2024 marked a transformative year for Web3Port, as it entered a new stage of growth and paved the way for future advancements. Building on the accelerator business of Web3Port Labs, the organization expanded into two new divisions: Web3Port Foundation and W3P Trading, achieving significant progress. Throughout the year, these three divisions worked synergistically, leveraging technological innovation, capital empowerment, and ecosystem collaboration to drive the sustainable development of both Web3Port and the broader Web3 industry.

Web3Port Foundation

1. 2024 Annual Review

On February 7, 2024, the Web3Port Foundation was officially established, beginning its journey to explore Web3 with an initial scale of $100 million. This year, we invested in 46 projects, spanning various sectors including Infra, DeFi, and AI, firmly adhering to our long-term and professional strategy. Reflecting on this year, we have witnessed the industry's rapid growth and felt the coexistence of opportunities and challenges. Moving forward, we will continue to empower innovation and grow together with the industry.

2. Investment Overview

In 2024, Web3Port invested in 46 projects, with a total investment amount reaching ~$35 million. The investments span various sectors, including Infra, DeFi, AI, GameFi, Social, and more.

3. Major Events

For Web3Port Foundation, 2024 was both a year of inception and achievement. This year, we not only completed our investment layout in 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 a $10 million ecosystem fund to support the growth of projects within the Movement ecosystem.

On September 18, 2024, Web3Port officially entered the Middle East market by forming the UAE VC Alliance with 19 global leading institutions. This initiative aims to drive the in-depth development of Web3 technology in the region and explore new economic industry layouts.

In addition, we deepened our insights and understanding of cutting-edge Web3 trends by hosting industry events and participating in industry seminars.

4. Industry Insights

In 2024, Web3Port Foundation published 12 research reports, including reports on industry tracks, project investments, and more, sharing our insights and perspectives with the industry.

5. Future Outlook

In 2025, the Web3Port Foundation will focus on three main tracks: public chain infrastructure, AI, and Web3 applications, driving technological innovation and application implementation.

In the public chain sector, we will increase our investment in emerging ecosystems like Movement and BeraChain. In the AI field, we will concentrate on investing in AI agents, AI frameworks, and DeFi + AI agent projects, exploring the deep integration of blockchain and AI. For Web3 applications, we will support projects in payment systems, consumer applications, and decentralized social entertainment, aiming to achieve a breakthrough in user scale.

Web3Port Labs

Web3Port Labs provides comprehensive full-cycle acceleration and investment support for Web3 projects at all stages. With our primary market investment fund and secondary market liquidity fund, we facilitate the complete lifecycle of startups, including investment, financing, management, and exit, through a one-stop Web3 accelerator platform.

2024 was a year full of challenges and opportunities, and Web3Port Labs achieved significant progress and results during this period:

1. Main Business

Web3Port Labs has established a well-developed funnel model, creating six acceleration business departments to provide comprehensive support for Web3 projects from 0 to 1:

• Strict Selection Mechanism: We apply a rigorous screening process to evaluate the potential of projects, the capabilities of their teams, and their complementarity before accepting them into the accelerator.

• Customized Support: Each project in the accelerator receives tailored support and guidance, including expertise and resources in areas such as business model design, economic model design, technical development, fundraising, marketing, listing, operations, and so on.

• Regular Evaluation and Adjustment: We conduct periodic evaluations of the acceleration projects, making timely adjustments and optimizations based on project progress and feedback.

• Partner Involvement and Feedback: We invite VC partners, mentors, and communities to participate in guiding projects, offering diverse perspectives and suggestions.

• Continuous Learning and Innovation: Through hosting both online and offline events, we provide training and development opportunities for team members of acceleration projects.

2. Core Data

1. Accelerated Projects:

• Total Accelerated Projects: 78

• Assisted Fundraising Projects: 83, with a total fundraising amount of ~$120 million

• Co-Investment Fund Partners: 170

• Regional Distribution: North America & Europe: 59%, Asia: 41%

• Projects Launched This Year: 31

2. Comprehensive Coverage of Key Sectors:

Involved Sectors: Public Chain Infrastructure (Layer1, Layer2, Modular Blockchains, EVM, ZK, DA, etc.), DeFi Protocols, AI, DePin, RWA, Web3 Social and Entertainment Applications, GameFi

Key Area Project Distribution:

• DeFi: 30%

• Infrastructure: 20%

• AI: 15%

• Web3 Social: 20%

• Tools: 15%

3. Partnership Network:

• Startup Network: Over ~3,000 startups

• VC Partnerships: ~700+ venture capital firms.

