@Chainbase Official #chainbase

Why is Tencent Betting on Chainbase?

Title: Tencent Invests $15M in Chainbase: The Next Crypto Gem?

Subtitle: With the backing of a tech giant, Chainbase ($C) is poised to dominate the Web3 data market.

Chainbase ($C) has captured the attention of tech giant Tencent, which led a $15M Series A funding round in July 2024. This backing, along with partnerships with Matrix Partners and Hash Global, positions Chainbase as a powerhouse in data infrastructure for AI and DeFi. Its hyperdata network allows developers to access on-chain data in real-time, driving dApps and AI models. Despite a 46% drop from its all-time high of $0.52, analysts predict that $C could reach $1.04 by 2031. Would you invest in C as a bet on the future of decentralized data?