Badchain, Memechain L2 on Solana, Raises $1M

February 27, 2025

Badchain, a layer-2 network built on Solana, has raised $1 million in a FlashRaise, securing backing from investors including OrangeDAO, Blue7, Tupix Capital, Cogitent Ventures, and Token Metrics. The project, incubated by Bandit Network, takes an unconventional approach to blockchain infrastructure by incorporating randomness and community-driven engagement into transactions.

Unlike traditional networks that prioritize security and efficiency, Badchain introduces unpredictable elements into its mechanics. A portion of each gas fee is allocated to validators, while the remainder funds a prize pool. Transactions automatically enter users into a network-wide raffle, with the possibility that tokens are redirected to another wallet, a mechanism referred to as "Bad Behaviour." The platform also features tooBAD, its native token, alongside badSOL, a Solana-based liquid staking asset designed to amplify rewards.

Badchain’s development roadmap includes multiple test phases before a full launch. An alphanet rollout will provide early access, followed by a betanet release and a period of incentivized testing. The final stage, a mainnet beta, will refine its transaction model and staking mechanisms. The project presents an alternative take on blockchain engagement, focusing on transactional unpredictability rather than conventional financial utility.

About Badchain

Badchain is a layer-2 network on Solana that integrates randomized transaction mechanics and staking incentives. The network’s design includes features such as transaction reroutes and prize-driven transfers. Incubated by Bandit Network, the project is backed by multiple venture capital firms.

Website: https://badchain.org/

X: @bad_chain

About Investors

OrangeDAO

OrangeDAO is a venture capital collective founded by Y Combinator alumni, focusing on investments in Web3 startups. The group supports early-stage blockchain projects that emphasize decentralization, community engagement, and use cases within the crypto ecosystem.

Location: San Francisco, California

Website: https://www.orangedao.xyz/

Blue7

Blue7 is a blockchain-focused investment firm that provides funding to projects developing decentralized applications, infrastructure, and financial services. The firm seeks to back ventures that explore new approaches to blockchain technology and digital asset utilization.

Location: Singapore, Singapore

Website: https://blue7.io/

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.