Protocol Village EXCLUSIVE: Shape, a Creator-Focused Layer-2 Community Atop Ethereum and a Part of the Optimism Superchain, Introduced the Supply of Its Testnet, with GA Going Reside in Q3

In response to the workforce: “The community is an open area the place everyone seems to be free to create no matter they need – from excessive artwork to bizarre experiments.

Chainbase, an omnichain knowledge community, has secured $15 million in Sequence A funding, led by Tencent Funding Group. Different buyers on this spherical embody Hash International, Matrix Companions, IOSG Ventures, HashKey, SNZ, SevenX Ventures, Silicon Valley executives Gokul Rajaram and Balaji Srinivasan, in addition to executives from Coinbase, Kraken, Binance and Deribit. Chainbase is constructing the “first crypto world mannequin,” an interoperability layer that gives knowledge from throughout the cryptocurrency spectrum.

“We’re constructing the primary crypto world mannequin. At the moment, there isn’t any single supply of fact for crypto knowledge. Completely different protocols have completely different knowledge constructions and languages. We’re constructing an interoperability layer that may translate knowledge throughout completely different protocols and supply a unified knowledge mannequin,” Chainbase co-founder and CEO Max Bronstein instructed Blockworks in an electronic mail.

Chainbase at the moment aggregates knowledge from Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, Fantom, Celo, Kava, Osmosis, Cosmos, Secret Community, Near, Aurora, Ronin, Stacks, Flow, Celo, Tezos, LRC, zkSync, Immutable X, Arbitrum Nova, Boba Community, Optimism Kovan, Polygon Mumbai, BSC Testnet, Ethereum Goerli, Arbitrum Rinkeby, Optimism Alpha and Avalanche Fuji Testnet.

The corporate’s knowledge is used for a wide range of functions, together with decentralized finance (DeFi) analytics, NFT flooring worth monitoring, crypto tax calculations, Web3 knowledge visualization and extra. Its clients embody Visa, Stripe, Uniswap Basis, Aave, Chainlink, Compound, dYdX, Footprint Analytics, Glassnode, Nansen, NFTGo, OKX, Orca, Pantera, ParaSwap, Rainbow Pockets, Ribbon Finance, Token Terminal, TreasureDAO and zkSync.

“Chainbase is constructing the crypto world mannequin. Their knowledge community is the spine of a brand new technology of Web3 functions and instruments,” Tencent Funding Group managing associate Li Chao mentioned in an announcement. “We’re excited to assist Chainbase’s imaginative and prescient of constructing crypto knowledge accessible and actionable for everybody.”

The funds from this Sequence A spherical will likely be used to develop Chainbase’s knowledge community, broaden its workforce and launch new merchandise.

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