Tess Venture · 32
2024 Hong Kong Web3 Carnival Full Agenda Announced

2024 Hong Kong Web3 Carnival Full Agenda Announced

From April 6th to 9th, the 2024 Hong Kong Web3 Carnival, co-hosted by Wanxiang Blockchain Labs, HashKey Group, and hosted by W3ME, will once again join hands with 160+ popular global projects, 100+ industry vertical media, and 300+ speakers including experts, scholars, well-known project representatives, and industry leaders to jointly create a new Hong Kong Web3 myth. This year's carnival takes the form of 1+3+1. A total of 1 main venue, 3 branch venues, and 1 Open Stage area are set up in a nearly 9,000-square-meter venue, which takes turns presenting exciting speeches full of highlights, round-table discussions, passionate e-sports duels, youthful stage performances... 150+ popular projects co-created this year's carnival is strongly supported by the following projects (sponsors at the same level are arranged in alphabetical order): Tittle Sponsors: DWF Labs, Internet Computer, MEET48, OKX Web3, TON Foundation, ZA Bank Strategic Partners: Hong Kong Cyberport, HKTDC, InvestHK Platinum Sponsors: Chainlink, Cregis, Deepcoin Labs, Gate.io, Gunzilla Games, NEAR Protocol, Neo, Polkadot, Qtum, Victory Securities, SlowMist, Telos Foundation, Zetrix, ZircuitCo-organiser: Arkreen, AWS, Bitcoin Magazine, Nervos CKB, PlatON, SNZ, Hong Kong Virtual Asset Industry Association, ZanSide Event Partners: ABGA, Animoca Brands & Chromia, Aptos, DRK Lab, Filecoin Foundation , GoPlus, Hashkey Exchange, SlowMist, TON Foundation, UOVABOX Gold Sponsors: AltLayer, Cards Ahoy! , CESS, Kaspa, Kava, KUN, Mask Network, PortUs, Roam, Rollux, X-mint Level 1 Booth Sponsors: Alfa1, Alibaba Cloud, Baidao Data, BNBChain, Certik, EMC, Google Cloud, Hotcoin, MicrovisionChain, OneKey, XT.com Level 2 Booth Sponsors: Alchemy Pay, Bitget Wallet, Bitroo, CE Innovation Capital, Cell Studio, Conflux, Digital Reserve, Funding Capital, Japan Open Chain, Nervape, NovaX Finance, OceanFi, PIN Labs, TynmoSpace, VoiceStreet, W3SA-HK Level 3 Booth Sponsors: 100x, Akamai, Alaya AI, Bit.Store, Bullish, CHAINUP, Cloud Ace, Daling Research, Dappos, Dexpert.io, ELLIPAL, EngageLab, Hacken, ICG Trading, imToken, Keyblock Solutions, Landlord, MoreLogin, MuskeX, Notifi , OpenSand, PingCap, PrivateAI, Shanhaidu, Stafi, TaxDAO, Tencent Cloud, TokenPocket, TruBit, UD Blockchain, WatchX, eClaude Information + IOST, zCloak Network Intellectual Support: Brevis, CoinMarket...

876d agody zhang#Aion #ARK #CKB #DAI #DOT #DX #EOS #Fun #ICX #IOST #IOTX #Kava #LEO #LINK #Nano #NEO #Qtum #Ren #SOL #SYS #WEB3 #Ethereum #Platform coins #Bitcoin
October Web3 Gaming Industry Report: User Acquisition Challenges Behind Market Capitalization Growth

October Web3 Gaming Industry Report: User Acquisition Challenges Behind Market Capitalization Growth

