Three noteworthy public offering projects are coming soon:

Octra is engaged in fully homomorphic encryption privacy computing L1, and opened a public offering of $20 million on December 18, with a valuation of 200 million. There is another player on the privacy track.

Fogo has a lot of origins - co-founder Robert Sagurton has worked at Jump Crypto before. What they do is an ultra-high-performance L1 with SVM architecture, with a block time of less than 40 milliseconds and a confirmation speed of less than 1 second. Obviously, it is aimed at the high-frequency trading scenario of institutions, and this configuration looks very violent.

There is also a GensynAI in preparation, and the specific details have not yet been fully released.

This wave of infrastructure projects has its own merits, and it depends on whether the ecology can keep up with it.