2024 is the year when Web3Port moves to a new stage, and it is also an important moment to integrate forces and explore the future. Based on the accelerator business of the original Labs, Web3Port has expanded into two new business sectors: Web3Port Foundation and W3P Trading, and has made great progress. This year, the three major sectors gave full play to their synergy and comprehensively promoted the healthy development of Web3Port and the industry through technological innovation, capital empowerment and ecological alliance.

Web3Port Foundation

1. 2024 Annual Review

On February 7, 2024, the Web3Port Foundation was officially established, starting the journey of exploring Web3 with an initial investment of US$100 million. This year, we invested in 46 projects, covering multiple tracks such as Infra, DeFi, and AI, and firmly implemented long-termism and professionalization strategies. Looking back on this year, we not only witnessed the rapid development of the industry, but also deeply felt the coexistence of opportunities and challenges. In the future, we will continue to empower innovation and grow together with the industry.

2. Investment situation

In 2024, Web3Port will invest in a total of 46 projects, with a total investment amount of ~35M USD. Investment covers Infra, DeFi, AI, GameFi, Social and other tracks.

3. Major events

For the Web3Port Foundation, 2024 is both a starting year and a harvest year. This year, we not only completed the investment layout of high-quality projects, but also actively promoted the construction and development of the industry ecosystem.

On August 28, 2024, Web3Port Foundation established a strategic partnership with Movement and jointly launched an ecological fund with a capital of $10M to help ecological projects on Movement grow.

On September 18, 2024, Web3Port announced its official entry into the Middle East market and established the UAE VC Alliance with 19 leading global institutions to promote the in-depth development of Web3 technology in this region and explore the industrial layout of the new economy.

In addition, we have deepened our insight and understanding of the cutting-edge trends of Web3 by holding industry events and participating in industry seminars.

4. Industry insights

In 2024, Web3Port Foundation wrote and published 12 research reports, including track research reports, project investment research, etc., to share our knowledge and insights with the industry.

5. Future prospects

In 2025, Web3Port Foundation will focus on the three major tracks of public chain infrastructure, AI and Web3 applications to promote technological innovation and application implementation. In terms of public chains, we are investing in emerging ecosystems such as Movement and BeraChain; in the field of AI, we are focusing on investing in AI Agent, AI framework and DeFi + AI Agent projects to explore the deep integration of blockchain and AI; in Web3 applications, we support payment and consumption User applications and decentralized social entertainment help achieve breakthrough growth in user scale.

In addition, we will continue to pay attention to cutting-edge directions such as RWA, DeSci and functional NFT, and promote the transparency of on-chain assets, scientific research and the implementation of innovative applications. What is worth looking forward to is that in 2025, the Web3Port Foundation will take a series of major actions to further strengthen its global influence, empower more projects and partners, and jointly create the future blueprint of the Web3 ecosystem.

Web3Port Labs

Web3Port Labs provides comprehensive full-cycle support and investment support for all phases of Web3 projects. Through our primary market investment fund and secondary market liquidity fund, as well as the one-stop Web3 incubator platform, we provide complete life cycle support for start-ups, including product design, financing, user growth, etc.

2024 is a year full of challenges and opportunities. Web3Port Labs has achieved significant progress and results during this year:

1. Main business

Web3Port Labs has formed a mature and complete funnel model and established 6 acceleration business departments to provide full-process acceleration support from 0-1 for Web3 projects:

• Strict screening mechanism: Projects submitted to the accelerator are rigorously screened to evaluate the project's potential, team capabilities and complementarity.
• Customized support: Provide customized support and guidance for each accelerated project, including providing professional knowledge and resources in business model design, economic model design, technology development, financing, Marketing, Listing, operations, etc.
• Regular evaluation and adjustment : Regularly evaluate the acceleration project, and make timely adjustments and optimizations based on project progress and feedback.
• Partner participation and feedback: Invite cooperating VCs, mentors or communities to participate in guidance and provide diverse perspectives and suggestions for accelerating projects.
• Continuous learning and innovation: Provide training and development opportunities for team members of the acceleration project by holding online and offline events.