Author: stella@footprint.network In October, the Web3 gaming industry's token market capitalization grew 15.8%, fueled by a sharp rise in Bitcoin. The industry has been steadily expanding and currently has a total of 2,651 games. However, the growth in active games and active users has not kept pace. 73.1% of games had less than 10 active users in October, highlighting the ongoing challenges Web3 game developers face in user acquisition and retention. The data for this report comes from Footprint Analytics' Web3 Games research page. It's an easy to use dashboard containing the most important statistics and metrics for understanding the Web3 gaming industry, updated in real time. You can click here for the latest information on pricing, projects, financing, and more. Highlights Overview Crypto Market Overview Bitcoin's price at the beginning of the month was $26,967, rising sharply by 27.9% during this period and finally closing at $34,497. Overview of the Web3 game market The Web3 game industry has been growing steadily, with a total of 2,651 games in October. While the number of games in the Web3 gaming industry continues to rise, the growth in active games and active users has not kept pace. Web3 game developers face ongoing challenges in user acquisition and retention. As many as 1,937 games (73.1% of the total) had fewer than 10 active users in October. Web3 game chain data Among games on the Polygon chain, 38 games attracted more than 1,000 active users, accounting for 8.1% of the total number of games on the chain. This ratio is 5.4% for the BNB chain and 1.7% for Ethereum. The Web3 game industry is looking forward to the rapid development of other blockchains to challenge the dominance of these three blockchains. Overview of Web3 gaming projects In October, the token prices of 17 projects soared sharply, by more than 50%. In October, the AXS price increased by 18.3%, while SLP increased significantly by 70.0%. In October, Ultimate Champions welcomed a large number of new users to the Polygon and BNB chains. Web3 game investment and financing situation In October, investment and financing in the Web3 game sector continued to grow. There were a total of seven rounds of financing, totaling $50.9 million. This month's market update Animoca Brands launches new game Formula E: HighVoltage at Flow. Gaming giant Sega Co-COO Shuji Utsumi changed his voice to say blockchain gaming is still an “unknown world” worth exploring. Immutable partners with AWS to drive global adoption of Web3 games. The French National Assembly voted that NFT games should not be considered gambling. Game studio Neon Machine completed $20 million in Series A funding, led by Polychain. Crypto Market Overview In October, the price of Bitcoin soared, surpassing the performance of traditional assets and other cryptocurrencies. Bitcoin was priced at $26,967 at the beginning of the month, rising sharply by 27.9% during this period and finally closing at $34,497. The price of Ether was $1,671 at the beginning of the month, up 8.3% this month, and finally closed at $1,810. Data source: BTC Price & ETH Price In October, technology stocks faced downward pressure, but Bitcoin excelled and bucked the trend. On October 16, the price of Bitcoin rose sharply, reaching almost $30,000. This sudden rise was sparked by false reports from cryptocurrency news site Cointelegraph. The website claims in a tweet that the US Securities and Exchange Commission (SEC) has approved the first spot Bitcoin ETF. However, the post was later removed after BlackRock clarified to Bloomberg that their application was still under review. As a result, Bitcoin's price dropped to around $28,000 at the end of the day. Following this incident, Bitcoin received continued support from the market's growth expectations for the launch of a US spot ETF. The SEC is not against Washington DC...

1017d agoFootprint Analytics#Gamefi #NFTs #cryptocurrency #blockchain

Game development studio Neon Machine completes $20 million Series A funding round, led by Polychain Capital

According to the news, game development studio Neon Machine completed a round of financing of 20 million dollars, led by Polychain Capital, with Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures participating. Neon Machine will use this funding round to further develop its shooter Shrapnel, and its game team is preparing to release an early access version in December and fully release the game in 2024. The Shrapnel team currently has 70 employees.

1032d agoBTC2025NB#Neon Machine #Polychain Capital
IOSG Weekly Brief | Discussion on Rollup's Monetization Design #185

