TEN Protocol is one of the few Layer 2 projects that I find worth looking into recently!
It's not just another empty Layer 2; TEN is about programmable privacy + AI native + encrypted smart contracts sharing state, the kind of crypto infrastructure that can run Agents! And they have actually made it happen!
The tech team previously worked on R3 Corda, which is related to banking infrastructure, and they really have something! Now they are working on TEE + EVM, with projects that are already running and are solid!
The data is also impressive:
※ 630,000 wallets
※ 11,000 contracts
※ 350,000+ community users
The most outrageous part is their recent fundraising:
※ VC is at a $100M valuation + lock-up
※ Community is at $80M + 100% TGE unlock
They are launching on Legion, directly pushing the VC to the back; this kind of structure is rarely seen. Most projects subsidize VCs with the community, but TEN has VCs providing funds to the community.
Honestly, the community can't get such trading opportunities anymore!
The wait’s over.
TEN’s Community Round is live on @NozomiNetwork's @legiondotcc.
This isn’t just another L2. It’s the final unlock for Ethereum.
And you can get a piece of it… first.
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