After joining the Chainbase community, I witnessed its vibrant Web3 data ecosystem built through collaboration with top projects. Chainbase's ecosystem expansion and token strategy bring tremendous potential to community builders and investors. By 2025, Chainbase will serve over 8,000 projects, with a TVL reaching $250 million, integrating over 20 chains including Bitlayer, Sui, and TON, handling over 50 billion data calls.
In 2024, Chainbase completed a $15 million Series A financing round, with leading investors including Matrix Partners and Hash Global, valuing the company at $400 million. I participated in Chainbase's OpenDataGünü event, submitting a Sui data analysis case and receiving a reward of 100 C tokens, valued at approximately $0.02. In tests, analyzing the cash flow of a DeFi project through DataCloud took 5 seconds, with a gas fee of only $0.001.
Community incentives are achieved through C tokens. In 2025, Chainbase distributed 12% of tokens (120 million C) through Season 1 airdrop, attracting over 20,000 developers. I staked 1000 C to participate in node validation, earning an annual yield of 6%, with approximately $5 earned over 30 days. Web information shows that the price of C is $0.1962, with a market cap of $31.39 million and a price-to-sales ratio of about 6, lower than the blockchain industry's average of 8, indicating significant valuation potential.
In 2024, Chainbase repurchased $10 million worth of tokens, reducing circulation by 10% and driving prices up by 26%. In tests, staking returns were stable, but market volatility needs to be monitored. Chainbase plans to expand to the Avalanche chain, aiming to increase its TVL to $500 million, and will launch AI-driven DataFi tools in 2025. Complex node configurations may limit small developers, and it is recommended to optimize for lower entry barriers. Through multi-chain collaboration and community incentives, Chainbase is building an efficient Web3 data ecosystem. The undervaluation and high growth potential of C tokens make it a rising star for investment, providing limitless opportunities for community builders.@Chainbase Official