IOSG Weekly Brief | Discussion on Rollup's Monetization Design #185

Part.1 Insight discusses Rollup's monetization design Author: Jiawei, IOSG Ventures This article is IOSG original content. It is only used for industry learning and communication, and does not constitute any investment reference. If you need to cite, please indicate the source. For reprinting, please contact the IOSG team for authorization and reprinting instructions. Is Rollup a good investment category among many infrastructures? Rollup's investment logic ranges from early ZK/OP narrative disputes, to later practical TPS and user experience competitions, to moats built around derivatives such as OP Stack — there may be different answers to this question at different stages of the industry's development. But at the end of the day, what we need to answer is, is Rollup a profitable business? What is the economics of Rollup? This article attempts to learn about Rollup's business model and its monetized design space. Barry Whitehat first proposed the Rollup concept on the Ethereum Research forum. When the concept of Rollup was in its infancy, we uniformly referred to the role that operated Rollup as a relayer or operator. As infrastructure development refined, this role was broken down into multiple entities: Sequencer is responsible for sequencing transactions and writing DA, Challenger is responsible for proposing challenges, and Prover is responsible for generating proofs. When we discuss the Rollup economy, we can basically sort things out starting from these few entities. Source: IOSG This article mainly discusses several aspects of Rollup Monetization: the reason, composition, and profit and loss of Rollup; the form and monetization of MEV in the context of Decentralized Sequencer; the possibility of monetizing based on Fault Proof and Validity Proof . Transaction fees (Transaction Fees) are similar to other chains; users are required to pay transaction fees when sending transactions on Rollup. From Sequencer's perspective, this transaction cost mainly covers two parts of expenses: execution expenses and security expenses. Execution Cost Source: John AdlerRollup's execution cost is inherited from Ethereum's model. In the abstract, each Ethereum node runs a replicated state machine. As shown in the figure above, the node downloads and stores transaction data, performs calculations, reads and writes memory and storage. These operations correspond to physical resource costs and consumption. As a unified resource pricing unit, gas is used to measure the resources hidden behind these operations. Well, the same goes for extending to Rollup. Operating the Rollup node will incur certain execution costs, which is the origin of the transaction fees paid by Rollup users. Due to minor differences in EVM equivalence and differences in Rollup design, different Rollups also have slightly different pricing for execution costs (for example, zkSync Era provides a native account abstraction, and some operations may require more gas than EOA), but generally follow Ethereum's Gas model. Source: Dune Analytics @springzhang除了上述的执行开销之外, you should also consider congestion fees and minimum transaction fees. Congestion charges. This is reflected in the dynamic balance between gas prices and web traffic. For example, during the Arbitrum Odyssey, a surge in internet traffic led to a sharp rise in gas prices. Lowest transaction fees. On blockchains with extremely low network fees, in order to avoid spam and DoS attacks, it is necessary to set a lower limit on transaction fees. Currently 0.1 gwei on Arbitrum One and 0.01 gwei on Arbitrum Nova. The value of the minimum transaction fee depends on the design of the network (0.001 on Optimism...

1117d agoIOSG#IOSG
[Comparative Daily Picks] The Federal Reserve raised interest rates by 25 basis points, Powell said interest rates will not be cut this year; US presidential candidate Robert Kennedy Jr.: bought 2 bitcoins for each of my 7 children; US federal prosecutors asked the judge to detain SBF; Paradigm transferred 3,000 MKR to OTC wallets or ready to sell

[Comparative Daily Picks] The Federal Reserve raised interest rates by 25 basis points, Powell said interest rates will not be cut this year; US presidential candidate Robert Kennedy Jr.: bought 2 bitcoins for each of my 7 children; US federal prosecutors asked the judge to detain SBF; Paradigm transferred 3,000 MKR to OTC wallets or ready to sell

