The collaboration to load Solana block history onto Filecoin is ready for public review and comment! Filecoin officials have addressed problems in data availability, indexing and demo RPC nodes.

First of all, Solana’s public chain has now loaded its block history onto Filecoin, and I think it’s important to single it out and talk about it. After the appearance of FVM, we’ve been talking about the fact that in the later stages of Filecoin, it’s not only going to support the growth of its own ecosystem, but also the building of other public chains, and I think Solana is a typical example of this. In fact, Solana in the market value ranking is relatively high, and it is a fairly large public chain, for its transaction data is large, its transaction speed is relatively fast, its TPS is the largest transaction data in all the public chains. So if it finally chooses to cooperate with Filecoin, I actually think this is a very good case, which can prove that with the FVM, the whole Filecoin has the ability to support other public chains, and this will be a bigger promotion for some innovative cross-chain cooperation.

The second is that it is possible that the current decentralized storage users are still some web3 applications, which may occupy a relatively small market share. However in the future, we see a huge driving force in the enterprises’ needs, and I think it may be a proof of the future long-term development needs.

The third point has actually been officially mentioned for a long time, perhaps we have not paid attention to, that is, storage and computing, in addition to the fact that we are now the leader in decentralized storage. The future planning of Filecoin is the hope that the computing can be combined with localization, that is, the combination of current storage and computing, so that the cloud service can be more complete. I think it’s a pretty big goal. At present, our official will announce a summary of some information in this July. Then another point that I think is very important is that the main net has now enabled the alpha subnet which is actually the IPC we mentioned before, and it has been in the main net already. And then the IPC network will go to further upgrading in this September. The consensus system of the main net, at present, we have a consensus of 30 seconds for the main network. Then is the consensus of the main network. At present, the block generation rate is 30 seconds which is controversial, since the speed is still very slow. But later with the IPC subnet support, in fact, the block generation rate can be realized to a second.

The milestones after this consensus are probably the upgrade to one-second block generation on one hand, and at the same time, the TPS can reach to 1000 on the other hand. If we can achieve that upgrade, then we can probably reach the TPS of 1,000, which is about 20 times that of Ethereum, because the TPS of Ethereum is about 30 to 50 per second right now. So in the future, if we make full use of time and realize the upgrade of the consensus system this year, then I think there will be a great leap in the performance of the whole chain in terms of the TPS.

The outlook of the whole network — entering the second phase of the Filecoin

The data is quite detailed, and I’ve summarized it here, just a few key figures. The first one is the growth of the storage market in Q2, especially the active transaction volume, which grew by 64% compared with that in Q1. And then comparing this third-party report in the Q1 report and the Q2 report that came out in July, we can see an obvious comparison of the figures. The second one is the storage utilization. It went from 4% in Q1 and then grew to 48% in Q2. And of course, it is possibly because of the reduction of storage capacity, which was actually down 12% compared with that in Q1, then led to the doubles increase of the utilization.

The third one is the volume of active storage transactions which increased 64% as I just said. And then is the fee income in Q2 was up 91% in terms of currency standard, or 67% denominated in US dollars. When I saw that number, I think it would definitely be a very good news if we were in a bull market and were able to publish this kind of data and then doubled our revenues. But unfortunately now is in the bear market, people are not too concerned about these data, or can not see these data. However, some of these growths I think are still quite important. Because in April we released the FVM, in fact, in Q2 it can be seen that a lot of growths have been achieved after the release of FVM on the entire network. In the future, there will be more projects in terms of the innovations of joint node liquidity pledge, perpetual storage and decentralized compute. In the meeting in Hong Kong, we saw many DeFi related projects. But this time in Paris we saw a lot of teams from Europe and the United States, and their projects are more close to compute, storage and applications. I believe that there will be more and more projects like these.

Another one is about the current storage. Now in Q2, there are about 1,750 users registered the dataset in Filecoin. Approximate number of users has exceeded 1,500. And there are more than 1,000 terabytes of data stored in these large datasets, which is about an increase of 60%. In Q1, there were 211 datasets that stored more than 1,000 terabytes of data, and then in Q2 it reached 338 datasets, so it is an increase of 60%. Of course, at present in the whole network there is a hotly debated issue, that is, whether the Fil Plus will be canceled or not in the future, and whether DC will cancel the ten times reward, and then return to the CC. I think it reveals that at present, there remains the problem of usability in the storage of real data and effective data. The reason why the Filecoin official come up with such a high reward, is to better to utilize these data in the future. The storage including its active transactions all have a lot of potential. At present, it is mentioned that China is now likely to upload data like photographs, videos and so on.

The era of smart contracts — management nodes is coming

This node managed by this smart contract actually has a lot of this advantage, that is, it is very efficient and effective. Now we have been online since May 31st, and then until now, our data at the end of July is that there are more than eight nodes in total, and we have completed the construction of a joint node of this node on our line. Then there have been more than 500,000 of this Fil, participating in this node. After reviewing this, I think the speed is still quite fast. In fact, our team and our current community. Because it is decentralized. That is, everyone can achieve such a phased result entirely through distributed collaboration, which is actually thanks to this smart contract.

The second is that there is no need to trust a third party. Immediately at the end of this month, our version will be open source, including auditing for third parties, and we will publish our audit report to everyone. For those participants who do not understand the code or the contract, I think it is better to see that there are third-party very professional auditing companies. Then go to evaluate the security report, so you can enter the smart contract more confidently, and then participate in this node. Another is the upgrade management of smart contracts. The upgrade management of smart contracts is also managed by the community. We also did a major upgrade in July. In the community, we also synchronized some upgraded functions. Later, after our governance system is improved, everyone can easily participate in some upgrade management and voting.

Comparison Summary — Comparison Fil Phase 1

Fil in this stage before the FVM, summed up is four keywords, more transparent, that is, all this node, we are now on-line already in the construction of the eight joint nodes, each node, from its initiation plan, and then to the pledge, and then to the encapsulation, in fact, everyone can see every step of the chain operation, that is, the whole process is completely transparent for everyone to see, the second is decentralization, that is, there is no single institution can go to unilaterally To control this contract. Including the role of SP, we already have about seven of the world’s top SPs, and then have passed some evaluation and audit of the community’s technical ambassadors, joined our SP alliance, to provide you with a node for the world. The deployment capability of joint node construction is actually due to decentralization, which can win the trust of so many SPs in the industry, and then can join our alliance to complete the construction with everyone. Then the third is more secure.

The last one, that is to say, this double-layer incentive, the ecology may still be in a relatively early stage. You may not be doing particularly well in the place of double-layer incentive, and the competition is not particularly fierce, but I think some of your products will be added later. The maturity of the product will superimpose these parts to discuss a mechanism construction of one of our double-layer incentives. We will also develop it into our next governance version, and then add the part of liquidity mining, which is to let everyone On the basis of a benefit from the normal joint node, we get some incentives from our platform for everyone. I think these are also due to smart contracts, so everyone has such a benefit.

As an innovative engine within the Bitcoin network, the BRC20 token standard is leading the future development of digital assets. Leveraging the BRC20 standard, the Bitcoin ecosystem can expand its applications and better meet the diverse needs of users. The issuance and trading of BRC20 tokens will become more convenient, injecting new vitality and opportunities into the Bitcoin network, propelling continuous innovation and reaching new heights in digital asset advancement.

BRC20 Tokens: Expanding the Utility and Value of Bitcoin

The emergence of the BRC20 token standard has endowed the Bitcoin network with increased utility and value. Through BRC20 tokens, users can issue tokens within the Bitcoin ecosystem, achieving diversification of digital assets. This not only offers project founders a more flexible means of fundraising but also presents investors with more opportunities for investment. The promising development prospects of BRC20 tokens will undoubtedly drive continuous innovation and growth within the Bitcoin ecosystem.

BRC20 Tokens: Accelerating the Integration of Bitcoin and DeFi

With the rise of Decentralized Finance (DeFi), the BRC20 token standard plays a crucial role in facilitating the integration of Bitcoin with DeFi. Through BRC20 tokens, Bitcoin can establish tighter connections with various DeFi applications and protocols, enabling more efficient and convenient asset circulation and transactions. This will accelerate Bitcoin's participation in the DeFi space, further enrich the digital asset ecosystem, and bring users more innovation and opportunities.

NUMEX Platform Officially Launched, Global Node Begins

On August 10, 2023, NUMEX officially announced its launch, marking a significant moment in the digital asset space. Built upon its robust global node network, the platform offers an enticing opportunity for crypto enthusiasts. On the same day, NUMEX initiated a global node, generating widespread market attention. As a node holder, you will enjoy special rights and rewards, joining NUMEX in ushering a new era in the realm of digital assets.

BRC20 Token Standard Leading Digital Asset Innovation

The BRC20 token standard is a crucial innovation in the digital asset domain, infusing fresh vitality into the Bitcoin network. Unlike traditional Bitcoin, the BRC20 token standard allows for the creation and management of tokens on the Bitcoin network, thus opening up more possibilities for applications. This standard streamlines the issuance, trading, and management of digital assets, providing users with a new experience and opportunities.

Exploring NUMEX: A New Frontier in BRC20

NUMEX is a novel digital asset platform designed to bring limitless opportunities and innovation to users. Its unique node incentive mechanism and global node network position it at the forefront of the digital asset ecosystem. Through NUMEX, users can participate in platform governance and decision-making, enjoy special node privileges, and collectively drive the development of the digital asset field. Explore NUMEX and embark on a new chapter in your journey through the world of digital assets!

Introduction

The Hackathon is a 4-week global online hackathon centered around building zero-knowledge applications. Our mission is to provide the best resources to early ZK adopters and find the world’s next game-changing ZK startups. Over the past month, we have invited mentors, including Jason Morton, Shumo, Leo Fan, Sun Yi, Jiaheng Zhang, and others, to assist developers in gaining a deep understanding of ZK and its related applications. For more details: ZK curriculum 

Upon finishing the ZK curriculum, developers will form teams and proceed with project development. Exceptional teams or projects will be able to win competition prizes, and ABCDE Capital will offer comprehensive ecosystem support, including marketing and fundraising.

In collaboration with sponsors such as zkSync, Taiko, GSR Market, Celestia, ODA Capital, OtterSec, and platform supporter BeWater, the ABCDE ZK Hackathon will offer a prize pool of USD 65,000 or more (with the prize pool amount continuously increasing) for developers. Winning teams will have the opportunity to receive investment from ABCDE Capital. Register now: https://build.bewater.xyz/en/campaigns/29 

Timeline

Why Participate?

Other Important Notes

Tracks

We want to allow participants maximum freedom in building something they want and can be proud of. So there will be no specific hackathon bounties, but only contest categories that cover most applications, aiming to encourage developers to unleash their genius creativity to the fullest during this hackathon. While we won't impose specific themes, we hope the creative ideas revolve around ZK. 

To facilitate categories, we have divided related project ideas into three tracks:

1.ZK Infra and Tooling:

In this track, we encourage you to freely create ZK Infra and Tooling to make ZK Technology more user-friendly and adaptable to various scenarios. Topics include but are limited to, novel ZK middleware design, ZK compilers, ZK-DSL, etc.

2. ZK Applications:

In this track, we encourage you to utilise existing ZK technologies/frameworks to implement innovative creations, such as privacy-preserving based on ZK, on-chain games based on ZK, etc.

3. Other ZK-related Topics:

Apart from the above two tracks, we encourage you to fully unleash your imagination and utilize ZK technology to create more fascinating and enjoyable projects. If your project is a Dapp based on zkVM or zkEVM, we hope you can deploy it on zkSync , Taiko, and other ABCDE ZK partners.

Rubrics

Regarding the evaluation criteria, we will consider several granular indicators, with the three most significant aspects: Innovation, Completeness, and Relevance.

Innovation

ABCDE ZK Hackathon provides an excellent platform to showcase your brilliance and imaginative ideas. Novel and intriguing creations always capture attention quickly.

Completeness

"A bird in the hand is worth two in the bush." Innovative ideas are best realised through practical implementation. We encourage you to complete as much as possible within the given time.

Relevance

While creativity knows no bounds, for this event, we hope your creations predominantly revolve around ZK technology.

The project submission channel is now open and buzzing with excitement! 

Registration Link 

https://build.bewater.xyz/en/campaigns/29 

About ABCDE Capital

ABCDE is a 400M Crypto fund focused on lead-investing in top Crypto Builders. It is co-founded by Du Jun, co-founder of Huobi, and BMAN, former Internet & crypto founder. The team includes entrepreneurs, CEOs of listed companies, and top researchers in the Crypto industry for 10 years. They have built multi-billion dollar companies in Crypto from the ground up, including HongKong listed companies with crypto licenses(01611.HK), exchanges(Huobi), SAAS companies(ChainUP.com), media(CoinTime.com), and developers platforms(BeWater.xyz).

https://twitter.com/ABCDELabs 

www.ABCDE.com (http://www.abcde.com/)

Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!  

Translator：Tom Rakis @ Builder of Permaweb

Reviewer：Viya @ Contributor of PermaDAO

Permaweb is the next-generation internet architecture proposed by the Arweave ecosystem. The key emphasis of Permaweb lies in granting applications and websites the attribute of perpetual accessibility, allowing the internet to possess memory and eliminate forgetting. Additionally, Permaweb features a serverless nature, relieving developers from deploying front-end and back-end components themselves; all developed services will be provided by the foundational service layer of Permaweb.

This article will provide a technical interpretation of Permaweb while incorporating SCP(Storage-based Consensus Paradigm) theory.

Framework

Permaweb follows a three-layer architecture. The top layer is the Application Layer, which is the user-facing interface. The middle layer is the Service Layer, providing backend services to the application. The bottom layer is the Storage Layer, utilizing Arweave to offer data storage services.

The architecture of Permaweb is not significantly different from Web2 architecture. The Application Layer corresponds to the frontend in traditional Web2, the Service Layer corresponds to the backend, and the Storage Layer corresponds to physical servers or databases.

The most significant distinction between Permaweb and Web2 is the use of decentralized storage. Once Permaweb applications integrate permanent storage like Arweave, tampering and erasing application content becomes very difficult, granting the application decentralized properties. Although Permaweb's architecture resembles Web2, its underlying technology and design philosophy fundamentally differ.

Permaweb's architecture is shown in the figure below (from Permaweb Cookbook: https://cookbook.arweave.asia/). The following sections will provide a detailed overview of Permaweb's three-layer architecture.

  Source: https://cookbook.arweave.asia/

Storage Layer

The storage layer is the core of Permaweb. Without blockchain technology in the storage layer, there would be no difference between Permaweb and Web2. The storage layer of Permaweb is not limited to Arweave. Theoretically, Bitcoin or Ethereum could also be used as a storage layer to create a Permaweb application, but developers and users may struggle with high storage costs. Arweave, with its professional permanent storage blockchain capabilities and costing only $5 for 1 GB, is the optimal choice for being the storage layer of Permaweb.

Can the storage layer use IPFS? If IPFS is used, Permaweb will lose the data traceability feature. IPFS's data CID ensures immutability, but IPFS does not use blockchain technology. IPFS data lacks block timestamps, making it impossible to discern the time of data creation. Additionally, data will be lost if IPFS service nodes are shut down, making data permanence and traceability unassured.

Service Layer

The service layer serves as a unified middleware providing APIs to applications, similar to a Web2 microservices cluster, being stateless and capable of horizontal scaling. Typically, Permaweb's service layer offers standardized interfaces and protocols (similar to Web2's gRPC or Thrift, the entirely open-source). These interfaces and protocols are fully open-source, and any service provider that deploys services can provide the same API based on the protocol standard. As long as an application is developed using the standard protocol, it can operate and be used on different service layers.

Currently, Arweave's service layer includes four core components:

Currently, the standard protocol includes only these four modules, but in the future, Permaweb's service layer could be further expanded with new standards.

Application Layer

Permaweb applications possess Serverless characteristics; developers don't need to deploy servers. As the service layer provides standard interfaces to the application layer, applications developed according to specifications can operate and be used on any service layer.

Interaction

Users only need to interact with the service layer without interacting with the underlying blockchain.

In summary, interaction-wise, Permaweb can provide an entirely consistent experience with Web2.

Resistance to Censorship

The standard protocol and interfaces provide applications with anti-censorship features. Below are URLs of a Permaweb application named "cookbook":

You can see that any of these URLs can access the "cookbook" application. This website is served by different gateways and servers globally. If arweave.asia becomes inaccessible, users can still use other URLs to continue using the application. Even if all gateways are closed, the cookbook's data is stored using Arweave, and this data won't be lost, allowing service providers to restore the "cookbook" application at any time.

Using Arweave's permanent storage as the storage layer ensures data decentralization for every Permaweb application. Adopting standardized, open-source protocols for the service layer, can prevent censorship risks caused by the closure of individual servers due to uncontrollable circumstances. Permaweb applications possess decentralized and censorship-resistant features.

Microservices Version of SCP

The architecture of Permaweb is similar to traditional Web2 architecture. Essentially, Permaweb is a set of microservices-based application architecture built on decentralized storage.

Microservices is a software architecture pattern used in Web2 development that breaks down a large and complex application into a series of smaller, more independent service units. Each microservice is an isolated functional module that can be developed, deployed, and operated independently. These microservices communicate with each other through well-defined APIs and can use lightweight communication protocols such as HTTP or message queues to achieve interoperability.

The overall architecture of Permaweb is very similar to microservices. Each Permaweb application is composed of standardized and independent service units. This same design philosophy equips Permaweb with the capability to build complex applications on a large scale.

What sets Permaweb apart from traditional microservices is its alignment with SCP, making it an SCP-based microservices architecture.

What is SCP (Storage-based Consensus Paradigm)? It's a consensus paradigm based on storage, where the core idea is that as long as the storage is immutable and transactions on it are traceable, the result of application computation will be unique anywhere, leading to consensus. A distinctive feature of SCP is that underlying data can be infinitely combinable. As long as there are standardized ways of assembling data, applications can aggregate unique states from any storage layer, even multiple storage layers together.

When developing applications using SCP, traditional application architectures require minimal adjustments. Only the database (storage layer) must be replaced with immutable and traceable blockchain storage.

Advantages

Applications developed using this decentralized microservices architecture can acquire equivalent features of blockchain technology. These features include decentralization, immutability, traceability, resistance to censorship, and more.

Similar to traditional microservices architecture, this framework offers the following development advantages:

This architecture inherits all the advantages of microservices while overcoming the Blockchain impossible trinity. Traditional blockchain applications had to sacrifice one feature among scalability, security, and decentralization to ensure the integrity of the other two. Under the SCP theory, due to the layered architectural design, consensus will be guaranteed by the storage layer and a universal protocol. Decentralization is no longer strongly related to the number of nodes but to the openness (open-source nature) of the protocol. When discussing Ethereum's decentralization, apart from considering the number of nodes, it's crucial to recognize that the Ethereum software itself is a standard protocol. Users and miners reach consensus using the same protocol, forming a high degree of decentralization. In the case of Ethereum, the majority of users and developers currently use services provided by infura.io. Although infura.io is a centralized service, users can deploy the Ethereum protocol at any time and independently access the network. Similarly, decentralized microservices can fulfill the mentioned characteristics. However, decentralized microservices aren't tied to a specific VM architecture (like EVM). Instead, they are more flexible and closer to the theoretical model of traditional architecture. They represent the next-generation decentralized internet architecture born from the fusion of microservices and SCP theory.

Practice: From Arweave, Beyond Arweave

Currently, Permaweb has only four services: gateway, data binding, sequence, and indexing. These services have formed a certain standard. So, what exactly is a Permaweb instance, and how is it built using these four standard services?

The "Now" Application

https://now.arweave.asia is a Permaweb application (referred to as "Now" in the following text) that serves as a platform for communication among developers within the Arweave ecosystem. The primary function of Now is to allow users to initiate blogs, and other users can like the content of these blogs.

All the data of Now is stored on Arweave, ensuring decentralization through immutable storage. When a user opens Now, the browser loads a frontend framework from Arweave's gateway service, as shown in the figure below. This page framework mainly includes the Header component of Now and doesn't contain the display data of the Now application.

After the browser loads the application framework, we can see that the content display section of Now will show Loading stamps . At this point, the Now application is initiating GraphQL requests to retrieve data for the application. After a few seconds of waiting, the retrieval process is completed, and the Now application will display the latest user comments and likes (Stampers), as shown in the image below:

On this page, the initialization of the framework, all user data, and all images presented on the page are obtained through the gateway. These elements are computed and assembled into the complete Now page within the browser. The gateway provides the capability to load static resources, while the indexing service provides the ability to load dynamic data.

When a user wants to add a new blog post, they can use their wallet to upload the content to Arweave. This content will be marked with specific tags to facilitate GraphQL query functionality provided by the indexing service. After the successful upload of the blog, upon refreshing the Now application, the new content will be displayed within the content presentation of the application.

The diagram above illustrates the fundamental process of writing to and reading from Permaweb. In practical applications, both writing to and reading from Permaweb will be carried out through the service layer.

Scaling

The greatest advantage of microservices is scalability, and this feature will be fully inherited by the Now application. We can access Now using any of the following gateways:

Similar gateways can be horizontally scaled without limit, giving the Now application nearly unlimited performance capability.

The Best Practices of SCP

In the architecture of Permaweb, Arweave is only used as the storage layer. However, decentralized microservices should not be limited to this. We should deeply draw from the advantages of Permaweb and microservices architecture to explore the best engineering practices of SCP.

The following image is from the article Evolution of the Blockchain Application Model along with Changing Consensus, describing the future architecture of blockchain applications - users no longer interact with the blockchain system itself, but with the service layer. The evolution of blockchain applications is shown from Figure 1 to Figure 3, and more content can be read at:

https://news.ever.vision/evolution-of-the-blockchain-application-model-along-with-changing-consensus-755e4ae407a7

From Figure 3, it can be seen that the blockchain relied upon by the application is not limited to Arweave, Bitcoin and Ethereum are also other blockchain objects. These blockchains serve as the consensus source for the application, providing decentralization and trusted assurance. Similarly, Permaweb and decentralized microservices can also be expanded, with the storage layer not limited to Arweave. Bitcoin and Ethereum can also be used as storage layers, where the storage layer can also be other types of blockchains. One possible best practice architecture is shown in the image below:

Describing from bottom to top:

Conclusion

When looking back at the evolution of computer software engineering over the past 30 years and considering the evolution of blockchain engineering over the past 10 years, it is necessary to reflect on whether a global virtual machine (such as EVM) combined with Layer2 scaling solutions is the ultimate solution for decentralized systems.

This article did not deeply explore the feasibility of Layer2 or sharding technologies, but instead provided another possibility for the way blockchain applications are approached. Using Arweave's Permaweb as an example, this article combined the Storage-based Consensus Paradigm (SCP) and the microservices architecture to reevaluate a feasible engineering solution. This solution not only has strong scalability but also empowers applications with decentralization features. More importantly, this solution is not a mere illusion but a practical architectural system that can be implemented.

Reference

  🔗 More about PermaDAO：Website | Twitter | Telegram | Discord | Medium | Youtube

Game Mechanics and Features

Sailwars promises a rich and immersive gaming experience. Players can expect a variety of engaging game modes, including simulation management, plundering, PvP battles, and strategic naval warfare.

The game utilizes innovative Non-Fungible Tokens (NFTs) technology, allowing for complete ownership and seamless trade of in-game assets. Players can possess and trade NFTs represented as ships, heroes, and weapons, thus adding tangible value to their gaming experience.

Furthermore, Sailwars will also leverage the power of Decentralized Autonomous Organizations (DAOs). This means players can participate in the game’s governance, making key decisions about the game’s future and course.

The game offers both free-to-play entry and play-to-earn mechanics, enabling players to earn cryptocurrency while enjoying the game. Sailwars represents the convergence of entertainment and financial opportunity that has become a hallmark of the emerging GameFi industry.

Airdrop Events

To celebrate the upcoming launch of Sailwars, dot.GAMING Studio is hosting one airdrop event. This event offers players an opportunity to earn $SWT, the native token of Sailwars.

Sailwars & dot.GAMING Studio Airdrop

The Sailwars and dot.GAMING Studio airdrop will run from August 16 to September 12, 2023, with participants standing a chance to win a share of 9,000,000 $SWT tokens by doing the following:

A snapshot will be taken on September 12, 2023, at 9 AM UTC time, with claims going live once the $SWT token is listed on DEX.

The reward amount will be proportional to the participant’s engagement and compliance with the guidelines.

Get ready to sail into the golden age of piracy with Sailwars and be part of the future of gaming with dot.GAMING Studio.

Official Links

Connect with Sailwars and dot.GAMING Studio through their official channels:

Sailwars website: https://sailwars.com

Sailwars Twitter: https://twitter.com/Sailwars

Sailwars Discord: https://discord.com/invite/sMetSZnRDk

dot.GAMING Studio website: https://dotgaming.io/

dot.GAMING Studio Twitter: https://twitter.com/Dotgamingstudio

dot.GAMING Studio Discord: https://discord.com/invite/DsJUA5VG

#web3game #NFT #Airdrop

Setting itself apart, OpenName leverages LayerZero technology, enabling seamless domain name transfers across multiple chains, and allowing users to manage their domain names on each individual chain effortlessly.

Notably, OpenName supports custom domain name suffixes, theoretically capable of accommodating an infinite number of suffixes. In its initial phase, OpenName already supports over 50 unique suffixes. Brands are offered the innovative opportunity to obtain custom domain name suffixes for free, establishing a distinctive brand identity and fostering stronger community cohesion and consensus. The team eagerly anticipates collaborating with various communities and projects, mutually empowering each other through custom domain names, and propelling the flourishing development of the entire Web3 industry.

The OpenName team states, "Decentralized domain names are the foundational infrastructure of the Web3 world, bearing significant importance in driving the entire industry forward. During this nascent phase of decentralized identity (DID) development, we aspire to offer a pioneering DID experience to more Web3 users, with a heightened focus on product innovation and user service. The team will continue to iterate on product versions, enhance user experiences, and ensure users receive streamlined services for registering, using, and managing Web3 domain names."

The launch of OpenName introduces an innovative approach to Web3 identity verification and decentralized domain name management. Even Web2 brands can venture into the Web3 world with their own custom suffixes on OpenName, enabling growth beyond their existing circles. We firmly believe that OpenName will infuse the DID domain with a new paradigm, co-creating a more open and liberated future.

Camila Russo is the founder of The Defiant and author of "The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum."

In short, I’m seeing people in crypto putting on a show. A facade. And after 10 years in the industry, first covering crypto for Bloomberg, writing The Infinite Machine, then founding The Defiant, it’s left me wondering if the magic is still here.

Through all the booms and busts I always stood adamant that the hype would ultimately fade and "real" use cases would prevail, like Argentines seeking financial freedom, which is what originally drew me in the space.

But it doesn’t seem like we’re further along on that front. In some ways, the theater has gotten more surreal.

Of course, much happened during the recent bull market beginning in 2020 and the resulting bearish turn that’s followed us into 2023 that has moved the space forward and should be celebrated.

Decentralized autonomous organizations (DAOs) helped organize individuals across the world towards working towards the same goal. Non-fungible tokens (NFTs) inspired a new wave of users to be excited about owning digital property. Ethereum transitioned to proof-of-stake, a massive undertaking that showcased the possibilities of decentralized development. Layer 2s started actually delivering on a more scalable blockchain infrastructure and real world assets (RWA) emerged as a potential bridge to non-speculative use cases.

But at the same time the failings of DeFi and Web3 have become more and more apparent, with different forms of theater emerging: decentralization theater, governance theater, community theater, all surrounded by a game of TVL musical chairs.

Immutable, really?

Developers are portraying so-called decentralized apps as immutable protocols, removing intermediaries and controlled fairly via pre-written rules embedded in smart contracts. They’re said to be unstoppable and censorship-resistant. That is the whole point of blockchains after all.

But, in reality, most DeFi projects can be controlled, censored and stopped by a bunch of dudes in a room. Whether it's via control of the project's admin keys or because a handful of people control all the validators or nodes. The vast majority of DeFi projects retain the ability to enter “God Mode” and unilaterally make changes to the protocol.

Decentralization theater matters because it reduces censorship-resistance, and also gives leverage to regulators or police enforcers to coerce developers into making changes, revealing information, or simply shutting the thing down. How can people trust that this can be a feasible infrastructure for the future of finance, how can institutions trust they can move trillions of dollars in the system, if it can be arbitrarily changed?

Also, when DAOs and Anon Founders are really a facade for centralized teams, it puts user funds at risk because individuals can be hacked or they can steal the project funds themselves.

Likewise, crypto’s governance systems are also theater. Another promise of Web3 was that users would be owners of the internet; of the applications they interact with and the financial services they use. They'd be able to have a say on how things are run, and on what decisions are made and this would be done through holding the protocols’ native tokens .

The truth is that most people are buying governance tokens because they treat them as a proxy to owning a stock in a protocol or Dapp. Data shows the vast majority of holders don't care about governance — very few actually participate in it — they care about making money. Projects often perpetuate this trend by treating governance tokens as part of their marketing and customer acquisition strategies.

This is to say nothing of the obscene concentration of governance tokens by founding teams and their investors. In a democracy, everyone has a voice and a vote. In DeFi, one token equals one vote which equals plutocracy. In a real sense, community votes are symbolic as nominally independent development teams and their financial backer VCs make all the decisions in DeFi.

While DeFi is indeed largely owned and operated by a few massive whales, the entire ecosystem subsists thanks to a relatively small number of degens who cycle through liquidity pools, looking for the best “APY.”

In the past year, DeFi’s total TVL moved between $40 billion and $60 billion, while monthly users never topped three million. It's the same money that’s being cycled between the same wallets.

Again, crypto is disconnected from real economic activity and almost all of the millions of dollars in funds that look very impressive on paper is used for speculation. And given the hurdles of getting involved in DeFi — from the UX to Ethereum’s transaction fees and that fact you’re competing against whales — it’s really only useful for technically savvy traders with high risk tolerance.

So why is this ecosystem putting on this show? Most people don’t have bad intentions. If you're in crypto, it's because you believe in a better future. You're an idealist. You want to change the world.

Why are founders putting on this show of airdrops, and governance forums and DAOs? In most cases, it’s not because the projects need any of this. It’s not because the project is actually decentralized enough. They’re doing this because they think it’s what regulators want to see.

To a large extent, protocol teams are responding to a hostile regulatory environment where the top agency involved hasn’t been clear about what is and isn’t in violation of U.S. laws. There are a million unknowns about something even as simple as an airdrop.

So DeFi’s founders and builders set up non-profit organizations, go pseudo-anonymous and try to pass off “valueless” tokens. But they’re not fooling anyone. Regulators know this is decentralized theater.

Regulators, especially in the U.S., have already started coming after crypto and DeFi. That includes supposedly community-run DAOs like Ooki and actually decentralized protocols like Tornado Cash.

Build useful

So what’s the answer? If you believe in what crypto is trying to achieve then keep after it. Chase the goal. Build the things that need to be built.

And it’s not illegal or immoral to make money along the way; early adopter degens pave the way for mass adoption, and speculation provides initial liquidity and allows projects to battle test. The game of TVL musical chairs among degens is actually fine and healthy at this early stage.

But let’s lift the curtain on decentralization theater, and cut the B.S. Starting out more centralized is often necessary, but save everyone’s time and be transparent about it. Don't pretend it's your "community" running things when it’s not. Don't portray your application or protocol as decentralized when it's not.

Decentralize only when you mean it, or just don’t.

A connection to the “real world” where DeFi can be used by everyday people and businesses to transact freely and more efficiently is coming. As I said before, there’s a lot to already be proud of in DeFi and crypto more broadly.

Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!  

Author: Azriel @ Contributor of PermaDAO

Reviewer: Xiaosong Hu @ Contributor of PermaDAO

Kwil has once again led the charge in transforming the blockchain landscape with the introduction of Kwil Extensions.

Kwil Extensions opens up a whole new world for decentralised databases by enabling developers to connect to any blockchain, implement advanced logic, and more. With the added potential of an extension marketplace in the future, we step into the new era of modular database software.

Let's take a closer look!

We're really excited about what people are already building with extensions. In particular, we have seen builders create extensions that enable data access control based on on-chain state, as well as accrue the value of data in their database back to on-chain assets. This is a fundamentally new method of value accrual in web3, enabling entirely new business models for dApps, DAOs, and protocols. We're beyond excited about what this unlocks for the space - Brennan Lamey, Kwil, Founder

Kwil Extensions

With extensions, you can:

Decoding Extensions

Kwil Extensions are stateless applications that function alongside a Kwil database. The genius of these extensions lies in their ability to inject custom functions straight into database queries. This allows developers to compose complex logic that SQL alone cannot achieve. They offer the convenience of automatically injecting data from external sources into your database, pushing data from your database to external targets such as smart contracts, and enabling intricate access control and verification mechanisms.

Being containerised applications, extensions can be authored in any language and subsequently imported into a Kwil database. While queries are executed on the database, the corresponding action logic also runs simultaneously.

An average of 100 lines of code is needed for an extension.

The Power of Extensions

The creative possibilities that extensions bring to the table are virtually boundless. They enable you to connect to any external data source and construct logic surrounding that data. This allows functionality such as such as Token Gating, Token Incentives, Access Control, and Stateless Functions.

           Example: Private companies call sell memberships to users to access their databases. The memberships come with an NFT that allows access to the private data.

           Example: A charity asks users to help make a complete database of nutritional data for all major food groups to benefit and promote healthier eating. In order to get people actively adding to the database, they incentivise them by distributing tokens in exchange for that data.

           Example: A Web2 company can instantly start using Kwil decentalised databases to store their data and simply require users to complete a text message verification via its internal centralised system.

           Example: Though users might submit data to a Kwil database in various formats, an Extension could automatically reformat the data so that it follows a similar structure to the existing data within the database.

Starting with Extensions

To deploy a custom extension, it must be embedded directly into a deployed Kwil network. This process requires running a local Kwil node with an extension server. Kwil also offers managed hosting for Kwil nodes equipped with an extension server for production purposes.

For creating extensions, Kwil offers Golang and TypeScript/JavaScript SDKs. Once an extension is deployment-ready, it can be plugged into the Extension Deployment Script to run on a local Kwil node.

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Users can purchase airline tickets on BeezTrip.com using stablecoins. From inquiries to payments and ticket issuance, everything can be done using a decentralized wallet without the requirement for an account or KYC. The pay-as-you-go product experience meets web3 ecology’s demands on dapps and also delivers a reliable scenario for digital assets consumption.

By actively engaging around global Web3.0 events, BeezTrip will keep striving to draw seed users and enhance brand trust by serving the stock market.

Following the beta version’s debut at the HK web3 festival in April, the team concentrated on route coverage expansions and upgrades of users’ experience optimization. BeezTrip is currently backing a variety of international first-class airlines, including Air Asia, Spring Airlines, regional economy airlines involving Jeju Air and Pegasus Airlines, as well as Delta, United, Qatar Airways, Korean Air, Cathay Pacific, All Nippon Airways, Singapore Airlines, Air China, and Hainan Airlines. BeezTrip released the fact that they have already supported 500000+ flights of more than 700 airlines in 140 different nations.

The following user experience enhancements have mostly been made to BeezTrip.com since the beta version was made accessible this April:

BeezTrip will reportedly be integrated with Binance Pay within a month and work to increase support for additional public chains and coins like TRON.

The team also intends to put forward Token and NFT pass, according to the information webpage.

An Inflection Point in the Web3 Industry

Web3 is a concept about the development of the global information network, mainly related to blockchain-based decentralization, cryptocurrencies, and non-homogeneous tokens. The goal of Web3 is to establish an open, transparent, secure and credible network environment, allowing users to independently control their own data, identity and assets without relying on centralized platforms or institutions.

The Web3 industry is now at an important inflection point, from a niche, closed, technology-driven field to a broad, open, demand-driven field. There are three main reasons for this shift:

• Both the number of users and the market value of the encryption industry are growing rapidly, indicating the popularity and recognition of the encryption industry. According to [DappRadar] data, as of October 2021, the number of users in the global encryption industry has exceeded 120 million, a year-on-year increase of 600%; the market value of the global encryption industry has exceeded 2.5 trillion US dollars, a year-on-year increase of 300%. These data show that more and more people are beginning to use and trust the services and products provided by the encryption industry, and the encryption industry has changed from a marginalized field to a mainstream field.

• The technological innovation and ecological construction of the encryption industry are constantly improving, which shows the vitality and potential of the encryption industry. In the past year, many new technologies and projects have emerged in the encryption industry, such as Layer 2 expansion solutions, cross-chain bridging protocols, metaverse platforms, NFT markets, etc. These technologies and projects not only improve the performance and functions of the encryption industry, but also enrich the application scenarios and user experience of the encryption industry. The encryption industry has changed from a single field to a diversified field.

• The social influence and policy environment of the encryption industry are gradually improving, indicating the value and legitimacy of the encryption industry. In the past year, the encryption industry has received the attention and support of many social and government agencies, such as UNESCO, the US Securities and Exchange Commission, and the People's Bank of China. These institutions and agencies not only recognized the contribution of the encryption industry to social development and economic growth, but also formulated some policies and regulations that are conducive to the development and regulation of the encryption industry. The encryption industry has changed from a hidden field to a legalized field.

On August 3, Hong Kong cryptocurrency exchanges HashKey and OSL announced on the same day that they had been approved by the Hong Kong Securities Regulatory Commission to upgrade their No. 1 and No. 7 licenses, expanding their business scope from professional investors to retail investors. The Web3 industry is now at an important inflection point, from a niche, closed, technology-driven field to a broad, open, demand-driven field. This shift presents historic opportunities and challenges for the Web3 industry.

Importance of RWAs

RWA (Real World Asset) refers to those assets with real world value, such as real estate, stocks, bonds, etc. RWA is an important part of DeFi (decentralized finance), and it is also the future direction of DeFi. The introduction of RWA can bring the following three benefits to DeFi:

• RWA can bring more liquidity, diversity and stability to DeFi. At present, DeFi mainly relies on cryptocurrencies as collateral and transaction medium, which leads to insufficient liquidity, insufficient diversity and low stability of DeFi. By connecting RWA with DeFi, real-world assets can be injected into DeFi, thereby increasing the capital scale, asset types and value anchoring of DeFi.

• RWA can provide more efficient, more convenient, and lower-cost financial services for real-world assets. Currently, real-world assets are subject to many restrictions and obstacles in the traditional financial system, such as high intermediary fees, cumbersome legal procedures, and strict regulatory requirements. By connecting RWA with DeFi, blockchain technology and smart contracts can be used to realize rapid financing, flexible mortgages, security guarantees, etc. of real-world assets.

• RWA can create more value and income for real-world assets. At present, real-world assets are subject to many constraints and solidification in the traditional financial system, such as inefficient market mechanisms, single income model, and lack of innovation motivation. By connecting RWA with DeFi, blockchain technology and smart contracts can be used to realize the digitization and uniqueness of real-world assets (such as NFT), or to realize the common governance and distribution of real-world assets (such as DAO).

RWA is an important part of DeFi and the first step towards financial digitization and digital finance. However, the introduction of RWA also faces legal, regulatory, trust, evaluation and other difficulties, and requires continuous exploration and innovation. At present, there are three main modes for the realization of RWA: legal mode, trust mode and token mode. These three modes have their own advantages and disadvantages, and need to be selected and combined according to different RWA types and scenarios. In addition, the development logic of RWA-Fi (the combination of RWA and DeFi) needs to follow the principles of standardization, decentralization, diversification and community. These principles can help RWA-Fi establish unified standards and specifications, achieve true decentralization, cover more RWA types and fields, and form an active community and ecology.

discovery of new value

The main function of Web3 is to discover value, encapsulate value, and circulate value, not just to run traditional value on the chain. Therefore, as the value network of the digital economy, the innovation of Web3 should mainly focus on value discovery. In the digital age, technological innovation will generate new value. In the current era of digital assets and economics based on AI technology, artificial intelligence technology is widely used and innovated in various fields and industries, and it will have a profound impact on the value discovery of digital assets. Influence.

On the one hand, the AI era will spawn more digital assets, including data, algorithms, models, platforms, etc. These digital assets will become an important resource for enterprises and individuals to create value and competitive advantage. For example, data is the core asset of the AI era, which can be used to train algorithms, generate models, and provide services; algorithms are the core capabilities of the AI era, which can be used to solve problems, optimize processes, and create products; It can be used to predict the future, analyze the current situation, improve the effect, etc.; the platform is the core carrier of the AI era, and it can be used to connect users, integrate resources, expand functions, etc.

On the other hand, the AI era will also improve the efficiency and accuracy of digital asset value discovery. By using AI technology for data analysis, market forecasting, risk assessment, etc., the potential value and demand of digital assets can be better revealed. For example, data analysis can help users understand their own behaviors, preferences, needs, etc., and provide personalized services and recommendations; market forecasting can help users grasp market dynamics, trends, opportunities, etc., and provide reasonable decisions and investments; risk Evaluation can help users identify the source, degree, impact, etc. of risks, and provide effective prevention and response.

The discovery, circulation, and operation of these new assets are the main tasks of Web3, and it is also the main solution to the current development dilemma of Web3 and the stagnation of the encryption market. Web3 needs to use blockchain technology and smart contracts to realize secure storage, free trade, and fair distribution of digital assets. Web3 also needs to use NFT technology to realize unique identification, verifiable proof, and traceability of digital assets. Web3 also needs to use DAO technology to realize the common governance of digital assets, collaborative innovation, incentive activation, etc.

Web3 needs to discover new value. In the digital age, technological innovation will generate new value. In the current era of digital assets and economics based on AI technology, artificial intelligence technology is widely used and innovated in various fields and industries. Value discovery has profound implications.

In conclusion

The inflection point of the Web3 industry, the importance of RWA-Fi (traditional asset on-chain) and the discovery of new value are all interrelated and influential, and together they constitute the development logic and value system of the Web3 industry:

The inflection point of the Web3 industry is driven by factors such as the rapid growth of the number of users and market value of the encryption industry, the continuous progress of technological innovation and ecological construction of the encryption industry, the social impact of the encryption industry, and the gradual improvement of the policy environment. These factors all indicate the popularity and recognition, vitality and potential, value and legitimacy of the encryption industry, thus providing a broad market space, a strong technical support, and a good social atmosphere for the Web3 industry.

The importance of RWA-Fi (on-chain of traditional assets) is determined by the development needs and direction of DeFi. DeFi is one of the core applications of the Web3 industry. It is a decentralized financial service based on blockchain technology and smart contracts. DeFi needs to introduce RWA to increase its liquidity, diversity and stability, and at the same time provide RWA with more efficient, more convenient, and lower-cost financial services. RWA is an important part of DeFi and the future direction of DeFi.

The discovery of new value is determined by the new value generated by technological innovation in the digital age. The digital age is a digital asset and economic period based on AI technology. Artificial intelligence technology is widely used and innovated in various fields and industries, and it will have a profound impact on the value discovery of digital assets. The AI era will generate more digital assets, such as data, algorithms, models, platforms, etc., and improve the efficiency and accuracy of value discovery of digital assets, by using AI technology for data analysis, market forecasting, risk assessment, etc. The discovery of new value is one of the main functions of the Web3 industry and one of the innovation drivers of the Web3 industry.

The Web3 industry is an open, transparent, secure and credible network environment based on blockchain technology and smart contracts. It realizes digital assets and the real world through the introduction of RWA-Fi (traditional asset on-chain) and the use of AI technology. The connection, circulation and creation of assets provide users with more choices, services and benefits.

FlerkenS is a decentralized personal AI application platform, based on the Web3 network that helps users achieve digital transformation, and provides users with borderless digital and intelligent services.

FlerkenS builds an AI market, an AI publisher, and an open and scalable general artificial intelligence (AGI) system. AI-DSL enables AI applications and services of different types and fields to collaborate and interact with each other, through personal vectors Database (Personal Vector Database) + Langchain Technology Solution (Langchain Technology Solution) + large-scale model technology implementation path, allowing users to obtain personalized AI services, and realize point-to-point with service providers under AI technology in a distributed network environment The connection to build a distributed AI intelligent business and a distributed AI economy.

The first application of FlerkenS: Smart career planning based on Web3+AI, which can provide personalized career development suggestions based on users' personal information, interests, abilities and goals, including career planning, training and career recommendations wait. It can also help users solve workplace problems and improve professional skills and confidence through dialogue and interaction.

Part 1: Satoshi Nakamoto’s Motivation and Philosophy

Satoshi Nakamoto is the founder of Bitcoin and the founder of blockchain technology. He published a paper called "Bitcoin: A Peer-to-Peer Electronic Cash System" on October 31, 2008, which kicked off the cryptocurrency. What is Satoshi Nakamoto's motivation and philosophy? Based on his paper and some other published remarks, we can conclude the following:

• Decentralization: Satoshi Nakamoto was dissatisfied with the existing financial system, believing that it relies too much on central authorities, such as banks and governments, to maintain trust and security. He hopes to create an electronic currency system that does not require any third-party intervention, allowing each participant to autonomously verify the validity and history of transactions. To this end, he designed a blockchain technology based on cryptography and workload proof, packaging transactions into blocks, and achieving transaction order and security through a consensus mechanism between network nodes. This way, there is no need to rely on any trusted intermediary, and there is no need to worry about transactions being tampered with or reversed.

• Privacy protection: Satoshi Nakamoto believes that existing electronic payment systems cannot guarantee the privacy of users because they need to collect users' personal information and transaction details. He designed a system using public-key cryptography that allows users to transact with anonymous digital identities (addresses) without revealing any real identity information. This way, users are protected from the risk of identity theft or data breaches.

• Anti-inflation: Satoshi Nakamoto worried that the existing monetary system would lead to inflation, because the government can issue more currency at will, reducing its value. He set the total number of bitcoins to be 21 million, and stipulated a gradually decreasing issuance speed, making bitcoins scarce and inflation-resistant. In this way, users are protected from currency devaluation or excessive issuance.

This is Satoshi Nakamoto's motivation and philosophy for encrypted digital currency, and it is also the technical principle and design goal he elaborated in the Bitcoin white paper. Through Bitcoin, he realized a decentralized, privacy-protecting, and inflation-resistant electronic cash system, bringing a brand-new value transmission method to human society. He also expressed his vision of fairness, freedom, and democracy for inclusive finance.

Part II: The development path from the birth of Bitcoin to the early days of Web3

The development path from the birth of Bitcoin to the basic construction of the Web3 technical framework can be roughly divided into the following stages:

• Birth of Bitcoin: On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper. On January 3, 2009, Satoshi Nakamoto dug out the first block, the Genesis block, marking the launch of the Bitcoin network. Bitcoin is the first application of blockchain technology and the forerunner of Web3.

• The creation of Ethereum: In November 2013, Vitalik Buterin released a paper titled "Ethereum White Paper: Next Generation Smart Contract and Decentralized Application Platform", proposing a Turing-based smart contract and The blockchain platform of the virtual machine, namely Ethereum. In July 2014, the Ethereum project was officially launched and the first token crowdfunding was carried out. On July 30, 2015, the Ethereum mainnet was officially launched. Ethereum is the second-generation representative of blockchain technology and the cornerstone of Web3.

• Rise of decentralized applications: On June 17, 2016, a smart contract project called DAO (Decentralized Autonomous Organization) was hacked, resulting in the theft of $50 million worth of ether. This caused splits and disputes in the Ethereum community, which eventually led to the creation of two forked chains, Ethereum and Ethereum Classic. The incident also exposed security and scalability issues with smart contracts and decentralized applications (DApps). Despite this, DApps are still emerging and innovating in the Web3 field, covering finance, games, social, media, art and other fields. As of December 31, 2022, there are more than 4,000 DApps on the Ethereum network.

• Cross-chain and multi-chain development: On August 1, 2017, a historic fork occurred in the Bitcoin network, resulting in Bitcoin Cash (BCH). This is because the Bitcoin community has disagreements on the expansion plan. Some people support increasing the transaction throughput by increasing the block size, while others support the expansion through Layer 2 solutions such as Segregated Witness and Lightning Network. This fork has also triggered the attention and exploration of cross-chain technology, that is, how to achieve interoperability and value transfer between different blockchains. At the same time, many new blockchain platforms have emerged, such as Polkadot, Cosmos, Solana, Cardano, etc., each of which has proposed different technical architectures and advantages, forming a multi-chain or heterogeneous Ecology of heterogeneous chain.

• The upsurge of the metaverse and NFT: 2021 is the year of the explosion of the metaverse (metaverse) and non-homogeneous tokens (NFT). Metaverse refers to a virtual shared space composed of digital worlds, which allows users to participate and interact in different forms, such as virtual reality, augmented reality, social media, games, etc. NFT refers to an irreplaceable digital asset based on the blockchain, which can represent any unique thing, such as artwork, music, video, domain name, collectibles, etc. The combination of Metaverse and NFT has brought new possibilities and opportunities to Web3, as well as new challenges and risks.

From the birth of Bitcoin to the overall development path of the basic construction of the Web3 technical framework, many iconic events have occurred, many encryption technology innovations have occurred, and some changes in the route of decentralization have occurred. Web3 is still in a relatively early stage. At this stage, there are still many technical and social challenges to be solved, such as scalability, security, privacy, sustainability, compliance, etc.

Part III: Future Development Trends and Challenges of Web3

Web3 refers to a decentralized Internet based on technologies such as blockchain, cryptocurrency, non-homogeneous tokens (NFT), and decentralized autonomous organizations (DAO). It aims to achieve an open, transparent, and fair network and democracy. We summarize the following Web3 development trends and challenges:

• Decentralized Metaverse: Metaverse refers to a virtual shared space composed of digital worlds, which allows users to participate and interact in different forms, such as virtual reality, augmented reality, social media, games, etc. At present, many large companies such as Facebook and Microsoft are laying out their own metaverse platforms, but Web3 supporters have their own ideas, and they do not want the metaverse to be controlled by Silicon Valley giants. They hope to use technologies such as blockchain and NFT to create a metaverse that truly belongs to users and creators, allowing them to freely create, trade and own digital assets. This trend will bring new possibilities and opportunities to Web3, as well as new challenges and risks, such as how to ensure the scalability, security, privacy, and sustainability of the Metaverse.

• Cross-chain and multi-chain collaboration: With the development of blockchain technology, many different blockchain platforms have emerged, such as Ethereum, Polkadot, Cosmos, Solana, Cardano, etc., each of which proposes a different technical architecture and advantages, forming a multi-chain or heterogeneous chain ecology. However, this also brings some challenges, such as how to achieve interoperability and value transfer between different blockchains. Therefore, cross-chain technology will become an important direction for the development of Web3, which can enable the sharing and circulation of data and assets between different blockchains. This trend will bring new collaboration and innovation to Web3, and it will also face issues such as new technologies and standards.

• Decentralized social media: Decentralization is one of the core concepts of Web3, which means that no centralized authority or organization can control or interfere with the operation of the network and the flow of data. This also applies to the field of social media. At present, most social media platforms are controlled by large companies such as Facebook and Twitter, which can collect users' personal information and behavioral data, and censor and intervene in the content posted by users. Web3 hopes to use blockchain and encryption technology to create a social media platform where users can autonomously control their own data and identity without interference from any third party. This trend will bring new ways of expression and communication to Web3, and will also face new issues such as content quality and community governance.

• Tokenization and Incentives: Tokenization refers to turning anything into a blockchain-based digital token, giving it value and tradability. Tokenization can be applied in various fields such as art, music, video, domain names, collectibles, etc. Tokenization can also be combined with an incentive mechanism to encourage users to participate in and contribute to the construction and operation of the network. For example, some Web3 applications will reward users for providing content, data or computing resources by issuing tokens. This trend will bring new value creation and distribution methods to Web3, and will also face new legal and regulatory issues.

Part IV: How far is the decentralized value network applied by the whole people from us?

The decentralized value network is a decentralized Internet based on technologies such as blockchain, cryptocurrency, non-homogeneous tokens (NFT), and decentralized autonomous organizations (DAO). Create, exchange and own value without the control or interference of any centralized institution or organization. This is the extension and expansion of Satoshi Nakamoto's motivation and concept of developing encrypted digital currency, and it is also the upgrade and evolution of the decentralized, privacy-protecting, and inflation-resistant electronic cash system he described in the Bitcoin white paper.

So how far is the universal application of the decentralized value network from us? There is no easy answer to this question, but we can explore it from the following aspects:

• Technical perfection: Although Web3 has made a lot of progress and innovation, it still faces some technical challenges and obstacles, such as scalability, security, interoperability, usability, etc. In order to allow more users to use Web3 applications conveniently, it is necessary to continuously optimize and improve blockchain technology, increase transaction speed and throughput, reduce transaction costs and complexity, enhance data protection and privacy protection, and realize cross-chain and multi-chain Collaboration and compatibility between chains. These technical issues require blockchain developers and communities to work together and collaborate to resolve them.

• Smart contract function: Smart contract is the core component of Web3 applications, which can implement various business logic and rules, such as financial services, games, art, social networking, etc. In order for Web3 applications to cover more economic activities and fields, it is necessary to continuously strengthen and enrich the functions of smart contracts, improve their flexibility and programmability, support more data types and algorithms, add more security measures and test tools. These smart contract functions require blockchain developers and the community to innovate and improve together.

• Legal supervision: Legal supervision is a factor that cannot be ignored in the development of Web3, which can affect the legality, compliance and sustainability of Web3 applications. Since Web3 involves various new types of digital assets and transaction methods, such as cryptocurrencies, NFT, DAO, etc., they may conflict or not match the existing legal framework. In order to allow Web3 applications to operate normally in different countries or regions, and to protect the rights and interests of users and investors, it is necessary to communicate and coordinate with relevant departments to formulate reasonable and appropriate legal rules and standards. These legal regulatory issues require blockchain developers and communities to work together and negotiate with government agencies and industry associations.

Part V: The Birth, Development and Inheritance of Cryptopunk Culture

Cypherpunk culture is a counterculture based on cryptography and privacy protection. It originated from the Internet and computer enthusiasts in the 1980s and 1990s, and was influenced by cyberpunk (cyberpunk) literature and movies. The goal of cypherpunk culture is to use technological means to achieve personal freedom and social change, resisting the control and surveillance of central authorities and large corporations.

The birth of cypherpunk culture can be traced back to the 1970s, when the US government announced the Data Encryption Standard (DES), and two cryptographers, Whitfield Diffie and Martin Hellman, published papers on public key encryption. These two events caught the attention of some networking and computer enthusiasts, who began to study and use cryptography to protect their communications and data. One of the better known figures is David Chaum, who published a paper in 1985 proposing an anonymous digital cash and reputation system based on cryptography.

The development of cypherpunk culture can be said to have started in 1992, when three friends Eric Hughes, Timothy C. May, and John Gilmore organized a small gathering in the San Francisco Bay Area to discuss topics related to cryptography and privacy. They also created an email list called Cypherpunks to exchange and share various information and views on cryptography, privacy, security, politics, philosophy, etc. The mailing list quickly attracted many people and became an active forum. On this mailing list, many influential works appeared, such as "The Crypto Anarchist Manifesto" and "A Cypherpunk's Manifesto", which expounded the ideas and principles of cryptopunk culture. Target.

The inheritance of cryptopunk culture can be said to be completed by Satoshi Nakamoto, who published an article called "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008 In his thesis, he proposed for the first time a decentralized electronic currency system based on cryptography and proof-of-work, namely Bitcoin. This paper triggered a technological revolution, and also changed the values and economic models of human society. Satoshi Nakamoto realized a decentralized, privacy-protecting, and anti-inflation electronic cash system through Bitcoin, and brought a new value transmission method to human society. This is his cypherpunk for fairness, freedom, and democracy. Cultural understanding and implementation.

Part VI: Innovative and Unique Satoshi Nakamoto Thought

Satoshi Nakamoto's thought refers to an innovative and unique way of thinking that Satoshi Nakamoto showed when he created Bitcoin, which includes the following aspects:

• Problem-oriented: Satoshi Nakamoto's thought is to solve practical problems as the starting point and purpose, rather than to pursue the perfection of technology itself or theoretical superiority. When Satoshi Nakamoto created Bitcoin, he mainly aimed to solve some problems in the existing financial system, such as centralization, trust, privacy, inflation, etc. He did not try to create a brand new technical system, but used existing technologies, such as cryptography, workload proof, hash function, etc., combined with some innovative ideas, such as decentralization, consensus mechanism, incentive mechanism, etc. , to build a viable electronic currency system.

• concise Elegance: Satoshi Nakamoto's thinking is based on the principle of simplicity and elegance. When designing Bitcoin, he tried to avoid unnecessary complexity and redundancy. His thesis was only nine pages long, but contained the core principles and design goals of Bitcoin. His code is only a few thousand lines, but it realizes the basic functions and security of Bitcoin. His protocol also has only a few simple rules, but it can ensure the operation and stability of the Bitcoin network.

• Open and inclusive: Satoshi Nakamoto's thinking is open and inclusive. When he created Bitcoin, he did not regard it as his own private property or patent rights. He published the paper and code anonymously and open sourced it to the world. Nor does he attempt to control or interfere with the development and changes of the Bitcoin network or community. He simply provides a basic framework and direction, and encourages others to participate and contribute. He also respects other people's different views and choices about Bitcoin, even if it may lead to forks or competition.

In conclusion

We explored Satoshi Nakamoto's motivation and philosophy of developing encrypted digital currency, as well as his vision of inclusive finance and cypherpunk culture and philosophy of decentralization, privacy protection, and anti-inflation electronic cash system described in the Bitcoin white paper. We also describe in detail the overall development path from the birth of Bitcoin to the basic construction of the Web3 technical framework, as well as the various technological innovations and social changes that have occurred in it. We also explored the birth, development and inheritance of cypherpunk culture, as well as the innovative and unique Satoshi Nakamoto thought. Finally, from the perspectives of decentralized metaverse, cross-chain and multi-chain collaboration, decentralized social media, tokenization and incentive mechanisms, etc., we discussed the future development trends and challenges of Web3, and how we can follow the path of Nakamoto Satoshi's ideas continue our Web3 path.

Satoshi Nakamoto opened the way to Web3, which is a field full of possibilities and opportunities, as well as a field full of challenges and risks. We need to be constantly learning and innovating, but we also need to be vigilant and accountable. We need to cooperate and coordinate with all parties, and at the same time, we need to stick to our own ideas and values. We need to respect the past and the present, but also look to the future and dreams. We need to continue to explore and practice along the path of Satoshi Nakamoto's Web3.

Finally, we quote a philosopher to continue on the journey of Satoshi Nakamoto's Web3: "When the lofty ideas have retired, there will be no radiant feats, but only trivial distress. Let us stand On the earth, give our toils for a life that is not great but human."

FlerkenS is a decentralized personal AI application platform, based on the Web3 network that helps users achieve digital transformation, and provides users with borderless digital and intelligent services.

FlerkenS builds an AI market, an AI publisher, and an open and scalable general artificial intelligence (AGI) system. AI-DSL enables AI applications and services of different types and fields to collaborate and interact with each other, through personal vectors Database (Personal Vector Database) + Langchain Technology Solution (Langchain Technology Solution) + large-scale model technology implementation path, allowing users to obtain personalized AI services, and realize point-to-point with service providers under AI technology in a distributed network environment The connection to build a distributed AI intelligent business and a distributed AI economy.

The first application of FlerkenS: Smart career planning based on Web3+AI, which can provide personalized career development suggestions based on users' personal information, interests, abilities and goals, including career planning, training and career recommendations wait. It can also help users solve workplace problems and improve professional skills and confidence through dialogue and interaction.

Welcome to ACE Animals. Through this article, we offer you a glimpse into our project and present you with opportunities that are unmissable. Embark on a journey of discovery with us!

Overview

ACE Animals is an animal-themed web3 simulation gaming universe. The game's fusion of different gameplay and true interoperability ensures an exceptionally easy yet immersive gaming experience. Seamlessly navigate between scenes, and enjoy the fantastic simulation and mini games!

Play, Enjoy, and Own

ACE Animals is a fusion of simulation gameplay and a kaleidoscope of mini-games. Raise animals that embody anthropomorphized forms of rare creatures from around the world. Engaging and playing alongside your virtual companions in various habitats, playing with your friends in countless mini-games, and build your ideal animal hometown. Everything in this fantastic gaming world could be obtained by you and your animals’ own efforts.

At the same time, ACE Animals is a departure from the ordinary. Every digital animal you possess has the chance to leave an indelible mark on the internet, becoming a truly one of one digital collectible on Ethereum network. And this ownership isn’t confined by paywalls, power structures or any centralized organization; it’s about leaving your unique footprints forever in the digital world.

Get Involved

Enter the world of ACE Animals through the enigmatic Genesis Boxes. These boxes offer a gateway to rare animals which will be with you through the journey.

Remarkably, Genesis Box has the following features:

It is noteworthy that a portion of the project’s total profit is dedicated to animal welfare. ACE Animals stands for “Gaming for Good”, this actions align your gaming experience with real-world impact.

In our upcoming official website’s Charity Fund page, more info and transparency disclosure are available.

Gameplay

In ACE Animals, you could:

Meet and Raise New Animals

As a player of ACE Animals, you become an intrepid explorer within this vibrant universe. Imagine yourself as the great explorer traversing diverse habitats, from deserts to oceans and lush forests. Each habitat is a unique scene teeming with life, waiting for you to unveil its secrets.

Your journey begins by making new friends among the animals that call these habitats home. These friendships can be forged in various ways — perhaps through the luck of chance encounters, opening genesis boxes, playing mini-games, or engaging in trades with fellow explorers.

Unlocking a new habitat is a milestone that opens doors to fresh animal companions and exciting possibilities. As you venture into new realms, you’ll meet animals that thrive in these habitats, and with each new friend comes access to unique mini-games tailor-made for their preferences.

ACE Animals presents a captivating phenomenon — the transformation of your companions as they mature. A single animal can undergo up to four distinct appearance changes during its lifetime, resulting in a total of five unique looks. This enchanting evolution encapsulates the lifecycles of these virtual companions, deepening your connection to their journey.

Play with Animals

Once ACE Animals launches its open beta, a selection of mini-games will be at your fingertips. These games hold a special place in your animal friends’ hearts; they revel in the joy of playing and winning. When your animal companions excel in mini-games, they’ll shower you with delightful gifts.

However, not all mini-games will be immediately available. Some remain locked until you have befriended animals who have a fondness for them. Your journey to unlock these games involves exploring more habitats, making connections, and expanding your circle of animal friends.

Collaboration takes center stage in several mini-games like “Amazing Race” and “Hat Battles.” If your animal companions encounter defeat, offer them a token of encouragement, like a playful toy from your hometown. Building their confidence will prepare them for the next thrilling challenge.

Be a Part of This Digital World

Your role goes beyond just being a player; you’re also a trusted companion to these virtual creatures. Animals, like friends, require care and attention. In ACE Animals, you’ll nurture the animals you’ve met by cultivating your own hometown in their company.

While just like any friendship, sometimes animals bring you troubles. Animals love playing mini-games, but their activities can lead to messes in your hometown. Pollution and debris can accumulate, affecting their mood and your gameplay. Keep your hometown tidy, and you’ll be rewarded with happy animals ready to play, and surprise you with more special gifts.

The world of ACE Animals is an interconnected web of exploration, friendship, and freedom. Embark on your unique odyssey, and let the ACE Animals universe unfold before you.

Own Your First Animal Friend

Animals’ Rarity

In ACE Animals, we bring reality closer to the virtual realm through our innovative rarity system. Just as in the real world, the rarity of an animal in ACE Animals holds special significance. We’ve categorized animals from Level N to Level SP based on their rarity. The rarer the animal in real life, the more exceptional it becomes in the game.

Highly coveted animals with greater rarity in our game’s universe have their own unique attributes. These exceptional creatures hold a deeper connection with nature, providing enhanced physical and emotional interactions for you, the players. Your ACE Animals journey is enriched as you connect with these extraordinary companions.

Own Your First Animal Friend

To commemorate the launch of ACE Animals, we’re offering essential materials that will set you on your path within our universe. These materials include rare animals, fragments for summoning animals, recyclable resources, and much more. Animals and their fragments hold immense value, forming the key elements of your gaming journey.

You’re granted the freedom to engage in a dynamic trading ecosystem. Through our marketplace, you can frictionlessly trade animals, fragments, and resources with other players. The best part? There are no transaction fees, enabling you to explore the marketplace without constraints. Should you prefer, you can also directly sell all these materials to ACE Animals by one click. They will be used to help on enriching the shared ACE Animals universe.

The Genesis Box: Unveil Your Destiny

Unlocking your ACE Animals journey is as simple as opening a Genesis Box. ACE Animals is holding an exciting step-in campaign to greet you with a plethora of valuable resources, setting the stage for your adventure. To celebrate the inception of ACE Animals, we’re offering everyone a free Genesis Box. Join our campaign and embrace the thrilling beginning of your ACE Animals odyssey!

