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RootData: The DeSci track is still in its early stages, with only 2 rounds of funding totaling 11.2 million dollars disclosed this year

ChainCatcher news, recently, Binance founder Zhao Changpeng stated on social media X that he is studying articles related to biotechnology and considering how to leverage cryptocurrency technology to accelerate the flow of research funding. Industry insiders believe that if Zhao Changpeng, who has ample time and resources, enters the DeSci field, it will bring new development opportunities to this sector. Currently, crypto leaders such as Vitalik Buterin and Coinbase founder Brian Armstrong have also expressed strong interest in this field.Overall, the development of the DeSci sector is still in its early stages. According to RootData, the DeSci sector completed $11.2 million in financing in 2024 (as of November), a year-on-year decrease of 18.1%. This year, several financing rounds in this sector include: the DeSci financial layer protocol BIO Protocol completed a $6.2 million public round of financing on August 21 and received strategic investment from Binance Labs on November 8, marking Binance Labs' first investment in the DeSci sector; on September 25, a16z led a $5 million seed round for AminoChain. Additionally, Pfizer had previously invested in VitaDAO in January 2023.In terms of financing scale, the decentralized biotechnology protocol Molecule has raised a total of $13.7 million through three rounds of financing, with over 50 investors including Shine Capital, Northpond Ventures, and Sora Ventures. So far, projects in the DeSci sector have cumulatively raised over $60 million.Data shows that the market capitalization of DeSci project tokens exhibits a clear stratification, with ResearchHub (RSC) leading with a $496 million FDV, followed by HairDAO and VitaDAO with $105 million and $86.83 million, respectively. The second tier is represented by ValleyDAO, GenomeFi, and Data Lake, all with FDVs in the $15-30 million range, but still significantly lower than the leading projects. In September, the Solana ecosystem project Pump.science introduced a meme mechanism for drug research predictions, while the Arweave super parallel computer AO provided new solutions for research data storage; these innovative attempts may drive the development of the DeSci sector.

Web3Caff Research released a research report on the Based Rollup track: Can the entry of Taiko and Puffer drive them to become the ultimate Rollup?

ChainCatcher news, the Web3 industry research and analysis platform Web3Caff Research recently released an in-depth report on the Based Rollup track. Web3Caff Research researcher Wildon pointed out in the report that with the development of blockchain technology and the surge in market demand, Ethereum is gradually unable to handle the massive transaction volume.As a result, the concept of Rollup emerged, separating transaction execution from the mainnet and moving it off-chain for computation, thereby alleviating the computational burden on the mainnet. This is currently the main solution to Ethereum's scalability issues. In the thriving Rollup ecosystem, Optimistic Rollup and ZK Rollup are the two main factions.However, whether it is Optimistic Rollup or ZK Rollup, although they effectively improve transaction processing speed, they also have limitations in terms of security, MEV, decentralization, latency, and computational costs. In light of this, Ethereum researcher Justin Drake proposed the concept of Based Rollup in May 2023, where the mainnet takes on the role of the Rollup sequencer, allowing Rollup to inherit more characteristics of the mainnet in an attempt to break through the dilemmas it faces. The report further points out that while Based Rollup has advantages such as decentralization, enhanced security, and simplified architecture, it also carries inherent issues.

Movement announced the results of the Battle of Olympus, with award-winning projects from multiple tracks including DeFi and AI

ChainCatcher news, Movement announced the results of the hackathon Battle of Olympus, during which a total of 2,100 project applications were received, with 85 reaching the finals, and ultimately 10 projects winning.Winners will receive multiple supports from Movement Labs, including grants of up to $100,000 from the Movement Foundation, exclusive access to Move Collective, referrals to Movement's venture capital network, ongoing technical support, resources and expert guidance, and eligibility for the MoveDrop program.Winning projects:Titan Track (Existing Projects)StakedMove: The preferred liquid staking token for Movement, enhancing network security and user yield opportunities;DeFi TrackGasyard: Cross-network gas optimization protocol that simplifies DeFi transactions and improves user experience;PicWe: Full-chain liquidity infrastructure that facilitates seamless asset transfers across the entire Movement ecosystem;AI TrackRNDM: AI-driven modular liquidity solution aimed at transforming automated market making in DeFi;SocialFi TrackPodium: A Web3 social audio platform that supports community-hosted discussions, connecting social media and blockchain;Movewiffrens (MWFs): A decentralized social media platform that reconstructs online interactions through blockchain-based identity and content ownership;NFT/GameFi TrackSeekers Alliance: A skill-based trading card game with an innovative NFT mechanism, showcasing advanced smart contract capabilities on Movement;Simemes: A meme-driven social gaming platform that combines internet culture with blockchain gaming;InfrastructureMovide: An advanced online IDE for Move, accelerating development on the Movement network;Scaffold Move: A comprehensive toolkit for building DApps, lowering the entry barrier for Movement ecosystem developers.
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