Brothers, the current projects are more and more fancy. Some are working on ZK, some are working on wallets, some are working on AI virtual humans, and some are working on Bitcoin staking nesting dolls. I am almost confused.

These are all projects on the @KaitoAI list. Be sure to pay attention to them.

Today I will explain to you all at once these several "new chains" that have been particularly powerful recently, and which ones are serious about doing things and which ones are just trying to take advantage of the popularity.

1/@AbstractChain

To put it simply, Igloo Inc., the financier behind Pudgy Penguins, has built an L2 chain called AbstractChain.
The main theme is "I will help simplify Web3 applications", using the zkSync technology stack + EigenDA, and the experience direction is like one-click login to the wallet and no gas.
Now that the mainnet is online, you can also receive $PENGU, and Pudgy toy holders can get it for free.
To put it bluntly: this is a chain that serves NFT IP, uses IP to feed back to the chain and generate some C-end traffic.
Who is it benchmarking against? It is a bit like zkSync’s cute little brother, taking the lightweight entertainment route, which is suitable for C-end projects such as Pudgy.
Financing: Igloo (Pudgy Penguins' parent company) received $11 million in July 2024, led by Founders Fund, with Fenbushi Capital, 1kx and others following suit
Airdrop activity: Friends who hold Pudgy Penguins NFT can claim ~25.9% of $PENGU (total 8.888 billion) for free in the Solana wallet through the official guide. In the future, it will also support on-chain claiming on AbstractChain.

2/ @satlayer

This chain is going big, directly engaging in the "re-staking" of Bitcoin.
Simply put, it wants to transform BTC from a “lazy person who makes money while sleeping” to a “worker who works as a security guard and makes money at the same time”.
Users put BTC on it for pledge, which not only helps other chains to be secure, but also allows them to earn returns; a liquid pledge tool called Cube has also been created, and the pledged BABY can also get liquid tokens.
Big funds are very supportive and now have locked up 250 million US dollars of BTC.
How to understand it? You can think of it as the Bitcoin version of Eigenlayer. The benchmark project is a combination of Babylon + Eigen, and institutions like Hack VC and OKX are supporting it.
Financing: In 2024, the pre-seed round raised $8 million, led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, CMS Holdings, and many other big names.
Airdrop activity: Currently, the official is still waiting for the final confirmation from the PumpBTC team. It is expected that Babylon-related airdrops will be automatically distributed through the LST channels (such as wBTC and lBTC) that have pledged BTC. Once the specific time and channel are determined, SatLayer will announce it as soon as possible.

3/@sophon

The name sounds a bit sci-fi, but it actually involves the entertainment chain + game chain.
Based on zkSync Elastic Chain, it has high performance, low gas, and supports gas-free and native account abstraction - it is very user-friendly and similar to Web2.
What are the main features? Mobile games, ticketing, SocialFi, AI content... There is even a mobile game called Petopia, which is already running on the chain.
The nodes also sold very quickly, 120,000 were sold out, and 60 million US dollars were pulled in. To be honest, the FOMO was very heavy.
In comparison, it is more like Arbitrum + zk + entertainment version of BSC. Its goal is to increase volume, target the C-end, and focus on different scenarios. You know what, the TVL has reached 450 million US dollars, it’s not just empty talk.
Financing: Since 2023, a total of more than $71.69 million has been raised (of which $60 million was raised through node sales), with investors including Binance Labs, The Spartan Group, Impossible Finance and other old faces
Airdrop activity: The official has not given a specific date, but it is likely that airdrops will be given to early participants simultaneously when SOPH transfers are fully opened in Q1 2025. If you want to get the wool, make more ecological contributions, join nodes, and stick your wallet in advance.

4/@bythenAI

The master of virtual images in the AI ​​world, users can create their own 3D AI avatars (called Bytes). You don’t need to appear in person, the avatar will broadcast live and record videos for you, and you can also get $HONEY rewards.
You can create your own virtual IP (think digital influencer), collaborate with Pudgy and BAYC, and even launch Betakkuma, the dancing bear. You are simply a TikTok professional.
The platform also has a lot of NFTs, and the gameplay is more decentralized than traditional content platforms.
To put it bluntly, this is an AI-driven virtual content universe, which is comparable to the "content version of CharacterGPT + Web3 OnlyFans".
Financing: In January 2025, it completed a $5 million seed round of financing, led by Vector Inc. and Skystar Capital
Airdrop activity: Creators who hold Bythen Card/Pod/Chip NFT can claim $BYTHEN airdrops through the Solana wallet; participating in the Creators Program can also share an additional million-dollar reward pool - hurry up and get a free card, and make money while playing!

5/@farcaster_xyz

A veteran in Web3 social networking, it develops a social protocol based on Optimism. It is not a chain, but a protocol layer.
The core is "You have the final say in your social relationships", and developers can freely connect interfaces and create apps (such as Warpcast).
The functions are becoming more and more complete. For example, Frames can embed small programs such as NFT minting and voting.
Data is on the chain, social interaction is on the client, and the degree of freedom is extremely high. In 2024, the number of active users will soar from 2K to nearly 20,000.
Benchmark? Think of it as the Web3 version of Weibo + WeChat + open platform combined, which is most likely to become a "decentralized social operating system."
Financing: A total of US$150 million (led by Paradigm in May 2024, with a16z, Haun Ventures, USV, Variant, Standard Crypto, Balaji and other big names in the lineup)
Airdrop activity: Although there is no official token yet, you will have a chance to get airdrops by completing tasks
Interact on Warpcast (like, repost, comment)

Complete identity verification (started on March 16)
There are two steps in total. The deadline has not been officially announced yet. Do it first and enjoy it first. Don't let the crowd buy it by then.

To sum up, if you are too lazy to read:
@AbstractChain

Lovely Chain, user experience + NFT gameplay, like zkSync + IP toy version
@satlayer

Bring BTC back to life with staking, Eigenlayer Bitcoin clone
@sophon

Ambitious people in the entertainment chain, ZK performance + game ecology double harvest, BSC entertainment version
@bythenAI

Virtual people create content, AI+IP creates new revenue paths, CharacterGPT in the content industry
@farcaster_xyz

Web3 social operating system, you control your own data, social freedom is flying

Which chain or project do you think is the best? Or do you think they are all just a wave of FOMO? Welcome to the comment section to criticize, I will accompany you online