Rich in Capital, Poor in Revenue
Rich in Capital, Poor in Revenue Ten infrastructure projects raised $6.89B between them. Yesterday, all ten combined earned $1,119. • EOS - $0 • Flow - $4 • ZKsync - $270 • 0G - $3 • Tezos - $29 • Somnia - $400 • Celestia - $58 • Polkadot - $0 • Berachain - $30 • Walrus - $325 EOS is the extreme case: $4.2B for exactly zero revenue on the day. Polkadot also earned nothing. Flow turned $746M into $4. The revenue that does exist is concentrated in the smallest raises. Somnia, Walrus and ZKsync account for 89% of the day's total, and Somnia alone out-earned EOS, Flow and ZKsync combined, three…
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