In the blockchain industry, projects often claim to have secured substantial financing, but in reality, the investors are rarely known. However, the Web3 data infrastructure project Chainbase has broken this norm by not only clearly articulating its business direction but, more importantly, securing substantial financial support from a group of well-known investors in the industry.

The investment lineup of Chainbase is impressive. Tencent Investment Group, as a giant in China's technology sector, has been relatively cautious in its investments in the Web3 space in recent years, and Chainbase has become one of its few investment targets. Matrix Partners China, a well-established RMB fund focused on early-stage project incubation, is known for its keen insight. Folius Ventures, as an emerging force in the Web3 field, emphasizes the overall construction of ecosystems, seeking not only short-term returns but also valuing long-term collaboration.

Active investors in the Asian blockchain community, Hash Global, JSquare, and Bodl Ventures, are also involved, primarily focusing on Chainbase's potential in technology and practical applications. Notably, Mask Network is not only a Web3 functional plugin but has also begun to venture into investments, only investing in projects they truly understand.

The participation of these investors has brought the total financing of Chainbase to an astonishing $18 million. This figure is not just a simple number; it reflects the investors' confidence in Chainbase and the potential of the project itself.

The successful financing case of Chainbase demonstrates to us that in the Web3 field, truly capable and promising projects can still attract the attention and support of top investors. This not only reflects the value of the project itself but also confirms the development potential of the entire Web3 industry. As more projects like Chainbase emerge, we can expect the Web3 ecosystem to become richer and more mature.