Coin overview
ANLOG
Ended--
Last price (USDT)
233.09K
24h total (USDT)
484.96K
Total vol (USDT)
2025-01-21 08:00:00 ~ 2025-01-22 14:00:00
Trading time (UTC+0)
2025-02-10 12:00:00 ~ 2025-02-10 16:00:00
Delivery time (UTC+0)
Research Report | Detailed Explanation of Analog & Analysis of ANLOG Market Value
1. Project Introduction Analog is a full-chain interoperability protocol based on Proof of Time (PoT), but it is not a cross-chain bridge in the traditional sense. Its goal is to allow data, assets and smart contracts between different public chains to interact directly without relying on centralized bridging or encapsulated assets. Compared with most cross-chain bridges that can only do simple asset transfers, Analog provides a more basic cross-chain communication capability, allowing developers to build truly interoperable applications between multiple blockchains. Its core architecture includes the Timechain mechanism, PoT (Proof of Time) consensus, Analog Watch and GMP (cross-chain message transmission), which make transactions and data flows on the chain more secure and transparent. The design of the PoT consensus allows any node to participate fairly without requiring a large amount of pledged funds like PoS, thereby improving the degree of decentralization. At the same time, Analog also uses zero-knowledge proof (ZKP) to enhance privacy protection to ensure that cross-chain interactions do not bring additional security risks. From the developer's perspective, Analog provides a unified SDK that allows developers to transfer data, execute transactions, or call smart contracts between different chains just like calling APIs, without having to adapt the rules of each chain separately. In other words, it hopes to make the interoperability of the blockchain world as simple as the Internet, rather than letting developers face a bunch of complex cross-chain protocols. Currently, Analog has received $21 million in financing, with a valuation of over $400 million. Investors include well-known institutions such as Foresight Ventures, Gate Ventures, and Tribe Capital. In the future, Analog plans to expand more applications in areas such as AI data oracles, RWA interoperability, and cross-chain Memes, so that cross-chain communication will not only stay in asset circulation, but will truly serve the large-scale application landing of the Web3 ecosystem. II. Project highlights 1. Not a traditional cross-chain bridge, but a more underlying interoperability protocol Analog is not a cross-chain bridge in the traditional sense, but a Layer0-level cross-chain interoperability protocol. Traditional cross-chain bridges are mainly used for asset transfers, while Analog focuses on cross-chain smart contract interactions, data sharing, and event-driven transactions. It allows dApps on different chains to run as if on the same chain, breaking the complexity and security risks of cross-chain operations in the past. 2. PoT mechanism + Timechain, decentralized cross-chain is safer Most cross-chain protocols rely on the PoS mechanism, which usually requires users to lock up a large number of tokens to become validators, resulting in highly concentrated nodes. Analog uses the PoT (Proof-of-Time) consensus mechanism, allowing all nodes to participate in consensus fairly without the need for huge stakes. At the same time, it combines Timechain as a data responsibility layer to ensure that all cross-chain interactions are verifiable and tamper-proof, reducing single point failures and security risks. 3. One-stop development experience, lowering the threshold for building cross-chain dApps Analog provides AnalogOne SDK, allowing developers to connect to all supported chains through an API and directly call Watch (cross-chain data query), GMP (cross-chain transaction) and Automation (cross-chain automation) functions. This is more efficient than the traditional cross-chain bridge that needs to adapt to contracts of different chains, and truly makes the development of multi-chain dApps as simple as Web2. 4. Capital recognition, valuation exceeds US$400 million, and ecological layout is accelerated Analog has completed US$21 million in financing in 2024-2025, with a post-investment valuation of US$420 million. Investors include Foresight Ventures, Gate Ventures, Tribe Capital, NGC Ventures, Wintermute, GSR, NEAR, Orange DAO and Balaji Srinivasan and other well-known institutions. With the launch of the mainnet and the opening of the token public offering, Analog is accelerating the construction of the ecosystem, aiming to create more practical applications in the fields of AI data oracles, RWA interoperability, cross-chain Memes, etc. 5. A new paradigm of cross-chain communication that is difficult for competitors to directly copy The current cross-chain communication market is dominated by protocols such as LayerZero and Wormhole, but most of them focus on a single cross-chain function (such as messaging or asset bridging), while Analog attempts to build a true one-stop cross-chain platform. Its PoT mechanism + Timechain design makes it independent of external oracles, centralized intermediaries or packaged assets, allowing developers to freely build seamless cross-chain applications, forming a unique competitive barrier. III. Market value expectations As a full-chain interoperability protocol driven by PoT consensus, Analog is different from traditional cross-chain bridges, but provides underlying cross-chain smart contract interaction capabilities. In the current Web3 interoperability track, LayerZero, Wormhole and Omni Network have all achieved large-scale applications and have strong pricing anchors in the market. At present, the circulation of Analog is 1.1366B. Considering the market valuation system of the full-chain interoperability protocol, the future market value performance of Analog can refer to the market pricing of LayerZero, Wormhole and Omni Network. IV. Economic Model The total issuance of Analog tokens is 9,057,971,000, with an annual inflation of 8%; initial circulation: 1,136,622,650 (accounting for 12.5483% of the total) Token distribution and release: Token Utility is as follows: 1. Staking: Node operators (i.e. time nodes) must stake ANLOG tokens to participate in network consensus as validators on Timechain. 2. Incentives: Timechain provides fixed block rewards/stake benefits to time nodes that verify blocks on the network through the NPoS mechanism, incentivizing nodes to maintain network security. 3. Gas Fees: All transactions on Timechain (including balance transfers, staking/cancelling staking, referendum voting, etc.) require the payment of ANLOG tokens as handling fees. 4. Protocol Fees: ANLOG can be used as collateral for DApps (such as Analog Watch) built on Timechain to ensure the stable operation of decentralized applications. 5. Governance: ANLOG is a protocol governance token, and holders can vote to decide protocol rules, ecological development direction and resource allocation. V. Team & Financing Team Information: Core members come from Polkadot, X Fund, Chainlink and Y Combinator, and have rich experience in cross-chain interoperability, decentralized security and infrastructure construction. Chief Architect Victor Young graduated from the University of Waterloo, focusing on cryptography, security, distributed systems and privacy. He was responsible for technical architecture at Hyperloop, DocSend and eNet, and has extensive experience in start-ups. Business Director Eric Wang graduated from the University of California, Los Angeles (UCLA) with a bachelor's degree, and then studied for a master's and doctoral degree in chemistry at Stanford University. During his doctoral studies, he founded ROK Capital, which has invested in more than 40 crypto projects and manages $30 million in funds. He was responsible for ecological growth at Injective Labs and Parity Technologies, and led the Substrate Builders Program to promote the development of Web3 infrastructure. In addition, the Analog team also includes several core developers who have worked at Parity Technologies, the Polkadot ecosystem, to jointly promote the implementation of cross-chain communication technology. Financing: Analog has completed two rounds of financing, totaling US$21 million, with a post-investment valuation of US$420 million. Investors include well-known institutions such as Foresight Ventures, Gate Ventures, Tribe Capital, NGC Ventures, Wintermute, GSR, NEAR, Orange DAO and Balaji Srinivasan. -In February 2024, Analog completed a US$16 million seed round of financing, with support from Tribe Capital, NGC Ventures, Wintermute, GSR and NEAR. -In early 2025, Analog received another US$5 million in seed round financing, led by Foresight Ventures and Gate Ventures. The funds will be mainly used for ecological expansion and technology research and development. VI. Potential Risk Warning 1. At present, there are mature projects such as LayerZero, Wormhole, and Omni Network in the cross-chain interoperability track, all of which have a certain market share and technical accumulation. Analog is still in its early stages. Although it provides an innovative architecture of PoT+Timechain, how to attract developers and ecological partners, and how to ensure the compatibility and scalability of the protocol will be an important competitive pressure it must face. 2. Analog token ANLOG has multiple uses such as staking, gas fees, governance, and protocol fees, but whether its annual inflation rate of 8% can be reasonably digested remains in doubt. If the market demand for ANLOG is insufficient, it may lead to excessive inflationary pressure and affect the long-term value of the token. In addition, whether the incentive mechanism of the protocol can balance the needs of long-term holders and short-term liquidity is also a part of the token economic model that needs to be continuously optimized. VII. Official Links Website: https://www.analog.one/ Twitter: https://x.com/OneAnalog Telegram: https://t.me/analogtimer
Analog (ANLOG): Building Bridges in the Blockchain World