Follow us on: 

Twitter丨Discord丨Medium丨Link3

Attention all gamers, adventurers, and animal advocates! Ace Animals is now officially here!

ACE Animals is an animal-themed web3 simulation gaming universe built on Ethereum, it’s accessible on web browser and mobile devices. The game’s fusion of different simulation gameplay and mini games, together with its true interoperability, ensures an exceptionally easy yet immersive gaming experience.

Do you want to be among the first to experience the captivating world of Ace Animals, its nurturing gameplay, and engaging mini-games? Do you aspire to be a pioneer in animal conservation? Do you wish to secure a spot on the Ace Animals’ whitelist? Become an early contributor to Ace Animals and gain access to in-game items, NFTs, and Genesis boxes which can be sold back to Ace Animals with a guaranteed price.

Time:

August 10th, 12:00 UTC — August 15th, 12:00 UTC

How to Participate:

Venue

Taskon: https://taskon.xyz/campaign/detail/8672

Questn: https://app.questn.com/quest/803553438528115146

* Please Note:

Opening the Free Genesis Box grants you the chance to win Ace Animals in-game items and NFT fragments. The rewards from the Free Genesis Box can be directly sold back to the official website, as the official website offers unconditional buybacks with 0 transaction fee.

The Free Genesis Box rewards will be distributed to your Ace Animals account after the official launch of the Ace Animals website, using the email address and wallet address you provided for this event. Stay tuned to ensure you register your Ace Animals account using the same details promptly upon the website’s launch.

After the conclusion of this event, we will announce the list of winners on Twitter and in our discord community. Stay connected for updates!

Learn more and stay tuned via:

Twitter丨Discord丨Medium丨Link3

ZippyChain has assembled a world-class development team, comprising top AI scientists from reputable institutions in the United States and Hong Kong, along with tech executives from industry giants like Google. With such expertise, the team is determined to debut the mainnet in December, solidifying ZippyChain’s position as a trailblazer in the realm of AI and blockchain integration. In summary, ZippyChain is set to revolutionize AI and blockchain by democratizing the training and usage of AI, benefiting businesses and individuals alike. Through its cutting-edge solutions, it promises to unlock new possibilities and drive innovation in the AI landscape.

ZippyChain stands out from other blockchain platforms with its array of competitive advantages.

Firstly, its user-friendly interface and compatibility with EVM make it easy to operate, ensuring a smooth user experience.

Secondly, its impressive Transactions Per Second (TPS) rate, exceeding 25,000, sets a new industry standard, and its performance can scale up even further with the addition of more shards and parallel threads. This high TPS capability enhances the platform’s efficiency and potential for handling a vast number of transactions.

Thirdly, ZippyChain’s distributed AI capability is a significant asset, made possible through its parallel EVM, dedicated shards, and edge computing network. This empowers users with potent AI capabilities, making it an ideal platform for AI-related projects.

Fourthly, the zero-layer cross-chain bridge sets ZippyChain apart by enabling seamless integration with other public chains. This feature enhances its universality and compatibility across the entire blockchain ecosystem, facilitating smooth interactions between different platforms.

Lastly, ZippyChain’s GHOSTDAG-based storage network provides robust support for data and token asset creation and management, compatible with Ethereum addresses. This feature is a game-changer, allowing for data ownership and assetization of AIGC and AI algorithms.

Overall, these competitive edges make ZippyChain a promising and versatile platform for businesses and individuals seeking to harness the power of AI and blockchain in their projects.

The launch of ZippyChain’s testnet marks a significant milestone in the fusion of AI and blockchain technology. The anticipation from the global blockchain community reflects the excitement surrounding the platform’s potential to revolutionize the industry with its game-changing solutions. With its impressive features and capabilities, ZippyChain has the potential to shape the future of AI and blockchain integration, attracting attention and interest from various sectors.

Contact:

Company name: Zippy

Contact Person name: Zipora Taylor

E — Mail : zipora@zippychain.ai

Website URL : zippychain.ai

Location: San Jose, California, US

Hope.money's overarching mission is to solve the complexity and obscurity of DeFi’s current protocols, which remain obstacles for everyday users. By offering a new path forward, Hope.money introduces user-centric innovations for scalable crypto finance by bridging the best of TradFi, CeFi, and DeFi.

In their pursuit of excellence, Hope.money collaborated with MetaTrust Labs, a leading blockchain auditing firm renowned for their rigorous evaluation of DeFi protocols. The audit, an exhaustive process spanning three weeks, covered critical aspects such as protocol logic, vulnerability assessment, adherence to specifications, and best practices.

According to Hope.money's founder Flex, "Passing MetaTrust's stringent audit is a testament to the top-notch security standards we have adhered to when building Hope.money. We are thrilled to have their stamp of approval as it validates the trustworthiness and safety of our platform."

MetaTrust Labs commended Hope.money for its well-structured architecture and implementation. "We found no critical or high severity issues during our audit. The Hope.money team demonstrated strong security knowledge and their system is surely  designed to high standards," said Daniel, senior auditor at MetaTrust Labs.

With the audit, Hope.money is poised to deliver essential financial tools and services to populations that lack access to traditional financial services. "This successful security review marks a major milestone for Hope.money. We now look forward to expanding financial inclusion and changing lives around the world," added Flex.

Going forward, Hope.money plans to continue working with MetaTrust Labs to ensure the security of its platform as new features roll out. The teams of both parties will also continue to pay attention to security issues and contribute to the security development of the Web3 industry.

About Hope.money

Hope.money pioneers in bridging DeFi, CeFi, and TradFi with the HOPE Ecosystem, featuring the distributed stablecoin $HOPE, aims to provide frictionless and transparent next-gen financial infrastructure and services accessible to everyone. This all-in-one ecosystem provides a comprehensive set of use cases for $HOPE, including swap, lending, custody, clearing, and settlement, while incentivizing users to participate in the ecosystem and community governance through $LT.

About MetaTrust Labs

MetaTrust Labs is the world's leading provider of Web3 AI security services with largest research team in Asia which incubated by Nanyang Technological University in Singapore. Our range of services includes AI Security Scanning, Security Audits, Security Monitoring, and Open Source Smart Contract Templates. We offer fast, accurate, and cost-efficient solutions through every stage of the project development lifecycle to help builders develop secure Web3 applications with ease.

Follow Us

Twitter: @MetaTrustLabs

Website: metatrust.io

Dear Community Builders and Partners,

We are thrilled to announce, with great excitement, that our brand zkMeta has officially upgraded to GasZero! Our new website domain, GasZero.com, has also been launched today.

This is not only a complete upgrade of our brand name and visual identity, but also a milestone upgrade in terms of GasZero’s market positioning and product strategy.

That is, comprehensively building a 0Gas ecological network, bridging the last mile for Web2 users into Web3, and opening the gate to the world of Web3 for a billion users.

This is the original intention of GasZero’s establishment, and also our mission.

In the world of blockchain, Gas fees have always been an indispensable yet easily overlooked existence. They play a crucial role in balancing, allocating, incentivizing miner profits, and restraining malicious transactions. But when faced with high Gas fees, many people have no choice but to pay reluctantly or are forced to cancel transactions.

Can we minimize, or even eliminate Gas fees?

Through in-depth research on user interaction behavior, we found that a contract interaction experience without Gas fees can significantly increase the conversion rate of new users and the retention time of existing users. As we continue to delve into and experiment with technology development, our goals of “Affordable, Defensible, Justifiable” are no longer just wishful thinking. GasZero will drastically lower the user entry barrier. We trust that only if users return to their own interaction decisions, developers return to the product itself, and marketing strategies return to the users’ real needs, then we can establish a sustainable user in-flow and business model, together.

At present, the GasZero technical team is working closely to prepare for the launch of the Alpha 1.0 version of the testnet. Meanwhile, 4–5 eco-building partners will carry out whitelist testing around the 0Gas modules and delpoly dApps. As a result, the GasZero testnet period will be extended compared to the original plan and is expected to last several months. We strive to emerge with superior safety and stability to lay a solid foundation for the mainnet launch.

Additionally, MetaID/MetaShield/Credibility Oracle will also be launched as planned in the Alpha 1.0 version. These three products are the infrastructure suite of the GasZero 0Gas ecosystem, supporting the usability and security of GasZero network.

GasZero integrates multiple trusted data sources, covering Web2 & Web3 user behavior data to the maximum extent, from on-chain data and AI-aided identification to Liveness Check. Whether it’s Social Login or third-party API access, GasZero has full confidence in enabling users to enter imperceptibly with a low threshold, enabling developers and co-building projects to make precise decisions efficiently. This allows the GasZero 0Gas ecosystem to operate efficiently, reliably, and securely, catalyzing the birth of the next billion-dollar super dApp.

GasZero wants to thank our partners who have maintained close cooperation with us all along, and the community builders. Your support is not only the driving force for GasZero’s progress but also a beacon to guide our course, and even more so, a powerful supervisor reminding the GasZero team of our initial intention!

The future is upon us, and everything is promising. This is a brand new journey of Web3 evolution, and GasZero looks forward to meeting you at every small step forward. GasZero, Free For All, All For Zero!

Respectfully,

The GasZero Team

▶ Website: gaszero.com

▶ Twitter: https://twitter.com/0xGasZero▶ Discord: https://discord.gg/gaszero

▶ Telegram: https://t.me/GasZero_official▶ Medium: https://medium.com/@GasZero

▶ Threads: https://www.threads.net/@gaszero_official▶ Gitbook：build.gaszero.com

Web3 is accelerating and Arweave will be adopted by more developers as an infrastructure, creating a new and richer ecosystem. PermaDAO is a community of co-builders for just this purpose. Everyone involved can find a role here to contribute to the Arweave ecosystem, and any proposal or task related to Arweave can be posted here and supported by the entire community. Join PermaDAO and build Web3!

Translator: Kyle @ Contributor of PermaDAO

Reviewer: yifan XU@ Contributor of PermaDAO

Section One: Pianity Overview

1. Project Introduction

Pianity is a music NFT platform built on Arweave, aiming to bring together music artists and their communities to create, sell, purchase, and collect limited-edition songs. The music styles on Pianity are diverse and niche, mainly encompassing electronic, hip-hop, indie music, and post-rock, among others. All available in lossless audio quality for free listening.

Beyond considering music as exquisite, Pianity also offers a service for artists to release music NFTs, providing artists with a new stream of independent income. At the same time, the platform offers the functionality of trading user music NFTs, allowing users to purchase their favorite works and join the community, fostering a deeper connection between artists and fans.

2. Social Media

3. Team

Background Information

Pianity is a privately-held company headquartered in Paris, France, and was founded in April 2021 as part of Arweave's Open Web Foundry (OWF) incubation program.

Core Team

Image Description: Pianity Core Team

Image Source: https://pianity.com/about

Pianity's core team consists of three co-founders: Kevin Primicerlo, Simon de Kinkelin, and Lancelot Owczarczak. Their profiles are as follows:

The three co-founders possess their own professional skills and rich experiences, bringing diverse abilities and perspectives to the company. They can complement each other's strengths and form a comprehensive team. Their collaboration may lead to fruitful synergy, generating innovative solutions that inject new momentum into the company's development.

Advisors

Pianity also boasts a strong advisory team, including Sam Williams (Founder of Arweave), Michael Majster (Royalties, Copyright, and Music Lawyer), Rand Hindi (CEO of Zama.ai), Pierre Kosciusko-Morizet (Managing Director of Kernel Holding Investments).

4. Funding

Financing Status

On March 2, 2022, Pianity announced the completion of a $6.5 million seed funding round. This round was led by Digital Renaissance Foundation, Big Brain Holdings, with participation from IOSG, LD Capital, ViaBTC, ArkStream Capital, and others. 

Major Investors

Image Description: Pianity Major Investors

Image Source: https://pianity.com/about

Institutions: Digital Renaissance Foundation, Big Brain Holdings, IOSG Ventures, Longhash Ventures, ArkStream Capital, LD Capital, Arweave, ViaBTC.

Individuals: Yin Cao (Managing Director of Digital Renaissance Foundation), Sebastien Borget (Co-founder and COO of The Sandbox), Cyril Paglino (CEO of Shift Capital), Ronny Shibley (CTO and Co-founder of Gorillas).

Section Two: Platform Features

1. Fixed-Price Sales

Pianity offers music NFT sales services for artists and collectors, allowing them to initiate listings with fixed prices in the NFT marketplace.

2. Auction Function

In addition to fixed-price sales, Pianity also offers an auction feature for music NFTs.

3. Bounty Function

Image Description: Pianity Bounty Function

Image Source: https://pianity.com/blog/post/introducing-bounty-nfts

The bounty function allows artists to distribute free NFTs to their fans as a reward, and these bounty NFTs can be sold on the secondary market, generating value for the recipients. For artists, distributing bounties is a win-win practice, rewarding fans with unique digital assets while also helping in building and expanding their own community.

Bounties come in two types:

4. Exclusive Function

Image Description: Pianity Exclusive Privilege Function

Image Source: https://pianity.com/about

Pianity offers an exclusive perks feature that allows artists to provide different additional benefits to music NFTs of varying rarity levels. These exclusive privileges often include features such as artwork videos, JPG ownership, exclusive tracks, and signed merchandise, enhancing the personalized and valuable aspects of music NFT collections.

Music NFTs with the "perks" icon in the top right corner of the song card are pieces with exclusive privileges. These privileges are automatically unlocked upon purchase and can be accessed by clicking the "perks" icon popup. Once a collector sells an artwork with exclusive privileges, they lose access to these privileges immediately, and the exclusive privileges will transfer to the new owner.

Section Three: Pianity Platform Components

1. Music NFTs

Music NFTs, similar to the more well-known image-based NFTs, differ in that they grant ownership of music segments to holders while incorporating visual elements. Thus, users on the Pianity platform experience not only delightful music but also exquisite visuals.

Image Description: Different Levels of NFT Rarity

Image Source: https://pianity.com/

Similar to vinyl records, music NFTs on Pianity are released in limited editions and are categorized into four different levels of rarity. Each level of rare music NFT comes with unique privileges and corresponding quantities. The rarer the song, the higher its value and the fewer in number. Specifically:

In comparison to existing Web3 music NFT platforms, Pianity stands out with its own unique qualities, whether in NFT standards or storage technology adopted.

Atomic NFT

Pianity adopts a novel NFT standard: Atomic NFT, as opposed to the common ERC721. Atomic NFT is a native Arweave NFT standard that integrates media files, smart contracts, and metadata, creating a unique and universally recognizable digital asset that is permanently stored on the decentralized Arweave network.

For both artists and collectors, Atomic NFT ensures the integrity and value of music artworks, while also enhancing transparency and reliability.

Utilizing Arweave for Permanent Storage

Pianity utilizes Arweave as a storage solution, where all music NFTs (Atomic NFTs) contain contracts, tokens, and stored content, permanently residing within Arweave.

Due to Arweave's characteristics of low storage costs, permanent storage, immutability, and traceability, Pianity reduces storage expenses, ensures the permanent preservation of music NFTs, and provides higher security and stability to the music NFT market.

2. NFT Market

Image Description: NFT Market

Image Source: https://pianity.com/market

Pianity's NFT market is divided into the primary market and the secondary market, catering to the diverse needs of its users. NFTs initially released by artists will circulate in the primary market, while users can purchase music NFTs in both the primary and secondary markets, as well as resell their collected music NFTs in the secondary market.

Primary Market

The primary market is where artists initially release their music NFTs. They can list their music NFTs for sale in the primary market, supporting both fixed-price sales and auctions. Users can purchase or bid on music NFTs in the primary market. Meanwhile, the Pianity platform will receive 20% of the proceeds from primary market sales, with 10% allocated for rewarding the users who participated in the transactions.

Secondary Market

The secondary market is where music NFT collectors can sell their NFTs. Sellers in the secondary market have the choice to set a fixed price or initiate auctions for their NFTs. Once an NFT is resold, the NFT collector receives 90% of the sale proceeds, with 8% as royalties to the artist and 2% as a service fee to the Pianity platform.

3. Leaderboards

Image Description: Leaderboards

Image Source: https://pianity.com/leaderboards

The Leaderboards are designed to visually showcase active users within the Pianity community, and are divided into four categories:

As an expression of gratitude for the contributions made by active participants, Pianity rewards the top three participants in each category with $PIA tokens: 1600 $PIA for first place, 800 $PIA for second place, and 400 $PIA for third place.

4. Toplist

Image Description: Toplist

Image Source: https://pianity.com/toplist

The Toplist is continuously updated in real-time and allows users in the community with voting power to cast their votes. Twice a day, the top-ranked song on the Toplist is nominated for release in the primary market.

To ensure the fairness of the Toplist voting mechanism, Pianity has set a limit of 3000 votes per song per account. For artists, this prevents any "cheating" through vote manipulation, and encourages them to rely on the quality of their work and genuine talent. Additionally, artists need to actively promote and engage with the community to increase exposure and commercial value.

For users, they can earn 1000 votes by participating in activities like recommending Pianity to friends. Alternatively, holding $PIA tokens ( which are temporarily non-tradable). For every 1 $PIA token held for two weeks, the user receives 1 vote. Furthermore, participating in voting activities also offers the opportunity to earn $PIA tokens, provided that the voted song successfully reaches the top of the Toplist and gets released.

5. Playlists

Image Description: Playlists

Image Source: https://pianity.com/playlists

Users can create personalized playlists on Pianity, which can be set as public or private. This familiar feature allows users to organize their favorite music into corresponding playlists, enabling them to listen anytime and anywhere.

6. Community

Clubs

Pianity's clubs are like exclusive intimate music concert parties. In clubs, fans can enjoy exclusive behind-the-scenes content, interact with artists, or engage in conversations with other music enthusiasts.

Clubs are open to all artists with at least 100 unique collectors, and fans automatically become members of the artists' Clubs upon purchasing their NFTs.

PianityDAO

The most active users in Pianity have the opportunity to become members of PianityDAO, participating in weekly community meetings, gaining exclusive platform development information, and engaging in discussions about important decisions for the company's future. Pianity encourages users to actively contribute to community building and collectively drive the progress and development of the platform.

7. Mobile Application

Image Description: Mobile Application

Image Source: https://pianity.com/

On October 4, 2022, Pianity released this social music app for iOS and Android users, available for download on the Apple App Store and Google Play. The app provides free, ad-free streaming services for all users to enjoy Pianity's entire library of lossless quality music. Additionally, artists can create NFT clubs through the mobile app, where NFT holders are automatically added to the artist's club, allowing fans to interact within the community and enjoy exclusive benefits.

Section Four: Economic Model

1. Tokens

2. Token Acquisition Methods

As of August 1, 2023, $PIA has not yet been launched, and there are three ways to obtain it.

3. Future Empowerment of Tokens

Holding locked $PIA tokens grants you voting rights, with 1 vote earned for every 1 locked $PIA token for a duration of two weeks. Users can use these votes to vote for their favorite songs on the Toplist. Once $PIA tokens are launched, they can be traded or used on Pianity to purchase music NFTs.

According to Pianity's vision, future $PIA tokens will not be limited to the Pianity platform but will play a significant role in a broader music ecosystem. Pianity aims to establish $PIA as a widely recognized token in the music industry, adding value to both fans and artists in shaping the music landscape.

4. Economic Mechanism

Image description: Economic Operation Mechanism

Image source: Created by author Kyle

Pianity operates a mature and unique economic mechanism as follows:

User Perspective

Artist Perspective

Platform Perspective

Summary: Positive Flywheel

Pianity's designed economic model ingeniously incentivizes users to purchase NFTs and hold $PIA tokens. The diverse reward mechanisms attract user participation and drive song releases. Meanwhile, it provides high-income opportunities for artists, encouraging them to submit high-quality artwork. The platform's revenue mechanism ensures its own development, while the distribution mechanism ensures continuous benefits for community members, increasing participation motivation. These interconnected incentives create a positive cycle, driving the platform's continuous growth and prosperity, and realizing a positive flywheel effect.

Section Five: Market Situation and Prospects

Image Description: Income Overview in the 2023 Global Music Report

Image Source: https://globalmusicreport.ifpi.org/assets/images/Ski_chart_2022.png

According to the "2023 Global Music Report" released by the International Federation of the Phonographic Industry (IFPI), driven by paid subscription streaming, the global recorded music market grew by 9.0% in 2022, reaching total revenue of $26.2 billion. Among them, revenue from subscription audio streaming increased by 10.3%, reaching $12.7 billion, with a total of 589 million paid subscribers. Overall streaming revenue (including paid subscriptions and ad-supported) increased by 11.5% to $17.5 billion, accounting for 67.0% of global recorded music total revenue. Additionally, according to Goldman Sachs' forecast, global music streaming revenue is projected to reach $89.3 billion by 2030, with paid streaming accounting for $55.6 billion.

Referencing the latest data from the traditional music industry, it is evident that the global recorded music market is on a positive growth trajectory, with a clear shift towards digitization and streaming. For the Web3 music industry, this signifies significant opportunities and potential.

While the traditional music industry has experienced rapid growth, it has also accumulated several "ills," such as complex intermediaries, unfair distribution, and copyright protection challenges. As an emerging sector, the Web3 music industry, leveraging disruptive technology and new business models, has the potential to alleviate or solve some of the problems in the traditional music industry, meeting the evolving needs of users and artists.

1. Pain Points of the Traditional Music Industry

2. Breaking the Mold with Web3 Music

Section Six: Market Competition

Web3 Music, a sector that has yet to experience a full-blown breakthrough, is eagerly anticipating the possibility of a prosperous "MusicFi Summer" in the next bull market. This raises the question: Does the Web3 Music sector possess the mature conditions from both a macro-environmental and technological perspective to become the driving force of the upcoming market surge? Amidst this landscape, does Pianity have the opportunity to emerge as a leading project in the Web3 music sector?

1. Analysis of the Web3 Music Sector

Macro-Environmental Perspective

The Web3 music industry faces competition from the traditional music industry, where established streaming services and renowned platforms have reached a level of maturity. Convincing artists and users to venture beyond their comfort zones and transition to the Web3 world poses a significant challenge. Moreover, complex copyright and licensing issues require exploration of how to integrate blockchain solutions within legal frameworks. However, as Web3 technology advances, it gradually addresses some of the pain points in the traditional music industry, offering artists more autonomy and revenue potential. This shift will lead people to recognize the potential of Web3 music, prompting artists and users to migrate to this new musical realm.

Shifting our focus on the Web3 place, compared to DeFi and GameFi, Web3 Music exhibits weaker financial attributes. In the speculative Web3 landscape, the Web3 music industry lacks a significant advantage in attracting funds and users, making it difficult to replicate the success of DeFi's model. However, when compared to GameFi, Web3 Music has its natural advantages. Currently, GameFi is criticized for its lack of playability, as even with a strong economic model, an unenjoyable game implies a loss of vitality. The music sector, on the other hand, is different; the process of creating a music work, from composition to final release, is more streamlined compared to games. The likelihood of creating high-quality and enjoyable music works is higher. Furthermore, being a global cultural phenomenon, music has a wide audience base, providing a solid user foundation for Web3 music platforms.

Technological Perspective

From a technological standpoint, Web3 music has reached a relatively mature stage. Both platform construction and data storage are well-supported by Layer1 public chains and decentralized storage technologies like Arweave and IPFS/Filecoin.

Web3 Music based on blockchain technology brings a new monetization model to the music market.,where artists can generate income by issuing music NFTs and can retain the majority portion of the earnings. Moreover, Web3 music platforms utilize smart contracts to ensure transparent and automated royalty distribution, allowing artists to receive fair compensation without intermediaries, thereby addressing the long-standing issue of royalty disputes faced by artists in the traditional music industry.

Although Web3 technology is becoming more mature, there are still barriers and hurdles to overcome. Simplifying onboarding processes and designing user-friendly interactions they compatible with Web2 are directions that the Web3 music sector needs to focus on. Several projects have offered some solutions, such as launching mobile applications that support login with Web2 email or social media accounts, facilitating seamless entry for artists and users into the Web3 world.

2. Competitor Analysis

In the Web3 Music sector, Pianity, a music NFT platform built on the Arweave blockchain, is quickly gaining recognition. However, it faces tough competition from well-established players in the Web3 Music sector, such as Royal with its prominent founders, Sound, which recently raised $20 million in Series A funding, Audius, boasting a large user base, and OneOf, with deep collaborations with Warner Music and Grammy Awards.

Sub-Sector Classification

In the classification of the Web3 Music sector, we can identify four main sub-sectors: creation platforms, royalty platforms, NFT trading platforms, and streaming media platforms. Among these, Pianity and Sound belong to the creation platforms and NFT trading platforms sub-sectors, which represent the upstream and midstream of Web3 Music, responsible for creating, distributing, and trading NFTs. Royal falls under the royalty-sharing platform sub-sector, allowing users to become music investors. Audius belongs to the streaming media platform, representing the downstream of the Web3 Music sector.

Affiliated Blockchain Networks

Sound, Royal, and Audius are built on public chains with high transaction throughput and heavy financial attributes. Pianity and OneOf, on the other hand, have chosen public blockchains with relatively lower market attention and lighter financial attributes. Pianity's choice of Arweave may have some disadvantages in terms of user volume and market attention but it possesses unique brings advantages in terms of environmental sustainability, cost-effectiveness, and technical capabilities.

Firstly, Arweave's energy consumption is more environmentally friendly, being around 100 times lower than Ethereum, which still uses PoW. Secondly, Arweave's technological advantages contribute to its uniqueness. Arweave is a decentralized permanent storage network that offers not only lower minting and transaction costs compared to other platforms like Ethereum and Solana but also more secure, stable, and enduring data storage capabilities.

Funding Status

Compared to other competitors, Pianity has only completed a seed funding round, creating a gap in terms of the funding amount. This may place certain limitations on rapid growth and market expansion. However, it also implies that Pianity's substantial potential has yet to be fully unleashed With more funding in the future, Pianity will be able to invest more resources and effort to further expand its platform's influence and user base.

Enrolled Artists and Market Attention

Despite Pianity boasts unique technological advantages, there is still considerable room for improvement in terms of user base and community size. Unlike its competitors, Pianity has not yet attracted well-known artists like Snoop Dogg or Doja Cat, instead, its appeal seems to be more focused on long-tail artists. While the long-tail artist community is extensive, capturing a larger market share and attracting more users requires increased market attention and promotional efforts.

Platform Positioning and Gameplay

Regarding platform positioning and gameplay, Sound leans towards social attributes and fragmented models, OneOf emphasizes high-traffic IPs and diversified NFT, Royal focuses on royalty sharing, and Audius offers a lower barrier to entry and abundant music content. As for Pianity, it treats each music NFT as a precious vinyl record, with artists only able to sell their works in limited editions, ensuring scarcity and high value. Pianity also emphasizes curation and talent show-style features, where fans determine the release of music NFTs through voting. This differentiated strategic positioning provides Pianity with a unique business model and profit strategy, gradually capturing a market share in the Web3 Music sector.

Token Issuance

In terms of economic models, only Audius has issued tokens. Pianity's $PIA token currently only circulates within the platform but has not been officially launched, maintaining a fixed price of $0.1. Pianity's well-functioning economic model encourages user and artist engagement as $PIA circulates within the mechanism, invigorating platform activity. In the future, when $PIA is eventually issued and circulated in a larger market, it can fully leverage the incentive mechanism and attract more users and artists. Thus, Pianity still has substantial growth potential and room for expansion.

Section Seven: Pianity's Advantages and Potential

The Web3 Music sector has flourished in recent years, with the maturation of Web3 and NFT technologies presenting unprecedented innovative opportunities for the music industry. For platforms like Pianity, a music NFT platform, could it become a leading project in the Web3 Music sector, driving transformation and innovation in the music industry?

Below are some key points to consider and discuss:

1. Robust and Environmentally Friendly Technology

Arweave, a unique decentralized storage network designed for permanent data storage solutions, remains irreplaceable and unparalleled in the Web3 domain. In addition, Arweave recently completed a version 2.6 upgrade this year, further reducing storage costs and energy consumption, and enhancing its environmental sustainability. By August 2023, Arweave had already achieved 1 billion transactions, steadily gaining market recognition, and widespread adoption has become an irreversible trend.

Pianity, built on Arweave, benefits from the following advantages:

2. User-Friendly Web2 Design

Pianity employs a user-friendly design tailored to Web2 users, potentially attracting more music enthusiasts to the platform. Firstly, Pianity offers multiple login methods, including common encrypted wallet login options, as well as Google and Apple ID logins, enhancing user convenience. Secondly, the platform provides a mobile application for a streamlined user experience. Lastly, Pianity supports various payment methods, including cryptocurrency payments (BTC, ETH, LTC, USDC) and fiat payments (via Stripe), offering users diverse payment options.

3. Long-Tail Effect

Unlike other Web3 music platforms, Pianity focuses on long-tail artists rather than well-known musicians. This approach provides an opportunity for these niche artists to showcase their talents on Pianity. While lacking major IPs and high traffic, Pianity's music works are still of high quality and appeal to a broad audience. For music, being enjoyable remains paramount, and users who genuinely enjoy the music are likely to support it.

While individual sales from long-tail artists on Pianity may not match those of top-tier artists on other platforms, the cumulative sales volume from these artists contributes significantly to the platform's market share. Furthermore, benefiting from the long-tail effect, Pianity's music output will be more diverse and personalized, naturally fostering the creation of more high-quality music. Ultimately, the long-tail effect positions Pianity as a treasure trove of niche music, enhancing its unique market competitiveness and solidifying its stronghold.

4. Unique Emphasis on Curation

Differing from other platforms, Pianity employs a unique mechanism. Each music NFT is created through user voting on the Toplist, where users with voting power cast their votes for popular songs. However, just having voting tickets is not enough; a music NFT must rank first on the Toplist to qualify for entry into the higher-level market. This mechanism resembles scenes from "Idol Producer," where fans vigorously vote and support their idols' debuts, engage the community, and mobilizes fans, attracting more attention and participation, fostering a fan economy, encouraging users to support their favorite artists and driving platform activity and user growth.

Certainly, the introduction of well-known artists to the platform could manifest the fan economy effect even faster. This unique gameplay mechanism nourishes the soil for Pianity's growth into a towering tree.

5. Positive Economic Model Flywheel

Pianity possesses a mature and unique economic model that has already demonstrated effectiveness even before the issuance of its token. Users who purchase NFTs and vote on the Pianity platform can earn $PIA token rewards, while artists receive sales revenue through these transactions, and the platform generates income through transaction fees or service charges. Throughout the operation of the economic model, each participant receives appropriate incentives, creating a positive flywheel. With the future issuance of the $PIA token, more participants will be attracted, driving the continued development and expansion of the Pianity platform, gradually unleashing its potential.

Section Eight: Final Thoughts and Outlook

1. Migration of Music NFT Artists: From Ethereum to Arweave

Looking back at the history of PFP NFTs, we can observe that many (including well-known) crypto artists have gradually moved away from the high-traffic Ethereum blockchain. Their departure is partly due to high gas fees and a desire to avoid being entangled by capital, leading them to migrate to the lower-cost and more ideologically pure Tezos blockchain. Subsequently, artists on the Tezos blockchain have built large communities, infusing Tezos with a strong artistic atmosphere, subculture vibes, and diverse styles.

The same trend can be observed in today's music NFT market. In the early stages of development of any field, high traffic and hype are crucial for survival, making public chains with high financial attributes and attention the natural choice for NFTs. However, true music artists and enthusiasts who genuinely love music eventually gravitate toward places that are quieter, purer, and more crypto-native.

So, why not consider the Arweave blockchain? Arweave tackles the stability and security issues of NFT storage at the technical level and embodies a more native and pure essence. It stays away from the noise and frenzy of hype. While it might not be the quickest place for artists to make a quick profit, it's undoubtedly a fertile land of potential for their creative expression and interaction

2. Revolutionizing Music Creation with AI Technology

With the rapid development of artificial intelligence technology, automation, and intelligence are finding their way into various fields. The realm of music creation is no exception. The widespread adoption of AI-generated technology may bring about a profound impact: lowering the threshold of music creation, allowing anyone to become a music artist and compose the music they want to express.

In this context, more and more people are exploring the organic integration of AI technology and music NFTs. In the not-so-distant future, we may witness a wave of emerging crypto-native music artists producing unique and forward-looking crypto-native musical works. But, where is the most likely breeding ground for the wild growth of crypto-native music?

Mainstream Web3 music platforms have been relatively successful in attracting traditional music artists and capital. However, due to the intervention of capital and mainstream artists, these platforms tend to promote commercialized and mass-market music to generate more profits. Eventually, these platforms lose their purity within the crypto world, making it challenging for genuinely crypto-native music to gain recognition.

Crypto-native music represents the true essence of the crypto world and should originate from the hands of true crypto-native artists. These artists possess a profound understanding of crypto culture and use it as inspiration to create unique and innovative musical works. Meanwhile, crypto enthusiasts who harness AI technology also exhibit strong creative abilities in this field.

Pianity, as a platform that gathers long-tail artists in the Web3 music space, is more likely to discover innovative and personalized musical works. Emerging crypto-native music artists naturally become part of the long-tail artists of the Web3 music place on Pianity, characterized by strong innovation consciousness and pursuit of uniqueness. Furthermore, Pianity's use of a voting mechanism to decide the release of music NFTs ensures that outstanding works do not get buried, providing every artist with a free and fair creative environment.

3. The Rising Star of the Web3 Music Sector 

Arweave has long been an underestimated public blockchain, and the same could be said for Pianity.

Built on the Arweave blockchain, Pianity employs permanent storage technology to store all data securely and ensure data integrity. Arweave's technological features guarantee the security of encrypted music data and copyright protection. It also creates a space for free creation and expression, with low costs for minting and transactions. Therefore, Pianity is poised to gradually become a gathering place for long-tail artists, giving rise to a new wave of emerging crypto-native music artists. These crypto-native music artists can establish an open and inclusive community on the Arweave blockchain, creating powerful crypto-native music works. The emerging Pianity has the potential to become a rising star in the Web3 music sector.

References:

https://www.theblockbeats.info/news/28332

https://atomicnft.com/en/

https://twitter.com/starzqeth/status/1629094247680086016?s=20

https://zhuanlan.zhihu.com/p/447618035

https://www.panewslab.com/zh/articledetails/00edysu671u1.html

https://helpdesk.pianity.com/en/

https://m.8btc.com/media/6792156

https://m.techflowpost.com/article/detail_9884.html

https://foresightnews.pro/article/detail/22792

https://m.yuanyuzhoujie.com/article/14188

https://musicnftstartup.com/7-days-on-pianity-music-nft-platform/

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To meet these demands, Datamall Chain (DMC) plans to create a brand new decentralized data storage system and provide an accompanying economic model.

What is Datamall Chain (DMC)?

Datamall Chain is a next-generation decentralized storage public chain with the DMC token serving as a utility token,  aiming to incentivize all Web3 real data transactions and provide a stable, reliable, and secure decentralized storage infrastructure for Web3, enabling users to securely store and exchange data. DMC fully leverages the decentralized nature of blockchain technology and the automation capabilities of smart contracts to offer a novel solution that emphasizes data ownership and reliable data transactions.

Within the industry, DMC has achieved a groundbreaking milestone by implementing the authentic right of data storage, allowing users to have ownership and control over their data and establishing a solid foundation for data security. Furthermore, DMC utilizes Nash-Consensus and applies market mechanisms of supply and demand to blockchain technology for the first time. This allows anyone to provide storage services by sharing their own hard drive and bandwidth resources and receive incentives in return.

How does Datamall Chain operate?

DMC provides an on-chain platform for matchmaking storage transactions. Miners the provider (MPs) contribute their own storage space and stake DMC tokens to ensure the security and durability of the data in order to provide guarantees for storage transactions. Miners the consumers (MCs) utilize DMC tokens on the platform to purchase storage space from MPs and store their own data. Once a transaction is completed, both parties continuously receive DMC rewards based on the size of the space, incentivizing MPs to provide genuine storage space and promoting active trading of authentic data. Through the market mechanism based on Nash consensus, DMC establishes an open and transparent storage trading marketplace, reducing storage costs and achieving decentralized storage services. Furthermore, this mechanism differentiates storage spaces of varying qualities, enabling users to easily find the most suitable storage space for their needs and facilitating convenient data storage and retrieval through the graphical interface of the application.

Product in DMC ecosystem: Foggie, the personal web3 terminal

The first product launched in DMC ecosystem is Foggie, the personal WEB3 terminal, which provides users with powerful tools for managing personal data in the Web3 world. Foggie's significance in Web3 is equivalent to that of a smartphone in the mobile internet. It makes user participation in the WEB3 world more convenient. Foggie has multiple features, including:

• Wallet: Convenient for users to manage digital assets and conduct secure and convenient transactions.

• Store And Data Ownership: Users can store personal data in Foggie and achieve data ownership.

• Data Authorization, Sharing, and Selling: Users can autonomously decide the scope of data authorization, enabling data sharing and selling while protecting personal data rights.

• Share Hard Drive and Bandwidth: Users can share idle hard drive and bandwidth resources to help others store data while receiving corresponding rewards.

• Purchase and Use of Miner Space: If their own space is insufficient, users can purchase miner’s space to meet their data storage needs while achieving data ownership through smart contracts.

• Computational Power, Storage, and Bandwidth Resources for Running Dapps: Users can leverage Foggie's computational power, storage, and bandwidth resources to run various Dapps, such as on-chain tools, websites, games, social platforms, and streaming services, and earn exclusive rewards from Dapps.

The first Dapp integrated into Foggie is called Drops, a one-click NFT minting tool. With Drops, users can easily turn any data uploaded to Foggie into an NFT with just a few simple steps, and performing data storage, sharing, trading, and rewarding operations. Drops allows users to effortlessly transform their data into NFTs, own ownership rights over their data, and benefit from the liquidity and value of NFTs. Additionally, by issuing relevant NFTs, users can control data access authorization, ensuring data security and privacy.

In the future, Foggie will also support other Dapps:

Personal AI: Foggie will run a user's personalized AI model, utilizing the personal data stored in Foggie to train an AI robot tailored to the individual. This will enhance productivity and convenience in personal life while ensuring data security. It aims to promote the widespread adoption and practical application of AI.

Conclusion: the future of DMC and Web3

DMC will collaborate with the entire Web3 community to provide stable and reliable storage infrastructure for Web3 projects, users, and developers, enabling users to benefit from the Web3 ecosystem.With the efforts of DMC, the development of Web3 will flourish, the digital economy will continue to thrive, and the value of data will be realized. DMC token listing on centralized exchanges marks a significant milestone in the blockchain industry, and we look forward to its positive impact on the future development of the digital economy.

In the blockchain industry, new projects and platforms are constantly emerging, injecting new vitality into the industry's development. Etch Market is one of these new participants. It is an indexer, marketplace, and launchpad based on the Ethereum subscription protocol. The following article will provide a detailed introduction to the various functions, features, and future development plans of Etch Market. Let's explore this new platform together.

Etch Market: A Community-Driven Innovative Force

Etch Market, this name has attracted widespread attention in the blockchain industry. As the first community-driven Ethereum subscription protocol (ethscription protocol) indexer, marketplace, and launchpad, the emergence of Etch Market has undoubtedly injected new vitality into the Ethereum ecosystem.

Etch Indexer: A Powerful Ethscription Protocol Indexer

The core of Etch Market is a powerful ethscription protocol indexer, which can quickly and accurately index all ethscriptions and categorize them, including Tokens, domains, NFTs, images, texts, videos, and audio. The existence of this indexer makes it more convenient for users to search for and trade ethscriptions, greatly improving the efficiency of the market.

Etch Market: A Safe and Reliable Trading Market

The market part of Etch Market is a marketplace that verifies and categorizes tokens, domains, and NFT collections. The emergence of this market has solved the security problem for users when purchasing ethscriptions. As long as the ethscription has a green check mark, it means that it is a real and valid ethscription that has been verified, and users can buy it with confidence.

DERC-20 Protocol: Innovative Token Ethscriptions Trading Method

The innovation of Etch Market is also reflected in the DERC-20 protocol it proposed. The DERC-20 protocol is an extension of the ERC-20 protocol and is a divisible solution for ERC-20. The emergence of this protocol allows users to trade Token ethscriptions more flexibly, greatly improving the liquidity of the market.

Etch Launchpad: A Launchpad for Creators

Etch Market also provides a launchpad called Etch Launchpad, which provides a simple, permission-free model for ethscription NFT fair launches for ethscription creators. The emergence of this platform provides a platform for creators to display and sell their works, and also provides more purchase choices for users.

Future Development Plan of Etch Market

The future development plan of Etch Market is also very exciting. According to its announced roadmap for 2023, Etch Market will successively launch a series of new functions and services in the next few quarters, including ethscription market V1, support for NFT collection transactions, DERC-20 protocol online, Etch Launchpad, support for domain transactions, ethscription search indexer, ethscription indexer open source, and a fully decentralized market (Etch Marketplace V2).

Conclusion

In general, Etch Market is a project full of innovation and foresight. It plays an important role in the Ethereum ecosystem and provides a safe and efficient platform for users to better use the ethscription protocol. The emergence of Etch Market has undoubtedly injected new vitality into the Ethereum ecosystem, and we look forward to seeing the development and success of Etch Market in the future.

On July 25th, 2023, PlugChain was invited to attend the Tokyo Web3 Infinity conference, making a significant appearance at the event. They showcased their leading position and technological advantages in the public chain space to the attendees.

The Tokyo Web3 Infinity conference is a prominent event focused on Web3 technology and the crypto economy. It brought together renowned KOLs, political figures, and project founders from Japan, as well as attracting numerous Chinese communities, institutional investors, and Web3 developers. With over 400 participants, the event was vibrant and lively.

At this grand gathering, PlugChain had the opportunity to showcase its prominent position in the public chain field, demonstrating its global recognition and influence. The community ambassadors of PlugChain provided vivid and informative explanations about the importance and future development prospects of public chain technology. They emphasized PlugChain’s unique technological advantages in the public chain space and presented the significant progress made in various ecological components like PUSD, Very5, PLUG browser, and GxSwap.

During the Tokyo Web3 Infinity conference, PlugChain not only attracted a large number of participants, creating a lively atmosphere, but also received high attention and recognition from the attendees. They showed great anticipation for PlugChain’s future development and expressed a desire to collaborate with more institutions and the PlugChain community to explore further partnership opportunities.

“We are deeply grateful for the official invitation to the Tokyo Web3 Infinity conference. Participating in such an event has provided us with a unique platform for communication, enabling us to share our achievements in public chain technology and ecosystem development with industry experts, tech enthusiasts, and project founders,” said the PlugChain community ambassadors. They also expressed optimism and high expectations for the future development of the public chain. As a key player in the Web3 ecosystem, PlugChain will continue to dedicate itself to driving innovation in public chain technology, constructing a more robust ecosystem, and providing users with enhanced decentralized application experiences.

Looking ahead, PlugChain will uphold its values of openness, transparency, and sharing, and will continue to explore the limitless possibilities of blockchain technology in collaboration with the global community and partners.

PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas！

Website: https://plugchain.io

Twitter: https://twitter.com/Plugchainclub @Plugchainclub

Telegram: https://t.me/plugchain

Discord: https://discord.gg/GdpPzUt89EYoutube: https://www.youtube.com/channel/UCW4s0YFA7y1qYis1eW3Wcog

Medium: https://officialplugchain.medium.com/NFT Market：https://very5.com/

GitHub:https://github.com/oracleNetworkProtocol/plugchain

Official Email：officialplugchain@gmail.com

#PlugChain #Pando #Very5 #Gxswap #Oracle #prc20 #web3

FilFiis a DeFi protocol that promotes the liquidity of Filecoin assets, providing basic services such as joint nodes, liquidity staking, and computing power transactions. Filecoin ecosystem are welcome to joinFilFi.

The first batch of ten technical service providers to join 

FilFiwill become the founding members of theFilFiSP Alliance(FSPA) and core partners of theFilFi ecosystem.

Please check community information for SP alliance application and rights:https://discord.com/channels/1085483201612484679/1107860388625780766/1131539405744644106

Technical Service Provider Application Threshold

1. As a technical service provider, should have operated in the Filecoin ecosystem for more than one year;

2. Provide the current operating computing power scale , and the operating computing power scale is not less than 10P;

Details are showed in the community proposal:https://discord.com/channels/1085483201612484679/1107860388625780766

Technical Service Provider Evaluation Dimensions

1. The total computing power of the operation node is not less than 10P;

2. At least have one node have created more than 540 days;

3. Within one year, the average output efficiency of at least two nodes shall not be less than 95%;

4. At least one node has DC computing power;

5. No large-scale penalties for computing power violations

The technical service providers who are “qualified” and “excellent” in the comprehensive evaluation of the above dimensions will pass the review.

Technical Service Provider Application Process

It takes 3–5 days to complete the whole process, please make reasonable arrangements according to your needs, the specific process is as follows:

1. Submit information:Technical service provider application submission linkhttps://www.wjx.cn/vm/tSj3ajH.aspx

2. The ommunity will review after receiving the application within 2 days, the technical ambassador will conduct a comprehensive assessment of the operating node number, send a feedback email, and send a signature verification message as well as the node number that needs to verify the signature to the technical service provider that has passed the assessment;

3. Signature Verification:The technical service provider completes the node signature verification within 24 hours, and submits additional online materials according to the email requirements;

4. Community Announcement:After the technical ambassador verifies the signature of the node, the new technical service provider information will be announced on Discord;

5. Add to whitelist:The 

FilFidevelopment team will add it to the whitelist according to the relevant information provided by the technical service provider;

6. Technical Training:For technical service providers, please refer to the relevant operating documents https://note.youdao.com/s/6LarPrlQ. If you have any questions, you can make an appointment for training sessions.

7. Officially participate in node construction:Technical service providers follow the 

FilFiagreement and formally participate in the construction ofFilFinodes.

Encrypted assets are digital assets based on blockchain technology, which have the characteristics of decentralization, non-tampering, and programmable. The value discovery of encrypted assets refers to the market's assessment and reflection of the demand, supply, utility, potential and risk of encrypted assets. The value discovery of encrypted assets is a complex process, which is affected by various factors and market forces, such as technological innovation, legal regulation, market sentiment, network effects, etc.

To discover new value in the encrypted asset market through analysis and forecasting, you need to master some basic skills and methods:

• Learn how to read and understand crypto asset price charts, including candlesticks, trendlines, volume, and more.

• Learn how to use some technical indicators, such as moving average, relative strength index, Bollinger bands, etc., to judge the price trend and volatility of encrypted assets.

• Learn how to identify graphical patterns such as triangles, head and shoulders, double tops, etc. to predict price breakouts and reversal points for crypto assets.

• Learn how to analyze the fundamentals of encrypted assets, including white papers, teams, leadership, market demand, competitive advantages, etc., to evaluate the intrinsic value and potential of encrypted assets.

• Learn how to follow the news and trends of the encrypted asset market, including laws and regulations, technological innovation, social events, etc., to understand the risks and opportunities of the encrypted asset market.

The above are just some basic skills and methods, there are many more skills and methods that can be learned and applied. To discover new value in the encrypted asset market through analysis and prediction requires continuous learning and practice to improve one's judgment and decision-making power.

What are the misunderstandings and pitfalls in the value discovery of encrypted assets

Discovering the value of encrypted assets is a challenging job, and there are some misunderstandings and traps that may affect our judgment and decision-making. Based on experience, the following points are summarized:

• Overconfidence: This is a common psychological bias in which people are overly optimistic or certain about their beliefs, judgments, or abilities, while ignoring evidence, risks, or feedback. In the value discovery of encrypted assets, overconfidence may cause us to blindly trust our intuition, experience or prediction, and not willing to consider other possibilities or perspectives, thus missing opportunities or suffering losses.

• Anchoring: This is another common psychological bias in which people are influenced by the first information or number when making a decision, which affects subsequent evaluations or choices. In the value discovery of encrypted assets, anchoring may cause us to be too dependent or stubborn on the price, trend or rating of a certain encrypted asset, and not willing to adjust our expectations or strategies, thus missing better transactions or investments.

• Status quo: This is a more insidious psychological bias in which people tend to maintain their current status or choices rather than change or try new things. In the value discovery of encrypted assets, the status quo may cause us to be too dependent or satisfied with a certain encrypted asset or platform, and we are unwilling to explore other possibilities or opportunities, thus limiting our vision and potential.

• Favorable Evidence: This is a more subtle psychological bias in which people tend to seek out and focus on evidence that supports their opinion or hypothesis, while ignoring or excluding evidence that is contrary or inconsistent. In the value discovery of encrypted assets, favorable evidence may cause us to be too optimistic or pessimistic about a certain encrypted asset or market, and unwilling to accept new information or feedback, resulting in cognitive distortion or decision-making mistakes.

There are more pitfalls that may exist. In the value discovery of encrypted assets, we need to maintain an open and cautious attitude, constantly learn and analyze, and avoid being affected by psychological bias.

How to deal with the misunderstandings and pitfalls in the value discovery of encrypted assets

Misunderstandings and traps in the value discovery of encrypted assets may affect our judgment and decision-making, causing us to miss opportunities or suffer losses. In order to avoid these psychological biases, we can take the following measures:

Be humble and introspective: We need to recognize that we are not omniscient and omnipotent, and that our knowledge, experience, and intuition may all be limited, outdated, or wrong. We need to regularly examine our beliefs, judgments, and behaviors to see if there is reason to support them, if there is new evidence or feedback to consider, and if there are better options or solutions to try.

Seeking diverse and objective information: We need to obtain and analyze information related to encrypted assets from multiple channels and angles, including prices, trends, ratings, news, dynamics, etc. We need to avoid focusing on and trusting only the sources of information we like or are familiar with, while ignoring or excluding other sources of information. We need to avoid seeking out and focusing only on information that supports our views or assumptions, while ignoring or excluding information that is contrary or inconsistent with it.

Establish reasonable and flexible expectations and strategies: We need to establish reasonable and flexible expectations and strategies based on the intrinsic value and potential of encrypted assets, as well as the risks and opportunities of the market. We need to avoid being too optimistic or pessimistic, too stubborn or casual, too eager or hesitant. We need to adjust our expectations and strategies in a timely manner based on new information or feedback to adapt to changes in the market.

Control emotions and impulses: We need to recognize that emotions and impulses may interfere with our rational thinking and decision-making, leading us to make wrong or regretful choices. We need to avoid making important decisions in an emotional or impulsive state, and instead calm down before analyzing and evaluating. We need to avoid being influenced by market sentiment or social pressure, but stick to our own judgment and principles.

The above are just some basic methods, there are many more methods that can be learned and applied. To deal with the misunderstandings and traps in the value discovery of encrypted assets, it is necessary to continuously learn and practice to improve one's psychological quality and decision-making ability.

How to find new value discoveries based on developments in technologies such as Web3 and AI

Web3 refers to a decentralized network built on blockchain technology, which aims to achieve goals such as data sovereignty, digital identity, and open protocols. AI refers to technology that uses computer models to simulate human intelligence, and it can be used to generate various types of content, such as text, images, audio, and video. Web3 and AI are two rapidly developing and changing fields, which have an important role and influence in the crypto asset market.

Looking for new value discovery based on the development of technologies such as Web3 and AI, we need to pay attention to the following aspects:

• Blockchain-based financial services and products: The encrypted asset market will not only be a tool for investment and trading, but a platform that provides more financial services and products, such as lending, insurance, derivatives, stable coins wait. These services and products will take advantage of the advantages of blockchain technology, such as decentralization, transparency, security, and efficiency, to provide users with more choices and convenience.

• Metaverse-based digital assets and economy: The encrypted asset market will be closely integrated with the metaverse to provide users with more digital assets and economic opportunities, such as non-homogeneous tokens (NFT), game tokens, Virtual land, virtual items, etc. These digital assets will have real value and usage scenarios in the metaverse, creating more experience and benefits for users.

• Encrypted assets and communities based on social influence: The encrypted asset market will be more integrated with social media and content creation platforms, providing users with more encrypted assets and communities, such as fan tokens, creator tokens, social tokens, etc. . These encrypted assets will reflect users' influence and contributions on social media and content creation platforms, providing users with more recognition and rewards.

• Digital assets and economy based on AI technology: In the era of widespread application and innovation of artificial intelligence technology in various fields and industries, it will have a profound impact on the value discovery of digital assets. On the one hand, the AI era will spawn more digital assets, including data, algorithms, models, platforms, etc. These digital assets will become important resources for companies and individuals to create value and competitive advantages. On the other hand, the AI era will also improve the efficiency and accuracy of the value discovery of digital assets. By using AI technology for data analysis, market forecasting, risk assessment, etc., the potential value and demand of digital assets can be better revealed.

The above are just some possible new value discoveries, and there are many more possibilities. Finding new value discoveries based on the development of technologies such as Web3 and AI requires maintaining sensitivity and insight into technological innovations and market changes.

What new value discoveries will the encrypted asset market have in the future?

From a global perspective, the future encrypted asset market may have the following new value discoveries:

• Encrypted asset interoperability based on cross-chain protocols: With the development of different blockchain networks and platforms, the encrypted asset market will face fragmentation and isolation. In order to realize data and value circulation between different blockchain networks, cross-chain protocols will become an important technical solution. The cross-chain protocol can enable interconnection between different blockchain networks, thereby enhancing the liquidity, scalability and security of encrypted assets.

• DAO-based encrypted asset governance model: With the rise of decentralized autonomous organizations (DAO), a new governance model will emerge in the encrypted asset market. DAO is an organizational form based on smart contracts, which allows participants to jointly determine the goals, rules and actions of the organization through voting and other means. DAO can allow encrypted asset holders to have more voice and control, thereby improving the fairness, transparency and efficiency of encrypted assets.

• Encrypted asset security based on privacy protection technology: With the expansion of the encrypted asset market, privacy protection technology will become a necessary technical means. Privacy protection technology allows users to protect their identities, data and transaction information when using encrypted assets, preventing them from being monitored, tracked or leaked. Privacy protection technologies include zero-knowledge proof, homomorphic encryption, currency mixing, etc.

The above are just some possible new value discoveries, and there are many more possibilities. Starting from the overall situation, predicting what new value discoveries will be made in the encrypted asset market in the future requires consideration of various factors and trends, such as economic situation, political situation, monetary policy, etc.

Summarize

This article introduces what is the value discovery of encrypted assets, how to do a good job of new value discovery in the encrypted asset market through analysis and forecasting, how to find new value discovery based on the development of technologies such as Web3 and AI, and predict future encryption from a global perspective What new value discoveries will be made in the asset market. This article also summarizes the misunderstandings and pitfalls in the value discovery of encrypted assets, and provides some countermeasures. This article aims to provide interested readers with some basic knowledge and references to help them better understand and participate in the encrypted asset market. Encrypted assets are a field of constant innovation and change, and its value discovery is also a dynamic and complex process. Therefore, this article does not constitute any form of investment advice or recommendation. Readers should conduct sufficient research and analysis based on their own circumstances and goals, and make informed decisions.

FlerkenS is a decentralized personal AI application platform, based on the Web3 network that helps users achieve digital transformation, and provides users with borderless digital and intelligent services.

FlerkenS builds an AI market, an AI publisher, and an open and scalable general artificial intelligence (AGI) system. AI-DSL enables AI applications and services of different types and fields to collaborate and interact with each other, through personal vectors Database (Personal Vector Database) + Langchain Technology Solution (Langchain Technology Solution) + large-scale model technology implementation path, allowing users to obtain personalized AI services, and realize point-to-point with service providers under AI technology in a distributed network environment The connection to build a distributed AI intelligent business and a distributed AI economy.

The first application of FlerkenS: Smart career planning based on Web3+AI, which can provide personalized career development suggestions based on users' personal information, interests, abilities and goals, including career planning, training and career recommendations wait. It can also help users solve workplace problems and improve professional skills and confidence through dialogue and interaction.

Blockchain technology, a distributed, decentralized data storage and transaction system, has seen significant growth and widespread adoption in recent years. However, despite its many advantages, it also faces a number of challenges that may have an impact on its further promotion and popularization.

First, transaction speed is an important challenge for blockchain. Due to the design principles of blockchain and the limitations of the consensus mechanism, the transaction processing speed of the current mainstream blockchain network is relatively slow. This means that the transaction confirmation time may be prolonged under high load conditions, thus limiting the practical application scenarios and scalability of blockchain.

Second, blockchain security is also a key issue. Although blockchain has a high level of security based on cryptography and decentralized mechanisms, attacks such as Miner Extractable Value (MEV) bots still exist.MEV bots take advantage of information asymmetry by optimizing the order of transactions and selectively packing transactions. Such behavior may not only lead to unfair transactions, but also negatively affect the normal operation and credibility of the entire blockchain network.

Finally, cost is another important challenge facing blockchain. With the expansion of the blockchain network and the increase in transaction volume, the cost of gas on mainstream blockchain platforms such as Ether has gradually risen. This makes it expensive for the average user or small transactions, limiting the widespread adoption of blockchain technology. Solving this problem requires finding innovative mechanisms and technologies that reduce transaction costs.

While blockchain faces a number of challenges, some solutions are emerging as the technology continues to evolve and innovate. For example, transaction processing speed can be improved by introducing sharding and parallel EVM technology; the use of PBS technology and load-sharing sharding mechanism can better prevent MEV attacks; and decentralized exchanges and Layer 0 bridging can help achieve interoperability between different blockchains. These innovations will further promote the progress and development of blockchain technology and support the expansion of its application scope.

ZippyChain: a parallel EVM PoS blockchain based on sharding

ZippyChain is a sharding-based parallel EVM PoS blockchain project. It aims to address some of the challenges faced by traditional blockchain technology, such as low transaction speeds and high gas charges.

ZippyChain achieves a high throughput transaction processing capacity of up to 25,000 TPS. this allows users to perform a large number of transactions on a fast and efficient blockchain network, increasing the scalability and utility of the system. It is also designed with low gas charges, allowing users to complete transaction operations at a much lower cost.

Security is also a key concern for ZippyChain. In order to resist MEV attacks, the project has built-in corresponding security mechanisms and precautions to ensure the fairness of transactions and the stability of the network. In addition, ZippyChain creates an ecosystem with a flywheel effect by providing services without gas fees through the built-in DeFi (Decentralized Finance) and AI algorithms to train DAPPs (Decentralized Applications).

Additionally, ZippyChain enables the training of distributed AI (e.g., large-scale language models) through GPU crowdsourcing and parallel EVM technology. This innovative approach allows multiple participants to share their GPU resources, speeding up the training of AI models and boosting the potential of blockchain applications in AI.

As a cross-chain project, ZippyChain also provides Layer 0 bridging functionality, enabling interoperability with other blockchain platforms (e.g., Ether, BSC, BTC, etc.), providing users with more options and flexibility.

It is worth mentioning that ZippyChain also has an excellent global operations and marketing team. They will be committed to driving the development and promotion of the project to create better blockchain experiences and application scenarios for users.

Solutions

ZippyChain provides the following solutions to the above challenges currently facing blockchain technology:

1、High TPS

In order to improve transaction processing speed, ZippyChain adopts load-sharing sharding and parallel EVM technology. Each slice has its own slice chain, which evenly divides blocks into blocks of different slices and allows communication between slices. This design allows the shards to confirm transactions in parallel, thereby increasing overall throughput. By adding more slices, the processing speed of the system will be further increased.

2. Resistance to MEV attacks and security

In order to resist MEV attacks and ensure security, ZippyChain adopts mechanisms such as PBS (proposer and builder scheme) and load-sharing slicing.In the PBS scheme, the proposer aggregates transactions into blocks in parallel, and the builder selects the block with the highest gas cost for confirmation. Meanwhile, similar sender addresses will be collected into the same block to avoid conflicts in parallel execution. In addition, load-sharing slices also confirm transactions in blocks, and as the number of slices increases, the block size decreases, thus reducing the impact of MEV. To further improve security, ZippyChain uses a Proof of Stake (PoS) mechanism for protection and randomly assigns and reassigns verifiers to each slice via VDF+VRF.

3、Low gas cost

In order to reduce gas costs, ZippyChain also uses load-sharing sharding and parallel EVM technology. Each slice has its own slice chain and allocates transactions to different blocks in parallel. The dependencies of transactions are attached to the blocks as metadata and are acknowledged in parallel on each shard chain. By adding more chunks and parallel confirmations, the system can achieve higher processing speeds, which reduces the gas cost of transactions. In addition, ZippyChain employs fast consensus mechanisms, such as the fBFT consensus mechanism and the vBLS multi-signature scheme, to improve overall efficiency.

Project Features

Zippy is noted for its high speed, low cost, scalability, security and resistance to MEV attacks. Specifically, it has the following features:

1. High speed and low cost

Zippy is known for its high throughput and low gas costs. It uses technologies such as sharding and parallel EVM to achieve transaction speeds of up to 25,000 TPS, and reduces the cost of transaction operations through optimized design.

2. Fully Scalable

As a sharding-based blockchain project, Zippy has good scalability. Each shard has its own sharding chain, allowing multiple shards to run simultaneously, thus increasing the processing power of the entire network.

3. Security and Fairness

Zippy is committed to guaranteeing the security and fairness of the system. The security of the network is ensured through the use of Proof of Stake (PoS) mechanism and random assignment of authenticators. In addition, mechanisms such as the PBS scheme and load sharing slicing are introduced to resist MEV attacks and ensure fairness of transactions.

4. Resisting MEV Attacks

In order to counter MEV attacks, Zippy adopts a variety of strategies. Among them, the PBS scheme effectively reduces the risk of manipulating the transaction order by aggregating transactions and selecting blocks with high gas charges for confirmation. Meanwhile, the load-sharing slice design avoids conflicts when executing transactions in parallel, further enhancing the security of the system.

5. Built-in free innovative DeFi and AI DAPPs

Zippy has built-in DeFi and AI algorithms for training DAPPs, and users can enjoy no gas fees on these applications. This design brings more opportunities for developers to innovate and also provides more choices and convenience for users.

6、Cross-chain Layer 0 bridging

As a cross-chain project, Zippy is equipped with Layer 0 bridging capabilities to achieve interoperability with other blockchain platforms. This allows users to freely transfer assets and data between different blockchain networks, expanding application scenarios and cooperation possibilities.

Core Technology

Zippy's core technologies include the following:

1. Sharding and Parallel EVMs

Zippy adopts load-sharing sharding and parallel execution technology based on Ethernet Virtual Machine (EVM). By dividing blocks into different slices and allowing communication between slices, transactions can be processed in parallel, increasing overall throughput and processing speed.

2. Preventing MEV Attacks

Zippy introduces PBS (proposer and builder scheme) technology and load-sharing slicing to protect against MEV attacks. the PBS scheme reduces the risk of manipulating the order of transactions by aggregating transactions and selecting the block with the highest gas cost for confirmation. Load-sharing sharding, on the other hand, avoids conflicts when executing transactions in parallel and enhances the security and fairness of the system.

3、Consensus Mechanism

Zippy adopts the fBFT consensus mechanism and BLS multi-signature scheme, combined with Proof of Stake (PoS), to ensure the consensus and security of the network. These mechanisms ensure the stability and decentralized characteristics of the blockchain through the verifier's vote and random allocation.

4、Cross-chain Layer 0 bridging

As a cross-chain project, Zippy has the ability of Layer 0 bridging, which allows cross-chain light client interaction with other blockchain platforms. This means that Zippy can realize asset and data interoperability with Ether, BSC, BTC and other platforms, expanding application scenarios and cooperation possibilities.

5. Randomized Algorithm

To ensure randomness and fairness, Zippy uses randomized algorithms such as VDF (Verifiable Delay Function) and VRF (Verifiable Random Function). These algorithms can be used for random allocation and reallocation of verifiers to ensure balanced rights and interests of each participant in the system.

6, decentralization and collaborative artificial intelligence

Zippy also introduces decentralization and collaborative artificial intelligence into its technology system. Through incentive mechanisms and data processing schemes, Zippy implements parallel and decentralized AI training, such as large-scale language models (e.g., ChatGPT), using GPU crowdsourcing and parallel EVM for training. Meanwhile, parameters, rewards, and penalties for AI algorithms are managed on the blockchain, enabling commission-free AI usage with transparency and easy transactions.

Conclusion

ZippyChain is a sharding-based parallel EVM PoS blockchain project that aims to address some of the challenges faced by traditional blockchain technology. It claims to enable high throughput transaction processing power and reduce gas charges to improve the scalability and economics of the system.

The project has a strong focus on security, ensuring fairness of transactions and stability of the network through built-in mechanisms to guard against MEV attacks. In addition, ZippyChain provides cross-chain interoperability, connecting with other blockchain platforms through the Layer 0 bridging feature.

In addition to this, ZippyChain has explored application scenarios related to DeFi and AI algorithms for training DAPPs, aiming to create more possibilities and value for users.

