Top Node Sales by Funds Raised — June 2024

DropsTab
Investor’s Handbook
3 min readJul 2, 2024
Aethir — Funds Raised: $153.8M, Sophon — Funds Raised: $76.5M, XAI — Funds Raised: $48.1M, Carv — Funds Raised: $30.2M, HYCHAIN — Funds Raised: $8.25M, PowerLoom — Funds Raised: ~$3.24M.

Top Node Sales by Funds Raised — June 2024

The latest data from DropsTab provides a comprehensive overview of the top node sales by funds raised as of June 10, 2024. Here’s a detailed breakdown of the leading projects in the space:

Aethir

  • Funds Raised: $153.8M
  • Nodes Sold: 74,673
  • Implied/FDV: $3.35B
  • Backers: 41,903
  • Twitter Performance Score: 936
  • Sector: Cloud

Aethir leads the pack with a staggering $153.8 million raised. As a cloud infrastructure project, it has sold 74,673 nodes, translating to an implied Fully Diluted Valuation (FDV) of $3.35 billion. The project enjoys significant backing with 41,903 supporters and a robust Twitter presence indicated by a performance score of 936.

Sophon

  • Funds Raised: $76.5M
  • Nodes Sold: 123,554
  • Implied/FDV: $549M
  • Backers: 20,865
  • Twitter Performance Score: 937
  • Sector: Modular L2

Sophon, focusing on modular Layer 2 solutions, has raised $76.5 million. With the highest number of nodes sold at 123,554, it has an implied FDV of $549 million. The project has attracted 20,865 backers and maintains a strong Twitter presence with a score of 937.

XAI

  • Funds Raised: $48.1M
  • Nodes Sold: 35,171
  • Implied/FDV: $1.80B
  • Backers: 13,099
  • Twitter Performance Score: 1403
  • Sector: Gaming

XAI, a gaming-focused project, has garnered $48.1 million in funds. It has sold 35,171 nodes, resulting in an impressive implied FDV of $1.80 billion. The project is supported by 13,099 backers and boasts the highest Twitter performance score of 1403, reflecting strong community engagement.

Carv

  • Funds Raised: $30.2M
  • Nodes Sold: 35,229
  • Implied/FDV: $252M
  • Backers: 6,132 + 7.7M
  • Twitter Performance Score: 611
  • Sector: Gaming

Carv, another gaming project, has raised $30.2 million. It has sold 35,229 nodes, with an implied FDV of $252 million. The project is backed by 6,132 direct supporters and an additional 7.7 million indirect backers. Despite a relatively lower Twitter performance score of 611, Carv shows significant backing and potential.

HYCHAIN

  • Funds Raised: $8.25M
  • Nodes Sold: 17,372
  • Implied/FDV: $169M
  • Backers: 2,249
  • Twitter Performance Score: 783
  • Sector: Gaming

HYCHAIN, with a focus on gaming, has raised $8.25 million. The project has sold 17,372 nodes, leading to an implied FDV of $169 million. It has 2,249 backers and a moderate Twitter performance score of 783, indicating a growing community presence.

PowerLoom

  • Funds Raised: ~$3.24M
  • Nodes Sold: 5,050
  • Implied/FDV: ~$30M
  • Backers: ~883,7
  • Twitter Performance Score: 347
  • Sector: Data Service

PowerLoom, operating in the data service sector, has raised approximately $3.24 million. It has sold 5,050 nodes, with an implied FDV around $30 million. The project has around 883,7 backers and the lowest Twitter performance score of 347, suggesting it is still building its online presence.

This detailed breakdown highlights the diverse landscape of node projects, showcasing their varying levels of community support, financial backing, and sector focus. The Twitter Performance Score indicates the social media presence and engagement, which can be crucial for project visibility and community interaction. The data underscores the substantial interest and investment in the node sector, spanning applications from gaming to data services and cloud solutions.

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