Web3 news selected for you every day: “The Federal Reserve raised interest rates by 25 basis points, Powell says there will be no interest rate cuts this year] Comparative News, at 2:00 PM EST on July 26, the Federal Reserve announced an interest rate hike of 25 basis points as scheduled, which will raise the benchmark loan interest rate to the range of 5.25% to 5.5%, which is the highest level since 2001. Federal Reserve Chairman Powell said during a press conference that he believes interest rates will not be cut this year. He said, “I mean, when we are willing to cut interest rates, we will do it, but not this year, I don't think so.” Powell said the central bank is willing to wait because it is watching the latest data. “We have to be prepared to track the data, and given the progress we have made, we can be patient and firm at the same time,” he said. [US presidential candidate Robert Kennedy Jr.: I bought 2 bitcoins for each of my 7 kids] Comparing the news, US presidential candidate Robert F. Kennedy Jr. (Robert F. Kennedy Jr.) On Twitter Space hosted by crypto celebrity Scott Melker, he said he bought 2 bitcoins for each of his 7 children. He said that Bitcoin actually allows small investors to have an inflation-resistant currency, which gives them the freedom to hold fiat currencies governed by the system. Explaining how investing in the cryptocurrency market has the potential to lift the poor out of poverty, he said, “After the Bitcoin conference (May 18 and May 20 this year), I decided to do what I said and bought 2 bitcoins for each of my 7 children.” In May 2023, Robert Kennedy Jr. became the first presidential candidate to accept Bitcoin campaign donations, and he recently promised to back the dollar with bitcoin and eliminate bitcoin taxes. [US Federal Attorney Asks Judge to Detain SBF] Comparing news, according to a Reuters report, at a hearing held in Manhattan federal court on Wednesday, US federal prosecutors asked a federal judge to detain former FTX CEO SBF a few months before being tried. Prosecutor Danielle Sassoon said that “there is no set of conditions for release to ensure the safety of the community,” Sassoon told the court that SBF, who is currently under house arrest, tried to “intimidate” Caroline Ellison and “made 100 phone calls, some for more than 20 minutes.” [Paradigm transfers 3,000 MKR to OTC wallets, or is ready for sale] According to Coindesk, Arkham Intelligence's blockchain data shows that in the early hours of Thursday morning Beijing time, Paradigm Capital transferred 3,000 MKR MakerDAO governance tokens to an OTC (OTC) wallet, worth 3.5 million US dollars, and may be ready for sale. Paradigm sent around $20 million in MKR to the same wallet in March and then transferred the tokens to the cryptocurrency exchange Coinbase. Earlier this week, Andressen Horowitz (a16z) deposited $7 million in MKR tokens to Coinbase. [EOS Network Foundation is preparing to sue Block.one for “failing to deliver on its $1 billion investment promise”] On Twitter, EOS Network Foundation (ENF) founder and CEO Yves La Rose announced on Twitter that the ENF is preparing to sue the main investor Block.one (B1) for “failing to deliver on its $1 billion investment promise.” La Rose claims that Block.one is working to resolve another class action lawsuit with $22 million after the company rejected a $27.5 million settlement proposal with the main plaintiff Crypto Assets Opportunity. According to La Rose, since the US class action lawsuit was filed in 2017, it is still in the process of being resolved. If you want to join the latest lawsuit initiated by the ENF, you must first withdraw from this lawsuit. La Rose added that the current deadline for filing a claim or opting out of a US class action lawsuit is August 23, 2023. [Aethir completed the Pre-A round of financing with a valuation of 150 million US dollars, led by Sanctor Capital, Hashkey, etc.] Comparing news, the decentralized GPU infrastructure platform Aethir announced the completion of the Pre-A round...

1123d agoWendy#Compare Daily Picks

Aethir completed the Pre-A round of financing with a valuation of 150 million US dollars, led by Sanctor Capital and Hashkey

Comparing news, the decentralized GPU infrastructure platform AETHIR announced the completion of the pre-A round of financing. The total amount of financing exceeded 9 million US dollars, and the company's valuation reached 150 million US dollars. This round of financing is another round of financing after the seed round led by Framework Ventures and Infinity Ventures Crypto. It was led by institutions such as Sanctor Capital, HashKey Capital, Merit Circle, and CitizenX, Mirana Ventures, Animoca Brands, Momentum 6, Big Brain Holdings, Builder Capital, Tess Ventures, and Maelstrom (Arthur Hayes) participated. The new capital will be used to expand global business in key markets such as Southeast Asia, Latin America and North America, and strengthen support for technology R&D and application innovation. According to reports, Aethir is a pioneer company in globally scalable decentralized cloud infrastructure (DCI), which aims to solve the challenges faced by the cloud industry by providing scalable and secure cloud services to meet the needs of global gaming and artificial intelligence companies.

1123d agoWendy#Aethir #Animoca Brands #Big Brain Holdings #CitizenX #Hashkey #Merit Circle #Mirana Ventures #Momentum6 #Sanctor Capital
IOSG Weekly Brief | Zero-Knowledge Proof - FPGA vs GPU #177