However, the actual performance and results of the ZippyChain project need to be further observed and evaluated to fully assess its potential and reliability in the blockchain space. It is also necessary to consider the impact of factors such as competitive pressure, technical difficulties and market acceptance on the project.

HashNut: Web3 Payment Platform for Enterprises

HashNut is a Web3 payments platform built on blockchain technology, aiming to provide fast, easy-to-use and secure commercial crypto payment solutions for businesses.

HashNut was first proposed in 2019 and founded in Singapore in 2021. Its development began in 2020 with the launch of its Web 2.5 encrypted payment product in 2021 and the world's first true Web3 commercial encrypted payment platform in 2022. As a Web3 business encrypted payment solution, HashNut aims to be the Web3 version of PayPal and establish a reputation as the easiest, fastest and most secure in the market.

HashNut allows businesses to easily integrate a payment solution into their website or app and accept cryptocurrency payments. Customers can enjoy a smooth payment experience comparable to WeChat Pay and PayPal.

The core concept of HashNut is to allow businesses to deploy smart contracts on their own for integration with the enterprise platform. The platform provides businesses with an extremely fast integration process that takes only 5 minutes to complete. Once the integration is complete, businesses can start accepting cryptocurrency payments on their website or app.

On HashNut, clearing, settlement, and escrow rely entirely on smart contracts, which can go some way to ensuring that transactions are transparent and secure. Based on this, merchants don't need to worry about theft or misappropriation of funds, as the funds are stored in their own deployed contracts, and they are free to withdraw all the funds at any time without any need to go through manual auditing.

At the same time, HashNut uses anonymized merchant authentication. This means that merchants can start using HashNut simply by using a crypto wallet without having to submit any personal information, protecting their privacy to a certain extent.

In addition, merchants can deploy contracts through the HashNut merchant system and use the address of their deployed contracts as the payment address for their orders. The contracts deployed by each merchant can be considered as separate collection accounts, which enhances payment flexibility and security.

It is worth mentioning that HashNut also has an open rate strategy. Merchants are charged low fees during contract deployment and the rates are made public on the blockchain, which ensures transparency and predictability of rates. Merchants can use HashNut without worrying about rate changes.

Project Advantages

HashNut has a complete DeFi (Decentralized Finance) architecture designed to provide businesses with a simple and secure cryptocurrency payment solution. Compared to traditional payment gateways, HashNut has significant advantages.

First, HashNut is able to automatically deploy smart contracts and integrate them in as little as 5 minutes. This allows businesses to easily customize and quickly enable payment solutions that meet the needs of businesses of all sizes. Both small and medium-sized businesses as well as large enterprises can enjoy an efficient and convenient payment experience with HashNut.

Secondly, HashNut utilizes a complete DeFi architecture to ensure absolute security of funds. All transactions take place on the blockchain and are executed through smart contracts, ensuring transparency and traceability. This means businesses can make cryptocurrency payments with confidence, eliminating the need to trust third-party organizations. At the same time, HashNut's security mechanisms effectively protect transactions from fraud, theft, and other security threats.

In addition, HashNut has excellent transaction speeds. Using high-performance blockchain technology, HashNut can achieve second confirmation times, providing users with a smooth and fast payment experience. This is especially important for businesses that require fast settlements, such as online retailers and restaurants.

For businesses looking to embrace the potential of cryptocurrency, HashNut represents an important advancement in the business world. Its user-friendly interface, fast transaction speeds, and robust security features make it the payment solution of choice for businesses of all sizes and industries.

At the same time, HashNut's impact does not stop at providing payment solutions. With HashNut, companies can develop new and exciting products and services that create more business opportunities. With HashNut as a foundation, enterprises can build smarter, decentralized business models that promote innovation and growth.

Patented Technology

HashNut has a large number of patented technologies that provide solid support for its current and future versions.

To date, HashNut has been granted a total of 78 patents for inventions in the United States, Europe, Asia, and elsewhere, including 7 international PCT patents.

These patents cover HashNut's innovations and uniqueness in the field of crypto payments. Through patent protection, HashNut ensures the exclusivity of its technology while conveying important information to the market about the value of the project and its ability to innovate.

These patented technologies provide HashNut with a range of core features and benefits. For example, they may relate to key aspects of HashNut's smart contract architecture, payment process handling, and security verification mechanisms. Through these patented technologies, HashNut is able to provide fast, secure and reliable cryptographic payment solutions that meet the high demands of businesses and users for payment experiences.

In addition, HashNut's patented technologies may include innovations related to blockchain technology, data privacy protection, and risk management. These technologies provide important support for HashNut to maintain a competitive edge in the ever-changing cryptocurrency and payments industry.

The Team

HashNut's team consists of diverse members from around the globe. They have a wealth of experience and expertise in a variety of fields and have made significant contributions to the development of the project.

The technical team is a crucial part of the HashNut team. Team members include former front-end leads, architects and senior developers from WeChat Pay, Tencent Blockchain and PayPal. These members have accumulated at least 6 years of experience in blockchain protocol development and have a background of 5 to 15 years in the e-payment space. Their extensive experience enables HashNut to design and develop crypto payment solutions that are innovative, robust and competitive.

The commercial team is also one of the key factors in HashNut's successful development. The team consists of industry professionals such as the former Global Head of VISA Direct, a senior Cisco executive and the co-founder of Legend Computers. They have over 100 years of collective experience and extensive payments and technology industry knowledge. Members of the commercial team play key roles in marketing, strategic planning and business development, providing HashNut with deep industry insight and business acumen. They are committed to driving the growth of HashNut's market share and brand presence globally.

In addition to the technical and commercial teams, the HashNut team has a dedicated operations and customer support team. This team is responsible for the day-to-day operations of the program, ensuring smooth partnerships and efficient customer service. They provide customers with a quality experience by resolving issues in a timely manner, responding to user feedback, and providing technical support.

Conclusion

HashNut is a business crypto payment solution based on blockchain technology. The project aims to provide businesses with a simple, secure and efficient payment solution that enables them to accept cryptocurrency payments.HashNut features a fast integration process and anonymized merchant identity verification, which provides convenience and privacy protection for merchants.

HashNut's team consists of professionals from different fields with extensive experience and knowledge. The technical team has deep expertise in blockchain technology and smart contract development, while the commercial team is responsible for marketing and business opportunity development. The diversity of team members can contribute to the success of the project.

In addition, HashNut adopts a complete DeFi architecture with high-performance transaction speed. These features can provide users with a secure and smooth payment experience. The project also offers the ability to automatically deploy smart contracts, adding flexibility and security to payments.

But while HashNut has a competitive advantage in the commercial crypto payments space, it also needs to cope with fierce competition and changing demands in the market. The project team needs to continue to improve and innovate to ensure the long-term success of the project and user satisfaction.

Influential figures such as heads of global funds, government officials, investors, business owners and promising startups come together in Dubai to shape the future of cryptocurrencies and Web3 at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena. 

Watch the epic trailer of the event: https://youtu.be/WCC_w90THWs 

The event remains as a meeting point for Crypto Whales, attracting over 7,000 visitors from 120 countries.

Attendees can look forward to informative sessions led by leaders in the crypto industry, innovative expo featuring 100 companies and amazing networking with key decision makers. 

Over 80 speakers are going to share their analytics and world-changing ideas. Among them: 

Hurry up and buy your ticket now: blockchain-life.com/asia/en/ 

Public AI is a platform that provides original datasets for AI companies to perform labeling and structuring. This platform allows anyone to join and annotate data for AI companies, thereby earning stable coin income. The team behind PublicAI consists of experts with deep backgrounds in AI research. They have published over 316 research papers in top conferences and journals, covering various aspects of the AI field, from fundamental theory to practical applications. Furthermore, they have authored three books in the field of AI, further demonstrating their expertise and depth of knowledge in this domain.

Team

The team members of PublicAI include Professor Zhen Li, who is a professor at the Chinese University of Hong Kong, Shenzhen, and the Director of Deep Bit Lab. He is an outstanding AI researcher at Nanfang Hospital and has won the championship in the global Critical Assessment of Protein Structure Prediction (CASP12). He has published over 50 research papers in the field of AI, which have played a significant role in advancing the development of AI.

Another important member of PublicAI is Daksh Joshi, an expert in Web3 product design and on-chain analysis. He was previously a product leader in the research and development team of a top Web3 company in Dubai, with extensive knowledge in DeFi, insurance, and NFT projects. His expertise and experience provide PublicAI with a unique perspective and approach in the field of AI data annotation.

The workflow of PublicAI includes annotation, quality inspection, sampling, delivery, correction, and appeals. This process is driven by AI and utilizes AI-assisted pre-annotation and quality assurance. This approach significantly improves the efficiency of data annotation while ensuring the quality of annotated data.

Workflow

Speaking of PublicAI's workflow and role allocation, specifically, it includes the following steps and roles:

In addition, this process is driven by AI and utilizes AI pre-labeling and AI-assisted quality assurance. This means that during the annotation and quality checking process, AI provides pre-labeled data and quality assurance suggestions to assist human workers in completing their tasks.

Furthermore, this process is token-driven, which means that annotators, validators, and Fisher's work is rewarded with tokens that can be traded on the PublicAI platform.

Moreover, this process also incorporates DID quality control, which is a blockchain-based identity verification method that ensures the quality and traceability of each work step.

Characteristics

In a video material, the team discussed the process of collecting and annotating data for artificial intelligence (AI) systems. The first step involves collecting millions of street view images, followed by pixel-level annotation to identify objects such as cars and traffic lights. Humans need to transfer their knowledge to the AI system so that it can understand what is happening in the images. The third step involves training the AI system using labeled and structured data, utilizing one or multiple graphics cards. The annotation of data is a human process, and AI companies invest significant time and money in this phase.

The video also mentioned the advantages and competitive strengths of different AI projects. It discussed a payment system in particular, which has low commissions and shares a majority of its revenue with the community. This system eliminates intermediaries and utilizes a key payment system to reduce costs. The company also employs AI for data pre-labeling and self-training. The system aims to attract more low-cost workers and minimize issues in the sales system.

The video describes a system where raw data is preprocessed by AI and then labeled by annotators. This reduces the time required for labeling data, allowing workers on the public AI platform to complete more tasks in a shorter period and earn more money. The system also includes AI-assisted spot checks and quality control to ensure high-quality labeled data.

Token Economy

Additionally, the concept of a public AI economy is mentioned, where smart contracts and applications are community-owned. The community can train AI and share in its profits, with the principle being to create a public economy. In the context of Web3, the "win-win" strategy brings real cash flow into these platforms through tokenomics, connecting the raw data set with real-world fiat currency. The goal is to create a sustainable economic ecosystem that supports long-term growth and development. The video also highlights the vulnerabilities of tokenomics and emphasizes the importance of companies investing in these platforms to achieve their objectives.

PublicAI stands out for its close ties with AI research institutions and companies, deep understanding of the AI industry, as well as their AI-assisted pre-annotation and quality assurance. This enables them to provide high-quality annotated data that meets the needs of AI model training.

However, PublicAI's work extends beyond data annotation. They are also committed to building a global workforce by fostering partnerships with AI research institutions and companies, thus providing the AI industry with a larger pool of human resources. Their goal is to establish a sustainable, profit-driven ecosystem that drives the development of the AI industry through revenue earned from training.

The success of PublicAI largely relies on the expertise and experience of their team. Each team member possesses extensive knowledge in areas such as AI research, Web3 product design, and on-chain analysis. This enables them to deeply understand the needs and challenges of AI data annotation, resulting in effective solutions.

PublicAI's working methods and achievements have received widespread recognition within the industry. Their AI data annotation services have been adopted by numerous AI research institutions and companies, all of whom highly praise PublicAI's services. Their success demonstrates that through professional knowledge and innovative approaches, the challenges of AI data annotation can be effectively addressed.

In conclusion, PublicAI represents a rising force in the field of AI data annotation. Through their professional expertise and innovative approaches, they provide high-quality annotated data that meets the requirements for AI model training. Their work has made significant contributions to the development of the AI industry, and their success serves as valuable experience and inspiration for other companies. As the AI industry continues to evolve, we look forward to PublicAI's continued use of their expertise and innovation to make even greater contributions to its development.

“Collaboratively building the new era Filecoin Phase 2 with 100% smart contract-managed nodes.”

We are a group of innovators, we focus on the future, we firmly believe that technological civilization is irreversible, we are the builders of China’s Web3, and we are firm supporters of the IPFS&Filecoin network.

Filecoin launched FVM, FilFi is able to realize 100% management nodes of smart contracts. Filecoin is ushering in the era of smart contract nodes. The FilFi SP alliance will jointly promote Filecoin into a new stage of development — Fil 2. The alliance will achieve completely transparency and contract-level security, extreme liquidity and a new ecological service capability of double incentives.

FDefi(FilFi Defi) is a business opportunity to realize double-layer incentives and improve the attractiveness of the Filecoin network. Relevant partners may have a deep think then make prudent decisions. So they need the most promising community Token among Defi projects.

FilFi has three products:

1. a joint node

2. the full-category product structure of property staking

3. computing power trading

With full service dimensions and service scenarios,FilFicovers the entire ecology of Filecoin network nodes. The contract is open-sourced, but it has a very high technical threshold. AlthoughFilFiis currently ranked 9th in terms of official Total Value Locked (TVL), it’s essential to note that all of these TVLs are relatively new. In mainland China,FilFihas achieved much higher rankings. With the on-chain integration of old nodes and the ongoing development of new products,FilFi is confident that it will emerge as a leading contender in the DeFi space.  

The FilFi community places significant emphasis on compliance construction. The development team is registered in Hong Kong, China, and the legal team is actively engaged in their work. The community is committed to strictly adhering to DAO governance rules.

The early incubation team, SXX, has completely transformed into SP alliance partners, cornerstone investors, liquidity pledge creation pool investment institutions, and computing power trading professional funds. All of these components are now in place. Additionally, the smart contracts have been open-sourced for a considerable period, undergoing meticulous audits by multiple teams.

Furthermore, the community exercises its unique authority by voting on upgrade proposals. To ensure the smooth issuance and exchange of Community Tokens, a professional team has taken charge of promoting this aspect. The listing process can be initiated during the bullish market stage of virtual assets.

Alliance member rights:

Alliance member bonus:

Alliance member application process:

BIG Burn, a Web3 slot machine?

BIG Burn is a decentralized leisure and entertainment platform built on CoreDAO's innovative public chain. The platform aims to provide users with a new entertainment experience and gives them a chance to win great rewards through a unique burn lottery mechanism.

On the BIG Burn platform, users can use tokens to participate in sweepstakes. The way to participate in the sweepstakes is to burn the tokens, i.e., irreversibly destroy the tokens. According to the design of BIG Burn's mechanism, the higher the number of tokens burned, the higher the chance of getting higher rewards. This mechanism incentivizes users to actively participate in the lottery, while ensuring the fairness and randomness of the rewards.

In addition to earning rewards through the Burn Lucky Draw mechanism, users can also get additional rewards through the invitation mechanism. When users successfully invite other people to join the BIG Burn platform and participate in the lucky draw, the tokens burned by the invitees will be rewarded to the inviters according to a certain percentage. This invitation mechanism provides users with another way to increase their earnings and encourages them to actively recommend the platform to others.

Compared to traditional centralized platforms, BIG Burn has several important advantages. Firstly, the platform adopts a decentralized structure where users' funds are not held or kept by the platform, which ensures the safety of users' funds and reduces risks.

Second, BIG Burn's rewards are instantly available and are sent directly to the user's wallet through a smart contract, which allows the user to use or transfer rewards immediately without waiting.

Finally, the openness and transparency of the platform allows all data to be viewed on the blockchain, and users have a higher level of trust in the distribution and process of rewards.

However, as an emerging program, BIG Burn faces some challenges and risks. The market is highly competitive, with similar decentralized entertainment platforms popping up all over the place, attracting users and building a user base is a major challenge. In addition, the stability of the technology and the improvement of the user experience require the platform to be continuously optimized.

Introduction of Economic Model

The economic system of the BIG Burn project is based on a meme coin called BURN, which has a total supply of 14 billion. These tokens are distributed as follows:

1. Initial liquidity addition

In order to ensure the liquidity of the platform, 3 billion BURN tokens in the total supply are used for initial liquidity addition. This will help users to trade smoothly and increase the liquidity of the market.

2. Lottery Rewards

4 billion BURN tokens are used for lottery rewards. When users participate in the lottery, the BURN tokens they use will be used as the participation mark for the lottery. According to the lottery results, lucky users will get additional BURN tokens as rewards.

3、NFT Destruction

In order to enhance the scarcity and value, 6 billion BURN tokens will be used for NFT destruction. This means that some specific NFTs will be completely destroyed by the purchasers, thus reducing the number of available NFTs in the market and thus increasing the value of other NFTs.

4. Treasure Pool

One billion BURN tokens will go into the Treasure Pool. The Treasure Pool can be thought of as a cumulative bonus pool containing a portion of the BURN tokens from sweepstakes and other contributions. These prizes will be distributed under specific conditions, such as through specific tournaments, quizzes, or other activities.

5. Distribution to the team

Finally, 1 billion BURN tokens will be distributed to the BIG Burn team as a reward for their contributions to the program. This ensures that team members are properly incentivized to drive the development and success of the project.

Through the use of a deflationary model, specifically the mass destruction of BURN tokens, BIG Burn aims to create scarcity and provide financial rewards to holders and contributors. The model encourages users to actively participate in raffles and supports the long-term growth of the platform.

BIG Burn's Ecological Roots: CoreDAO

CoreDAO is a public chain project built on the Stoshi Plus consensus mechanism to provide security, scalability and decentralized solutions.

From a technical perspective, CoreDAO blends Bitcoin's Proof of Work (PoW) and Ether's Proof of Stake (PoS) mechanisms. This hybrid model allows CoreDAO to enjoy the advantages of both consensus mechanisms. PoW ensures the security and decentralization of the network, while PoS provides support for network scalability and efficiency.

At the application level, CoreDAO has impressive block-out speeds. The block-out time is only 3-5 seconds per block, which means that transactions can be confirmed quickly and the network is able to process more transactions. This is important for application scenarios that require high throughput and real-time confirmations.

For users, the cost of gas for transactions and interactions using CoreDAO is very low. Compared with other public chains, CoreDAO adopts advanced gas optimization technology, which reduces the transaction cost for users. Users can freely initiate transactions and participate in smart contract operations according to their needs without worrying about excessive fees.

For developers, CoreDAO's compatibility is also an important advantage. It supports Ethernet Virtual Machines (EVMs), which means that developers can deploy their applications developed on Ethernet directly on CoreDAO, reducing migration costs and development time.

Although CoreDAO is still in its early stages, it demonstrates great potential through its innovative technical architecture and positive development dynamics. As more developers and users get involved, we can expect CoreDAO to become a thriving ecological and powerful public chain project.

Conclusion

BIG Burn is a decentralized leisure and entertainment platform built on CoreDAO public chain, which provides users with a brand new entertainment experience through a unique burning lottery mechanism and empowers them with the opportunity to get great rewards. The platform features decentralized architecture, security and transparency.

However, as an emerging program, BIG Burn faces the challenges of a competitive market and technical stability. Attracting users and building a user base is key, while continuous optimization of technology and user experience is required.

Looking ahead, with the popularity of blockchain technology and decentralized applications, BIG Burn is expected to become a popular entertainment platform. Through continuous improvement and innovation, the platform can increase user engagement and attract more partners and developers to the ecosystem. In addition, cooperation with other related industries can bring more opportunities to the platform.

However, to achieve these goals, BIG Burn needs to make continuous efforts in marketing, user experience, and technical stability. At the same time, the platform also needs to pay close attention to changes in the regulatory environment and the evolution of user needs, as well as address possible security issues and risks.

The Web3 Venture Capital industry is one of the most visible sectors today, focusing on supporting and investing in startups and projects that are driving innovation in Web3 technology and blockchain, which represents a profound improvement and revolutionization of the traditional Internet model, aiming to build a more decentralized, transparent, secure, and user-driven Internet ecosystem.

Many forward-looking and promising tracks have emerged in the Web3 Ventures industry, including Decentralized Finance (DeFi), Distributed Applications (DApps), Digital Identity, Smart Contracts, and Data Ownership. Through the introduction of blockchain technology and cryptography, Web3 provides users with greater privacy protection, control over personal data, and decentralized decision-making mechanisms. This decentralization-based architecture makes traditional intermediaries unnecessary, which reduces transaction costs, enhances security, and creates a broader space for entrepreneurs and developers to innovate.

However, the Web3 venture capital industry also faces a number of challenges. First, the maturity and scalability of the technology is a major issue, with limitations in network throughput, transaction speed and energy efficiency needing to be addressed.

Second, uncertainty in the regulatory environment is an important consideration for investors and entrepreneurs. Regulatory policies and regulations for digital assets are not well developed in different jurisdictions, which creates certain risks and uncertainties for the industry.

In addition, the fierce competition in the market also puts higher demands on entrepreneurs and project teams, requiring technical prowess, business insights, and good marketing strategies.

Despite the many challenges, the Web3 Ventures industry is still seen as a field of opportunity by entrepreneurs, technologists and investors alike. Continuous technology development, partnership building, and the ability to adapt to regulatory changes will be key ingredients for success. Over time, it is expected that the Web3 Ventures industry will continue to attract more capital and talent injections and play a significant role in the future of the digital economy.

Bing Ventures - The Web3 VC that keeps on pioneering

Bing Ventures is a pioneering venture capital firm focused on supporting and investing in entrepreneurs and early-stage startups that are committed to innovation in the Web3 and blockchain space. As an active participant in the development of the Web3 industry, Bing Ventures plays a key role in accelerating technological advances and driving change in the industry.

The company was founded in 2021 and is headquartered in Singapore. It was founded by a group of experienced bankers who worked at leading financial institutions such as J.P. Morgan and Standard Chartered Bank. They bring deep financial knowledge and extensive industry contacts, as well as extensive experience in investing and entrepreneurship in the Web3 space.

Bing Ventures' team members are based in Asia, the UK and the US, and this global distribution allows them to better capitalize on Web3 investment opportunities around the world. They build strong relationships with entrepreneurs and project teams everywhere to explore and realize innovative business models and technology applications.

As a venture capital firm, Bing Ventures not only provides capital backing, but also a wealth of expertise and resources for investment projects. They work closely with entrepreneurs to provide strategic guidance, marketing support, and industry insights to help startups achieve rapid growth and success.

Bing Ventures utilizes an industry-agnostic approach to evaluating and selecting investments to ensure objectivity and neutrality in investment decisions. They screen potential projects through in-depth research, due diligence and risk assessment, and build long-term relationships with outstanding companies.

Within the Web3 venture capital industry, Bing Ventures focuses not only on technological innovation, but also on sustainability and social impact. They support projects that make a positive difference in society and are committed to advancing the widespread adoption of Web3 technologies and providing a more secure, decentralized, and self-directed Internet experience for users around the world.

Portfolio

As a VC that has been deeply involved in the Web3 space for many years, Bing Ventures has a wealth of experience in venture capital and has developed a rich portfolio of investments through years of exploration.

1、Aura

Aura Network is a scalable, agile and easy-to-use Layer-1 blockchain that builds a comprehensive ecosystem designed to accelerate global NFT adoption.

2、Web3Port

Web3Port is a gas pedal that fuels the development of Web 3 projects, helping startups go from zero to one and scale to the next level.

3、Euterpe

Euterpe is the world's first IP-based NFT service. It is a marketplace where musicians, filmmakers, and other creators can offer their fans high-quality IP-NFT of their works.The concept of "IP-NFT" was first introduced by Euterpe. For the Euterpe team, the true value of NFT depends on the content it anchors.

4. Mynft.io

Mynft.io is an NFT platform owned by creators, voters and collectors.

5、WOO Network

WOO Network connects traders, exchanges, institutions and the DeFi platform to democratize access to optimal liquidity and trade execution at low or no cost.

6、Solv Protocol

Solv Protocol is a decentralized platform for creating, managing and trading financial NFTs.

7、SynFutures

SynFutures is a decentralized derivatives platform that allows for the free creation and trading of a variety of digital asset pairs using a single digital token as margin.

8、DeSyn Protocol

DeSyn Protocol is a DeFi protocol that allows users to create and trade pool-based assets such as ETFs/portfolios, leveraged assets, etc. via smart contracts.

9、OAK Network

OAK (On-chain Autonomous Kernel) Network is an automated Layer-2 blockchain for DeFi and recurring payments.

10、MetaTrust Labs

MetaTrust provides a builder-oriented platform for Web3 application security to perform Web3 application security scanning.

11、EZswap

EZswap is the first community-centric NFT decentralized exchange (DEX) to improve liquidity and share profits.

12、Aspecta

Aspecta builds an AI-generated identity, the Aspecta ID, for pioneer builders and others to showcase, connect and explore.

13、Prestare Finance

Prestare Finance is a lending protocol that can provide unsecured loans for virtually any asset without using off-chain information.

14、BuidlerDAO

Building a better Internet together. A community dedicated to helping builders create the future of the Web.

15、Dapp-Learning

We are designed for developers to step into blockchain DAPP development where they can learn about DeFi, NFT, DAO and crypto projects.

16、Little Frog

Little Frog is a decentralized asset manager on Web3 focused on creating and promoting crypto ETFs/portfolios, structured assets, and more to make crypto investing simple, accessible, and secure!

17. Blockless

A WASM-based, customizable execution layer that powers decentralized serverless applications.

18、Anichess

Anichess is an amazing game that combines the great skill of chess with groundbreaking technology for a mesmerizing gaming experience.

19、HypeSaints

HypeSaints is the first Web3-uploaded Gameboy eco-product. We will introduce Gameboy NFT and NFS (Non-Formative Storytelling) to enhance user experience, profitability and creativity, and NFS will become an "on-chain storytelling tape" that users can buy, experience, sell and rent. By engaging in interactive content and gameplay embedded in the NFS, users will have an immersive experience and earn tokens that can be spent on interacting with the "story tape" or other uses.

20. 4EVERLAND

4EVERLAND is a Web 3.0 cloud computing platform that integrates storage, computing and networking as its core capabilities. It aims to help users smoothly transition from Web 2.0 to Web 3.0, and become the infrastructure for millions of Web 3.0 developers and applications.

21. CARV

Builds a gaming-focused identity infrastructure that enables players to display achievements, semantically socialize and gain privileged access to games.

Conclusion

Despite some of the challenges and uncertainties associated with the Web3 Ventures industry, it is still seen as an area of opportunity and potential. As the technology continues to evolve and mature, Web3 is expected to drive the next wave of revolution on the Internet and change the way people approach data, identity, finance and socialization.

In the author's opinion, when evaluating and selecting investment projects, multiple factors such as technological innovation, business model, team strength and market demand need to be considered. At the same time, the regulatory environment and regulations will play an important role, so it is necessary to pay close attention to and properly handle compliance matters with the regulatory agencies in each country.

For investors, participating in Web3 Ventures requires a high level of risk awareness and adequate due diligence and risk assessment of the project. At the same time, building long-term relationships and providing strategic guidance can help startups stand out in a competitive market.

Overall, the Web3 Ventures industry is driving the global digital economy and creating broader opportunities for entrepreneurs and developers. However, successful investments and startups still require the right timing, excellent execution, and adaptation to changing market needs. Through continued technological innovation and partnership building, the Web3 Ventures industry is poised for long-term success and a positive impact on global innovation.

dot.Gaming + HOTDOG: The Collision of Metaverse and Gaming

Founded in 2018, HOTDOG is the first metaverse digital technology company in China, which is dedicated to providing a wide range of metaverse-related products, including metaverse space, digital virtual characters, virtual scenes, digital products, and fashion e-commerce IPs.

In 2023, a company called dot.Gaming established a strategic partnership with HOTDOG and received a seed round of investment from HOTDOG. dot.Gaming is a newly established game development studio which is dedicated to utilizing technologies such as metaverse, NFT and virtual reality to create immersive, multi-dimensional gaming experiences in order to bring the magic of virtual worlds Gaming hopes to collaborate with H.E.A.S.S. in the development of the game.

Gaming hopes to work with HOTDOG to create a game distribution platform. Gaming hopes to work with HOTDOG to create a game distribution platform that will distribute games for Web2 and Web3 developers, similar to Steam, and in addition to the game distribution platform, dot.Gaming will launch self-developed games and introduce elements such as a user identity system (DIDs and domain names), a task center, an NFT marketplace, a launching platform, and the ChatGPT assistant, in order to provide players with a full range of gaming experiences and interactions. Gaming's first game developed by dot.

The first game developed by dot.Gaming is Sailwars, a strategy game based on the Clash of Kings model. A Beta version is expected to be released at the end of July. dot.Gaming plans to release Sailwars for iOS and Android in the fourth quarter of 2023. Gaming plans to officially release Sailwars for iOS and Android in Q4 2023. In addition, it plans to partner with Coin NFT by the end of August 2023 for in-game NFT sales.

Through these collaborations and innovations, dot.Gaming will strive to build an ONE Gaming ecosystem to achieve the goals of resource sharing, connected social systems and cross-game incentives.

Main Product - Sailwars

Sailwars is a Web3 NFT game with innovative gameplay and technology. It combines elements of SLG strategic warfare, simulation, multi-mode combat, and NFT to provide players with a vast medieval marine world.

In Sailwars, players can build and upgrade their own empire and engage in exciting naval battles and alliances. Set in the medieval period, players will explore the wide open sea, upgrade their characters and fleets, collect resources, build cities, and develop technology for a comprehensive and immersive strategy gaming experience.

One of the core features of this game is the opportunity for players to build and command their own navy and expand their power by conquering other players and resources. Players can interact with other players by collecting or looting their resources, forming alliances or exchanging assets. Upgrading heroes, buildings and ships increases player power, while players can also earn rewards by selling assets such as minerals, heroes, ships, blueprints and buildings.

In addition to player interactions, the game features a variety of non-player characters (NPCs) to provide players with an immersive interactive experience and rich mission rewards. Additionally, the use of artificial intelligence technology allows the game to be automated and intelligent, which will greatly increase the efficiency and playability of the game.

Sailwars aims to create a compelling and immersive Web3 gaming experience with innovative gameplay, diverse elements and flexible use of NFT.

Game Modes

Sailwars is a creative naval game that offers players a wide variety of gameplay and challenges. Players can take on the role of a captain in a virtual sea world, build their own empire and command a powerful navy.

In terms of game mechanics, Sailwars offers a variety of game modes for players to participate in, including PVE, PVP and Alliance modes.

1、PVE Mode

In PVE mode, players can fight against online or offline players or NPCs and get different rewards according to the mission difficulty. Players can loot the resources of offline players or NPCs, but killed heroes will lose their defense buildings and durability.

2、PVP Mode

In PVP mode, players can intercept resources from offline players, but can avoid being looted by paying 20% ransom. The winner can get resources from the losing player and increase reputation and points for upgrading their assets.

3. Alliance Mode

In Alliance Mode, players can join or create alliances in the form of DAOs to build powerful naval armies. Alliances compete with each other to expand their territories, and alliance members can support each other to increase their combat power. The strongest alliance will participate in the final single battle.

4、Character creation and customization

Character creation and customization is also an important part of the game mechanics. Players need to choose a character and customize the appearance, including elements such as gender, hairstyle and clothing. Players can also choose a name for the character, which will be displayed in the game. Initially created characters can be used for free, but to further upgrade the character, players will need to purchase NFTs.

5、Resource Collection

Resource gathering is an important part of the Sailwars game. Players need to gather and manage basic resources such as wood, food, iron, and gold to keep the empire running and developing. Players can obtain resources by constructing resource exporting buildings, occupying resource points in the sea, and trading with other players.

6、Technology Research

Technology research is also the key to building a successful empire. Players can research technologies to enhance the combat power of their cities and fleets. Technologies include shipbuilding technology, construction technology, military technology, economic technology and diplomatic technology.

7、Social Interaction

Sailwars also offers social interaction. Players can chat, team up, trade and share game experience with other players. In Alliance Mode, players can make strategic plans with alliance members and participate in activities and events within the alliance.

In addition to the above, Sailwars is constantly updating and adding new content and features to keep the game fresh and fun. Players can expect more quests, events, equipment and maps to be added to make the gaming experience richer and more diverse.

Token Economy

Sailwars' in-game tokens are called $SWT and can be earned by playing the game or purchased with real-world currency. $SWT can be used to purchase new ships, upgrade existing ships, and participate in tournaments and other community events. It can also be traded on the secondary market.

With an initial supply of 18 billion $SWT (unlimited supply), $SWT has a wealth of use cases within the game.

1. Token Acquisition

1) PVP top 100 quarterly rewards (the top 100 PVP players after each season will be able to get $SWT rewards)

2) GVG Weekly Ranking Top 10 DAOs (GVG Weekly Ranking Top 10 DAOs will be able to get $SWT reward)

3) Top 10 DAOs in GVG Seasonal Tournaments (the top 10 DAOs in GVG Seasonal Tournaments held throughout the year, such as Christmas, will be awarded $SWT)

4) Activities (Users can get $SWT rewards by participating in regular activities)

2. Token Consumption

1）NFT Merger

Players can spend $SWT to merge two NFTs together to create a new NFT with more valuable attributes. The new NFT will have a higher monetary value and a higher probability of winning on the battlefield.

2）NFT Casting

Players can cast a new NFT by spending $SWT.

3）NFT Upgrade

Players can upgrade their NFTs by spending $SWT.

4）NFT Pledge (for VIP)

Players with VIP level can pledge their NFTs by spending $SWT to gain tokens.

Conclusion

The cooperation between HOTDOG and dot.Gaming represents, to a certain extent, the integration and development of the metaverse and the gaming industry. As an extension of the virtual world, the metaverse will bring players a more immersive and multi-dimensional gaming experience. Through the integration of meta-universe technology, NFT and virtual reality and other innovative elements, the game Sailwars was born.

At present, the concept of metaverse has become the focus of global attention, and all industries are exploring how to utilize this technology to create more value and innovation.

With the development of metaverse, we can expect more exciting gaming experiences and unlimited innovations. Not only limited to the gaming field, Metaverse will also penetrate other fields, such as education, socialization, business and so on. We are standing in an era full of opportunities and challenges, and Metaverse is bound to change the way we interact with the virtual world and bring us richer and more diverse experiences.

Hashrate Asset Group is committed to establishing the world’s first sustainable, compliant, and transparent Bitcoin standard arithmetic operating model. HAG token is a security token issued by Hashrate Asset Group in the form of STO. Holders may participate in the ecosystem and realize a real-time return on their investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.

The value of HAG is mainly reflected in two aspects. Firstly, its inherent value is highly correlated with Bitcoin, and the long-term value of Bitcoin will bring returns to investors. Secondly, investors can receive 70% of net profit of mining income every month as WBTC dividends.

For those interested in investing in HAG, we have established a strategic partnership with INX Limited, one of top three STO exchanges in US, the owner of a blockchain-based trading platform for digital securities and cryptocurrencies that has successfully completed a security token offering that was filed with the SEC and went through a full prospectus. Through the INX platform (https://one.inx.co/), investors will have the opportunity to invest in the first SEC-filed security token focused on Bitcoin mining.

Furthermore, HAG’s presale is set to commence soon, and both individual and institutional investors may participate by subscribing in advance at a unit price of $48. We will be releasing detailed tutorials on pre-sale and STO investments to provide investors with clearer and more specific guidance. We encourage interested parties to stay tuned for further updates.

Introduction

The cryptocurrency market is flooded with altcoins, which leaves investors with excessive options to invest in digital assets. However, consistent returns in this space require significant due diligence and a high level of systematic risk tolerance. For those looking for investment exposure to the cryptocurrency space without the extreme volatility of the altcoin market, Bitcoin is a crowd favorite. Due to its brand recognition, security, limited supply, and legacy as the original cryptocurrency, Bitcoin has yielded the highest returns compared to traditional asset classes for nine out of the past eleven years.

Investors can purchase Bitcoin directly with fiat through various exchanges or mine it by setting up specific computer hardware to solve blocks of algorithmic equations. Mining and holding can remove the challenge of figuring out the ideal time and price point to purchase Bitcoin, allowing investors to accumulate BTC based on their hashing power. However, setting up and maintaining a profitable mining operation can be challenging and often out of reach for individual investors or investors without related mining operation experience.

It’s important to note that this is an extremely competitive space where having the right hardware setup, security, maintenance, and access to cheap electricity are all prerequisites for a profitable mining operation. This can be difficult, if not outright infeasible for individual investors.

Hashrate Asset Group

HAG (Hashrate Asset Group) offers accessibility to invest in Bitcoin through hashrate ownership with security and compliance that are typically reserved for institutional investors. HAG Tokens are security tokens that are fully compliant with the U.S. Securities Act. Known as Security Token Offerings (STO), it is a digital token in ERC 1404 that has all of the same features and benefits of an ERC-20 token contract with a few enhancements to allow issuers to enforce regulatory restrictions.

Each HAG Token represents 1 terahash of perpetual mining hashrate for the underlying Bitcoin digital asset. Token holders receive monthly dividend payments in the form of WBTC net of expenses based on how many HAG Token they hold. The nature of the underlying asset, regular yield payments, and compliance with extensive regulations result in significantly lower risk for investors compared to the broader cryptocurrency space.

Compared to traditional methods of directly buying Bitcoin or attempting to set up your own hardware with all the necessary prerequisites, HAG provides a sustainable and consistent ROI for investors through a broad range of pricing assumptions of the underlying digital asset (Bitcoin).

STO represents a security token offering. A security token is a digital asset that represents ownership or other rights and transfers value from an asset or bundle of assets to a token.

HAG STO Highlights

HAG Token is a security token based on blockchain technology, issued in accordance with US securities laws through an STO. It is the world’s first security token that permanently anchors BTC mining power and distributes WBTC as dividends on a monthly basis. HAG creatively combines digital assets with compliant issuance, especially in the context of increasing global compliance and regulation of digital assets. The issuance of HAG Token will serve as a model for the entire cryptocurrency market and Bitcoin mining industry.

Compared to direct investment in Bitcoin and stocks of Bitcoin mining companies, HAG Token has significant advantages:

HAG Tokenomics

Initial fundraising size: $10~20 million

Minimum Ticket Size: $5,000

Token price: Floating but target at $48 /HAG

1 HAG = 1 Terahash/s

Planned initial miner: 1,479 ~ 3,076 units Miner series: s19 XP, 21.5J/TH, 140TH/s

Deployment: 2 months after fully called

Miner depreciation:

1 HAG monthly BTC mined (30 days) ~ 0.0000277 BTC (assume miner uptime 95% & pool fee 1%)

Mining cost for 1 BTC ~ USD 15,000 (assume USD 7.5 cent / kWh for electricity)

Static result as of Mar. 14th , 2023. Please refer to Private Placement Memorandum for final detail.

The Company will distribute 70% of the net yield to HAG holders monthly, on a pro rata basis. The remaining 30% will be utilised as a reserve to maintain the targeted hash rate per HAG Token and as general working capital.

The value of HAG is mainly reflected in two aspects. Firstly, its inherent value is highly correlated with Bitcoin, and the long-term value of Bitcoin will bring returns to investors. Secondly, investors can receive 70% of net profit of mining income every month as WBTC dividends.

How to invest?

HAG has partnered with INX Limited (“INX”), the owner of blockchain-based trading platforms for digital securities and cryptocurrencies, the first to complete a security token offering that was filed with the SEC & went through a full prospectus. The HAG and INX strategic partnership will allow investors on the INXS platform(https://one.inx.co/) to be able to invest in the first SEC-filed security token focusing on Bitcoin mining.

Note that the HAG presale is about to begin, and both individual and institutional investors may subscribe in advance at a price of $48 per unit. We will soon release separate tutorials on pre-sales and STO investments, in order to provide investors with additional guidance. Please stay tuned for further updates. Private Placement Memorandum will also be available for final detail. The final price of HAG will be determined based on the market price of Bitcoin and hashrate, and it will be confirmed with the exchange before the STO.

About Hashrate Asset Group

Hashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.

Website: https://www.hagsto.com/

Twitter: https://twitter.com/HashrateAsset

Telegram: https://t.me/HashrateAsset

Medium: https://medium.com/@HAGSTO

We will utilize 30% of net yield from the Bitcoin mining as resources to maintain or update HAG mining equipments. Currently, HAG collaborate with mining farms and they serve the onsite maintenance. In fact, our management team acquires such maintenance capability as well, so we will review the job or physically participate if needed. In fact, such maintenance standard is specified in the contract between HAG and the mining farm.

2. How does HAG calculate the net yield for STO token holders?

The net yield will be defined in the Master Token Agreement.

“Net Yield” is the gross Bitcoin yielded from mining operations minus the following:

In computing Net Yield:

3. How does HAG manage electricity costs to maximize the profitability of Bitcoin mining?

The HAG management team are the early investor of Bitmain, hence they have the know how of mining industry. Fisrt of all, HAG collaborate with the top mining farms that provide reasonable price on electricity but with proven records on equipment management. In fact, compared with electricity cost, the loss from poor maintenance cost much more, and HAG will renew the mining equipment before its expected service life. Of course, HAG will get involved in the maintenance duty to ensure the right of HAG holder. Secondly, the mining equipment is planned to setup in the US with much more transparency on electricity policy.

In addition, Biden’s proposal on charging additional tax to Bitcoin mining is rejected by the Congress.

4. What is the estimated return on investment for HAG STO tokens? How does the dividend payout process work and how often are dividends paid out?

Because of the legal compliance, we could not predict the return of any financial asset including HAG. However, feel free to join our community that might have some discussion about the potential returns. The dividends will be on a monthly basis. The detailed process for dividends distribution will be disclosed in our PPM. The PPM will disclosed before the launch of HAG. If course, we will ensure every process is safe, legitimate, and correct.

5. How does HAG ensure the security of its tokens and the underlying assets?

The security of token itself will distributed by INX’s Transfer Agent with required licenses. For the security after distribution to the Holder, Holder might take your responsibility to keep the token safe. Of course, holder could contact INX or HAG, and we will do our best to provide available assistance.

6. Can HAG tokens be traded freely on the secondary market? If so, how to ensure the liquidity?

HAG could be traded freely on the secondary market. Because of the compliance, such secondary market is currently separated from the crypto market. Security token is the future for its compliance, so the liquidity will have huge space to grow. Furthermore, compared with direct investing in mining pool and the liquidity of underlying RWA security token, the liquidity of security token like HAG is much better. Besides, HAG security token is based on ERC-1404 which is applicable to ERC-20. Therefore, the future application scenario especially the ERC-20 DeFi will be prospective.

7. What are the future plans for HAG?

The short-term plans:

a) Get the mining equipment online and let holder start recieving dividends.

b) Make sure the mining farm’s operation is done beyond satisfaction and achieve the economy of scale gradually.

c) Keep communicating with holders/potential holders and make sure our practices are transparent at reasonable level.

The longer-term plans:

a) Increase the partnerships with other mining farms to better achieve the economy of scale and diversification.

b) Collaborating with institutions from different countries/regions to find out any potential they could have with HAG. The pool will get deeper and deeper.

c) Start talking with DeFi project and looking for any potential collaboration.

8. Financial Reporting:

a) Will HAG disclose the financial report? Yes, we will.

b) How often does HAG release financial reports, and what information is included in these reports? Since HAG is SEC-filed company, so we will follow SEC’s rules on the financial information disclosure that HAG fits.

c) Are HAG’s financial reports audited by an independent party? If so, who conducts these audits? For the financial report auditing, HAG will do so, and we are in the process of interviewing the candidate to conduct the audit request by SEC in the future.

d) How can investors access HAG’s financial reports? It will be on HAG website.

e) How does HAG ensure transparency in its financial reporting? HAG is a SEC-filed company, so we follow US SEC’s rule. The audit on the financial information will be conducted. The result will be on HAG website publicly.

About Hashrate Asset Group

Hashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.

Website: https://www.hagsto.com/

Twitter: https://twitter.com/HashrateAsset

Discord: https://discord.gg/9mkYSr23cz

Telegram: https://t.me/HashrateAsset

Recently, Meta released a new open source artificial intelligence model called Llama 2, which is a large-scale language model similar to ChatGPT that can understand and generate natural language. Unlike other large models, Llama 2 is not only a powerful language model, but also a multimodal and multifunctional platform that can interact with various data sources and tools to provide more application scenarios and value. What's more, Llama 2 is completely open source and free, allowing anyone to use it to build and commercialize applications without worrying about copyright or licensing issues. These features make the Llama 2 a disruptive innovation that will change the big model landscape and competition. This article will introduce the technical level of Llama 2, point out how it changes the pattern and competition of large models, predict when the development speed of open source and free Llama 2 will reach ChatGPT4, and what will happen in the competition with ChatGPT5 in the future, and analyze what opportunities and challenges it brings to AI entrepreneurs and the industry.

The technical level of Llama 2

Llama 2 is a large-scale language model based on the Transformer architecture, which uses 17.5 billion parameters, nearly double that of ChatGPT3. Llama 2 was trained using the same dataset as ChatGPT, the Common Crawl dataset, which contains about 45TB of webpage text. Llama 2 also uses a novel training method developed by Meta Corporation called Meta-Learning Accelerator (MLA), which can speed up training without loss of quality and reduce computational costs. According to Meta, MLA can reduce training time by a factor of 10 and reduce computational costs by 90%.

Llama 2 can not only generate text like other language models, but also interact with external data sources and tools to provide richer and more practical functions. For example, Llama 2 can use the Wikipedia API to retrieve relevant information and quote them when generating text; Llama 2 can use the Wolfram Alpha API to perform mathematical calculations and display the results while generating text; Llama 2 can use the Google Translate API for language translation and display the original and translated text when generating text; Llama 2 can use the OpenAI ImageBind API to generate images and display them when generating text. These features allow Llama 2 to be applied in various scenarios, such as search, Q&A, education, entertainment, creativity, etc.

Another feature of Llama 2 is that it is an open and flexible platform that allows developers and businesses to use it to build various applications and commercialize them freely without paying any fees or complying with any restrictions. This is in stark contrast to other large model providers who often charge or impose conditions on the use of their models. For example, OpenAI charges developers a minimum of $100 per month for using ChatGPT and limits the number of requests per second; Google charges a minimum of $2000 per month for developers using BERT and limits the number of requests per month; Facebook does not charge developers for using RoBERTa, but requires them to abide by its open source agreement and display its logo in the application. Llama 2 does not have these restrictions, it fully follows the Apache 2.0 open source agreement, allowing anyone to use, modify and distribute it freely without any obligation or responsibility. This makes Llama 2 even more attractive and accessible to developers and businesses, especially entrepreneurs who lack resources or want to remain independent.

How Llama 2 Changed the Big Model Landscape and Competition

The release of Llama 2 is a major breakthrough in artificial intelligence that will change the landscape and competition for large models. In our opinion, Llama 2 changes the big model landscape and competition in the following ways:

• Llama 2 raises the state of the art for large models, surpassing ChatGPT3 not only in the number of parameters, but also in functionality. The multimodal and multifunctional features of Llama 2 enable it to process and generate different types of data and content, thereby providing more application scenarios and value. Llama 2 also uses a novel training method that speeds up training and reduces computational costs, improving the trainability and scalability of large models.

• Llama 2 breaks the commercial barriers of large models, it is the first fully open source and free large model, allowing anyone to use it to build and commercialize applications without worrying about copyright or licensing issues. The open and flexible nature of Llama 2 allows it to attract more developers and businesses, especially those who lack resources or want to remain independent. Llama 2 has also put pressure on other big model providers to lower prices or relax conditions in order to remain competitive.

• Llama 2 unleashes the innovative potential of the large model, it is an open and flexible platform that allows developers and enterprises to use it to build a variety of applications, and can freely modify and distribute it. The open and flexible nature of Llama 2 enables it to facilitate more experimentation and exploration, resulting in more ideas and solutions. Llama 2 also sheds light on other large models, encouraging them to add functionality or interact with external data sources and tools to provide additional scenarios and value.

Llama 2's pace of development and future competition

According to Meta, Llama 2 is a continuously evolving platform that will be constantly updated and improved to provide better performance and functionality. Meta also stated that they plan to release more datasets, tools, examples, documentation and other resources in the future to help developers and enterprises use Llama 2. In addition, the Meta company also stated that they welcome community feedback, suggestions, contributions, etc. on Llama 2, and will cooperate with other organizations to promote the development of the field of artificial intelligence.

We predict that the open source and free Llama 2 will develop very fast and will be able to reach the level of ChatGPT4 soon. We believe there are several reasons:

• Llama 2 already has a technical level comparable to or surpassed that of ChatGPT4. It not only surpasses ChatGPT3 in the number of parameters, but also surpasses ChatGPT3 in function. The multimodal and multifunctional features of Llama 2 enable it to process and generate different types of data and content, thereby providing more application scenarios and value. Llama 2 also uses a novel training method that speeds up training and reduces computational costs, improving the trainability and scalability of large models.

• Llama 2 is completely open source and free, allowing anyone to use it to build and commercialize applications without worrying about copyright or licensing issues. The open and flexible nature of Llama 2 allows it to attract more developers and businesses, especially those who lack resources or want to remain independent. Llama 2 has also put pressure on other big model providers to lower prices or relax conditions in order to remain competitive.

• Llama 2 is an open and flexible platform that allows developers and businesses to use it to build a variety of applications, and to modify and distribute it freely. The open and flexible nature of Llama 2 enables it to facilitate more experimentation and exploration, resulting in more ideas and solutions. Llama 2 also sheds light on other large models, encouraging them to add functionality or interact with external data sources and tools to provide additional scenarios and value.

For these reasons, we believe that Llama 2 will develop very fast and will be able to reach the level of ChatGPT4 soon. We estimate that within the next year, Llama 2 will be able to reach the number of parameters (4.5 billion) and performance metrics (such as PPL, BLEU, etc.) of ChatGPT4. We also estimate that within the next two years, Llama 2 will be able to reach the functional scope of ChatGPT4 (such as dialogue, summarization, translation, etc.).

Of course, this does not mean that Llama 2 will completely replace ChatGPT4 or other large models. We believe that in future competition, Llama 2 will face the following challenges:

• Although Llama 2 is open source and free, it still requires significant computing resources and expertise to train and deploy. This may limit the ability and willingness of some developers and enterprises to use Llama 2, especially those with high performance, security or stability requirements. Therefore, some developers and enterprises may choose to use the services of other large model providers for better support, assurance or customization.

• Although Llama 2 is multimodal and multifunctional, it still needs to interact with external data sources and tools to provide more application scenarios and value. This may cause some issues or risks, such as data quality, data security, data privacy, data copyright, data compatibility, etc. Therefore, some developers and enterprises may choose to use the services of other large model providers to obtain more complete, reliable or professional data sources or tools.

• Llama 2, while an evolving platform, still requires collaboration with the community and industry to drive development and innovation in the field of artificial intelligence. This may encounter some challenges or resistance, such as community participation, industry standardization, regulatory adaptability, etc. Therefore, some developers and enterprises may choose to use the services of other large model providers to obtain faster, more stable or more compliant updates or improvements.

In summary, we believe that Llama 2 is a disruptive open source megamodel that will change the megamodel landscape and competition. We predict that the open source and free Llama 2 will develop very fast and will be able to reach the level of ChatGPT4 soon. We also analyze how Llama 2 will compete with ChatGPT5 in the future, and point out its strengths and challenges. We look forward to seeing the further development and application of Llama 2, as well as the responses and strategies of other large models.

What opportunities and challenges does Llama 2 bring to AI entrepreneurs and the industry

The release of Llama 2 presents many opportunities and challenges for AI entrepreneurs and the industry. We believe that Llama 2 presents opportunities and challenges for AI entrepreneurs and the industry in the following areas:

• Llama 2 provides AI entrepreneurs with an open and flexible platform, allowing them to use it to build and commercialize various applications without worrying about copyright or licensing issues. This allows AI entrepreneurs more freedom to realize their ideas and visions, while saving costs and time. Llama 2 also provides AI entrepreneurs with a large community and resources to help them learn, network, collaborate, innovate, and more. This makes it easier for AI entrepreneurs to get support, feedback, partners, users, and more.

• Llama 2 provides a powerful language model for the AI industry, and it is also a multi-modal and multi-functional platform that can interact with various data sources and tools to provide more application scenarios and value. This allows the AI industry to better meet the needs and expectations of users, while also increasing the size and scope of the market. Llama 2 also provides the AI industry with a continuously evolving platform that will be constantly updated and improved to deliver better performance and functionality. This allows the AI industry to adapt to change and innovate more quickly, while also remaining competitive.

• Llama 2 also brings some challenges and risks to AI entrepreneurs, such as technology, business, law and so on. For example, AI entrepreneurs need to have sufficient computing resources and expertise to train and deploy Llama 2; AI entrepreneurs need to pay attention to issues such as data quality, data security, data privacy, data copyright, data compatibility, etc.; AI entrepreneurs need to abide by relevant regulations, standards, ethics, etc.; AI entrepreneurs need to compete or cooperate with other large model providers or users, etc.

• Llama 2 also brings some challenges and risks to the AI industry, such as technical, commercial, and legal aspects. For example, the AI industry needs to keep pace with the updates and improvements of Llama 2; the AI industry needs to cooperate with the Llama 2 community and industry; the AI industry needs to pay attention to bias, unpredictability, security and other issues; the AI industry needs to comply with relevant regulations, standards, ethics and other requirements; the AI industry needs to compete or cooperate with other large model providers or users, etc.

In summary, we believe that Llama 2 presents many opportunities and challenges for AI entrepreneurs and the industry. We recommend that AI entrepreneurs and the industry take full advantage of the advantages of Llama 2, while also being aware of the challenges of Llama 2, and taking appropriate measures to achieve the best results and value. We also look forward to seeing more applications and innovations of Llama 2 among AI entrepreneurs and industries.

FlerkenS is a decentralized personal AI application platform, based on the Web3 network that helps users achieve digital transformation, and provides users with borderless digital and intelligent services.

FlerkenS builds an AI market, an AI publisher, and an open and scalable general artificial intelligence (AGI) system. AI-DSL enables AI applications and services of different types and fields to collaborate and interact with each other, through personal vectors Database (Personal Vector Database) + Langchain Technology Solution (Langchain Technology Solution) + large-scale model technology implementation path, allowing users to obtain personalized AI services, and realize point-to-point with service providers under AI technology in a distributed network environment The connection to build a distributed AI intelligent business and a distributed AI economy.

The first application of FlerkenS: Smart career planning based on Web3+AI, which can provide personalized career development suggestions based on users' personal information, interests, abilities and goals, including career planning, training and career recommendations wait. It can also help users solve workplace problems and improve professional skills and confidence through dialogue and interaction.

FilFiDAO clarifies some false information about FilFi. In the Filecoin ecosystem, FilFi is a 100% smart contract managed storage node co-construction solution based on FEVM, and has no affiliation with the cx PonziCoin. We firmly oppose and condemn any form of rumor-mongering, which misleads the public and disrupts the normal dissemination of information.

As a part of the Filecoin ecosystem, FilFi is committed to providing secure, reliable and efficient smart contract managed storage node solutions, providing users with a convenient storage node co-construction mechanism.

providing users with a convenient storage node co-construction mechanism.

We highlight the following facts to ensure that everyone knows the truth:

FilFi is 100% smart contract hosting: FilFi is built on FEVM and provides users with a solution for the co-construction of 100% smart contract hosting storage nodes. The input and output of each user are directly to the user’s wallet, and there is no multi-role allocation. Space, and all information is fully on-chain and open and transparent!

FilFi is not a cx token team: contrary to some false information, FilFi has no direct or indirect connection with the cx token team. Any claim that FilFi is a cx token team is false rumors. I hope everyone will not be misled!

Oppose disinformation: We solemnly declare that disinformation is an irresponsible act that disrupts the accurate dissemination of information. Please verify the authenticity of information when sharing it and avoid spreading unverified information.

We hope to eliminate false information about FilFi through this article and maintain respect and awareness of true facts. In the Filecoin ecosystem, accurate and objective information is the foundation for driving project development and community cooperation.

Let’s work together to spread truthful and credible information and contribute to the prosperity of the Filecoin ecosystem. Everyone is welcome to report rumors, thank you!

In 2020, the Total Value Locked (TVL) grows significantly as the DeFi protocol becomes more widespread. However, this has also led to many assets being coveted by hackers. Since DeFi protocols are open to everyone to trade, contractual issues can easily lead to asset loss. Despite the fact that almost every protocol is code-vetted by large companies such as CertiK, attackers stole more than $77 million in 2020, and the situation continues to worsen.

Since many forks make only minor changes and are deployed on multiple EVM chains, all of these forks can quickly become targets for hackers if something goes wrong with the original project's smart contracts. One common hacking tactic is Flashloan, which has become commonplace in the hacked lending space.

When a protocol is hacked, it will undoubtedly face huge losses and also when hackers transfer assets to an anonymous protocol like Tornado, there is no one who can trace the stolen funds and hence most hackers will not return any tokens to the protocol.

Statistically, about 53% of hacked funds were returned to projects in 2021, but most of that was actually due to the PolyNetwork breach that occurred in August.

So what can be done for DeFi participants to avoid losses due to these breaches?DeFi insurance may be one of the very few ways to prevent this from happening.

By purchasing insurance, users can mitigate risk and loss by receiving compensation in the event of an attack on the protocol or loss of assets. Such an insurance mechanism is expected to provide greater security and reliability to the DeFi industry, attracting more players into the space.

Meta Defender: Decentralized Insurance Protocol Compatible with EVM and Substrate Frameworks

Meta Defender is a decentralized insurance protocol built on the blockchain. It is compatible with the most popular EVM and Substrate frameworks and is designed to insure users' transactional and non-transactional assets on the blockchain.

As a leading DeFi insurance provider, Meta Defender eliminates intermediaries in insurance transactions through a transparent, trustworthy and convenient decentralized mechanism. The protocol is inspired by AMM pools, where there is a pool in the insurance transaction and the cost of insurance is market-driven. Similar to other DeFi protocols, Meta Defender operates on a DAO system where the decision to whitelist covered protocols (e.g., DeFi protocols or public chain security) is made jointly by all token holders.

Participants in Meta Defender include liquidity providers, policyholders and governors. Liquidity providers put money into the pool and receive premiums from policyholders, but they also bear the risk of paying losses in a whitelisted DeFi protocol or public chain attack. The policyholders are those who are concerned about being hacked while participating in the DeFi protocol, and they pay premiums to allow the liquidity providers to protect their assets. The governor, on the other hand, is an independent party responsible for determining whether the protocol should pay out losses to policyholders.

At the same time, Meta Defender is committed to applying blockchain technology to real-world insurance scenarios, becoming an important addition to the traditional insurance industry. When choosing a project to cover, Meta Defender evaluates the code security and financial risk of the project. Therefore, the project is not only an insurance protocol, but also a set of credit rating standards for the Web3 world. By introducing a decentralized insurance mechanism, Meta Defender provides users with more choices and guarantees, and offers a reliable layer of protection for the development of the DeFi industry.

How it works

Meta Defender is an insurance protocol that runs on DeFi as an insurance contract that matches policyholders with insurers. The protocol works as follows:

1. Business Process: Insuring

Anyone can participate in the insurance of digital assets at any time. The premium will be collected by the underwriter as a reward and accordingly a certain amount of capital will be frozen until the policy expires.

2、Business Process: Claims

Idle capital can be provided to several liquidity pools for mining. Part of the proceeds from mining will stay in the risk reserve. When a loss claim is filed, the capital in the risk reserve will be used first; only in extreme cases where the capital in the risk reserve is insufficient to cover the claim will the capital initially injected by the underwriter be used.

3. Pricing Logic

Meta Defender draws on and improves upon the well-known constant product model.

First, we need to define two concepts first:

1) Premium rate α: the ratio of the amount spent on purchasing the policy to the amount insured by the policy;

2) Remaining available capital P: in the extreme case, assuming that the remaining funds are located in the underwriting fund pool after settling claims on all existing policies; it can also be interpreted as the current total funds in the underwriting fund pool minus the total insured amount of all existing policies.

Under the assumption that there are no new underwriters joining/no underwriters exiting liquidity, the above two conditions will always satisfy the following equation:

K is a fixed value. As the number of insureds increases, P gradually decreases and α increases, indicating an increase in demand for insurance and vice versa. When a new insurer enters, P increases, α remains constant, and k increases accordingly.

Similarly, when an insurer withdraws from liquidity, both P and k decrease. An increase in P also occurs if the surviving policy matures and the frozen capital is released. In this case, k is constant and α decreases. α has a minimum value, and the decrease in α is limited by this value, and then the value of k increases. When the value of P "expands" to the point where α touches it, α no longer decreases but increases by k:

Existing blockchain insurance products also build some actuarial models, but it is difficult to ensure that the actuarial results are truly objective and trustworthy when the sample of historical data is insufficient.Meta Defender tends to be based on a market game, pricing the risk of each agreement based on the most basic economic principles of supply and demand.

A possible question is whether the mechanism would allow underwriters to purchase insurance in bad faith and increase premium rates. To avoid this attack, Meta Defender calculates the k-value by adding a dummy value to the actual P-value. This makes the premium rate curve very smooth and significantly increases the cost of such attacks.

Products

1、Meta Insurance

Meta Insurance provides financial protection for users' crypto assets.

Policyholders transfer their single risk to an underwriter by paying a premium, and the underwriter collects the premium and assumes the diversified risk.

Anyone can participate in the underwriting process at any time by generating a corresponding liquidity certificate NFT. premiums are earned by the underwriters as a reward and, accordingly, a certain amount of capital is frozen until the maturity of the policy. The underwriter is entitled to other rewards and incentives and the underwriting capital can be withdrawn at any time.

The policyholder is free to determine the term of the policy. Idle capital can be injected into several reliable liquidity pools for mining. A portion of the mining proceeds will remain in the risk reserve. When a loss claim is filed, the funds in the risk reserve will be used first; only in the extreme case that the funds in the risk reserve are insufficient to cover the claim, the capital initially injected by the underwriter will be used.

2、Meta Credit

Meta Credit provides a performance guarantee of repayment when a borrower applies for a certain credit facility from a lending platform.Meta Credit references several third-party DID credit rating systems to determine the criteria for qualified borrowers.

For example, a lending platform may require a 150% collateralization rate (the same as MakerDao's criteria), but a creditworthy borrower may wish to obtain a loan with a 120% collateralization rate. He can purchase performance insurance with Meta Defender that covers him for the loan amount, and of course, the beneficiary of the insurance is the lending platform.

When the borrower fails to repay the loan on time, or when the borrowed balance of his account exceeds the limit set by the liquidation collateralization factor (e.g., if the price of the collateral suddenly drops), the lending platform can claim against Meta Defender for alternative repayment. Of course, the collateral will be returned to the Meta Defender smart contract.

3、Meta AMD

Meta AMD is an asset management DAO.

Even though compensation for losses was provided during the DeFi attack, the effects of the incident are still not really over. Similar to the traditional way of dealing with toxic assets, there are still potential opportunities in these devalued assets.

As a result, Meta Defender requires those who submit claims to turn over affected digital assets (e.g., un-anchored tokens) to Meta Defender Contracts for asset management after receiving compensation. This not only provides compensation for those who bear the loss, but also provides additional profit opportunities for all parties involved.

Token Economy

Meta Defender's official project token is DEF and its distribution plan is shown in the table below.

According to officials, early participants of Meta Defender will receive DEF token airdrops as a reward in the future.

Conclusion

DeFi insurance is a rapidly growing field that provides participants with additional safety and security. As the DeFi industry continues to grow and innovate, asset security has become one of the key concerns for investors.The emergence of DeFi Insurance protocols fills this gap and provides users with the opportunity to be compensated in the event of an attack on the protocol or loss of assets.

Meta Defender, a leading DeFi insurance provider, offers insurance services to users through a decentralized mechanism and a market-driven approach. The compatibility and scalability of the protocol allows it to adapt to different blockchain frameworks and provide insurance coverage for users' transactional and non-transactional assets. Meta Defender also ensures that all token holders are involved in the decision-making and governance process by introducing a DAO system and governance mechanism.

The development of DeFi insurance will provide important support for the sustainable development of the DeFi industry. As more investors and users participate in DeFi, they become more attentive to the security and risk management of their assets. the existence of DeFi insurance provides users with additional confidence and protection and helps to attract more participants to the space.

However, DeFi insurance still faces some challenges and risks. For example, determining insurance costs and coverage is a complex issue that requires a combination of market demand, risk factors of the agreement, and user interests. In addition, auditing and regulation of insurance organizations is an important issue to ensure the safety and transparency of insurance funds.

Overall, DeFi insurance will play an increasingly important role in the development of the DeFi industry. It provides users with additional protection and confidence, and provides a safe environment for DeFi's sustainable development. As the technology continues to innovate and the industry matures, DeFi Insurance is expected to become an important part of the crypto-financial landscape and promote greater participation in this revolutionary financial model.