What is Analog (ANLOG)? Analog (ANLOG) is a suite of interoperability protocols built on the Substrate SDK, a framework known for its flexibility and modularity in creating blockchains. Its primary goal is to become the go-to hub for Web3 interoperability, tackling challenges in both multi-chain and cross-chain ecosystems. The current blockchain landscape is often described as a collection of "walled gardens"—isolated networks with limited connectivity. While this ecosystem addresses the growing demand for blockspace, it has introduced significant problems such as fragmented user experiences, data, and liquidity. Analog’s vision is to provide developers and users with a seamless, secure way to navigate and integrate multiple blockchain networks, simplifying DApp development and enhancing user experience. At the core of Analog is the Timechain, a custom-built blockchain that utilizes the Nominated Proof-of-Stake (NPoS) protocol. The Timechain is both the accountability layer and the engine driving cross-chain communication within the Analog ecosystem. Who Created Analog (ANLOG)? Analog was founded in 2021 by Victor Young and a team of engineers and DeFi experts who collectively bring more than 150 years of blockchain experience to the table. Victor Young, a graduate of the University of Waterloo, has decades of experience in blockchain engineering and startups. His firsthand encounters with the challenges of siloed systems in traditional industries inspired him to create Analog. Victor’s vision was to build a truly chain-agnostic protocol that would unify fragmented blockchain ecosystems. The Analog team also includes: ● Eric Wang, the Head of Business Development, whose background includes roles like Ecosystem Development Lead at Parity Technologies and General Partner at ROK Capital. He oversees Analog’s go-to-market strategy and partnerships. ● Avneet Singh, the Product Lead, who previously held senior positions at Chainlink Labs and PayPal. His expertise in software engineering and blockchain development propels Analog’s technical advancements. ● Sanchal Ranjan, the Product Manager, brings years of startup experience, having been a Deloitte consultant, a Y Combinator entrepreneur, and co-founder of ZiffyHomes. ● Florian Franzen, the Head of Research, contributes a wealth of Web3 expertise, including work at the Web3 Foundation and the Center of Advanced European Study and Research (CAESAR). ● David Craven, a Senior Blockchain Engineer, has worked at Parity Technologies and other blockchain-focused companies, bringing his technical knowledge to Analog’s development. ● Lohann Ferreira, another blockchain engineer, has experience in senior roles at First Foundry and Enjin, further strengthening Analog’s technical team. What VCs Back Analog (ANLOG)? Analog has attracted significant attention from prominent venture capital firms and investors. Among its notable backers are: Binance (BNB Chain Incubation), Outliers Fund, Tribe Capital, OrangeDAO, Wintermute, Master Ventures, Better Capital, NGC Ventures, Quantstamp, MH Ventures, Presto Labs, Contango Digital, Fred Smith, and Balaji Srinivasan. How Analog (ANLOG) Works Analog’s architecture revolves around two key components: the Timechain and its node network. Together, they enable seamless cross-chain communication and interoperability. The Timechain The Timechain is the backbone of Analog’s ecosystem. Built using the Substrate SDK, it operates as a Nominated Proof-of-Stake (NPoS) blockchain. Validators, known as Time Nodes, secure the network by verifying and committing new blocks in exchange for incentives. This ensures a dynamic and decentralized validator set, maintaining the integrity of the network. The Role of Nodes Two categories of nodes play vital roles in the Analog network: 1. Time Nodes: These nodes secure the Timechain by validating transactions and committing new blocks. They are critical for maintaining the blockchain’s security and functionality. 2. Chronicle Nodes: These nodes facilitate cross-chain communication through two primary services: - Attestation Service: They monitor inbound cross-chain requests, validate them using Threshold Signature Schemes (TSS), and post the results on the Timechain. - Relaying Service: They relay cross-chain message payloads to the destination chain for execution. Together, these nodes enable DApps to interact seamlessly across different blockchains, eliminating barriers and improving user experience. Products Built on Analog Analog has already developed two notable products on top of the Timechain: 1. Analog Watch: A developer-friendly platform for deploying and querying on-chain data. It provides a flexible way to interact with blockchain data across multiple chains. 2. Analog GMP (General Message Passing): A secure and decentralized protocol for cross-chain communication. It allows DApps to execute smart contract functions on any Analog-connected chain, simplifying the process of building cross-chain applications. In the future, Analog plans to introduce Analog Automation, a solution for automated cross-chain smart contract execution. This will allow developers to trigger smart contract functions across multiple blockchains seamlessly. The Role of the $ANLOG Token The $ANLOG token is the native cryptocurrency of the Analog network. It serves as both a utility and governance token. Users can stake $ANLOG to become validators (Time Nodes), participate in governance decisions, and secure the network. This token is central to Analog’s ecosystem, incentivizing participation and ensuring smooth operation. Addressing Liquidity Fragmentation One of Analog’s key innovations is its ability to solve the problem of liquidity fragmentation. By enabling seamless message passing between blockchains, Analog allows DApp developers to access liquidity across multiple platforms with a single click. This approach is similar to how HTTP(S) protocols enable communication over the internet, making blockchain integration intuitive and efficient. Decentralization and Scalability Analog is built to be highly decentralized and scalable. Anyone can participate in the network by running a Time Node or Chronicle Node, provided they stake the required tokens. The Timechain’s Substrate-based design ensures modularity and forkless upgrades, allowing the protocol to adapt and scale without disrupting the network. ANLOG Goes Live on Bitget ANLOG token is at the core of a groundbreaking interoperability protocol that connects fragmented blockchain ecosystems. Designed for seamless cross-chain communication, ANLOG supports decentralized applications and liquidity sharing across multiple networks. We are thrilled to announce that Analog (ANLOG) will be listed in the Innovation and WEB3 Zone. Check out the details below: Deposit Available: Opened Trading Available: 10 February 2025, 11:00 (UTC) Link: ANLOG/USDT Start trading ANLOG on Bitget today to join a community shaping the future of blockchain interoperability! Analog (ANLOG) on Bitget Launchpool — lock BTC and ETH to share 23,333,431 ANLOG! Locking period: 10 February 2025, 11:00 – 15 February 2025, 11:00 (UTC) Project details • Token name: Analog (ANLOG) • Total supply: 9,057,971,000 ANLOG • Launchpool allocation: 23,333,431 ANLOG Locking pool 1: Total ANLOG Campaign Pool 11,666,715 ANLOG Maximum BTC locking limit for VIP1-VIP7 1 BTC Maximum BTC locking limit for VIP0 0.3 BTC Minimum BTC locking limit 0.0001 BTC BTC pool airdrop per user = user's locked BTC ÷ total locked BTC of all eligible participants × corresponding pool. Locking pool 2: Total ANLOG Campaign Pool 11,666,716 ANLOG Maximum ETH locking limit for VIP1-VIP7 15 ETH Maximum ETH locking limit for VIP0 10 ETH Minimum ETH locking limit 0.002 ETH ETH pool airdrop per user = user's locked ETH ÷ total locked ETH of all eligible participants × corresponding pool. Lock Now Analog (ANLOG) on Bitget PoolX — Lock ANLOG to share 3,030,315 ANLOG Locking period: 10 February 2025, 11:00 – 20 February 2025, 11:00 (UTC) Lock Now Locking pool Total ANLOG Campaign Pool 3,030,315 ANLOG Maximum ANLOG locking limit 15,151,515 ANLOG Minimum ANLOG locking limit 150 ANLOG ANLOG pool airdrop per user = user's locked ANLOG ÷ total locked ANLOG of all eligible participants × corresponding pool. Analog (ANLOG) on Bitget CandyBomb – Trade to share 2,545,466 ANLOG Promotion period: 10 February 2025, 11:00 – 17 February 2025, 11:00 (UTC) CandyBomb Promotion details: Total ANLOG Campaign Pool 2,545,466 ANLOG Spot trading pool*new user only 1,878,796 ANLOG Futures trading pool*new futures user only 666,670 ANLOG Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
Dialogue with Analog Business Leader: AI, RWA, and meme provide three major growth opportunities for cross-chain communication
Interview: flowie, ChainCatcher Guest: Eric Wang, Head of Business at Analog Organizer: flowie, ChainCatcher Recently, the full-chain interoperability protocol Analog announced the completion of a $5 million expansion seed round financing, with investments from Foresight Ventures, Gate Ventures, and others, reaching a post-investment valuation of $300 million. In February 2024, Analog also secured $16 million in seed funding. The investment team behind it is quite impressive, including Tribe Capital, NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Balaji Srinivasan, and others. The backing from numerous well-known investment institutions is attributed to the diverse and experienced background of the Analog team in the crypto field. The founding team members have experience from key projects in the crypto industry, such as Polkadot, X Fund, Chainlink, and Y Combinator. In the fiercely competitive cross-chain communication space, Analog aims to address the challenges of fragmentation, centralization, and security in cross-chain interactions. Eric Wang, the head of business at Analog, stated that Analog positions itself as a "one-stop" shop for cross-chain developers, dedicated to meeting all native cross-chain DApp development needs, allowing developers or users to seamlessly use different blockchains under a single, unified application. In 2025, Analog will actively explore innovations in AI data oracles, RWA interoperability, cross-chain memes, and more, striving to become the most widely adopted "chain abstraction" product. Analog announced the launch of its mainnet last December and began its token public offering in January this year. What differentiated paths and key roadmaps does Analog have for 2025? What growth opportunities remain in the cross-chain communication space? Recently, Eric Wang shared insights in an interview with ChainCatcher. Differentiated Paths of Analog 1. ChainCatcher: Can you share how you entered the crypto field? What important work experiences and achievements did you have before joining Analog? Eric Wang: I graduated with a bachelor's degree from UCLA and later pursued a master's and PhD in chemistry at Stanford. During my PhD studies at Stanford, I paused my academic career to start a business and co-founded ROK Capital, a crypto hedge fund that has invested in over 40 projects and raised about $30 million. I have also had the privilege of contributing to global cryptocurrency events, such as Korea Blockchain Week, and providing strategic advice to some top Web2 companies. Additionally, I co-founded a decentralized storage company, Archon Technologies, with friends. Later, while working at the Web3 infrastructure company Parity Technologies, I gradually moved from ecosystem development to the role of strategic growth director and led the establishment of the Substrate Builders Program, facilitating some important collaborations. Currently, I also provide strategic advice to several well-known projects within the Polkadot ecosystem. I feel fortunate to combine my technical background with business experience to build in the blockchain and crypto industry. 