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【1】QED Protocol

Amount: $3 million

Stages: Undisclosed

Date: February 20

Investors: Undisclosed

Category: Infrastructure, Layer1, zk

Description: QED Protocol is a zk-Native Blockchain Protocol. Enabled by advances in fast recursive zero knowledge proofs, QED is able to achieve this scale without compromising security or decentralization and proves all transactions end-to-end using proof recursion (verifying a zero knowledge proof in a zero knowledge proof ). This process of decentralized recursive proving culminates in a single block proof which can be verified by an Ethereum smart contract, making the protocol only reliant on the Proof of Math itself, rather than an incentive based consensus system vulnerable to collusion, hacking and misaligned incentives.

Website：https://qedprotocol.com/

Twitter：https://twitter.com/QEDProtocol

【2】Monkey Tilt

Amount: $21 million

Stages: Undisclosed

Date: February 21

Investors: Polychain, Hack VC, Accomplice, Paper Ventures, Folius Ventures, PokerGO

Category: Game

Description: Monkey Tilt is an online gambling platform focused on the convergence of cryptocurrencies and online gambling. Players can win real money by correctly predicting whether the player they choose will exceed or fall short of their statistical prediction.

Website：https://www.monkeytilt.com/

Twitter：https://twitter.com/MonkeyTiltPlay

【3】INIT Capital

Amount: $3.1 million

Stages: Seed round

Date: February 21

Investors: Mirana Ventures, Maelstrom Capital, Robot Ventures, Nomad Capital, Bankless Ventures, Tangent, Selini Capital, Faction, Electric Capital, TN Lee, Guy Young, Julian Koh, Ashwin Ramachandran, David Choi, Mukaya Panich

Category: DeFi, Lending

Description: INIT Capital is a Liquidity Hook Money Market: Lend, Borrow, and Access Yield Strategies with Liquidity Hook. Serving as the DeFi liquidity infrastructure for dApps to build on top, INIT facilitates diverse activities, including lending, borrowing, and yield strategies. INIT is where dApps and users meet, offering both permissionless access to a unified liquidity pool and efficient yield strategy management.

Website：https://init.capital/

Twitter：[https://twitter.com/InitCapital\](https://twitter.com/InitCapital%5C)_

【4】Matr1x

Amount: Undisclosed

Stages: Strategic financing

Date: February 21

Investors: Animoca Brands

Category: Game

Description: Matr1x is the brand of Metaverse, planning to build the brand through high-quality games developed by themselves or in collaboration with third parties, game IP development and cooperation, and global Esports tournaments. Matr1x will express its game trilogy (Cyber Earth - Mars Immigration - Interstellar Exploration) through three large-scale games with a unified worldview: Matr1x FIRE (First-person shooter), Matr1x WAR (Shooting+MMORPG), and Matr1x EVOLUTION (SOC).

Additions: Matr1x raised \( 10 M in Series A2 round on November 23, 2023;Matr1x raised \) 10 M in funding round on September 19, 2022

Website：https://www.matr1x.io/

Twitter：https://twitter.com/Matr1xOfficial

【5】Inco Network

Amount: $4.5 million

Stages: Seed round

Date: February 21

Investors: 1kx, Circle Ventures, GSR, Polygon Ventures, Robot Ventures, Alliance DAO, zkSync

Category: Infrastructure, Layer1, Modular Blockchain, Privacy

Description: Inco Network is an EVM Layer-1, utilizing fully homomorphic encryption (FHE) to enable composable and operable confidential states. Its fhEVM (FHE + EVM) makes it possible to write private smart contracts and perform computations on top of encrypted data without requiring its decryption. This innovation unlocks a wide range use cases with confidentiality components, such as card games, DID, private voting, dark pools, etc. - paving the way for a new era of possibilities.

Website：https://www.inco.org/

Twitter：https://twitter.com/inconetwork

About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website： https://app.trendx.tech/

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