($CFX
1️⃣ Project Description
Conflux is a platform that allows you to quickly and securely create decentralized applications (dApps).
Today I'm sharing with you another technical project that no one knows about, but without it, crypto would be different.
With Conflux you can create a game, any applications, translation platforms, and even protocols or landing contracts. In general, everything you want, you can create here many times faster and more efficiently.
2️⃣ Partners and Investors
Conflux has raised $30 million from Sequoia Capital, Metastable, OKX, and others. There's nothing typical to say about investors except Sequoia, but the most interesting thing is that there haven't been any major rounds yet. That is, the project hasn't raised the main money yet and hasn't reached a more serious level. Conflux is expected to raise another $90 million.
3️⃣ Evaluation and Potential
Conflux capitalization is $830 million. In 2023, the number of decentralized applications on the Conflux platform increased by 35%, and the transaction volume exceeded $800 million. The current valuation of the project exceeds $5 billion, which is why the project itself is now choosing investors and advisers.
If the project did not have great potential, we would not see a queue of the world's best funds.
4️⃣ Roadmap
By the end of this year, Conflux should introduce new developer tools, new security measures, introduce rewards, raise more investment, and negotiate 20 new partnerships.
💦 Conclusion
Another technical project that has not fully demonstrated all its instruments, but has already collected a queue of funds willing to invest, as well as a capitalization of almost $ 700 million. The idea of the platform itself is always needed, the project will live as long as crypto exists.
Learn more about the project – Website, Investors, Interim results and plans
Traded on Binance, BingX, OKX, Mexc, Gate, Bitget
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