2. ChainCatcher: From public information, it seems that other founding team members of Analog come from well-known projects like Polkadot, X Fund, Chainlink, and Y Combinator. Could you please provide a detailed introduction to the founding team members of Analog? How do they support the development of the Analog project? Eric Wang: Chief Architect Victor Young plays a crucial role in Analog's strategic development. He graduated from the University of Waterloo, with expertise in cryptography, security, distributed systems, full-chain frameworks, and privacy. He has a deep understanding of blockchain and decentralized protocols and excels at designing innovative business models. Victor Young has also accumulated key experience in developing startups at several well-known companies, including Hyperloop, DocSend, and eNet. He built the first actuarial automated underwriting and policy binding application for a Fortune 100 life and health insurance company, reducing the underwriting process from 8 weeks to just 8 seconds. He also scaled a company from 0 employees and contractors to 500 without any venture funding. Co-founder Sanchal Ranjan currently oversees product development, token economics, and financing at Analog. He is a founding member of OrangeDAO and has a consulting background at companies like Deloitte and KPMG. Sanchal Ranjan previously built a B2C co-living platform funded by YC, which was acquired by Tiger Global's portfolio. 3. ChainCatcher: What was the initial intention of the founding team when establishing Analog? What vision and goals do they hope to achieve in the blockchain field? Eric Wang: Currently, the Web3 blockchain data space is fragmented, with users, assets, applications, and ecosystems operating independently. Existing blockchain bridges, while useful, are mostly temporary solutions that are centralized and vulnerable to attacks. These attacks erode trust and pose systemic risks to the blockchain ecosystem. Is there a way to safely enable users and developers to interact with users and dApps on any platform? This is where Analog comes in. Analog is a trustless full-chain interoperability protocol that provides powerful low-level communication primitives for building diverse cross-chain applications. Engineers can implement cross-chain applications, such as cross-chain decentralized exchanges (DEX) or multi-chain yield aggregators, without relying on trusted custodians or wrapped assets. Analog is committed to making direct, trustless transactions between all chains possible, integrating decentralized liquidity, and empowering users to fully utilize applications across different chains. We are creating the network structure for a fully connected full-chain ecosystem of the future. 4. ChainCatcher: The cross-chain communication space is highly competitive. Who are Analog's main competitors in the crypto market? What are Analog's differentiated paths and competitive advantages compared to them? What unique aspects does Analog's technical architecture have? Eric Wang: Analog's main competitors include Axelar, LayerZero, Chainlink, Gelato, Wormhole, Graph, and Hyperlane. These competitors typically focus on 1-2 cross-chain development services, requiring developers to integrate multiple products to build DApps. In fact, most interoperability solutions currently make it difficult for developers to create seamless applications. Analog allows developers or users to seamlessly use different blockchains under a single unified application. This means that smart contracts deployed across multiple chains can work closely together, making it easier for developers to view them as part of a single subsystem. The AnalogOne SDK provides developers with a single access point to seamlessly integrate all products. Developers can use Watch (for data), GMP (for sending transactions/assets), and Automation (for automating business processes) individually or together. This reduces the need for multiple integrations and provides a more efficient and coherent development experience. Additionally, Analog offers native cross-chain functionalities that competitors lack. For example, Analog Automation allows for setting conditions and triggers across different chains, making it easier to automate cross-chain workflows. Watch can aggregate data across multiple chains, unlike Graph, which requires setting up subgraphs for each chain individually. Analog also takes a different approach to security. Analog provides customizable security parameters for different transactions. Currently, Axelar uses a single parameter for all transactions, lacking flexibility. LayerZero's security is defined by the application, which cannot provide guarantees. Moreover, Analog is built on Substrate, which offers the advantage of easy upgrades, ensuring that new proof mechanisms can be implemented easily, which is different from competitors. By addressing these key aspects, Analog positions itself as a "one-stop" shop for cross-chain developers, meeting all native cross-chain DApp development needs. Three Common Challenges in Cross-Chain Communication 5. ChainCatcher: Cross-chain communication projects are often criticized for lacking decentralization and being vulnerable to significant security attacks. What is Analog's response to this? Eric Wang: Our approach centers around Timechain, an independent blockchain that employs a nominated proof-of-stake (NPoS) consensus mechanism, ensuring that all network activities are transparent and verifiable. This decentralized framework eliminates single points of failure and significantly reduces vulnerability to security attacks. Additionally, after our token generation event (TGE), we plan to implement a more decentralized governance structure, drawing on Polkadot's OpenGov model to empower the community in the decision-making process. 6. ChainCatcher: What common challenges does the industry still face in solving cross-chain communication interoperability? Eric Wang: Cross-chain interoperability faces critical barriers, but Analog is developing solutions that can redefine possibilities: First, fragmented standards and complexity. Most protocols force developers to choose between incompatible systems (like IBC vs. CCIP vs. LayerZero). Analog Watch addresses this issue with a cross-chain view—a unified query layer that can aggregate data from any chain in a single request. It can be seen as SQL for Web3: designers create no-code automation rules, collectors are rewarded for maintaining data integrity, and consumers can seamlessly query through our SDK. There’s no longer a need to piece together isolated protocols. Second, centralized bottlenecks and security risks. Bridges and validators remain major attack vectors. Analog's GMP eliminates the pre-registration requirement for contracts—this is an industry first—and provides a Boost mode for instant transactions, bypassing slow validations. Each transaction is protected by our Byzantine fault-tolerant consensus and time-proof protocol, with end-to-end tracking on Analog Explorer. Furthermore, our decentralized automation does not require centralized servers to operate. Third, misaligned incentives and governance. Projects often prioritize short-term growth over ecosystem health. Analog's token economics balance rewards among designers, collectors, and consumers, while our governance draws on Polkadot's iterative model. After the TGE, stakeholders will drive upgrades through on-chain voting—without a centralized team controlling progress. Moreover, Analog is also working to broaden its boundaries, not limited to the crypto field. Analog is attempting to connect on-chain systems with traditional financial systems. By combining our SDK's customizable trust model (optimized for speed, cost, or security), we are not only addressing interoperability issues but also aiming to build infrastructure for a unified financial ecosystem. 7. ChainCatcher: Analog recently launched its mainnet. Can you share the features of the mainnet launch and what upgrades have been made? What are the upcoming plans? Eric Wang: In the initial phase, the mainnet operates as a proof-of-authority (PoA) network, laying the groundwork for subsequent runtime upgrades to gradually add Analog's core functionalities before the token generation event (TGE). By the time our token launches, our mainnet will feature NPoS consensus, cross-chain messaging, cross-chain querying, and more. After successfully completing the three-phase testnet, the mainnet will enable true decentralization and interoperability solutions for developers, protocols, and users. Analog has now become a one-stop interoperability platform, providing a seamless tech stack for building cross-chain applications. By enabling complete smart contract execution across multiple chains, developers can create complex applications that respond to multi-chain ecosystem events. The activities on the Analog testnet have exceeded expectations, attracting over 12 million website visits and over 400,000 participating accounts. In Analog Watch, users have listed over 290,000 smart contracts and created over 1.9 million datasets on supported chains. More than 42,000 users have completed "proof of humanity" (PoH) verification, and this number is expected to grow significantly by the time of the TGE. The launch of the Analog mainnet marks a significant advancement in providing a secure and scalable platform for decentralized applications. With a simple, developer-friendly toolkit and a growing ecosystem, Analog aims to redefine the standards for future multi-chain experiences. 