2. Core data

1. Project acceleration:

• Total number of accelerated projects in 2024: 78
• Assisted in financing projects: 83, with total financing amount reaching ~$120 million
• Number of participating joint investment funds: 170
• Regional proportion: North America & Europe 59%, Asia 41%
• Projects launched this year: 31

2. Comprehensive coverage of key tracks:

• Tracks involved: public chain infrastructure (Layer1, Layer2, modular blockchain, EVM, ZK, DA, etc.), DeFi protocol, AI, DePin, RWA, Web3 social and entertainment applications, GameFi games
• Distribution of number of projects in key areas:
• DeFi: 30%
• Infrastructure: 20%
• AI: 15%
• Web3 Social: 20%
• Tools: 15%

3. Cooperation network:

• Startup Project Network: Total ~3000+ Startups
• Cooperating VC: ~700+
• Strategic cooperation: Joined 19 institutions including Polygon, Animoca, Polychain, HashKey Capital, and NGC to establish the Royal Prestige Group Web3 Alliance to strengthen the strategic layout of Web3 in the Middle East and other regions;
• Public chain: Establish cooperation with 20+ public chains, including Solana, BNB Chain, Movement, Aptos, Near, TON, Sui, etc.
• Mentors: Already linked to 60+ globally renowned industry Mentors, including GSR, Chainlink, Galxe, Fundamental, etc.
• Universities: 20+ top global university resources, including Stanford, MIT, UC Berkeley, etc.;
• Media resources: 100+ vertical media and traditional media, 50+ Marketing agencies, 300+ global top KOLs and communities

3. Landmark achievements

1. Star project:

There are a total of 16 star projects for accelerator cooperation in 2024, which are covered in the appendix "Disclosure of Star Projects for Partial In-depth Cooperation with Web3Port".

2. Community and influence:

• Participate in global events: Participated/hosted 12 industry events, including The Last Gold Mine of Web3, Impact2049, Metaverse Immersive Experience and After Party HK, Middle East Horizons: Unlocking Global Collaboration, etc.;
• Media exposure: reported by the media 100+ times, the total number of viewers exceeded 8M, and actively interacted with 190+ projects and 200+ global communities;

3. Ecological construction:

• Closely interacted with 20+ public chains and promoted the implementation of 30+ ecological cooperation projects;
• Introduced 200+ corporate resources to start-up projects and achieved 150+ business cooperations

W3P Trading

As Web3Port's management scale and cooperation scope continue to advance, the team and partners have an increasingly urgent need for professional secondary market support and value investment. In 2024, Web3Port split and expanded the secondary brand W3P Trading and the liquidity business segment. It is committed to providing partners with a sustainable capital growth model and promoting the full development of partners through professional resource allocation and ecological support. .

W3P Trading cooperation includes:

• Provide funding and secondary market customized strategies for high-quality projects.
• Participate in the project’s token economic model design, optimization of operational strategies, and brand building.
• Collaborate with the resource network of Web3Port Foundation and Web3Port Labs to help projects achieve full-scale development and provide resource integration and business guidance.
• Provide professional active market value management for cooperation projects, optimize token trading depth and market liquidity, covering all types of exchanges such as DEX and CEX.
• Through scientific liquidity strategies, market fluctuations are reduced and the stability of the market performance of the project is ensured.
• Provide real-time market analysis and industry trend insights to help customers make informed investment decisions.

2. 2024, W3P Trading report card:

• 30+ project cooperation
• Cumulative trading volume ~$100B
• The market value of cooperation projects is as high as ~$20B
• Star projects cover CMC ranking Top30
• Total investment ~$500M
• 100% satisfaction