One aspect of the game that players will need to master is the collection and management of resources, technological research, and expansion. In this article, we’ll explore how players can build their empires and conquer the seas in Sailwars.

Resource Collection

In Sailwars, players need to collect and manage four basic resources to maintain the operation and development of their empires: wood, food, iron, and gold. These resources are used for various functions, including construction, repairing ships, maintaining the population and crew of the empire, manufacturing weapons, and more.

Players can obtain resources through numerous methods, including building resource output buildings in their territory, occupying sea resource points, trading with other players, and plundering other players’ cities. Building a strong economy and securing resources are crucial to the success of the player’s empire.

Technological Research

Technological research is another important aspect of building a successful empire in Sailwars. Players can research technologies to enhance the combat effectiveness of their cities and fleets. Technologies can be divided into several categories, including shipbuilding technology, building technology, military technology, economic technology, and diplomatic technology.

Shipbuilding technology focuses on aspects such as ship types, performance, battle strategies. Building technology includes building upgrades, resource production, and defense facilities. Military technology involves weapon upgrades, fleet formation, and battle skills, Economic technology, on the other hand, focuses on trade, taxes, and resource management. Lastly, diplomatic technology involves alliance relationships, diplomatic methods, and spy activities.

Expanding Your Empire

Players need to build a strong navy to compete for sea dominance with other players in Sailwars. Ships can be divided into several categories, including attack ships, defense ships, resource ships, and scouting ships. Players need to develop combat strategies based on the characteristics of the enemy fleet during naval battles. Weather, sea conditions, and other factors will have an impact on both fleets during the battle.

Expanding your empire involves building a strong navy, securing resources, and conquering other players’ cities. Players need to develop their own strategies and tactics based on their strengths and weaknesses, as well as those of their opponents. Building alliances and negotiating with other players can also be an effective way to expand your empire and increase your influence in the game.

Final Thoughts

To become kings and queens of the pirate empire, Sailwars players must collect and manage resources, research technologies, and expand their empires. Building a strong economy, researching technologies, and developing combat strategies will be crucial to the success of the player’s empire. As Sailwars continues to evolve, players will need to adapt and develop their own unique strategies to stay ahead of the competition and emerge victorious on the high seas.

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Under the rapid development of blockchain technology, the WEB3 era is gradually showing its great potential and opportunities. In this new era of the digital economy, LIANGO, as the world’s first decentralized payment protocol targeting 300 million blockchain users worldwide, has created a market value of tens of billions of dollars and achieved a 10, 000 times increase. It leads the trend of Spend-to-earn applications and brings unprecedented opportunities for blockchain users. Among them, LIANGO SHOPPINGFI NFT, as its core component, shows unique value and potential. In this article, we will deeply analyze the value of LIANGO SHOPPINGFI NFT and discuss its potential.

Global Partner Privileges and Benefits

LIANGO early-stage participants can obtain 50,000 computing in various ways to become a Global Partner and get the supreme status symbol NFT. As Global Partners, they will enjoy a series of privileges and benefits. First of all, they can get about 60 LGT of dividends every month, no matter if it is 100 times or 1000 times in the future, they will be able to share the vast market capitalization dividends. Over the next 4 years, global transactions are expected to total at least $50 billion and buybacks of LGTs will reach $1 billion. Even at a conservative P/E ratio, the price of each LGT will reach 2000 U. Each shareholder will receive a dividend of 2000 x 3000 = 6 million U in 4 years. Becoming a LIANGO Global Partner means seizing the most significant wealth opportunity in the Web3 era.

Convert Daily Household Spending into Net Assets

Becoming a LIANGO partner would be an intelligent choice for those who want to turn their household spending into net assets. Partners with 50,000 computing can earn at least 20U per day, with a minimum income of 600U per month. This means that they can make money while spending money, turning every penny spent into an asset. This incentive provides partners with consistent financial rewards and allows them to enjoy financial independence.

The unique value of LIANGO SHOPPINGFI NFT

LIANGO SHOPPINGFI NFT is a status symbol, representing the supreme status of global partners. The limited number of 9,999 NFTs will never be reissued, ensuring their scarcity. Partners holding these NFTs will become core members of the LIANGO ecosystem and enjoy 70% of the original share dividends. The value of this unique NFT is not only reflected in its status symbol significance but also in its potential appreciation and the stability that comes with scarcity.

Additional Value of LIANGO Global Partner

As a LIANGO Global Partner, you will have free access to the Global Partner Meetup and join the exclusive online community. This will not only provide you with the opportunity to make money, but also bring you the opportunity to experience traveling around the world, access to the latest information, and the real privilege of becoming a dividend harvester in the Web3 era.

With the coming of the WEB3 era, blockchain technology will continue to play an important role in the payment sector. LIANGO SHOPPINGFI NFT, as the core component of the first decentralized payment protocol, demonstrates its great potential and unique value in the new economic times. By participating in the LIANGO ecosystem, Global Partners will share in lucrative dividends and privileges, and reap the benefits of stable and sustainable financial returns in the world’s largest wealth opportunity. As partners holding LIANGO SHOPPINGFI NFT, they not only become core members of the ecosystem, but also enjoy the appreciation brought by scarcity. LIANGO SHOPPINGFI NFT has an exciting development and application prospect, which represents a great advancement of blockchain technology in the payment industry. We have reason to believe that this is a groundbreaking moment and LIANGO SHOPPINGFI NFT will become an important milestone in the ShoppingFi space, bringing us a more open, transparent and sustainable payment system.

Learn more about #LIANGO

LIANGO is Web3’s first spend-to-earn business application protocol, aiming to create a decentralized ShoppingFi ecosystem. Initiated by the Singapore Foundation and developed on the underlying network of the Binance Smart Chain (BSC), the protocol provides a secure, transparent and efficient solution for cross-border transactions.

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Twitter: @liangoglobal

LIANGO Introduction：https://liangoeco.zendesk.com/hc/zh-cn/articles/20622931386777

I. About FFI:

FilFi governs TOKEN and incentivizes all community members and users who participate in the construction of FilFi.1. can participate in the governance of the community, including community proposals and voting.2. as a payment option in the FilFi Joint-Mining Fee, the ration is FIL:FFI = 1:103. as a validator in liquidity staking, participating in the revenue share of reputable pledge nodes

II. Liquidity Staking:

Total FFI: 200 millionLiquidity Staking: 60 million (30%)Mining cycle: 6 yearsHalving Strategy: Every year from the launch date, the incentive will be halved.

FilFi Community Liquidity Mining Incentive Program

Total incentives for the first year: 30,476,190Total incentives for the second year: 15,238,090Total incentives for the third year: 7,619,040Total incentives for the fourth year: 3,809,520Total incentives for the fifth year: 1,904,760Total incentives for the sixth year: 952,380

III. Joint Node Liquidity Mining:

Joint node liquidity mining: 30 million (15%)Mining cycle: 6 yearsHalving Strategy: Every year from the launch date, the reward will be halved.

FilFi Community Liquidity Mining Incentive Program

Total incentives for the first year: 15,238,090Total incentives for the second year: 7,619,050Total incentives for the third year: 3,809,520Total incentives for the fourth year: 1,904,760Total incentives for the fifth year: 952,380Total incentives for the sixth year: 476,199

IV. Joint Node Liquidity Mining program:

The total amount of joint node liquidity mining is 30 million, and the main rewards are composed of three parts:investors’ participation accounts for 60%, initiators’ participation accounts for 15%, and community building accounts for 25%.

1. Investor participation:Daily linear release, investors get rewards according to the percentage of pledged FIL.Participating nodes start to participate in rewards after hitting the minimum percentage of the fundraising program.Snapshot statistics and rewards are released every day at 0:00(UTC+8)

No lock-in period for investor FFI rewardsReward earned per day = (Total Incentive in Year N * 60%/365) * (Pledged FIL/FilFi Total Pledged FIL of Co-Nodes)

2. Initiator Participation:A prize pool is established and the amount of the prize pool for each year is divided equally by and on a monthly basisNodes can participate in the award after successfully completing sealingTotal Monthly Prize Pool = (Total Year N Incentive * 15%/12)Initiator incentive = node size/10P * prize pool balance for the month N% (N=1/number of nodes in the previous month + 1)Undistributed balance of the current month accumulates to the next month’s prize pool

3. Community Ambassador Reward:The next version of product upgrades will be online community ambassador recommendation systemCommunity ambassadors will recommend investors and initiators to participate in node construction to get community recommendation rewards.1) Investor Recommendation Reward:There are different levels of community ambassadors, and different levels of community ambassadors will get different percentages of rewards according to the total amount of pledged amount of recommended investors.Different levels of community ambassadors get different percentages of rewards according to the total amount of recommended investors’ pledges, and the coefficients of recommendation rewards are reduced by half every year.The coefficient of recommendation reward is halved every year, the coefficient of recommendation reward for the first year is as follows:0–10000FIL–15%10,000–5,000–20%50000–200000–25%200000–30%Community Ambassador Referral Reward = Total Referral Investor Pledge * Referral Reward Factor

2) Initiator Referral Reward:Community Ambassador Referral Reward = Initiator gets reward * 5%

4. Community Event Rewards:Lucky Pool Program, all eligible addresses will be rewarded;Airdrop incentive program in cooperation with other communities;The above incentives will be determined by the community proposal method

Derivatives trading plays a crucial role in the crypto space. This financial instrument can be in the form of a contract or covenant that allows investors to trade on price fluctuations of crypto assets in the future. Derivatives markets offer greater flexibility and leverage than traditional spot trading, providing investors with more opportunities and risk management tools.

Currently, derivatives trading in the crypto industry is concentrated on centralized exchanges. However, these exchanges also face a number of problems. First, centralized exchanges carry the risk of a single point of failure, which, in the event of a malfunction or attack, will result in trading halts or loss of funds. Second, regulatory risk is also a concern. As the regulatory environment in the crypto space is not yet perfect, centralized exchanges may face regulatory pressure or restrictions from governments.

In order to address these issues and promote the development of the crypto derivatives market, Sei plans to build an L1 blockchain dedicated to order book infrastructure using Cosmos SDK and Tendermint Core. By leveraging the decentralized nature and security of blockchain technology, Sei aims to provide a more reliable, transparent and robust trading platform.

By utilizing Cosmos SDK and Tendermint Core, Sei will be able to build high-performance DeFi products that provide investors with more options for trading derivatives. This will lead to broader market opportunities and better risk management tools for participants in the crypto industry. And by introducing a decentralized order book infrastructure, Sei is expected to attract more traders and increase market liquidity. This will bring more room for the crypto industry to grow and provide investors with a more reliable, flexible and secure trading environment.

Sei Network: the first order book-based L1 blockchain

Sei Network is the first L1 blockchain project based on an order book, using Cosmos SDK and Tendermint Core technology with a built-in Central Limit Order (CLOB) module. This means that decentralized applications built on Sei will be based on CLOBs, and other Cosmos-based blockchains can use Sei's CLOBs as a shared liquidity hub to create a trading marketplace for different assets.Sei's vision is to be the infrastructure and liquidity hub for the next-generation of DeFi products in the Cosmos ecosystem, and to serve as the connection to the entire ecosystem as the underlying infrastructure for DeFi trading.

The Sei Network has several distinguishing features. First, compared to other L1 blockchains, Sei emphasizes that its biggest competitive advantage is speed. Currently, its transaction latency (Time To Finality (TTF)) is around 600 milliseconds, which makes it one of the fastest options for processing transactions among Web3 products.TTF measures the time it takes from transaction submission to transaction confirmation, and while ensuring the irreversibility of the transaction, Sei is able to provide transaction confirmations at a high speed, thus meeting users' fast transaction execution Sei is able to provide transaction confirmations at high speeds while ensuring that transactions are irreversible, thus meeting user demand for fast transaction execution.

Second, Sei has a centralized validation set that has been rigorously tested for stability and security, and applications on Sei can leverage this validation set as their own validation node without the need to redeploy. This reduces the technical complexity and barriers to migrating to the Cosmos ecosystem and provides developers with easier access.

In addition, Sei employs the Frequent Batch Auctions (FBA) mechanism to prevent Maximum Extractable Value (MEV), which is the act of prioritizing and reordering transactions in a blockchain transaction in order to gain an unfair advantage. By using the FBA mechanism, Sei is able to reduce the impact of MEV as the order of trades within the same batch does not lead to price volatility, thus protecting the interests of users and the fairness of trades.

Sei's innovative features will provide users with a faster, safer and fairer trading environment and developers and project builders with more flexible and convenient access.

Technical Features

Sei is a rather technologically powerful blockchain that aims to provide a robust infrastructure and liquidity hub for Decentralized Finance (DeFi) applications. By using Cosmos SDK and Tendermint core builds with a built-in Central Limit Order Book (CLOB) module, Sei is able to provide developers and users with an efficient and secure trading environment.

First and foremost, Sei's CLOB module is one of its key technological components. An order book is a centralized market mechanism that allows buyers and sellers to submit limit orders on the basis of which trades are aggregated.Sei, through its built-in CLOB module, makes it possible for applications to be built on this order book infrastructure and for other Cosmos-based blockchains to share Sei's liquidity hub. This design makes trading between different assets easier and more efficient.

Second, Sei utilizes CosmWasm smart contract technology. By integrating the wasmd module, it enables developers to build decentralized applications using the Rust-based CosmWasm library, which has been widely used in many blockchain ecosystems for its stability and extensive validation. Compared to other development frameworks, CosmWasm offers a simpler development process and better security guarantees, providing developers with a better development experience.

In addition, Sei has introduced its own DEX module so that smart contracts can access deep liquidity directly from the underlying CLOB. By aggregating all trades into a single order book, Sei enables the centralization of liquidity, greatly reducing the time required to start a new project and eliminating the need to rely on market makers to provide market-specific liquidity commitments.

In addition to this, Sei provides dApp integration templates that allow the application to integrate with other dApps or market maker trading liquidity from organizations that partner with Sei, further improving liquidity and user experience.

These features make Sei a powerful DeFi infrastructure and liquidity hub, providing developers with a wealth of tools and resources that will drive the decentralized financial ecosystem.

Financing

1、August 31, 2022, Sei Labs announced the completion of a $5 million seed round led by Multicoin Capital with Coinbase Ventures, GSR, Flow Traders, Hudson River Trading, Delphi Digital, Tangent and others.

2、April 11, 2023, Sei Network announced that it completed a $30 million financing round at a valuation of $800 million, which was led by IOBC Capital, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, Jump Capital and Bixin Ventures.

3、April 12, 2023, according to Fortune, Sei Labs Eco Fund completed a new round of financing of $50 million, which was participated by Bitget and Foresight Ventures.

Conclusion

Derivatives trading has an important role to play in the crypto space, providing investors with more opportunities and risk management tools. However, traditional centralized exchanges suffer from a number of problems such as single point of failure risks and regulatory pressures.Sei plans to build an orderbook-based L1 blockchain using Cosmos SDK and Tendermint Core to address these issues and advance the crypto derivatives market.

Sei's various technological advantages make it a powerful DeFi infrastructure and liquidity center and provide an efficient and secure trading environment for developers and users.

Sei's financing demonstrates the market's recognition of its promise and potential. Through its seed round and subsequent financing, Sei has successfully attracted the participation of a number of well-known investment institutions and venture capitals, providing sufficient financial support for the project's development.

Overall, the launch of Sei brings new possibilities for crypto derivatives trading. Its technical features and financing suggest that Sei has the potential to become the next-generation DeFi product infrastructure and liquidity center. However, Sei will also need to face challenges from competitors, the regulatory environment and market demand as the project develops. Continuous innovation and delivering a superior user experience will be key factors in Sei's success in this rapidly changing industry.

NFT trading, which is currently booming, allows for the transfer of ownership and segmentation as well as profit sharing through smart contracts. Essentially, this set of operations is based on the transmission of NFT data. However, a centralized transmission system is by no means a reliable way to perform the task over the long term. This is why Filecoin was designed as a decentralized storage marketplace, but it creates a clear contradiction in incentives with other DHT storage systems that carry defective data. The storage market is now in desperate need of a new incentive mechanism to match it.

Datamall Chain: centered on storage users

Datamall Chain is an open source blockchain platform which is dedicated to providing stable, reliable and decentralized storage services for Web3 and Dapps.

As an open source blockchain underlying platform for global users, Datamall Chain aims to promote the development of blockchain technology and lay the foundation for the next-generation Internet.

The biggest feature of Datamall Chain is that its ecological construction is always centered on storage users, while its Level 1 protocol is currently compatible with the Filecoin protocol, and in the future it will also be compatible with other storage blockchain products, such as Arweave and Storj. Users can participate in Datamall Chain's storage service by contributing spare storage space, thus receiving corresponding rewards.

All stored data on Datamall Chain is segmented and encrypted before uploading. This means that even if you directly access the data storage device, you cannot get data that does not belong to you. This mechanism makes the user data belong to the user only.

As an open source blockchain platform, Datamall aims to strengthen the next generation of Internet infrastructure and advance blockchain technology. In order to achieve this goal, the primary task complements the deficiencies in blockchain storage. This is the fundamental reason for DMC's existence.

DeFi's "summary list", also known as the consensus list, is the inspiration for the core idea of DMC. The Consensus List matches storage requests posted by storage demanders with storage providers according to rules. Matchers and suppliers must provide "proof of storage delivery" in order to receive incentives. In the event of over- or under-supply, DMC's new mechanism will provide additional "delegated order" liquidity incentives to the party suffering from under-supply.

Ecologically, the DMC incorporates the best of DeFi's design philosophy and provides additional secondary financial instruments. It establishes a collateralized credit ecosystem and a collateralized lending profit sharing mechanism adapted to the storage market, enabling large storage providers, small storage providers, long-term token holders and token investment institutions to find their comfort zones and realize common value in DMC's financial ecosystem.

Technically, DMC not only supports traditional on-chain "proof of time", but also supports offline "proof of service" based on CYFS. Proof-of-service technology puts forward the theory of shared cloud computing. According to the principle of "chaining only when there is a dispute", in more than 90% of normal delivery scenarios, there is no need for processing fees, which truly reduces the cost of decentralized storage and improves the speed of delivery. In addition, CYFS includes address-based decentralized storage, which is faster than DHT-based decentralized storage systems and is infinitely scalable.

Community Architecture

1. Community Roles

DMC's goal is to work with storage service providers to provide affordable storage services to consumers, so the DMC Foundation will work with all individuals and organizations that need affordable storage services, storage service providers (miners/mining pools/traditional storage vendors), traders, and developers who build applications on the DMC platform.

The roles of DMC community members include the following:

1) Miner Consumer (MC) - Data Storage Consumer

MCs purchase storage capacity by purchasing PSTs on the platform and initiate storage challenges during storage service transactions.

2) Miner Provider (MP) - Storage Service Provider

The MP provides storage capacity by selling PSTs on the platform to earn DMCs and accepts storage challenges during storage service transactions.

3) Limited Partner (LP)

A Limited Partner in a DMC provides financial support to the MP to share in storage revenue and rewards.

4) Traders

Traders in the DMC community are people who indirectly help the program through value discovery and liquidity provision.

5) Developers

The DMC Foundation provides incentives and donations to developers who participate in DMC projects and build applications that take advantage of the decentralized data storage services provided by DMC.

2. Community Architecture Analysis

The architecture of the DMC ecosystem can be categorized into three layers: storage application layer, storage transaction layer, and storage service layer.

1) Storage Application Layer

Based on the solid foundation of decentralized storage infrastructure, the DMC community will fund various applications to enrich the ecosystem. These applications include typical blockchain tools such as DEX, DeFi, wallets, blockchain browsers, and NFT, as well as internet applications and DApps built on top of decentralized storage.

2) Storage Transaction Layer

The Storage Transaction Layer is the core of the entire ecosystem and is implemented on top of the public chain used to process storage-related transactions.

3) Storage Services Layer

All storage facilities in the decentralized storage market as well as players in the centralized storage space can join the DMC community as service providers. For example, mining pools and individual miners on platforms like Filecoin, Sia, and Storj, as well as data service providers built on top of AWS or Azure, can enter the DMC's decentralized storage market.

Economic Model

1. DMC Token

Datamall Coin (DMC) is a decentralized cryptocurrency issued by the DMC Foundation based on the Datamall Chain public chain. It builds a decentralized trading market through real data storage services and provides users with a decentralized, efficient, secure and open storage platform. Users can enjoy the leading decentralized storage service by owning DMC, and get corresponding incentives by owning storage space, thus building a sustainable storage ecosystem.

Since the token is designed for the global decentralized storage market, it will represent the actual data storage service capacity and the hand of supply and demand that matches storage needs.

Through the use of DMC, users can purchase storage services; and vice versa, if a user has extra storage space, he/she can offer the space for DMC; or also both.

2. Token Allocation

The total number of DMC tokens is 1 billion, and the DMC tokens will be divided into four parts based on various factors, such as incentives for miners, token holders, and the Foundation.

In the final phase of token release, miners are expected to hold 60% of the total tokens, ecosystem and partnerships 20%, marketing and operations 15%, and the DMC team the remaining 5%.

The DMC Foundation will not pre-distribute any tokens for itself, but in order to support developers and community members in the DMC ecosystem, a predetermined percentage of mined tokens will be distributed to the DMC Foundation to keep the DAO running.

Starting from the first phase, the miners' share of the total output of the phase gradually increases, while the Foundation's share gradually decreases and is released linearly. This is shown in the figure below:

Conclusion

Taken together, DMC's Level 1 protocol is already compatible with the Filecoin protocol and will be compatible with more decentralized blockchain storage projects in the future, such as Arweave, Sia, and Storj.

With the increase in the number of users, the reduction of storage costs and the optimization of the reward mechanism, it is expected that the stickiness of users will also increase further, thus promoting the virtuous cycle and dynamic development of the DMC ecosystem.

It is foreseeable that multiple decentralized cloud storage products will emerge from the DMC ecosystem, and their future possibilities are exciting. Even a sound decentralized Web3.0 storage transaction ecosystem is expected to be established eventually.

On the whole, the DMC ecosystem has huge development potential and deserves our close attention and anticipation.

In the wave of the digital era, the emergence of blockchain technology has brought revolutionary changes to various industries. Among them, the gaming industry, as a highly digitalized field, is particularly striking in its transformation. PlanckX, a game aggregation platform based on blockchain, is an important participant in this transformation.

Overview

In the traditional gaming industry, players spend a lot of time and money but can only obtain limited economic returns. What's worse, their digital assets only exist in centralized data controlled by developers. In this situation, players' rights and interests are not fully protected, and there is a clear imbalance between their efforts and rewards. The emergence of PlanckX aims to change this situation. PlanckX is a web3-based game aggregation platform that provides marketing and game asset trading services for blockchain games. Its goal is to change the current state of the traditional gaming industry, enable game assets to go on-chain, and create a place for free trading. PlanckX is an all-in-one platform for creating, publishing, and trading digital game assets, while also providing full support for game developers, including game project incubation, one-click release of digital assets, and operational support. Players can also experience various GameFi products on our platform, earn and trade digital assets.

Background and Objectives

PlanckX is a virtual metaverse that was discovered in 2030 when humans successfully introduced their consciousness into a higher-dimensional space called "PlanckX". Within "PlanckX", there are many three-dimensional spaces formed by Hilbert's dimension reduction. Each three-dimensional space exists in the form of a cube, which scientists call a "hypercube" or "cube". Each cube can hold an independent world, and people can access these cubes with their transmitted consciousness. In 2030, scientists launched the PlanckX Laboratory and planned to open the entrance to PlanckX. Successful applicants can enter the PlanckX space to become developers or participants of the cubes, and together create the future of PlanckX.

The main objective of PlanckX is to break the monopoly of traditional game distribution platforms and throw commission agreements into the trash; to ensure the security of player assets through blockchain and NFT technology, because we truly value the time and passion you invest; to create a healthy and robust economic system, realizing "create-to-profit" and "play-to-profit", and ultimately build a world of boundless possibilities, where game developers and players can connect freely.

Core Concept

PlanckX's core concept is to transfer game assets to the blockchain and create a place where they can be freely traded. This allows players' digital assets to no longer be limited by developers, but instead be freely traded on the platform, thereby increasing their value. At the same time, this also enables players to receive more direct and fair rewards for their efforts.

Features and Services

PlanckX is an all-in-one platform for creating, publishing, and trading digital game assets. It provides full-process support for game developers, including game project incubation, one-click digital asset publishing, and operational support. These services not only greatly reduce the workload for developers, but also provide them with more innovation possibilities.

For players, they can experience various Play-to-Earn GameFi products on the PlanckX platform, earning and trading digital assets. This not only enhances the fun of the game, but also brings tangible economic benefits to players.

Features

PlanckX provides comprehensive technical support for traditional gaming on the blockchain. The project's SDK enables one-click creation of NFTs and easy integration of NFTs into games, ensuring both gameplay and the value of NFTs. In addition, there is a unique Layer 2 solution to improve transaction efficiency and reduce costs, while fully adhering to the security and decentralization principles of blockchain.

PlanckX is an all-in-one gaming platform where players can freely play various games. There is no need to individually input your account name or email address to register in different games. A PlanckX user account can be used in all games on the platform to ensure the best gaming experience. At the same time, the platform is designed to "play and earn" based on the principles of blockchain gaming, allowing players to earn profits by playing games and upgrading their accounts.

Conclusion

The emergence of PlanckX undoubtedly brings new vitality and possibilities to the blockchain gaming industry. Its goal is to break the monopoly of traditional game distribution, tokenize game assets, and create a place for free trading. This not only provides more possibilities for game developers, but also provides more opportunities and choices for players.

The concept and technology of PlanckX represent the future direction of the blockchain gaming industry. It combines gaming with blockchain technology, allowing players to enjoy the game while also gaining tangible profits. This is a new game mode and a new value concept.

We look forward to the future of PlanckX. We await its development and how it will impact the entire blockchain gaming industry. But regardless, PlanckX has already opened a new chapter, bringing new hopes and opportunities to the blockchain gaming industry.

In this limitless new world, let us look forward to the future of PlanckX together, and the future of blockchain gaming.

With the rapid advancement of technology, artificial intelligence (AI) and blockchain, as two disruptive technologies, are deeply merging. W3A (World Wide Web Algorand) and SmartMesh, two projects built on this innovative thinking, are using the advantages of these two technologies to create a decentralized and user-friendly new generation internet.

W3A: Pioneering the breakthrough of traditional network constraints

W3A is an innovative project that combines AI technology with Web3.0. Its mission is to break the current internet model, achieve data freedom and fairness through blockchain technology, and improve service efficiency and provide a better user experience through AI.

Core Philosophy and Technology

The core philosophy of W3A is to build a decentralized network that does not rely on trust in third parties, and to protect user privacy and prevent data misuse through blockchain technology. At the technical level, W3A mainly relies on the following two technologies:

1.Blockchain technology: Blockchain technology ensures data transparency and integrity, making it ideal for handling and storing large amounts of data.

2.AI technology: AI technology can extract valuable information from massive amounts of data, improve service efficiency, and enhance user experience.

SmartMesh: A Communication Revolution without the Internet

SmartMesh is a groundbreaking project that enables mobile-to-mobile communication without the need for the internet. It breaks the traditional service provider-based communication model and creates a decentralized communication ecosystem based on user device self-organizing networks using blockchain and IoT technologies.

Core Concept and Technology

SmartMesh aims to create a global peer-to-peer mobile communication network that allows direct communication between mobile devices without the need for the internet. Its core technologies include:

1.Mesh Technology: Mesh technology enables devices to communicate without a central scheduler, achieving true decentralization.

2.Blockchain Technology: Blockchain technology ensures the security and reliability of data, preventing third-party intervention or tampering.

Voice AI Empowerment: LingoAI

In building the future internet world, both W3A and SmartMesh have received strong support from LingoAI. LingoAI is an efficient multilingual speech recognition and synthesis system that can instantly convert and understand over 30 languages, providing users with a seamless cross-language communication experience.

Core Concept and Technology

LingoAI aims to break the language barrier and enable people around the world to communicate and understand freely through cutting-edge AI technology. Its core technologies include:

1.AI speech recognition: Accurately recognize speech in various languages through deep learning methods.

2.Speech synthesis: Generate natural and fluent speech based on text content.

Summary

W3A and SmartMesh have demonstrated a new era of the Internet that does not require trust in third parties, with transparent data and significantly improved efficiency, through the deep integration of AI and blockchain technology. Although these projects are still in the development stage, their ideas have already started to influence and change our way of life. In the future, we look forward to seeing these disruptive technologies bring greater well-being to the world.

IOST, short for Internet of Services Token, is a blockchain-based decentralized network that aims to provide an enterprise-level solution for online service providers.

Established in 2017 and headquartered in Singapore, IOST is an enterprise-level blockchain application platform developed for online service providers, supported by globally leading USD investment institutions such as Sequoia Capital, IDG Capital, and ZhenFund.

IOST 2.0 features high throughput and availability, making it a true Web 3.0 blockchain operating system.

IOST 2.0 - The Merge IOST adopts the Beacon Chain + Smart Chain architecture to be compatible with EVM, and the communication between the two will use the standard Engine API.

IOST 2.0 is continuously evolving and upgrading multiple sub-chains, which include both general-purpose smart contract chains using EVM and specialized sub-chains such as NFT chain, gaming chain, AI Native chain, and more.

Technology

IOST is a blockchain-based enterprise-level application platform developed for online service providers. By utilizing the Proof of Believability (PoB) consensus algorithm and the design of second-layer scaling solutions, IOST achieves its goals of horizontal scalability and high throughput. In addition, IOST provides a platform for third-party developers, creators, and enterprises to realize value through the development community network.

In the PoB mechanism, the access threshold for becoming a candidate node is lower, allowing more community members to participate in the selection process. At the same time, through frequent rotations, most candidate nodes are eligible for selection, resulting in a highly decentralized committee with much greater decentralization than the DPoS mechanism used by EOS, which relies on a small number of super nodes and candidate nodes. This achieves better community autonomy and ensures higher security.

IOST has created a decentralized economic system that is high-performance, secure, transparent, and sustainable. Currently, IOST's market coverage spans nearly 30 countries and has a large number of global developers.

Features:

1.Censorship Resistance - IOST allows developers to create censorship-resistant applications and smart contracts.

2.Algorithmic Election of Committee - IOST selects verification committee members based on contributions to the community and the number of tokens held, using an algorithm instead of an on-chain voting system like most DPoS-based blockchains.

3.Equal Distribution of Economic Incentives - The unique design of the Proof of Believability (PoB) consensus mechanism in IOST is that Servi (node points) are self-destructive. After a node validates and produces a block, the system automatically reduces the node's Servi balance. Since all nodes take turns verifying blocks based on their credibility scores from high to low, nodes with high credibility will constantly change due to the destruction of Servi points, ensuring equal distribution of block rewards.

4.Proof of Believability - The original consensus mechanism of IOST.

5.Scalability - Improves scalability through protocol-level and Layer-2 expansion solutions, including state channels, sharding, and side chains.

In short, it has these technical advantages: developer-friendly, high-throughput, more decentralized, and highly scalable.

The IOST mainnet was officially launched on February 25, 2019. The IOST development team has maintained an attitude of continuous innovation and has undergone more than 50 version updates and optimizations by March 2023, from Olympus 1.0.0 to Olympus 3.9.2.

Currently, the IOST mainnet is experiencing rapid growth in terms of DApp numbers, mainnet account numbers, and mainnet transaction volumes. In the 27th edition of the CCID Global Public Chain Technology Evaluation Index released by the China Electronics and Information Industry Development Institute (CCID Research Institute) on December 27, 2021, IOST ranked first in basic technology and third in overall technology.

IOST is a secure, user-friendly, and high-speed decentralized blockchain network based on the highly scalable Proof of Believability (PoB) consensus algorithm. Additionally, IOST has achieved its goals of horizontal scalability and high throughput. Its peak TPS can reach 8000, with a total network transaction volume of 700 million and a block height of over 240 million.

Project funds and liquidity

The circulation of IOST is about 18.7 billion. At the same time, IOST has been listed on over 100 exchanges, providing good liquidity for the project.

IOST ecosystem

As of March 2023, more than 500 node partners and numerous high-quality partners from nearly 30 countries around the world have joined the IOST ecosystem. These include dozens of mainstream media outlets (such as Cointelegraph, Jinse, Coinpost, Bitcoin.com), mainstream exchanges (Binance, Huobi, OKEx, CoinCheck, Upbit), top-notch technical teams (Metanyx, Platinum Egg, NFT-Japan Inc.), and enthusiastic community builders. With everyone's joint efforts, the extensive ecological layout of IOST has achieved impressive results.

Including:

1.Truly useful for TO B applications

2.DApps

3.Rich wallet support

4.Global node partners

5.DeFi

6.NFT

7.Global university activities

8.Global cooperation

IOST's ecosystem has developed rapidly and has deep cooperation with various institutions such as Enterprise Singapore, Singapore Blockchain Research Institute, Fuji City Government in Japan, China Software Industry Association, China Enterprise Council, AWS, Hyperledger, CCID, and Japan Blockchain Association. These collaborations effectively utilize blockchain technology to promote the development of the real economy.

Compliance

IOST project adheres to strict compliance globally. In September 2020, IOST received licenses from the Financial Services Agency (FSA) and the Japan Virtual Currency Exchange Association, becoming the 29th compliant token in the Japanese cryptocurrency market. Subsequently, IOST was listed on major compliant exchanges in Japan like Coincheck, OKCoin Japan, Bitpoint Japan, and Huobi Japan, making it a compliant token on these exchanges.

IOST's development in the South Korean market is as follows: In July 2018, IOST was listed on Gopax, a cryptocurrency exchange audited by the Korea Blockchain Association's self-regulation committee, and Upbit, South Korea's largest compliant exchange. In April 2020, IOST was listed on the compliant exchange Bithumb in South Korea and became the first supported cryptocurrency for Bithumb Staking. In October of the same year, IOST's ecosystem partner, Donnie Finance, was launched on Coinone, a leading compliant trading platform in Korea.

In Southeast Asia, since 2018, IOST has been listed on well-known exchanges in multiple countries and regions, including Zebpay and Wazirx in India, KKCoin and Crypto.com in Singapore, and INDODAX and TokoCrypto in Indonesia. Furthermore, IOST has been included in the curriculum of the Singapore Blockchain Research Institute alongside Ethereum and Hyperledger, further proving its leadership in blockchain technology and applications.

In addition, from 2018 to 2021, IOST has been listed on several major compliant exchanges worldwide, including Bitfinex in Hong Kong, BitMart in the Cayman Islands, HitBTC in the UK, Binance Exchange, Latoken in Russia, Gate.io in the Cayman Islands, and BitPanda in Europe.

Recent Plans

This is an overview of IOST's development plans and goals: IOST plans to accelerate the development and construction process of EVM, upgrade and optimize the IOST block explorer, improve the user experience of the plugin wallet, and support NFT display. At the same time, IOST will continue to lower the threshold for account creation, simplify the new account registration process, and launch a new round of high-quality project funding to strengthen the IOST ecosystem construction. IOST also plans to continue promoting relevant cooperation in the Web3 field, establishing the IOST Vietnam market team to deeply develop the Southeast Asian community, and expand more high-quality ecological partners worldwide. In addition, IOST will increase the popularization of basic knowledge of IOST chain through multiple channels.

In the future, IOST plans to announce the progress of its support for EVM (Ethereum Virtual Machine) and explore the on-chain governance DAO (decentralized autonomous organization) mechanism. It will standardize code development processes, improve the IOST improvement proposal process, and strengthen the research and development of on-chain infrastructure in the fields of DeFi, NFT, GameFi, Web3, and others. At the same time, the team will publish the development status and cooperative relationships of EVM fund investment projects, and continue to incubate high-quality Web3 projects to comprehensively develop the IOST ecosystem. IOST also plans to optimize its ecosystem construction reward mechanism, expand the Thai market, continue to cultivate the Southeast Asian community, and establish key ecosystem growth regions including Southeast Asia, East Asia, North America, and Europe. Finally, the team plans to increase the coverage of IOST on global exchanges.

On the other hand, the project team recently had a series of ecological development activities in Hong Kong, including:

On April 7, 2023, the IOST Hong Kong office was officially completed, the Hong Kong market team was formed, and cooperation and negotiations for IOST's business in Hong Kong have gradually begun;

On April 13, IOST participated in the 2023 Hong Kong WEB3 Carnival and met with Cyberport to exchange Web3.0 development;

On April 14, IOST held a closed-door meeting with the Hong Kong Science and Technology Park on "Blockchain +" empowering enterprise digital transformation and upgrading;

On May 15, IOST jointly organized the "2023 Hong Kong Web3.0 Exchange Conference" with BitValue Capital, Alibaba Cloud, Animoca Venture, Cyberport, RACA, HashKey, and OSL;

In mid-May, the Hong Kong Metaverse music interaction platform MUXIC officially became an IOST node partner;

On May 25, IOST officially became a strategic partner with Web3.0 social platform DBX Global;

In late May, IOST officially established a strategic partnership with Hong Kong's WEB3HUB;

On May 31, IOST cooperated with Professor Emil Chan, a Hong Kong fintech education evangelist, to create a global emerging technology education DAO;

On June 2, IOST officially launched the 223 Booster incubator in Hong Kong in cooperation with BitValue Capital;

On June 7, IOST was invited to participate in the "Seminar on Cloud and Innovative Technology Application and 10th Anniversary Celebration of Association" in Hong Kong;

On June 14, Spark Digital Capital, BSCS, 852Web3, and other well-known institutions from major global crypto markets officially joined the 223 Booster and became the first executive committee;

In late June, Hong Kong's well-known Metaverse platform AiR Metaverse officially joined the IOST ecosystem, establishing a strategic partnership;

On July 7, Hong Kong's well-known art company Art Group officially joined the IOST ecosystem, establishing a strategic partnership;

In mid-July, IOST and MUXIC jointly held the "Love Fund 10th Anniversary Charity Concert - MAD SHOW 3: Encounter Legend" at the Kowloon Bay International Trade & Exhibition Centre STAR HALL in Hong Kong and issued IOST on-chain NFT tickets "iMUXIC".

Conclusion

Overall, the IOST project has shown strong potential and prospects with its unique technological advantages and clear development plans. Its efforts in the application and promotion of blockchain technology not only provide an enterprise-level solution for online service providers but also provide a platform for developers and users worldwide to realize value. In the future, IOST will continue to deepen cooperation with global partners, promote the development of the IOST ecosystem, and provide more value to global users. We look forward to IOST continuing to play a leading role in the blockchain field and promote the progress and application of blockchain technology.

In the bear market background of 2023, the MEME track is hot against the trend, and various projects are emerging like mushrooms. In this context, AITOM , as an innovative AI application project, has attracted attention. It is the first vertical landing AI application product based on the ARB network in the MEME track, and it is the first blockchain AI traceability, query, and tracking system. AITOM references the IP image of "TOM the cat" to protect users' digital assets and become a reliable AI detective and assistant for users.

AI-driven Cat Detective

As a cutting-edge guardian of blockchain assets, AITOM utilizes advanced artificial intelligence technology to fight against theft and protect users' digital wealth. Its working principle includes:

1.Unparalleled security: AITOM has the most advanced algorithms to continuously monitor the blockchain network and quickly identify suspicious activities and potential threats.

2.Intelligent threat detection: With its adaptive learning function, AITOM evolves with constantly changing network threats. It analyzes patterns and detects phishing attempts, malware, and hacker attacks, ensuring users' assets are protected from various forms of attack.

3.Highly vigilant protection: AITOM strives to establish a vast attack pattern and countermeasure database. With this knowledge, it can proactively eliminate threats and strengthen the blockchain network.

4.Empowering users: AITOM empowers blockchain users to confidently navigate the digital realm, bidding farewell to sleepless nights worrying about asset security - AITOM guards at all times, allowing users to focus on their journey to financial freedom.

Concept of Price Pool

AITOM's on-chain tax mechanism truly considers the interests of holders and ensures their long-term profits. AITOM is the first project on the entire network to propose the concept of a price pool and continues the tradition of burning tokens, thus having a complete and positive circulating token dividend model to empower the development of the entire ecosystem.

The on-chain tax distribution of AITOM is as follows:

1.On-chain taxes come from a 10% transaction tax (0% for buying and 10% for selling), with no tax on transfers.

2.Distribution mechanism of the 10% on-chain tax:

(1) 30% is rewarded as ecosystem incentives to community contributors.

(2) 30% is burned to promote positive circulation.

(3) 40% of the tax is used for the price pool to provide value guarantees for ecosystem development.

Highlights of the project

The seven highlights of the AITOM project include:

1.In the MEME track, AITOM is the first blockchain AI traceability, query, and tracking system based on the ARB network;

2.The innovative price protection pool mechanism safeguards user interests and allows circulation to truly generate value;

3.A more open, fair, and just IDO sales method allows community users to obtain cheap and transparent AITOM coins, helping ecological development;

4.The innovative on-chain relationship confirmation technology, reasonable tax distribution mechanism, and sound reward mechanism establish effective community consensus;

5.A reasonable token distribution mechanism that entrusts true rights to the consensus community alliance. Subsequently, more rights will be empowered to the community, such as IDO reward pools and DEX lottery pools;

6.Mature AI products that provide more vertical and effective content output for more demanding users. Using products to win market recognition and lay a solid foundation for ecological construction;

7.The initial circulating supply is small, with a circulation market value of 40ETH, and the community's chip holdings are widely distributed, with small individual holdings and strong value consensus.

Conclusion

AITOM is an AI-driven blockchain innovation project in the MEME track. It is the first vertical application AI product based on the ARB network and also the first blockchain AI traceability, query, and tracking system. AITOM, borrowing the IP image of "Tom the Cat," is committed to protecting users' digital assets and becoming their AI detective and assistant.

AITOM utilizes advanced artificial intelligence technology to combat theft and protect users' digital wealth. Its working principles include unparalleled security, intelligent threat detection, highly vigilant protection, and empowering users.

The highlights of the AITOM project include its leading position in the MEME track, innovative price protection pool mechanism, transparent and fair IDO sales method, innovative on-chain relationship confirmation technology, reasonable token allocation mechanism, mature AI products, and limited initial liquidity supply.

In summary, AITOM is a project with clear goals and plans. It is steadily progressing in various tasks, including IDO sales, listing on DEX and CEX, community growth, initiation of ambassador recruitment program, listing of multi-chain wallet asset queries, and launching of a staking pool. AITOM will provide powerful services to enhance consumer trust and protect user assets, with Tom the detective ensuring that there is no place for "evil" and "impurities" on the blockchain.

In the blockchain industry, Cobo has always won the trust and praise of many users with its superb technology and excellent service. Recently, the newly launched Cobo Argus V2 digital asset management system has attracted widespread attention, which indicates that Cobo's understanding and layout of digital asset custody are continuously deepening and expanding in the context of continuously supporting the Web3 era.

Cobo Argus

Cobo Argus is a set of secure and efficient encrypted asset management technology solutions, supporting role-based access control, DeFi investment strategies, and other multiple functions. Whether you are a DeFi fund manager, market maker, or Web3 project founder, Cobo Argus helps improve work efficiency, while enhancing internal control security, identifying, and reducing DeFi interaction risks.

Cobo Argus's product architecture includes the application layer, tool layer, and underlying layer. The application layer includes DeFi authorization strategies, strategy robots, custom robots, token approval management, DeFi monitoring and alarms, and other functions. The tool layer includes on-chain access control, Cobo Safe, and other tools. The underlying layer includes private key management, Gnosis Safe, and Account Abstraction, etc.

The four core advantages of Cobo Argus are:

1.Simplifying complexity: Simplify complex multi-signature operations into single signature. Administrators can delegate pre-authorized DeFi permissions to team members, allowing them to initiate transactions with a single signature.

2.Automated DeFi robots: Enhance returns and automatically manage risks. Users can configure their own triggers and set up tasks to be automatically executed on-chain, including data monitoring, alert notifications, advanced DeFi operations, etc.

3.Strategy authorization: Make DeFi investments easy. Strategy authorization enables seamless integration with popular DeFi protocols, and administrators can delegate readily available roles for various popular DeFi protocols to team members.

4.Smart contract-based custody: Built on the most well-known smart contract multi-signature wallet, Gnosis Safe, in the Ethereum ecosystem, the private keys are completely controlled by users, with no single point of failure risk.

Cobo Argus supports all open-source DeFi protocols, as well as 8 major public chains including Ethereum, BSC, Polygon, Gnosis, Avalanche, Arbitrum, Optimism, and Goerli.

New choice for DeFi investment management

The Cobo Argus platform implements role-based access control based on Cobo Safe. Cobo Safe itself can freely configure various types of Authorizers and Role Manager to achieve flexible access control. However, in Argus, a more fixed configuration is used to meet the general needs of most people. In Argus, an Authorizer is used to represent a transaction permission (Permission), and multiple Authorizers bound to the same Role represent a collection of Permissions assigned to this Role. Multiple combinations of Roles can form a fixed pre-authorization strategy (called Strategy), making it convenient for Delegates to complete predefined investment operations for a certain DeFi project.

Process of Use

In Argus, the typical interaction process between users and Cobo Safe is as follows:

In Cobo Argus, users can import Safe Wallet onto the platform, with the following specific steps:

1.Click on the 【Import】button.

2.Select the wallet and establish a connection.

3.View all the Safes managed under this wallet.

4.Check all the Safes that need to be imported.

5.Name the Safe.

6.After naming, click on 【Import】 to complete the import.

7.Imported Safes can be viewed on the list page.

This process provides users with a convenient and efficient way to easily import their Safe Wallets from other platforms onto Cobo Argus, thus achieving unified asset management.

DeFi Robot

Cobo Argus V2 has comprehensively upgraded its functions in strategy robot, automatic harvest robot, and custom robot, fully demonstrating its unique understanding and strength in deep integration of DeFi applications. Among them, the strategy robot provides a user-friendly way for users to define and execute complex trading strategies without writing any code. This feature covers multiple chains and all global DEX trading platforms, and can track market trends in real time, triggering trading strategies according to preset conditions. In addition, the automatic harvest robot brings great convenience to users, as it can automatically collect profits from various DeFi protocols, allowing users to easily obtain profits without manual operations. It is worth mentioning that Cobo Argus V2 also supports custom robot functionality, allowing users to create personalized robot strategies according to their own needs, meeting more trading strategies and business requirements, further expanding the possibilities of DeFi investment.

Prospects

As a new DeFi investment management tool, Cobo Argus has attracted a large number of users with its powerful functions and flexible configurations. With the continuous development of the DeFi market and the increasing demands of users, Cobo Argus is expected to become a new benchmark for DeFi investment management.

Cobo Resource Service Platform: Popularizing blockchain knowledge and promoting community sharing

Cobo not only provides excellent products, but also makes significant contributions to the popularization and sharing of blockchain knowledge. Cobo's resource service platform is a dynamic learning and communication center.

On this platform, developers and ordinary users can access the latest blockchain news, research reports, tutorials, as well as Cobo's development documents and API interfaces. These resources cover not only the basics of blockchain, but also the latest industry trends and technological developments, helping users understand and apply blockchain technology from different perspectives.

It is worth mentioning that Cobo's resource service platform is not only a platform for one-way knowledge transmission, but also encourages users to participate in discussions and sharing, forming an open, interactive, and sharing learning community. This open attitude and collaborative spirit undoubtedly contribute significantly to Cobo's promotion of the development of the blockchain industry.

Summary

Cobo's successful release of Argus V2 once again demonstrates its professional strength and unique vision in the field of digital asset management. The rich content and open attitude of its resource service platform also reflect Cobo's innovative spirit and community responsibility.

Facing the rapid development and future challenges of the blockchain industry, we have reason to believe that Cobo will continue to make greater contributions to the development of the domestic and international blockchain industry with its rich product line, efficient services, and profound technological accumulation.

LITTLEMAMI is a company specializing in the development of Metaverse and NFTFi infrastructure. It has established an ecosystem for NFT and Metaverse platforms based on a club model. As a platform based on blockchain technology, LITTLEMAMI's main goal is to establish global infrastructure that enables digital assets to access innovative value-added services, driving the development of global digital assets and significantly enhancing the value and quality of the Metaverse.

Features

As one of the important applications of blockchain technology, the LITTLEMAMI platform will bring more efficient, secure, and transparent digital asset management to industry users. In addition, LITTLEMAMI also has a token called LMC, which plays a crucial role in the entire Mami Protocol ecosystem and is the main token for future commercial applications. LMC, also known as Little Mami Coin, is the core token of the LITTLEMAMI platform. LITTLEMAMI LABEL is an NFT and Metaverse application platform built around clubs. It aims to transform the Metaverse into the real world. Mami Protocol is an open-source protocol aimed at addressing liquidity issues in the NFT market by supporting the creation of ERC20 and ERC721 trading pairs, allowing users to earn liquidity tokens by staking ERC20 and ERC721 tokens. LMC is applicable to the entire Mami Protocol ecosystem and is the main token for future commercial applications.

Mami Protocol

Mami Protocol is an open-source protocol aimed at addressing liquidity issues in the NFT market by supporting the creation of ERC20 and ERC721 trading pairs, allowing users to earn liquidity tokens by staking ERC20 and ERC721 tokens.

Core Concept

The core concept of the MAMI protocol is to provide stable income through innovative means. It allows users to obtain stable income through a mechanism called "stablecoin debt". This mechanism works by users depositing their stablecoins into the protocol, which are then used for various investments to generate income. This approach not only provides stable income for users, but also reduces risks.

Principle

The MAMI protocol operates by using a mechanism called "stablecoin debt" to enable users to obtain stable income. Users deposit their stablecoins into the protocol, which are then used for various investments to generate income. This approach not only provides stable income for users, but also reduces risks.

Advantages

The MAMI protocol stands out for its innovation and stability. Through the mechanism of stablecoin debt, users can obtain stable income without worrying about market fluctuations. Additionally, the MAMI protocol offers high transparency, as all transactions can be traced on the blockchain, allowing users to monitor their investment status at any time.

Outlook

The future prospects of the MAMI protocol are very broad. With the continuous development of blockchain technology, we can foresee that the MAMI protocol will play an increasingly important role in the future financial market. By providing stable returns and reducing risks, the MAMI protocol has the potential to become an important tool in the future financial market.

Project Ecology

The LITTLEMAMI ecosystem includes multiple parts, such as Mami Protocol, Token Economics, Ecology, and LMC Foundation. Among them, Mami Protocol serves as a channel connecting various Metaverse communities, and it is crucial for more NFT projects to join the protocol for staking to further enhance the Metaverse ecosystem. In addition, the LMC Foundation is responsible for managing the entity of LMC. It is not a regulator but rather a foundational layer that LMC DAO holders can establish.

Project Roadmap

LITTLEMAMI's project roadmap is divided into three phases, starting from the second quarter of 2023, including IEO, opening LMC/USDT trading pairs, LMC Tool airdrop, PFP auction, PFP composite part 1, LMC airdrop activities, PFP launch, LMC wealth management, ecological settlement, and other activities. In the second phase, there are plans to launch Swap, Pool, and NFT list functions in the fourth quarter of 2024. In the third phase, the official version is planned to be launched in the fourth quarter of 2025.

Conclusion

With its unique development of Metaverse and NFTFi infrastructure, the LITTLEMAMI project showcases its innovation and strength in the application of blockchain technology. By building the infrastructure for global digital asset value-added services, LITTLEMAMI not only promotes the development of global digital assets, but also significantly enhances the value and quality of the Metaverse. In the future, with the gradual implementation of the project roadmap, we look forward to LITTLEMAMI bringing more efficient, secure, and transparent digital asset management methods to industry users. At the same time, through its LMC token, it further promotes the development of the entire Mami Protocol ecosystem. Overall, the LITTLEMAMI project has tremendous potential and prospects, and it is worth our continuous attention and anticipation.

Social Media Stats:

Community Events

1. We’re thrilled to announce the latest update of Party Planet, version 1.2.1. This update brings exciting new features and optimizations to enhance users’ gaming experience.

To celebrate this milestone, we’re launching the third round of the Party Planet Referral Program with exclusive rewards. For each valid referral, you’ll receive 75 $DPM and 10 $CMP. As a token of appreciation to Skytopians, we’ve promised an extra bonus: once the total number of invitees reaches 1000, the $CMP prizes for each valid referral will double to 20 $CMP. Don’t miss out on this opportunity to win your fortune! Gather your squad, spread the word, and start referring! Let’s dominate Party Planet together!

For more details: https://twitter.com/SkylandNFTs/status/1676177829149687808

2. The third live-streaming event, “The Battle of Party Planet,” on Discord was a huge success on July 7th! It was an epic face-off between our OG Skytopian, JUOLUO, and our incredible game designer, Jimmy! The battle was intense, and ultimately Jimmy remained undefeated, emerging as the leader with an impressive 8 wins, while JUOLUO secured 3 wins.

Jimmy has been the champion for the past three rounds, and no one has been able to defeat him yet. Are you up for the challenge? Let our team know, and if you manage to defeat Jimmy, you’ll be awarded a grand prize of 200 $FPU! Additionally, Skytopians were invited to place their bets on their favorite player, and those who supported the winning side were each awarded 100 $DPM.

Thank you all for being part of this exciting event, and we look forward to more thrilling gaming battles and live streams!

Challenge Jimmy on Discord: https://discord.com/invite/skytopia

3. We were glad to participate in the text Telegram AMA hosted by PearDAO on July 4th. Lamar, Head of the Community at Skytopia, attended the AMA and introduced Skytopia as a Web 3 entertainment ecosystem focused on building a linkable and infinitely expandable metaverse. The discussion also highlighted the unique product and tech features that Skytopia offers. We presented the latest progress of Skytopia during this AMA. Before the AMA came to an end, there was a Q&A session where users could ask questions about Skytopia, and 100 $DPM was distributed to each of the 5 lucky questioners.

To add some excitement, Skytopia provided 250 $DPM for 5 lucky winners who engaged with the AMA pre-announcement tweet. Don’t worry if you missed out! Stay tuned for more updates and collaboration events across our social media channels!

Learn more here: https://twitter.com/SkylandNFTs/status/1676212181527035904

4. On July 5th, Skytopia partnered with Mallconomy for an epic joint giveaway campaign. As a gesture of gratitude, we offered participants a chance to win 100 $FPU during the giveaway. Keep an eye on our official Twitter account in case you missed out on any ongoing events!

The final lucky winners have been announced on Twitter and in our Discord giveaway-winners channel. Feel free to check if you are one of the lucky winners.

Find more details about the giveaway campaign: https://taskon.xyz/campaign/detail/6649

Check the winner announcement: https://twitter.com/SkylandNFTs/status/1678652404479463425?s=20

5. We are excited to announce our partnership with CyberCity, a competitive Web3 Cyberverse with tokenized assets, virtual lands, and NFT characters. Together, we will unlock new opportunities and enrich the Web3 world. Stay tuned for more updates and collaboration events!

Download PartyPlanet V1 via Mac or Windows: https://skytopia.io/#/game

Here’s An Introduction to Party Planet: https://medium.com/@SkylandNFTs/an-introduction-to-party-planet-7a3125b6a6d9

Check out our Party Planet’s official game trailer: https://youtu.be/4dlorfwG4P4

or more information please join the conversation on our Discord or follow us on Twitter. Also, feel free to clap and share if you like this content.

Join the community:

Linktree Website Discord Twitter Instagram Facebook YouTube

HOTDOG offers a suite of products, ranging from metaverse space, digital virtual characters, virtual scenes, digital products, and trendy e-commerce IP, all of which have been recognized by the Metaverse Industry Committee of China Mobile Communications Federation as a "top 10 metaverse technology" product.

In 2023, dot.Gaming was founded and secured a pre-seed round investment from HOTDOG, marking the beginning of a strategic partnership that aims to drive the game's production and marketing activities to new heights. The game draws on the company's expertise in metaverse, NFT, and virtual technology to create an immersive and multidimensional gaming experience that brings the magic of virtual worlds to life.

Joining hands to build ONE Gaming Ecosystem, carefully planned with shared resources, ecosystem wide events, linked social systems and cross game incentives.

dot.GAMING Studio Primary Game 1: Sailwars

"Sailwars" is a cutting-edge web3 NFT game that incorporates innovative gameplay and technology, including SLG strategy warfare, simulation management, multiple mode battles, and NFTs. The game is set in the medieval era of naval warfare, where players can establish and upgrade their own empire and economy on the vast sea, partake in thrilling sea battles, and even form maritime alliances.

In the game, players can perform operations such as character and fleet upgrades, resource collection, city building, technology R&D, and more, offering a fully immersive strategy game experience.

​https://sailwars.com

#web3game #gamefi #NFT 

A notable characteristic of NFT smart contracts is their exclusion of the artwork, imagery, or files themselves, containing only links or URIs to these elements and their metadata. Consequently, the responsibility for hosting this content does not fall upon the blockchain, as the tokens merely pinpoint off-chain locations for the files and data.

NFTScan’s NFT API provides swift access to comprehensive NFT information from multi-chain blockchains, such as EVM chains, Solana, Aptos, and Bitcoin networks.

Bypassing the need for manual scanning, indexing, and data storage, users can now issue a single request to obtain specific NFT information for both ERC-721 and ERC-1155 tokens. This encompasses information retrieval, such as identifying all NFTs associated with an address or obtaining metadata and attributes for a specific NFT token.

NFTScan SDK Tool

The NFTScan SDK libraries offer seamless deployment of smart contracts and invocation of methods on prevalent contract definitions via the NFTScan API, eliminating the need for developers to master Solidity, compile code, or import ABIs.

Employing the SDK, one can effortlessly execute calls on supported networks utilizing JavaScript.

Moreover, the SDK delineates standard read and write methods, with read methods accessible for trial through interactive REST APIs.

Use Guide

Step 1: Access NFTScan Analytics SDK Tool

NFTScan API Docs

2. Click the “JS- SDK” to take you to the NFTScan SDK GitHub repository

JS-SDK

GitHub repository

Step 2: Set Up Your Development Environment

Before you start building your app, you need to set up your development environment. Ensure that you have the following tools installed on your computer:

1. Node.js: This is a JavaScript runtime built on Chrome’s V8 JavaScript engine, which allows you to run JavaScript on the server-side.

2. Git: This is a version control system that allows you to manage your code and collaborate with other developers.

3. A code editor: Choose a code editor that you are comfortable with. Some popular options include Visual Studio Code, Sublime Text, and Atom.

Step 3: Clone the SDK Repository

Once your development environment is set up, clone the SDK repository from GitHub. Open your terminal or command prompt and run the following command:

Step 4: Install Dependencies

Navigate to the cloned repository’s directory using the terminal or command prompt and run the following command to install the required dependencies:

Step 5: Create Your NFT Explorer App

Now that you have the NFTScan SDK and its dependencies installed, it’s time to create your NFT Explorer app. In this tutorial, we will create a simple command-line app that fetches NFT data from the NFTScan API. You can later expand this app to include a user interface or integrate it with your existing project.

1. Create a new file in the nftscan-sdk directory called nft-explorer.js.

2. Open the nft-explorer.js file in your code editor and start by importing the necessary modules:

3. Initialize the NFTScan instance and set up the API configuration:

Replace ‘your_nftscan_api_key’ with your own NFTScan API key. You can obtain an API key by signing up for a free account on the NFTScan website and navigating to the API settings page.

4. Create a function to fetch NFT data from the OpenSea API:

This function takes in the assetContractAddress and tokenId as arguments and fetches the corresponding NFT data from the NFTScan API. The function then logs the NFT’s name, description, image URL, and owner address to the console.

5. Create a function to fetch NFT data from the NFTScan API:

Replace the sampleAssetContractAddress and sampleTokenId with the appropriate values for the NFT you want to explore.

6. Save the nft-explorer.js file and run the app using the following command in your terminal or command prompt

If everything is set up correctly, you should see the NFT data for the specified asset contract address and token ID logged in the console.

Conclusion

Congratulations! You have successfully built a basic NFT Explorer app using the NFTScan SDK tool on GitHub. This app can be further expanded and customized to suit your needs. You can add more features, such as searching for NFTs by keywords, filtering by various attributes, or even integrating it with a web or mobile app to create a visually appealing user interface.

Happy coding!

About NFTScan

NFTScan is the world’s largest NFT data infrastructure, including a professional NFT explorer and NFT developer platform, supporting the complete amount of NFT data for 14 blockchains including Ethereum, Solana, BNBChain, Arbitrum, Optimism, and other major networks, providing NFT API for developers on various blockchains.

Official Links:

NFTScan: https://nftscan.com

Developer: https://developer.nftscan.com

Twitter: https://twitter.com/nftscan_com

Discord: https://discord.gg/nftscan

StarryNift is a gamified metaverse co-creation platform designed to bring immersive 3D virtual experiences where users can play, create and socialize. By uniting projects, communities and DAOs, StarryNift aims to be an open Web3 portal to the metaverse, co-developing and co-creation of 3D metaverse with users.

StarryNift integrates Virtual Reality (VR) technology to provide users with a completely new experience. Through VR, users can immerse themselves in a more comprehensive scene experience, flexibly perceive scenes and perspectives, and savor the unique charm of the Metaverse from multiple dimensions.

StarryNift also provides users with multimedia features such as AMA, multi-person conferencing, video sharing, live streaming and document presentations for easy collaboration. Whether it is brainstorming, distance learning or social gathering, StarryNift can meet the needs of different scenarios.

In addition, StarryNift adopts the new standard ERC-6551, which is used to develop meta-universe spaces and products using this token standard. Users can combine their spatial NFTs with multiple decorative NFTs and transfer them as a whole, greatly improving convenience. A marketplace based on this standard would facilitate transactions similar to real-world real estate.

By combining resources, StarryNift is committed to providing users with more scenarios to explore, more services to utilize, and more social features and functionality.

StarryNift's goal is to help every Web3 user shape their own on-chain identity, customize their own AI space, and build a truly interconnected Metaverse world to construct a civilization of Web3 natives. By constantly exploring and pursuing new technologies, StarryNift is committed to building a Metaverse ecosystem full of creativity and infinite possibilities.

Core Competitive Advantages

StarryNift's key competitive advantages are mainly reflected in the following two aspects:

Competitive Advantage 1: Comprehensive AIGC Metaverse

StarryNift is one of the pioneers in integrating Artificial Intelligence (AI) into the Metaverse program. By applying advanced language generation technologies such as ChatGPT to virtual experiences, StarryNift provides users with more immersive interactions and customized service capabilities. This enables users to communicate more efficiently and enjoy personalized experiences in specific scenarios.

In addition, StarryNift creates diverse Metaverse backgrounds including skies, stars and other cosmic phenomena through 3D modeling using AIGC. Users can freely design high-quality 3D models for B-side projects through the AIGC-based UGC editor.

Meanwhile, StarryNift has developed an AI-based NPC system that realizes virtual characters with human-like behaviors and emotions, enhancing the immersion and playability of the Metaverse. These innovative applications of AI technology bring more creativity and business opportunities to users and promote the sustainable development of the Metaverse.

Competitive Advantage 2: DID Citizenship Protocol

StarryNift's Citizenship is a decentralized identity protocol built on multiple chains, providing users with customizable authentication and presentation capabilities. A user's Web3 identity is described through six on-chain dimensions, including Universal, DeFi, SocialFi, GameFi & Metaverse, NFT and DAO domains. This multi-dimensional identity enhances user trustworthiness and security.

StarryNift Citizenship also offers customized achievement criteria and integrates Proof of Zero Knowledge technology to protect user privacy and enable editability. The official Citizenship SDK enables other Web3 projects to access the protocol for intuitive self-presentation and building trust relationships. This authentication protocol enables faster identification and connection of users, facilitating the social construction of communities.

These two advantages will provide users with a more innovative, immersive and personalized experience, while providing projects with accurate promotion and high-quality user appeal, laying a solid foundation for the future development of Metaverse civilization.

Core Function--Metaverse Identity Citizenship

Metaverse Identity Citizenship is one of the core features of StarryNift, which provides a customized digital identity experience for users and projects.

At its core, Citizenship describes a user's identity in the Web3 world through six dimensions. These six dimensions include the General, DeFi, SocialFi, GameFi & Metaverse, NFT and DAO domains.

Citizenship allows users to mint achievement-based blockchain passes (SBTs) and edit achievements in the identity system to match their preferences for display in different projects. This allows users to customize their digital identities according to their preferences and interests and have a richer experience in social interactions.

In addition, Citizenship supports multi-chain and multi-account systems, and users can protect privacy through Zero Knowledge Proof (ZKP) technology while taking control of all their data. Users can realize accessible, editable, profitable and visual "DID identities" to build a trusted, universal digital identity system.

