ChainCatcher news, the social competition platform MiniTon has announced the completion of its seed round financing. This round of financing was participated by multiple parties including Waterdrip Capital, Alchemy Pay, CGV, Web3Port Foundation, PangDAO Head Ricky, and OGBC Innovation Hub Founder Jayden Wei.It is reported that MiniTon is a project initiated with the support of the TON Foundation. MiniTon will use this financing to complete the development of the product's Alpha version and test its core metrics.Additionally, according to the Web3 asset data platform RootData, MiniTon is a social competition platform supported by TON, allowing users to play fun games and win real prizes.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. Waterdrip Capital has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." Waterdrip Capital is an investment institution focused on the blockchain industry.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, and five lists have been released, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, according to official sources, the smart weather data network operator SkyX has announced the completion of a $1 million Pre-Seed funding round, led by EV3, EOT Ventures, and Waterdrip Capital, with participation from Daedalus, J17 Capital, and Opulence.According to RootData, SkyX is a blockchain-driven meteorological network that employs an incentive system and web3 protocols. Its goal is to establish an innovative meteorological ecosystem by combining advanced IoT devices for weather stations with blockchain-based decentralized service protocols, utilizing SKY as a utility token to achieve economic benefits and address the traditional challenges of the meteorological industry. SkyX originated as a company selling smart devices and data services for weather stations, operating a network of 16,000 weather stations.

ChainCatcher news, the DePIN data network AiGO Network (hereinafter referred to as "AiGO") announced today the completion of a new round of strategic financing. This round of investment involves several well-known overseas investment institutions from different countries, including Waterdrip Capital, Cryptomind Group, K300 Ventures, Chain Capital, and Ticker Capital.Recently, AiGO has made significant breakthroughs in product development and ecosystem construction: as an innovator in the DePIN and AI sectors, AiGO has interacted and collaborated with traditional businesses in Southeast Asia and South Korea since its establishment, converting Web2 users to Web3 service experiences. The project recently launched a mini app and a mobile app, and innovatively proposed the concept of "Trip to earn," combining decentralized infrastructure with real-world scenarios.Currently, AiGO's activity on the Base public chain is outstanding, with interaction volume ranking in the top ten, highlighting the project's strong development momentum.

ChainCatcher news, DePIN data network AiGO Network announced on October 11 on X that it has completed a strategic round of financing, with participation from Chain Capital and Waterdrip Capital.According to another source, the Web3 asset data platform RootData shows that AiGO Network is a real-time, plug-and-play DePIN data network that provides decentralized access to verified GPS and geolocation data.

ChainCatcher news, recently, the first AAA MOBA blockchain game in the Web3 field, Infinitar, announced the successful completion of a $11.9 million financing round, led by Lam Group and AccelByte, with follow-on investments from Waterdrip Capital, AC Capital, DEX Ventures, and Mason Labs, resulting in a post-investment valuation of $150 million.Previously, Infinitar announced the completion of a seed round and angel round financing totaling $2.9 million, with Series A financing amounting to $9 million. The continued investment from Lam Group and AccelByte demonstrates a strong confidence in Infinitar's future development potential, providing robust financial support for its further expansion into global markets and driving product innovation.

ChainCatcher news, according to official sources, Waterdrip Capital has announced a strategic investment in the decentralized AI cloud gaming protocol DeepLink Protocol.Waterdrip Capital was officially established in 2017 with contributions from several senior practitioners who were among the earliest participants in the blockchain industry in China. It is an international investment institution focused on vertical fields of blockchain. Waterdrip Capital has invested in over 150 blockchain projects both domestically and internationally, covering areas such as public chain infrastructure, Bitcoin ecosystem, DeFi, metaverse, and compliant finance.DeepLink Protocol is a decentralized AI cloud gaming protocol that supports 1 ms ultra-low latency, 8 K high resolution, 240 fps high refresh rate, and 24-hour uninterrupted gaming experience through AI, blockchain, and streaming technology, providing an unparalleled user cloud gaming experience. It also maintains technological leadership in various fields such as AI super-resolution, network interoperability, video encoding and decoding, and network fluctuation optimization. The team has developed the DeepLink software based on this foundation, which currently covers over 100 countries worldwide, with more than 500,000 users, over 100,000 daily active users, and over 300,000 monthly active users, and is experiencing rapid growth.

