Recently, the popular project in the data field, Chainbase, announced the completion of a $15 million Series A financing round, led by Matrix Partners, along with strategic investments from a large internet company and several well-known institutions such as Hash Global, Folius Ventures, and JSquare. This round of financing shows the high expectations for Chainbase's future development.
Why do people have high expectations for Chainbase? The author summarizes as follows:
The largest full-chain data network
The biggest advantage of Chainbase is that it can aggregate data from different blockchains together, and it can even handle off-chain data, turning this dispersed and vast data into a 'gold mine' useful for various blockchain applications.
Not just a data query tool, but an infrastructure
Many people think of on-chain data as just viewing analysis reports and performing data queries, but Chainbase actually provides underlying technical infrastructure that allows various applications to develop rapidly based on it, with functions far exceeding simple data display.
Super strong team and ecological support
Chainbase now has over 15,000 developers and more than 8,000 projects using it, processing data calls reaching 500 billion times daily. The team comes from top tech companies, and there are many well-known partners working together to ensure the system's security and stability.
Has its own data network approach
Unlike typical public chains that first have a chain and then applications, Chainbase started by focusing on providing high-quality data to developers and users, and only after the ecosystem matured built its own data network, with a clear and coherent path.
Native Web3 AI model Theia
Many AI projects on the market simply apply existing GPT models, but Chainbase developed Theia itself, which trains using native high-quality on-chain data and allows for various interactive methods, potentially becoming the cornerstone of the combination of Web3 and AI in the future.