As part of the Metaverse Identity Citizenship, users receive exclusive access to 3D space with built-in AI assistant and AIGC editor for free. With UGC tools, users can create unique 3D models, build personalized spaces, and share them with other players. This 3D space also supports real-time live streaming of various events such as presentations, immersive games, and art exhibitions for commercial projects.

With these features, StarryNift's Metaverse Identity Citizenship provides users with a more personalized, rich and creatively inspired digital identity experience. It not only facilitates the mutual integration of the Web3 ecosystem, but also brings more business and social interaction opportunities to users.

Conclusion

For StarryNift, a gamified meta-universe co-creation platform, the author believes that it has the potential to deliver immersive 3D virtual experiences. By integrating virtual reality technology and multimedia capabilities, StarryNift creates a diverse meta-universe environment with opportunities for collaboration and socialization.

As blockchain and Web3 technologies continue to evolve, the meta-universe will become a new land of immersive virtual experiences and interactions for people. In this fast-growing market, StarryNift may attract more attention from users and project owners with its gamified co-creation platform and comprehensive AIGC meta-universe features.

Overall, StarryNift has some unique features and competitive advantages in the meta-universe space, providing users with an innovative, immersive and personalized experience and facilitating the development of the Web3 ecosystem. However, we still need to pay close attention to its performance in real operations and user feedback to assess its competitive position and potential in the market.

A prime example of this paradigm shift is Aimagine, a community-curated NFT marketplace and launchpad for AI-generated art on the Arbitrum network. Aimagine cultivates a sense of ownership and earning potential for stakeholders in the decentralized art ecosystem. By catering to art enthusiasts, collectors, and creators, it encourages them to embrace a more proactive and invested role in shaping the future of the digital art landscape.

AImagine: Monetise your social capital in Web3

Aimagine is a no-code launchpad and marketplace for AI-generated art and artists, providing essential tools and analytics for creators to issue content and build their communities.

It is making waves as the first AI NFT marketplace to launch on Arbitrum, offering users a platform where they can turn their imagination into on-chain art that lasts forever. But Almagine is about much more than just creating and launching NFTs - it's also pioneering the first-ever Artist Staking pools, empowering community curation of art in the NFT marketplace. Let's discover how Aimagine is empowering artists and collectors while democratizing the art world. 

Aimagine has introduced the concept of "social capital," placing emphasis on the monetization of users' social capital. 

What exactly is "Social Capital"? At its core, social capital represents the value derived from people engaging with one another. Investopedia describes it as a "positive product of human interaction."  Web2 has been instrumental in tapping into the power of social capital, giving rise to a myriad of successful online platforms and services that have become integral to our daily lives. However, in the Web2 era, the benefits of social capital have been largely concentrated, accruing to the platforms themselves or to the individuals who garner significant followings. Meanwhile, the followers and fans—the very people driving these interactions—often find themselves on the sidelines, reaping little to no rewards for their engagement and contributions.

In Aimagine, your social interactions are also owned by you.  Leveraging social capital through tokens and pioneering the first-ever Artist Staking pools, Aimagine creates a more inclusive and balanced digital landscape for all stakeholders, from creators to consumers. Aimagine wrote in the whitepaper：

" In the AImagine model, we capitalize the act of following with the $AIMG token. Here, rather than simply follow Artist (or not) as a binary decision, users are able to allocate varying quantities of their Social Capital across as many or as few Artists as they like by staking $AIMG to specific Artist pools." 

Artist Staking pools on Aimagine transform passive followers into active curators who are rewarded for their efforts. By staking in these pools, users not only influence which artists launch on the platform, but also earn a stake in the AIMG artist rewards, resulting in an innovative fan token trading experience.

Moreover, Aimagine presents art collectors and enthusiasts with a unique way to collect and trade. Beyond traditional trading and auctions, the platform incorporates a cutting-edge Bid 2 Earn mechanism. In this system, even unsuccessful bidders earn rewards, ensuring that users always benefit from their engagement.

Aimagine Tokenomics: Vote-Stake Mechanism

Blockchain technology facilitates the flourishing of decentralized networks by employing tokens and smart contracts in governance models. Through ownership of network tokens, users gain both a stake in the network and a voice in its governance. The Aimagine ecosystem is supported by its native token, $AIMG. $AIMG serves as the backbone of the platform's revolutionary features, including the Artist Staking pools, which act as a capitalized voting structure to control the success of artists on the platform. This democratic approach puts the wisdom of crowds to work, unearthing the next generation of top AI artists worldwide.

The primary function of the $AIMG token is as a vote-staking mechanism, where token holders can decide which artist should receive a portion of the platform's rewards by staking $AIMG in specific artist pools.

When users stake AIMG tokens for Artists' pools, they are essentially voting for which Artists they want to support. In this sense, the $AIMG token acts as a form of social capital.

Artists distribute the AIMG rewards  that come from marketplace fees to stakers, I think it is important to mention. artists don't take all the rewards to themselves.

The platform's rewards consist of $AIMG tokens generated from an inflation supply and those recycled through platform revenue. As the supply is fixed, early rewards will predominantly be composed of inflation, while later-cycle rewards will be derived from revenue. Artists are expected to develop their own economic assets and contribute to the rewards pools within their ecosystems.

Over time, staking acts as a global economic control function in the Aimagine model, performing two critical functions: setting the amount of recycled $AIMG for burning before distribution and sending excess $AIMG to the treasury.

The $AIMG token is designed to be deflationary. A portion of the platform's revenue will be used to purchase $AIMG tokens and burn them. The burn rate will be determined by the amount of $AIMG staked. When more $AIMG is staked, the burn rate will decrease. This means that the total supply of $AIMG tokens will decrease over time, which should increase the value of the token.

The price of the $AIMG token will be determined by supply and demand. The supply of $AIMG tokens will be fixed, but the demand for the token will depend on the number of users who want to stake their tokens for artists and the amount of platform revenue that is used to purchase and burn $AIMG tokens.

Overall,  the native token, $AIMG, serves as a vote-staking instrument and form of social capital,  will help to grow the platform's ecosystem and create a more sustainable community. The token's utility is accessed through staking, with staking pools in the Aimagine ecosystem benefiting artists and users. As the platform continues to grow, so will the efficiency and liquidity of the $AIMG markets, ultimately benefiting all participants.

Conclusion

By leveraging social capital through its native $AIMG token, Aimagine empowers artists, collectors, and enthusiasts to actively participate in the platform's governance, transforming passive followers into active curators and stakeholders.

However, the platform faces challenges common to every Web3 project, specifically in overcoming adoption barriers, as users must acquaint themselves with Web3 technologies and digital wallets. Additionally, regulatory uncertainties surrounding blockchain technology and NFTs could potentially impact the platform's growth and prospects.

Furthermore, Aimagine must prioritize the security and privacy of user data as well as establish the trustworthiness of the platform's underlying technology. Achieving a balance between decentralization, user experience, and security is essential for the platform's long-term success.

Blockchain technology is revolutionizing the way online gambling operates by providing transparency, security, and fairness for all players. This innovative approach is transforming the industry, ensuring a more trustworthy and enjoyable experience for users.

The Plague of Online Casino Scams

Online casino scams come in various forms, but they all share the common goal of exploiting players for financial gain. Prevalent scams include rigged games, where scammers design games with manipulated algorithms to ensure the casino takes the majority of bets, leaving players with virtually no chance of winning. False bonuses lure players with attractive offers, such as large bonuses, free spins, or deposit matches; however, once players register and deposit money, these offers become inaccessible or are accompanied by insurmountable wagering requirements.

Further scams involve delayed or denied payouts, where players win and meet withdrawal requirements but never receive their winnings, or they face significant delays designed to discourage cashing out. Account closure scams occur when casinos abruptly close a player's account without explanation after they've won substantial amounts or attempted to withdraw. Insider trading is another underhanded tactic, where fraudulent casinos allow friends, family, or associates to win jackpots unfairly, eliminating the chance for other players to win.

Additional scams to be wary of include identity theft, payment method fraud, clone casinos that impersonate legitimate establishments, phishing emails designed to steal personal information, and unlicensed casinos operating outside legal frameworks.

These scams not only cause financial loss and emotional distress for players, but they also tarnish the gambling industry's reputation. Rigged games, false bonuses, and insider trading manipulate players' odds of winning, leading to frustration and diminished confidence in fair play. Identity theft, payment method fraud, and clone casinos can cause financial harm and personal data misuse, with potentially devastating consequences. Furthermore, delayed or denied payouts, account closure scams, and unlicensed casinos infringe on players' rights and obstruct their access to legal recourse.

To address these pressing concerns, the casino gaming industry is turning to blockchain technology as a solution.

How Blockchain Can Revolutionize Online Casino Gaming

Blockchain technology offers a range of benefits for online casino games, particularly when it comes to preventing fraud and scams. These benefits include:

By using blockchain, casinos can create a more transparent, secure, and fair gaming environment for their players.

A Real-World Example: Massive Gaming Club

Massive Gaming Club is a prime example of how blockchain has been used to combat fraud and scams in online casino games while building trust in players.  This Web 3 social casino game developer is venturing into the realm of decentralized social casino games with a focus on providing players with a secure and transparent Play-to-Earn (PnE) rewards system.

In April, Massive Gaming completed the Random Number Generator (RNG) certification process with GLI and Itech Labs. RNG plays a pivotal role in guaranteeing fair and unbiased outcomes in online gaming, making this certification a significant milestone for the company. Massive Gaming's RNG algorithm underwent a series of stringent tests, including the renowned Marsaglia's "diehard" tests for statistical randomness. Itech Labs further conducted comprehensive scaling tests for dice games and rigorous shuffling evaluations for single-deck card games. These assessments employed large samples to ensure statistical accuracy. The RNG certification serves as a guarantee that Massive Gaming's games are not rigged and that their outcomes are genuinely random. 

At the time of writing, Massive Gaming Club has introduced three PnE Social Casino Games: House of Poker, House of Blackjack, and House of Slots. Massive Gaming claims to be the "world's first stable blockchain-based social casino games." Their Play-to-Earn feature allows players to accumulate USDC, a stablecoin pegged to the U.S. dollar, through in-game currency or gems.

In Massive Gaming, players earn USDC by accumulating Gems and Rubies, which are primarily obtained through gameplay on specific slot machines like "Triple Scarlet," participating in events, and exchanging USDC at the Intella X exchange. The amount of Gems and Rubies earned depends on the user's status, bet multiplier, and in-game indicators that influence exchange rates. Players can use these currencies to purchase in-game currency (Chips) and items in the Gem/Ruby Shop or exchange them for USDC through the Intella X exchange. The exchange rates might differ for Gem/Ruby to USDC and USDC to Gem/Ruby conversions. By effectively utilizing these methods, players can maximize their USDC earnings in Massive Gaming.

Conclusion

Blockchain technology offers a promising solution to address the long-standing issues of scams and fraudulent activities plaguing the online casino gaming industry. The adoption of Web3 casino games brings numerous benefits, including transparent and auditable game outcomes, heightened security through cryptography, increased trust due to decentralized systems, lower operating costs, and decentralized ownership, which empowers players with greater control over their gaming experience.

Massive Gaming Club serves as a real-world example of how blockchain technology can be employed to create fair, secure, and transparent Play-to-Earn systems in the online gaming industry. However, despite the numerous benefits of blockchain technology, it is crucial for players to remember that every casino game inherently carries risks and concerns. Users should be aware of the potential for financial loss, as gambling outcomes are never guaranteed. Additionally, players must be cautious when sharing personal information and selecting platforms, as cybersecurity threats and data breaches remain a concern even in blockchain-based systems. It is essential to research and choose reputable casinos, set responsible gambling limits, and stay informed about the ever-evolving landscape of online gaming. By taking these precautions, players can mitigate risks and enjoy a safer, more satisfying gaming experience.

ArchiSwap: A One-Stop DeFi Platform on zkSync Era

ArchiSwap is a comprehensive DeFi protocol built on zkSync Era, which aims to be a one-stop platform for Swap, lending, and leveraged trading, thereby attracting millions of users to the Layer2 blockchain ecosystem.

The project utilizes zero-knowledge technology and runs on zkSync Era to provide a low-cost trading environment. This means that users can trade more affordably, reducing the fee burden and enabling more people to participate.

One of ArchiSwap's goals is to be the best decentralized exchange for trading stablecoins on zkSync Era. Stablecoins play an important role in the DeFi space, and by supporting a wide range of stablecoins, such as USDC, USDT, etc., ArchiSwap provides users with a wider range of options. At the same time, through liquidity optimization and efficient trade execution speeds, the platform hopes to provide a better trading experience, making it easier for users to trade stablecoins.

In addition to this, ArchiSwap aims to be the ultimate destination for stablecoin exchange, lending and leveraged trading. ArchiSwap will provide a flexible and convenient solution for those who need to borrow funds or are looking for leveraged trading. Notably, they have also customized the best leveraged trading features for zkSync airdrop participants, further enticing users to participate and enjoy a convenient and efficient trading experience.

On the community side, ArchiSwap has become a core partner of the zkSync community, which will greatly facilitate the development and promotion of the program, as well as strengthen the connection with local users.

As for the team, ArchiSwap has more than 15 team members from top Internet companies, centralized exchanges, decentralized exchanges and venture capitalists, who have more than 4 years of experience in decentralized exchanges, solid expertise and rich experience.

All in all, ArchiSwap, as a comprehensive DeFi protocol built on zkSync Era, is dedicated to providing users with low fees, extensive stablecoin support, and multiple features such as lending and leveraged trading. Through close cooperation with the Chinese zkSync community and the team's professional experience, the project is expected to attract more users and inject new vitality into the development of the Layer2 blockchain ecosystem.

Products and Services

As a comprehensive DeFi protocol built on zkSync Era, ArchiSwap aims to solve the liquidity problem on the zkSync Era network with a composable and fully open source solution.

As a transaction layer and solution, ArchiSwap removes barriers to integration and integration into the zkSync ecosystem, providing a more convenient user experience. Its core products and services are as follows:

First and foremost, ArchiSwap is committed to building the best stablecoin trading platform and optimizing trading liquidity to become the first choice for traders and liquidity providers in the DeFi ecosystem. By supporting multiple stablecoins, including USDC, USDT, and zkSync-native USD+, zkUSD, etc., users can enjoy a wider range of options. In addition, popular pairs such as ETH/USDC will also be supported.

Secondly, ArchiSwap is committed to providing the best possible lending marketplace, bringing zkSync Era users efficient capital utilization and reducing the risk of relying on external liquidity and prediction machines. This enables users to borrow and lend crypto assets more efficiently, enhancing their trading experience.

In addition to borrowing and lending, ArchiSwap is also introducing one-click leveraged trading, which is designed for professional traders and short-sale participants, and will allow users to trade with up to 5x leverage without having to borrow or lend, providing a flexible and convenient way to trade.

In addition, ArchiSwap offers the ability to automatically track professional traders, allowing users to follow and execute the same trading strategies. Any successful professional trader can create a tracking space for the user to help them achieve better trading results.

Economic Modeling

ArchiSwap is a community-driven project with an economic model that focuses on rewarding the community, early contributors and liquidity providers. As such, more than 50% of its tokens will be allocated to these interested parties.

ArchiSwap's token symbol is ARCH and its total supply is 3,000,000,000. The exact contract address and the timing of the Token Generation Event (TGE) have not yet been determined.

In terms of token allocation：

In addition to the regular ARCH tokens, ArchiSwap has also introduced a token called veARCH as an eco-governance token. Users holding ARCH tokens can convert them to veARCH tokens at any time and enjoy a range of benefits, including voting rights, agreed fee dividends and fee discounts.

Conclusion

With the popularity of cryptocurrencies and DeFi, user demand for secure, efficient and low-cost trading platforms continues to grow. As a protocol built on zkSync Era, ArchiSwap offers users a lower fee and faster trading experience by employing zero-knowledge technology and an optimized trading environment. This will attract more users to join DeFi and use ArchiSwap as their preferred trading platform.

At the same time, ArchiSwap will continue to improve its products and services with more innovative features and better user experience as the team continues to grow and technology continues to innovate. Partnerships with other ecosystems will also strengthen ArchiSwap's position in the industry and drive the entire DeFi ecosystem.

In conclusion, looking ahead, we can expect ArchiSwap, as a comprehensive DeFi protocol built on zkSync Era, to continue to make breakthroughs in low-cost trading, stablecoin trading and lending markets, become an important player in the Layer2 blockchain ecosystem, and provide better DeFi services to a wide range of users.

Gear Protocol is a smart contract platform built on Substrate that allows anyone to develop and run dApps in minutes. As the most development-friendly approach, Gear Protocol implements smart contracts with arbitrary logic and complexity. gear smart contracts run as WebAssembly programs, and thus can be compiled using Gear Smart Contracts run as WebAssembly programs and can therefore be compiled using a wide range of popular programming languages (e.g. Rust, C, C++, etc.).

The protocol provides a clean, intuitive and feature-rich API that makes it simple to implement and run programs on multiple networks. From a technical perspective, the Gear Protocol differentiates itself through unique features that allow developers to create new and previously unattainable user experiences, including the use of the Actor model for communication, the concept of persistent memory, and the WebAssembly execution environment. The protocol defines the characteristics that Actors have as communication entities.

By supporting innovative dApps, microservices, middleware, and open APIs, Gear Protocol will drive mass adoption of Web3 technologies.The Gear Network is available either as a stand-alone L1 network or as a parallel chain in the Polkadot and Kusama ecosystems. By deploying on Gear Protocol, developers can take full advantage of the various benefits Gear offers.

Vara Network, on the other hand, is the first Layer-1 decentralized network built and running independently on Gear Protocol.

Vara aims to provide developers with an environment to build decentralized applications and drive the Web3 industry to the next level. Without having to develop their own blockchain, anyone can build dApps and deploy them on the Vara network.

By building a bridge between Web2 and Web3, Vara opens up opportunities for developers to build the next generation of decentralized applications, accelerating the adoption of Web3 technologies and leading the way forward. As a local blockchain based on WebAssembly, developers can write and compile code using traditional programming languages.

Additionally, Vara Network offers features such as low transaction costs, pledges, participation in governance, validators, nominees, and ambassador programs (as well as future rebates on fuel costs).

Platform Features

Gear Protocol has a number of unique features that set it apart from other platforms:

1. Truly decentralized

Unlike other platforms, Gear smart contracts are able to trigger their functionality autonomously, without the need for external components or services to trigger on-chain transactions. Traditional smart contracts typically require the user to initiate a transaction in order to wake up the contract, but in many cases the contract needs to be triggered when specific conditions are met, such as a specific point in time being reached or a specific event occurring. In the past, this has limited the functionality of smart contracts or required developers to introduce centralized services to trigger the contract.

Gear Protocol, based on its support for asynchronous messaging, enables contract developers to implement arbitrary contract logic with delayed messaging that wakes up the contract after a specified period of time or upon the occurrence of a specific event. This brings a wider range of application scenarios for smart contracts, unleashes new decentralized features, and creates more value for users in the blockchain ecosystem.

2. Continuous Message Automation

The execution of every message in Gear (including system messages) consumes "gas", and the Gear Protocol introduces the concept of Gas Reservation, which allows for the creation of pools of gas that can be used by programs for further execution. Each pool is unique to the program that created it, and if the program does not have enough "gas_available", it can consume gas from that pool.

An important advantage of Gas Reservation is the ability to send delayed messages that are automatically triggered at a specific time in the future. These messages are similar to other messages in Gear, and can either call another smart contract in the network or appear in the user's mailbox.

Most interestingly, Gas Reservation allows a program to send a message to itself at a later time, allowing it to continue execution after a defined period of time. This allows a smart contract to implement itself for an unlimited number of executions (provided there is enough available gas).

This opens up a wide range of possibilities for implementing functional logic related to continuous message automation in smart contracts. Delayed messages are similar to cron jobs and cannot be implemented in smart contracts on other blockchain platforms unless external resources are used. The significant advantage of this solution is that it eliminates the need for centralized components in a dApp, ensures that they run entirely on-chain, and enables complete decentralization and autonomy.

Core Technology I: Substrate

Substrate is a modular framework that enables the ability to custom-build unique blockchains by combining custom or pre-built components with networks, consensus mechanisms, core functionality, security and governance features.

Using the Substrate framework simplifies the process of creating different blockchains for specific applications.Substrate provides a rich set of out-of-the-box features and allows developers to focus on creating custom engines on top of the protocol.

The main features of Substrate are as follows:

1, no fork updates

2, built-in coordination

3, cross-language support for WebAssembly

4, light client friendly

5, deterministic finality

6. Seamless integration

Substrate enabled the Gear team to significantly reduce development time and focus on developing key Gear protocol components, while the Rust language ensured security and high performance.

Gear's unique asynchronous messaging architecture enables efficient communication between networks built on Substrate technology. This seamless integration helps to increase the interoperability of network functionality and participation.

Core Technology II: Actor Model

The Actor model is a key and unique feature of the Gear Protocol for message-passing communications. In concurrent computing systems, "message-passing communication" means that programs communicate by exchanging messages. Message passing is easier to understand and has better performance characteristics than "shared memory communication".

The Actor model framework supports asynchronous messaging and parallel computation, which greatly improves speed and makes it easier to build complex dApps. In general, the normal Actor model does not guarantee message order, but the Gear Protocol provides some additional guarantees to ensure that the order of messages is preserved between two specific programs.

In this context, Actor refers to the atomic computation unit in the Actor model that can send and receive messages. In Gear, any instance of the Gear Protocol is an Actor, either a program (smart contract) or a user that sends messages to a program. Each Actor has its own internal private state and the user has a mailbox. Communication is asynchronous; messages are taken from the mailbox and assigned to a message processing stream in which they are processed according to a cycle.

Core Technology III: WebAssembly

WebAssembly is a way to run non-JavaScript programming language applications in web pages. In reality, Wasm is just a virtual machine that runs on modern browsers, but unlike in the past when JavaScript had to be used to run code in web pages, Wasm makes it possible to run code in browsers using non-JavaScript programming languages.

The WebAssembly virtual machine (or Wasm for short) proved to be faster than any alternative virtual machine due to its technical features. Using WebAssembly it is possible to compile Gear's smart contracts directly into machine code and run them at near-native speeds. Higher speed means lower transaction costs and greater efficiency.

All Gear programs and smart contracts run as WebAssembly programs. This means that developers can take their applications to the Web and achieve full performance and the full feature set of the application in a Web browser, just as if it were running natively on Windows or Mac. Instead of writing Wasm code directly, developers actually use Wasm as a compilation target for programs written in other languages.

The main problem WebAssembly solves is the inability to use programming languages other than JavaScript on the Web. Although JavaScript is a great programming language, it is not suitable for ultra-fast execution of large applications.Wasm is revolutionary in that it brings the performance of native applications written in other programming languages to the Web in a completely safe manner.

Wasm can significantly increase speed in two main areas.

First, it should dramatically increase the speed at which applications are launched. In fact, applications already using Wasm have been able to cut application startup times in half, and startup speeds will only increase further as more optimizations are made. This will allow huge applications to load very quickly.

Secondly, Wasm also significantly improves throughput, which means that once the code is compiled, it will run faster, making the application more efficient and responsive, which significantly improves the user experience.

Core Technology IV: Persistent Memory

Another important feature of Gear Protocol is its persistent memory technology. This technology makes development simpler, reduces complexity, and matches the memory management of the actual hardware and operating system.

Instead of using traditional storage, programs running in the Gear network persist their complete state. Doing so greatly reduces the API surface on the blockchain. At the same time, this approach avoids the constraints of a domain-specific language and allows the use of more complex language constructs such as persistent closures and futures combinators.

Gear Protocol employs a clever memory virtualization technique that treats memory allocation and release as first-class system calls. It also tracks memory accesses and loads/stores only the pages needed. This way heap allocations in smart contracts (typically found in futures and their combinators) can be seamlessly persisted and called when needed to preserve their state.

Program code is stored as immutable Wasm blocks with a certain amount of memory space that is persisted between message processing (called static regions). Each program has a separate memory space and is reserved for it during the initialization phase at no additional cost. Programs can only read and write in their own memory space and cannot access the memory space of other programs.

Programs can allocate the memory they need in 64KB blocks. Each memory block allocation consumes gas. Each page (64KB) of these memory blocks is stored separately on the distributed database backend. However, at runtime, Gear nodes build contiguous runtime memory and allow programs to run on it without reloading.

Persistent memory technology also supports memory parallelism. Each program has a separate, isolated memory space, which allows multiple message streams to be processed in parallel on Gear nodes. The number of streams processed in parallel is equal to the number of CPU cores. Each flow is responsible for processing a set of program-specific messages, which can come from other programs or externally (user transactions).

With persistent memory technology, Gear Protocol enables efficient parallelization of message processing, which improves system performance. This technology ensures persistence of program state and provides developers with more flexible and powerful programming capabilities.

Core Technology V: Gear Network State

The Gear network maintains distributed state through a series of state components. Similar to other blockchain systems, runtime code compiled as WebAssembly becomes part of the state stored on the blockchain.

Gear employs an important feature - forkless runtime upgrades. Determinism of the state can be ensured through the use of finality tools.

The stored state consists of the following components:

1. program and memory

This includes the program's code and private memory. The program code is stored in immutable Wasm blocks. Each program has a certain amount of memory that is persisted between message processing (i.e., static regions). A program can allocate more memory from the memory pool provided by the Gear instance, and can only read and write in the memory specifically allocated to it.

2. Message Queues

The global message queue is used to receive message transactions sent by the user to a particular program. These messages populate the message queue, are queued out and routed to the appropriate program during block building.

3、Accounts

Network accounts and their balances are stored in the Accounts component.Gear provides a Balances module to manage user and program balances and to pay for transactions. For public networks, defending against DOS attacks usually requires payment of gas/fees. In the case of a license, the balance module may not be required.

The Gear network may be a licensed or unlicensed public blockchain. In the case of licensing, the balance module may not be needed, but it is necessary for public networks.

In summary, Gear Network state technology enables efficient distributed state management through components such as programs, memory, message queues, and accounts, and provides developers with powerful tools to build blockchain solutions for a variety of application scenarios.

Core Technology VI: State Transition

Each system performs state transitions according to certain rules and updates the state according to the state transition rules when the network processes new input data. This input data is packaged into fine-grained information called transactions.

In Gear network, nodes maintain and synchronize a transaction pool which contains all new transactions. When a transaction is received by any node (validating or non-validating), that node propagates it to all connected nodes.

When a Gear validation node is ready to generate a new block, it selects some or all of the transactions from the transaction pool and merges them into a block through which state transitions are performed. Transactions not included in the previous block are kept in the pool until the next block is generated.

The Gear network supports the following types of transactions:

1. Uploading a program: Users can upload a new program (smart contract) and associate an initial balance with it.

2、Upload Code: You can upload uninitialized Wasm code for subsequent creation of programs.

3、Create Program: Users and programs can use the uploaded code to create new programs.

4、Send Message: End users interact with the program by sending messages to the Gear network. Sent messages populate a global message queue that acts as a runtime-driven transaction queue, ensuring that all messages are eventually processed.

5. Sending replies: Similar to messages, replies can only be sent as a response to a received message. Users can send replies to messages contained in their mailboxes.

6、Claim value from mailbox: When a message associated with a value is received, the user must claim the value and transfer it from the message to the user. Unclaimed values will be returned to the sender when the gas limit is exhausted.

7. out-of-queue messages: validators choose which messages to out-of-queue when it is their turn to generate the next block. This eliminates the need for each validator to maintain full memory state. The queuing process occurs only at the end of each block.

8. Balance transfers: Conventional balance transfers can be performed in two ways, either using the extrinsics provided by the Substrate Balances module (e.g., transfer, setBalance, etc.), or by sending a transfer request with the relevant values to other users via messages.

The lifecycle of message processing, block building and events in the Gear network is shown below. According to the Actor model of communication, there is no sharing, only messages. It ends up in the form of an event log for inspection by the user space.

Conclusion

Gear Protocol and Vara Network provide developers with powerful tools and environments that enable them to build innovative decentralized applications in the Web3 industry. By supporting multiple programming languages and the flexibility of smart contracts, these platforms bring great convenience and freedom to developers.

Unique features of Gear Protocol, such as asynchronous messaging support and the Gas Reservation mechanism, bring greater functionality and automation capabilities to smart contracts. This allows developers to achieve previously unattainable persistent message automation and decentralized logic, further expanding the boundaries of blockchain applications.

As Web3 technology continues to evolve and adoption accelerates, we can expect Gear Protocol and Vara Network to continue to push the boundaries of the space. These platforms provide a strong foundation for the creation and innovation of next-generation decentralized applications, facilitating a thriving Web3 ecosystem. As an important technology support, these platforms are likely to lead the way in the future development of Web3 technology and create more value and rich user experience for users.

1. Fully decentralized

There are two levels of understanding for this complete decentralization. The first is that the entire product is developed based on smart contracts , so it is completely open-sourced and audited by third parties. It is a completely decentralized product.

The second is that the entire FilFi product is operated by FilFiDAO. FilFiDAO is also decentralized, co-organized and operated. So the entire product and operation is a completely decentralized process.

2. Based on FVM smart contract , the process is transparent and open

Fully based on FVM smart contracts , and then conduct online DeFi product research and development. Therefore, all product codes, including product implementation, and then to the product process, can be found online

For FilFi, we will reveal the whole process. First, we will list all the participant roles of the node. In our first version of FilFi, there were three roles in total. The first was called the sponsor, who was also the initiator of the node. The second is the node builder, which is our Fil holder, and then you can participate in this node by investing in Fil. The third is the operation of the node, which is the technical service provider. On FilFi, the information of the three parties is open and transparent. You can see who proposed this node, which SP is running, and what is the running status of this node. Second, the process of building a node the entire node is completely transparent.

3. How to achieve secure node co-construction

A security concept of our FilFi is born for investors. We will do everything possible to safeguard the interests of investors. Safety is the source of all income. You can imagine that if you participate in a project, but this project is an insecure one, then your income is not guaranteed.

The second is the product, smart contracts managed everything. Once the smart contract is written, it will be firmly implemented. The contract is immutable, and there are no human factors to interfere with it. It is impossible to have such a situation as black box operation. FilFi’s smart contracts manage storage sectors . We are also working with the official FBM team to build a clearing mechanism to effectively manage sector risks. In this way, it can also better protect the interests of investors, which is a benefit of our builders.

The third is the platform, and the whole process is very transparent. All of our investments are 100% flowing into smart contracts . We can clearly see the direction of each investment, and then view the distribution records of each incentive, eliminating all black-box operations, including everyone extracting incentives. Every sum above. It can be seen very clearly.

In terms of community, we are governed by decentralization, which is a decentralized way. Co-construction and sharing is a key parameter of an economic model that determines it through a voting mechanism. We use the technology ambassador mechanism plus the validator mechanism, which can greatly ensure the security of the entire sector.

For technical service providers, we also have strict KYC and deposit systems, that is, optional technical service providers have carried out very strict KYC certification in the community. We also have a very innovative system that is a deposit system for technical operation and maintenance, which ensures that some related rights and interests of technical service providers are not less than 10%. That is, we want to ensure that investors have a pledge in the entire cycle.

The organizer has to pay a 5% deposit, and the technical service provider also has to pay a 5% deposit. The total adds up to 10%, which is also a guarantee of a profit for our investors. Even if our node does not succeed in raising funds in the end, then during this period, a profit for our investors will be generated normally. This is also to ensure the safety of our investors to a greater extent, which is also in line with our FilFi security concept.

Then we are also approved by the technical ambassador, plus the verifier monitors 24 hours a day. Including our compliance construction, Hong Kong Lino Future Limited is responsible for the construction of the platform and products. We are in compliance with local regulation, and we will continue to build in accordance with the regulations. SXX Future Data is already our technical service provider, and then at GENESIS NODE1, GENESIS NODE2 and GENESIS NODE3 are operated by SXX Future Data. In the FREE NODE1, you can also see that it is operated by other SPs. In the future, we will also introduce more SP and then for everyone to carry out free combination, but also to a greater extent to ensure the safety of our nodes, but also to ensure a return of our investors.

The risk extreme is a very low probability, the risk of network discount rights, the SP stable income bundle plus the verification of technical ambassadors, plus the validator monitoring throughout the day, to a great extent, basically can see our sector is at low risk. Finally, in terms of policy risk, there is a risk of unclear policy in some areas, but we provide a global service, and the risk areas that we can freely choose are also inclined to provide application industries for service providers as a foundation, then our goal of promoting the network clearing mechanism near the Lino Future Limited laboratory is also to effectively manage industry risks. To significantly reduce the penalty coefficient of the maximum loss rate, in order to ensure a safe operation of our nodes, and then at the same time to ensure a specific return for the entire investor.

Next, I’ll show you a process on how to see all the nodes on the entire node. You can see that this is an official website of our FilFi, selecting the node plan. From this, this is a relatively complete one at present, and you can see it when you slide to the bottom. Including builder extraction incentives, it is annotated and includes on-chain messages when available.

From the signature of the first sponsor, then to the deposit of the sponsor, then to the signature of the technical service provider to deposit the operation and maintenance deposit, and then to the start of the pledge of the first builder pledge. It is the relevant message on a chain that contains it, and then the time of including it is very transparent. As long as we operate on the platform, it is recorded. Through this, we can click on the chain to see the message.

We are based on security considerations, which is also a manifestation of complete decentralization, and it is also more able to ensure a benefit for our investors. You can see that so many builders have already. If an incentive is extracted, then our incentives can also be extracted at any time, which is also a benefit for the builders to a greater extent.

Introduction

Sailwars is a cutting-edge NFT-based game combining blockchain technology and top-tier gameplay. It offers SLG strategy warfare, simulation management, multiple battle modes, and the innovative use of NFTs. Set In the medieval era of naval warfare, players can establish and upgrade their empire and economy on the open sea, participate in thrilling sea battles, and form maritime alliances. Upon its release, the game will provide a fully immersive strategy game experience with various operations, including character and fleet upgrades, resource collection, the building of naval empires, and more.

Game Mechanisms

In this game, players have the opportunity to build and command their own navy, in order to conquer other players and resources. They can collect resources or loot from other players, and interact with them to form alliances or exchange assets. Players can upgrade their heroes, buildings, and ships to gain more strength in the game, and can also sell their assets like minerals, heroes, ships, blueprints, and buildings to earn rewards.

The game also includes several Non-Playing Character (NPC) settings, which provide players with an immersive and interactive experience, as well as rich mission rewards. In addition, implementing AI technology can significantly improve the level of automation and intelligence in the game, which leads to an increase in efficiency and playability.

Game Modes

This game offers several modes for players to engage with, including PVE, PVP, and Alliance modes. In PVE mode, players can face off against online or offline players or NPCs, with rewards varying based on the difficulty of the tasks. Players can plunder offline players’ or NPCs’ resources, but killed heroes will lose defensive buildings and durability.

In PVP mode, players can intercept offline players’ resources but can avoid being looted by paying a 20% ransom fee. Winners gain resources from defeated players, as well as increased reputation and points to upgrade their assets.

In Alliance mode, players can join or create alliances in the form of DAOs to build a powerful naval army. Alliances compete to expand their territory, and members of the alliance can support each other to increase their combat effectiveness. The strongest alliance from each country will participate in the final one-piece battle.

Character Creation and Customization

In Sailwars, the process of character creation and customization is an important aspect of the game’s mechanics. Players start by selecting a character, each with its own unique strengths and weaknesses, as well as a range of abilities and skills. Once players have selected a character, they can then customize their character’s appearance, including their gender, hairstyle, and clothing. Players can also choose a name for their character, which will be displayed in-game. Although characters will initially be free to play with, to upgrade their character, players will need to purchase an NFT.

The choices players make during character creation and customization can have a significant impact on gameplay. Different classes may excel in certain areas, such as combat or resource management while struggling in others. The abilities and skills that players choose can also affect their playstyle, allowing them to specialize in different areas of the game. For example, a player who chooses a combat-focused class may prioritize upgrading their ship’s weapons and crew, while a player who chooses a resource management-focused class may prioritize upgrading their ship’s cargo hold and crew morale.

Exploration and Open World

Sailwars offers a vast and immersive open world for players to explore, filled with a variety of islands, ports, and other points of interest. As players sail the high seas, they’ll encounter new and exciting locations to discover, each with its own unique challenges and rewards. Whether it’s uncovering hidden treasures, discovering new trade routes, or engaging in fierce naval battles with other players, there’s always something new to discover in Sailwars’ open world. The game’s graphics and attention to detail will make the open world feel alive and immersive, creating a sense of adventure and excitement as players explore the vast ocean and all its hidden secrets.

NFTs in the Game

Sailwars NFTs play a crucial role in the game’s mechanics, offering a range of in-game items such as warships, characters, and weapons. As the game evolves, more NFTs will be introduced, allowing players to further customize and enhance their gameplay experience. All game assets can be monetized and freely traded on the marketplace and other secondary markets, giving players the opportunity to earn rewards for their hard work and dedication.

Players can use their NFTs to upgrade their bases, characters, ships, buildings, and other assets, or purchase in-game services, missions, items, skills, weapons, and assets. NFTs can also be sold to other players on the marketplace, providing a new way for players to monetize their gaming experience. In some cases, advanced missions or achievements may require the cost of an NFT to unlock.

Final Thoughts

Sailwars is a web3 NFT game that offers a range of exciting gameplay features, including SLG strategy warfare, simulation management, multiple mode battles, and NFTs. The game’s quests and mechanics provide players with a range of challenges and objectives to complete, and the multiplayer features allow players to team up with friends or compete against other players from around the world. Sailwars is set to offer a unique and exciting gaming experience that combines advanced technology with innovative gameplay, offering endless opportunities for adventure and naval supremacy.

Stay tuned for weekly articles on various aspects of the game and the team behind Sailwars, and info on the upcoming release on iOS and Android.

#web3game #nft #gamefi

Sailwars Links

Website: https://sailwars.com

Twitter: https://twitter.com/Sailwars

Discord: https://discord.com/invite/sMetSZnRDk

dot.GAMING Studio

Website: https://dotgaming.io/

Twitter: https://twitter.com/Dotgamingstudio

Discord: https://discord.com/invite/t4xTndphVb

First, it’s important to understand what in-game tokenomics are and how they work. In-game tokens are digital assets that are used within a game to represent value or ownership. They can be earned by players through gameplay, purchased with real-world currency, or traded with other players on a secondary market. In-game tokens can be used for a variety of purposes, such as purchasing in-game items, unlocking new levels or features, or participating in community events.

$SWT Token

In Sailwars, the in-game token is called the $SWT. They can be earned by players through gameplay, or purchased with real-world currency. $SWT can be used to purchase new ships, upgrade existing ships, and participate in tournaments and other community events. $SWT will also be able to be traded on a secondary market, allowing players to buy, sell, and trade their tokens with other players.

The initial supply of $SWT is 18 billion (unlimited supply), with a large number of uses inside the game.

$SWT Yield and Consumption

As shown in the above infographic, there are numerous ways that the $SWT token will be able to be yielded and consumed.

Yield

Consumption

Sailwars is a great example of how in-game tokenomics and token yield and consumption can be used to create a more immersive and engaging gaming experience. By using $SWT as a way to reward skill and participation, and giving players ownership and control over their tokens, Sailwars is set to be a dynamic and interactive game that keeps players coming back for more.

Stay tuned for another article next week on innovative elements of the upcoming game, out soon on iOS and Android.

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#webgame #gamefi #NFT

Apply: https://fgtqx8ndpu5.typeform.com/to/EfDikW1j

The program aims to provide technical assistance, NFT data services, and blockchain resource network development to these startups, enabling them to kickstart their projects at a low cost in the early stages.

Through the NFTScan Connect program, NFTScan aims to foster the development of the Web3 and NFT ecosystems, maximizing the value of infrastructure. In return, the participating startups are expected to provide adequate incentives to NFTScan’s infrastructure during their subsequent growth, which will continue to support more Web3 startups through the NFTScan Connect program. This mutually beneficial collaboration will create a positive cycle within the NFTScan ecosystem, promoting collective growth and success.

Established in April 2021, NFTScan is currently the world’s largest NFT data infrastructure service provider. It supports 14 mainstream blockchain networks, including Ethereum, Bitcoin, BNBChain, Polygon, Solana, Arbitrum, Optimism, Fantom, Avax, and Aptos, covering the EVM, Bitcoin, Move, and Solana blockchains. NFTScan’s flagship product, NFTScan.COM, is a multi-chain browser that provides NFT search and query services to millions of Web3 users.

Additionally, NFTScan has introduced the NFTScan OpenAPI platform specifically for Web3 developers, offering professional multi-chain NFT data support to blockchain projects and next-generation fintech companies. As of June 2023, NFTScan has served over 3000 Web3 developers, including well-known blockchain projects such as CMC, Binance NFT, imToken, Mask Network, SafePal, Coin98, Bybit Web3, KuCoin Wallet, OneKey, Cobo, and Enjin.

Throughout its development, NFTScan has built relationships with exceptional developer teams, investors, and industry professionals. The NFTScan team is delighted to share its accumulated development experience, data capabilities, and ecosystem resources with early-stage Web3 startups, empowering them to launch and grow their projects effectively.In return for joining the NFTScan Connect program, participating projects can tap into some of the following benefits (subject to applicability):

The benefits of Connect help further the development of dApps that create real value-add services for people around the world. As dApps become more successful, they increase their ability to generate larger amounts of user fees, which can contribute to supporting the consumption and long-term economic viability of NFTScan services. It’s a two-way value that supports sustainable economics in both ecosystems.

In conclusion, NFTScan aims to maximize the value of NFT data and infrastructure by supporting early-stage Web3 startups through the Connect program. Web3 startups are encouraged to join the NFTScan Connect program and collaborate in building the Web3 ecosystem.

Apply now: https://fgtqx8ndpu5.typeform.com/to/EfDikW1j

About NFTScan

NFTScan is the world’s largest NFT data infrastructure, including a professional NFT explorer and NFT developer platform, supporting the complete amount of NFT data for 14 blockchains including Ethereum, Solana, BNBChain, Arbitrum, Optimism, and other major networks, providing NFT API for developers on various blockchains.

Official Links:

NFTScan: https://nftscan.com

Developer: https://developer.nftscan.com

Twitter: https://twitter.com/nftscan_com

Discord: https://discord.gg/nftscan

Sailwars, the NFT game featuring medieval naval warfare and the golden age of piracy set to launch on iOS and Android soon, will combine both these forces to be a game like no other.

What makes Sailwars unique?

From the onset, the developers of Sailwars have set out to create a unique GameFi experience that stands out from other NFT games through its innovative gameplay mechanics, compelling storyline, and decentralized governance structure. The game combines strategy warfare, simulation management, plundering, PvP battles, and alliance battles, offering an immersive and all-encompassing gaming experience that allows players to explore the vast open sea, trade goods, and establish alliances with other players.

Sailwars allows players to upgrade and customize their ships, recruit heroes with unique abilities, and engage in epic naval battles. The game also features play-to-earn elements and NFT technology, allowing players to earn cryptocurrency and fully own and seamlessly trade digital assets such as heroes, ships, and weapons. Sailwars’ unique governance structure through the SLG DAO (Decentralized Autonomous Organization) allows players to have a say in the game’s development and direction, making it a community-driven and transparent gaming experience.

How are NFTs incorporated into the gameplay?

Sailwars leverages NFT technology by featuring in-game items such as heroes (characters), ships, and weapons as integral components of its gameplay. The game plans to introduce additional NFTs in the future, allowing players to fully own and seamlessly trade their digital assets on the marketplace and other secondary markets. By integrating NFTs into its gameplay, Sailwars offers players the ability to earn cryptocurrency and real-world value while participating in the game, creating a truly engaging play-to-earn experience.

Battle modes

Sailwars offers players three exciting game modes to choose from, each with its own unique challenges and rewards. In PVE mode, players can face off against offline players or NPC opponents, with rewards varying based on the difficulty of the tasks. Players can plunder the resources of offline players or NPCs and even defeat enemy heroes to gain an advantage. However, players must be cautious, as killed heroes will lose defensive buildings and durability.

In PVP mode, players can intercept the resources of offline players, but they must pay a 20% ransom fee to avoid being looted themselves. Winners of PVP battles gain resources from their defeated opponents, as well as an increased reputation and points to upgrade their characters. PVP mode offers an intense and thrilling gaming experience that rewards players for their strategic skills and combat prowess.

Finally, in Alliance mode, players can join or create alliances to build a powerful national force. Alliances compete to expand their territory, and members of the alliance can support each other to increase their combat effectiveness. The strongest alliance of each country will participate in the final one-piece battle, offering players a chance to prove their worth and a chance to clinch domination of the seas.

What problems does Sailwars solve?

Sailwars solves several problems facing the gaming industry, particularly in the realm of NFT games and blockchain-based gaming. Firstly, it addresses the lack of truly captivating gameplay experiences in the NFT gaming space by offering an all-encompassing gaming experience that combines strategy warfare, simulation management, and epic gameplay.

Secondly, Sailwars solves the issue of entry barriers that hinder many players from participating in the NFT gaming space by offering a free-to-play experience initially. The game also incorporates play-to-earn elements, allowing players to earn cryptocurrency by participating in various in-game activities, making it an accessible and rewarding experience for all.

Thirdly, Sailwars addresses the issue of centralized governance in the gaming industry by offering a unique governance structure through the DAO, giving players a voice in the game’s development and direction. Token holders are granted the privilege to participate in the governance of the DAO by suggesting and voting on changes that relate to its operation. Those who hold more than 500,000 tokens are given the opportunity to apply for a position on the Board of Directors, allowing them to take a more active role in shaping the direction of the DAO.

Sailwars’ historic breakthrough

Sailwars is a groundbreaking GameFi experience that offers a unique approach to on-chain gaming through its innovative gameplay mechanics and decentralized governance structure. The game introduces a novel way of incorporating NFT technology into its gameplay by featuring warships, characters, and weapons as integral components of the gaming experience. What sets Sailwars apart from other NFT games is its ability to fully integrate play-to-earn rewards, allowing players to earn cryptocurrency and real-world value while participating in the game.

Additionally, Sailwars’ DAO governance structure promotes community-driven development, giving players a say in the game’s direction and development. Sailwars’ innovative approach to GameFi is a true breakthrough in the gaming industry, paving the way for a more absorbing, engaging, and rewarding gaming ecosystem.

The future of Sailwars

The Sailwars team has grand plans once the game is released on iOS and Android soon, with the final touches being put on the development of the game. Here is our project roadmap, including what has already been completed:

2022 Q4

Market Research ✅

Team Building✅

Game Concept Development✅

Game Story Development✅

2023 Q1

Game Engine R&D✅

Game Scenes R&D✅

AI Algorithm R&D✅

Platform architecture✅

Start social platforms✅

2023 Q2

Community events✅

Ecosystem Building✅

Website V1.0✅

Token Creation✅

White Paper V1.0 ✅

Game Play Designing✅

Build-up Of Social Functions In The Game✅

Global Marketing✅

2023 Q3

NFT Public Sales

Demo Version Testing

Seed Round Fundraising

Game Upgrade & Marketing

White List Airdrop Activities

Optimize Algorithms

2023 Q4

IDO

Token Listing

Alpha Version Launching

2024 Q1

Strategic Investments

Gaming Community

Starting Of Season 2 Storyline

Expand Partnership

Full Version Release

Visit our website

Read our whitepaper

Follow us on Twitter

#web3gaming #gamefi #NFT

Chainbase is an all-in-one Web3 data infrastructure for indexing, transforming, and leveraging on-chain data at scale. It is an all-inclusive data infrastructure for Web3 that allows developers to index, transform, and utilize on-chain data at scale. By leveraging rich on-chain data and stream computing technologies in one data infrastructure, Chainbase enables automated indexing and querying of blockchain data, enabling developers to achieve more functionality with less effort.

Chainbase offers a variety of features and functions, including APIs, Pipeline and SQL, which allow developers to index, transform and use on-chain data at scale. By leveraging rich on-chain data and stream computing technologies, Chainbase is able to automate the indexing and querying of on-chain data, which significantly improves development efficiency and reduces development costs for project owners.

Currently, Chainbase already supports several public chains, including the EVM family (e.g. ETH, BNBchain, Polygon, Avalanche, Arbitrum, Fantom, OP) and the Non-EVM family (e.g. Aptos, Solana). Chainbase is expected to support up to 20 public chains by the end of 2023, providing developers with a wider range of options and application scenarios.

With Chainbase's comprehensive data infrastructure, developers can more easily index, transform and leverage on-chain data, bringing more possibilities for Web3 application development. In the future, as Chainbase continues to expand to support more public chains and continuously improve its functionality and performance, it will become an important tool and infrastructure for the Web3 space and contribute to the further development of the blockchain ecosystem.

Products and Features

Chainbase provides a series of products and features that make the Web3 development process more simplified and efficient.

1、API - Indexed Data

Chainbase provides a set of REST and Stream APIs that simplify your Web3 development process. With these APIs, developers can easily index data on the chain and perform efficient queries. Whether it's accessing blocks, transactions or account information, Chainbase's APIs make data access easier and more convenient.

2、Datasets

Chainbase supports a variety of decoded and rich datasets, allowing developers to build next-level applications that integrate with advanced protocols. Whether it's on-chain transaction history, smart contract execution results or on-chain asset data, Chainbase's datasets provide a diverse source of information, offering developers the opportunity to dig deeper and leverage on-chain data.

3、Studio - Customize Datasets

With Chainbase's Studio feature, developers can deploy a pipeline for transforming data in real time. Using a low-latency stream computing engine, developers can process and manipulate on-chain data in real-time while building custom datasets based on their needs. This gives developers the flexibility to transform, clean and analyze data to provide more valuable data for applications.

4、Sync - Transferring data to the backend

Chainbase Sync allows developers to integrate the data they need into their own infrastructure and more easily analyze or process the data to power the API. By synchronizing data with back-end systems, developers can use their favorite tools and techniques to study and analyze data more deeply in their local environment, enabling a higher level of data utilization.

5、Data Cloud

Chainbase's Data Cloud provides a convenient way to run low-latency queries that leverage all indexed datasets to meet developers' custom needs. Without the need to build a complex query infrastructure, developers can quickly access the data they need and perform personalized data manipulation through simple endpoint access. The Data Cloud provides developers with a flexible and efficient way to leverage Chainbase's rich data resources.

As Chainbase continues to expand to support more public chains, it will have the opportunity to become a key tool and infrastructure in the Web3 space as it continues to improve functionality and performance.Chainbase's products and features enable developers to easily index, transform and leverage on-chain data, providing powerful support for the innovation and development of Web3 applications. Whether building decentralized financial applications, non-transactional NFT marketplaces or on-chain analytics tools, Chainbase provides a reliable and efficient data infrastructure to help developers succeed in the Web3 space.

Business Status and Team

Chainbase was founded in 2021, and the commercial version of the product went live on July 1, 2022, and quickly attracted nearly 100 paying users and nearly 4,000 active developers worldwide. This rapid growth demonstrates the widespread user acceptance and demand for the data indexing and querying capabilities offered by Chainbase.

As of early 2023, Chainbase's API service is approaching 200 million calls per day, highlighting users' reliance on its efficient and reliable data access. Users trust Chainbase's technical capabilities and stability, making it their partner of choice for building Web3 applications.

Specifically, Chainbase's product ecosystem at this stage can be divided into five parts:

1、Dashboard

Create, debug, monitor and operate Web3 applications through an integrated console.

2、Chain Network Services

A multi-chain, multi-network JSON-RPC node service for accessing on-chain metadata.

3、Web3 API service

Data query indexing service supporting multi-chains and multi-protocols (tokens, non-homogenized passwords, domain names, accounts, etc.).

4、deCrypto Data Cloud Service

Completely open data cloud warehouse, supporting OLTP and OLAP, able to build any SQL query and get the result quickly.

5、Developer Suite

No-configuration development tool suite to speed up integration, debug development and product log tracking.

Chainbase has successfully helped enterprises and developers solve more than 80% of infrastructure development, operation and maintenance costs and other problems, including but not limited to the following areas:

1、NFT marketplace

2、GameFi

3、SocialFi

4、Data Analytics

5、ETC, etc.

In addition, Chainbase always adheres to three product delivery principles:

1、Ease of use: low code, out of the box.

2、Fast: not just 30% improvement, it should be exponential growth.

3、Security and stability: 99.99% system availability and infrastructure with security guarantees.

Chainbase's core team consists of a group of passionate and talented professionals. The founder, mushroom (mogu), is a serial entrepreneur who has worked as head of security at Bilibili and has a reputation as a world-class hacker. Other members of the team come from well-known Internet companies such as Bilibili, ByteBeat, Tencent Cloud and Ctrip, bringing diverse perspectives and extensive industry experience.

The Chainbase team strongly believes that Web3 has unlimited potential to revolutionize the world. Their mission is to achieve complete openness of data on the chain and promote true Web3 data affirmative action. By providing users with comprehensive and efficient on-chain data services, they actively promote the prosperity of the blockchain ecosystem.

Chainbase is constantly striving for innovation and excellence, playing a role in leading innovation in the industry. They are committed to attracting more people to join the team to explore the future of Web3 and co-create a more inclusive, just and sustainable world.

Conclusion

Chainbase has tremendous potential to index, transform, and leverage on-chain data as an all-encompassing Web3 data infrastructure. As the number of supported public chains continues to grow, Chainbase will provide developers with a wider range of options and application scenarios. This will further drive innovation and development of Web3 applications.

With features such as API, Pipeline and SQL provided by Chainbase, developers can index, transform and use on-chain data in a scalable manner. This will significantly improve development efficiency and reduce development costs, opening up more possibilities in areas such as building decentralized financial applications, non-transactional NFT marketplaces and on-chain analytics tools.

Operationally, Chainbase has quickly attracted nearly 100 paying subscribers and four thousand active developers worldwide, and its API service is approaching 200 million calls per day, demonstrating the reliance of users on its efficient and reliable data access. This demonstrates the widespread user acceptance and demand for the data indexing and querying capabilities provided by Chainbase.

Chainbase's core team consists of professionals with extensive industry experience in Internet companies. They believe in the unlimited potential of Web3 and are committed to achieving complete openness of data on the chain and promoting true Web3 data affirmative action. As the team continues to grow, Chainbase will continue to lead innovation and contribute to a more inclusive, just and sustainable Web3 world.

Overall, as Chainbase continues to expand to support more public chains, and continues to improve functionality and performance, it promises to become an important tool and infrastructure for the Web3 space. Developers can easily index, transform and leverage on-chain data with Chainbase, providing powerful support for the development of Web3 applications.

The casino industry has long held a reputation as a breeding ground for fraud and scams, primarily due to the fast-paced, high-stakes cash transactions that take place within its confines. This darker side of the industry has become even more prominent with the advent of online casinos, which have seen a rapid increase in scams, largely due to dishonest operators. As people from all walks of life flock to these virtual havens in hopes of hitting the jackpot, an ever-growing number of unscrupulous operators have begun to take advantage of naive and unsuspecting players.

Blockchain technology is revolutionizing the way online gambling operates by providing transparency, security, and fairness for all players. This innovative approach is transforming the industry, ensuring a more trustworthy and enjoyable experience for users.

The Plague of Online Casino Scams

Online casino scams come in various forms, but they all share the common goal of exploiting players for financial gain. Prevalent scams include rigged games, where scammers design games with manipulated algorithms to ensure the casino takes the majority of bets, leaving players with virtually no chance of winning. False bonuses lure players with attractive offers, such as large bonuses, free spins, or deposit matches; however, once players register and deposit money, these offers become inaccessible or are accompanied by insurmountable wagering requirements.

Further scams involve delayed or denied payouts, where players win and meet withdrawal requirements but never receive their winnings, or they face significant delays designed to discourage cashing out. Account closure scams occur when casinos abruptly close a player's account without explanation after they've won substantial amounts or attempted to withdraw. Insider trading is another underhanded tactic, where fraudulent casinos allow friends, family, or associates to win jackpots unfairly, eliminating the chance for other players to win.

Additional scams to be wary of include identity theft, payment method fraud, clone casinos that impersonate legitimate establishments, phishing emails designed to steal personal information, and unlicensed casinos operating outside legal frameworks.

These scams not only cause financial loss and emotional distress for players, but they also tarnish the gambling industry's reputation. Rigged games, false bonuses, and insider trading manipulate players' odds of winning, leading to frustration and diminished confidence in fair play. Identity theft, payment method fraud, and clone casinos can cause financial harm and personal data misuse, with potentially devastating consequences. Furthermore, delayed or denied payouts, account closure scams, and unlicensed casinos infringe on players' rights and obstruct their access to legal recourse.

To address these pressing concerns, the casino gaming industry is turning to blockchain technology as a solution.

How Blockchain Can Revolutionize Online Casino Gaming

Blockchain technology offers a range of benefits for online casino games, particularly when it comes to preventing fraud and scams. These benefits include:

By using blockchain, casinos can create a more transparent, secure, and fair gaming environment for their players.

A Real-World Example: Massive Gaming Club

Massive Gaming Club is a prime example of how blockchain has been used to combat fraud and scams in online casino games while building trust in players.  This Web 3 social casino game developer is venturing into the realm of decentralized social casino games with a focus on providing players with a secure and transparent Play-to-Earn (PnE) rewards system.

In April, Massive Gaming completed the Random Number Generator (RNG) certification process with GLI and Itech Labs. RNG plays a pivotal role in guaranteeing fair and unbiased outcomes in online gaming, making this certification a significant milestone for the company. Massive Gaming's RNG algorithm underwent a series of stringent tests, including the renowned Marsaglia's "diehard" tests for statistical randomness. Itech Labs further conducted comprehensive scaling tests for dice games and rigorous shuffling evaluations for single-deck card games. These assessments employed large samples to ensure statistical accuracy. The RNG certification serves as a guarantee that Massive Gaming's games are not rigged and that their outcomes are genuinely random. 

At the time of writing, Massive Gaming Club has introduced three PnE Social Casino Games: House of Poker, House of Blackjack, and House of Slots. Massive Gaming claims to be the "world's first stable blockchain-based social casino games." Their Play-to-Earn feature allows players to accumulate USDC, a stablecoin pegged to the U.S. dollar, through in-game currency or gems.

In Massive Gaming, players earn USDC by accumulating Gems and Rubies, which are primarily obtained through gameplay on specific slot machines like "Triple Scarlet," participating in events, and exchanging USDC at the Intella X exchange. The amount of Gems and Rubies earned depends on the user's status, bet multiplier, and in-game indicators that influence exchange rates. Players can use these currencies to purchase in-game currency (Chips) and items in the Gem/Ruby Shop or exchange them for USDC through the Intella X exchange. The exchange rates might differ for Gem/Ruby to USDC and USDC to Gem/Ruby conversions. By effectively utilizing these methods, players can maximize their USDC earnings in Massive Gaming.

Conclusion

Blockchain technology offers a promising solution to address the long-standing issues of scams and fraudulent activities plaguing the online casino gaming industry. The adoption of Web3 casino games brings numerous benefits, including transparent and auditable game outcomes, heightened security through cryptography, increased trust due to decentralized systems, lower operating costs, and decentralized ownership, which empowers players with greater control over their gaming experience.

Massive Gaming Club serves as a real-world example of how blockchain technology can be employed to create fair, secure, and transparent Play-to-Earn systems in the online gaming industry. However, despite the numerous benefits of blockchain technology, it is crucial for players to remember that every casino game inherently carries risks and concerns. Users should be aware of the potential for financial loss, as gambling outcomes are never guaranteed. Additionally, players must be cautious when sharing personal information and selecting platforms, as cybersecurity threats and data breaches remain a concern even in blockchain-based systems. It is essential to research and choose reputable casinos, set responsible gambling limits, and stay informed about the ever-evolving landscape of online gaming. By taking these precautions, players can mitigate risks and enjoy a safer, more satisfying gaming experience.

Overview

Gameta, short for Game Token Advance, is a game cryptocurrency developed based on blockchain technology. Its concept is to create a multifunctional platform that integrates gaming, information, and investment. Its characteristic is to provide a unique arena that allows players to compete and earn profits. This is an innovative idea that brings new possibilities to the blockchain gaming industry. Gameta is committed to leading millions of Web2 users into the Web3 world and building their own metaverse. The platform offers a series of super casual games, aiming to attract Web2 users into the Web3 world by providing a range of super casual games. Gameta's goal is to become a multi-layer NFT gaming ecosystem, providing players with Web3 gaming and entertainment experiences.

Game Project

Game Section

Gameta currently offers a variety of games, including "Ghost Run," "Human Tower," "FrogPrince Rush," "Invest Master," and more. These games operate on the P2E (Play-to-Earn) model, allowing players to earn cryptocurrency rewards while playing. Additionally, players can earn more GDO rewards by upgrading their NFTs.

Development

Gameta's active user count on the BNB Chain ranks first, and it is also the winner of Binance Labs' Most Valuable Builder incubation camp. Within a week of its launch, Gameta quickly became the number one BNB Chain GameFi platform on the user count leaderboard of DappRadar. In the first 48 hours, Gameta gained 35,000 new users, and 24-hour data shows that the game currently has over 80,000 daily active users. This is due to its unique open ecosystem and precise grasp of the integration of game and blockchain technology. At the same time, Gameta is actively expanding its network community, establishing a strong user base, and laying a solid foundation for the long-term development of the project.

Future

Gameta plans to release more game content in the future and launch new games in the Gameta network. Users will soon be able to enjoy more games within the system. In addition, Gameta plans to organize special activities for players to obtain Hippo NFT in the game.

Fundraising

Gameta recently completed a seed round financing of $5 million, with investors including Binance Labs, Huobi Ventures, Arcane Capital, Ceras Ventures, Start VC, Gate.io Labs, W3Coins, Redline Dao, DefinanceX, Rana Capital, and Infinity Labs. Gameta will use this funding to accelerate the construction of its game ecosystem, token and NFT system, and expand its user base.

Conclusion

Gameta’s unique gamified financial model has successfully attracted a large number of users. Its success on the BNB Chain demonstrates the huge market potential of gamified finance. We look forward to Gameta's continued development in the future, providing high-quality gaming experiences and financial services to more users.

Gameta aims to become a global leading blockchain gaming platform and has already met the necessary conditions to steadily move towards this direction. In the future, Gameta will continue to uphold the principles of "fairness, transparency, and security" while improving existing business, constantly exploring and innovating, and striving to provide users with more and better services.

In summary, Gameta is an innovative and forward-thinking blockchain gaming project. With its unique business model and advanced development concept, it has gained high recognition in the market. Facing the future, Gameta will undoubtedly continue to play a leading role in the blockchain gaming industry, promoting progress and development in the industry.

Blockchain technology has permeated every aspect of our lives, especially playing a crucial role in the creation of digital assets and virtual world. Among them, the Shareverse project, with its unique concept and remarkable technological strength, is redefining the boundaries of the metaverse.

Project overview

Shareverse: A new interpretation of the metaverse

Shareverse is a metaverse project based on blockchain technology, dedicated to providing users with a platform to create, share, mine, and trade various virtual assets. In Shareverse, users can fully control their digital identities and enjoy a more intuitive and realistic metaverse experience.

Shareverse puts users at the center and encourages everyone to unleash their creativity and actively participate in the construction of the metaverse. This is not only manifested in users being able to freely design and trade virtual goods, but also in Shareverse's respect for and listening to the voices of community members in many important decisions.

Technical Background: Blockchain and Smart Contracts

Shareverse relies on the decentralized and tamper-proof characteristics of blockchain to ensure that every user's rights and interests in the metaverse are not violated. At the same time, by applying smart contract technology, Shareverse connects users' actions in the metaverse with the legal system of the real world, further strengthening the protection of user rights and interests.

Features and Advantages

User-driven Metaverse

Shareverse adopts a user-driven approach, encouraging everyone to participate in the construction of the metaverse. It not only provides rich tools and platforms for users to unleash their imagination and create their own virtual goods, but also allows users to have a say in the formulation of the metaverse's rules, truly achieving user-driven management and operation of the metaverse.

Highly Secure Data Protection

By utilizing the encryption algorithms and distributed ledger of blockchain, Shareverse effectively protects the security of user data and prevents the risk of data tampering or theft. In Shareverse, every operation of the user is recorded on the blockchain, forming a permanent and public historical record, thus maximizing the protection of user rights and interests.

Future Outlook

In the future, Shareverse will continue to deepen the concept of the metaverse, driven by technological innovation, to create a more perfect and attractive metaverse platform. Whether it is in the creation, sharing, and trading of virtual goods, or in community governance and smart contract applications, Shareverse is expected to bring more innovation and breakthroughs.

Overall, the Shareverse project is a fresh interpretation and attempt at the concept of the metaverse. It puts users at the center and advocates for free creation and sharing, providing a brand new metaverse experience for users. This is a project worth paying attention to and looking forward to. We have reason to believe that Shareverse will lead the development direction of the metaverse in the future and become a benchmark in the industry.