IOSG Weekly Brief | Zero-Knowledge Proof - FPGA vs GPU #177

Part.1 Insight Zero-Knowledge Proof - FPGA vs. GPU Author: Star Li This article is for industry learning and communication only, and does not constitute any investment reference. If you need to cite, please indicate the source, and contact the IOSG team for permission and reprinting instructions for reprinting. Special thanks to the author Star Li for the content! Zero-knowledge proof technology is being used more and more widely, such as proof of privacy, proof of computation, proof of consensus, etc. While searching for more and better application scenarios, many people gradually discover that zero-knowledge proof that performance is a bottleneck. The Trapdoor Tech team began in-depth research on zero-knowledge proof technology in 2019 and has been exploring efficient zero-knowledge proof acceleration solutions. GPUs or FPGAs are the most common acceleration platforms on the market today. Starting with MSM computation, this paper analyzes the advantages and disadvantages of FPGA and GPU accelerated zero-knowledge proof computation. TL; DRZKP is a technology with broad prospects for the future. More and more applications are adopting zero-knowledge proof technology. However, there are many ZKP algorithms, and various projects use different ZKP algorithms. At the same time, the computational performance proven by ZKP is poor. This paper analyzes the MSM algorithm, elliptic curve point addition algorithm, Montgomery multiplication algorithm, etc. in detail, and compares the performance differences between GPU and FPGA on BLS12_381 curve points. Overall, in terms of ZKP proof computing, short-term GPUs have obvious advantages, high throughput, high cost performance, programmability, etc. Compared to FPGAs, power consumption has certain advantages. In the long run, there may be FPGA chips suitable for ZKP calculation, or ASIC chips customized for ZKP. ZKP algorithm complex ZKP is a general term for zero knowledge proof technology (Zero Knowledge Proof). There are two main categories: zk-SNARK and zk-stark. Currently common algorithms for zk-SNARK are Groth16, PLOONK, PLOOKUP, Marlin, and Halo/Halo 2. The zk-SNARK algorithm is iterated mainly in two directions: 1/whether a trusted setup 2/circuit structure is required for performance. The advantage of the zk-Stark algorithm is that it does not require a trusted setup, but the verification calculation amount is loglinear. Looking at the application of the zk-SNARK/zk-Stark algorithm, the zero-knowledge proof algorithms used by different projects are relatively scattered. In zk-SNARK algorithm applications, since the PLONK/Halo2 algorithm is universal (no trusted setup required), there may be more and more applications. PLONK proof calculation amount Take the PLONK algorithm as an example to analyze the calculation amount of PLONK proof. The computational volume of the PLONK proof section consists of four parts: 1/ MSM - Multiple Scalar Multiplication. MSM is often used to calculate polynomial promises. 2/ NTT calculation - The polynomial transforms between point values and coefficient representation. 3/ Polynomial calculation - polynomial addition, subtraction, multiplication and division. Polynomial Evaluation, etc. 4/ Circuit Synthesize - Circuit synthesis. This part of the calculation relates to the size/complexity of the circuit. The calculation amount of the circuit synthesize part is generally more judgmental and cyclic logic, and the degree of parallelism is relatively low, which is more suitable for CPU calculation. Generally speaking, zero-knowledge proof acceleration generally refers to the computational acceleration of the first three parts. Among them, MSM has relatively the largest computational volume, followed by NTT. What's MSMMSM (Multiple Scalar Multiplication) refers to a given series of points and scalars on an elliptic curve to calculate the points corresponding to the addition of these points. For example, given a series of points on an elliptic curve: Given a fixed set of Elliptic curve points from one specified curve: [G_1, G_2, G_3,..., G_n] and a random coefficient: and a randomly sampled finite field el...

1165d agoIOSG#IOSG #Zero-knowledge proof
01 Yuanuniverse Weekly Report: China's first metaverse industry patent pool opening license; Zhongke Jincai won the bid for the Bank of Shanghai Metaverse Bank project

01 Yuanuniverse Weekly Report: China's first metaverse industry patent pool opening license; Zhongke Jincai won the bid for the Bank of Shanghai Metaverse Bank project

