Exploring global Web3 innovation trends: OKX Ventures Global Horizon event successfully concluded.
During the event, representatives from investment firms LongHash, Polygon Ventures, Hack VC, and Cypher Capital shared their insights and judgments on the industry's development cycle. They also discussed with OKX Ventures how to more efficiently fund innovation and capture value. According to incomplete statistics, these five investment firms have invested over $50 million in various areas, including Web3 infrastructure and innovative applications, in the first half of this year alone. They will continue to explore value and contribute to the industry's development in the future.
OKX Ventures founder Dora further stated at the event that the Web3 industry has been moving towards decentralization and matrixization since its development. With the gradual improvement of infrastructure, applications that generate real profits are increasing, such as the application layer track represented by Uniswap, Opensea, Axie Infinity, and dYdX, which are capturing real users and generating actual income.
As a companion on the entrepreneurial journey, OKX Ventures is partnering with the OKX public chain and OKX Web3 wallet ecosystem to help developers with product conceptualization and innovation implementation. In addition, OKX Ventures will also serve as a co-builder of the community ecosystem, providing support for its more than 300 investment portfolios in terms of products, brands, communities, and global resources, practicing a long-term investment philosophy. In the future, OKX Ventures will focus on the developer community, advancing Web3 investments that combine innovative technology and market space advantages on a global scale.
Additionally, members of top Web3 project teams such as zkSync, Taiko, Scroll, and Gitcoin shared their progress in innovation at the event.
Gitcoin's Head of Ecosystem Impact, Azeem, stated that Gitcoin has developed a Layer2 network called PGN (Public Goods Network) based on OP Stack. Each transaction on this network will generate a sorter fee, and PGN will use most of the revenue generated from this to fund innovation in public goods and public goods projects, meeting the needs of developers for sustainable sources of income.
zkSync's business manager, Omar, stated that they warmly welcome all L2/L3 projects to deploy on zkSync using the zk technology stack. As the most promising and rapidly developing Ethereum Layer 2 ecosystem, zkSync will provide a modular framework for free and offer a convenient environment for developers.
Vincent, the developer relations manager of Scroll, said that the original intention of Scroll was to achieve scalability of Ethereum. Currently, it is in the final stage of Sepolia testnet before running on the mainnet. In the past month, real-time data from Scroll shows that 230,000 active users have completed 3.4 million on-chain transactions. The team looks forward to more community participation in testing and will continue to focus on the development of the developer ecosystem.
Taiko's ecological and financial director, David, expressed his expectation for more developers to join. Taiko ensures high security while achieving Ethereum EVM equivalence. Its smooth product interaction experience is also very suitable for Ethereum developers to deploy as a second-layer architecture. Interested developers can learn more about the Grant Program launched by Taiko DAO here.
As we all know, September is an important time for Web3 professionals around the world to gather at the TOKEN2049 conference in Singapore to discuss the future development of the industry. The OKX Ventures Global Horizon: Investing Across the Globe and Ecosystem Meetup is an important bridge connecting Web3 builders with similar aspirations around the world.
OKX Ventures partner Jeff Ren introduced that as the investment department of OKX, the second largest cryptocurrency trading platform and Web3 technology company in the world, OKX Ventures is committed to exploring the best Web3 projects worldwide, focusing on supporting cutting-edge technological innovation and promoting the development and progress of the global blockchain industry.
As a trusted exchange and leading Web3 technology innovator, OKX has always been rooted in the developer community and committed to building innovative technologies for the future. Currently, OKX has developed a market-recognized Web3 product - the OKXWeb3 wallet, which has integrated 70+ chains and uses MPC and account abstraction smart contract technology to fully realize user self-custody.
In the past, OKX has connected excellent teams from different fields, such as Manchester City Football Club and McLaren F1 team. The team is working with creative and independent thinkers to promote Web3 and encryption technology to benefit more creators, builders, and fans.
With the development of OKX, OKX Ventures is also entering a new stage. Since last year, the OKX Ventures team has invested a lot of time and energy in activities centered around the developer community, and has organized and supported more than 15 demo days and two hackathons. In addition, their team has also partnered with Gitcoin, the world's largest Ethereum developer community, to continue serving the community through DAO organization, discovering and funding influential projects, and helping to advance the development of the global Web3 industry.
Disclaimer
This article is for reference only and does not constitute any investment advice.
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