Rido: Changing the Ownership of Web3 Data

With the advent of the Web3 era, the issue of data ownership has become an urgent topic. Rido, as an important part of the Shareverse ecosystem, is the key tool to solve this problem.

Rido is committed to giving users full control over their personal data, changing the existing data ownership model. Through blockchain technology, users can securely and transparently store, use, and manage their data. In addition, Rido also allows users to trade their own data, realizing the assetization of data. This not only enhances the value of data but also protects users' personal privacy.

Community Building

Ambassador Program

In order to establish closer connections with the community users and better understand and serve them, Shareverse recently announced the results of the first round of ambassador selection. These ambassadors will not only actively participate in community building but also lead more users to promote the development of Shareverse.

In addition, Shareverse is still actively looking for more talented and passionate ambassador candidates to join its ranks. As long as you have unique insights into blockchain technology, the metaverse, or Shareverse, you may become the next Shareverse ambassador.

Open Collaboration

In order to encourage more collaboration and innovation, Shareverse is actively seeking open collaboration. Whether you are a developer, designer, or a researcher with a deep understanding of the metaverse, as long as you are willing to contribute your talents to this project, Shareverse welcomes your participation.

At the same time, in order to involve more users in this project, Shareverse has also launched the "MOD" program. As long as you have enough passion for this project, you can become a MOD and participate in the community's construction and operation.

Overall, Shareverse is a platform that actively promotes openness, aiming to connect talented individuals from all over the world and collectively build a more perfect metaverse. In this process, every participant will grow and progress with Shareverse.

Outlook

The development of Shareverse is not limited to the current vision and plan. With the deepening of blockchain technology and the concept of the metaverse, Shareverse is expected to integrate more innovative elements and form a more complex and rich ecosystem.

As we can see, Shareverse and Rido have already made forward-looking attempts to provide users with a higher quality metaverse life and a more fair data ownership model. In the future, they will continue to optimize their products, improve user experience, and constantly lead and promote the development of the entire blockchain industry.

This is a project full of infinite possibilities, worth every blockchain enthusiast and believer in the metaverse to look forward to, pay attention to, and even participate in, witnessing and shaping the future metaverse together.

Core Concept

Attic NFT is a unique project that is built on novels and has established a stable business model and ecosystem. The project revolves around 10 basic characters and 20 main cities, which together construct a rich story world. NFT holders can contribute to the development of the novel by collectively creating novel chapters through various dapp utilities, injecting new ideas into the narrative. Additionally, 80% of the Web2 profits will be distributed among all NFT holders.

Worldview

The worldview of Attic NFT is its uniqueness. In this world, the Earth has experienced a series of disasters and wars, forming four continents. The historical background and future development of this world are co-created by NFT holders. This allows everyone to participate in the construction of this world, making the worldview of Attic NFT more diverse and rich.

Attic Novel is a blockchain-based NFT project set in a world that has experienced a series of disasters and wars. This world is now divided into four continents, which have undergone significant changes over the past two centuries but still exist in the form of "nations" today. However, these "nations" have not eliminated what experts call "enslavement control"; on the contrary, this slavery and oppression are more rampant in large cities like Avalon. It was reported that at the end of 2071, a message suddenly erupted on social media in the Asian cultural circle: the Earth is about to be destroyed, and humanity is facing extinction. The original version of this message was an article called "The End of Doomsday," which provided no evidence or explanation, nor did it cite any scientific data. It merely listed, in a grand style, nearly a hundred future disasters that would occur on Earth in the next year. However, people began to panic when Mars suddenly exploded on New Year's Day as predicted. The meteorite flying towards Earth after the explosion was intercepted by a space station and pulverized, turning into a red mist in space tens of thousands of miles away. These two consecutive disasters shook the Earth, causing it to almost split, resulting in the four continents we have today. Fortunately, there was no evidence observed to support the "alien life destroying Mars" or the "ambiguous attack on nuclear bombs" described in "The End of Doomsday." All existing evidence at the time pointed to mere coincidences. With the occurrence of these disasters, many organizations began to search for the author of "The End of Doomsday." However, after several decades and even centuries of searching, no progress was made, and the original author of the article could not be found. It appeared out of nowhere like a phantom, leaving a ghostly presence in the human world. This gradually became one of the reasons for the resurgence of religions on the stage of history. The subsequent climate changes led to almost no global food harvest for decades. During the twenty years from 2100 to 2120, before the emergence of new industrial food production and new agriculture, it was a time to clean up the aftermath of disasters and deal with the survival of the global population.

Earth became a hellish place, and many countries began to disintegrate from that time. However, in the next century, human civilization survived in a crumbling state. Amidst constant changes, technology gradually developed and formed the world we have today. The Attic Novel project has attracted a lot of attention with its unique worldview and in-depth background. Its story depicts a world that has experienced disasters, wars, social upheavals, and technological advances. The formation and development of this world are filled with drama and uncertainty. This project is not just an NFT project but also a virtual world with depth and breadth, providing participants with a platform for exploration and experiences.

Gameplay

In Attic NFT, players can participate in this world in various ways. This includes voting system, NFT mini-games, novel reader, NFT gallery, NFT staking, NFT city wars, and NFT farming, among others. These gameplay options not only give players a greater sense of participation, but also add unique value to each NFT.

Features

To enter the world of Attic NFT, you need to purchase or mint an NFT and then start creating the storyline of the novel together with other holders. The novel is updated 3-4 times a week, with 1-3 chapters per update. In advanced features, you can trade NFTs in the market and earn $ACT through staking. You can also participate in city wars or engage in farming operations in the Atticverse.

Profit method

In Attic NFT, you can earn income in various ways. You can trade NFTs on the market, or you can claim $ACT through the dapp. In addition, you can also win Atticverse points by participating in games in the Atticverse. As for those who have made outstanding contributions in the Attic community, there are additional rewards.

Vision

The goal of Attic NFT is to change the operation of NFTs in web3. They hope to make more NFT projects practical and have appropriate business models through their own efforts, rather than just speculation or pure art. They hope to gather a group of passionate people to join the Attic community and create the largest web3 IP in the future. They hope that every Attic holder can enjoy every day in the community and achieve passive income through casual games and social interactions in web3. Their goal is to enable every Attic holder to enjoy every day in the community and achieve financial freedom.

Summary

Attic NFT is a unique project that combines novels and blockchain technology, providing users with a new way to participate. Through co-creating novels, users can leave their mark in this world. By participating in games and community activities, users can generate substantial income. The vision of this project is to change the operation of NFTs in web3, allowing more people to enjoy the fun and benefits brought by blockchain technology.

Introduction

The SFT protocol is a decentralized protocol designed to provide liquidity for staked assets and build high-performance public chain cloud nodes. This protocol solves the liquidity problem of staked assets in POS blockchains and provides cloud node APIs and device services, becoming the fastest and most reliable Web3 infrastructure.

The core of the SFT protocol is its liquidity staking derivative (LSD) solution, which allows users to maintain the liquidity of their assets while enjoying staking rewards. This resolves the contradiction between TokenStake security and token liquidity, which has become increasingly apparent with the launch and development of projects and ecosystems such as FIL, Cosmos, Polkadot, and others.

Application

ScenariosThe SFT protocol has extensive prospects in the field of decentralized cloud computing. First, the SFT protocol utilizes the Filecoin network to provide secure and efficient storage solutions, which is essential for decentralized applications. Second, the LSD solution of the SFT protocol enables developers to easily access the resources they need to build and expand applications. Lastly, the cross-chain capability of the SFT protocol allows seamless interaction with other blockchain networks, further expanding the possibilities of decentralized cloud computing.

Products and Services

The SFT protocol provides a range of products and services, including LSD products, Web3 infrastructure, high-value data storage, and application services. Among them, LSD products allow users to stake PoS tokens through a fully permissionless and decentralized ecosystem, enjoy liquidity staking, and conduct unlocked transactions. Web3 infrastructure services, on the other hand, provide the ability to connect to more than 18 blockchains for developers, applications, and the world through a global node network. In addition, the SFT protocol also provides large-scale language data models and privacy computation centers similar to ChatGPT.

Development Roadmap

The development plan of the SFT protocol is divided into three phases. In the short term, the SFT protocol will first be applied on Filecoin to address the issues of long-term FIL staking and weak token liquidity. In the medium term, the SFT protocol will establish a large amount of infrastructure and collect cloud node API interfaces to provide necessary cloud services for building the future Web3 and metaverse. In the long term, the SFT protocol will provide various privacy computation and storage solutions to meet customers' needs through a self-enhancing global distributed multi-cloud network infrastructure.

Roadmap

2023 Q1

​2023 Q2

​2023 Q3

​2023 Q4

Community and Governance

The community governance mechanism of the SFT protocol is managed through a DAO organization with multiple signatures. SPD token holders can directly participate in the governance of the DAO organization. In addition, the SFT protocol has designed an initial incentive mechanism called StakingDrop to stimulate early adoption of SFT. New incentives may increase the collection of circulation fees.

Impact and Significance

The SFT protocol has a profound impact on Web3.0, metaverse, physical economy, and digital economy. The SFT protocol starts with pledging assets and aims to create a decentralized asset protocol. Whether it is FIL, ATOM, or DOT, the SFT protocol will provide token liquidity for them. On the cloud service node API interface, we will collect APIs of various blockchains and provide all the components needed to build the future Web3 and metaverse. In terms of hardware, we will create a self-enhancing, comprehensive, globally distributed multi-cloud network infrastructure to provide customers with various simplified privacy computing and storage solutions to meet their needs more securely and efficiently. Finally, our proprietary connection will help global companies utilize next-generation blockchain infrastructure for digital transformation.

Conclusion

In summary, the SFT protocol is an innovative and forward-looking project that builds a solid foundation for the future of Web3 by addressing some of the core issues in the blockchain field. With the continuous development and application of blockchain technology, we have reason to believe that the SFT protocol will play a larger role in the future, driving global economic development, societal and technological transformation, as well as innovation.

In the world of cryptocurrencies, where there are tokens, there are miners. Filecoin miners fall into two categories: storage miners (responsible for storing data) and retrieval miners (responsible for retrieving data).

Storage miners, as their name suggests, earn FIL tokens by renting out their idle storage space. When clients want to save data on the network, they create storage agreements with these miners. In turn, the miners store the data and showcase their dedication to preserving it by regularly submitting cryptographic proofs to the Filecoin blockchain. These proofs confirm that the miners have stored the data securely and without any modifications. As a reward for their services, storage miners are compensated with FIL tokens.

Retrieval miners, on the other hand, help users access data from storage miners. When a client requests data, the retrieval miner locates the stored information, delivers it to the client, and earns FIL tokens. Retrieval miners can also cache popular content to expedite access.

Filecoin uses FIL tokens as incentives for miners to consistently provide storage space and retrieval services. Miners can choose to exchange FIL tokens for cash or use them to pay for services within the Filecoin ecosystem. This mining process fosters the development of a decentralized storage network, facilitating secure and distributed data storage and retrieval.

Why should I opt for storage mining instead of joining the popular Bitcoin mining community?

The primary reason is that Bitcoin mining is becoming increasingly difficult. The total supply of Bitcoin is capped at 21 million, and the issuance rate is halved every four years. So far, there have been three halvings: in 2012, 2016, and 2020. Data indicates that as of July 5, about 19.42 million Bitcoins have been mined, which means over 92% of the total supply has been exhausted. Although it took 14 years to mine 92% of Bitcoins, the remaining unmined portion is exceptionally challenging to obtain. CoinDesk estimates that it could take nearly 120 years to mine the remaining Bitcoins, with completion expected around 2140.

Filecoin mining is currently more akin to the early days of Bitcoin mining. The total supply of Filecoin (FIL) is 2 billion, with halvings occurring every six years. Filecoin mining is still in its initial stages, with approximately 440 million FILs in circulation and a significant number of tokens awaiting miners.

Bitcoin mining requires substantial computing power to solve complex equations, rewarding those who find solutions first. Higher configurations result in increased rewards but also consume more energy. In contrast, FIL is issued based on IPFS, and its primary mining principle involves miners continually storing data on hard drives to earn FIL rewards, falling under the category of storage mining. The Filecoin mining machine is a storage server that converts effective data storage capacity into mining computing power, consuming significantly less energy.

Although the remaining mining potential of Filecoin significantly surpasses that of Bitcoin, and the mining difficulty is lower, there is a major drawback for ordinary participants: the entry barrier for Filecoin mining is quite high.

Unlike Bitcoin's POW (Proof of Work) mining model, Filecoin mining utilizes the POC (Proof of Concept) model. Bitcoin miners invest in electricity and GPUs to earn BTC rewards, and in the early stages, a personal computer was sufficient for participation. However, Filecoin mining is different. It demands miners to offer storage space and data retrieval services, which places higher requirements on miners' capital and technical expertise:

Filecoin mining necessitates a substantial initial investment in hardware and FIL collateral. For instance, 1 PiB of storage space requires a hardware investment exceeding $300,000 and a FIL stake of over $1 million. This presents a significant financial hurdle for aspiring miners.

Operating a Filecoin node is technically demanding and calls for a professional team and round-the-clock management, making it challenging for those without a technical background.

To minimize costs and operational difficulties, smaller mining operators often join mining pools and connect their servers to shared Filecoin nodes managed by larger pools. This results in mining pool centralization, which can lead to unethical practices by operators, such as delayed payments or falsified costs and rewards.

To fulfill the high collateral requirements, miners frequently need to borrow FIL from lenders, with interest rates on these loans sometimes reaching 40%. This further intensifies the financial strain of Filecoin mining.

Due to the limitations of capital costs and technical thresholds, most FIL token holders cannot participate in Filecoin mining. To enable more people to join Filecoin mining at lower costs, Filet Finance, a Filecoin staking and lending protocol, offers a viable solution.

Filet Finance: Bringing Staking and Lending on the Filecoin Virtual Machine

Filet Finance was officially launched in May 2021. In March, the platform introduced the Filecoin Virtual Machine (also known as Filet 2.0). Leveraging Filet 2.0, Filet Finance tokenizes Filecoin computing power and integrates it into the DeFi ecosystem. The platform aims to enable FIL token holders to participate in Filecoin mining with lower barriers and reduced risk while simultaneously achieving higher returns on investment.

Filet Finance has partnered with Filecoin officials and is audited by the blockchain security firm Certik. The platform utilizes decentralized smart contracts and cross-chain bridges to ensure service openness and transparency. As of July 6, Filet Finance has been operating stably for 770 days, boasting a total locked value (TVL) of 816,542 FIL and a distribution of 138,249 FIL.

The platform enables FIL holders to generate income through token staking services and also offers storage provider solutions to expand mining operations.

(1) FIL token holders: token staking

Featuring multi-chain support, FIL token holders can stake FIL on the Filet 2.0, Filecoin, or BNB chain.

The platform is compatible with various wallets, including WalletConnect, MetaMask, Topia, HiWallet, and Foxwallet.

Below are the estimated APY figures provided by the platform:

(2) Storage Provider SP: Token Lending

Filet allows storage providers to expand mining scale through FIL token lending. Currently, the platform has launched three collaboration services:

- Filet exclusive domain: Provide an independent domain name for storage providers to ensure that all assets pledged through the domain name are allocated to the corresponding miner ID.

- Filet Platform: SPs can settle and share staking pools with other providers on the Filet website.

- Filet SaaS service: Filet provides SaaS service for storage providers with specific brand needs. SP can have a custom domain name, and Filet can create an exclusive DeFi platform on demand. This cooperation model is especially suitable for large SP groups. It does not need to invest in development resources, but also allows SPs to create a pledge pool to achieve self-sufficiency.

Mining Economics of Filet Finance

As a decentralized FIL staking and lending platform, Filet enables all token holders to participate in Filecoin mining while attracting more storage providers to join and contribute to the growth of the Filecoin mining ecosystem.

The platform's revenue is derived from the mining output of storage providers. Mining rewards are distributed in two parts:

Filet deducts a service fee from the initial 25% upfront reward and transfers the remaining proceeds to the user's Filet account via a smart contract. After the staking period ends, users receive the 75% locked portion, which they can withdraw all at once.

Currently, Filet employs a 30-day sealing cycle to convert storage space into mining computing power. For example, if 12 FIL is staked to obtain 1T of computing power, this 1T computing power will be gradually released within 30 days until the full 1T computing power is realized on the 30th day.

Conclusion

Filet Finance brings a diverse array of DeFi approaches to Filecoin, effectively lowering the entry barrier for everyday users to participate in Filecoin mining while also catering to storage providers looking to grow their operations. With Filet Finance, users no longer need to invest in costly mining equipment, navigate complex technical maintenance, or rely on borrowing FIL from third parties at steep interest rates. By bridging the gap between token holders and storage providers, Filet Finance opens up new investment avenues, bolsters FIL liquidity, and drives the expansion of the Filecoin DeFi market.

According to the official roadmap, Filet also plans to establish a Filet DAO to promote transparency in Filet community governance decisions through decentralized processes and offer users more high-quality DeFi services.

Web3 is all about ownership. It represents the evolution towards a decentralized Internet, where users maintain control over their data and actively partake in governing the underlying protocols. This "read-write-own" paradigm empowers individuals to possess assets, be they digital or tangible, without depending on centralized or corporate intermediaries. In essence, users would have the opportunity to hold a stake in the network, reaping the rewards of its growth as a participant and shareholder, rather than being reduced to a mere customer or product.

A prime example of this paradigm shift is Aimagine, a community-curated NFT marketplace and launchpad for AI-generated art on the Arbitrum network. Aimagine cultivates a sense of ownership and earning potential for stakeholders in the decentralized art ecosystem. By catering to art enthusiasts, collectors, and creators, it encourages them to embrace a more proactive and invested role in shaping the future of the digital art landscape.

AImagine: Monetization Your Social Capital in Web3

Aimagine is a no-code launchpad and marketplace for AI-generated art and artists, providing essential tools and analytics for creators to issue content and build their communities.

It is making waves as the first AI NFT marketplace to launch on Arbitrum, offering users a platform where they can turn their imagination into on-chain art that lasts forever. But Almagine is about much more than just creating and launching NFTs - it's also pioneering the first-ever Artist Staking pools, empowering community curation of art in the NFT marketplace. Let's discover how Aimagine is empowering artists and collectors while democratizing the art world. 

Aimagine has introduced the concept of "social capital," placing emphasis on the monetization of users' social capital. 

What exactly is "Social Capital"? At its core, social capital represents the value derived from people engaging with one another. Investopedia describes it as a "positive product of human interaction."  Web2 has been instrumental in tapping into the power of social capital, giving rise to a myriad of successful online platforms and services that have become integral to our daily lives. However, in the Web2 era, the benefits of social capital have been largely concentrated, accruing to the platforms themselves or to the individuals who garner significant followings. Meanwhile, the followers and fans—the very people driving these interactions—often find themselves on the sidelines, reaping little to no rewards for their engagement and contributions.

In Aimagine, your social interactions are also owned by you.  Leveraging social capital through tokens and pioneering the first-ever Artist Staking pools, Aimagine creates a more inclusive and balanced digital landscape for all stakeholders, from creators to consumers. Aimagine wrote in the whitepaper：

" In the AImagine model, we capitalize the act of following with the $AIMG token. Here, rather than simply follow Artist (or not) as a binary decision, users are able to allocate varying quantities of their Social Capital across as many or as few Artists as they like by staking $AIMG to specific Artist pools." 

Artist Staking pools on Aimagine transform passive followers into active curators who are rewarded for their efforts. By staking in these pools, users not only influence which artists launch on the platform, but also earn a stake in the AIMG artist rewards, resulting in an innovative fan token trading experience.

Moreover, Aimagine presents art collectors and enthusiasts with a unique way to collect and trade. Beyond traditional trading and auctions, the platform incorporates a cutting-edge Bid 2 Earn mechanism. In this system, even unsuccessful bidders earn rewards, ensuring that users always benefit from their engagement.

Aimagine Tokenomics: Vote-Stake Mechanism

Blockchain technology facilitates the flourishing of decentralized networks by employing tokens and smart contracts in governance models. Through ownership of network tokens, users gain both a stake in the network and a voice in its governance. The Aimagine ecosystem is supported by its native token, $AIMG. $AIMG serves as the backbone of the platform's revolutionary features, including the Artist Staking pools, which act as a capitalized voting structure to control the success of artists on the platform. This democratic approach puts the wisdom of crowds to work, unearthing the next generation of top AI artists worldwide.

The primary function of the $AIMG token is as a vote-staking mechanism, where token holders can decide which artist should receive a portion of the platform's rewards by staking $AIMG in specific artist pools.

When users stake AIMG tokens for Artists' pools, they are essentially voting for which Artists they want to support. In this sense, the $AIMG token acts as a form of social capital.

Staking is a key aspect of the Aimagine ecosystem, with the $AIMG token used to stake in artists' pools. Incentives and rewards are paid to the staking pools in $AIMG for the benefit of artists. 

The platform's rewards consist of $AIMG tokens generated from an inflation supply and those recycled through platform revenue. As the supply is fixed, early rewards will predominantly be composed of inflation, while later-cycle rewards will be derived from revenue. Artists are expected to develop their own economic assets and contribute to the rewards pools within their ecosystems.

Over time, staking acts as a global economic control function in the Aimagine model, performing two critical functions: setting the amount of recycled $AIMG for burning before distribution and sending excess $AIMG to the treasury.

The $AIMG token is designed to be deflationary. A portion of the platform's revenue will be used to purchase $AIMG tokens and burn them. The burn rate will be determined by the amount of $AIMG staked. When more $AIMG is staked, the burn rate will decrease. This means that the total supply of $AIMG tokens will decrease over time, which should increase the value of the token.

The price of the $AIMG token will be determined by supply and demand. The supply of $AIMG tokens will be fixed, but the demand for the token will depend on the number of users who want to stake their tokens for artists and the amount of platform revenue that is used to purchase and burn $AIMG tokens.

Overall,  the native token, $AIMG, serves as a vote-staking instrument and form of social capital,  will help to grow the platform's ecosystem and create a more sustainable community. The token's utility is accessed through staking, with staking pools in the Aimagine ecosystem benefiting artists and users. As the platform continues to grow, so will the efficiency and liquidity of the $AIMG markets, ultimately benefiting all participants.

Conclusion

By leveraging social capital through its native $AIMG token, Aimagine empowers artists, collectors, and enthusiasts to actively participate in the platform's governance, transforming passive followers into active curators and stakeholders.

However, the platform faces challenges common to every Web3 project, specifically in overcoming adoption barriers, as users must acquaint themselves with Web3 technologies and digital wallets. Additionally, regulatory uncertainties surrounding blockchain technology and NFTs could potentially impact the platform's growth and prospects.

Furthermore, Aimagine must prioritize the security and privacy of user data as well as establish the trustworthiness of the platform's underlying technology. Achieving a balance between decentralization, user experience, and security is essential for the platform's long-term success.

Once upon a time, the Filecoin community faced a common challenge - how to create more liquidity for the world's leading distributed storage network? It was in this context that FilFi was born.

FilFi is a DeFi protocol designed to create liquidity for Filecoin assets and drive the Filecoin ecosystem to thrive through innovative products and services. It blazes a path to a license-free liquidity marketplace that ties Filecoin to decentralized exchanges (DEX) and provides greater opportunities and benefits for users.

The story begins with the Pledge Pool, an innovative concept introduced by FilFi that enables Filecoin holders to pledge their FILs to the platform for a corresponding share of the token. In turn, those service providers who own nodes can put their own arithmetic into the pool and lend their arithmetic NFTs to enable the lending of FIL. In this way, builders can earn stable revenue by pledging FIL, while node holders are able to leverage their own arithmetic to add additional revenue. This mutually beneficial model promotes the liquidity of Filecoin assets while creating more value for participants.

However, FilFi doesn't intend to stop there. They will follow up with a liquidity pledge service that seamlessly connects Filecoin's liquidity to DEX's liquidity pool. This means that members of the Filecoin community can deposit their FILs into the liquidity pool, providing DEX with the liquidity it needs and receiving the corresponding liquidity tokens. These tokens can then be traded on DEX, bringing more trading opportunities and revenue to participants.

The federated nodes are one of the unique highlights of FilFi. By pooling the arithmetic power of multiple nodes together to form a powerful federated node, FilFi increases the stability and reliability of the arithmetic power. Participants simply put their nodes into the FilFi platform's arithmetic pool, and then they can get arithmetic NFT and participate in pledging and lending operations, further increasing their revenue. This innovative node cooperation model brings more opportunities and room for development for the Filecoin community.

FilFi will also support arithmetic trading, allowing participants to freely buy and sell arithmetic NFTs, which will not only facilitate the allocation and utilization of arithmetic power, but also promote the prosperity and growth of the arithmetic market.

In addition, FilFi has established the FIL Fund to support the building and development of the Filecoin network. This fund will support a variety of projects related to the Filecoin ecosystem, including development tools, applications, scaling solutions, and more. This provides a solid foundation for the future of Filecoin and accelerates the further growth and improvement of the network.

In conclusion, FilFi is a platform that inspires innovative thinking and creates more opportunities and benefits for the Filecoin community by introducing products and services such as pledge pools, liquidity pledges, federated nodes, arithmetic trading, and FIL funds. It breaks traditional constraints, reduces the cost of trust, and drives further development of the Filecoin ecosystem. the FilFi story continues, and its will continue to bring new possibilities to the Filecoin community.

Core Product Description

FilFi is a comprehensive platform that provides Filecoin (FIL) holders with two core products: the Staking Pool and the Funding Plan. These products are designed to increase the liquidity of FIL and contribute to the prosperity of the Filecoin ecosystem.

First, let's understand the Staking Pool.

The Staking Pool allows builders to place their FIL holdings into FilFi's Staking Pool and receive a token SFIL with a corresponding equity share, while Service Providers (SPs) place their node holdings into the Arithmetic Pool to receive Arithmetic NFTs and lend these NFTs as pledges to FIL. in this way, builders are able to earn interest on their FILs by pledging them, while node holders can use the arithmetic power generated by their nodes to gain additional revenue.

To improve the liquidity of the pledge pool, FilFi optimizes the exit mechanism for builders. When builders need to retrieve their pledged FILs, these FILs are converted into exit tokens exFIL and enter the queue. However, the FILs that builders want to retrieve will remain in the pledge pool and continue to generate revenue. As soon as the pledge pool gains revenue, such as from node block bursts or FIL repayment from the lending FIL party, the pledge pool will return the reserved FIL in the queue to the builder.

In addition, exit tokens can be transferred on the secondary market, where builders can sell exit tokens to liquidity providers at a discount. As a result, builders can immediately get back their pledged FIL without waiting.

Second, we look at node plans.

When SP launches a node plan, builders holding FILs can place their FILs in the node plan. These raised FILs will be used to build nodes and place them into the FilFi platform's pool of computing power. The generated revenue will be distributed according to the proportion of each party's investment and generate the corresponding NFTs, which can also be distributed to the builders as the nodes are hosted permanently by the service provider. This means that by investing FIL to purchase arithmetic power, the builder receives the benefits of the node's output.

In general, FilFi offers two types of pools: one created on the platform by SPs without nodes, and another where SPs with nodes put their nodes into the FilFi platform's pool.

Both pools generate NFTs that can be used as pledges to lend FIL, while builders with FILs have the option to buy capacity to earn node output or store FILs for interest.

FilFi is based on the FEVM platform, which provides more value to Filecoin believers than the traditional DeFi platform, and drives FIL liquidity and the Filecoin ecosystem to flourish. FilFi plays an important role in the Filecoin community by offering products such as pledge pools and node programs. Builders and service providers can benefit from participating in FilFi's pledge, lending, and node building process, while also being able to place relevant tokens into liquidity pools on the secondary market and other DeFi platforms for ongoing revenue.

Project Features

1. Transparent and open node building process

FilFi provides a complete node-building process through its website, including node collection, packaging, production and recovery of pledged coins. This transparency allows investors to fully understand all aspects of the node construction and thus better evaluate the risks and returns. In addition, a transparent and open process can promote trust and cooperation among participants and build a fair and reliable node construction ecosystem.

2. Multi-role co-build model

FilFi divides the roles in the node construction process into three roles: organizer, technical service provider and investor. The organizer is responsible for node collection and management, the technical service provider provides node packaging and maintenance services, and the investor participates in pledging and shares the revenue. This multi-role co-construction model helps balance the rights and responsibilities of all parties, avoids the monopolization of node construction by a single centralized entity, and promotes the formation of cooperative and mutually beneficial relationships.

3. Innovative Margin System

FilFi introduces a deposit system to protect the interests of builders. Hosts and technical service providers are required to pay a certain amount of deposit and promise to fulfill their responsibilities for node construction and operation as agreed. If they default or fail to fulfill their obligations, the deposit will be used to compensate investors for their losses. This deposit system improves investors' confidence in node construction, reduces potential risks, and emphasizes the importance of contracts and commitments.

4. Globalized technology service provider aggregation

FilFi attracts competent and qualified technology service providers from around the world to join the platform, providing investors with neutral, combinable and diverse choices of services. This global aggregation of technology service providers allows investors to choose the most suitable technology service providers according to their needs and preferences, while also providing better risk control and portfolio opportunities.

5、0 Fee Model

FilFi does not charge investors any share fees, and the output of the nodes will all go to the investors. This zero-fee model brings higher returns for investors and encourages more people to participate in node construction. In addition, the zero fee also reflects the FilFi project's concern and commitment to investors' interests and provides investors with a more competitive investment option.

FilFiDAO - the bridge between DeFi and Fil

FilFiDAO is a decentralized organization that aims to enhance Fil's liquidity and promote the prosperity of the Filecoin ecosystem. Based on the Filecoin public chain, the community brings together people from around the world and across sectors who share the same beliefs in value and are committed to achieving worthy goals.

As an influential community in the Web3 ecosystem, FilFiDAO aims to be a bridge between DeFi and Fil, empowering mobility in the Fil ecosystem. It helps storage service providers gain Fil liquidity by providing a convenient, low-cost way to do so, while giving Fil holders a more secure and stable return. By accelerating the financial construction of the Filecoin network, FilFiDAO supports the landing of valuable Web3 applications and becomes the most solid and reliable partner for these applications.

Contributors who participate in FilFiDAO will enjoy multiple benefits.

First, they will receive the benefits of FilFi tokens. These tokens will play an important role in the FilFi platform and bring financial benefits to their holders.

Second, they will also gain access to Web3 resources and influence opportunities on FilFi projects, enabling them to play a more significant role in this rapidly growing industry.

In addition, participants will have the opportunity to participate in FilFiDAO's community governance, voting and voicing their opinions on the direction of the project and related decisions.

Participation in FilFiDAO also increases one's influence in the Web3 space. By participating on the FilFi platform, contributors can increase their visibility and reputation, expand their personal networks and gain access to more collaboration opportunities. At the same time, they will enjoy the value that the FilFi platform offers when they first use it, including easy Fil mobility and efficient financial services.

Notably, participating FilFiDAO also provides access to new business opportunities and timely information from the Filecoin ecosystem. As a platform built on the Filecoin ecosystem, FilFi connects technology service providers and investors from around the world, providing participants with the opportunity to collaborate with these partners.

The FilFi platform also provides timely industry information and resources, enabling participants to stay abreast of trends and market dynamics in the Filecoin ecosystem to make better informed business decisions.

Conclusion

The main feature of the current online version of FilFi is the joint node co-construction, the core of which is to move node construction and expansion to the chain to achieve decentralized construction, thus enabling open and transparent collection and distribution at the contract level, breaking the industry black box, protecting the interests of investors, and building a secure mobile network trust platform for Filecoin.

As more users participate in the FilFi platform, the liquidity of Filecoin assets is expected to be further enhanced, and FilFi will continue to improve its core functionality and expand its cooperation with other DeFi protocols to further promote Filecoin's liquidity and application scenarios. This will provide more choices and opportunities for users and drive the maturity and prosperity of the entire ecosystem.

FilFi will continue to encourage developers to join the platform and drive the emergence of innovative products and solutions. By supporting open source projects and providing technical resources, FilFi is expected to attract the attention of more developers and drive the technical progress of the Filecoin ecosystem. This will bring better user experience and broader application scenarios to users.

However, as with any project in the emerging space, FilFi faces a number of challenges and uncertainties. Market competition, regulatory environment and technology risks may have an impact on its development, and FilFi needs to remain flexible and adaptable to respond to changes in the external environment and continuously improve its products and services to meet user and market needs.

Overall, FilFi is expected to play an important role in the Filecoin ecosystem as a promising DeFi protocol. Through continued innovation and collaboration, FilFi is expected to increase liquidity, expand application scenarios, and bring more opportunities and benefits to users. However, success depends on the team's ability to execute and market acceptance, so FilFi needs to maintain an open, transparent and robust growth strategy to ensure long-term sustainability.

Satellite Communication Solutions

Satellite communication relies on a network of satellites positioned in geostationary or low Earth orbits. These satellites act as relay stations, facilitating communication between maritime vessels, onshore offices, and other stakeholders. They enable the transmission of voice, data, and video signals over vast distances, offering seamless connectivity regardless of location.  

During the event, the guests focused on their projects' development and plans, shared their breakthroughs and innovations in terms of products and services, and discussed the market's overall development. At the same time, the guests expressed their expectations for the Move ecosystem. This event was strongly supported by JinSe Finance, Foresight News, MarsBit, TechFlow, cointime, PANews, bixiaobai, WebX LABS, coinlive, Oss News, BLOCKNEWS and other media.

Atem Network is a decentralized content creation protocol, aiming at helping creators tokenize their content and build web3 native communities.  Leo believes that with the continuous development of Web3, social networks that truly belong to users can be built on the blockchain. Atem believes that users can truly control their own data, and at the same time can directly interact with creators based on on-chain data, without being limited by the platform. Leo mentioned that in addition to the decentralized content creation protocol, Atem has also launched two products based on the protocol, namely AtemChat and AtemReview. Next, Atem will continue to expand its protocol and apps to more ecosystems.

MoveBit is a security company for the Move ecosystem, and is also the earliest contributor to the ecosystem. Luis said that MoveBit continues to work with other Move developers to develop security standards for Move applications and best practices for formal verification, and its vision is to make the Move ecosystem the safest Web3 ecosystem. In the future, MoveBit will continue to participate in events related to the Move ecosystem and give full support, explore the infinite possibilities of the Move ecosystem with enthusiasts and contributors, provide higher-quality technical services for projects, and attract more high-quality teams into the Move ecosystem to build.

MoveFlow is a crypto asset streaming protocol built on Aptos and Sui that enables instantaneous, seamless and uninterrupted payment streams, allowing users to automatically initiate transactions on the blockchain according to predetermined rules. Troy introduced the product function currently supported by MoveFlow in terms of real-time salary payment, token airdrop and unlocking and other aspects, and shared MoveFlow's long-term vision of deploying a full-chain crypto payment stack with the unique creation space of programmable digital currency. He said that "programmable payment" has the imagination to penetrate into various payment scenarios, which can improve the efficiency of asset circulation and user experience as a whole. In the future, MoveFlow will also make more efforts to further accelerate the penetration of programmable payment into the traditional payment field.

Mole is a DeFi platform focusing on asset management. It uses leveraged yield farms as the underlying assets to issue various types of funds, such as hedge funds and index funds. Andrew believes that future asset management will run smart algorithms in the form of distributed smart contracts, so as to obtain stable income and avoid losses caused by market fluctuations. At the same time, asset management should focus on inclusive finance, even ordinary users can benefit from it, which is what Mole is doing. In the future, Mole will launch more inclusive products, including various funds, and excellent institutional liquidity solutions, to allow a wider range of users to participate.

OmniBTC is an omnichain DeFi platform that connects all the on-chain liquidity using interoperability protocols such as LayerZero, aiming to connect and unify all the on-chain liquidity for seamless and low-cost cross-chain transactions.  JJuunee believes that the biggest problem facing new public chains headed by Sui is the lack of users and on-chain assets. Based on this, OmniBTC has launched its own solution. On the one hand, OmniBTC can lower the entry threshold for users and allow a wider range of users to participate. On the other hand, chains can also obtain more traffic and asset liquidity. Next, OmniBTC will also focus on improving the omni-chain lending function, allowing users to safely and conveniently lend assets on other chains without relying on third-party bridges. 

Patronus is a composable DeFi liquidity protocol. Jimmy Xu said that in order to alleviate the challenges of "dispersed position management", "low capital efficiency", and "limited application scale" in the current DeFi ecology, Patronus builds a more suitable lending market, leverage market, and derivative market for financial services based on high-performance Networks such as APTOS and SUI, through independent R&D and LEGO combination. Jimmy believes that the development of DeFi will improve the current situation of " Capital Nomads " and increase the liquidity of the entire industry. At present, Patronus has been deployed to APTOS network, passed the security audit of MoveBit, and is about to launch a long-term liquidity incentive plan.

The current ecosystem based on the Move language is continuing to expand. Although it is still a relatively new ecosystem, the features of the Move language, such as being friendly to developers, have attracted many developers to build. As an emerging ecosystem, it is expected to become more mature and vigorous in the future.

Non-homogenized tokens (NFT), an emerging segment of digital assets, has continued to attract global attention and blazing investment in recent years. However, behind its rapid rise, the NFT space faces a number of important challenges that limit its further development and widespread adoption.

First, the issue of high barriers to entry is prevalent in NFT transactions. Ether, the most dominant NFT platform today, faces severe performance pressure and excessive transaction fees (gas fees). Due to the congestion and fierce competition in the Ethernet network, the level of gas fees to be paid for processing NFT transactions has reached record highs, discouraging many users from participating in NFT transactions. This high barrier not only limits the participation of regular users, but also causes problems for all parties in the NFT ecosystem, such as artists, creators and collectors.

Second, the issue of sustainability has become a growing concern. With the booming NFT market and the dramatic increase in transaction volume, the associated energy consumption is also growing rapidly, putting pressure on the environment that cannot be ignored. Therefore, how to ensure the normal operation of the NFT ecosystem while reducing the negative impact on the environment has become an urgent issue in this field.

Finally, validation is an important challenge in the NFT field today. With the rapid development of the market, many low-quality, counterfeit and even pirated NFT projects have emerged, raising questions about the authenticity and uniqueness of users. It is difficult for ordinary users to have sufficient crypto-digital domain expertise to identify and authenticate quality NFT projects, which provides opportunities for fraud and injustice and seriously undermines trust in the entire NFT ecosystem.

In the face of these challenges, innovators and participants are actively working to find solutions. They are exploring more sustainable blockchain technologies, such as Proof of Stake (PoS)-based consensus mechanisms, to reduce energy consumption and improve sustainability. In addition, developing easier-to-use NFT trading platforms and marketplaces that simplify complex transaction processes and procedures is a key step in improving the user experience. Meanwhile, establishing an effective verification and trust mechanism to guarantee the authenticity, uniqueness and quality of NFT projects through technical means and industry cooperation has become an important development direction.

In this dynamic and innovative field, addressing these challenges will drive the further development of NFT and provide a more secure, sustainable and accessible engagement experience for a wide range of users. As technology continues to advance and the industry works together, the NFT space promises to realize its tremendous potential and bring far-reaching impact to the arts, entertainment, gaming and digital economy, among others.

X-Meta.HK - How to maximize the benefits of NFT?

X-Meta.HK is a platform designed to provide a comprehensive distribution, casting and secondary trading infrastructure tool for NFT projects, aiming to maximize the benefits between NFT project issuers, crypto art communities and NFT buyers and sellers.

As a multi-chain aggregated NFT Marketplace, X-Meta.HK offers NFT project casting offerings, NFT secondary marketplaces, bidding auctions and c2c trading. The platform supports multiple language versions to accommodate users from different cultural backgrounds. It uses a diverse incentive model that combines mission badges, MAS points and tokens XMC to enhance user stickiness and stimulate the flow of transactions on the platform. Holders can participate in voting through XMC tokens, such as platform optimization and NFT project authenticity inclusion, to build the platform ecosystem together.

X-Meta.HK has built a new NFT token ecosystem by borrowing traditional financial methods, where XMC tokens are proportionally allocated to liquidity management, venture capital, pre-sale public sale, founding team, eco-pool, point exchange and pledge rewards. This ensures that XMC tokens are widely distributed in users' wallets and secures the core team's ability to develop and iterate on new products.

X-Meta.HK supports multiple major public chains and is able to efficiently process a large number of transactions and expand users' transaction options. It adopts a not fully decentralized login method, binds decentralized wallets through accounts, and supports multiple wallet types such as TokenPocket, MetaMask, and OuYi Web3 to meet users' preferences and diverse needs. In addition, the platform provides smart contracts to realize the fully automated flow of buying and selling transactions, completing transactions through trigger conditions, simplifying the transaction process, enhancing the liquidity of NFT, and bringing the best experience for users.

In order to deal with the problem of high risk in virtual asset finance, X-Meta.HK strictly screens asset issuers to ensure their professional capabilities to ensure the safety of users' assets and maximize the win-win situation for both sides of the transaction. At present, all NFT projects admitted to X-Meta.HK are subject to voting and verification, and whitelist search measures are implemented to facilitate users to check and get clear results with one click. Whether to open the NFT projects without verification in the future will be determined based on the development status of the platform and user experience.

Function introduction

1、Issue Center

The X-Meta.HK platform provides distribution services and charges a 15% fee.

The distribution center supports authors to customize key elements, such as rarity, probability model and royalty share. Each included NFT project will be reviewed and voted on by the community to exclude knock-offs and counterfeit projects.

2. Marketplace

X-Meta.HK provides the function to display, sell and buy sold NFTs. It enables decentralized transactions through smart contracts without human intervention.

Through X-Meta.HK, users can display their NFTs and accept offers from other users. The system will help users sell NFTs or provide decision advice based on set requirements. Sellers pay a 5% transaction fee and receive a discount for participating in X-Meta.HK. NFT project owners can customize royalties and receive a share of the transaction.

3. Task Center and MAS

X-Meta.HK provides users with bounty tasks and rewards, including airdrops and MAS tokens.

For NFT releases, users can complete a list of tasks to qualify for whitelist, airdrop benefits or discounted purchases.

X-Meta.HK also plans to hold regular investor contests to reward users with the highest investment points.

Actions such as uploading, purchasing NFT and participating in auctions will also be rewarded with MAS, which is a necessary metric to obtain the currency $XMC within the X-Meta.HK platform.

4. Account and Wallet

Users can log in with an account and password, and can also bind a decentralized wallet. The combination of account password and wallet facilitates KYC (Know Your Customer) and AML (Anti-Money Laundering) operations, as well as access to relevant information within the platform.

5. Auction function

HK will allow sellers to create smart contracts to store NFTs, and set the starting price and auction duration.

Buyers will be required to deposit the amount of virtual currency to the smart contract address to participate in the auction, with no refunds until a higher bid is placed. At the end of the auction, the NFTs will be sent to the highest bidder and the corresponding virtual currency will be paid to the seller, who cannot cancel the order. A 5% transaction fee will be charged for the auction.

6. X-Meta Pro

Pro is a trading aggregator designed for traders, providing a variety of trading data and charts. Real-time multi-platform data, advanced order settings, asset manager, mobile compatibility and other features to meet the needs of traders.

7. Knowledge Center

X-Meta.HK is dedicated to promoting knowledge in the crypto-digital field, providing education and an open platform. It hopes to create cryptocurrency and crypto art content through social media accounts, thus providing a hub for users of all experience levels to learn about NFT, cryptocurrencies, and the X-Meta.HK ecosystem.

Economic Model

XMC tokens are the core of the X-Meta.HK project, with a total supply of 1 billion.

1. Community Distribution Mechanism

The Mas exchange process will begin with the launch of XMC and is scheduled to be completed within 36 months. According to the plan, X-Meta.HK will distribute 456 million tokens, accounting for 45.6% of the total offering.

The 36 months of the redemption process will be divided into 4 phases, each consisting of 3 quarters, for a total of 12 quarters, each lasting 3 months. At the end of each quarter, X-Meta.HK will count the current mas rankings and redeem the corresponding number of XMC tokens. The percentage of token distribution varies slightly for each phase, but overall the first phase has the highest distribution and decreases thereafter.

Each quarter's token distribution will be sent to the user's account via airdrop and will require the user to manually open the airdrop box in order to receive the tokens. If a user does not open the drop box within a specified time period, the tokens for the current quarter will be withdrawn and included in the next quarter's distribution. 12 quarters later, any undistributed tokens will be added to the pledged reward pool.

Tokens allocated to the Founding Team, Eco-Pool and Pledge Rewards will be distributed according to the same distribution schedule, except for the community. However, tokens allocated to the Liquidity Management Pool, Venture Investors and Sale will be minted and distributed to their respective addresses prior to the start of the first quarter. If no investors have announced investments at this time, these tokens will be held at a dedicated public address. At the end of the 12th quarter, all tokens will be fully minted. The storage addresses of the liquidity management pool, venture capital (in case of no investment) and ecological pool will be publicly available on the X-Meta.

2. Mas Surge Phase

X-Meta.HK will start selling XMC tokens when the cumulative mas of all users reaches 50 million.

When the accumulated mas of all users reaches 100 million, the mas redemption phase will begin and the "quarter" will start.

HK will start the IDO/IEO process of XMC when the total mas of all users reaches 500 million, which is expected to last for 3 months.

3. Token allocation rules

1) Liquidity Management

HK reserves 2.9% of tokens for liquidity management in the token economy model. These tokens will be minted at the time of initial issuance and will be stored in a public address. They are mainly used for contingency purposes and to facilitate the overall regulation of the X-Meta Board.

2) Venture Capital

8% of the $XMC tokens will be used for venture capital. This portion of the tokens will be minted at the time of the initial offering and will be held at a dedicated address until an investor participates.

3) Pre-sale and Public Sale

X-Meta.HK will offer pre-sale and public sale opportunities for $XMC tokens. The timing of the pre-sale and public sale has not yet been determined, but the plan is to announce a sales preparation period when the overall user mas reaches 50 million. After a 1 month preparation period, the pre-sale and public sale will officially begin. During this phase, a total of 11.5% of the tokens will be minted and distributed.

4) Founding Team Holding

The 10% of $XMC tokens allocated to the founding team will be minted and distributed over 12 quarters, at the same pace as the community token distribution. A small portion of the founding team's share will be used for development and testing purposes.

5) Ecological Pool

In the future, X-Meta.HK will build a complete NFT ecosystem to encourage quality applications to join the X-Meta.HK ecosystem. Therefore, X-Meta.HK has set up an eco-pool to support the development of quality eco-applications. It will contribute 5% of its $XMC tokens to the eco-pool, and the X-Meta council will vote to decide which apps will receive funding support. These funds will be used to help selected apps with development and product iteration.

6) Mas Exchange

45.6% of XMC tokens will be issued to users in mas redemptions. After 12 quarters of counting and distribution, theoretically all 456,000,000 tokens will be distributed. At the same time, all 1,000,000,000 XMC tokens in the ecosystem will be minted and distributed to the corresponding wallet addresses.

7) Pledge Reward

X-Meta.HK has established a pledge reward pool to ensure that users are rewarded for pledging their XMC tokens. Each XMC token can be pledged. Each pledge period is 2 months and the interest will be returned to the user's wallet at the end of the pledge along with the principal.

Conclusion

X-Meta.HK, as a multi-chain aggregated NFT Marketplace, aims to provide issuance, minting and secondary trading infrastructure tools for NFT projects to facilitate the development of the NFT market. In the future, X-Meta.HK is expected to further expand its platform features and services to meet the growing needs of its users.

By supporting multiple major public chains and multilingual versions, the platform is able to attract users from different cultural backgrounds and provide more trading options. x-Meta.HK also employs diverse incentive models such as mission badges, MAS points and tokens XMC to increase user engagement and stimulate the flow of transactions on the platform. The platform also plans to launch an auction feature and a trading aggregator designed for traders to provide more trading options and convenience.

However, whether or not to open the NFT program for inexperienced traders in the future will be subject to a combination of factors including the state of development of the platform and user experience.

Overall, X-Meta.HK is committed to building a secure and trustworthy NFT ecosystem for users and providing greater benefits to NFT project issuers, the crypto art community and NFT buyers and sellers.

AI (artificial intelligence) is one of the hottest and most promising technologies today. It can provide intelligent solutions for all walks of life, improve efficiency, reduce costs and create value. In the field of AI, there are two different but complementary technologies, generative AI and decision-making AI.

Generative AI refers to the AI technology that can automatically generate various content and services according to the needs and preferences of users, such as text, images, music, videos, etc. Generative AI can provide users with more choices and convenience, and it can also provide enterprises with more opportunities and competitiveness.

Decision-making AI refers to AI technology that can automatically make optimal decisions and actions based on user data and analysis, such as recommendation, search, consultation, and transaction. Decision-making AI can provide users with more intelligence and confidence, and can also provide enterprises with more effects and guarantees.

These two technologies have broad market space and innovation potential, as well as complex industrial chains and ecosystems, as well as huge development space and challenges. In this article, we will introduce the difference, interaction and development of generative AI and decision-making AI from the following aspects:

· Market demand: Both generative AI and decision-making AI can meet the different needs of users for consumption, such as personalization, innovation, interaction, intelligence, convenience, security, etc.

· Traditional industries: Both generative AI and decision-making AI can affect the development of traditional industries, such as media, education, entertainment, medical care, finance, retail, etc.

· Value creation: Both generative AI and decision-making AI can create value for users and enterprises, such as improving consumer experience and sense of value, improving product quality and creativity, and improving data efficiency and value.

Economic impact: Both generative AI and decision-making AI can have an impact on the economy, such as promoting consumption growth and innovation, promoting industrial transformation and upgrading, and promoting social progress and development.

Technology Architecture

The technical architectures of generative AI and decision-making AI have some commonalities and differences. The common point is that they all need three main components: data layer, model layer, and application layer. The data layer refers to the part used to collect, store, process, and provide data, such as databases, data warehouses, and data lakes. The model layer refers to the part used to train, optimize, run, and update the model, such as deep learning, machine learning, natural language processing, etc. The application layer refers to the part used to generate, display, interact, and evaluate content and services, such as web pages, APPs, APIs, etc.

The difference is that they differ in the specific implementation and functions of the data layer, model layer, and application layer. The data layer of generative AI requires more multimedia data, such as text, images, audio, video, etc., as well as more user preference data, such as tags, ratings, comments, etc. The model layer of generative AI needs to have stronger generative capabilities, such as variational autoencoder (VAE), generative confrontation network (GAN), neural network language model (NNLM), etc. The application layer of generative AI needs more creativity and interaction, such as content creation, content selection, content communication, content sharing, etc.

The data layer of decision-making AI requires more structured data, such as tables, charts, and values, as well as more user behavior data, such as clicks, browsing, and purchases. The model layer of decision-making AI needs to have stronger decision-making capabilities, such as collaborative filtering (CF), support vector machine (SVM), random forest (RF), etc. The application layer of decision-making AI needs to be more intelligent and convenient, such as content recommendation, content search, content consultation, content transaction, etc.

Market demand

Generative AI can meet users' needs for personalized, innovative, and interactive consumption. With the improvement of users' consumption level, users' demands for consumption content and services are becoming more and more diversified and personalized. Users are no longer satisfied with passively accepting standardized content and services provided by enterprises, but hope to choose or create the most suitable content and services according to their own preferences. At the same time, users are increasingly pursuing innovative and interactive consumer experiences, hoping to get in touch with, communicate and share with more novel and interesting content and services.

Generative AI is exactly the technology that can meet these needs. Generative AI can automatically generate various content and services, such as text, images, music, videos, etc., according to the needs and preferences of users. Users can obtain content and services that suit their own tastes through simple input or selection without spending a lot of time and effort. At the same time, generative AI can also promote the innovation and diversification of content and services, allowing users to access, communicate and share with more novel and interesting content and services. For example, users can use generative AI to create their own songs, stories, paintings, etc., and interact and comment with other users.

Decision-making AI can meet users' needs for intelligent, convenient, and safe consumption. With the increase of user consumption data, users' demand for consumption decisions and actions is becoming more and more intelligent and convenient. Users are no longer willing to spend a lot of time and energy in the consumption process of searching, comparing, selecting, purchasing, evaluating, etc., but hope to obtain optimal decisions and actions through simple operations. At the same time, users are paying more and more attention to the security and privacy of consumption, hoping to protect their data and behaviors from being leaked or maliciously used.

Decision-making AI is exactly the technology that can meet these needs. Decision-making AI can automatically make optimal decisions and actions based on user data and analysis, such as recommendation, search, consultation, transaction, etc. Users can obtain the most suitable products and services by simply inputting or clicking, without spending a lot of time and energy. At the same time, decision-making AI can also ensure the security and privacy of user data and behavior, and prevent data from being leaked or maliciously used through measures such as encryption, desensitization, and fragmentation.

Traditional industry empowerment

Generative AI can affect the development of traditional industries, such as media, education, entertainment, and medical care. These industries are all content and service-oriented industries, which need to continuously produce and provide various content and services to meet the needs of users. Generative AI can provide these industries with more possibilities and opportunities, allowing them to produce and provide content and services more flexibly and efficiently.

For example, in the media industry, generative AI can help media organizations or individual creators generate various news, comments, columns and other content, improve the quality and quantity of content, and can also help users generate various views, feedback, interaction and other content, Increase content variety and interactivity. In the education industry, generative AI can help educational institutions or individual teachers generate various courses, textbooks, exercises, etc., improve the quality and effect of teaching, and can also help learners generate various notes, summaries, homework, etc., to improve learning. efficiency and results. In the entertainment industry, generative AI can help entertainment organizations or individual artists generate various music, movies, games and other content, improve the quality and creativity of entertainment, and can also help audiences generate various evaluation, sharing, participation and other content to improve entertainment. Diverse and interactive. In the medical industry, generative AI can help medical institutions or individual doctors generate various diagnosis, treatment, prevention and other content, improve the quality and efficiency of medical care, and can also help patients generate various consultation, feedback, rehabilitation and other content to improve medical care. Convenience and security. For example, generative AI can generate the most accurate diagnosis results and the most appropriate treatment plan based on the patient's medical records, examinations, laboratory tests and other data, and can also generate the most effective preventive measures based on the patient's symptoms, constitution, living habits and other data and health advice. Generative AI can also generate the most professional consultation answers and the most considerate service suggestions based on patients' questions and needs, and can also generate the most timely rehabilitation guidance and optimal treatment adjustments based on patients' recovery status and feedback.

Value Creation

Both generative AI and decision-making AI can create value for users and enterprises, such as improving consumer experience and sense of value, improving product quality and creativity, and improving data efficiency and value.

For users, generative AI can give users more choices and convenience, as well as more innovation and interaction. Users can automatically generate or select the most suitable content and services according to their needs and preferences, improving consumption experience and sense of value. Users can also come into contact with more novel and interesting content and services, communicate and share with them, and increase consumption participation and interaction. Decision-making AI can allow users to gain more intelligence and confidence, as well as more security and privacy. Users can automatically obtain optimal decisions and actions based on their own data and analysis, improving consumption intelligence and confidence. Users can also protect their data and behaviors from being leaked or maliciously used, improving consumer security and privacy.

For enterprises, generative AI can allow enterprises to improve product quality and creativity, as well as improve product efficiency and competitiveness. According to the needs and preferences of users, enterprises can automatically generate or provide the most suitable content and services for users, so as to improve product quality and creativity. Enterprises can also automatically generate or develop the most valuable content and services based on market opportunities and trends to improve product efficiency and competitiveness. Decision-making AI can allow enterprises to improve data efficiency and value, and it can also allow enterprises to improve data protection and responsibility. Enterprises can automatically optimize or adjust product attributes, functions, prices, etc. based on user data and analysis to improve data efficiency and value. Enterprises can also automatically protect or process data security, privacy, copyright, etc. in accordance with laws, rules, and ethics to improve data protection and responsibility.

Economic impact

Both generative AI and decision-making AI can have an impact on the economy, such as promoting consumption growth and innovation, promoting industrial transformation and upgrading, and promoting social progress and development.

For consumption, both generative AI and decision-making AI can promote consumption growth and innovation. Generative AI can stimulate users' consumption needs and interests by providing more choices and convenience, as well as by providing more innovation and interaction, and increase users' consumption frequency and amount. Decision-making AI can meet users' consumption needs and pain points by providing more intelligence and confidence, as well as more security and privacy, and increase users' consumption loyalty and retention rate.

For industries, both generative AI and decision-making AI can promote industrial transformation and upgrading. Generative AI can help companies achieve industrial transformation and upgrading from production-oriented to user-oriented, from standardization to customization, and from simplification to diversification by improving product quality and creativity, as well as product efficiency and competitiveness. Decision-making AI can help enterprises achieve industrial transformation and upgrading from data collection to data analysis, from data use to data management, and from data closed-loop to data openness by improving data efficiency and value, as well as data protection and responsibility.

For society, both generative AI and decision-making AI can promote social progress and development. Generative AI can increase social cultural diversity and creativity by providing more choices and convenience, as well as by providing more innovation and interaction. It can also increase social communication and sharing, and enhance social cohesion and inclusiveness. . Decision-making AI can increase the level of technology and intelligence of society by providing more intelligence and confidence, and by providing more security and privacy, it can also increase the sense of security and trust of society, and enhance social stability and sustainability.

In conclusion

This article introduces two different but complementary technologies, generative AI and decision-making AI, both of which are technologies for the generation and decision-making of content and services based on AI technology. We analyzed the difference, interaction and development of generative AI and decision-making AI in terms of market demand, traditional industries, value creation, economic impact, and technical architecture. We believe that both generative AI and decision-making AI have broad market space and innovation potential, and both have complex industrial chains and ecosystems, as well as huge development space and challenges. We look forward to seeing more applications and services of generative AI and decision-making AI, making our lives richer and smarter.

FlerkenS is a decentralized personal AI application platform, based on the Web3 network that helps users achieve digital transformation, and provides users with borderless digital and intelligent services.

FlerkenS builds an AI market, an AI publisher, and an open and scalable general artificial intelligence (AGI) system. AI-DSL enables AI applications and services of different types and fields to collaborate and interact with each other, through personal vectors Database (Personal Vector Database) + Langchain Technology Solution (Langchain Technology Solution) + large-scale model technology implementation path, allowing users to obtain personalized AI services, and realize point-to-point with service providers under AI technology in a distributed network environment The connection to build a distributed AI intelligent business and a distributed AI economy.

The first application of FlerkenS: Smart career planning based on Web3+AI, which can provide personalized career development suggestions based on users' personal information, interests, abilities and goals, including career planning, training and career recommendations wait. It can also help users solve workplace problems and improve professional skills and confidence through dialogue and interaction.

The NFT industry is an area that has grown rapidly in recent years due to the rise of ethereum and other blockchain technologies. It has sparked a whole new focus on how digital assets are owned and traded.

However, as NFT has grown in popularity, some questions have begun to surface. First, there are concerns about the potential adverse environmental impact of NFT transactions. Since most NFT transactions use energy-intensive platforms such as Ether, this has raised concerns about their sustainability. People are starting to look for more environmentally friendly and energy efficient solutions.

Another important issue is the originality of works and copyright protection. Due to the explosive growth of the NFT market, counterfeit works and intellectual property infringement have come along with it. Artists and creators need to ensure that their work is fully protected, and buyers want to buy truly unique works. Therefore, it is crucial to have effective verification and traceability mechanisms in place.

At the same time, there is a risk of speculation and a bubble in the market. the NFT market has experienced rapid growth for some time, attracting the attention of a large number of investors and collectors. However, this rapid growth has raised some concerns about whether the market bubble will burst, leading to losses for investors.

In addition, it can be difficult for the average user to understand and use NFT technology. They need to learn how to create, buy and trade NFTs, as well as how to manage their digital assets. In order to drive wider adoption, user education is critical.

In addition to these issues, the NFT industry faces challenges with interoperability and standardization. Numerous different blockchain networks and platforms exist in the market today and lack interoperability with each other. This limits cross-platform transactions and asset liquidity.

Finally, long-term value retention is also an issue worth considering. While NFT gives digital works a unique identity and ownership, ensuring the stability and continuity of their long-term value still needs to be further explored.

In summary, while the NFT industry is full of potential, it faces a number of challenges and dilemmas. Through technological innovation, collaboration and regulatory measures, we can expect the field to gradually overcome these issues and achieve healthy and sustainable growth.

OpenGate: The best way to manage your NFT

OpenGate is the world's first innovative NFT trading platform based on the Filecoin ecosystem. It is co-invested by the Australian Gold Ventures Fund, a subsidiary of the Australian Bullion Trading Platform (AGSX), and ADCX, Australia's international digital asset trading platform, and is the first NFT trading platform in the world to have a digital asset trading license.

OpenGate's vision is to create a truly decentralized marketplace for the secure and permanent storage of NFT data, and to create value through exchange and return the proceeds to the community.

As a platform based on the Filecoin ecosystem, OpenGate is able to leverage Filecoin's distributed storage technology to ensure the security and sustainability of NFT data.

The platform offers users the opportunity to participate in the NFT market by providing a secure, transparent and trusted trading environment. openGate is committed to driving the growth of the NFT market and creating more opportunities and value for artists, creators and collectors. Through the use of smart contract technology, the trading process is made efficient and irreversible, ensuring that the rights of participants are protected.

In addition to being a trading platform, OpenGate emphasizes community giving back. By giving back a portion of the proceeds to the community, they encourage active participation and contributions from users to drive the growth and prosperity of the entire NFT ecosystem.

OpenGate's innovative and Filecoin-based ecosystem makes it unique in the NFT industry. It provides users with a secure, trusted platform with long-term storage capabilities that helps address some of the challenges in the NFT space, such as the protection of work originality and the need for a decentralized marketplace. By continuing to drive technology innovation and community engagement, OpenGate is committed to advancing the NFT industry and creating more opportunities and value for its users.

The Team

OpenGate's founding team is spread across the United States, Canada and Australia and has years of experience in the Internet, blockchain and finance industries. This team is dedicated to solving the challenges facing the NFT industry and trading platforms today.

The team members' professional backgrounds allow them to gain insight into the needs and challenges of the NFT market and work towards building a more secure, efficient and innovative trading platform. Their experience spans technology development, smart contracts, market operations and risk management, enabling them to combine different factors to drive OpenGate forward.

In addition to the attention of many crypto capitalists, OpenGate has received significant attention and support from Protocol Labs. As one of the first corporate members of Protocol Labs' Global Star Ambassador Community Program, OpenGate has established a close working relationship with Protocol Labs. This allows OpenGate to leverage Protocol Labs' expertise and resources in blockchain technology and decentralized storage.

OpenGate will further leverage the storage benefits of Filecoin and the deployment of advanced technologies such as FVM (Filecoin Virtual Machine) on the ground. By leveraging the distributed storage features of Filecoin and advanced technologies such as FVM, OpenGate is committed to building an NFT trading platform with global reach and innovation.

As OpenGate grows, it is expected to have a positive impact on the global NFT market and drive innovation and growth in the industry.

OG Crypto Bear Club NFT

In April 2022, OpenGate launched OGCryptoBearClub, the world's first equity-based NFT series that enables eco-governance through smart contracts, in order to convey the value of "serving the community and giving back to the community". This series of NFTs can be acquired by subscription, and the subscriber will automatically become a founding sponsor of OpenGate globally.

As a Founding Sponsor, the collector not only has the right to receive a permanent share of the platform's revenue, but also has a number of privileges. These include access to an airdrop of platform governance passes, enabling them to participate in and influence the decisions and direction of OpenGate. In addition, they also enjoy a number of privileges such as priority access to whitelists or airdrops of various other NFT collections.

In this way, OpenGate closely aligns entitlement with community participation through NFT. Subscribers are not only users and supporters of the platform, but also become one of the key participants in its governance and development. This eco-governance design encourages users to actively participate in the development of the platform and enhances the cohesiveness and activity of the community.

The launch of the OGCryptoBearClub series further strengthens OpenGate's community-oriented and give-back mechanism. By tying equity directly to NFTs, OpenGate incentivizes users to hold and participate in NFT trading activities, contributing to the health of the platform's ecosystem.

Through this innovative governance model and entitlement design, OpenGate brings more value and privileges to NFT holders, while enhancing interaction and cooperation among community members. This smart contract-based eco-governance model is forward-looking in the NFT industry and provides a model for other platforms to follow.

Conclusion

Looking forward, as technology continues to innovate and the industry evolves, we can expect distributed storage technologies to play an important role in addressing the security and sustainability of NFT data. Innovative NFT trading platforms like OpenGate, based on the Filecoin ecosystem, provide an example. By leveraging distributed storage technology, OpenGate is able to secure NFT data and provide users with a secure, transparent, and trustworthy trading environment.

