Celebrating 1 year on mainnet

A Milestone for the bitsCrunch Ecosystem

Today marks a significant milestone for us as we celebrate our first year on mainnet. Over the past year, we have made tremendous strides in building a robust and dynamic ecosystem. This journey has been possible thanks to the dedication and collaboration of our contributors, partners and community.

As we reflect on this milestone, we take pride in the progress we've made and look forward to the future with excitement for what’s yet to come. Here's a look at some key achievements and upcoming initiatives that continue to drive our mission forward:

Key Highlights:

1. Network Stats
2. Token Stats
3. Chains Indexed
4. UnleashNFTs
5. $5 Million Grants Program
6. A Special Thank You

1. Network Stats: An Overview of Growth and Engagement

Since our mainnet launch, the bitsCrunch network has seen impressive growth and engagement, reflecting the strength and reliability of our platform:

• Network Usage: Over 13.38 million queries have been successfully processed, demonstrating the scalability and dependability of our infrastructure.
• Operator Rewards: Our operators have earned 2.73M BCUT, a testament to the strong incentive structure in place for contributors who are key to maintaining the network’s health.
• Contributor Activity: We are proud to have 722 active contributors who have made over 380,000 contributions to the ecosystem. Their efforts have been rewarded with 2.13M BCUT, further fortifying our community and ecosystem.
• Delegator Participation: With 953 delegators, the platform offers an average effective APY of 39.91%, with a competitive overall APY of 46.92%. A total of 15.78M BCUT has been earned by delegators, proving that our community is deeply invested in the long term success of the project.

These figures highlight not only our technical and operational reliability but also the strong community support that forms the backbone of our growth.

2. Token Stats: A Growing Ecosystem

• Token Holders: bitsCrunch now has 7,398 unique token holders, with 5,635 on Polygon and 1,763 on Ethereum, reflecting our growing user base and the trust that the community places in the ecosystem.
• Tokens Staked: Currently, 22% of the circulating supply is staked, reinforcing the community’s confidence in the project and its future potential.

Check out the - Full Network Status

3. Expanding Blockchain Coverage: 7 Chains Indexed

We are proud to announce that we have now indexed seven chains, including Ethereum (ETH), Solana (SOL), Bitcoin (BTC), Binance Smart Chain (BNB), Polygon (MATIC), Avalanche (AVAX), and Linea (LINEA). This expansion ensures that we continue to offer comprehensive and actionable blockchain data, empowering our partners and community to make well-informed decisions across a variety of chains.

We are committed to expanding further to meet the evolving needs of the Web3 space.

4. UnleashNFTs: Empowering the NFT Space

The launch of UnleashNFTs 2.0 has been a game changer for the NFT ecosystem. With over 2.3 million collections analyzed, UnleashNFTs continues to provide deep insights into NFT trends, uncovering hidden gems and enhancing transparency. Our platform has unlocked new possibilities for understanding the market, helping users make more informed decisions about their NFT investments.

Here is UnleashNFTs

5. Ecosystem Grant Program: Supporting Innovation

To further accelerate the growth of the blockchain space, we have launched a $5 million grant program designed to support groundbreaking projects. This fund includes:

• $3 million in direct investments from top VCs
• $1.5 million in API credits
• $500K in stablecoin grants

The program is open to projects at all stages of development, from beta to MVP. With up to $650K available through Tier 1 for MVPs and up to $250K through Tier 2 for early-stage projects, we aim to provide the resources necessary to help bring innovative ideas to life. Backed by leading partners such as Crypto.com Capital, Blockchain Founders Capital, and others, our grants are a catalyst for turning visions into reality.

Applications are now open: Grant Program Application

6. Looking Ahead: Onward to New Heights

As we enter our second year on mainnet, we are grateful to all those who have been part of this incredible journey, our token holders, community members and partners. Your support has been integral to our success and we look forward to building on this momentum as we navigate the upcoming bull market.

We remain focused on exceeding the milestones outlined in our roadmap, just as we have in previous quarters. Our team is committed to continuously innovating and setting new standards in blockchain analytics.

To stay updated and engage with our community

Conclusion: As we celebrate this first year milestone, we are reminded that this is only the beginning. We are committed to continuing our mission of delivering cutting edge blockchain analytics and supporting the Web3 ecosystem in meaningful ways. Thank you for being part of our journey. We look forward to the exciting possibilities that lie ahead!