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Cryptocurrency News Articles

Massive interest in new data infrastructure project signals renewed market enthusiasm

Apr 24, 2025 at 06:10 pm

April 24, 2025 — BNB Chain — SkyAI, a Web3 data infrastructure platform, has raised approximately $50 million in its presale conducted via Four.meme

As Web3 data infrastructure platform SkyAI has announced the completion of its presale, raising approximately $50 million from 112,306 unique addresses in 36 hours.

The presale, which began on April 17, was the first-ever presale on BNB Chain and was oversubscribed by 167 times, making it the largest presale not only in the history of BNB Chain but across all blockchain networks.

SkyAI aims to provide foundational infrastructure for LLM applications by extending the Model Context Protocol (MCP) to connect blockchain data. The protocol is compatible with existing MCP clients and introduces specialized clients for enhanced data functionality.

Currently aggregating over 10 billion rows of data from BNB Chain and Solana, SkyAI plans to integrate Ethereum and Base through MCP data servers. In addition, the project has introduced the concept of “data liquidity” and intends to launch an MCP marketplace, building toward a decentralized, on-chain data economy.

Of note, SkyAI has stated that 100% of its token supply will be allocated to supporters and participants, with zero token retention by the team, highlighting a community-first approach. The project invites all token holders to contribute to the development of the SkyAI MCP OS and its broader ecosystem.

During the presale period, SkyAI’s social media presence also saw a surge in interest, with its official X (formerly Twitter) account gaining over 10,000 new followers. Tweets by the project saw an average of 30,000 views, with a peak of 125,000 views, showcasing the strong public interest and engagement.

The successful launch also had implications for the hosting platform, Four.meme, which has emerged as one of the most prominent protocols on BNB Chain, at times surpassing Pump.fun in daily revenue. In response to the presale’s success, Four.meme has updated its token launch model to better support future projects.

With many now closely following upcoming launches on BNB Chain and the potential implications for the broader market, the project’s performance may be signaling a potential bull run for BSC—a development that market observers will be closely watching.

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