[Policy Express] 1. Shanghai: Encourage private capital to invest in new infrastructure and support the application of professional scenarios such as the metaverse. On May 30, the Shanghai Municipal Development and Reform Commission publicly issued “Certain Policies and Measures to Strengthen Support for Private Investment and Development in Shanghai”. The document encourages private capital to invest in new infrastructure, including: promoting “supply-side” reforms, supporting universities, scientific research institutions, and state-owned enterprises to use private investment data storage and computing power resources through government procurement and leasing; and encouraging government departments to rent private investment dedicated computing power to support professional scenarios such as semantic learning, metaverse, and spatio-temporal basemaps. (Shanghai Municipal Development and Reform Commission) 2. Important! The “Beijing Internet 3.0 Innovation and Development White Paper (2023)” was released on May 29, and the Beijing Municipal Science and Technology Commission officially released the “White Paper on Internet 3.0 Innovation and Development” (hereinafter referred to as the “White Paper”) on the official website of the Beijing Municipal Science and Technology Commission. Among them, in terms of metaverse industry applications, the “White Paper” suggests that 5G will integrate technologies such as gigabit optical networks, edge computing, cloud XR, AI, and end network collaboration to accelerate the integration and implementation of the metaverse. China's 6G technology research and development keeps pace with the international community. Huawei, ZTE, and Zijinshan Laboratories have reached leading levels in synesthesia integration, intelligent metasurface beamforming, and wireless optical fusion. (Beijing Municipal Science and Technology Commission official website) [Industry News] 3. The first domestic metaverse industry patent pool achieved the first batch of open patent licenses on June 1. It is reported that the first domestic metaverse industry patent pool was officially launched at the 2023 Zhongguancun Forum “Global Intellectual Property Protection and Innovation Forum”. The first batch of patents entered the pool reached more than 170, of which 53 patents were the first to be opened for licensing. Among them, the metaverse industry patent pool was initiated by Beijing Intellectual Property Operation and Management Co., Ltd. (“Beijing IP” for short) and Baidu. Relying on Beijing IP's smart sensor high-value intellectual property cultivation and operation national project, focusing on the key metaverse and related technology fields in Beijing, the integration and strategic application of intellectual property resources is used as a link to carry out complementary capabilities such as patent cross-licensing, open preferential use, and collaborative innovation through innovators with key technologies in the joint field to promote the collaborative application of industrial intellectual property rights, enhance the innovation leadership of industrial clusters, and promote the capital's high economic growth Quality development. (China Economic Network) 4. The Hong Kong Police Force launched the “Netkeeper Metaverse” platform May 30. The Cybersecurity and Technology Crime Investigation Division (CyberDefender Metaverse) of the Hong Kong Police Force recently launched the “CyberDefender Metaverse” (CyberDefender Metaverse) platform, and also hosted the first online sharing event called “Exploring the Metaverse” to introduce opportunities and risks related to Web3 and the metaverse, raise public awareness of new technology crimes, and bring new experiences to the public. The “Netkeeper Metaverse” platform opened three different virtual spaces during the event, including the Web3-themed exhibition hall and lecture hall, allowing participants to freely enter and visit, experience the metaverse firsthand and learn about relevant knowledge, and meet the challenges of future digital development. (Hong Kong Special Administrative Region Government News) [Domestic News] 5. Zhongke Jincai won the bid for the Shanghai Bank Metaverse Bank project. On May 30, Zhongke Jincai won the bid for the Bank of Shanghai Metaverse Bank project. It will create an online metaverse mobile bank through artificial intelligence, virtual reality and other technology, and select application scenarios such as financial management offices, metaverse business offices, and automotive financial services to create a metaverse bank with a highly immersive, good user and interactive experience, and social attributes. (China Securities News) 6. The research team at Westlake University developed an interactive system to bring a new experience to the metaverse May 30. Currently, VR interaction only provides visual and auditory experiences, presenting an untouchable virtual space. Westlake University's Westlake Jiang Hanqing team first proposed and developed a “high-fidelity active mechanical tactile interaction system”. They drew on origami art to make the virtual world in VR glasses not only visible and audible, but also “touch”, bringing a new tactile perception experience to the metaverse. The relevant research was published online in “Natural and Machine Intelligence” on the 29th. (Science and Technology Daily) 7. Xinmedia Co., Ltd. and iFLYTEK jointly established the Metaverse XR Joint Innovation Laboratory on June 2. The unveiling ceremony of Xinmedia Co., Ltd. and iFLYTEK Metaverse XR Joint Innovation Laboratory was successfully held in Guangzhou. In the future, Xinmedia Co., Ltd. will collaborate with iFLYTEK to focus on “metaverse technology and application research” and “metaverse business model exploration” around core metaverse key technologies such as artificial intelligence and virtual digital humans, with the core goal of “forward-looking technology research, commercialization demonstration, and application value exploration”. The two sides will use the “Metaverse XR Joint Innovation Laboratory” as New Zealand...