8. ChainCatcher: Analog recently initiated a public sale. Can you share the details of the token generation event (TGE) and airdrop plan? How has the token public sale progressed so far? Eric Wang: The public sale is being conducted on Fjord Foundry and Republic, achieving initial success. Regarding the airdrop, on January 15, the incentive testnet tasks and ATP point accumulation were officially discontinued. We notified each participant to ensure they had enough time to connect their Substrate wallets and Discord accounts. By January 18, the first batch of eligible addresses was whitelisted based on all connected Substrate addresses, and the first batch of users' claim website went live on January 19. We have conducted four rounds of token distribution so far. For any remaining eligible users, additional batches may be introduced. It is important to note that any unclaimed rewards will be returned to the Analog ecosystem fund after six months. To maintain fairness in the process and recognize everyone's efforts, we distributed rewards as follows: The first 91.7% of participants received rewards based on a square root calculation. PoH users received an additional reward boost, starting with a minimum of 205 tokens. 5% of the token supply is reserved for the community, with validator rewards to be distributed later. 9. ChainCatcher: What is the current status of Analog's ecosystem development? Who are the important partners? Eric Wang: Currently, over 50 projects are using or have committed to using Analog for development across various fields. For example, the NFT marketplace Rarible, which has a total trading volume of over $350 million, can mint and store NFTs on any blockchain supported by Analog, allowing an NFT originally created on Ethereum to be minted and stored in a Solana wallet. This eliminates the need for users to deal with blockchain complexities, providing a seamless experience. The multi-chain DAO creation and management platform StationX utilizes Analog's automated workflows to streamline cross-chain processes, from fund allocation to trigger-based actions, making DAO management more efficient and user-friendly. The AI agent protocol Parami leverages Analog to enable AI agents to interact within decentralized communities across multiple chains. The decentralized stablecoin project Frax Finance enhances the transparency and accuracy of FXS-USD pricing by integrating Analog Watch to send real-time oracle data across chains. The decentralized geolocation technology platform XYO enhances accessibility to DePIN-supported data using Analog. The platform Vemo Network, which converts locked crypto assets into tradable NFTs, utilizes Analog's cross-chain technology to lock assets across multiple chains and subsequently present them as NFTs. We plan to have over 200 ecosystem partners by the end of this year, with at least half of them being active. AI, RWA, and Memes: Growth Opportunities for Cross-Chain Communication 10. ChainCatcher: What are your expectations for the crypto market in 2025? Where do you see growth opportunities for cross-chain communication and Analog in 2025? Eric Wang: The cross-chain communication space will be central to blockchain development in 2025. As DeFi, NFTs, and tokenized assets expand across different blockchains, interoperability will become a necessary feature rather than a niche capability. We anticipate growth in the following key areas, giving Analog greater development potential in 2025. First, AI-enhanced data oracle systems. The rise of AI agents will also require secure cross-chain access to real-time data. Analog is exploring collaborations with AI-driven protocols to provide trusted timestamp data, thereby driving automated decision-making processes in decentralized finance (DeFi) and other fields. Second, interoperable RWAs. We initially achieved cross-chain tokenization of NFTs through Pixelport. We will leverage the same foundational technology to create interoperable real-world assets (RWAs). We believe this area will continue to grow, and we are currently in discussions with many projects in this field. Third, cross-chain memes. This year, memecoins have been very popular, but they are mostly active on the Solana chain (with a few on Base). We hope to realize the vision of cross-chain memes. We will soon announce a product that can achieve this goal. 11. ChainCatcher: What other important roadmap projects or goals does Analog have for 2025? Eric Wang: We are committed to launching products that users truly need. We have built the core infrastructure. We will launch projects based on Analog in areas such as DeFAI, Memecoin, AI meme, and RWA. We believe these projects will bring significant heat and usage to our ecosystem. We also firmly believe that DeFi will experience a significant revival this year and in the future. We have established partnerships with some major DeFi projects, such as Frax and Asymmetry Finance, and plan to continue expanding such collaborations. We are dedicated to becoming the most widely adopted "chain abstraction" product.
Daily Report | Trump Family Crypto Project WLFI Plans to Establish Token Strategic Reserve; Vitalik: Frustrated by the Current State of the Crypto Fi
Organizer: Luan Peng, ChainCatcher Important News: Cboe BZX submits 19b-4 application for XRP spot ETF for Bitwise and other issuers Trump family's crypto project WLFI plans to establish a token strategic reserve Insiders: Tether plans to accelerate investment expansion SlowMist: Detected potential suspicious activity related to BankX, please stay vigilant Iowa Congressman proposes bill to invest public funds in Bitcoin and digital assets Apps like Bybit and Kucoin have been removed from the Japanese App Store Pantera Capital CEO predicts BTC will reach $745,000 Corporate loyalty platform Superlogic completes $13.7 million Series A funding, led by Powerledger "What important events occurred in the last 24 hours" Cboe BZX submits 19b-4 application for XRP spot ETF for Bitwise and other issuers Cboe BZX Exchange, representing Bitwise, 21Shares, WisdomTree, and Canary Capital, submitted a 19b-4 filing to list and trade a spot exchange-traded product tracking XRP (the fourth-largest cryptocurrency by market capitalization). The 19b-4 application is the second part of a two-step process for submitting cryptocurrency ETF applications to the U.S. Securities and Exchange Commission. Once approved by the SEC, the application will be published in the Federal Register, initiating the agency's approval process. Bitwise first submitted a registration for a spot XRP ETF in October, while 21Shares submitted an S-1 registration statement for an XRP ETF to the SEC in November. Trump family's crypto project WLFI plans to establish a token strategic reserve According to Bloomberg, Chase Herro, co-founder of World Liberty Financial, stated that the platform plans to establish a "strategic reserve" by purchasing tokens, although Herro did not specify the goals for World Liberty's token reserves. World Liberty Financial co-founders Zak Folkman, Zach Witkoff, and Chase Herro attended the first summit hosted by Ondo Finance in New York, introduced by Donald Trump's son, Donald Trump Jr. Steve Witkoff previously helped the Trump family connect with the founders of World Liberty Financial and has now been appointed as Trump's Middle East envoy. Insiders: Tether plans to accelerate investment expansion According to Bloomberg, Tether plans to accelerate its investment and acquisition pace. Insiders revealed that as the company's revenues grow, Tether will leverage its increasing assets for more investments. CEO Paolo Ardoino stated at the Plan B forum held in El Salvador on January 31 that despite Tether's previous scrutiny from regulators due to its tokens being used by criminals and terrorists, it has now gained recognition from mainstream institutions. SlowMist: Detected potential suspicious activity related to BankX, please stay vigilant SlowMist issued a security alert indicating that potential suspicious activity related to BankX has been detected, urging vigilance. According to its official website, BankX introduces a dual-token, partially collateralized, partially algorithmic stablecoin into decentralized finance, claiming its stablecoin is the first to pay interest to users at the time of minting while always avoiding liquidation risks. Iowa Congressman proposes bill to invest public funds in Bitcoin and digital assets According to Bitcoin Magazine, Iowa Congressman Taylor Collins proposed a bill to invest public funds in Bitcoin and digital assets. Apps like Bybit and Kucoin have been removed from the Japanese App Store According to Cryptonews, Apple has taken action to prevent Japanese users from downloading the apps of cryptocurrency exchanges Bybit, Bitget, MEXC, Kucoin, and Bitcastle. Japanese media CoinPost reported that these blocks may be related to a series of warnings issued by the Financial Services Agency (FSA) in November 2024. Pantera Capital CEO predicts BTC will reach $745,000 According to Cointelegraph, the CEO of Pantera Capital predicts that Bitcoin will reach $745,000. Corporate loyalty platform Superlogic completes $13.7 million Series A funding, led by Powerledger Corporate loyalty platform Superlogic announced the completion of $13.7 million in Series A funding, led by Powerledger, with participation from Sangha Capital, 10SQ, Nima Capital, Actai Unicorn Fund, Hyla Liquid Venture Fund, Liquid 2 Ventures, and blockchain funds Galaxy Interactive, Recharge Capital, Dispersion Capital, and Sanctor Capital. Superlogic previously stated it would use digital assets to engage customers, and while NFTs have not been mentioned yet, its CEO and co-founder Lin Dai hinted at exploring incentives like issuing "digital badges." Michael Saylor: After my death, I will donate shares to a public charity supporting Bitcoin According to Bitcoin News, Michael Saylor, founder of Strategy (formerly MicroStrategy), stated that after his death, he would donate his shares to a public charity that supports Bitcoin. CZ initiates a vote on "Should BNB Chain attempt to eliminate or actively reduce the MEV issue?" Binance founder Zhao Changpeng (CZ) initiated a vote on X platform regarding "Should BNB Chain attempt to eliminate or actively reduce the MEV issue?" CZ later stated that he opposes any form of "front-running," which he believes falls under this category. While it may not be possible to completely prevent MEV in a decentralized environment, there are still ways to mitigate its impact. Number of Virtual Asset Service Providers (VASP) in South Korea drops to 31, down 11 from last year According to the Financial Information Analysis Institute (FIU) under the South Korean Financial Services Commission, the total number of virtual asset companies in South Korea is 31. Of the previously registered 42 companies, 11 have been removed from the list, including Gdac, Probit, and Huobi Korea. 