Hyperlane is an open interoperability framework, providing tools for developers to connect and build cross-chain applications that communicate securely across blockchains. It operates without a token or governance process. In 2022, Hyperlane raised $18.5 million in seed funding led by Variant, with support from investors like Galaxy Digital and Circle.
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GainForest combines accessible and automated environmental monitoring with auditable, decentralized payments, fostering active stakeholder engagement. The platform also offers user-focused token incentives. Through GainForest, private stakeholders can pledge funds to communities and forest conservation projects via smart contracts. These donations are then automatically released to the communities once they achieve specific, monitored environmental milestones.
Gitcoin incentivizes open-source development through rewards and grants, using a quadratic funding mechanism for fair fund allocation. Governance is driven by the Gitcoin Token (GTC), allowing holders to participate in voting and governance decisions. With a total token supply of 100 million, GTC holders can stake tokens to gain increased voting power through vGTC. Gitcoin has raised $11.8M across two funding rounds to support its initiatives.
Bit2Me is a centralized exchange offering secure and user-friendly solutions for managing digital assets, supported by customer service and financial education. Its native token, $B2M, powers the platform, providing benefits like discounts, early access, and governance participation. Bit2Me is developing a governance page to enhance community involvement and transition toward a DAO. In June 2023, Bit2Me raised €14 million in a funding round led by Investcorp, with support from Telefónica Ventures and others. The $B2M token supply, initially 5 billion, has been reduced to 4.95 billion through a token burn, reflecting its evolving utility.