1165d ago01区块链#01 metaverse
Fluree completes $10 million Series A funding; social metaverse company Social Future completes $6 million fundraising | Metaverse Investment and Financing Weekly 49

Fluree completes $10 million Series A funding; social metaverse company Social Future completes $6 million fundraising | Metaverse Investment and Financing Weekly 49

According to Metaverse Heart analysis and monitoring data, there were 13 financing incidents in the primary market of metaverse-related enterprises this week. Of these, 10 cases had disclosed the amount of financing, with a total scale of over US$60.15 million. Compared with the previous period, the number of financing incidents decreased, and the overall scale of financing decreased. Judging from the number of financing incidents and distribution of funds, relevant investment institutions are focusing on the Web3 sector. It is worth watching this week that the Web3 XR fighting streaming platform Karate Combat completed $18 million in financing. The platform's XR technology is powered by Epic Games' Unreal Engine, and users can earn tokens called karate through apps and watching games. Additionally, we are concerned that Krafton, the developer of the game “PlayerUnknown's Battlegrounds”, and South Korean internet giant Naver Z will form a new joint venture in North America to expand the metaverse, with an initial investment of US$36.4 million. The metaverse is a technological revolution. With the explosion of the metaverse and the support of capital entry, more and more industries have also found new development paths. It must be said that the metaverse is still currently the first outlet for the development of digital economy culture. They all say “no action, food and grass first”. The basic situation in the investment and financing market can be said to be a weather vane for the metaverse industry and is worthy of our attention. Metaverse investment and financing industry distribution We mainly divided metaverse investment and financing events into three tracks: Web3.0, AR/VR, and other infrastructure, which were 7, 2, and 4, respectively. Judging from the financing scale of the disclosed amount incident, the Web 3.0 sector has the highest amount of investment and financing, with the disclosed financing scale reaching 37.5 million US dollars. Among them, Web3 data management company Fluree completed Series A financing of 10 million US dollars, led by SineWave Ventures. Up to now, the company's total financing amount has exceeded 16 million US dollars. There were 2 financing incidents in the AR/VR sector this week. The total financing scale was basically the same as last week, at US$8.65 million; there were 4 financing incidents in the other infrastructure sector, with a financing scale of 14 million US dollars, a slight decrease from last week. METAVERSE Global Hot Financing Event ◉ Web3.0 [Medieval Empires] Project Description: Blockchain Game Round: Angel Round Amount: $3 Million Investor: DWF Labs [Pillz] Project Description: Web3 “phygital” Fashion Startup Round: Undisclosed Investors: Game Payment Platform Xsolla Participates in [Karate Combat] Project Description: Web3 XR Fighting Live Streaming Platform Round: Strategic Investment Amount: 18 Million Dollar investors: Led by Bitkraft Ventures, Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT, etc. participate in the [Fluree] Project Description: Web3 Data Management Company Round: Round A Amount: $10 million Investors: SineWave Ventures [ [CEBG Game] Project Description: Web3 Game Battlegrounds Developer Round: Private Placement Round Amount: $3 million Investors: Youbi Capital, GSR Ventures, A&T Capital, etc. participate in [Yoz Labs] Project Description: Web3 Notification Platform Round: Strategic Investment Amount: $3.5 million Investors: Electric Capital led, Collab+Currency, Coinbase Ventures, Dapper Labs, Form Capital, North Island Follow-up Investment [GOMBLE] Project Description: Korean Chain Game Developer Round: Seed Round Amount: Undisclosed Investor: Binance Labs ◉ AR/VR [Vinci Games] Project Description: VR Game Studio Round: Seed Round Amount: $5.1 Million Investors: Makers Fund Led, Y Combinator, Soma Capital, Kevin Lin, co-founder of Pioneer Fund, Anorak Ventures, BonAngels, and Twitch...

1215d ago元宇宙之心MetaverseHub#MetaverseHub #metaverse
01 Yuanuniverse Weekly Report | Beijing's Urban Sub-Center Metaverse Application Innovation Center officially put into operation Lin Junjie's loss of 91% when purchasing virtual real estate, and the loss was close to zero

01 Yuanuniverse Weekly Report | Beijing's Urban Sub-Center Metaverse Application Innovation Center officially put into operation Lin Junjie's loss of 91% when purchasing virtual real estate, and the loss was close to zero