150th Ethereum ACDC meeting: If the public testnet launches smoothly, Pectra's earliest activation time will be early April Christine Kim, Vice President of Research at Galaxy, summarized the 150th Ethereum Core Developer Consensus (ACDC) conference call. This week, developers agreed to leave a 30-day buffer between the last public testnet upgrade and the mainnet upgrade to allow network stakeholders sufficient time to update their software; if the public testnet launches smoothly, Pectra's earliest activation time on the Ethereum mainnet will be early April, with developers estimating April 8; additionally, Pectra Devnet 6 will launch on February 5. So far, the development network has been running smoothly without major issues. Vitalik: Frustrated by the crypto field's focus on PvP-style games rather than pursuing better products Ethereum co-founder Vitalik Buterin expressed his frustration that when crypto Twitter and venture capital firms consider "PvP-style gaming projects that cause most users to lose" as the best product form in the crypto space, pursuing better products is criticized as "patronizing and elitist." Although these comments sometimes make him feel like withdrawing, he finds inspiration from the world each time this happens, reminding himself that he is fighting for something valuable. OKX adds multiple USD trading pairs including GOAT, CITY The USD trading zone for spot trading on OKX will add the following USD trading pairs from 5:00 PM to 6:30 PM (UTC+8) on February 7, 2025: GOAT/USD, CITY/USD, XR/USD, JST/USD, SAFE/USD, GPT/USD, ZETA/USD, DUCK/USD, BANANA/USD, MEME/USD, WIN/USD, RADAR/USD, PIXEL/USD, VELODROME/USD, ACH/USD. "What important events occurred in the last 24 hours" Interview with Analog's business leader: AI, RWA, and memes provide three growth opportunities for cross-chain communication Recently, the cross-chain interoperability protocol Analog announced the completion of a $5 million expansion seed round financing backed by Foresight Ventures, Gate Ventures, and others, with a post-investment valuation of $300 million. In February 2024, Analog also secured $16 million in seed round financing. Its investment team is quite impressive, including Tribe Capital, NGC Ventures, Wintermute, GSR, NEAR, Orange DAO, Balaji Srinivasan, and others. The backing from numerous well-known investment institutions is attributed to Analog's team's extensive and diverse background in the crypto field, with founding team members having experience in key projects such as Polkadot, X Fund, Chainlink, and Y Combinator. In the highly competitive cross-chain communication space, Analog aims to address fragmentation, centralization, and security issues. Eric Wang, Analog's business leader, stated that Analog positions itself as a "one-stop shop" for cross-chain developers, dedicated to meeting all native cross-chain DApp development needs, allowing developers or users to seamlessly use different blockchains under a single and unified application. In 2025, Analog will actively explore innovations in AI data oracles, RWA interoperability, and cross-chain memes, aiming to become the most widely adopted "chain abstraction" product. Analog announced its mainnet launch last December and began its token public offering in January this year. What differentiated paths and key roadmaps does Analog have for 2025? What growth opportunities remain in the cross-chain communication space? Recently, Eric Wang shared insights in an interview with ChainCatcher. Overview of multiple developments in crypto spot ETFs: SEC review speeds up, SOL and LTC applications lead Recently, more and more institutions have joined the ranks of crypto ETF applications, with significant new developments in the spot ETF applications for SOL, LTC, and XRP. However, only Grayscale's Solana ETF and Litecoin Trust, along with Canary's Litecoin ETF, have been accepted by the SEC. MicroStrategy rebrands as "Strategy," Q4 Bitcoin holdings nearly double, aims to be Bitcoin's "smart leverage" On February 6, 2024, MicroStrategy held a conference call for its fourth-quarter financial report and announced a brand overhaul, officially rebranding as "Strategy," claiming to be "the world's first and largest Bitcoin asset management company." The Q4 report showed a net loss of $670.8 million, with operating expenses (including Bitcoin impairment losses) reaching $1.103 billion, a year-on-year increase of 693%. Strategy's Bitcoin holdings nearly doubled in just three months. Additionally, Strategy has established KPI metrics for annual "Bitcoin Gain" and "Bitcoin Dollar Gain," setting a target of $10 billion for annual "Bitcoin Dollar Gain" by 2025. During the meeting, the company's founder and CEO Michael Saylor revealed a new strategy to attract "a large number of investors." How is the U.S. building a cryptocurrency capital? a16z releases 11 articles explaining The U.S. is shifting its stance from opposition to blockchain and cryptocurrency to a more supportive position, providing clear guidance and rules to help builders follow these regulations. "Living Meme" PAIN: An experiment in crypto culture from pain to prosperity In just 48 hours, it amassed 186,000 SOL, making it one of the largest meme coin presales in history. Meme Popularity Rankings According to the meme token tracking and analysis platform GMGN , as of February 7, 19:50: In the past 24 hours, the top five popular Ethereum tokens are: SPX, XYO, ONDO, AYA, BITPLUS In the past 24 hours, the top five popular Solana tokens are: YODA, $MIA, ACAT, GIBA, CHLOE In the past 24 hours, the top five popular Base tokens are: VIRTUAL, AIXBT, BRETT, USD+, TOSHI
Comprehensive Guide: How to Stake $ANLOG, Ensure Network Security and Earn Rewards
Pledging $ANLOG will ensure network security and earn rewards, playing a key role in the Analog ecosystem: Dynamic APY: Early stakers can enjoy higher returns (for example, when 40% of tokens are staked, the APY is about 45%). How to Stake: Use Talisman, js, or SubWallet. Unstaking Period: 21 days. Reward Distribution: Starts on February 10 at 19:00 (UTC+8), and can be claimed every 12 hours thereafter. Welcome to Staking The core of Web3 lies in active user participation, and $ANLOG staking provides users with the opportunity to directly contribute to the Analog ecosystem. Through staking, early supporters can ensure the security of the Timechain network while earning rewards. This article will detail how $ANLOG staking works, its significance, and how to participate immediately. Importance of Staking In the Analog ecosystem, staking is not only a way to earn rewards but also a key to ensuring network security and decentralization. $ANLOG staking drives cross-chain communication infrastructure, helping to build a seamless, decentralized interconnected network. Staking is not just a reward mechanism; it is the core of the Analog blockchain consensus. Validators and nominators work together to promote a trustless, permissionless future, enabling free flow of data and barrier-free transactions. Key Details Nomination Pool: The Analog team has established a nomination pool to support staking and reward early users. The nomination pool is a type of staking pool in the Substrate ecosystem that allows users to pool their tokens to stake with multiple validators, managed by the pool operator, enabling users to participate in staking without needing a large amount of tokens. Staking Platform: Users can stake $ANLOG through the Talisman wallet and staking panel, with SubWallet and Fearless Wallet to be supported in the future. Additionally, the js extension is available for advanced users. Reward Mechanism: In the first 3 months, 2% will be drawn from the "Future Development Fund" of the Analog initial supply (Genesis Supply) as staking rewards, after which it will enter an 8% inflation model. For detailed information, please refer to the Analog economic model whitepaper. Annual Percentage Yield (APY): The APY operates on a dynamic mechanism, changing with the amount staked. The higher the staking ratio, the broader the reward distribution, and the lower the APY. Conversely, early participants can enjoy a higher APY; for example, when 40% of tokens are staked, the initial APY is about 45%. Unstaking Period & Fund Security: Staked funds must undergo a 21-day unstaking period before they can be withdrawn. Reward Distribution: Rewards can be claimed starting from February 10 at 19:00 (UTC+8), and can be claimed or reinvested every 12 hours thereafter. Analog aims to balance network participation with the long-term value of the $ANLOG token. In the early stages, high rewards will be provided for stakers of unlocked tokens, and in the future, a reward mechanism for locked tokens will be introduced. How to Stake $ANLOG We have created a complete guide to help users easily start staking. If you have any questions, feel free to join the Discord community for discussion. Conclusion Staking $ANLOG is not only an opportunity to earn rewards but also the foundation for building the Analog ecosystem. By participating in staking, users can optimize their own returns while contributing to the security and future development of Timechain. For more in-depth information on the staking mechanism, validator selection, nomination pool, and reward structure, please refer to the ++official Gitbook documentation++ .