• Strategic Partnerships: Partnered with 19 leading institutions, including Polygon, Animoca, Polychain, HashKey Capital, and NGC to establish the Royal Prestige Group Web3 Alliance, strengthening Web3 strategy in regions like the Middle East.

• Public Chains: Established collaborations with over 20 public chains, including Solana, BNB Chain, Movement, Aptos, Near, TON, Sui, and others.

• Mentors: Connected with 60+ globally renowned industry mentors, including GSR, Chainlink, Galxe, Fundamental, etc.

• University Resources: 20+ top-tier global universities, including Stanford, MIT, UC Berkeley, etc.

• Media Resources: 100+ vertical and mainstream media outlets, 50+ marketing agencies, and 300+ top global KOLs and communities.

3. Key Achievements

Star Projects:

In 2024, the accelerator partnered with 16-star projects, covering a wide range of sectors as detailed in the appendix “Web3Port’s Deep Collaboration with Star Projects.”

Community and Influence:

• Global Events Participation: Participated in and hosted 12 industry events, including The Last Gold Mine of Web3, Impact2049, Metaverse Immersive Experience and After Party HK, and Middle East Horizons: Unlocking Global Collaboration, among others.

• Media Exposure: Featured in over 100 media reports, with total viewership exceeding 8 million. Actively engaged with over 190 projects and 200 global communities.

Ecosystem Development:

• Collaborated closely with over 20 public chains, driving the realization of 30+ ecosystem collaboration projects.

• Introduced 200+ business resources to startups, resulting in 150+ successful business collaborations.

W3P Trading

As Web3Port continues to expand its management scale and collaborative reach, the demand for specialized secondary market support and value investing has grown significantly. In 2024, Web3Port launched and expanded its secondary brand, W3P Trading, along with a liquidity business segment. W3P Trading is dedicated to providing sustainable capital growth models for its partners and promoting comprehensive development through professional resource allocation and ecosystem support.

1. W3P Trading Collaborations include:

• Providing funding and customized secondary market strategies for high-quality projects.

• Participating in token economic model design, optimizing operational strategies, and building brand presence.

• Collaborating with Web3Port Foundation and Web3Port Labs’ resource network to drive the holistic development of projects, offering resource integration and business guidance.

• Providing professional active market value management for partner projects, optimizing token trading depth and market liquidity across all types of exchanges, including both DEXs and CEXs.

• Implementing scientific liquidity strategies to reduce market volatility and ensure stable market performance.

• Delivering real-time market analysis and industry trend insights to assist clients in making informed investment decisions.

2. W3P Trading 2024 Achievements:

• 30+ Projects partnered with

• Total trading volume: ~$100B

• Market capitalization of cooperative projects reached ~$20B

• Star projects covering CMC Top 30 rankings

• Total investment: ~$500M

• Satisfaction rate: 100%

Appendix: 2024 Web3Port Select Deep Collaboration Star Projects Disclosure

1. Movement: A high-performance Layer 2 solution built on MoveVM. The TGE debuted on exchanges like Binance, Upbit, OKX, Bybit, Bithumb, and Coinbase, reaching a peak market value of $14B and ranked in CoinMarketCap’s Top 50. The Movement has secured hundreds of millions in funding from renowned investors such as Binance Labs, Polychain, CoinFund, Nova Fund, and HackVC. The mainnet is nearing launch, with the testnet having completed 680 million transactions, 15.8 million active addresses, and over 840,000 community members.

2. Aethir: A decentralized cloud computing network focused on delivering efficient, low-cost computational resources. A leader in AI computing power, Aethir successfully launched on exchanges like Upbit, OKX, and Bybit, raising $11.53M in funding and selling over $150M worth of nodes. Aethir has also established a $100M ecosystem fund to support projects in the AI and gaming computing sectors and will provide 336 million ATH tokens to fund the Aethir Catalyst projects.

