Evening News | The European Parliament will vote on cryptocurrency regulation legislation tonight; Terra founder bets against crypto KOL on LUNA price

Organizer: Nianqing, Chain Catcher

"What are the truly important news today?"

1. Web3 game Delysium raises $4 million in first round of funding, led by Galaxy Interactive and others

The AAA-level web3 game project Delysium announced the completion of over $4 million in its first round of funding, led by Galaxy Interactive, Republic Crypto, and Alameda Research, with participation from Anthos Capital, Eureka Meta Capital, Y2Z Ventures, Tess Ventures, Zonff Partners, Infinity Ventures Crypto, Lucid Blue Ventures, Unix Gaming, Ancient8, PathDAO, YGG SEA, Mask Network, and other institutions.

It is reported that Delysium is led by rct AI, a game-AI company incubated by Y-Combinator, aiming to explore the future of the web3 game industry by creating a high-quality gaming experience and a sustainable economic system with the concept of "Fun to Play, Play and Earn." This round of funding will be used to accelerate game development, expand the team, and build the ecosystem, with Delysium expected to launch in mid-year. (Source link)

2. European Parliament to vote on MiCA regulatory legislation today at 20:45 Beijing time

The European Parliament's Economic and Monetary Affairs Committee (ECON-Ausschuss) will vote on the EU's regulatory legislation for the crypto asset market (MiCA) at 20:45 Beijing time on March 14. Previous reports indicated that the latest draft of the MiCA regulation still contains provisions that may restrict the use of PoW cryptocurrencies. (Source link)

3. Musk: Still holding and will not sell Bitcoin, Ethereum, or Dogecoin

Musk tweeted today: "In times of high inflation, it's better to own physical assets like houses or stocks of good product companies than to hold dollars. I still hold and will not sell my Bitcoin, Ethereum, or Dogecoin." Meanwhile, Dogecoin rose over 4% in 5 minutes. (Source link)

4. Terra founder bets $1 million with crypto KOL on whether LUNA price can exceed $88 in a year

Terra founder Do Kwon today made a bet on social media with crypto KOL Sensei Algod regarding whether LUNA's price can exceed the current price of $88 in a year. Do Kwon bets that LUNA will exceed the current price, while Sensei Algod disagrees. They invited another KOL, Cobie, as a witness and each sent $1 million worth of stablecoins to Cobie's designated address. The funds have been received, and both parties have confirmed the bet is valid. (Source link)

5. Move to Earn app STEPN to airdrop approximately 45 million GMT to over 5,000 early users

The Move to Earn app STEPN will airdrop approximately 45 million GMT (accounting for 0.75% of the total circulation) to its over 5,000 early users from March 15 to 17. (Source link)

6. Uniswap V3 to be deployed on Celo, Celo Foundation commits $10 million for Uniswap user rewards

Uniswap V3's deployment to the Celo community proposal passed with a 100% voting approval rate (approximately 12 million UNI). The proposal also mentioned that the Celo Foundation has committed $10 million in CELO for specific user rewards and grants for Uniswap, as well as another $10 million specifically for financial rewards for Uniswap. The main focus of the deployment will be to introduce liquidity pools for green assets backed by natural capital, such as tokenized carbon credits. (Source link)

7. Neowiz, developer of Crossfire, to launch P2E game in April and announce airdrop to 7,000 NEOPIN wallet holders

The South Korean game company Neowiz is set to officially launch its Klaytn mainnet-based P2E game Crypto Golf Impact in April, with a random airdrop of $150,000 worth of KLAY to 7,000 NEOPIN wallet holders on March 25. Neowiz, established in 1997, is known for games such as Tap Sonic, QQ Speed, Crossfire, and Battlefield King. (Source link)

"What articles are the editors of Chain Catcher reading?"

1. "A Conversation with LinkedIn Co-founder Reid Hoffman: We are in the First Stage of Web3"

As the next phase of the internet rapidly develops, what are the core principles that differentiate Web3 from previous eras, and how is it influenced by the depths of human nature? Additionally, how do lessons learned from the early days guide technological progress or hinder it? In this article, LinkedIn co-founder and Greylock partner Reid Hoffman, along with his co-author Chris Yeh of "Blitzscaling," discuss the current state of Web3.0.

"We are in the first stage of Web3," Hoffman said. "So, having wild idealism is a good thing, but of course, you should always be aware of where things might go wrong and strive to guide positive outcomes away from negative ones."

2. "A Comprehensive Review of the Transformation of Currency: Unveiling the Past and Present of Cryptocurrency"

Regarding the history of currency, the world has gone through three stages: commodity money, the gold standard (the ultimate form of commodity money), and fiat currency. The fourth stage, digital currency, is about to arrive. This includes private digital assets (such as Bitcoin and stablecoins) and public digital currencies (such as central bank digital currencies), which can change the way we conduct banking and the economic tools available to policymakers in fiscal and monetary policy. These assets can be seen as digital versions of gold, commodities, or fiat currency, but they also have their unique aspects.

3. "Detailed Explanation of the Two Verification States of Rollup: Fraud Proof and Non-Interactive Fraud Proof"

This article mainly introduces rollups, a mainstream layer 2 technology. In rollups, the timing of verifying the correctness of L2 submitted states is divided into fraud proof and zk rollups. Fraud proof is further divided into non-interactive fraud proof and interactive fraud proof based on whether the challenger needs to interact with the publisher. Comparisons show that interactive fraud proof has advantages in both operational costs and EVM compatibility. The relatively new cryptographic research of zk brings new directions, allowing zk rollups to verify publishers' releases more quickly. Additionally, zk offers new possibilities for privacy protection and other areas.

4. "How 'Progressive Decentralization' Strategy Makes Flow a Mainstream Blockchain?"

This article is a paid deep dive into the Flow chain, spanning 14,000 words. Starting from the team behind CryptoKitties and NBA Top Shot, Dapper Labs, it analyzes Flow from various dimensions, including architecture, network effects, token economics, decentralization, and star projects. The author believes that Flow is on the rise to create the most vibrant Web3 ecosystem and will make a stunning transformation this summer.