Analog Raises $5M, Total Funding Hits $21M for Web3 Growth
Supported by top-tier venture capital firms, this latest raise comes as Analog gears up for its public token sale. It marks a pivotal moment for the company. Leading investors such as Tribe Capital, Balaji Srinivasan, Wintermute, and Mask Network participated in the funding round. Driving Innovation with $21M and Cross-Chain Expansion Originally incubated by Binance, this company also attracted support from notable names like Foresight Ventures, Near Foundation, Contango Digital, GSR, and several angel investors. The $21 million raised to date places Analog at a fully diluted valuation (FDV) of $300 million, underscoring investor confidence in its vision of seamless cross-chain interaction and web3 data accessibility. Analog plans to use this private funding to accelerate the development of its tech stack, including its General Message Passing (GMP) protocol . This innovation, alongside developer-friendly tools, provides the foundation for creating omnichain decentralized applications (dapps) that operate seamlessly across multiple blockchains. “Analog, a blockchain interoperability protocol, has raised $5 million in a new funding round at a fully diluted valuation of $300 million ahead of its token launch – Feb 6th” 🤝 We’re just getting started 🤫 https://t.co/Q2xB5YBiQU — Analog (@OneAnalog) January 28, 2025 With support for Ethereum Virtual Machine (EVM) and Polkadot chains already available via the Analog SDK, the company is expanding to integrate Solana and TON networks. These advancements will simplify the creation of cutting-edge applications, making it easier for developers to build powerful omnichain solutions. Pioneering Cross-Chain Solutions with Zenswap and GMP Analog’s cross-chain capabilities shine through projects like Zenswap , a decentralized exchange powered by its proprietary technology. Zenswap enables users to swap assets across blockchains using USDC-based liquidity routing, with networks like Solana, TON, and Bitcoin supported. Analog has also partnered with innovators such as Rarible , Pixelport, Belong Network, and more. Over 50 projects are now building on Analog’s protocol, while its testnet has drawn over 345,000 participating accounts—solid groundwork for its upcoming mainnet launch. Analog’s Proof-of-Time is revolutionary, but here’s our “Proof-of-American-ness”: ✅ Patents filed in the US 🇺🇸 ✅ Timechain born in San Francisco ✅ US Based founders @VictorYoungMe @sanchalr ✅ Head of BD from Stanford @ericwang1215 @coingecko , where $ANLOG ?😤 #MadeinUSA … pic.twitter.com/iKcqpWR7xE — Analog (@OneAnalog) January 21, 2025 The company aims to tackle some of web3’s biggest challenges, including fragmentation, inefficiencies, and limited cross-chain operability. Its GMP protocol allows developers to design interoperable dapps that enable omnichain trading, NFT minting, and liquidity aggregation—all with robust security and efficiency. Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Analog (ANLOG) to be listed on Bitget Launchpool — lock BTC and ETH to share 23,333,431 ANLOG!
Bitget Launchpool will be listing Analog (ANLOG) . Eligible users can lock BTC and ETH to share 23,333,431 ANLOG. Locking period: 10 February 2025, 11:00 – 15 February 2025, 11:00 (UTC) Lock Now Project details • Token name: Analog (ANLOG) • Total supply: 9,057,971,000 ANLOG • Launchpool allocation: 23,333,431 ANLOG • About the project: Analog, a suite of omni-chain interoperability protocols, simplifies access to Web3 data and removes barriers to cross-chain communication. Locking pool 1: Total ANLOG Campaign Pool 11,666,715 ANLOG Maximum BTC locking limit for VIP1-VIP7 1 BTC Maximum BTC locking limit for VIP0 0.3 BTC Minimum BTC locking limit 0.0001 BTC BTC pool airdrop per user = user's locked BTC ÷ total locked BTC of all eligible participants × corresponding pool. Locking pool 2: Total ANLOG Campaign Pool 11,666,716 ANLOG Maximum ETH locking limit for VIP1-VIP7 15 ETH Maximum ETH locking limit for VIP0 10 ETH Minimum ETH locking limit 0.002 ETH ETH pool airdrop per user = user's locked ETH ÷ total locked ETH of all eligible participants × corresponding pool. Notes: 1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume. 2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly. 3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM. 4. The APR of each locking pool is calculated separately. 5. Users can unlock their locked tokens from the locking pool at any time. 6. Locked assets will be automatically returned to the user's spot account after the locking period ends. Terms and conditions 1. Users must complete identity verification to participate in the promotion. 2. All participants must strictly comply with Bitget's terms and conditions. 3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion. 4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found. 5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion. 6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget Now >>> Follow us on Twitter >>> Join our Community >>>
[Initial Listing] Bitget Will List Analog (ANLOG). Come and grab a share of 28,909,212 ANLOG!
We are thrilled to announce that Analog (ANLOG) will be listed in the Innovation and WEB3 Zone. Check out the details below: Deposit Available: Opened Trading Available: 10 February 2025, 11:00 (UTC) Withdrawal Available: 11 February 2025, 12:00 (UTC) Pre Market End time: 22 January, 2025, 14:00 (UTC) Delivery Start time: 10 February 2025, 12:00 (UTC) Delivery End time: 10 February 2025, 16:00 (UTC) Spot Trading Link: ANLOG/USDT Activity 1: Launchpool — Lock BTC and ETH to share 23,333,431 ANLOG Locking period: 10 February 2025, 11:00 – 15 February 2025, 11:00 (UTC) Lock Now Total ANLOG Campaign Pool 23,333,431 ANLOG BTC Campaign Pool 11,666,715 ANLOG ETH Campaign Pool 11,666,716 ANLOG Activity 2: PoolX — Lock ANLOG to share 3,030,315 ANLOG Locking period: 10 February 2025, 11:00 – 20 February 2025, 11:00 (UTC) Lock Now Locking pool Total ANLOG Campaign Pool 3,030,315 ANLOG Maximum ANLOG locking limit 15,151,515 ANLOG Minimum ANLOG locking limit 150 ANLOG ANLOG pool airdrop per user = user's locked ANLOG ÷ total locked ANLOG of all eligible participants × corresponding pool. Activity 3: CandyBomb – Trade to share 2,545,466 ANLOG Promotion period: 10 February 2025, 11:00 –17 February 2025, 11:00 (UTC) CandyBomb Promotion details: Total ANLOG Campaign Pool 2,545,466 ANLOG Spot trading pool*new user only 1,878,796 ANLOG Futures trading pool*new futures user only 666,670 ANLOG How to participate: 1. Go to the CandyBomb page and use the Join button. 2. Bitget will start calculating your valid activity data upon successful join. 3. You will get candies based on your ANLOG spot trading and future trading volumes. Introduction Analog, a suite of omni-chain interoperability protocols, simplifies access to Web3 data and removes barriers to cross-chain communication. Website | X | Telegram | Explorer How to Buy ANLOG on Bitget Fee Schedule Price Market Data 7-Days Limited-time Buy Crypto Offer: Buy ANLOG with your credit/debit cards at 0% fee with 140+ Currencies, EUR, GBP, AUD, TWD, UZS, TRY, THB, BRL, PLN, IDR and CAD etc. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Blockchain interoperability protocol Analog completes $5 million in financing
Blockchain interoperability protocol Analog has completed a $5 million financing round, with participation from Gate Ventures, Foresight Ventures, Backerdao and Black Label Ventures.
Blockchain interoperability protocol Analog completes $5 million in financing
the blockchain interoperability protocol Analog has completed a $5 million financing round, with participation from Gate Ventures, Foresight Ventures, Backerdao, and Black Label Ventures.
