$C raised $16.5 million in funding, with investments from big players like Tencent, Matrix Partners, Hash Global, and Folius Ventures. Quite a strong background, right? It's a Web3 data infrastructure that has created a full-chain integration platform specifically for blockchain data, claiming to be the 'Google of blockchain data.' Developers and enterprises can easily fetch and process on-chain and off-chain data through its API, saving them the effort of running nodes and writing code.

Why choose Chainbase? Blockchain data is currently a mess! Different chains have varying data formats, and the real-time performance is poor, making cross-chain analysis a headache. Chainbase uses a dual-chain architecture (Cosmos for coordination, EigenLayer leveraging Ethereum's computing power) to standardize and structure data, making it directly usable for AI and DApps, achieving impressive efficiency, and supporting over 200 chains. Quite fierce, right? This addresses the pain points of scattered and difficult-to-use data, allowing developers to focus on building applications.

C is the lifeblood of @Chainbase Official , used to pay for dataset access fees, stake for network security, and participate in governance voting to decide protocol upgrades and such. 80% of the transaction fees go to network maintainers, 15% incentivize developers, and 5% is burned, making the economic model quite hardcore. However, the price is highly volatile, so investments should be approached cautiously! This project has big ambitions; whether it can become the benchmark for Web3 data in the future remains to be seen! #Chainbase #chainbase $C