3. Puffer: Puffer Finance is a protocol focused on Ethereum’s decentralization and scalability, offering Liquid Restaking functionality. Its UniFi Rollup provides instant L1 withdrawals and sub-second transactions. It has launched on exchanges like Upbit and Kraken. The project has raised $23.5M in two funding rounds, with prominent investors including Lemniscap, Lightspeed Faction, Brevan Howard Digital, and Electric Capital.

4. Polyhedra: A cross-chain interoperability protocol for seamless blockchain connections and asset transfers. It supports over 10 major blockchains and has facilitated cross-chain transactions exceeding $3 billion. Polyhedra has raised $75M in multiple funding rounds from investors such as Polychain Capital and Binance Labs.

5. CARV: The largest modular data layer (IDL) in the gaming and AI sectors. Launched on Upbit, OKX, and Bybit. Leveraging its modular data solutions, CARV has accumulated 15 million registered users and 2.1 million daily active wallet addresses across 40+ chains. The CARV SVM Chain testnet is live, providing a secure and unified infrastructure for AI agents, enhancing their intelligent and collaborative capabilities.

6. UxLink: A Web3 social platform that decentralizes the connection between users and projects, offering Social Growth Layer (SGL) services to drive growth and user adoption in the crypto market. UxLink has launched on Upbit, OKX, and Bybit, with over 8 million users. It ranks among the top three by trading volume on Upbit/Binance, alternating with BTC/Movement.

7. Xterio: A Web3 game platform and publisher focused on developing and launching high-quality Web2 and Web3 games. The platform has registered 7.9 million users and over 119 million on-chain interactions. Xterio has completed multiple funding rounds, raising $55 million from investors like FunPlus, Makers Fund, FTX Ventures, and Binance Labs.

8. GoPlus: The world’s largest Web3 security infrastructure platform, providing comprehensive security services including smart contract auditing and real-time risk monitoring. Supported by investors such as Binance Labs and OKX Ventures, GoPlus has provided security support to over 1,000 projects and exchanges, with over 34 million daily API calls. It has protected assets valued at over $10 billion, setting industry standards for Web3 security.

9. Lumoz: A global leader in modular computing layers (Modular Compute Layer) and RaaS (Rollup as a Service) platform, providing powerful computing and validation services for ZK (zero-knowledge) and AI applications across blockchain architectures. Lumoz supports multiple Layer 2 networks including Merlin, ZKF, and Hashkey Chain.

10. MetaCene: A metaverse multiplayer online gaming platform for gamers, aiming to build a digital ecosystem that integrates virtual reality and the real world, offering immersive social, entertainment, and business experiences. MetaCene has completed two funding rounds, raising $15 million with lead investments from Hash Global, SevenX Ventures, and Folius Ventures.

11. Bitlayer: A next-generation blockchain infrastructure providing high-performance Layer 1 solutions. The mainnet is live, with over 5,000 nodes and a network throughput of 10,000 transactions per second. Bitlayer has completed three funding rounds, led by Framework Ventures, ABCDE Capital, Franklin Templeton Digital Assets, and Polychain Capital, raising a total of $25 million.

12. Avalon Finance: A decentralized finance platform offering diverse DeFi services, including lending, trading, and yield aggregation. The platform’s total value locked (TVL) has surpassed $1.5 billion, with over 500,000 users and a total trading volume of $2 billion. Avalon Finance was selected for BNB Chain’s 8th season of the MVB Accelerator Program. In December 2024, it raised $10 million in Series A funding, with investments from Framework Ventures, Kenetic Capital, and other prominent firms.

13. Balance: A Web3 social and gaming platform built by the team behind the world’s largest gaming companion platform, E-PAL. Balance integrates blockchain and AI technologies to redefine social and gaming experiences, aiming to bridge Web2 and Web3 users. Balance.fun has over 5 million users. It was led by a16z and Galaxy and selected for the MVB 8th season.

14. Deagent: DeAgent AI is the largest AI agent infrastructure within the Movement, BTC, and BSC ecosystems. With over 5 million users and nearly 700,000 daily active users, DeAgent’s product, AlphaX, has consistently ranked as the top AI DApp on the BSC ecosystem and Galaxy platform.