Analog Secures $5M, Reaching $21M Total Investment Ahead of TGE Event
Analog, the pioneers of blockchain interoperability Proof of Time protocol, has announced the closing of a $5 million fundraising round backed by leading venture capital companies. As Analog is ready to start its public token sale, the raise was completed, bringing its total investment to $21M. Analog serves as a safe, one-stop hub for cross-chain and multi-chain interoperability. It makes it possible for developers to create and implement dapps that function flawlessly across all chains. Analog is well-positioned to simplify the multi-chain experience as a natively chain-agnostic protocol, enabling users and dapps to extend to new blockchain networks. Investor trust in Analog’s ambition to enable smooth cross-chain interaction and web3 data accessibility is shown by the total amount raised, which includes its seed and later fundraising rounds. Participating were prominent investors Tribe Capital, Balaji Srinivasan, Wintermute, and Mask Network. In addition to Foresight Ventures, Near Foundation, Contango Digital, Outliers Fund, GSR, NGC Ventures, and a number of angel investors, Analog’s first funding round was originally incubated by Binance. As Analog is ready to begin its Token Generation Event (TGE), it has a $300M FDV thanks to the $21M in capital it has so far collected. With the help of the private funding it has obtained, Analog is accelerating the development of its tech stack, which includes developer-centric tools and its General Message Passing (GMP) protocol. Building omnichain decentralized apps that function flawlessly across many blockchains is made possible by these innovations . For cross-chain applications, analog functions as a universal interoperability solution. This makes it possible for developers to create and implement robust dapps that work flawlessly across many chains. Soon, Solana and TON integration will be added to the Analog SDK’s support for EVM and Polkadot chains, making it easier to develop innovative omnichain applications. Zenswap, the decentralized exchange Analog developed with its proprietary technology, is evidence of its cross-chain capabilities. The DEX facilitates the swapping of assets across many blockchains, including TON, Solana, and Bitcoin, which are supported via USDC-based liquidity routing. Analog’s position as a major player in blockchain infrastructure has already been strengthened by its partnerships with cutting-edge initiatives including Rarible, Pixelport, Zenswap, Belong Network, XYO, Meson Network, Dmail, and StationX. More than 345,000 accounts have joined its testnet, establishing the foundation for its mainnet deployment, and more than 50 projects are now developing or committed to developing on its protocol. Web3’s main problems, including as fragmentation, inefficiency, and restricted cross-chain operability, are intended to be addressed by analog’s unique architecture. Developers may create interoperable dapps with features like omnichain DEX trading, NFT minting, and liquidity aggregation thanks to the GMP protocol. With its scalable, developer-friendly platform, Analog is well-positioned to spearhead the blockchain industry’s shift toward multi-chain and omnichain ecosystems. Its strategy guarantees strong security and efficiency, which are essential for integrating institutions, developers, and end users into the decentralized economy, in addition to improving interoperability.
Analog reaches $300 million valuation in $5 million round ahead of token launch
Analog, a blockchain interoperability protocol, has raised $5 million in a new funding round at a fully diluted valuation of $300 million ahead of its token launch. Investors in the round include Foresight Ventures, Gate Ventures, BackerDAO and Black Label Ventures, the venture division of film production company Black Label Media, Analog co-founder Victor Young told The Block. He added that there was no lead investor in the round. Frax Finance founder Sam Kazemian as well as the three co-founders of Black Label Media, Molly Smith and twin brothers Thad and Trent Luckinbill, also separately participated in the round as angel investors, Young said. Analog is the first crypto investment for Black Label Ventures, as well as for Smith and the Luckinbill brothers, according to Young. The Analog proof-of-time mechanism is "a paradigm shift," Thad Luckinbill said, noting it merges scalability with security. It's "a breakthrough that positions it at the vanguard of decentralization and distributed networks." Analog began raising money for the funding round last November and closed it earlier this month, Young said. It brings Analog’s total funding to $21 million. The project had previously raised $16 million at a valuation of $120 million last year, marking a 150% valuation increase in just a year. Analog launched its mainnet last month and is set to debut its token on Feb. 6, Young said. What is Analog? Analog is a blockchain interoperability protocol designed to connect different blockchains, enabling seamless sharing of information and assets across networks. According to Young, the protocol's closest competitors include LayerZero Labs , Axelar and Hyperlane . Young noted Analog’s edge lies in its comprehensive developer toolkit, which eliminates the need for external oracles or intermediaries, streamlining the development of cross-chain applications and enhancing security. Over 50 projects are either building or have committed to building on Analog’s protocol, including Rarible, Pixelport, Meson Network, Dmail and StationX, Analog said. The project is also developing its own decentralized exchange, Zenswap, which will support cross-chain token swaps across blockchains like TON, Solana and Bitcoin. Analog currently employs 55 people and is actively hiring for engineering and marketing roles, including a new “chief of vibes” position focused on internal and external communications, social media, collaborations and community-building efforts, Young said.
Analog and StationX partner to revolutionise cross-chain investments
In a significant move to address fragmentation in the blockchain ecosystem, Analog (CRYPTO:ANLOG) and StationX have announced a partnership aimed at enhancing cross-chain investment opportunities. The collaboration seeks to tackle the challenges posed by isolated blockchains, which hinder investors' ability to manage assets and capitalise on opportunities across different networks. Currently, investors and investment syndicates face obstacles in accessing liquidity and opportunities due to the siloed nature of various blockchains. By integrating Analog's cross-chain technology with StationX's innovative platform, the partnership aims to transform how investment syndicates operate within the Web3 space. StationX is positioned as a decentralised alternative to traditional venture capital, and with Analog's automation tools, it will streamline complex investment processes. This integration allows syndicates to handle fund distribution and trigger-based actions seamlessly across multiple blockchains. Additionally, with the help of Analog Watch, syndicates will gain real-time insights into their investments, enabling more informed decision-making. The partnership also plans to introduce features such as multi-chain event data queries, allowing investors to analyse real-time data from various blockchains. This capability will enhance syndicates' ability to verify identities and manage memberships across different networks, facilitating smoother participation. Both Analog and StationX share a vision of breaking down barriers between blockchains, providing syndicates with new opportunities for capital raising and asset management. As they work towards a more interconnected and efficient decentralised finance (DeFi) landscape, this partnership marks a pivotal step in the evolution of Web3 investments.
