Ethereum Layer-2 Starknet (STRK) will have a primary listing on February 20th. Binance, OKX, HTX, KuCoin, Bitget, Bybit, MEXC, Gate, BingX, Bitfinex and some other exchanges will list STRK for trading once liquidity conditions are met. STRK airdrop will be available for claim on Feb 20, at 12:00 PM UTC.
Masa will have a token sale on CoinList on March 7. Registration deadline: March 4. 111M MASA (7% of the total supply) to be offered at $0.079 per token at $125M fully diluted valuation. Vesting: 25% at TGE + 6 months vesting. Fundraising goal: $8.8M. Purchase limits: $50-$2000. Masa is building decentralized personal data network.
Binance will offer Portal (PORTAL) farming on Binance Launchpool as of February 22. Users will be able to stake their BNB, FDUSD into separate pools to farm PORTAL tokens over 7 days. 5% (50M PORTAL) of the total token supply to be offered on the platform (80% of the tokens for BNB stakers). Binance will list PORTAL on February 29.
Andreessen Horowitz invests $100M in crypto startup EigenLayer. VC firm was the sole investor in EigenLayer’s funding round. EigenLayer is Ethereum-based protocol that introduces restaking. Currently, EigenLayer offers a points system for those who restake using its platform.
SubQuery (SQT) will have a primary listing on February 23. Bybit will enable SQT trading at 8:00 AM UTC. Data-as-a-service startup has closed its public sale round in January. $5.3M has been raised at $120M fully diluted valuation ($0.012 per token). SQT will enter the market with around 2B SQT as initial circulating supply out of 10B SQT total supply.
Some of the recent private fundraising events among blockchain startups you should know about. February 2024, part 3.
Bitcoin staking protocol Babylon is launching testnet on February 27th. In order to participate a user will need OKX & Keplr browser wallets and acquire some BTC Signet tokens using the official Signet faucet. Early stakers on Babylon's Bitcoin Staking Testnet will be rewarded with a Bitcoin Pioneer Pass NFT. The claim period will only be open for the first 7 days at launch and has a limited supply.
A decentralized social protocol Lens announced a public release. It is now permissionless and open for everyone to join. Anyone can mint a profile on Lens.
Layer 2 blockchain Karak Network announced $48M Series A round at $1B+ valuation. Lightspeed, Mubadala Capital, Bain Capital, Pantera, Framework, DGC & Coinbase are among investors. Karak also released its Early Access program. Users can bridge assets like ETH and USDC to earn XP.
10 blockchain-based projects you can keep an eye on.
Telegram will start revenue sharing with channel owners by utilizing TON blockchain in March. 50% of any revenue that Telegram makes from displaying ads in their channels will go to the content creators. Toncoin will be used as payment method.
Bitcoin hits new yearly high at $60k on Wednesday, February 28th. BTC price is 5% up during last 24h and +17% during the week. Last time BTC was at $60k in November 2021.
Some of the recent private fundraising events among blockchain startups you should know about. February 2024, part 4.
Solana-based DePIN protocol ioNet will launch its points rewards on March 1. The token is expected to be launched in April. The program will run until Apr. 28 and will reward points to users based on their supply of GPUs to the network.
Solana-based shooter Nyan Heroes will launch Airdrop Mission on March 11th. Users will earn points for completing missions. The more points, the more NYAN tokens a user will get. The startup has raised around $10M across two rounds in 2021/22 from Mechanism, DeFiance, Solana Ventures and others.
BitCountry will distribute NUUM tokens to the public sale participants on March 29th. Metaverse startup BitCountry (main name MNet at the moment) has raised $36M during public sale round at the end of 2021. Public sale price: $0.45 (at $450M FDV).
Bitcoin monthly returns: 2011-2024. BTC is up around 44% in February. Bitcoin's last six monthly candles have closed green, tying its previous record streak for bullish monthly candles.
Binance will list Axelar (AXL) on March 1. AXL/BTC, AXL/USDT, AXL/FDUSD and AXL/TRY trading pairs will go live at 2024-03-01 11:30 (UTC).
Top 20 most discussed cryptocurrencies on Twitter (X) in February 2024. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.
February 2024 performance: centralized exchange tokens.