ChainCatcher news, the Web3 content distribution protocol Metale Protocol recently announced an additional $2 million in funding, with participation from Waterdrip Capital, Aipollo Investment, and Ultiverse. To date, its seed round financing has reached a total of $4 million.The new funds will be allocated to its ecosystem's content creation fund to stimulate more content creation activities and promote the protocol's construction of a content asset issuance and distribution platform on-chain.Previously, in September 2023, the Web3 decentralized reading application Read2N announced a brand upgrade, rebranding itself as Metale Protocol.

ChainCatcher news, the first CDP stablecoin protocol in the BEVM ecosystem, Satoshi Protocol, announced the completion of its seed round financing. This round of financing was co-led by Web3Port Foundation and Waterdrip Capital, with participation from BEVM Foundation, Cogitent venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, Supremacy, and other institutions.

ChainCatcher news, the BTC Layer 2 public chain project AINN Layer2 announced that it has received strategic investments from several well-known institutions in the BTC ecosystem. Waterdrip Capital, Satoshi Lab, Foundinals Lab, Monday Capital, AlNN Labs, Bitrise Capital, Genblock Capital, the exchange AscendEx, and Bitmart's fund Cipholio Ventures, as well as several leading KOLs in the BTC ecosystem and partners from top dollar institutions participated in this round of investment.It is reported that AINN Layer2 is the first BTC Layer 2 network project to support large-scale applications of Web3 AI, aiming to continuously build the infrastructure for Web3 AI and dedicated to supporting the development of applications that combine Web3 and AI.

ChainCatcher news, Taproot Labs announced that it has received a joint strategic investment from Waterdrip Capital, Satoshi Lab, and Negentropy Capital.It is reported that Taproot Labs focuses on developing Bitcoin application layer Layer2 and a multi-chain asset trading platform based on the Lightning Network Taproot Assets Protocol. Currently, it has launched two product lines: Taproot Chain and Taproot Exchange. Taproot Labs will provide stable, high-speed, and secure application layer solutions for the BTC ecosystem.

ChainCatcher news, in the "2023 Web3 Industry Development Research Report and Annual List" published by the crypto asset data platform RootDada, Waterdrip Capital has been selected as one of the Top 100 investment institutions in 2023.In 2023, Waterdrip Capital's publicly disclosed investment projects exceeded 18, with representative projects including BitSmiley, DLC.Link, 4EVERLAND, Fileverse, and others.

ChainCatcher news, Bitcoin ecosystem core investment institution Waterdrip Capital announced an investment in BiHelix. BiHelix, as the first Bitcoin ecosystem infrastructure based on the native Bitcoin blockchain, combining the RGB protocol and the Lightning Network to build optimized nodes, will primarily use this funding to promote the development and implementation of its MVP and ecosystem construction.

ChainCatcher news, the DePIN track shared charging pile project PowerPod has recently completed a $1 million seed round financing, led by Waterdrip Capital, with participation from Iotex, Future Money Group, JDI Group, Future3 Campus, and Wagmi Venture.This financing will mainly be used to strengthen hardware development and testing, validate the minimum closed loop of the business model, and build the community ecosystem. PowerPod aims to build a globally open and interconnected charging network to help accelerate the achievement of low carbon emission goals in the global transportation sector.

ChainCatcher news, the Bitcoin-based game project Ordz Games tweeted that it has completed its seed round financing, led by Waterdrip Capital, with participation from UniSat Wallet, CoinSummer, SatoshiLab, and Sora Ventures. The amount of financing has not been disclosed.According to RootData, Ordz Games is a 100% fully on-chain, offline playable retro arcade game. In addition, the utility BRC-20 token $OG$ of Ordz Games has been renamed to $ORDG, and will open for a 1:1 exchange on January 5, 2024.

ChainCatcher news, Bitcoin Layer2 MAP protocol announces strategic investment from Waterdrip Capital. Established in 2019, the MAP protocol is a Bitcoin Layer-2 designed for peer-to-peer cross-chain interoperability.The MAP protocol leverages Bitcoin's security mechanisms, allowing assets and users from other public chains to interact seamlessly with the Bitcoin network. This not only enhances network security but also enables BRC20 cross-chain capabilities.