ChainCatcher news, Binance Research has released a report on "The Road to One Billion On-Chain Users": The adoption rate of blockchain networks is significantly slower than that of social media networks, and decentralized systems are inherently more complex than centralized systems. Many blockchain projects are dedicated to creating decentralized alternatives for existing centralized products and services.The report studies three types of future users: institutions, retail investors, and cryptocurrency skeptics. For institutions, deep liquidity is required to execute trades effectively and efficiently with capital. The current multi-chain world results in liquidity being fragmented across multiple independent distributed ledgers and Layer 2s. The lack of blockchain interoperability also forces institutions to decide on adopting specific blockchain ecosystems. Meanwhile, chain abstraction has become an important development in bringing institutions on-chain.The report introduces the cross-chain interoperability protocol Axelar (AXL) as a case study, noting that Axelar (AXL) has achieved some initial success in collaborating with institutions to promote blockchain development: In November 2023, the Axelar (AXL) team successfully conducted a proof-of-concept collaboration with JPMorgan's blockchain platform Onyx, which utilized Axelar's cross-chain technology to achieve interoperability with private and permissioned blockchains.In May 2024, Deutsche Bank announced a partnership with Interop Labs, the team behind the Axelar (AXL) network project. Interop Labs will support Deutsche Bank's participation in the asset tokenization testing project led by the Monetary Authority of Singapore (MAS) — Project Guardian. Deutsche Bank aims to explore the capabilities of open architecture and interoperable blockchain platforms.

ChainCatcher news, according to a Binance research report, the initial supply of the Cosmos ecosystem scalability protocol Saga (SAGA) is 1 billion tokens, with a total circulation of approximately 90 million tokens at TGE (accounting for 9% of the initial total supply of the token).In terms of token distribution, airdrops account for 15.5%, Binance Launchpool accounts for 4.5%, ecosystem and development funds account for 30%, foundation reserves account for 10%, core contributors account for 20%, and investors account for 20%.So far, Saga has raised $15 million. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment, and Chorus One.

ChainCatcher message, according to the research report released by Binance, the token distribution plan for the decentralized derivatives trading platform Aevo's AEVO token is as follows: private investors will receive 18.5% of the maximum supply, Binance Launchpool will allocate 4.5%, market makers will receive 2%, community airdrop will account for 3%, the team will receive 23%, the company treasury will allocate 2.7%, the DAO treasury will receive 36%, and other circulating RBN tokens will account for 10.3%.It is reported that on March 13, 2024, the maximum supply of AEVO will be 1,000,000,000 tokens, with a circulating supply of 110,000,000 tokens. AEVO is built by the team that launched Ribbon Finance. RBN holders will be able to convert their RBN to AEVO at a 1:1 exchange rate, which requires a 2-month lock-up period. The remaining unlocking period for RBN will proceed as originally planned.In addition, AEVO currently has no unlocking release, but the DAO will allocate 16% for future users and ecological incentives, which is expected to take over 4 years.

ChainCatcher news, according to a research report released by Binance Research on the social Web3 game Pixels based on the Ronin Network, as of February 8, 2024, the project has raised $4.8 million through three rounds of private token sales, with 14% of the PIXEL token supply sold at prices of $0.005/PIXEL, $0.009/PIXEL, and $0.012/PIXEL. The total supply of PIXEL is 5 billion, with a circulating supply of 771,041,667 after listing (approximately 15.42% of the total token supply). Regarding its token sales and economics, 7.00% of the total token supply is allocated to Binance Launchpool, 14.00% to private sale investors, 12.50% to the team, 9.50% to advisors, 24.00% to ecosystem rewards, 17.00% to the treasury, 1.00% to liquidity, and 5.00% to Alpha rewards.The current roadmap for the project is: Q1 2024: Chapter 2 ------ Introduction of PIXEL tokens, Guilds ------ The combination of SocialFi and web3 games, additional pet minting; Q2 2024: Cave and land conquest updates, Chapter 3 ------ Combat system, launch of Realms ------ Player-created worlds and universes; Q3 2024: Chapter 4 ------ Farm upgrades and automation, Realms scripting engine; Q4 2024: Generative quests and exploration.