Analog Launches $ANLOG LBP on Fjord Foundry
Analog has started the launch process of the $ANLOG token on Fjord Foundry, which uses LBP technology for fair token pricing. The event begins on January 21, 2025, at 6:00 AM CET and ends on January 23, at 5:59 AM CET. Fjord Foundry’s structure lets contributors establish $ANLOG token prices. This system creates complete visibility and allows all users to buy the token fairly and equally. Why use an LBP for $ANLOG? Analog’s decision to use an LBP reflects its commitment to creating an open and equitable ecosystem. Unlike traditional token sales, LBPs focus on community-oriented distribution. They reduce the rush of early buyers driving prices too high and let the community decide the token’s value based on demand. $ANLOG creates a balanced system for investors through this launch method. Here’s the exciting part—the LBP will fully unlock all purchased tokens at the Token Generation Event (TGE). That means you’ll have immediate access to use your tokens within Analog’s ecosystem. 📣 Big news Timekeepers! 📣 The Public Sale of $ANLOG is launching tomorrow on Fjord Foundry through a Liquidity Bootstrapping Pool. Key details at a glance: 🗓️ Start Date: January 21, 5:00 AM UTC ⏳ End Date: January 23, 16:59 PM UTC 🔓 Unlock Details: Full unlock at TGE… pic.twitter.com/JX6sme6V82 — Analog (@OneAnalog) January 20, 2025 Analog chose to work with Fjord Foundry because they excelled at launching LBPs that delivered results. The success of projects on Fjord explains why investors trust this platform for its fair and open token sale methods. $ANLOG price responds to user demand through the platform’s adaptable pricing system. What Is $ANLOG All About? ANLOG is the foundation of Analog’s Timechain blockchain. ANLOG technology links different blockchains together to build Analog’s single-layer 0 framework. Users who enter the LBP earn $ANLOG tokens and become active contributors by investing funds and providing technical support for ecosystem development. $ANLOGPS LBP Sale is Live on Fjord. Are you bridging gaps between 100s of chains or choosing a system where they just work? 🔗 https://t.co/oe7FE8YcSn pic.twitter.com/5pt4LrxqYu — Fjord Foundry (@FjordFoundry) January 21, 2025 Conclusion You can purchase ANLOG tokens through this launch and actively shape Web3 interoperability. The combination of low prices and immediately usable tokens will interest anyone in this launch project. Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Bitget pre-market trading: Analog (ANLOG) is set to launch soon
We're thrilled to announce that Bitget will launch Analog (ANLOG) in pre-market trading. Users can trade ANLOG in advance, before it becomes available for spot trading. Details are as follows: Start time: 21 January, 2025, 08:00 (UTC) End time: 22 January, 2025, 14:00 (UTC) Spot Trading time: 10 February 2025, 11:00 (UTC) Delivery Start time: 10 February 2025, 12:00 (UTC) Delivery End time: 10 February 2025, 16:00 (UTC) Pre-market trading link: ANLOG/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient spot balances will be filled with corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be triggered immediately. At the project's delivery end time, the system will either deliver or compensate any remaining undelivered orders. USDT settlement For orders under the USDT Settlement mode, all delivery will be executed at the delivery end time of the project. The delivery time for the pre-market project will be announced once the coin's spot listing time is confirmed. Stay tuned to relevant notifications and announcements for the latest information. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last ten minutes. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last ten minutes as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction Analog, a suite of omni-chain interoperability protocols, simplifies access to Web3 data and removes barriers to cross-chain communication. ANLOG Total supply: 9,057,971,000 Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? Coin Settlement orders: Sellers can choose to either deliver the tokens or compensate with security deposit before the delivery execution. Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient coin balances will be filled with the corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be trigger immediately.At the delivery end time of the project, the system will settle all remaining orders, either through buy delivery or compensation. If there is a sufficient balance, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account as payment. Otherwise, the transaction will be canceled. In this case, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen security deposit. USDT Settlement orders: All deliveries will be executed at the project's delivery end time. Orders are settled at the average index price over the last ten minutes, which serves as the delivery execution price. Profits and losses are calculated based on the difference between the execution price and the delivery execution price. The losing party will pay the difference to the winning party. Note: 1) The system will execute deliveries in chronological order based on the transaction time of the orders. If you have both buy and sell orders in Coin Settlement mode, the quantities cannot offset each other. Please ensure that your spot account has a sufficient available balance for the sell orders at the time of delivery. Orders with insufficient balance will be treated as the seller's default. 2) For coin settlement orders, only tokens available in your spot account will be used for delivery. Tokens frozen in pending orders or held in other accounts will not be used for delivery. 3) The delivery is expected to be completed within one hour. To mitigate the risk of delivery failure due to insufficient funds, the seller of coin settlement orders should refrain from any transactions involving the delivery currency within 30 minutes after the delivery initiation. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Analog, the full-chain interoperability protocol, launches the ANLOG token claim portal
According to Foresight News, the full-chain interoperability protocol Analog has launched the ANLOG token claim portal. The top 91.7% of participants will receive rewards calculated based on the square root; PoH users can receive additional rewards, with a minimum reward of 205 tokens; 5% of the token supply will be allocated to the community, and validator rewards will be issued in the future. Officials said that any unclaimed rewards will be sent to the Analog ecosystem fund after 6 months. In addition, its task rewards and ATP points accumulation were suspended on January 15. As of January 18, the first batch of eligible addresses have been whitelisted based on all accounts connected to Substrate addresses, and the second batch of addresses will be added to the whitelist on January 21.
Analog Launches $ANLOG Token Sale via Fjord Foundry’s LBP on January 21, 2025
Analog has announced the launch of its $ANLOG token via a Liquidity Bootstrapping Pool (LBP) on Fjord Foundry, providing fair access to the interoperability asset. Beginning at 6:00 AM CET on January 21, 2025, and ending at 5:59 AM on January 23, the LBP will provide participants the opportunity to purchase $ANLOG at a price decided by community-driven discovery. At the Analog Token Generation Event (TGE), all tokens purchased during the sale will be completely unlocked, providing contributors with instant access. Fjord Foundry was selected by the Analog team due to its distinctive LBP infrastructure, which guarantees equal access and fair prices. By distributing $ANLOG in a transparent manner, this mechanism allows community members to obtain the utility token before utilizing it to interact directly with Analog’s Layer-0 network. The $ANLOG token sale guarantees complete price transparency by using Fjord’s LBP mechanism. Demand for the token is determined by contributors, who take into account the state of the market at the time as well as their assessment of Analog’s interoperable infrastructure. Analog’s choice to use an LBP for $ANLOG is consistent with its mission to create a fair and open ecosystem where developers and end users can take advantage of a completely interoperable protocol. Because of their guaranteed allocation and community-focused distribution process, LBPs have gained popularity as a token sale mechanism. Fjord Foundry has a remarkable history of hosting LBPs for projects that go on to achieve notable success. The $ANLOG token facilitates smooth cross-chain data and transaction flow because it is deeply integrated into Analog’s flagship Timechain solution. As a growing number of developers and validators support Analog’s progress, the Fjord LBP provides another way for people to get involved with Analog’s vision for a scalable, interconnected web3. Fjord’s LBP gives participants the ability to dynamically determine a token’s value through its fair pricing mechanism. As the price of $ANLOG is determined by the total number of contributors, it offers a special opportunity to help Analog create a decentralized and interoperable ecosystem. Analog serves as a safe, one-stop center for cross-chain and multi-chain interoperability. It makes it possible for developers to create and implement dapps that function flawlessly across all chains. Analog is well-positioned to simplify the multi-chain experience as a natively chain-agnostic protocol, enabling users and dapps to extend to new blockchain networks. A community-focused platform, Fjord specializes in matching creative projects with active supporters. It provides a range of token sale options, such as Liquidity Bootstrapping Pools (LBPs), and is based on the principles of equity and openness. Fjord’s objective is to democratize access to early-stage possibilities for the community of supporters, while also enabling projects to bootstrap liquidity in a smooth and clear way. How To Participate On January 21, 2025, the LPB will go live on Fjord Foundry if you want to participate. To participate, click the following link. Visit https://app.fjordfoundry.com/token-sales/0x34039FfB458BE16AE55015AC7bC730B2d253388a to find out more.
Analog announces it will carry out a 1:100 split of the ANLOG token
The cross-chain interoperability protocol Analog announced that it will implement a token split, increasing the total supply from 90,579,710 to 9,057,971,000 $ANLOG tokens. The official statement said that this adjustment will not affect the value distribution of existing token holders and aims to support the sustainable development and expansion of the ecosystem. It stated that by increasing the token supply, Analog can achieve low-cost cross-chain transaction fees which are more in line with user needs. Previous news reported that the cross-chain interoperability protocol Analog completed a financing round of 16 million US dollars led by Tribe Capital.
Analog launches mainnet to boost blockchain interoperability
Analog has officially launched its Proof-of-Authority mainnet, advancing blockchain interoperability. The network introduces key features like Nominated Proof of Stake (NPoS) consensus, cross-chain messaging, and advanced data queries. These updates are set to be rolled out during the token generation event (TGE), though the date has not been announced. The launch follows a successful three-phase testnet, which saw over 345,000 accounts and the creation of 1.9 million cross-chain datasets. This testing allowed developers to refine the platform and prepare it for real-world applications. Analog aims to be the primary solution for multi-chain blockchain interoperability, providing tools to build advanced cross-chain decentralised applications (dApps). The platform's potential extends beyond blockchain use cases and could impact sectors like finance, healthcare, and supply chains. In finance, Analog’s integration with Frax Finance provides real-time oracle data for decentralised stablecoin systems. In healthcare, Analog can improve patient data management by addressing challenges with data silos and ensuring interoperability. For supply chains, the platform enables real-time tracking of goods across decentralised networks, promoting transparency and reducing inefficiencies. Before its mainnet launch, Analog secured notable partnerships, including one with XYO, a geo-location technology leader, to improve DePIN data access. The platform also integrated with Vemo Network to tokenise locked assets into tradable NFTs. Additionally, StationX uses Analog’s automation tools to streamline DAO operations, improving governance efficiency. The launch also emphasises user authenticity through Proof of Humanity verification, with over 42,000 users completing the process. As of 2024, blockchain interoperability has seen significant developments, with platforms like Aptos and Internet Computer making strides in cross-chain functionalities.
The full-chain interoperability protocol Analog mainnet is launched, initially using the PoA consensus mechanism
On December 24th, Analog, a full-chain interoperability protocol, announced the launch of its mainnet. The mainnet will initially use the PoA (Proof of Authority) consensus mechanism and will later introduce core features such as NPoS (Nomination Proof of Stake) consensus, cross-chain message passing, and data querying through runtime upgrades. It is expected to be completed before the Token Generation Event (TGE).
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