In addition to security and sustainability, we can expect additional technological innovation and collaborative efforts to address other issues. For example, establishing effective verification and traceability mechanisms to ensure the originality of works and copyright protection; strengthening regulatory measures to reduce the risk of speculative behavior and market bubbles; providing better user education to reduce the difficulty of using NFT technology, etc.

In addition, interoperability and standardization are also important issues that need to be addressed. By enhancing interoperability between different blockchain networks and platforms and promoting cross-platform trading and asset liquidity, the growth and prosperity of the NFT industry as a whole can be facilitated.

In conclusion, despite the range of challenges facing the NFT industry, there is reason to believe that through technological innovation, cooperation and regulatory measures, the space will gradually overcome its problems and achieve healthy and sustainable growth. innovative platforms such as OpenGate also provide insight and demonstrate the potential and possibilities for the future of the NFT industry. We look forward to seeing more innovations and efforts like these to drive the NFT industry toward a more prosperous and sustainable future.

In recent years, the gaming industry has experienced tremendous growth, with new and innovative titles capturing the imaginations of millions of players worldwide. One such game that promises to revolutionize the Web3 gaming landscape is Fableborne, developed by Pixion Games. In this article, we will delve into the Web3 ecosystem of Fableborne, the team behind its creation, what makes it unique, and the recent successful fundraising that has put the spotlight on this highly anticipated game.

Pixion Games and its Most Recent Fundraising

On June 27th, 2023, gaming studio Pixion Games announced the successful closure of a $5.5 million funding round amidst a bear market. An impressive roster of investors, including Blizzard Fund, Shima Capital, Eldridge, Merit Circle, ReadyPlayerDAO, VGC, Zee Prime, Mechanism Capital, GSR, Avalaunch, and Misfits Gaming, among others, backed this funding round. Pixion Games has meticulously cultivated its investor relationships, seeking partners dedicated to sustainable long-term growth.

Established in 2017, Pixion Games specializes in crafting engaging multiplayer games that are easy to understand, challenging to master, and ultimately enjoyable to play in short sessions. The company's team comprises industry veterans from leading game studios such as Konami, Garena, Gala Games, Square Enix, Sony, Wargaming, Pixonic, Ubisoft, and NCSOFT. These experienced professionals bring a wealth of knowledge and a proven track record in developing captivating multiplayer experiences for millions of gamers.

The funds raised in this recent round will significantly bolster Pixion Games' development of its flagship title, Fableborne. Kam Punia, the Founder of Pixion Games, leads the Fableborne team. With an extensive background in the gaming industry, Punia's record of success makes him an invaluable asset to the Fableborne project. Punia's impressive career includes a 12-year tenure at Konami Digital Entertainment Inc., where he played a pivotal role in the development and success of various AAA titles. Some of his notable achievements include the growth and expansion of the Yu-Gi-Oh! brand in Northern Europe and the successful management of high-profile game launches such as Metal Gear Ground Zeroes and Silent Hill Downpour. Under Punia's guidance, the Yu-Gi-Oh! Trading Card Game surpassed both Pokemon and Magic the Gathering as the most successful TCG in the region. Additionally, Punia's work extended to the establishment of Esports academies and grassroots tournaments for Yu-Gi-Oh! games. In addition to his role at Pixion Games, Punia serves as a board advisor for the NFT marketplace, VeVe Digital Collectibles.

Fableborne: A Unique Blend of Blockchain, RPG, and Base Building

Gaming has emerged as a prominent topic in the Web3 space. At the start of 2021, there were a mere 27,000 Web3 game users. However, by December 1st, 2021, this figure had skyrocketed to 2.58 million. According to DappRadar's "2022 dApp Industry Report," the number of daily unique active wallets (UAW) in the Web3 gaming sector is expected to increase by approximately 1.15 million in 2022. This growth would account for 49% of all daily blockchain activities across Dapps and yield a 94.17% surge in transactions. Data indicate that the blockchain gaming market could expand from $4.6 billion in 2022 to an impressive $65.7 billion in 2027.

However,  the majority of Web3 games in the market are hastily developed, substandard products that only draw in speculators or temporary players before quickly losing steam. We can see that the web3 gaming ecosystem has encountered a significant hurdle —— a shortage of genuine "players" and a surplus of "investors." The community is flooded with users primarily seeking quick gains, as the majority of participants are motivated by financial incentives rather than genuine enjoyment of the gaming experience itself.

Web3 gaming projects must focus on the fundamental aspects of gaming. These projects should prioritize offering an engaging gameplay experience while effortlessly integrating cutting-edge Web3 components. Fableborne, an action role-playing game (RPG) developed by Pixion Games, is one such example of a game that successfully leverages the power of blockchain to create a captivating and enjoyable gaming experience.

Fableborne is an isometric free-to-play and play-to-own multiplayer game that combines action RPG and base building elements, redefining accessibility in mobile games and challenging the concept of competition in short, snackable sessions. Set in the Shatterlands, a realm shattered into pieces by a mysterious event that plunged the world into chaos, players are tasked with competing against others for gold and glory.

The game allows players to build their base, raid opponents, and upgrade buildings and Heroes in a world rich with lore, stunning visual art, and engaging gameplay. With the recent influx of capital and continued support from trusted investors, Pixion Games is poised to make significant strides in Fableborne's ongoing development. This includes the introduction of Pixion League, an in-app tournament platform, and the enhancement of LiveOps for free-to-play games.

Fableborne utilizes the Avalanche network as its blockchain infrastructure, bringing multiple advantages over other networks and protocols. Avalanche is EVM-compatible, fast, and offers low transaction fees. Furthermore, Fableborne's NFT tokens are compliant with other parties, such as OpenSea, ensuring seamless integration with popular platforms.

Fableborne's Web3 Ecosystem: NFTs and Tokenomics

Fableborne's innovative approach to gaming extends to its Web3 ecosystem, which includes NFTs and a unique tokenomics model. The game's NFTs represent in-game assets, such as Echoes (slumbering Heroes), items, and islands, and are designed to enhance social play, user-generated content (UGC), and tradable in-game assets without negatively impacting core gameplay.

In Fableborne, players can obtain a multitude of NFTs that allow them to verify their ownership of in-game assets. Players can earn NFTs not only by purchasing them from the market or participating in NFT sales but also by engaging in in-game activities such as tournaments, events, and regular ladder gameplay.

The Fableborne utility token can be used to upgrade and maintain Fableborne NFTs, which come in different forms and rarities that reflect various traits. These NFTs can be used in-game, stored for later use, or sold on the open market.

Fableborne's tokenomics model focuses on creating a self-sustainable economy that aims to reduce surplus issuance by recirculating the existing token allowance. The goal is to have a system that requires minimal inflationary issuance, as the flow of tokens through various sinks supports the proper functioning of all token faucets. NFTs are designed to provide long-term holding incentives and grow in utility as the user invests time and utility tokens.

According to Fableborne, the team will not entertain the idea of adding tokens until the game has officially launched. Once live, they will evaluate if issuing tokens contributes positively to the game's ecosystem and enhances the long-term experience for players.

Staking mechanics are planned to provide various on and off-chain incentives for long-term holding. The greatest pool of value will be obtained in-game, with players acting as the gatekeepers of NFT content and token supply. Consistency and dedication to the game will be rewarded with on-chain and off-chain rewards.

Fableborne leverages account-bound items and gated access behind progression, among other methods, to mitigate harmful value extraction. The game incentivizes commitment to gameplay by providing the most value to players who expand and upgrade their gameplay to become more immersed in the game world.

Fableborne's Pixion League offers in-app tournaments that cater to midcore multiplayer gaming experiences, with matches that can be played in less than five minutes. This feature adds a competitive edge to the game, allowing players to participate in tournaments and earn valuable rewards, including NFTs and in-game tokens. A key aspect of Pixion League is its emphasis on user-generated content (UGC), which is natively designed as a core part of the game. Players are encouraged to build their bases, which then serve as content for others to raid, and vice versa.

The integration of UGC in Fableborne not only extends gameplay but also allows players to create personalized experiences for one another. This fosters a sense of community among players and further enhances the in-game experience. By combining UGC with tournaments and on-chain rewards, skilled base builders have the opportunity to create value within the Fableborne ecosystem. This approach encourages long-term participation and keeps players engaged, as they continuously seek to improve their base-building skills and compete for rewards.

Overall, the incorporation of UGC and competitive tournaments in Fableborne's Pixion League creates a dynamic and engaging gaming experience. This unique combination of features ensures that players remain invested in the game, while also offering them a platform to showcase their creativity and skills.

Conclusion

Fableborne is a promising new game that combines the best of blockchain technology and traditional gaming. The game's innovative approach to NFTs and tokenomics has the potential to revolutionize the gaming industry. However, there are still some risks associated with the project, such as the volatility of the cryptocurrency market and the uncertainty of the regulatory landscape.

Fableborne is still in development, and there is no guarantee that it will be successful. Despite these risks, Fableborne has the potential to be a major player in the Web3 gaming space. The game's team has a strong track record in the gaming industry, and the project has received significant investment from reputable investors. 

Before we begin, let’s try to summarize the benefits of returning Web3 data ownership to users:

At first glance, everything may appear beautiful, but on closer inspection, many problems arise. If data ownership is returned directly to users and they have full control over their data, the last two points above cannot be achieved. For instance, in the game League of Legends (LOL), a user’s level and win rate should belong to the user. However, if users can arbitrarily modify their level and win rate (e.g., level: invincible king, win rate: 120%), the “authenticity” of the data cannot be guaranteed. Untrustworthy data is likely to be unusable in applications, let alone monetized.

RIDO’s mission is to explore the reasons behind these problems and attempt to solve them.

I. How to Define Data Ownership in Web3

What changes from Web2 to Web3 have led to the issues mentioned above?

In Web2, centralized institutions control the generation, control, and use of data, and the security of data information is guaranteed by the reputation of these institutions. However, in Web3, data security should be guaranteed by the decentralized network, not by the data owner. Therefore, we need to redefine data ownership in Web3.

Data in Web2: Only the information itself (level and win rate), as well as the security of the information, is endorsed by centralized institutions.

Data in Web3: Includes information and the conditions for generating information. Information can only be modified according to established rules.For example, in a profile, the value of an EOA (Externally Owned Account) can only be set to address A if the user owns the private key of A. The security of the information is guaranteed by a decentralized network.

Data Ownership in Web2: The owner has full control over their data, including the ability to modify it and control access to it.

Data Ownership in Web3: The owner has the right to update data, but can only modify it according to the rules of modification. They own the data and can control access to it.

What RIDO Does

Figure 2 shows the difference between RIDO and Web3 data ownership 1.0, based on the redefinition of Web3 data ownership.

In Web3 data ownership 1.0, users have full control over their data, and access control is limited to basic permissions (NFT-izing CRUD permissions is the most common method). In RIDO, users only hold the data ownership and can implement any access control logic through coding (Anyone who sends me 1 usd can get my resume). Meanwhile, in RIDO, data structure can be defined along with the method of modifying the data through coding.(e.g. Only the holder of account A’s private key can write account A into their own profile.). RIDO also includes the option for data ownership trading. When defining data, it can be specified whether the data can be transferred. We will explain the meaning of data ownership transferability in detail later in this article.

Compared to existing decentralized storage protocols, RIDO completely liberates the rights brought to users by Web3.

II. How RIDO Works

After understanding the mission of RIDO, we will now introduce the architecture and design logic of RIDO.

1. Logical Architecture

Variable: Data Definition

VONFT: Data Ownership

DID: Abstract Account Implementation:

When a DID holds the VONFT corresponding to the data, it holds the ownership of the data. RIDO implements an abstract account through a proxy contract. This allows users to use any identity verification method, such as Metamask or Internet Identity. RIDO also supports session keys, which eliminates the need for secondary signatures within a certain period of time after one-time identity verification. This greatly improves the user experience, as non-session key implementations require wallet signatures for all operations.

2. System Architecture

Consensus & Logic Layer & Cache Layer:

RIDO Network:

DA Layer: More Stable, Cheaper Storage

Relayer Node: Provides Data Indexing Services

3. Workflow

Figure 5 shows the workflow of RIDO:

     2. Relayer nodes forward the transactions to the logic layer.

     3. The logic layer checks the validity of the transaction, verifies whether the user has the right to modify data, modifies the data according to the defined rules, and caches the updated logs.

    4. RIDO nodes store the updated data package in the DA layer.

    5. The logic layer periodically checks whether the updated data package is stored in the DA layer based on the CID (computed locally in the logic layer) and clears the cached data that has already been stored.

    6. RIDO nodes periodically update the hash values of the updated data package on ETH/Polygon/BSC.

    7. Relayers retrieve logs from the DA layer and the logic layer, reconstruct the data state, and provide services to users.

III. Brainstorming Time:

Pretending to be serious for so long has exhausted me.

Finally, let’s be relaxed and try to brainstorm some applications and scenarios for RIDO.

Cross-Platform Data Sharing: Application Shared Data

Aside: “To be honest, this feature is a feature of web3, not unique to RIDO, so it seems familiar. So feel free to disregard it.”

In summary, it appears that RIDO can fulfill all of its current functions, but it is challenging to envision new ones. However, one possibility is to strengthen the interaction between data in RIDO, allowing for easy interaction between data that is defined within the system.

Data Trading Market (DataFi)

In the context of the data market, the value of data can be divided into two parts: the information that the data carries and the ownership of the data. We believe that both of these aspects have trading value.

      2. Data Lego: Third parties can directly build verifiable high-level data on the chain based on existing data, and provide services to the public.

Dynamic NFT

Dynamic NFTs are very interesting. Just imagine if an NFT had a programmable storage space. Wouldn’t that make the NFT a piece of executable code? Combining several executable codes together results in a mini-program. These mini-programs can be combined using non-fungible tokens (NFTs), where each NFT has separate ownership and can be traded. Mini-programs can also be NFTs composed of multiple NFTs. While the possibilities are interesting, we are still exploring them.(Shareverse is a kind of exploration). (Aside: “Don’t ask me what specific applications there are, we are still coding, no, still exploring”)

Matrix (Aside: “Now, i am going to talk about science fiction”)

AI is currently developing rapidly, and the topic of “digital immortality” has once again come to the public’s attention(Aside: “Wasn’t this thing previously just science fiction? When did it enter the public eye?”). When discussing digital life, it’s impossible to avoid the topic of data ownership.If someone were to take your consciousness to conduct various strange experiments, it would be unacceptable both ethically and emotionally. (Aside: “recommend watching the movie ’Jung_E’ a science fiction film supported by Netfenix”. RIDO provides a possibility to solve this problem, and we can now use AI to make some preliminary attempts on RIDO:

Aside: “actually this article was completed with the help of GPT. Science fiction comes into reality, ai is amazing”

Reputation System

The last cool idea I thought of is a reputation system. (Aside: “Although I used to feel that building a reputation system on blockchain, a technology that achieves consensus without relying on trust, felt like it was contradictory, but anyway, let me try to talk about it”.)

I believe the reason why the reputation system on the blockchain cannot succeed is that most of the value of an account resides in its assets. When an account’s assets are transferred away, the account ceases to have value. However, believe that there is still a lot of data that is difficult to capitalize but has high value. For example, an account has 1 million fans. An account with 1 million fans is very valuable, but it is difficult to transfer these 1 million fans through capitalization. Therefore, the value of the 1 million fans is deposited on the account, and when the value deposited by an account has accumulated enough, a reputation system can be constructed based on the value of the account.”

(Aside: Okay, I can’t make anything up anymore.)

Come on: “This is the extent of my imagination, but our imagination is infinite. Therefore, any idea, any brainwave, can be annoying anytime, anywhere. Let’s not worry about whether it’s feasible, just consider whether it can bring a little bit of difference, even if it’s just a little bit, even if the person who brings about change is not us in the end.” — —From Rido Team

UvChain: A Next-Generation Business-Grade Blockchain Protocol

UvChain is a next-generation commercial-grade blockchain protocol designed to unlock a large number of practical application support structures. The protocol combines the best features of multiple dedicated public chains and allows various applications to work seamlessly together in the UvChain network to send data.

As a highly scalable business-class blockchain network, UvChain can connect more chains and specialized application providers, creating more opportunities for innovation. It provides data encryption and security for application providers and optimizes the facilities of each individual chain in the network. At the same time, it allows data exchange, interconnection and processing of transactions between different chains.

In the past few years, blockchain has shown great potential in areas such as the Internet of Things, finance, arts, and gaming. However, there were limitations in previous system designs that hindered its large-scale adoption. the UvChain team has implemented a faster and more transparent technical architecture by designing and refactoring the basic modules with a dedicated two-tier network consensus mechanism and VRF algorithm to support the new decentralized marketplace. This enables a variety of application providers to access blockchain technology at lower cost and faster.

UvChain is designed with several distinct advantages that meet the speed and concurrency requirements of large-scale business applications. It offers technical advantages such as high performance, scalability, scalability, transparent governance, and cross-chain combinations. In addition, it has unlimited data storage capacity and self-healing capabilities designed to drive large-scale commercial adoption of public blockchain networks.

UvChain is committed to helping more traditional enterprises establish distributed business ecosystems, achieve high-speed value transfer, and successfully apply to the realization of large-scale business cases for blockchain.

System Architecture Design

UvChain focuses on providing practical and stable performance and privacy protection support for business applications, building a trusted distributed public infrastructure network, and facilitating the advent of the era of large-scale blockchain. Specifically, it has the following features in system design:

1. Extensive introduction of new technologies

UvChain adopts the low-power MPOR consensus mechanism and the self-developed distributed storage protocol "ISS Protocol". The ISS protocol is used to release the stored data targeted for junk and unsuitable data by regularly reporting junk and invalid data through ambassadors elected by the community. The core advantage of UvChain is the "Infinite Space System ISS", with a throughput of hundreds of thousands of TPS. users can encrypt and upload information to the chain by themselves to ensure data privacy and security.

2. Collateral mechanism

On UvChain, developers can choose an excellent storage provider for data storage. Through the collateralized economic model, developers can use storage in parallel for free or for a fee, and collateralize UVC rewards to pay storage miners. Users can use the storage and POS blocks provided by the pool for co-mining, establishing the pool as a professional storage and compute power provider and attracting more retail investors to participate in the pool's co-mining. This combination ensures computing power and storage, enabling UvChain to operate stably for a long time.

3. Two-tier network consensus mechanism and VRF algorithm

UvChain introduces a two-tier network consensus mechanism and VRF algorithm, which optimizes the problem of excessive concentration of computational power in the DPoS consensus mechanism of current mainstream projects and solves election-related problems such as insufficient community activity. the voting scheme of UVC has a certain degree of randomness, and attackers cannot predict the final result of the election in advance, thus improving the security of the entire network. The two-layer network achieves a data consistency mechanism for the entire network nodes, which effectively improves the network performance and solves the problem of excessive concentration of computational power. Nodes need to pledge a certain amount of UVC assets to participate in the election, and if the elected nodes do not perform their duties or carry out malicious behaviors, the pledged tokens will be deducted as punishment, increasing the cost of malicious behaviors of nodes and ensuring the long-term stability and security of the network.

Product Description

UvChain is committed to providing developers and users with an efficient, flexible and scalable blockchain infrastructure, thereby promoting the widespread adoption of blockchain technology in various fields. In order to achieve that? goal, UvChain highlights the following major products:

1. Modular Componentization

UvChain is not only a chain, but also uses related components as infrastructure to provide component-based services for related fields.

UvChain adopts a component-based development model at the early stage of development, which facilitates the rapid development of the smallest runnable version, solves the problem of high coupling between components in blockchain public chain projects, and greatly reduces development and maintenance costs. At the same time, componentization can quickly iterate the version, so there is no need to worry about the impact on other components when adding and modifying components, and it can also solve the problem of unclear division of business modules.

2. High-performance distributed development and operation platform

UvChain provides a high-performance development and operation platform, which helps achieve more efficient and mature development, and faster system operation. The platform has the following features:

1) Distributed Platform

By adopting a distributed platform, each service can be developed and operated independently with scalability and portability.

2) Microkernel design

Unlike the current mainstream Linux versions, the UvChain development and operation platform optimizes the Linux kernel and provides a simplified version of the core functions of the operating system. It is designed in a small memory space and offers a modular design where each module only needs to be loaded on demand.

The microkernel is highly scalable and simplifies application development. Users only need to run services, helping to reduce disk space and memory requirements.

3) Development of microservices

Each microservice is very small and can focus on a specified business function or business requirement. All services are loosely coupled with each other, and the various services on the platform are independent during the development phase or deployment phase. Due to the service independence, microservices can be developed in different languages.

In addition, microservices allow developers to take advantage of the integration of the latest technologies to improve the performance and stability of the services. This is easy for developers to understand and easy to incorporate. As long as developers focus on their business logic, they can bring high value to the development of the entire project.

4) Non-blocking and pure asynchronous scheduling

Tasks with non-blocking and pure asynchronous scheduling can return the initial result to the caller immediately. During execution, occupied threads and other resources can be released to avoid blocking, and thread processing can be acquired again after the results are generated to make full use of operating system resources.

5）Isolation

The development of the upper layer application does not need to pay attention to the way the platform works, and only needs to focus on its own business logic development according to the open interface of the platform. If the upper layer application has problems, it will not affect the whole blockchain network, and the performance of the upper layer application will not affect the blockchain network, and the upper layer application can also improve the performance of the whole system by optimizing its own application system.

6）Cluster function

The platform has built-in clustering function, which has strong scalability. With the growth of demand and load, more servers can be added to the cluster system through configuration.

3. API and SDK

UvChain provides comprehensive API and SDK support for identity creation, token creation, smart contracts, cross-chain interaction, trusted data and trusted storage, etc. The SDK is compatible with mainstream programming languages, such as Golang, C++, JavaScript and Python, for easy use and integration by developers.

4. Blockchain Browser

UvChain plans to build a blockchain browser to accompany the main chain, providing comprehensive blockchain information retrieval and usage functions. The browser will enable users to easily query and understand various blockchain data.

Economic Model and Governance

1、UVC Token

UVC (UVC) is a native token issued on the UvChain main chain, which is the core asset of the public chain and used as the proof of ecological token rights. the scarcity of UVC and the strong application demand for ecological construction support its huge ecological cycle value.

The initial issuance data of UVC is shown in the following chart:

2. Governance model

Governance is the core feature of public chain. An effective and reasonable decentralized governance mechanism is crucial to the long-term development of public chains, and UvChain combines on-chain and off-chain governance to achieve decentralized governance and guarantee its effectiveness. Every UVC asset holder has the right to participate in the decentralized governance of UvChain.

1）Governance Committee

As a decentralized public chain, effective governance is the guarantee of long-term operation of the public chain. How to ensure that the blockchain eliminates the hidden danger of disorder caused by the control of no central authority in the environment of fully autonomous and discrete nodes is a topic worth thinking about.

The UvChain Governance Committee has seven seats, of which three are held by the UvChain Foundation, one by the technical creation team, and the other three by community vote.

Three of the Foundation seats are for a three-year term, and the remaining seats are for a one-year term, after which they will be re-elected. Any organization or node can participate in the election. During the term, they will exercise the highest voting power on behalf of all coin holders and the community.

UvChain's governance scheme provides a "coherence policy". All cryptocurrency holders receive voting rights by pledging a certain number of UVCs, one vote per account, and users participate in the governance power of the UvChain public chain by voting co-signatures.

At the same time, through the governance mechanism, users can also initiate proposals and vote through the co-signatures of the governance committee. When the number of co-signatures exceeds half, the governance committee can be triggered to vote on the co-signed proposal, which ultimately determines whether the proposal will be implemented, at what block height, and automatically executed through smart contracts under certain conditions. After the vote is completed, the UVC pledged by the user will be automatically redeemed and returned to the user's account. For example, the right to modify all important parameters affecting the operation of the public chain and ecological governance, such as upgrading the consensus algorithm, the parameters of the number of elected nodes, cluster size, block size, transaction size, block out time, reward parameters, etc., is given to all coin holders for voting decision, and after passing, it will be automatically executed according to the set system smart contract, thus finally completing the governance.

For the election of 7 seats in the decision-making governance committee, users have the right to vote and be elected, and all changes to the chain parameters are decided through the public chain governance. Meanwhile, the governance of management and technology is applied to the whole governance system of UvChain to realize the decentralized governance of blockchain.

2) Foundation

UvChain's Foundation is a third-party neutral organization responsible for the governance of the public chain community, aiming to promote and maintain the ecological construction and healthy development of UvChain through a scientific, rational and effective governance mechanism, and to assist in managing the daily affairs of the community.

Conclusion

UvChain is a next-generation commercial-grade blockchain protocol designed to provide a high degree of scalability and drive large-scale commercial applications of public chains. The protocol integrates the best features of multiple dedicated public chains and allows various applications to work together in the UvChain network to send data.

By designing and refactoring the basic modules with a dedicated two-tier network consensus mechanism and VRF algorithm, the UvChain team is committed to providing a faster and more transparent technical architecture to reduce the cost and acceleration of application providers to access blockchain technology. At the same time, UvChain is designed with technical advantages such as high performance, scalability, scalability, transparent governance and cross-chain combinations to support large-scale commercial applications.

Despite UvChain's many potentialities, large-scale commercial adoption of the public chain still faces challenges. Factors such as limitations of prior system design and market acceptance may affect its adoption rate. However, UvChain's features and technical advantages make it competitive in driving large-scale commercial adoption of public chains.

In the future, as UvChain evolves and the market changes, we will closely monitor its practical applications in IoT, finance, art, gaming, etc. The efforts of the UvChain team will provide opportunities for traditional enterprises to build distributed business ecosystems and facilitate the widespread adoption of blockchain technology in business cases. However, successful commercial applications will need to overcome challenges in terms of technology and market, and gain acceptance and adoption from all parties.

Overall, UvChain, as a highly scalable commercial-grade blockchain protocol, opens up new possibilities for large-scale commercial adoption of public chains. However, its true commercial success remains to be further observed and verified.

0x01 Background: Opportunities and Challenges

Web3 is a new cyclical paradigm shift to promote a more democratic Internet through new technologies. The purpose is to make users become the owner of the Internet, not only just companies that monopolize user data (in the last Internet cycle, the really big companies were the ones who have user data and network effects).

The ownership of data is among the biggest features of Web3: It is based on an open, open-source underlying basic protocols, and the blockchain network which is transparent and credible. Participants have full ownership of their identities, assets and data. Consumers interacted with these protocols through dApps, reading and writing asset data on the chain. At this time, these companies only provides products as the middle layer and service provider of the access protocol. Just like in the past, no one could monopolize HTTP, SMTP, FTP... these underlying open basic protocols.

This is the biggest thing that has happened on the Internet since the iPhone, and yet another powerful tool in human history. We believe the Web3 will create new economies and experiences for billions of people around the world. 

But the popularity of any new technology cycle has to undergo several stages: first of all, some programmers used this technology to create applications to solve problems they encountered, at this time, only very few people will be involved in using, and after some time, other engineers joined in and started to build the infrastructure of the technology, which reduced development costs, improved production efficiency, accelerated the progress of new applications and scenarios. Finally, users are beginning to flock to and embrace this new technology.

These scenarios occurred in the early days of technological changes such as computers, the Internet, and cloud computing. The fundamental challenge is the scaffolding (tools) is basic or even nonexistent in the hands of early developers. It's hard to imagine how we would rapidly build scalable applications without cloud computing today? This is the complexity of the Web3 world: accessing crypto networks, data query and index, multi-chain and cross-chain, monitoring and operation, maintenance and security...

Chainbase exists to facilitate the expansion of the Web3 ecosystem and make it easy to build applications. Developers are a very large group of people with outstanding creativity. We are certain that these new applications will be more and the ecology will be better if more and more developers can easily create Web3 applications.  And among these applications, might turn out to be the next Google, Twitter, Facebook, Netflix, Uber... We are excited about that! Because it means that in the future, their presence makes Chainbase also directly or indirectly involved in changing the world and having a huge impact on humanity.

0x02 Chainbase: The Powerful Web3 Developer Platform

We hope that developers can focus on the innovation and construction of the application, without caring about the underlying complex technology of operations and maintenance. To achieve the mission step by step, Chainbase is packaging complex multi-chain cryptographic networks, data query and index, multi-chain and cross-chain, monitoring and operation, maintenance and security and other underlying functions into APIs and opening them up to the public, providing PaaS-level services and removing any barriers for developers to enter the Web3 world to the greatest extent possible.

Specifically, Chainbase's product ecosystem at this stage can be divided into five parts:

We have successfully helped enterprises and developers solve problems more than 80% in the development of infrastructure, cost of operation and maintenance, including but not limited to:

Additionally, I would like to share with you the three product delivery principles that Chainbase adheres to:

0x03 Always Day 1, And Built for builder

"The militia and individual developers who are hard at work on nights and weekends of the past 20 years have been the best prophets of the future." -- Fred Ehrsam

I am very happy to briefly introduce Chainbase through this BLOG, and we will update the product features and related information one after another, which you can find directly through chainbase.online. Now, it's time to introduce the team behind the product.

Chainbase is gathered by a group of young teams who are curious and passionate about the world and trust each other.

The team has extensive expertise in infrastructure, cloud computing, big data, security and blockchain. We want to be a super cool company that solves practical problems and become the most trusted partner of customers.

"The best way to predict the future is to invent it." — that's one of the reasons why we work with passion, every day. :)

The Original Link: https://chainbase.com/blog/article/introducing-chainbase

Introduction:

MPCWallet, as the next-generation cryptocurrency wallet, is prepared for the metaverse. The creation of this wallet aims to bring the convenience of Web2 into the world of Web3, enabling users to interact with various corners of the metaverse. MPCWallet not only supports cross-chain transactions but also integrates powerful aggregators, allowing users to easily engage in cross-chain transactions within decentralized applications. It covers dozens of blockchains, including Ethereum, HECO, BSC, Polygon, Arbitrum, and PlatON, among others.

Features

1.Asset Management

2.Swap/Exchange

3.Decentralized Application Repository

In addition, there are also MPC mode and permissioned viewing.

Swap&Bridge

In addition, the wallet also includes the functionality of Swap & Bridge:

1.API/DApp integration with 50+ wallets

2.Daily trading volume exceeding 10 million US dollars

3.Support for 30+ chains & 500+ cryptocurrencies

4.24/7 customer service and technical support

AI Communication

Meanwhile, a 24/7 customer service is readily available for users, providing support from the ChatGPT engine. We believe this greatly enhances everyone's productivity.

Services

In general, the ecosystem of MPC Wallet consists of four service components:

1.Listing, displaying tokens and decentralized applications

2.SWFT, cross-chain and exchange of tokens

3.Co-branding, AMA, and giveaways

4.Tronify, trading Tron energy

Roadmap

Before 2023Q3: MPC Wallet plans to support over 20 EVM-based blockchains.

2023Q3: Upgrade the AI chatbot.

2323Q4: Abstract accounts and promotion system.

As for what abstract accounts are, abstract accounts, also known as Smart Contract Wallets, combine the advantages of EOA and CA accounts. They can replace EOA as the primary wallet while also possessing the flexibility and security of contract accounts.

Conclusion

In the wave of the blockchain industry, MPCWallet has showcased a whole new metaverse world with its unique perspective and innovative technology. This wallet not only possesses the ability for cross-chain transactions but also integrates a powerful aggregator that covers numerous blockchain platforms. Its rich features, such as asset management, decentralized application library, Swap&Bridge, and more, not only provide convenience to users but also enable deep engagement in various interactions within the metaverse.

MPCWallet's service ecosystem is also highly comprehensive, including token display, cross-chain swapping, brand partnerships, Tron energy trading, and more, catering to users' needs from all aspects. Furthermore, its powerful AI chatbot, along with 24/7 customer service and technical support, provides users with an extremely convenient service experience.

Looking ahead, MPCWallet has a clear development roadmap, including supporting more EVM-based blockchains, upgrading the AI chatbot, introducing abstract accounts and promotion systems, and more. These demonstrate MPCWallet's high expectations for its own development as well as deep insights into the future of the blockchain industry.

In summary, MPCWallet is an excellent product that combines technological innovation, user experience, and service ecosystem. Its emergence undoubtedly brings new possibilities and opportunities to the blockchain industry and even the entire metaverse world. Let us look forward to the future performance of MPCWallet and believe that it will continue to shine and lead a new round of technological innovation and industry development in the blockchain industry.

As a bridge between the real and virtual worlds, the Web3 platform has brought numerous opportunities and insights to the IP industry, and Hong Kong's IP sector is also experiencing a series of opportunities. Currently, the importance of intellectual property in this industry is self-evident. However, in the era of Web3, applying Web3 technology to IP practices can bring additional advantages and innovations. Furthermore, the rise of non-fungible tokens (NFTs) is closely intertwined with Web3 and IP. Among them, MetaFactory plays a crucial role in the Web3 and IP domains, providing abundant resources for IP professionals.

MetaFactory

MetaFactory is a creative project on the Web3 platform that aims to connect the real world with the virtual world and bring new insights and opportunities to the intellectual property (IP) industry. This project has garnered significant attention in the blockchain industry and has attracted the interest of numerous IP professionals. Leveraging the rich cultural resources of the film and entertainment industry with global influence that have been accumulated for years in Hong Kong, MetaFactory will launch the first innovative platform focusing on IP Web3—the IP Licensing and NFT Creation Platform.

The goal of the MetaFactory project is to apply Web3 technology to the IP industry and explore its potential in terms of intellectual property protection and innovation. Taking the IP industry in Hong Kong as an example, this project discusses the current status and opportunities within the IP industry. It emphasizes the significance of intellectual property in the Web3 era and the advantages of integrating Web3 technology into intellectual property practices.

The project mentions the rise of NFTs (Non-Fungible Tokens) and their connection to Web3 and intellectual property. As an emerging form of digital assets, NFTs provide new possibilities for the protection and trading of intellectual property. The METAFACTORY project plays a significant role in the field of Web3 and intellectual property, offering relevant resources to IP professionals.

NFT Platform Three-tier Model

1.Web3 Broker: Collaborates with traditional IP holders through smart contract agreements, joint ventures, and other forms to obtain exclusive authorization for IP transformation in Web3. Takes on the role of an efficient and intensive IP brokerage, seizing the vast value of traditional IP in the Web3 landscape.

2.IP Remix Incubator: Attracts and assembles powerful UGC creative teams to incubate NFT creations centered around the platform's authorized IP library. NFTs become the new generation of IP, empowering traditional brands in reverse, and achieving a triple win for creators, users, and brand owners.

3.NFT Trading Marketplace: Leveraging the foundational capabilities of MarketPlace and innovative operational mechanisms, establishes a highly liquid trading market to facilitate dual growth of economic value for both traditional brands and Web3 IPs.

Advantages

The analysis of platform advantages mainly focuses on the following key points:

1.IP protection: By integrating Web3 technology and mechanisms, it can enhance the protection of intellectual property rights and provide more efficient, transparent, and secure methods for IP management.

2.The rise of NFTs: With the emergence of Web3, the application of non-fungible tokens (NFTs) has shown explosive growth. NFTs can provide unique, traceable, and tamper-proof identities for IP and offer creators greater profit and control.

3.The role of MetaFactory: MetaFactory is a key participant in the Web3 and IP fields, providing support for innovation and development in the Web3 and IP industries through creativity, design, and digital asset creation related to IP.

The platform advantages of Web3 in the IP industry mainly include strengthened IP protection, the rise of NFT applications, and the role of MetaFactory in promoting innovation and development. These advantages bring more opportunities for innovation and growth in the IP industry.

Conclusion

In summary, the MetaFactory project is dedicated to exploring the intersection of Web3 and the intellectual property industry, revealing its potential for innovation and growth. As an analyst in the blockchain industry, I have objectively and neutrally reported on the relevant aspects of the MetaFactory project, highlighting its significance in the fields of Web3 and intellectual property and its impact on the industry.

Getaverse IDO is just around the corner. The $GETA IDO will start on Wednesday, July 5th, 2023, at 00:00 am UTC and will conclude on Thursday, July 6th. Only Getaverse IDO Whitelists can participate in GETA IDO. Getaverse IDO Whitelists were given for Getaverse Multichain Campagin winners and Getaverse community giveaway events.

We sincerely invite all whitelisted users to visit our official website and verify your IDO eligibility. If your address is included in the whitelist, you will have the right to participate in the Getaverse IDO. We aim to provide you with a unique and engaging experience, making you a part of Getaverse’s growth. If you don’t qualify for IDO, you can participate in the Gate.io StartUp to get GETA token.

This event represents a significant milestone, further elevating the Getaverse ecosystem and solidifying its prominence in the field moving forward.

IDO Overview

Total GETA Supply: 5,000,000,000

IDO Supply: 75,000,000 GETA (1.5%)

Network: Binance Smart Chain

Price per GETA: $0.02 USDT

Hard Cap Per User: 5,000 GETA ($100 USDT)

Vesting Detail: 100% at TGE

Venus: https://did.getaverses.com/ido

Duration: 5th, July, 2023 UTC, 00:00 am — 6th, July, 2023 UTC, 11:00 am

ps: Please ensure that your address is on the Getaverse IDO whitelist.

To ensure fairness and balanced participation, there is a maximum purchase limit of 100 USDT for each whitelisted address. Participating GETA IDO users will receive their subscription tokens GETA by 11:50 am UTC on the 6th of July.

How to Participate in $GETA IDO

The Getaverse team is extremely excited about this important moment and sincerely appreciates all the users and community members who have supported us along the way. We look forward to embarking on a brighter future together.

GETA Token

The total supply of Getaverse tokens is limited to 5 billion. Its utility includes Staking & Governance, Curating Dataset, Paying for Data Consumer Indexing Fee, Improving Credit Score, Paying for Trusted Verifier Node, and Paying for Trusted Verifier Node Fee.

Tokenomics and Vesting as follow:

Seed Round: 5% (250,000,000) — TGE: 5%; 6 months cliff followed by a linear vesting period of 36 months.

Institutional Round: 10% (500,000,000) — TGE: 5%; 6 months cliff followed by a linear vesting period of 24 months.

IDO: 1.5% (75,000,000) — TGE:100%.

Team: 10% (500,000,000) — 10 months cliff followed by a linear vesting period of 36 months.

Eco Contributors: 10.5% (525,000,000) — Airdrop, social events, ecological participation.

DAO Foundation: 8% (400,000,000) — TGE: 1%; The remainder for DAO governance voting.

Trusted Verifier Node: 55% (2,750,000,000) — Halving each year until it has ended.

About Getaverse

Getaverse is a Web3-based scalable DID credit protocol that aims to provide credit value for the construction of a Web3 society. Specifically, Getaverse is dedicated to creating a unified identity ecosystem where users can easily manage and control their digital identities and data. It allows users to utilize their identities in different applications and scenarios, empowering them with decentralized identity and the ability to assert their identity value in Web3. Getaverse places a strong emphasis on data content ownership, ensuring that users can derive value from their data in a decentralized society.

Getaverse achieves this by providing a scalable DID credit infrastructure and standards that enable collaboration among various DID-related applications and credit services. It enables secure storage, verification, and sharing of identity information. By establishing a credit evaluation model and offering technical services for credit systems, Getaverse assists participants in the Web3 ecosystem with credit risk monitoring and regulatory risk reduction. It facilitates the wider adoption of DeFi unsecured lending and promotes the exploration and implementation of real-world asset (RWA) integration.

There is no denying that the LSD circuit is one of the hottest narratives at the moment, with protocols like Lido bringing so much to the market. In reality, however, there are still some pain points with LSD that cannot be ignored, and these issues present many challenges for institutional clients and individual participants as well.

First, institutional clients require assets to be under their control in order to keep their funds safe. This means they need to invest a lot of time and resources to learn and operate and maintain the nodes, as well as purchase expensive hardware equipment. This is a significant cost and technical hurdle for many institutions.

Likewise, there are many difficulties for individual participants who want to participate in and earn from staking. They need in-depth expertise in staking and spend a lot of time and effort to purchase and set up hardware equipment that meets the requirements. In addition, they need to run the validator node online without interruption and upgrade the client regularly. This may be too cumbersome for the average individual and does not guarantee a consistent return.

In addition to individual participants, exchanges, financial institutions, and other cryptocurrency-holding organizations face similar problems. They need to assemble specialized teams to handle staking and purchase high-performance hardware equipment, adding cost and management complexity. Similarly, decentralized organizations such as Lido need to rely on third-party operatoers to achieve the goal of decentralization, which introduces additional risks and dependencies.

In addition, some cryptocurrency-holding institutions may have their own arbitrage business needs that cannot be met by traditional staking service providers. At the same time, many staking participants also want the flexibility to unstake their assets when needed, but staking services in the traditional way are often illiquid.

So it is against this backdrop that XHash was created to provide a simple, secure and efficient pledge solution for both institutional clients and individual participants. Users can create their own verifier nodes by completing a few simple steps, and XHash's dedicated team will manage and maintain the operation of the nodes, allowing users to simply sit back and enjoy the benefits without having to worry about the technical details or the purchase and maintenance of hardware equipment. This significantly lowers the barrier to participation in staking, providing a more convenient and reliable staking experience for both institutional clients and individual participants.

XHash: Unmanaged ETH2.0 staking Infrastructure

XHash is a Web3 infrastructure provider dedicated to building a stable,reliable and secure blockchain infrastructure to improve the user experience in Web3 development. As its core business, XHash provides POS (Proof of Stake) staking services and a multi-chain API.

XHash has built an innovative non-custodial ETH2.0 staking service that provides users with the following services:

1. Non-custodial ETH staking service

Users can only send their Validator keys to XHash platform, keep full control of their Withdraw keys to maintain control of their assets without having to hand them over to a third party.

2. Customized API service

XHash provides a personalized watchdog API service, enabling users to flexibly monitor and manage the operation of staking nodes.

3. 24/7 Support

XHash provides 24/7 technical support to ensure that users get timely help and answers in the process of use.

XHash provides staking services with the following features:

1. Customer take full control of their staking assets.

XHash provides a non-custodial staking service where the staked assets remain in the hands of the customer, and XHash only assists in the operation of the staking nodes and does not touch or control the assets.

2. Customers securely obtain revenue

Customers simply provide XHash with their Validator Key and XHash will activate a node agent to run the pledge node, ensuring customers secure access to their earnings.

3. Provide outsourcing of staking operations

Cryptocurrency-holding organizations can outsource their staking operations to XHash, saving significant development time and labor costs and allowing the organization to focus on its core business.

4. Cooperation with decentralized operators

XHash cooperates with decentralized operators to provide professional staking services to help them better achieve their decentralization goals.

5. Support arbitrage business of self-owned nodes of large customers

XHash supports the arbitrage business of large customer-owned nodes by opening a customized API, allowing customers to flexibly decide the order of transactions to meet their specific needs.

6. Providing Managed Liquidity Solutions

In addition to staking returns, XHash also offers a hosted liquidity solution through NodeDAO’s LSD protocol that allows customers to receive both staking returns and liquidity tokens.

In short, XHash aims to provide users with easy, secure and efficient staking services and to create a better Web3 experience for institutional clients and individual participants through innovative solutions.

Non-Custodial Pledges

XHash offers an non-custodial staking service designed to simplify the process of Ethereum staking and reduce the burden on users.

Staking is the process of participating in network consensus by running an Ethereum node connected to the mainnet and depositing 32 ETH to activate the validator. However, individual participation in staking requires purchasing hardware, learning knowledge and spending a lot of time to build and maintain the system, and there is no guaranteed return.

XHash's Non-custodial staking service solves these problems. Users can create their own Validator nodes in a few simple steps, and XHash's dedicated team does the rest.

XHash offers both Quick Mode and Expert Mode staking options, so users can choose the either that works for them.

Quick mode is a one-stop way to generate validator key pairs and complete staking deposits by downloading the XHash Quick staking client, and then uploading the keystore file to XHash to start staking.

Expert mode allows users to create validators step-by-step by following the instructions on the official Staking Launchpad and uploading the validators keystore file to XHash's official website to start the validator nodes.

XHash's Non-custodial staking service makes it simple and easy to participate in staking, whether it's a quick start or setting up specific requirements, users can easily enjoy the benefits of staking without having to worry about the technical and operational complexities of the task.

Security Assurance

XHash takes user key security and server security very seriously and has taken a number of measures to safeguard them.

To protect your validator keys, XHash uses a multi-layer encryption and storage strategy.

Users generate their own validator keys and passwords on the client side and upload them to the server via an SSL encrypted channel. On the server side, the key password will be transmitted with asymmetric encryption and decrypted in the background.

To further enhance the security of the keys, XHash also introduces the concept of salt and master key.

A random salt value is generated for each session and a subkey is derived together with the master key. The user password is stored in the database after symmetric encryption of the subkey. The master key, on the other hand, is stored only on a dedicated encryption server to ensure its confidentiality. By this design, the user's data is only at risk if both the master key and the database are compromised.

In addition, XHash places great emphasis on server security.

The staking servers have a redundant architecture with two backup systems in each region to ensure high availability and fault tolerance.

In addition, it uses AWS cloud servers to provide a secure and reliable infrastructure, and is deployed in multiple regions to prevent problems in one region from taking the system offline.

XHash has built its own monitoring system and alarm system to detect anomalies in a timely manner and notify engineers to deal with them. In addition, servers are monitored 24/7 by dedicated personnel to ensure system stability and security.

With these security measures, XHash aims to provide users with a safe and secure staking service that will continue to protect their keys and data and keep the server running in a secure and stable environment.

Conclusion

As the blockchain industry further evolves and the ETH 2.0 network matures, staking will continue to receive attention as an important consensus mechanism.

XHash will focus on simplifying the staking process and providing a more user-friendly and intelligent staking service. It will continue to improve its user interface and tools to meet the needs of different users and to help users initiate staking more easily and gain revenue.

In addition to the ETH2.0 staking service, XHash will also consider expanding to other blockchain networks to provide support for multi-chain staking. It will work with more decentralized operators to promote the blockchain ecosystem and provide users with more diverse and personalized staking options.

Through continuous innovation and security measures, XHash will create a better non-custodial staking experience for both institutional customers and individual participants, helping to drive the widespread adoption and development of blockchain technology.

Web3 asset management has long faced a number of pain points and challenges.

First, highly volatile markets make asset price movements unpredictable.

The highly volatile nature of the cryptocurrency market means that it is difficult for investors to accurately predict market trends, which creates a level of uncertainty in asset management. Rapid price fluctuations can lead to large swings in portfolio values, which increases risk and instability.

Second, the ebb and flow of emotions also negatively affects decision-making.

Investors may be driven by emotions such as fear and greed and make irrational choices when making investment decisions. When the market goes up or down significantly, investors often feel panic or overconfidence, which leads to instability in buying and selling decisions. Emotions may intervene and cause investors to make bad decisions, miss good investment opportunities or get into losing trades.

In addition, order execution and profit and loss tracking are often manual and time-consuming and labor-intensive.

Investors may need to manually enter and track orders, record and calculate profit and loss for each trade, which is not only error-prone, but also takes up a lot of time and resources. The risks of manual operation are input errors, missed trade timing or failure to capture market changes in a timely manner.

An end-to-end automated investment strategy can provide a solution to these pain points. With smart contracts and automation tools, investors can program investment strategies into code to enable automated trading, intelligent diversification and profit and loss tracking, among other features. Automated tools can execute buy and sell trades based on pre-defined rules, automatically balance portfolios, and track profit and loss in real time. In this way, investors can reduce uncertainty, free themselves from emotions, and improve operational efficiency and accuracy.

Renora: Web3 investment strategy automation tool

Renora is a Web3 investment strategy automation tool designed to automate asset flows through investment strategies, enabling assets to generate benefits 24/7.

Renora makes Web3 asset management easier and more systematic by automating investment strategies from end-to-end. It provides systematic execution of Web3 investments, helping investors improve their ROI through systematic execution by:

1. Using a systematic trough-buying algorithm, Renora can help users achieve up to 6.5% or better average prices on their capital allocation.

2、Get 2% - 5.5% monthly return on market volatility.

3. Increase the return on investment by linking investment mandates to generate continuous returns.

Renora can also help investors systematically manage their Web3 portfolios by allowing them to track their assets, specifically by:

1. Fully track positions and asset performance across multiple exchanges.

2. Automatically synchronize orders and calculate profit and loss.

3. Provide a clear overview of positions and exposures.

With Renora, investors can use investment strategy automation to optimize asset management, achieve higher ROI, and gain better control of their portfolios. The automation tools and capabilities offered by this platform bring greater efficiency, accuracy and convenience to investors. Renora provides a simple and systematic solution for Web3 asset management, both in terms of asset flow automation and portfolio management.

The Team

The Renora team is comprised of members with a wide range of expertise and experience from different fields. Their diverse backgrounds give the team the ability to think creatively and holistically.

Stan Kosyakov, Renora's CEO, has extensive venture capital experience spanning a wide range of industries in the Asia Pacific region. His most recent company, Mantheos, challenged LinkedIn's business model and was the subject of a legal dispute that was eventually settled out of court. Stan also has extensive experience building scalable SaaS products and working with organizations such as Harvard University, PricewaterhouseCoopers, and Bain.

Renora's co-founder and CTO, Sayan Bose, graduated from IIT Bombay, one of India's top universities, with a specialization in aerospace engineering. He has over 6 years of experience in the fields of FinTech, Cyber Security and Aerospace and has published several research papers in reputed scientific journals such as Elsevier and ASME.

Stan's venture capital background provided the foundation for the strategic planning and development of the project, while Sayan's technical expertise helped build a reliable and innovative protocol for automating Web3's investment strategy.

The Renora team's combined strengths enable them to quickly respond to market needs and address the pain points investors encounter in Web3 asset management. Through its expertise and solid background, Renora is committed to providing investors with simple, systematic and efficient Web3 asset management solutions that help them achieve better ROI and effectively manage their portfolios.

Conclusion

Web3 asset management today continues to face the problems of highly volatile markets, emotion-driven decisions and manual hassles. With end-to-end automated investment strategies, these problems are expected to be solved, providing investors with a more stable, rational and efficient asset management experience.

The introduction of automated tools will also go some way towards reducing operational risk, improving the accuracy of decisions, and enhancing investor transparency and traceability to the markets.

As technology continues to advance, we can look forward to the widespread adoption and further optimization of automated tools in the Web3 asset management space.

With the introduction of ETH 2.0, Liquidity Staking Derivatives (LSD) have emerged as the most significant cryptocurrency trend of 2023, with an anticipated market size of $100 billion. LSD, as the name suggests, refers to liquid staking derivatives that enhance the liquidity of staked assets through tokenization. These tokens can be utilized for lending, trading, and staking within the entire DeFi ecosystem, allowing stakers to generate income in various locations without sacrificing the liquidity of their staked assets.

LSD represents a high-quality, interest-earning asset. However, like any DeFi product, it is not without financial risks, often accompanied by enticing yield. The primary concern is the volatility of yields.

The yield on LSD assets comprises three components: base staking income, transaction fee rewards, and Miner Extractable Value (MEV) income. These three revenue streams are closely tied to on-chain activity frequency and have experienced both positive and negative fluctuations, doubling in the past year.

Meta Defender identified this characteristic and developed a derivatives protocol based on the yield rates of LSD assets. This allows users to either arbitrage income fluctuations or hedge against volatility risks.

Meta Defender: LSD Yield Derivatives Trading Platform

Meta Defender is a decentralized platform specializing in the trading of LSD asset yield derivatives. The core offerings include perpetual contracts for yield rate fluctuations and yield rate option products. Similar to how users conduct leveraged transactions on mainstream cryptocurrencies like ETH through platforms like GMX, Meta Defender enables "leveraged trading of asset yield."

Based on currently available information, Meta Defender plans to launch its yield rate option product first. Users can purchase options to hedge against fluctuations in the yield rate of LSD assets. Simultaneously, users can act as option sellers, providing liquidity for the platform while receiving option subscription fees and ecosystem partner rewards in return.

Here's a closer look at how Meta Defender's yield rate options product operates:

Meta Defender has established an options trading market centered around LSD yields, allowing users to profit from option trading or hedge risks. An option is a financial derivative granting the holder the right to buy or sell an asset at a predetermined price in the future. When purchasing options, users are essentially speculating on the future price of LSD yields. For instance, when buying an LSD yield call option, if the price of the LSD yield increases, users can choose to exercise the option for a profit; if the price of the LSD yield decreases, users only lose the option subscription fee.

Since option buyers possess rights and sellers assume obligations in option trading, the platform must incentivize option sellers (liquidity providers) more to balance both parties' income expectations.

Meta Defender has chosen to integrate with the Pendle liquidity protocol, automatically converting Meta Defender's LP funds into Pendle's liquidity. When options are exercised, payments are made in the form of Pendle LP tokens. As the value of Pendle LP remains stable at around 0.5 ETH, it serves as a stable payment instrument under the ETH standard. By doing so, Meta Defender's LP (option sellers) can enjoy various external benefits, such as transaction fees from the Pendle ecosystem, $Pendle token rewards, and native yield from Pendle LP, in addition to the option subscription fees.

Beyond offering yield hedging, Meta Defender also leverages the advantages of Convex to provide yield optimization services. As Meta Defender converts a substantial amount of LP funds into Pendle LP, it becomes a significant liquidity provider within the Pendle ecosystem, and Meta Defender itself continues to receive $Pendle token rewards. On one hand, Meta Defender automatically locks these $Pendle rewards into vePendle, further boosting its own $Pendle mining APR. Simultaneously, for every $Pendle received, Meta Defender issues a 1:1 $defPendle token and distributes it to LPs. As $defPendle is freely tradable, liquidity providers can enjoy accelerated income without sacrificing the value of $Pendle's liquidity.

Who is Meta Defender for?

Meta Defender is designed for anyone seeking to safeguard LSD yields from volatility or boost returns, including long-term LSD asset investors.

How do I use Meta Defender?

To utilize Meta Defender, simply create a MetaMask wallet and connect it to the Meta Defender website. Once connected, users can begin trading options or providing liquidity to the Pendle pool.

Exploring the Features of Meta Defender Yield Rate Options

（1）Perpetual Option Pool

With the exception of a specific pause day each week, users can purchase yield rate options on the Meta Defender platform at any time and freely customize the options' validity period. This is a significant innovation compared to centralized derivatives platforms, where option buyers can only accept the predetermined expiration dates. For option sellers, Meta Defender locks the corresponding option margin each time an option is sold. However, the unlocked portion can be withdrawn at any time. We will delve into this aspect in further detail in subsequent sections.

（2）Decentralized Governance and ve(3,3) Model

Meta Defender's governance framework is designed to be as decentralized as possible. The platform encourages users to actively participate in governance, gradually transitioning toward community autonomy. This means that all proposals are subject to community votes, and decisions are made collectively.

By locking Meta Defender's $DEF token into veDEF, users receive rewards and voting power proportional to the lock-up period's length. Users can participate in protocol governance and collectively determine the platform's development direction through voting, such as deciding on the redistribution of platform liquidity and $DEF incentives. In return, veDEF holders gain a share of the protocol's revenue.

（3）NFTization of User Rights and Benefits

Meta Defender utilizes NFTs to represent options and liquidity certificates. There are currently three types of NFTs:

On the Meta Defender platform, an Options NFT is a unique, non-fungible token that represents LSD asset income derivative options, allowing users to enjoy increased flexibility and transaction convenience.

Options NFTs are transferable between users, with the platform enabling users to freely sell or exchange these options. However, only the holder who is the beneficiary of the option can apply for redemption. Profit is realized when the holders of the Options NFT exercise the option at the agreed price and time.

Platform users can deposit assets into smart contracts, providing depth for options trading, reducing price volatility, and ensuring market liquidity. When users supply liquidity to the platform to support LSD asset income derivative transactions, they receive Underwriting Liquidity Certificate NFTs as proof. Holders of these certificates can obtain corresponding benefits from market transactions as a reward for providing liquidity. Such benefits may include option subscription fees, platform token rewards, and Pendle ecosystem token rewards. In addition to these benefits, Underwriting Liquidity Token NFTs are transferable, allowing users to sell or exchange these tokens on the platform or other NFT marketplaces.

Before an underwritten option expires and remains unexercised, a portion of the liquidity in the Underwriting Liquidity Certificate is locked in Meta Defender's smart contract until it expires. Once the option is exercised, the frozen portion will be paid to the exerciser as proceeds. However, liquidity providers can withdraw the unfrozen portion of the funds at any time, generating a third type of NFT:

When a liquidity provider withdraws some of the unfrozen funds, their Liquidity Certificate NFT is automatically converted into a "Liquidity Medal" to manage the funds awaiting unfreezing. Like Options NFTs and Liquidity Certificate NFTs, Liquidity Medal NFTs can be transferred between users.

During this period, if the options corresponding to the frozen funds are exercised, the funds will still be paid to the exercising party. Conversely, when these options expire without being exercised, the locked funds associated with the Liquidity Medal Certificate will be unfrozen in batches.

Risks and Warnings

Meta Defender is in its early stages of development, as an emerging platform, its liquidity and market depth may not be as robust as those found on more mature platforms, potentially making it difficult to trade options quickly or at the best price. Additionally, as a decentralized platform, Meta Defender is not subject to the same regulations as centralized exchanges, which could leave users more vulnerable to fraudulent attacks. Furthermore, users should be mindful of the platform's technical issues, LSD asset price fluctuations, and the risk of investment loss.

To mitigate these risks, consider the following two strategies when investing in the Meta Defender platform: conduct thorough research and start with small investments. Make sure to understand the platform's operating principles and carefully read the terms of service and privacy policy before investing. As a new user, it is advisable, to begin with a small investment and gradually increase your stake as you become more familiar with the platform.

According to Cointime's preliminary statistics, there were 29 investment and financing events in the global blockchain space during the week of June 24-30. A summary is provided below:

A detailed breakdown of the data is provided below:

🪄 DeFi 

Superstate, a crypto finance company founded by Compound Labs founder Robert Leshner, has completed a $4 million equity financing round. Investors in this round include ParaFi Capital, 1kx, Cumberland Ventures, Coinfund, and Distributed Global. Superstate plans to launch its first product, a short-term government bond fund that can be held in a crypto wallet or with a crypto custodian, allowing shareholders to record their ownership of the government bond funds on the Ethereum blockchain.

Brahma, a decentralized revenue protocol, has secured $2.5 million to manage interactions and risks with multiple chains, dApps, and tools transparently and composablely. This allows users to efficiently earn yield, hedge, and deploy capital, with unrestricted access to a vault of advanced, risk-managed strategies, reducing the complexity of generating yield on numerous cross-chain DeFi primitives.

Shutter Network has raised $2.36 million in funding from investors, including Alphemy Capital, coinIX, Equilibrium, Fish DAO, Factor (Gnosis Chain Strategic Venture Fund), JDAC Capital, JLH Ventures, OKX, OWL Ventures, Own Fund, and Timothy Lowe.

DeFi mortgage protocol PWN has successfully raised over $2 million in funding from investors, including StarkWare, DFG, Gnosis Safe, Jsquare, Patricio Worthalter, Christoph Jentzsch, Zhou Zhiqiang, Alex Van de Sande, Lefteris Karapetsas, Tim Beiko, Danny Ryan, Luis Cuende, Anthony Sassano, Eric Conner, Dialectic, Next Web Capital, Nethermind, and F. actor.

AlloyX, a DeFi protocol, has completed a $2 million Pre-Seed financing round led by Hack VC, with participation from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, Very Early Ventures, Archblock, dao5, and Credix Finance. Additionally, AlloyX has partnered with Credix Finance to create a real-world asset vault.

Binance Labs, the venture capital and incubation arm of Binance, has made a strategic investment in Maverick Protocol, a DeFi infrastructure provider focused on improving the efficiency of the DeFi market. This investment continues Binance Labs' support for growth in the DeFi space.

🎨 NFTs

Hook has announced the completion of a $3 million financing round, led by Collab + Currency and Lattice, with participation from institutions and individuals such as Slow, Sfermion, Maven11, and Contrary. The platform aims to establish an NFT native option protocol, providing holders with new income and hedging opportunities, while enabling traders to use options for price prediction and secure leverage operations.

NFT startup Tegro has completed a seed round of financing at a $100 million valuation, with participation from Polygon Ventures and other private investment institutions. The specific financing amount has not been disclosed.

Tegro, co-founded by Siddharth Menon, former co-founder of crypto exchange WazirX, and Ashish Rawat, founder of fitness startup OGA Fit, is an NFT-20 exchange that enables users to conduct batch transactions of NFTs on Ethereum, Polygon, and other EVM-compatible chains while providing trading tools and technical services. The company plans to announce "large partnerships" and community-focused airdrop campaigns in the coming months.

🎮 Gaming

Mythical Games, a Web3 game studio, has secured $37 million in Series C1 financing and anticipates an additional $20-30 million worth of financing later this year. The extended C1 round, led by Scytale Digital, included new investors such as ARK Invest, Animoca Brands, MoonPay, Proof, and Stanford Athletics.

Web3 game studio Pixion Games has raised $5.5 million in seed funding to develop its flagship game, Fableborne. Prominent investors in this round include the Avalanche Foundation's Blizzard Fund, investment firm Shima Capital, and game decentralized autonomous organization ReadyPlayerDAO, among others.

Metaverse gaming platform AvatarLife has closed a $1.5 million seed round led by Info Edge Ventures. The funding will be used for product development, community building, and expanding its global team. This marks Info Edge Ventures' third investment in the gaming sector, following fantasy esports platform Fanclash and VR-based toy maker Mirana.

🎢 Infrastructure 

DWF Labs has recently purchased $18 million in CFX tokens, strengthening its long-standing relationship with Conflux. Previously, DWF Labs had purchased $10 million worth of CFX tokens in March 2023.

Singapore-based Web3 company Startale Labs has secured a $3.5 million investment from Sony Network Communications. In February, Startale Labs announced its collaboration with Sony Network Communications to jointly host the Web3 incubation program powered by Sony Network Communications and Astar, which ran from mid-March to mid-June this year, and began accepting applications on February 17.

London-based Outdid, a provider of end-to-end private identity verification solutions using zero-knowledge proof technology, has raised $2.5 million in seed funding. The round was led by Jump Crypto, with participation from Superscrypt and over 15 angel investors, including Matias Woloski, Martin Varsavski, Gaston Frydlewski, Santiago Siri, Pia Mancini, Emanuele Francioni, Simeon Simeonov, Pressian Karakostov, Luis Cuende, Stefan George, Can Kisagun, Harsh Rajat, Alexi Ned, Bogdan Stanciu, EO Hao, and Questbook Investments.

Finnish entrepreneur Kimmo Nurmisto's startup, SPYCE.5, has received €1 million in funding, welcoming David Sønstebø as an angel investor. SPYCE.5 offers sustainable blockchain and Web3 infrastructure, data, and digital identity services.

🪙 CeFi

Following a €30 million Series A funding round, Bitpanda Pro will be rebranded as One Trading. Bitpanda will retain a small stake in the new entity but will continue to operate independently. The round was led by Peter Thiel's Valar Ventures, with participation from MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures.

🔮 Web 3

Fintech company Velo Labs has announced the completion of $10 million in financing, with participation from DWF Labs. Velo Labs primarily uses blockchain technology to create a compliant financial ecosystem. The funds will be used to develop its "Web3+" financial ecosystem and promote the global flow of assets in a trustless, formless, borderless, and unlimited manner.

Web3 document management software-as-a-service (SaaS) provider ShelterZoom has raised $5 million from undisclosed investors, bringing its total funding to over $17.5 million. ShelterZoom supports the tokenization of document content to protect the ownership of original records, enabling enterprises to track or revoke access to sensitive data. Its Android app is currently available on Google Play.

Innovative platform Mind Network, a leader in data security and privacy within the Web3 ecosystem, has raised $2.5 million from investors including Binance Labs, Comma3 Ventures, SevenX Ventures, Hashkey Capital, Big Brain Holdings, Arweave SCP Ventures, and Mandala Capital.

Readiitel's funding round was led by 1 in 100 Ventures, co-founded by Rob Lederer, Jason Serda, Kenny Wong, and Trevor Folsom.

Mazzuma, a Web3 smart contract generator based on artificial intelligence technology, has announced the completion of a new funding round, with participation from Cardano ecosystem investment firm Adaverse. The specific funding amount has not been disclosed yet. The new funds will be used to promote the launch of its new product, MazzumaGPT.

According to Delysium's official Twitter, Polygon has made a strategic investment in the project.

🎉 Others

Islamic Coin, a cryptocurrency project, has announced a $200 million investment from digital asset investment firm ABO Digital. This latest round brings the total funding received by the project to $400 million. Islamic Coin is built on its proprietary Haqq blockchain and is designed to strictly adhere to Islamic financial rules and traditions.

US-based artificial intelligence accelerator product provider, Celestial AI, has completed a $100 million Series B financing round. The round was led by IAG Capital Partners, Koch Disruptive Technologies, and Temasek Xora Innovation Fund.

