Analysis of the Chainbase (C) Project
The Chainbase (C) project, which started in 2021, is a Web3 developer platform that provides cloud-based API services for developers. It is also a public chain that includes multi-chain nodes, data queries, real-time indexing, and application monitoring tools for developers.
CHAIN BASE PTE.LTD. aims to be the Gateway from Web2 to Web3.
Token Economic Model
Total Supply: 1 billion C
Circulating Supply: 171 million C
The overall market value is relatively suitable compared to public chains and infrastructure, at $3,500, with significant potential for growth.
The biggest highlight of Chainbase (C) is that major domestic Web2 companies such as Tencent and Matrix Partners participated in the Series A investment, raising $15 million in Series A and $1.5 million in angel funding. The familiar Mask also invested in this project.
Overall, the project background has considerable highlights and development potential. DYOR
The article is used for Binance Creator Platform