15. Network3: A revolutionary technology that builds a dedicated AI Layer 2, optimizing and compressing AI models through federated learning, edge computing, and confidential computing. Network3 provides fast, convenient, and efficient model training and validation services for global AI developers. DePIN Scan ranks 4th, with over 570,000 active nodes covering 188 countries, and the app has surpassed 50 million downloads.

16. Codatta: A blockchain metadata collaboration protocol driven by AI, co-led by OKX Ventures, and selected for the MVB 8th season. Developed by a team of former senior data experts from Ant Group, Codatta uses anonymous privacy protection to decode blockchain addresses, simplifying complex transactions for compliance analysis, risk management, trend analysis, and user modeling, and providing necessary semantic data for other AI-driven applications.

17. Vold: A decentralized blockchain platform designed to establish on-chain reputation by validating and rewarding users for their actions in the real world. Vold offers a “Proof of Personhood” mechanism to ensure user identity validation in both the digital and real worlds. The team is composed of high-quality backgrounds, including entrepreneurs from NASDAQ-listed companies and a Super Bowl champion NFL legend. Vold bridges the Web3 space with the professional sports domain in the United States.

18. Wave: A Web3 social and financial ecosystem built on the Sui blockchain, Wave aims to merge DeFi and GameFi into one intuitive platform. It was the winner of the Sui Global Hackathon and a flagship project for the Sui Foundation. Wave has reached 1.8 million users, with a peak daily active wallet (DAW) count of 1.3 million. At its peak, Wave accounted for nearly 80% of Sui’s active accounts and transaction volume.

19. Cycle Network: A decentralized aggregation liquidity network for all blockchains, Cycle Network uses aggregation sorters and chain abstraction to connect L1 and L2 blockchains through zk-rollups. It was selected for Binance Labs’ seventh season of the incubator program. With over 1 million unique active wallets (UAW) and a media matrix user base of over 800k, Cycle has seen significant growth, particularly on TikTok, where it has over 300k followers in key countries, generating over 150k real users. The project is expected to gain 1M+ effective users on TikTok in a short period.

20. Wild Forest: A free-to-play real-time strategy game that combines card collection and tactical combat elements. Players can collect, upgrade, and trade cards, earning real rewards through successful battles and NFT trading. Based on the Ronin network, the game features PvP combat, deck building, and territory control. Wild Forest has over 100k users, with daily active users surpassing 18k.

21. Bool Network: A Layer 2 scaling solution providing an efficient and low-cost smart contract execution environment. Bool Network has over 10,000 nodes, with a daily transaction volume of 2 million transactions. The community continues to grow, with over 3 million Telegram users. Node sales are progressing rapidly, with more than 500 nodes sold.

22. CharacterX (CAI): An AI infrastructure project combining advanced large language models (LLM), multimodal intelligence, and tokenized economies. CAI has built an agent-driven ecosystem across multiple platforms, supporting over 10 million AI agents and serving over 100 million users. The project is backed by investors such as Lightspeed and the Solana Foundation.

23. Volare: A decentralized financial platform offering various financial services, including stablecoins, lending, and trading, designed to provide users with secure, efficient, and transparent financial solutions. Volare has strong investment backing led by DCG, with follow-up investments from Arrington and GSR.

24. Quantlytica: A blockchain-based AI-driven quantitative analysis platform, providing a range of data analysis tools and services to help users make informed investment decisions in the digital asset market. Quantlytica has successfully listed and is considered a rising star in the AI sector.

25. Satoshi Protocol: A decentralized financial protocol that aims to provide efficient and secure financial services through innovative smart contracts and mechanism designs.

26. Eden: An innovative project combining DePin and social elements by integrating adult toys with mining activities. Users can earn rewards through the “Yearn to earn” model. Eden has already sold over 3,000 units and received significant support from the BERA ecosystem.

27. Trusta: An AI-driven Web3 identity and reputation protocol that builds a Proof of Humanity (POH) and on-chain reputation system based on its unique AI machine learning model and knowledge graph. Trusta serves over 4 million users and 2 million unique addresses and has supported several Layer 1 (L1) and Layer 2 (L2) networks such as Celestia, Linea, Arbitrum, and BNB Chain, along with nearly 30 DeFi projects. It has generated over 1 million credit reports.

28. AD3 Network: A decentralized advertising network leveraging blockchain technology to provide transparent, fair, and efficient ad placement and revenue distribution solutions for advertisers and publishers.