Appendix: Disclosure of some star projects of in-depth cooperation with

Web3Port in 2024

1. Movement: Movement is a high-performance Layer 2 solution built on MoveVM. TGE was launched on Binance, Upbit, OKX, Bybit, Bithumb, Coinbase and other exchanges, with a maximum market capitalization of 14B, ranking in the Top 50 on CoinMarketCap, and has completed hundreds of millions of dollars in financing, including well-known investors such as Binance Labs, Polychain, CoinFund, Nova Fund, and HackVC. . The Movement mainnet is about to be launched. The testnet has completed 680 million transactions, 15.8 million active addresses, and community members have exceeded 840,000.
2. Aethir : A decentralized cloud computing network focused on providing efficient and low-cost computing resources. The leader in AI computing power, successfully listed on Upbit, OKX, Bybit, completed US$11.53 million in financing, and sold nodes for more than US$150 million. At the same time, a US$100 million Aethir Ecological Fund will be established to support related projects around computing power ecology such as AI and games. At the same time, 336 million ATH tokens will be provided to independently fund the Aethir Catalyst project.
3. Puffer: Puffer Finance is a protocol focused on Ethereum’s decentralization and scalability, providing Liquid Restaking functionality, and its UniFi Rollup provides instant L1 withdrawals and sub-second transactions. Upbit, Kraken and other CEXs have been listed. It has completed two rounds of financing, with a total amount of US$23.5 million, and investors include well-known institutions such as Lemniscap, Lightspeed Faction, Brevan Howard Digital and Electric Capital.
4. Polyhedra: Cross-chain interoperability protocol, dedicated to achieving seamless connections and asset transfers between different blockchains. It has supported more than 10 mainstream blockchains, with cumulative cross-chain transaction volume exceeding US$3 billion. It has completed multiple rounds of financing, with a total amount reaching US$75 million, and investors include Polychain Capital, Binance Labs and other well-known institutions.
5. CARV: The largest modular data layer (IDL) in gaming and artificial intelligence (AI). Successfully listed Upbit, OKX, Bybit. Relying on modular data solutions, CARV has accumulated 15 million registered users and 2.1 million daily independent active wallet addresses across more than 40 chains. It has now launched the CARV SVM Chain test network to provide a safe and unified platform for AI agents. Infrastructure to accelerate the intelligent and collaborative operation capabilities of AI agents.
6. UxLink : Web3 social platform, dedicated to connecting users and projects in a decentralized manner, providing Social Growth Layer (SGL) services to promote the growth of the encryption market and user popularity. Successfully listed Upbit, OKX, Bybit, the number of users exceeded 8 million, the transaction volume on Upbit/Binance exceeded 100 million, and it took turns to rank in the top three of Upbit's transaction volume with BTC/Movement.
7. Xterio: Web3 game platform and publisher, committed to developing and publishing high-quality Web2 and Web3 games. The number of registered users on the platform has reached 7.9 million, and the number of interactions on the chain has exceeded 119 million. Xterio has completed multiple rounds of financing, with a total amount of US$55 million. Investors include FunPlus, Makers Fund, FTX Ventures, Binance Labs and other well-known institutions.
8. GoPlus : The world's largest Web3 security infrastructure platform, providing comprehensive security services, including smart contract auditing and real-time risk monitoring. With investment from many leading exchanges such as Binance Labs and OKX Ventures, it has provided security support for more than 1,000 projects and exchanges, with an average daily API call of more than 34 million times and a cumulative protected asset value of more than 10 billion U.S. dollars. It is a Web3 security track Set industry standards.
9. Lumoz: The world's leading Modular Compute Layer and RaaS (Rollup as a Service) platform, providing powerful computing capabilities for zero-knowledge (ZK) and artificial intelligence (AI) applications on blockchains of different architectures and verification services, providing computing power and infrastructure for multiple layer 2 networks including Merlin, ZKF, Hashkey Chain, etc.
10. MetaCene: A Metaverse massively multiplayer online game platform for gamers, aiming to build a digital ecosystem that integrates virtual reality and the real world to provide users with immersive social, entertainment and business experiences. MetaCene has completed 2 rounds of investment, led by Hash Global, SevenX Ventures and Folius Ventures, with the total financing amount reaching US$15 million.
11. Bitlayer: a new generation of blockchain infrastructure that provides high-performance Layer 1 solutions. The mainnet has been launched, with more than 5,000 nodes and network throughput reaching 10,000 transactions per second. Bitlayer has completed a total of 3 rounds of investment, led by Framework Ventures, ABCDE Capital, Franklin Templeton Digital Assets, and Polychain Capital. The total financing amount has reached US$25 million.
12. Avalon Finance: A decentralized financial platform that provides a variety of DeFi services, including lending, trading and income aggregation. The total locked-up volume (TVL) of the platform has exceeded US$1.5 billion, the number of users has exceeded 500,000, and the cumulative trading volume has reached US$2 billion. Successfully selected into BNB Chain’s eighth season MVB accelerator program. It completed a $10 million Series A round of financing in December 2024, with investors including Framework Ventures, Kenetic Capital and other well-known institutions.