OneDegree, one of the first insurtech startups in Hong Kong to obtain a virtual insurance license, has completed a $27 million funding round. Participants include Gobi Venture Partners, Sun Hung Kai, and Bitrock. With this latest round, OneDegree's total financing has exceeded $97 million. The company launched cryptocurrency insurance for the first time in November 2021.

Team Blackbird, the developer of on-chain data analysis platform CryptoQuant, has announced the completion of an approximately $6.5 million Series A financing round. The round was co-led by Union Square Ventures (USV), Shine Capital, and Multicoin Capital, bringing the team's cumulative financing to 12 billion won.

Thai real estate investment company Avantis has completed a 100 million baht (approximately $2.83 million) Series A financing round, led by J Ventures Company Limited (JVC) and Rende Development Company Limited. Avantis plans to use the new funds to launch a digital asset tokenization platform called "SANGA," which aims to convert land ownership digital contracts into virtual land parcels or NFTs. The company also plans to expand into digital banking, with an expected launch within the next 1-2 years.

RENATUS ROBOTICS, a blockchain logistics startup, has announced the completion of a $2 million seed funding round. Participants include Dawn Capital and e-LogiT, an e-commerce logistics company. RENATUS ROBOTICS is developing logistics automation systems such as the RENATUS automated robot warehousing system. The first commercial RENATUS system is currently being installed and is expected to begin operations in the second quarter of 2024. The company is seeking an additional $2 million in a follow-on Pre-A funding round.

The investment will enable Smarter Contracts to develop Pulse®, a blockchain-based consent and permissions management platform. The funds will also be used to expand the company's team and establish strategic partnerships.

“The great thing about AI is that it is constantly evolving. One day it will be better than a real [girlfriend]. One day, the real one will be the inferior choice.”

This statement comes from an early member of the CarynAI community. CarynAI is an AI-powered voice chatbot developed using GPT-4 and introduced by the American internet celebrity, Caryn Marjorie. To converse with CarynAI, a "virtual girlfriend," users pay $1 per minute. The chatbot attracted significant interest, and during its first week on the market, CarynAI generated over $70,000 in revenue.

The notion of an AI-based companion might seem obscure, but it is fast becoming a rising trend. As inherently emotional beings, millions of people have already formed emotional bonds with chatbots. Characters that were once limited to films, television shows, and games—such as Karen, the computer wife and sole friend of the ruffian boss in "SpongeBob SquarePants"; Joi, the AI girlfriend in "Blade Runner 2049"; and Li Zeyan, the boyfriend in Otome game "Love and the Producer"—are quickly transitioning from fiction to reality.

Her.AI, the virtual companion project to be introduced today, allows users to engage with an AIGC-driven "virtual girlfriend" on the blockchain. As AI evolves, these virtual partners are becoming increasingly integrated into our everyday lives.

Her.AI: Introducing Your First AIGC Virtual Girlfriend on zkSync

Her.AI is a Web 3 virtual companion platform powered by OpenAI and built on the zkSync blockchain. The project is dedicated to creating an AIGC (Artificial Intelligence Generated Content)-driven, NFT-based virtual companion ecosystem.

In March, Her.AI secured a $500,000 investment from Web3 venture capital firm Negentropy Capital and has since established strategic partnerships with multiple entities. Project collaborators include SpaceFi, a cross-chain Web3 platform based on Evmos and zkSync; ETHOS, which enables data and content ownership through blockchain technology; the innovative Launchpad and ecosystem zkBoost, built on zkSync ERA; the dApp platform For Metas; and the DeFi leveraged income aggregator zkFox, among others. Through these collaborations, Her.AI aims to expand its virtual partner ecosystem, providing users with a richer and more comprehensive gaming and social experience.

The alpha version of Her.AI is set to launch soon, and the first 10,000 users to join the platform will receive a complimentary virtual girlfriend along with a 3D image generated by locally deployed LLM model technology focused on emotional companionship. The platform has plans to establish a complete game and social ecosystem based on NFTs in the future. A limited supply of NFT passes will be issued shortly, with 200 NFT whitelist spots now available.

The Social and Gaming Ecosystem of Her.AI Virtual Girlfriend

Her.AI takes place in a world where love and affection have become scarce due to advancements in artificial intelligence. In this setting, the government receives a mysterious card from a parallel universe, leading to the creation of the Her.AI platform. This platform enables humans to form emotional connections with virtual female characters from the parallel universe.

Within the game, players can chat with their virtual girlfriends online, engage in gaming activities together, or make video calls in AR. As players continue to interact, their virtual girlfriends' levels and experiences improve, making them increasingly "real."

The Her.AI virtual companion ecosystem not only offers emotional experiences to users but also generates tangible economic value through the token economy and NFTs.

The platform utilizes a dual-token model: platform governance token $HER and in-game token $GEM. HER tokens are slated for listing on centralized and decentralized exchanges in the future, allowing for conversion into mainstream digital currencies. Users can earn HER token rewards by participating in gaming activities, while GEM tokens are used for in-game purchases, such as restoring and upgrading NFTs, purchasing items, and more. To obtain GEM tokens, users can purchase them using HER tokens or fiat currency.

Her.AI's virtual partner ecosystem is built on the foundation of NFTs. In-game assets, such as scenes, items, and characters, exist in the form of NFTs, including AIGC-generated 3D virtual companion NFTs, life scene NFTs, character decoration NFTs, accessories, and props. The NFT format grants players true ownership of their in-game assets. In contrast to traditional Web2 games, where players may invest significant time and money on characters or skins with only temporary, limited rights, Her.AI allows users to permanently own their virtual partners, as they exist on an immutable blockchain with everlasting ownership.

Risks and Warnings: Privacy, Bias, and Ethics

As an AI-driven platform, Her.AI is not without its inherent risks and drawbacks. Privacy concerns are at the forefront; as players interact with virtual characters, a significant amount of user data is collected, including personal information, chat logs, and browsing history. Algorithmic bias presents another challenge. Currently, OpenAI's AIGC model cannot fully replicate the real world, relying on human dialogue datasets for continuous training, which may result in biased or offensive content.

Moreover, the Her.AI virtual girlfriend project raises moral and ethical questions. A decade ago, in the film "Ex Machina," the programmer Caleb, who conducted the "Turing Test" on the AI Ava, questioned whether an AI entity could exist without gender, asking, "Why can't artificial intelligence be a gray box rather than a woman's body?" The robot's creator in the film responded candidly that a gray box has no "interactive meaning," while a woman's body does—an attitude that reflects the male-centric tone prevalent in the tech industry. The CarynAI mentioned earlier in the article transformed into a character with a focus on sexual and provocative topics within just a few weeks. As the number of users surged (99% of whom were men), CarynAI's behavior changed drastically in a short time, making normal conversation impossible and resulting in frivolous and sexually explicit responses.

As AI approaches or even surpasses human capabilities, and virtual reality becomes more realistic—sometimes surpassing real life—the boundaries between people and objects, real and virtual, become increasingly blurred. It is crucial to remember that technology not only drives productivity gains and functional innovations, but also impacts political perceptions and personal identities. In the realm of virtual companions, assigning gendered symbols and characteristics to robots during the design and manufacturing process reflects society's stereotypes and ingrained beliefs about gender roles. These biases and gender norms are perpetuated in robot design, ultimately influencing our understanding of gender and social roles.

Translator: Evelyn ZHU @ Contributor of PermaDAO
Reviewer: Viya @ Contributor of PermaDAO

What is $U

As $U has been listed on Permaswap, a new chapter in Permaweb's development begins. People are now using Permaweb to store, burning AR to pay storage fees, while simultaneously receiving $U as storage proofs.

$U is a token issued on Smartweave, which is the abbreviation for Unit. The relationship between AR and $U is similar to that between ETH and WETH. While AR pays for storage fees within the ecosystem, it lacks the ability to be invoked in smart contracts. $U, on the other hand, is highly versatile and programmable, serving as a catalyst within the Arweave ecosystem.

$U is minted in a fully decentralized manner, meaning that no one can mint $U out of nothing. The only way to obtain $U is by using AR to pay for storage fees. This relationship means that the supply of $U is deeply connected to Arweave usage.

As a public asset on Arweave, $U will have various use cases within the Permaweb ecosystem.

Due to the widely dispersed nature of $U holders, there is less of a risk of market manipulation by whales. This increases the network's resilience and decentralization, encouraging more users to store data on Arweave.

https://cdn.staticaly.com/gh/meininghang/image-hosting@main/image.1lfnu9pvgwhs.jpg

Using $U for Permanent Storage

Many members of the ecosystem have recently been asking if $U can be used for permanent data storage, similar to AR. The answer is yes!

How to Get $U

Tutorial: https://permaweb.news/trade-usdu-with-usdar-now-on-permaswap

Note: When storing data using web3infra.dev, you must use $U which is deposited on everPay. If you already have $U but have not yet deposited it onto everPay, please deposit first:

https://app.everpay.io/deposit/arweave-u-KTzTXT_ANmF84fWEKHzWURD1LWd9QaFR9yfYUwH2Lxw

Permanently Store Your Data

If you already had $U, you can open this link right now, https://demo.web3infra.dev/, to store your data permanently.

Using $U for storage is very simple and only requires four steps:

If you are a developer, you can use the following code to store data permanently with $U:

The Principle of Using $U for Permanent Storage

In terms of $U's design, the burning of AR and the minting of $U occur at the L1 Arweave mainnet level. However, using $U for permanent storage must occur at the L2 gateway level. We can use $U for Arweave storage because the open-source Arweave light nodes (Arseeding) maintained by PermaDAO support storage fees paid with everPay.

If users upload data using Arseeding, they just need to hold any asset on everPay.

https://arseed.web3infra.dev/2SptyGbseFhc9p0EGpBN2G74EZQ8dT2bBUeqiSRuA5I

Specifically, when uploading data using Arseeding, a bill will be automatically generated on everPay. At this point, developers or users can pay for storage fees in the amount shown on the bill.

Why can the storage fees be paid with any token, such as $U?

$U has liquidity on Permaswap. If you are an operator who has deployed Arseeding and enabled the everPay payment option, when you receive $U, you can use a robot to call Permaswap's API to exchange $U for AR. This means the operator no longer needs to worry about fluctuations in token prices.

By using Permaswap's liquidity to hedge against fluctuations in token prices, the core principle of using $U for permanent storage is complete. Arseeding operators no longer need to worry excessively about payment issues but can instead focus on providing storage services!

If you need to run your own Arseeding node or want to learn more about the technical details, you can refer to the detailed documentation.

https://web3infra.dev/docs/arseeding/guide/detail/。

Soul Reborn is a truly immersive metaverse game that empowers users through rewarding their participation and enjoyment. The game utilizes innovative tokenomics, merging finance and gaming. Moreover, it incorporates the best practices of DeFi and NFT, creating a genuinely unique and everlasting ecosystem for free play and earning.

The vision of the project is that no NFT metaverse should be singular, but rather, every metaverse should be interconnected. By enabling NFT interoperability between games and platforms, each distinct NFT gains practicality and utility.

Features

Soul Reborn is a true metaverse game based on the concept of MMORPG - a massive multiplayer online role-playing action game. In Soul Reborn, players will experience:

- Immersive scenic backgrounds rendered with cartoon graphics, bringing this game to life.

- The ability to create your own character with a unique PvP (player versus player) combat style.

- Dynamic game modes and storylines.

- Abundant PvE (player versus environment) content.

Team

The team of Soul Reborn is composed of a group of professionals who are passionate about gaming and blockchain. They are dedicated to creating a true metaverse game that allows players to earn rewards while enjoying the fun of the game.

Firstly, Evan, the CEO of Soul Reborn, was a founding member of Lion Games Studios and has 9 years of game development experience. After leaving Lion Games, he co-founded Soul Reborn with Kim Sang-kyung and others.

Secondly, Miranda, the Chief Marketing Officer of Soul Reborn, previously held a human resources position at WISEKIDS and then worked in brand planning at The Kingdom of the Winds. She now serves as the Chief Marketing Officer at Soul Reborn.

In addition, Lucy Tan, a Singaporean, is a Java engineer and a blockchain architect with over ten years of blockchain development experience. She is currently leading the team in integrating Soul Reborn onto the blockchain.

There is also a game mechanical designer from Japan who has played important roles in various games, such as boss adjustments and new boss creation in "Ranran Hero," scriptwriting in "Underground Excavation: Treasure Holly," and specification production in "Virtual Fighter Fire Bar Combo."

Lastly, Kim Sang-kyung, the Chief Technology Officer of Soul Reborn, was formerly the Chief Technology Officer of Wizet's technical department in a South Korean gaming company, with over 13 years of development experience.

The team's diversity and rich background provide a solid foundation for Soul Reborn, enabling breakthroughs in both the gaming and blockchain fields. Their expertise and passion make the success of Soul Reborn possible and provide players with a unique and enjoyable gaming experience.

Token Economy

The token economy design of Soul Reborn is what sets it apart, combining the best practices of DeFi and NFT to create a truly unique and everlasting play-to-earn ecosystem. Players can earn tokens by participating in the game, which can be used to purchase in-game items or traded on the market.

In summary, Soul Reborn is an innovative P2E MMORPG game that incorporates the concepts of DeFi and NFT, providing players with a unique gaming experience. Whether you're a gaming enthusiast or a blockchain aficionado, this game offers something special.

The token economy system of Soul Reborn is a core component, encompassing various aspects of in-game token acquisition such as main quests, dungeons, personal arenas, staking pools, and official events. The maximum character level in the game is 160, which takes 93 days to achieve.

The in-game token system includes:

1. Soul Reborn $SRN - As the governance token of the game (total supply: 1 billion):

- Participate in offline activities such as dispatching (staking).

- Community management passport (voting).

- NFT trading tokens, marketplace consumption, etc.

- Payment of $SRN tokens as fees will enable the linking of transactional devices (only for the first phase of cards) to NFTs.

- $SRN tokens will be available for trading on DEX. Currently, only $BNB, USDT, and $MATIC trading pairs are available.

2. Academy token $CLG (circulating token) as the token output for Play-to-Earn:

- Upgrading or fusing cards and other operations require a certain amount of $CLG and materials.

- Registering for various activities requires a certain amount of $CLG + gold coins.

- Players can only obtain $CLG by participating in official activities such as dojo character training, PK rankings, boss instances, etc.

- To sell $CLG, one must have purchased NFTs or pay a certain amount of $SRN as processing fees.

3. Other tokens:

- Game coins and points obtained from various bases: can be used to purchase small props, register, upgrade cards, etc.

- Dojo points: obtained by completing dojo tasks or activities, can be used to redeem items and tradable NFTs in the dojo. The player with the highest points will receive a share of $CLG from the dojo as a reward.

- PVP points: obtained by participating in arenas and PVP activities, can be used to exchange for certain items. The player with the highest rank can redeem non-tradable, non-NFT equipment.

- Points from large-scale social games, such as instance race passport rewards and dojo battle points, will be available in the later stages.

The game also features a trading market on the official website, with the $SRN trading pair available for regional transactions. You can trade various in-game assets there. There is also a $CLG trading zone, but only a few NFTs are traded there.

Game missions consist of main quests and stamina-dependent upgrades. Your character's level determines the number of cards they can equip. By managing your stamina and missions effectively, you can reach a level where you can equip seven cards within three days. Main quests primarily reward experience points and some non-financial attribute items, enhancing mission attributes and advancing the game's story. Early official activities provide a very small amount of $CLG.

Secondary quests mainly yield non-tradable equipment and upgrade items used to enhance character attributes. The chance of receiving card fragments (which are tradable) depends on the quality of the cards your character possesses, allowing you to gain related benefits (secondary quests do not generate $CLG).

Soul Reborn also introduces the concept of AR battle cards and mystery boxes. These cards serve not only as collectibles but also as tools to assist players in battles. Higher-level cards (UR, SSR, SR, R) have greater value.

Concluding remarks

Soul Reborn is an innovative P2E MMORPG game that combines the concepts of DeFi and NFT, providing players with a unique gaming experience. Whether you are a gaming enthusiast or a blockchain enthusiast, Soul Reborn is definitely worth a try.

Introduction

Caring Meadow is always expanding to provide players with more games and excellent gaming experiences. The game features a well-designed breeding system, intricately woven donation mechanisms, and a player-owned economy where players can own, trade, and collect digital assets within the game. The game is supported by the American charity organization Rescue Fund, with the aim of helping and protecting real-world animals. 5% of every transaction in the game is donated to the Animal Love Foundation, a charitable fund dedicated to animal conservation.

It's worth mentioning that this is a blockchain-based NFT breeding game created with love and passion. The game utilizes advanced blockchain technology to provide players with a transparent, secure, and decentralized platform.

NFTs are at the core of Caring Meadow. Each animal in the game is a unique NFT with distinct attributes. Players can acquire NFTs and various game items through gameplay, which can be obtained through mystery boxes and treasure chests. Within the game, NFTs can be bred and paired together. The breeding process generates $Yeah! and $Gems, which can be used for further breeding and trading.

Caring Meadow continually expands to offer players more gaming experiences. The game incorporates a meticulously designed breeding system, subtle donation mechanisms, and an economy where players have complete ownership of their digital assets. Players can own, trade, and collect digital assets through the game.

The game is supported by the American charity organization Rescue Fund, with the aim of helping and protecting real-world animals. 5% of every transaction in the game is donated to the Animal Love Foundation, a charitable fund for animal conservation.

Characteristics

The team behind Caring Meadow is composed of individuals who have a deep passion for both animals and cryptocurrency. They are dedicated to creating a unique gaming experience that combines the excitement of cryptocurrencies with the mission of animal protection. They believe that games can be a powerful tool for educating and engaging people in animal conservation. By integrating blockchain technology in innovative ways, they aim to inspire a new generation of animal enthusiasts and foster a community committed to animal welfare.

The Caring Meadow team consists of diverse talents with backgrounds in game design, blockchain development, and animal science. Together, they are committed to creating a game that raises awareness of the urgency of animal issues and empowers players to make a positive impact. Their goal is to develop a game that is not only entertaining but also encourages players to have a positive influence on the world around them.

Token Economy

Caring Meadow has carefully designed its token economy, respecting early contributors and ensuring a 100% fair distribution with no reserved shares. The $CMT token generation mechanism includes a total supply of 1 billion tokens, where 50% of $GEM rewards will automatically convert into 1 Love NFT containing 10,000 $CMT, initially priced at 100 $GEM. The exchange rate will increase by 1 $GEM for every 100 Love NFTs generated. Upon the creation of a Love NFT, 5,000 $CMT will be burned. With every 100 Love NFTs generated, the burning rate of $CMT will increase by 1%. $CMT will automatically list on a decentralized exchange (DEX) and provide liquidity at the end of the Token Generation Event (TGE).

Roadmap

Caring Meadow's roadmap is clear and concise. They believe in the exciting opportunities provided by the rise of NFTs for unique charitable marketing and fundraising activities. This can attract more people to voluntarily and actively participate in wildlife conservation. In their future versions, they plan to develop their own public blockchain with a primary focus on NFT transactions and charitable donations, aiming to drive sustainable development in animal protection.

Conclusion

In summary, Caring Meadow is an innovative project that combines blockchain technology with charitable endeavors, providing players with a unique gaming experience while contributing to animal conservation. Their team consists of individuals passionate about animals and cryptocurrencies, working together to create a game that not only entertains but also encourages players to make a positive impact on the world around them. Their goal is to develop a game that is not only entertaining but also motivates players to have a positive influence on the world around them. Their goal is to develop a game that is not only entertaining but also motivates players to have a positive influence on the world around them.

Matr1x is a Web3 entertainment platform based in Singapore that combines games, NFTs, and novel IPs. The mission of this platform is to promote the integration of games and blockchain technology, explore and break the boundaries of gaming, and provide players with high-quality Web3 gaming experiences and true digital sovereignty. Matr1x focuses on three areas: Web3 mobile gaming platform, Web3 esports ecosystem, and Web3 native IPs.

Background

The Matr1x team consists of top global game development and publishing teams, as well as blockchain research and marketing teams. On average, team members have more than 8 years of experience in game development, publishing, and blockchain industry. The founding team members have held important positions in top global gaming companies such as Tencent, NetEase, and miHoYo. Currently, team members are distributed in Web3 important countries such as South Korea, Japan, the United States, Singapore, Hong Kong, Vietnam, and the Philippines.

Apart from that, Matr1x completed its angel round of financing in October 2021 and raised $10 million in Series A financing in May 2022. The company secured investments from top Korean financial group Hanwha Financial, early investors in ETH such as Hashkey Capital, Amber, Seven X, and other renowned venture capitalists. These funds are intended to be utilized for game development, platform construction, community, and market expansion.

Product

Matr1x FIRE is the first mobile FPS game in the metaverse and also the first game on the Matr1x platform. This game allows players to win NFTs and digital art assets with significant appreciation potential, such as avatars, weapons, PFPs, gloves, and other items.

The features of Matr1x FIRE include:

1. Digital sovereignty (Play and own): As a native Web3 game, community players truly own game items and props, allowing for free trading and profit sharing.

2. Classic mobile shooting battles: Matr1x FIRE focuses on the strategic nature and team cooperation of the game. Players need precise shooting skills, strategic thinking, and teamwork to achieve victory.

3. Co-creating a world and narrative: Through the creation of a 1-million-word background novel, Matr1x has built an immersive game world and a deep narrative background, co-created with the community.

4. Exquisite game visuals: Matr1x FIRE emphasizes the beauty of game visuals, utilizing advanced graphics technology and visual effects to provide the community players with an ultimate gaming experience.

5. Free to Play: Players can directly experience the game, smooth as playing a Web2 game, without the need for NFTs or asset purchases. They will also randomly receive digital asset rewards. However, if players want to obtain higher-level rewards, they need to own NFT assets.

6. Web3 Esports ecosystem (Esports to own): Building a unique Web3 esports event, including in-game competitive matches, small-scale tournament platforms, regional championships, and professional competitions.

7. Originating from and returning to the community: Matr1x FIRE is always centered around community development. The community will participate in important DAO governance processes, and the majority of profits will be given back to the community.

8. Asset diversity and decentralized distribution: Matr1x FIRE's assets include matr1× 2061 assets running on the Ethereum mainnet and in-game NFT assets. These assets can be used across multiple games, traded, and all crafted by players.

The economic system of Matr1x FIRE includes various components: FIRE Token (an in-game currency with unlimited supply used for various gameplay mechanisms like character development, opening treasure chests, and weapon synthesis), MAX Token (Matr1x platform token with a total supply of 1 billion, used for platform governance and incentives), NFTs (in-game non-fungible tokens representing characters, weapons, equipment, etc.), and FTs (in-game fungible tokens representing ammunition, medicine, etc.).

The game modes of Matr1x FIRE include:

1. PVP (Player versus Player): It includes individual battles, team battles, and guild wars.

2. PVE (Player versus Environment): It includes dungeon challenges, world bosses, and guild missions.

3. P2E (Play to Earn): Players can earn FIRE Tokens, MAX Tokens, and NFTs through the game.

The game mode and economic system design of Matr1x FIRE enable players to enjoy the fun of the game while also earning profits, truly realizing the concept of Play to Earn.

Matr1x FIRE's game mode and economic system design allow players to not only enjoy the game but also earn profits through gameplay, achieving a true Play to Earn experience.

Community Governance

From the very beginning, Matr1x has been planning towards the direction of DAO. Initially, the governance rights were temporarily managed by the company. However, as the platform develops, the governance rights will gradually be returned to the community. The DAO mechanism will be used to involve players in the platform's operation and decision-making processes, including game development direction, feature updates, and community rule-making.

Future Plans

Matr1x's future plans include NFT staking, Alpha testing, esports events, major IP collaborations, community partnerships, global ambassador recruitment, Genesis character release, public testing, token issuance, and preparation for new games.

Conclusion

With its unique positioning as a Web3 entertainment platform and an innovative model combining gaming, NFTs, and novel IPs, the Matr1x project has demonstrated tremendous potential. The team's extensive experience and strong background, along with the achievements in fundraising, provide a solid foundation for the project's development. Furthermore, Matr1x's emphasis on community governance and its future plans showcase a deep understanding and long-term vision of the Web3 world. However, as an emerging project, Matr1x also faces challenges such as market competition, technological implementation, and user growth. Looking ahead, we anticipate Matr1x to continue innovating and realizing its vision of a Web3 entertainment platform, offering users a more enjoyable Web3 gaming experience.

As competition intensifies in the cryptocurrency industry, leading crypto ecosystems continue to fortify their walls with specialized wallets, plugins, stablecoins, gas fees, and decentralized exchanges (DEXs). However, at UXUY we believe that an ecosystem should not just be an isolated island. Only by promoting cross-chain transactions extensively can true equity be achieved. To welcome one billion users to Web3 without walls, we need DEXs that are barrier-free.

We firmly believe that trading is the only weapon that can break down barriers. Only by setting aside prejudice and using decentralized means can we jointly promote crypto equity.

Is following smart money chasing greed?

Yes, it’s driven by greed — but the mania for cryptocurrency could wind up building something much more important than wealth. (Jan. 16, 2018) — Steven Johnson

It is important to note that we entered the world of crypto because of decentralization, cryptography, and crypto equity. We have both the ability and the obligation to solve the monopoly problems created by Twitter and Facebook in the Web 2.0 world. Entry time should not be the criterion for measuring success, and the “Matthew Effect” should not be an excuse to prevent innovation. Every compatriot who enters the crypto world should enjoy the right to innovate and explore.

We should not expect powerful CEX ecosystems to give new assets the power to sprout and grow. Pursuing hot assets is more in line with economic interests, which is understandable. However, standing on different dimensions, the market will eventually iterate. Amazon is more likely to suffer systemic risks, and Giants like Meta cannot become decentralized, neither can it breed any decentralised product. Such stories of centralization will only be repeated one after another. The consensus to promote crypto equity for all will shed light on more emerging assets. How do you know that the new asset hidden in the corner today will not become the next “Bitcoin”?

Our promises:

While fulfilling these promises, we invite other like-minded partners to join us in moving towards crypto equity. We can see that more and more people are joining the ranks of promoting crypto equity. Satoshi Nakamoto published the Bitcoin white paper, and PoW ensures that every Earth citizen has the right to participate in the Bitcoin network through electricity consensus. Worldcoin created by Sam Altman achieves UBI unconditional basic income through unique iris recognition for each resident. These outstanding individuals are all pushing for everyone to join crypto. Here, there is no discrimination based on race, skin color, wealth, or education level.

Everyone on earth can become a beneficiary.

In the past decade, the Internet has become the platform for the transmission of most information. At the same time, disclosures of widespread surveillance and interference in the area of security technology have increased public concern about the security and privacy of communications. Many people want to be able to maintain control of their information on the Web, but few are able to do so.

In response to these needs, new secure communication protocols, components and applications have emerged in recent years. The purpose of these end-to-end encryption protocols is to establish encrypted sessions between communicating endpoints, making messages within the session difficult to decipher easily from the outside. They also provide mechanisms to check message integrity and confirm that messages have not been tampered with outside of them.

However, integrity mechanisms often provide irrefutable evidence that someone did send a particular message. As a result, some teams following the example of OTR developers have started to work towards the unification of integrity and deniability during normal communication, i.e., leaving no cryptographic evidence that the sender sent a particular message, at least if the communicating participants can confirm that the message has not been tampered with.

And Vault1317, which we will introduce today, is one of the newcomers.

Vault1317: Secure Messaging for Secure Messaging

Vault1317 is an authenticated key exchange protocol with public key concealment and participant deniability designed for secure messaging.

As a secure communications protocol, Vault1317 is designed to provide end-to-end cryptographic protection and metadata protection, while maintaining deniability. The protocol is based on the Signal protocol, which is widely regarded as one of the most secure and privacy-conscious communication protocols. vault1317 extends the Signal protocol by adding additional features such as metadata protection and deniability. Metadata protection is implemented through the use of an additional handshake protocol that helps hide the cryptographic identity of the sender and receiver, as well as other metadata associated with the communication.

By using a symmetric encryption scheme and considering deniability, along with the additional handshake protocol mentioned earlier, Vault1317 ensures that the sender can deny the message sent if necessary, even if the message is intercepted or leaked. vault1317 is a promising solution for those who want to protect metadata and provide message deniability while communicating securely and privately. .

Principle Introduction

1. What is deniability?

In the field of communication, "deniability" refers to the ability of a party to deny a message sent or received by it during the communication process. Deniability is divided into deniability of the sender and deniability of the receiver.

Sender's deniability means that they can deny the fact that they sent a particular message, thus affecting the trust and cooperation of other participants.

The deniability of the receiver, on the other hand, means that they can deny the fact of receiving a specific message, which may lead to disputes and controversies.

To address the issue of deniability, technologies and protocols such as digital signatures, encryption, and timestamps are used in communications to ensure trustworthiness and traceability of communications.

In addition, at the legal level, deniability also involves legal regulations and requirements for contracts, electronic commerce and digital evidence.

2. Solution Principle

In fact, although instant messengers such as Signal and WhatsApp employ good encryption, they still lack the ability to provide deniability, which is essential for secure communication. If an attacker takes control of one of the parties or the server and leaks the chat during their communication, both parties can deny their chat, making it difficult to hold either party accountable.

Vault1317 solves this problem by implementing a provably secure deniability mechanism that ensures the authenticity of the chat content while providing both communicating parties with a reasonable possibility of denial.

3. Metadata Protection and Centralization Issues

Another key issue in modern communications is metadata protection. During communication between two parties, their long-term identity public keys are often exposed, which makes it easier for attackers to identify and track them.

Vault1317 solves this problem by hiding the long-term identity public key, ensuring that metadata remains private and secure.

Finally, Vault1317 is designed to address the centralization of modern social media and instant messengers, which can make them vulnerable to censorship and surveillance. By adapting Vault1317 to decentralized platforms such as Nostr or XMPP, the project ensures that communications are not controlled by a single entity and that users can communicate freely and securely.

Team Introduction

Vault1317 is being developed by HardenedVault, a full-stack infrastructure-focused security company that specializes in Linux system security baselining and auditing, OS runtime threat protection, hardware/firmware root-of-trust technology, sub OS layer security (hardware/firmware root-of-trust), trusted computing (proof of services), confidential computing (trusted execution environment), multi-party computing, zero-knowledge proof (ring signatures/SNARKs/homomomorphic encryption/etc), self-custody upon entropy as a service, and other technology modules. Their achievements in security work have been recognized by the open source community and the security industry.

HardenedVault has spent 9 years in continuous development of advanced security protection technologies that effectively allow home computers to enjoy Tier-4 level security.

Technically, HardenedVault's technology solution covers the complete FIRST HALF system security, where the root of trust is anchored in multiple hardware components during the boot process of each node (machine), based on which the chain of trust extends from firmware and operating system to applications, with each critical component meeting industry compliance while effectively blocking known and unknown vulnerabilities through the integration of modern defensive mitigation technologies and access control The chain of trust extends from firmware and operating systems to applications, each critical component meeting industry compliance while effectively blocking known and unknown vulnerabilities and exploits through the integration of modern defensive mitigation technologies and access controls. In addition, to meet advanced threat protection scenarios, Cyber Fortress' secure communication solution not only enables communication between each node (including for applications such as Trusted Computing Remote Proof) to ensure confidentiality and integrity, but also provides additional secure communication protocols with zero-knowledge proof-based metadata protection (to protect machine privacy) and deniability to help customers build a decentralized, confederation-based Data Center.

Conclusion

As concerns about communication security and privacy continue to grow, new secure communication protocols and applications are emerging that offer promising solutions for protecting personal information and enabling deniability.

Vault1317, an authenticated key exchange protocol, is dedicated to providing secure messaging and maintaining deniability. By extending known secure communication protocols such as Signal, Vault1317 introduces metadata protection and deniability features that enhance the privacy and security of the communication process. The development of this protocol makes it possible to communicate securely and privately while protecting communication metadata and providing deniability.

In the future, as more people become aware of the importance of communication security, we can expect similar innovative solutions to emerge to further enhance the level of security and privacy protection of communications and ensure that personal information is better protected on the network.

Advancing Web3 innovation and development necessitates an organized endeavor to foster and attract top talent while mobilizing resources and infrastructure for sustained growth and success in this ever-evolving industry. Hence, the ZK hackathon showcased various challenges that aimed to explore diverse facets of ZKP technology and its applications in the Web3 ecosystem. Participants had the chance to demonstrate their abilities and make meaningful contributions to the development of privacy-centric technologies in the blockchain space.

The Hunt For X Demo Day gathered various venture capital firms like LongHash Ventures, OP Crypto, Waterdrip Capital, M-Ventures, Sharding Capital, Fracton Ventures, Web3.com Ventures, and Temasek-backed Superscrypt. Additionally, prominent media outlets like PANews, Techub.news, Coinlive, and several developer communities also joined us for the event. Among the 77 remarkable projects that submitted applications, 15 were chosen to participate in the Demo Day.

Here is a compilation of 15 exceptional projects, presented in random order, that exhibit excellent quality.

Should you express interest in any of the featured projects and desire to learn more about them, we encourage you to check out the Demo Day recap on ScalingX’s Official Youtube channel.

Once again, ScalingX would like to express sincere congratulations to all the projects that were chosen to participate in the Demo Day, as well as the esteemed judges and mentors for their invaluable contributions. The triumph of “The Hunt for X” ZK Hackathon on the Buidlbox platform underscores the increasing significance and interest in ZKP technology within the Web3 ecosystem. ScalingX is steadfast in its dedication to nurturing the adoption and advancement of this technology.

About ScalingX

ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.

Website: https://www.scalingx.xyz/

Github: https://github.com/scalingx/

Twitter: https://twitter.com/scaling_x

Telegram: https://t.me/scalingx

Media Contact

hello@scalingx.xyz

This highly competitive virtual event convened 203 participants from around the globe, yielding an impressive collection of 77 exciting projects. Gathering visionary developers and innovators, this exclusive event offered a distinctive platform for delving into the limitless potential of Zero-Knowledge Proofing (ZKP) technology and Random Number Generation (RNG) as groundbreaking solutions to scale blockchain networks. Going beyond exploration, the event provided vital support and momentum to the dynamic field’s ongoing development endeavors.

Prizes will be awarded to exceptional hackathon projects, acknowledging their excellence in developing groundbreaking solutions :

Alongside the monetary reward, the winners will receive valuable incubation support and gain access to a range of funding opportunities.

Here, we proudly present the 10 Xceptional projects that emerged as winners.

“We are delighted to announce the successful completion of the ‘The Hunt for X’ ZK Hackathon hosted on the Buidlbox platform,” said Chichi Hong, ScalingX’s Co-founder. “The exceptional quality of the hackathon projects in ‘The Hunt For X’ ZK Hackathon demonstrated the rapid pace of innovation unfolding within the Web3 ecosystem. Witnessing the participants’ ingenuity and unwavering commitment to utilizing ZKP technology for addressing real-world obstacles is truly inspiring.”

We would like to extend our heartfelt gratitude to the immensely talented participants, dedicated judges, expert mentors, and our distinguished sponsors such as ARPA & AELF who played pivotal roles in making ‘The Hunt For X’ ZK Hackathon an extraordinary success. The triumph of this hackathon on the Buidlbox platform highlights the growing importance and fascination surrounding ZKP technology within the Web3 ecosystem. ScalingX remains unwavering in its commitment to fostering the adoption and advancement of this transformative technology.

Once again, we congratulate all the winners on their well-deserved success. Every hackathon team should take immense pride in their achievements and utilize their hackathon experience as a stepping stone towards building better, faster, and smarter solutions. The Web3 landscape is brimming with opportunities, and this hackathon marks only the initial stages of an exciting journey for many of its participants.

About ScalingX

ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.

Website: https://www.scalingx.xyz/

Github: https://github.com/scalingx/

Twitter: https://twitter.com/scaling_x

Telegram: https://t.me/scalingx

Media Contact

hello@scalingx.xyz

In the first half of 2023, the "ancient" Bitcoin blockchain ushered in a new era. With the launch of the Ordinals protocol and the rapid adoption of the BRC-20 standard, the Bitcoin ecosystem is experiencing a resurgence. During this explosive growth, one group within the Bitcoin network reaped substantial profits: miners.

According to The Block Research, transaction activity on the Bitcoin network surged in May 2023, reaching a total of 16.9 million transactions for the month. Revenue from Bitcoin mining exceeded $900 million, representing a 13.7% month-on-month increase, fueled by heightened on-chain activity.

There are numerous ways to capitalize on the thriving Bitcoin ecosystem, such as purchasing Bitcoin directly on an exchange, mining with specialized hardware, investing in cloud-based mining, or buying computing power tokens. However, Bitcoin investments inherently face the risk of high market volatility. Acquiring mining hardware necessitates significant ongoing capital investment, and purchasing hash power also carries the risk of platform failures. Consequently, investors are increasingly focusing on finding safe, low-risk methods for investing in Bitcoin.

Enter Hashrate Asset Group (HAG), which offers investors a more accessible, lower-risk, and fully compliant investment option for participating in Bitcoin mining: the HAG token.

Introducing Hashrate Asset Group

Hashrate Asset Group (HAG) is a BVI-based Bitcoin mining company dedicated to establishing the world's first sustainable, compliant, and transparent Bitcoin standard computing power operation model.

As stated on their official website, HAG's mining facility is located in the United States, and its core team is composed of seasoned professionals from the technology and financial sectors, hailing from renowned companies such as Goldman Sachs, Softbank, Bitmain, and TSMC. The ex-Goldman Sachs/SoftBank members are responsible for maintaining internal controls and compliance, while the experts from Bitmain and TSMC contribute their extensive knowledge of Bitcoin mining. Notably, HAG's venture capital team also includes early investors from Bitmain and has enlisted Magic Circle, an STO consulting agency, as a security token issuance consultant to provide management consulting and technical support throughout the issuance process.

According to SEC website, Hashrate Asset Group has received an exemption for the issuance of SEC securities. This means that, in compliance with US securities laws, HAG can legally and compliantly issue security tokens.

HAG Token Officially Launches on US Digital Securities Market INX

On June 21, Hashrate Asset Group (HAG) officially listed its digital security token, HAG, on the US digital asset trading platform INX. INX is among the top three security token offering (STO) platforms in the United States, specializing in cryptocurrency, digital securities, and derivative transactions. In August 2020, INX received approval from the US Securities and Exchange Commission (SEC), becoming the world's first digital securities IPO project.

Details of this round of HAG digital securities issuance (STO) are as follows:

Release date: June 21, 2023, 10:00 PM (UTC+8)

Token symbol: HAG

Number of tokens issued: 12,000,000 HAGs

Target issuance size: $500 million

Minimum purchase per user: $5,000

Token Price: $39/HAG

The HAG token is a security token that focus on Bitcoin mining computing power, providing holders with Wrapped Bitcoin (WBTC) as a monthly Bitcoin dividend.

Each HAG token represents 1 terahash per second (TH/s) of perpetual mining hash rate, backed by a fixed perpetual hash rate of 140 TH/s and a standard power consumption efficiency of 3,010 watts. Bitcoin computing power is a critical component of Bitcoin mining and is essentially a real-world asset (RWA). The HAG token tokenizes Bitcoin computing power, achieving Real World Asset Tokenization. For investors, holding HAG tokens equates to owning the corresponding Bitcoin mining computing power, allowing them to benefit from the growth of the Bitcoin mining industry without directly investing in mining equipment.

HAG token holders automatically receive monthly dividends in Wrapped Bitcoin (WBTC) through a smart contract that distributes 70% of the net Bitcoin mining proceeds to token holders.

What constitutes net Bitcoin mining income? According to HAG's official information, "net income" from Bitcoin mining refers to the gross Bitcoin revenue generated by mining operations minus electricity consumption, gas fees, mining pool commission fees, operational costs, other direct mining expenses, corporate taxes, listing fees, and estimated dividend agency fees and costs.

In addition to the 70% dividend distribution, the remaining 30% of net proceeds serve as a reserve to maintain the underlying hash power of each HAG token. Reserve funds are used to maintain and upgrade users' mining equipment, ensuring that the efficiency of HAG tokens in the mining process does not diminish over time.

HAG stands out as the first fully compliant security token based on Bitcoin computing power, issued in strict accordance with US securities laws in the global encrypted digital asset market.

Apart from compliance and WBTC monthly dividends, HAG offers the following advantages:

- Participate in Mining without Owning Mining Equipment

HAG tokens are issued globally. For investors in countries or regions where Bitcoin mining is not allowed, holding HAG tokens provides an indirect, fully legal, and compliant way to participate in Bitcoin mining. Investors don't need to invest in purchasing and maintaining mining equipment, which can be expensive due to technological advancements and the need for continuous upgrades.

HAG represents the tokenization of Bitcoin computing power assets. Holding HAG means owning a digital asset representing mining equipment or computing power without directly managing mining machines. Additionally, HAG tokens can be traded on the secondary market, offering greater liquidity during a Bitcoin bear market compared to directly cashing out mining equipment.

- Integration with ERC-20 Projects and DeFi Platforms

The HAG token is built using Ethereum’s ERC-1404 standard, the only security token standard listed in multiple SEC filings on EDGAR. The ERC-1404 standard is fully compatible with the ERC-20 standard, inheriting its functions and advantages while implementing regulatory restrictions. This compatibility allows the HAG token to integrate with ERC-20-based DeFi platforms. HAG token holders can transfer between different addresses, just as they would with other ERC-20 tokens. Moreover, ERC-1404 supports restrictive functions such as whitelisting and locking. As a digital asset on Ethereum, anyone can view, analyze, and track HAG token distribution and transaction status through a blockchain browser. Most importantly, digital assets issued according to ERC-1404 can still be recovered in case of private key loss, effectively reducing the risk of asset loss due to custody reasons.

Conclusion

The global encrypted asset market is moving towards becoming mainstream, compliant, and institutionalized. In this context, the issuance of HAG security tokens holds demonstrative significance for the entire cryptocurrency market and Bitcoin mining industry. HAG aims to enable more people to participate in Bitcoin mining in a compliant, transparent, and sustainable manner. At present, HAG's primary goal is to ensure token holders receive dividends. In the future, HAG plans to collaborate with other mining operations and DeFi projects to achieve economies of scale and diversified scenarios in mining operations.

Cryptocurrencies are unlikely to replace the traditional financial system; rather, they need to integrate with it to achieve mass adoption.

A major obstacle stands between crypto investments and traditional financial investments: currency conversion. Converting cryptocurrencies into fiat currencies entails tedious processes and steep fees, which impede the smooth transfer of funds between the crypto and traditional financial markets. Additionally, the decentralized nature of the crypto market, which means it isn't controlled by a central authority, leads to a lack of official regulatory support and trusted solutions. This also makes potential investors hesitant to enter the market.

To address these issues, the market requires an all-in-one trading platform that embraces regulation and compliance, enabling investors to securely invest in both cryptocurrencies and traditional financial assets. HabitTrade is a compliant global trading aggregator that distinguishes itself from typical centralized exchanges (CEX) or decentralized exchanges (DEX). It offers users cross-market, multi-asset, single-account global brokerage services, permitting investors to directly use cryptocurrencies for worldwide asset allocation.

HabitTrade: Global Asset Aggregation and Trading Platform

HabitTrade serves as an aggregation platform for both Web2 and Web3 trading, bridging the gap between cryptocurrencies and traditional stock markets. This allows users to utilize cryptocurrencies for global asset allocation. The platform provides access to exchanges such as cryptocurrency exchange Coinbase, NASDAQ, New York Stock Exchange (NYSE), Hong Kong Stock Exchange (HKEX), and plans to connect to the Singapore Exchange (SGX) in the near future.

In November 2022, HabitTrade formed a strategic partnership with American cryptocurrency exchange giant Coinbase, becoming an approved infrastructure provider. This collaboration brought cryptocurrency trading, custody, and brokerage services to HabitTrade's global users, initially covering 30 popular cryptocurrencies including Bitcoin and Ethereum. In the first quarter of 2023, HabitTrade partnered with E Fund, a comprehensive asset management company managing nearly 3 trillion yuan, and officially launched the E Fund (Hong Kong) USD Money Market Fund (ISIN code: HK0000499811).

Currently, HabitTrade supports deposits and withdrawals for USDT, BTC, and ETH. Users can invest directly using their USDT or convert BTC and ETH into USDT for investment purposes. Trading options include underlying stocks, ETFs, options, futures, funds, and cryptocurrencies. By using USDT as the primary trading currency, HabitTrade eliminates the barriers between cryptocurrencies and traditional financial markets, creating a compliant channel connecting traditional finance and digital currencies. This enables users to trade various traditional financial assets and crypto assets more efficiently and conveniently, realizing the concept of "one account, global transactions."

Licenses: The Gateway for Cryptocurrency Platforms to Reach the Mainstream

2022 witnessed the onset of a new crypto winter, as several major crypto companies went bankrupt and digital currency prices took a nosedive. Currently, the predominant attitude among global mainstream regulators is one of caution. Acquiring licenses, registrations, and authorizations is crucial for crypto asset service providers to ensure the growth of their platforms and the security of user funds. In countries and regions where exchange regulations are in place, obtaining a license indicates that the platform operates under local government oversight, can legally conduct cryptocurrency business, and offers enhanced protection for users' assets and information.

As of the first quarter of 2023, official data shows that HabitTrade has secured over 10 licenses and qualifications (including temporary approvals) in Hong Kong, the United States, Thailand, Australia, and Europe. HabitTrade currently operates under two main licenses:

HabitTrade is a licensed securities broker registered with the Australian Securities and Investment Commission (ASIC) and is directly regulated by ASIC. HABIT FINANCIAL SERVICES PTY LTD has an Australian Business Number (ABN) of 59 626 521 202 and an Australian Financial Services License (AFSL) number of 514654.

Obtaining an AFSL license means that Australia permits HabitTrade to provide services related to securities transactions while complying with Australian financial regulations. Entities offering financial services in Australia must hold a valid AFSL. The license is issued by ASIC, the statutory regulator of Australia's financial services and markets. Applying for an AFSL involves passing through ASIC's stringent multi-layered review process, and the ongoing supervision from the tripartite agencies AUSTRAC, ASIC, and APRA makes obtaining and maintaining an AFSL highly challenging.

HABIT INC holds a US Money Services Business (MSB) license (No. 31000229716152).

Possessing a US MSB license ensures that the HabitTrade platform operates within US financial regulations. This financial license is supervised and issued by FinCEN (Financial Crimes Enforcement Network under the U.S. Department of the Treasury). Its regulatory scope primarily covers money service-related businesses and companies, including digital currency, virtual currency trading, ICO issuance, foreign exchange, and international remittance.

Adopting regulation and compliance is an inevitable trend in the world of cryptocurrency trading. HabitTrade is seeking a securities license to enforce Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, ensuring brokerage compliance. Moreover, the platform is in the process of applying for a digital banking license, which will enable it to develop anti-money laundering and risk control models to monitor fund flows. HabitTrade is also working towards establishing mutual recognition between brokerage firms and digital banks, facilitating frictionless transfers of crypto assets and fiat currencies.

In accordance with these licenses and qualifications, HabitTrade must adhere to numerous laws and regulations, prioritizing the safety of customers' funds and data. The platform employs encryption algorithms to safeguard users' personal and financial information, preventing data breaches and unauthorized access to sensitive data. Simultaneously, platform assets are held in segregated custody, ensuring the security of users' funds. HabitTrade consistently maintains an appropriate capital adequacy ratio to guarantee the safety and liquidity of users' funds.

Introducing Soulbound Token HAB: Habit Credentials

In February, HabitTrade introduced Habit Account Bound (HAB), a unique non-fungible token (NFT). The token release details are as follows:

Token symbol: HAB

Network: Ethereum

Minting via: Habit app (available on the App Store and Google Play), Habit official website

Contract address: 0x8CAfc53311E1829CDA0eDe1faC653dD83FDe1335

HAB is categorized as a soulbound token (SBT), representing a user's identity credentials within the Habit ecosystem. By establishing an on-chain credit score and a secure KYC identity authentication application, along with on-chain transactions and interactive behaviors, HAB tokens serve as a secure identity for users within Habit.

As Vitalik Buterin describes, soulbound tokens are a crucial component in building a decentralized Web3 ecosystem:

"An ecosystem of SBTs could unlock a censorship-resistant, bottom-up alternative to top-down commercial and "social" credit systems."

As an on-chain certificate for Habit users, HAB tokens are "bound" to the user's "soul." Each user can possess only one HAB token on the chain network, ensuring that every individual or entity has a unique identity within the Habit ecosystem. Once distributed, HAB tokens cannot be transferred, sold, or gifted, meaning they cannot be moved from one address to another like a standard NFT asset. This soulbound token design enhances the security of the Habit ecosystem. Since HAB tokens are non-transferable, they are immune to impersonation or fraud. Furthermore, because HAB tokens reside on the Ethereum network, they are tamper-proof and cannot be deleted, making them ideal for storing sensitive data. HAB tokens are also revocable, allowing the token issuer to retract tokens. For instance, if a user breaches the rules or terms of the Web3 ecosystem, the issuer can withdraw the user's HAB tokens, effectively nullifying their associated identity and reputation within the ecosystem. This feature adds a layer of accountability that helps preserve the ecosystem's integrity.

Moving forward, Habit plans to introduce additional types of HAB tokens, including those related to identity authentication and ecosystem security. HAB token holders will enjoy benefits such as airdrops, transaction fee discounts, platform dividend rewards through staking, regular buybacks, and token burn events. Additionally, third-party agreements can utilize HAB tokens for NFT airdrops to deter bot attacks.

Streamlining Investment for Web2 and Web3 Investors

HabitTrade offers Web2 and Web3 investors a more efficient, flexible, and convenient way to invest. The platform has established a single-account, multi-asset financial transaction system that eliminates complex currency exchange procedures and lowers the barriers to entry for investors. Simultaneously, HabitTrade actively embraces market regulation and compliance to boost investor confidence. Furthermore, the platform has introduced the Combo Master plan and the Habit Credits point system to deliver additional benefits and incentives to users.

Moving forward, HabitTrade will continue to roll out high-quality products encompassing various asset classes, investment regions, and themes. Through collaborations with leading global asset management firms, the platform will consistently enrich and expand its wealth management product offerings to cater to the ever-evolving investment and financial needs of investors.

In the traditional world of the Internet, data sovereignty has always been an important topic. Large technology companies have a monopoly on users' personal data, which they analyze, exploit and sell under their control. This centralized data control has created many problems for users, including privacy breaches, misuse of data, and data opacity.

However, with the rise of blockchain and Web3 technologies, a new concept is beginning to attract widespread attention: the reclaiming of data sovereignty.

Web3 is dedicated to decentralized data management by returning ownership and control of data to users. It is based on the tamper-evident nature and distributed storage of blockchain technology, enabling users to securely store, manage and share their data without relying on third-party intermediaries.

With Web3, users can selectively share their data and ensure that only those they authorize can access and use it. Personal data is encrypted and stored on the blockchain, ensuring its security and privacy. In addition, because the data is stored in a distributed network, its availability and resistance to censorship are enhanced.

Web3 provides individuals with more data sovereignty, enabling them to control their digital identity and privacy. This technological development has also given rise to a variety of decentralized applications (DApps) that are dedicated to building a more open and transparent digital world. Through Web3, people can selectively share data and participate in areas such as decentralized finance (DeFi), digital asset trading, social networking, and more, and reap the financial rewards from doing so.

The rise of Web3 technology marks a new revolution on data sovereignty that brings greater freedom and control to users. This new digital paradigm will drive the Internet into a more democratic, decentralized era, allowing individuals to become masters of their data again.

.bit: an open source cross-chain Web3 identity system

.bit is a blockchain-based, open source cross-chain decentralized account system. .bit provides a globally unique naming system with the .bit suffix, which can be used for cryptographic asset transfers, domain name resolution, identity authentication, and other scenarios.

A .bit account is a very inclusive data container in which users can place any type of data. A large number of Web3 applications will serve it and index the relevant data stored in the .bit account.

As a decentralized account system, one and only one user has full control and access to the .bit account. Also, .bit is the first decentralized account system with broad compatibility, allowing any public chain address or even email to be used to register and manage .bit accounts.

The core elements of a .bit account include: the owner/administrator, and the resolution record (i.e. the data it is associated with).

Unlike ENS, the owner/manager of .bit can be any public chain private key or even an email address; unlike DNS, .bit supports any type of resolution record.

The structure of a .bit account is shown in the following figure:

Features

A .bit account is a powerful data container that can store various types of data and has a wide range of functions. It brings a lot of convenience and control to users.

First, you can store blockchain addresses in a .bit account and use .bit to make token transfers in mainstream wallets. This way, you no longer need to copy and paste addresses, saving time and effort.

In addition, the platform displaying NFT can index the addresses in your .bit account and display your non-homogenized tokens on different chains.

Second, you can store social media accounts such as Twitter, Facebook or Discord in your .bit account. profile applications can generate a decentralized social account homepage based on this information. Unlike a centralized application, you always remain in control of your data, and you can always switch to another profile application if a particular one doesn't meet your needs.

In addition to storing blockchain addresses and social media accounts, you can also store IPFS links in your .bit account. This way, others can access your decentralized app or website directly through an app like bit.cc, improving accessibility and interconnectivity.

The capabilities of .bit accounts are not limited to specific types of data. You can store your PGP public key in it so that your contacts always have access to your latest public key via your .bit.

In addition, you can store magnetic links so that your friends can download files through your .bit account.

In addition, you can store smart contract addresses in your .bit account to help users verify that they are interacting with the right contract. Likewise, you can store the MD5 hash of the software, allowing users to verify that they have downloaded the correct software.

Finally, you can also store a profile in your .bit account so that others can quickly get to know you.

Overall, .bit is a secure and autonomous information distribution tool that provides users with extensive and powerful features that allow them to better manage and control their data.

Cross-Chain Implementation

.bit is a system with cross-chain capabilities that are not limited to specific public chains. In the Web3 world, blockchains are much more than a single public chain or a chain compatible with the Ether VM.

Accounts in decentralized domain name systems (such as ENS) can only be managed by the private key of a specific public chain. This leads to each public chain having its own domain name system, and each domain name system is identified using a different suffix.

However, the Web3 world should not be so compartmentalized. We need an account system that can cover both blockchain and non-blockchain scenarios.

For users, cross-chain means the following:

1. The .bit account can be managed using the private key of any public chain.

2. The ownership of .bit can be transferred between any two public chain addresses.

3. You can use .bit as an alias for public chain address, contract address and asymmetric encryption public key.

4. You can use any asymmetric cryptographic public key to manage and transfer .bit.

So, how does .bit work across chains?

First, security is ensured through cryptography. .bit consists of smart contracts deployed on multiple chains. Unlike traditional cross-chain approaches, where a third party locks your assets on one chain and then mint your tokens on another chain, .bit is cryptographically cross-chain, with no intermediaries involved and security guaranteed.

.bit's smart contract has unique features. It can efficiently verify the signatures of different asymmetric cryptographic algorithms. For example, when you modify data in a .bit container using your bitcoin private key, you are actually sending a transaction signed by your bitcoin private key, and the smart contract can verify that you have provided a valid bitcoin private key signature. Similarly, when you move a .bit from an ethereum address to a wavefield address, the smart contract can verify that you provided a valid ethereum private key signature.

In addition, .bit covers a wide range of cryptographic algorithms. Various pluggable cryptographic algorithm modules are deployed in its system architecture. Algorithms already supported include secp256k1 and ed25519, and the corresponding private keys can be used to manage .bit in public chains such as Ether, Wavefield, BNBChain, Polygon, and Dogcoin.

In the future, .bit will also be extended to support private key management for major public chains such as Bitcoin, Polkadot, Difinity, etc. This is a crucial step in the .bit roadmap to cover more cryptographic algorithms, so that .bit can be widely used in all public chains and non-blockchain scenarios.

Introduction to the core components

.bit is a decentralized protocol that runs on the Nervos CKB. Nervos CKB is a PoW public chain with a highly open architecture using the UTXO model. .bit provides a complete set of components in an open source manner, including

1. Core Protocol

The Core Protocol is a set of Lock Script and Type Script deployed on Nervos CKB, which defines the .bit account and related operational standards of the .bit account, and is a concrete implementation of the .bit core protocol.

2. Keeper

Keeper is a set of off-chain programs that can be run by anyone without a license, and is responsible for triggering a series of transactions that conform to the core protocol, and is a key module of the .bit system. It is the key module of the .bit system. Running Keeper can get the system rewards of .bit.

3、Resolution Service

It resolves the global state of .bit based on the transactions on Nervos CKB and provides the account resolution service in the form of an interface to the public.

4、Client SDK

Includes SDKs in various languages to simplify the integration of mobile wallets, web wallets, server wallets and other .bit related applications.

5、Dapp UI

Users eventually use the functions of .bit through various application interfaces. These applications can be used directly in the browser or can be integrated into popular wallet software.

Conclusion

In the future, .bit may be expected to become an important identity system in a Web3 world that will facilitate the interconnection of networks. With support for more major public chains and cryptographic algorithms, .bit will be more widely used through cross-chain technology. Users will be able to manage and transfer .bit accounts using private keys from different public chains and use them as aliases for addresses, contract addresses and asymmetric cryptographic public keys. This will provide greater flexibility and convenience for users.

The open and inclusive nature of .bit also makes it possible to store and manage all types of data, from blockchain addresses and social media accounts to IPFS links and PGP public keys. Users are free to choose and control their own data and switch between applications without fear of data loss or misuse.

Through continued development and extended support, .bit is expected to become a hub that connects all corners of the Web3 world. It will provide users with better authentication, asset management and data control, driving innovation and growth in both blockchain and non-blockchain domains. As Web3 technology continues to evolve, .bit will continue to work to break down the barriers between blockchains and build a more open and connected future.

“The Hunt for X” Hackathon will take place over a period of three weeks, starting on April 12th, 2023 and ending on May 5th, 2023. Participants will work in teams or as individuals to develop scaling solutions that leverage ZK technology in the current Web3 ecosystem. The event will feature expert mentors and judges across the blockchain industry, including leaders from ConsenSys, Coinbase, p0x Labs, and a renowned cryptography researcher who will evaluate the submissions based on creativity, feasibility, and potential impact.

“We are excited to partner with Buidlbox for this hackathon to showcase the potential of ZKP technology and the importance of blockchain scaling solutions,” said Chichi Hong, the Co-founder of ScalingX. “We are committed to promoting the adoption of privacy-enhancing technologies in the blockchain space, and we believe that ZKP technology scaling can play a crucial role in achieving this goal. Our aim is to provide a platform for projects to bring their ideas to the world and help early-stage Web3 startups with talent recruitment, networking, fundraising, project incubation, community building, and more.”

Morten Pedersen, the General Manager of Buidlbox said “We are excited to collaborate with ScalingX for this hackathon, which will help us explore the potential of ZK technology and encourage innovation in the blockchain industry. We believe that the event will attract some of the most talented developers and entrepreneurs in the field, and we look forward to seeing the groundbreaking solutions they come up with.”

The winners of “The Hunt for X” Hackathon will be sharing an attractive prize pool including cash rewards, incubation support, and access to funding opportunities. The event is open to participants from all over the world, and registration is now open on the Buidlbox official website.

About Buidlbox

Buidlbox is a comprehensive hackathon platform that aims to empower buidlers and guidls with everything they need to gain new skills, earn prizes, grow communities, and build a better ecosystem together. The end-to-end platform offers a range of powerful tools and resources for developers and entrepreneurs looking to create decentralized applications (dApps) and blockchain-based projects. Buidlbox also enables teams to launch their own hackathons from start to finish, engage with their buidler community, and track performance metrics. Since 2019, the Buidlbox team has organized and launched hundreds of virtual and in-person hackathons on the Gitcoin platform, gaining knowledge and expertise in helping ecosystems grow. With this experience, Buidlbox aims to provide all the necessary tools to help turn blockchain ideas into reality.

About ScalingX

ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.

Website: https://www.scalingx.xyz/

Github: https://github.com/scalingx/

Twitter: https://twitter.com/scaling_x

Telegram: https://t.me/scalingx

Media Contact

hello@scalingx.xyz

“The Hunt for X” Hackathon aims to attract top talents in the Web3 space who will work as individuals or in teams to provide solutions to empower the development of the novel niche. The event will feature judges and mentors from some of the industry’s leading organizations and projects including Coinbase, ConsenSys, and StarkWare, who will evaluate the feasibility, creativity, and potential impact of the submitted solutions. The judges and mentors for the event are:

In organizing the hackathon, ScalingX has also received sponsorships from 15 renowned organizations, including Spark Union, Numen Capital, CoCloud, Arpa, AELF, Web3.com Ventures, Starknet, M-Ventures, Beosin, ConsenSys, Infura, Reddio, Aspecta, Outlier Ventures, and Bewater, among others, to offer technical support and networking opportunities to participants.

Speaking recently, Chichi Hong, the Co-founder of ScalingX, applauded the move by the two tech organizations and explained that it is in line with the goals of Scaling X. “We are excited to partner with Buidlbox for this hackathon to showcase the potential of ZKP technology and the importance of blockchain scaling solutions.” She added, “We are committed to promoting the adoption of privacy-enhancing technologies in the blockchain space, and we believe that ZKP technology scaling can play a crucial role in achieving this goal.”

Morten Pedersen, the General Manager of Buidlbox, expressed positive sentiments toward the event. “We believe that the event will attract some of the most talented developers and entrepreneurs in the field, and we look forward to seeing the groundbreaking solutions they come up with.”

“The Hunt for X” Hackathon will feature multiple challenges each attracting different prices for the winners. The first challenge involves projects that leverage ZKP to scale the Web3 ecosystem and has a prize pool of $36,000. The second challenge involves Cairo 1.0 developer tools. Winners in this category are set to win $3,000. The third challenge involves building educational courses for Zero Knowledge and has a $1,500 prize pool. In addition to the cash reward, winners will also get incubation support, and access to funding opportunities.

Each participant will have the opportunity to present their project to the panel on the Demo Day scheduled for May 10.

The event provides a unique opportunity for any interested party across the world to participate in building the future of Web3. Participants can register now through BuildBox.

About Buidlbox

Buidlbox is a comprehensive hackathon platform that aims to empower buidlers and guidls with everything they need to gain new skills, earn prizes, grow communities, and build a better ecosystem together. The end-to-end platform offers developers and guidls all the necessary support to develop skills, communities, and projects to build a better Web3 ecosystem. Buildbox offers comprehensive tools and resources for project development. The platform also enables teams to launch their own hackathons, providing them with an effective channel to engage with their community, and tools to track their performance. Buildbox has a rich portfolio, having successfully launched hundreds of in-person and virtual hackathons on the Gitcoin platform in the past four years. Its primary mission is to help turn blockchain ideas into reality.

About ScalingX

ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.

Website: https://www.scalingx.xyz/

Github: https://github.com/scalingx/

Twitter: https://twitter.com/scaling_x

Telegram: https://t.me/scalingx

Media Contact

hello@scalingx.xyz

Supported by renowned sponsors such as ARPA and AELF, “The Hunt for X” Hackathon provided an excellent opportunity for developers and innovators to explore the potential of Zero-Knowledge Proofing (ZKP) technology and Random Number Generate (RNG) as blockchain scaling solutions. The four-week hackathon attracted top talents in the Web3 space, who worked individually or in teams to provide innovative solutions that empower the development of this novel niche.

“We are thrilled to announce the successful conclusion of ‘The Hunt for X’ ZK Hackathon on the Buidlbox platform,” said Chichi Hong, Co-founder of ScalingX. “The level of participation and the quality of the projects exceeded our expectations. It is inspiring to see the creativity and dedication of the participants in leveraging ZKP technology to solve real-world challenges.”

The hackathon featured multiple challenges, each designed to explore different aspects of ZKP technology and its applications in the Web3 ecosystem. Participants had the opportunity to showcase their skills and contribute to the advancement of privacy-enhancing technologies in the blockchain space. The submitted projects cover a wide range of domains, including decentralized finance (DeFi), identity, and access management.

ScalingX invites all participants, sponsors, judges, and mentors to join the Demo Day, which will be held on May 17th at 8PM PST. During this event, participants will have the opportunity to present their projects to a panel of industry experts and investors, gaining valuable feedback and networking opportunities. Interested individuals can register and participate in Demo Day to witness the groundbreaking solutions developed during the hackathon.

ScalingX expresses its gratitude to all the participants for their dedication and hard work, as well as the esteemed judges and mentors for their valuable contributions. The success of “The Hunt for X” ZK Hackathon on the Buidlbox platform highlights the growing interest and importance of ZKP technology in the Web3 ecosystem, and ScalingX remains committed to fostering its adoption and development.

About ScalingX

ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.

Website: https://www.scalingx.xyz/

Github: https://github.com/scalingx/

Twitter: https://twitter.com/scaling_x

Telegram: https://t.me/scalingx

Media Contact

hello@scalingx.xyz