Industry News 1. The Beijing Urban Sub-Center Metaverse Application Innovation Center was officially put into operation on April 7. Recently, in Zhangjiawan Design Town, the Beijing Urban Sub-Center Metaverse Application Innovation Center was officially put into operation, and the first-floor metaverse exhibition and experience hall was also put into operation. At the same time, the “Beijing Urban Sub-Center Metaverse Application Innovation Center Rent Subsidy Rules (Revised Edition)” have also been officially implemented. The industrial structure of the Metaverse Application Innovation Center relies on in-depth metaverse industry research and explores new ways to promote the development of the new technology industry on the basis of promoting special policy support. The total construction area of the center is 17,136 square meters, and consists of a one-story metaverse exhibition and experience hall (about 2,000 square meters) and 2-6 floors of metaverse corporate office space (about 15,000 square meters). (Beijing Science and Technology Commission) 2. Shanghai will accelerate the recruitment of high-energy digital industry cluster projects and provide 20 million yuan in support of the metaverse industry. On April 6, the Shanghai Global Investment Promotion Conference will open. Focusing on the four new tracks of the digital economy, green and low-carbon, metaverse, and smart terminals, Shanghai will accelerate the recruitment of high-energy digital industry cluster projects and provide up to 8 million yuan of support for benchmark demonstration projects of new technologies and models. For the metaverse industry, Shanghai will speed up the introduction of innovative projects such as 3D graphics and image engines and digital modeling, with support of up to 20 million yuan. (Financial Association) 3. The Shanghai Urban Digital Transformation Experience Hall was unveiled. The themes included metaverse, data trading, and AI. On April 7, the Shanghai Urban Digital Transformation Experience Center was inaugurated. At the event, the Experience Center unveiled 6 super applications, including COMAC's 5G smart factory in the metaverse era, the construction of a national data exchange for the Shanghai Data Exchange, and AI-assisted diagnosis and treatment of Senyi Intelligence. (Exciting) Domestic news 4. On April 7, JD officially announced the “Beijing-made Metaverse” virtual world event. The “Beijing-made Metaverse” virtual world event uses visually upgraded product packaging boxes as creative carriers to move product production lines into a virtual open world. Users can experience the product creation process through interactive games. In the main scene of the “Beijing-made Metaverse” square, users can unlock different home scenes, and can roam and enjoy products online in all aspects without leaving their homes. (Tencent) 5. 263: In the metaverse direction, the main focus is on 3D virtual live streaming and the exploration and development of digital people. On April 7, 263 said that in the metaverse direction, it will mainly focus on 3D virtual live streaming and digital human exploration and development. The corresponding sales revenue generated in this area of business in 2022 will not have a significant impact on the company's short-term business performance, and the company will continue to increase R&D investment in the metaverse field. (Shanghai Securities Journal) 6. Lingnan Co., Ltd.: It has signed a strategic cooperation agreement with Tencent for the Luoyang metaverse project in Henan. On April 3, Lingnan Co., Ltd. (002717.SZ) signed a strategic cooperation agreement with Tencent on VR/AR, digital virtual humans, big data, etc., and has promoted the implementation of the first specific cooperation project. The two sides will carry out specific cooperation on the company's cultural tourism project, the Longmen Street metaverse project in the ancient town of Huangyao, and the Luoyang metaverse project in Henan. (Financial Services Association) 7. Lin Junjie's loss of 91% of his virtual real estate purchase was close to zero. On April 9, Lin Junjie became popular on Weibo. The virtual real estate he bought in Decentraland in November of last year has lost 91% so far, and the current value is only about 10,000 US dollars. In addition, Decentraland's median transaction price also dropped by nearly 90% from $45 in 2022 to $5. The metaverse industry, which is still in its infancy, is showing many uncontrollable risks and bubbles. (Tencent) Foreign Information 8. The EU will release new metaverse-related policies within a few months, and feedback will be open until May 3 and April 6. According to Foresight News, the EU executive agency will release new policies targeting “metaverses” within the next few months. The feedback is open until May 3. The European Commission on Wednesday warned during negotiations on the new “metaverses” policy that a few large companies could dominate the metaverse, create barriers to market entry, and shut out EU startups and SMEs. (Foresight News) 9. Meta says generative AI may be used to create virtual worlds in the metaverse. On April 6, Meta, the parent company of Facebook and Instagram, plans to launch its exclusive generative AI tools by the end of this year. In addition to helping enterprise customers create advertisements, Meta also hopes that generative artificial intelligence can eventually be used to create a virtual world in the metaverse...

1216d ago01区块链#01 metaverse