13. Balance: Led by A16z and Galaxy, it was selected into the 8th phase of MVB. It is a Web3 social and gaming platform built by the E-PAL team of the world's largest game companion platform and driven by blockchain and AI technology. By redefining social and gaming experiences, Balance.fun aims to become the key bridge connecting Web2 and Web3 users. The total number of users currently exceeds 5 million.
14. Deagent: DeAgent AI is the largest AI agent infrastructure in the Movement, BTC and BSC ecosystems. The number of platform users has exceeded 5 million, with daily active users approaching 700,000. The product AlphaX has become the TOP1 AI Dapp in the BSC ecological chain and Galaxy platform all year round.
15. Network3: A revolutionary technology built with dedicated AI Layer2. It provides fast, convenient and efficient model training and verification services to global AI developers through AI model algorithm optimization and compression, federated learning, edge computing and confidential computing. DePIN Scan ranks fourth, with more than 570,000 active nodes, covering more than 188 participating countries, and its application has been downloaded more than 50 million times.
16. Codatta: Led by OKX Ventures, selected for the 8th phase of MVB, built by the former Ant senior data team, based on an AI-driven blockchain metadata collaboration protocol, it decodes blockchain addresses through anonymous privacy protection and simplifies complex transactions. Compliance analysis, risk management and trend analysis, user modeling, and providing necessary semantic data for other AI-driven applications.
17. Vold: Vold is a blockchain-based decentralized platform designed to build on-chain reputation by validating and rewarding users for their real-world actions. It provides a “Proof of Personhood” mechanism that ensures users’ identities are verified both digitally and in the real world. The team has a high-quality background, consisting of entrepreneurs from Nasdaq-listed companies and NFL legendary Super Bowl winners, connecting the Web3 world and American professional sports.
18. Wave: Wave is a Web3 social and financial ecosystem built on the Sui blockchain. It is committed to integrating DeFi and GameFi into an intuitive platform. It has won the Sui Global Hackathon Winner and is a star project of the Sui Foundation. It has a total of 1.8 million users. The peak DAW was 1.3 million, which once accounted for nearly 80% of Sui’s active accounts and trading volume.
19. Cycle Network : A trustless aggregation liquidity network for all blockchains, based on aggregation sequencer and chain abstraction, successfully selected into Binance Labs Season 7 Incubation Camp. Cycle uses multi-chain Zk-rollup technology to extend the traditional one-to-one native bridge between L1 and L2 to support full connectivity of all chains. 1M+UAW, media matrix users exceed 800k, TikTok accounts have more than 300k+ fans in mainstream countries around the world and bring more than 150k+ real TikTok users, and the data is still growing rapidly. It is one of the few Web3 projects that can obtain effective users from TikTok. It is expected to gain 1M+ effective users from TikTok in a short period of time.
20. Wild Forest: Wild Forest is a free-to-play real-time strategy game that combines card collection and tactical battle elements. Players can collect, upgrade and trade cards, and obtain real rewards through successful battles and trading NFTs. The game is based on the Ronin network and provides functions such as PvP battles, deck construction, and territory control. It has 100,000+ users and 18K+ daily active users.
21. Bool Network : Layer 2 extension solution that provides an efficient and low-cost smart contract execution environment. The number of network nodes has exceeded 10,000, and the average daily transaction volume has reached 2 million. Community users continue to increase. Currently, Telegram users have exceeded 3 million. Node sales are also in full swing, with more than 500 units sold so far.
22. CharacterX (CAI): an AI infrastructure project. By combining advanced large language models (LLMs), multimodal intelligence, and tokenized economics, CAI builds agent-driven ecosystems across multiple platforms. Currently, CAI supports more than 10 million AI agents, serves more than 100 million users, and is supported by investors including Lightspeed and Solana Foundation.
23. Volare: A decentralized financial platform that provides a variety of financial services, including stablecoins, lending, transactions, etc., aiming to provide users with safe, efficient, and transparent financial solutions. The investment lineup is strong, led by DCG, followed by Arrington, GSR, etc.
24. Quantlytica: A blockchain-based AI quantitative analysis platform that provides a variety of data analysis tools and services to help users make informed investment decisions in the digital asset market. It has been successfully listed and is a dark horse in the AI ​​​​track.
25. Satoshi Protocol : A decentralized financial protocol that aims to provide users with efficient and secure financial services through innovative smart contracts and mechanism design.
26. Eden: An innovative project that combines Depin and Social. It combines adult toys with mining. Users can receive rewards through the "Year to Earn" model. Currently, the product has sold more than 3,000 units and has received key official support from the Bera ecosystem.
27. Trusta : is an AI-driven Web3 identity and reputation protocol that implements the construction of POH and on-chain reputation systems based on its unique AI-machine learning model and knowledge graph. It has 4 million users and 2 million independent addresses. It has served multiple L1/L2 projects such as Celestia, Linea, Arbitrum, and BNB Chain, as well as nearly 30 Defi projects, and has generated more than 1 million credit reports in total.
28. AD3 Network: A decentralized advertising network that uses blockchain technology to provide advertisers and publishers with transparent, fair, and efficient advertising and revenue distribution solutions.