IC ecosystem emerging project financing review: 11 SNS projects raised 20.6 million USD.

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Internet Computer Blockchain Ecosystem Project Financing Overview

The IC Blockchain aims to realize the vision of a "world computer," allowing smart contracts to run on-chain at network speed. The DFINITY Foundation hopes that developers can create large-scale services on the IC in a decentralized manner, raising funds directly from the user community.

In December 2022, DFINITY launched the SNS( Service Nervous System) infrastructure, providing application developers with a one-click deployment DAO governance solution. In the past 10 months, 11 IC projects have completed decentralized token sales through SNS and transformed into DAOs, raising approximately $20.6 million.

An overview of 11 IC chain ecosystem projects funded through SNS

SNS1: From Experimental Coin to Game Governance Coin

SNS1 was initially a stress test of SNS by DFINITY, and later taken over by the on-chain game Dragginz as a governance token for the game.

  • Launch Date: December 10, 2022
  • Fundraising: 3141 ICP ( approximately $13,800 )
  • Current status: The development team holds 52% of the tokens and voting rights, SNSI price has surged.
  • Future Plans: Tokenomics adjustment, retaining team control over game content.

An overview of 11 IC chain ecological projects funded through SNS

OpenChat: Decentralized Chat Platform

OpenChat is an early project in the SocialFi track of the IC ecosystem, similar to "Telegram + Discord".

  • Launch Date: March 17, 2023
  • Fundraising: 1,000,000 ICP ( approximately 5.6 million USD )
  • Current Status: Basic functions are complete, user base has grown to 110,000
  • Future plans: Add features such as voice and video to empower the CHAT token.

Overview of 11 IC Chain Ecosystem Projects Funded through SNS

Kinic: IC Blockchain Search Engine

Kinic is the first fully on-chain Web3 content search engine.

  • Launch Date: June 17, 2023
  • Fundraising: 509,000 ICP ( approximately 2 million USD )
  • Current Status: Supports searching for content on the IC Blockchain
  • Future Plans: Expand search scope, support advertising

An overview of 11 IC chain ecological projects funded through SNS

Hot or Not: IC Version Short Video Application

Hot or Not is a decentralized short video application that integrates GameFi elements.

  • Launch date: July 13, 2023
  • Fundraising: 1.074 million ICP ( approximately 4.7 million USD )
  • Current status: Basic functions have been implemented
  • Future plans: Launch Creator DAO, NFT and other features

Overview of 11 IC Chain Ecosystem Projects Funded through SNS

IC Ghost: The first meme coin on the IC Blockchain

IC Ghost is the first fully community-governed meme coin project on the IC Blockchain.

  • Launch date: July 27, 2023
  • Fundraising: 20,000 ICP ( approximately 84,000 USD )
  • Current Status: Multiple governance proposals have been completed
  • Future plans: Develop NFT marketplace and metaverse

Overview of 11 IC Chain Ecological Projects Funded through SNS

Modclub: Decentralized Content Review Platform

Modclub provides AI-assisted human content review solutions for SocialFi projects.

  • Launch date: August 25, 2023
  • Fundraising: 654,000 ICP ( approximately 2.3 million USD )
  • Current Status: Core functions available
  • Future Plans: Integrate AI to Improve Efficiency

Overview of 11 IC chain ecological projects funded through SNS

Catalyze: Decentralized Community Platform

Catalyze aims to provide tools for projects to create and manage communities, similar to Discord.

  • Launch Date: September 8, 2023
  • Fundraising: 602,000 ICP ( approximately 1.98 million USD )
  • Current status: Basic functions are mature
  • Future plans: Move the chat function to the IC Blockchain, adding audio and video features.

Overview of 11 IC Chain Ecosystem Projects Funded Through SNS

BOOM DAO: IC Full-Chain Game Infrastructure

BOOM DAO is dedicated to providing a complete full-chain gaming infrastructure for the IC Blockchain.

  • Launch Date: September 15, 2023
  • Fundraising: 408,900 ICP ( approximately 1.2 million US dollars )
  • Current status: Upgrading tools and holding events
  • Future plans: Establish a game developers alliance and guild system

Overview of 11 IC Chain Ecological Projects Funded through SNS

ICX: Social Media + Prediction Market

ICX is a social platform similar to Twitter, with added prediction market features.

  • Launch Date: September 27, 2023
  • Fundraising: 150,000 ICP ( approximately 440,000 USD )
  • Current Status: Temporarily Closed Prediction Market Functionality
  • Future Plans: Improve UI/UX, Add Tip Functionality

Overview of 11 IC chain ecological projects funded through SNS

Nuance: Decentralized Blog Platform

Nuance is a decentralized blogging platform similar to Medium.

  • Launch Time: October 2, 2023
  • Fundraising: 262,000 ICP ( approximately 820,000 USD )
  • Current Status: Core features are complete
  • Future plans: Add comment and tipping functions

Overview of 11 IC chain ecological projects funded through SNS

Sonic: Early DeFi Project on IC Blockchain

Sonic is an early DeFi project on the IC blockchain, providing functions such as Swap and mining.

  • Launch date: October 9, 2023
  • Fundraising: 519,000 ICP ( approximately 1.5 million USD )
  • Current status: Executing token exchange
  • Future plans: Launch perpetual contracts, LSD protocol, and other new features

Note: This article is for informational sharing only and does not constitute investment advice. Please comply with local regulations and do not participate in any illegal financial activities.

Overview of 11 IC Chain Ecosystem Projects Funded through SNS

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CrossChainBreathervip
· 07-30 23:19
IC carries infinite expectations
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LoneValidatorvip
· 07-30 23:16
IC ecology is really promising.
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WhaleMistakervip
· 07-30 23:09
The development momentum is good.
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DeFiVeteranvip
· 07-30 23:03
The IC ecosystem is very powerful.
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