Review of Potential Projects in the Infrastructure Sector

Data shows that there were a total of 1,178 financing events in 2023, with a financing scale of 2.839 billion USD. In terms of financing scale, the infrastructure sector ranks first.

Many top investment institutions are also focusing on the infrastructure sector as a key layout direction. Although the degree of preference for the sector varies among institutions, the infrastructure field invariably occupies an important position in their investment landscape. In addition, some institutions also pay attention to other areas such as gaming and DeFi.

Here are a few potential projects worth paying attention to in the infrastructure sector:

B² Network

B² Network is an EVM-compatible Rollup based on Bitcoin's zero-knowledge proof verification commitments. Its Rollup data and zk proof verification commitments are recorded on the Bitcoin network and ultimately confirmed through a challenge-response mechanism.

The project participated in a Bitcoin ecosystem project roadshow organized by a certain institution in 2023 and received investment. It is reported that the core members of the B² Network technology team are active in mainstream open-source communities such as Ethereum and Bitcoin.

Recently, B² Network has upgraded from the Alpha testnet to the Haven Beta testnet. Currently, its Odyssey mission is ongoing, and users can participate through the official website.

Mind Network

Mind Network is a zero-trust layer designed to bring the next billion users and trillions of dollars in scale to Web3. It offers security and data privacy solutions to achieve true CrossFi scale, compliant with regulatory requirements, while adhering to the Web3 principles of asset tokenization and personal data ownership.

In June 2023, Mind Network announced the completion of a $2.5 million seed round financing, with investment from several well-known investment institutions. The project had previously been selected for the fifth season incubation program of a certain trading platform's laboratory and the BUILD program of a certain oracle project.

Omni Network

Omni is the interoperability layer for Ethereum, providing core infrastructure support for all modular applications on Ethereum. Developers can seamlessly build applications that exist throughout the Ethereum ecosystem while accessing all users and capital. Omni is the successor to the DeFi protocol Rift Finance, which provided financial services for Web3 projects.

Omni has secured $18 million in funding, with investment firms including several well-known venture capitalists. In June 2023, its test network was launched. Currently, the official team has not announced any airdrop plans, and it is worth continuing to monitor its developments.

Wormhole

Wormhole is a decentralized universal messaging protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple ecosystems.

Wormhole completed a $225 million financing round at a valuation of $2.5 billion, with participation from several well-known investment firms. This is the largest financing round in terms of amount in 2023.

CESS

CESS is committed to building a blockchain-based distributed cloud storage system that effectively manages distributed resources through virtualization technology, providing customers with consistent and efficient distributed storage services. The CESS global content delivery network enables users to easily access their data anytime and anywhere.

In December 2023, CESS completed a $8 million financing round. The CESS team won the championship of the Web3 Hackathon organized by the Web3 Foundation in 2021 and achieved all three milestones funded by the foundation. According to the official roadmap, CESS plans to issue tokens in 2024. Currently, users can participate in CESS's testnet activities on a certain task platform.