg2oc
\nSolana Explained \ud83d\udc49 https:\/\/youtu.be\/PA1kA5yT1Ac<\/p>\n
~~~~~<\/p>\n
– TIMESTAMPS –
\n0:00 Intro
\n2:10 List Criteria And Honorable Mentions
\n4:55 Fifth Place: Polkadot & Kusama
\n7:27 Fourth Place: Chia Network
\n9:19 Third Place: Algorand
\n11:24 Second Place: Flow
\n13:16 First Place: Solana
\n15:47 Conclusion<\/p>\n
~~~~~<\/p>\n
\u26d3\ufe0f \ud83d\udd17 Useful Links \ud83d\udd17 \u26d3\ufe0f<\/p>\n
\u25ba Andreesen Horowitz Record Crypto Fund: https:\/\/cointelegraph.com\/news\/andreessen-horowitz-launches-biggest-ever-crypto-venture-fund-at-2-2b
\n\u25ba Polkadot & Kusama 30M Raise: https:\/\/cointelegraph.com\/news\/polkadot-dot-and-kusama-ksm-skyrocket-in-price-after-attracting-30m-in-funding
\n\u25ba Chia 61M Raise: https:\/\/www.coindesk.com\/chia-network-receives-61m-in-venture-funding-report
\n\u25ba Algorand 100M Raise: https:\/\/cointelegraph.com\/news\/arrington-capital-to-back-algorand-projects-with-100m-growth-fund
\n\u25ba Flow 305M Raise: https:\/\/www.coindesk.com\/michael-jordan-joins-305m-investment-in-firm-behind-nba-top-shot
\n\u25baSolana 314M Raise: https:\/\/cointelegraph.com\/news\/solana-labs-raises-314m-via-private-token-sale-as-ecosystem-support-expands<\/p>\n
~~~~~<\/p>\n
\ud83d\udcc3List Criteria And Honorable Mentions\ud83d\udcc3<\/p>\n
For starters, I only collected data about the money cryptocurrency projects have raised since the start of the year. I also excluded any projects that don\u2019t have their own coins or tokens (and stablecoins)<\/p>\n
Notable crypto raises include Taxbit\u2019s 100 million dollar raise, Bitgo\u2019s 250 million dollar raise, Blockchain.com\u2019s 300 million dollar raise, and BlockFi\u2019s 350 million dollar raise<\/p>\n
\ud83d\udc26Fifth Place: Polkadot & Kusama\ud83d\udc26<\/p>\n
Because Kusama is Polkadot\u2019s living testnet, parachain slot auctions are being run on Kusama first before they begin on Polkadot, and most Polkadot projects will first be launching on Kusama<\/p>\n
As you might have guessed, these parachain slot auctions is what has attracted VC money to Polkadot and Kusama. Both projects have raised between 30 to 150 million dollars since the start of the year<\/p>\n
\ud83c\udf43Fourth Place: Chia Network\ud83c\udf43<\/p>\n
Chia\u2019s consensus mechanism is apparently quite taxing on hard drives, with most of them becoming unusable for Chia mining after just a few weeks<\/p>\n
This is why I\u2019m a bit surprised that Chia managed to raise over 60 million dollars in May, but it might have something to do with Bram wanting to take Chia\u2019s parent company public<\/p>\n
\ud83d\udc68\u200d\ud83c\udfebThird Place: Algorand\ud83d\udc68\u200d\ud83c\udfeb<\/p>\n
Given Silvio Micali\u2019s strong connections to public and private institutions in the United States, Algorand has positioned itself as one of the prime candidates for a US central bank digital currency contract<\/p>\n
I reckon this is a part of why the Algorand Foundation received 100 million dollars last month to fund projects building on the Algorand blockchain<\/p>\n
\ud83c\udf0aSecond Place: Flow\ud83c\udf0a<\/p>\n
Flow\u2019s own NBA top shots has been an incredible success, recently crossing the 1 million user mark and bagging over 700 million dollars in NFT sales since its launch<\/p>\n
In March this year, Dapper Labs received 305 million dollars from more than two dozen VC firms, dozens of professional athletes, and even a handful of basketball obsessed musicians<\/p>\n
\u2600First Place: Solana\u2600<\/p>\n
Solana is known for being the fastest cryptocurrency on the market. It can process over 65 thousand transaction per second, which puts it on par with payment processors such as Visa<\/p>\n
Here\u2019s a quick rundown of Solana\u2019s funding rounds. 6 million in March. 40 million in March. 60 million in May. 100 million in May. And 315 million in June. Grand total, 521 million dollars.<\/p>\n
~~~~~<\/p>\n
\ud83d\udcdc Disclaimer \ud83d\udcdc<\/p>\n
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.<\/p>\n