Analog

Analog is one of the younger blockchain-based crypto networks out there, and it promises an excellent set of new features. Analog has a radical plan that fits perfectly in the impending Web 3.0 evolution — to build an omnichain network that will provide the building blocks of decentralized time-based apps. This network will enable event data to be utilized when and where it is needed in a secure manner across chains and dApps, without being hindered by the scalability issues that impede Layer-1 blockchains. Analog’s offering is a vital one. Aside from its game-changing event data-fueled ecosystem, the project’s approach towards efficient omnichain interoperability will play a defining role in the Web 3.0 future.
Analog incentivizes its network with the native $ANLOG token, which is used for event data transactions and to reward validators (time nodes) for their positive actions on the networks. By purchasing and holding tokens, the Analog community also owns a piece of the project.
Web3 platform Analog has secured $16 million in funding to advance its cross-chain communication tools for developers. 

Backing the round are a number of crypto projects and Web3 funds, including Near, Wintermute, Orange DAO, Benqi Finance and Quantstamp. Other participants in the funding include venture capital firms Tribe Capital, Alumni Ventures and NGC Ventures.