The first phase of the ChainCatcher "Zhen" series event was successfully held, gathering Chinese builders to discuss the new aesthetics of Web3

On April 10, the first session of the "Zhen" series event hosted by ChainCatcher was successfully held in Hong Kong, with the theme "The New Aesthetic of Chinese Builders." This event invited heavyweight guests including Liu Sheng, co-founder and CEO of Opside; Yan Xin, co-founder and CEO of EthSign; Mia, core contributor of LFGSwap; Howie, co-founder of Rootz Lab; and Jack Kong, founder of Nano Labs and director of Hong Kong Cyberport Management Company, along with over a hundred Web3 builders gathering on-site to discuss new trends in Web3 development.

At the opening of the event, ChainCatcher partner Hunter delivered a speech, expressing gratitude for everyone's attention and support for ChainCatcher and its crypto data platform RootData. Since its establishment, ChainCatcher has closely followed the development dynamics of Chinese builders. In today's context of "Chinese projects taking the lead," Chinese builders have created a number of commendable products, which reflect a new aesthetic formed by their new understanding of the industry, new solutions to demands, and new thoughts on community building.

The first keynote speech was delivered by Liu Sheng, co-founder and CEO of Opside, who spoke on the topic "The Evolution from Multi-Chain to Multi-Rollup Era," forecasting new trends in public chain development. He stated that the development of public chains has now entered the multi-Rollup era alongside the multi-chain era, where Rollups can better inherit the security and decentralization of Layer 1 public chains, offering higher performance, lower gas fees, and compatibility with various platform types such as zkEVM, zkWasm, and App-specific.

As a platform focused on ZK-RaaS, Opside has designed a three-layer architecture based on base chain + based rollup + decentralized prover to address challenges such as Rollups being limited by underlying L1, applications lacking sovereignty, data availability layers lacking security and decentralization, and project parties needing to build their own ZKP computing capabilities. They have also innovated a hybrid consensus mechanism of PoS+PoW.

Additionally, Liu Sheng announced Opside's latest technical roadmap, stating that Opside will launch a Pre-Alpha testnet before the end of the second quarter this year, completing the preliminary construction of the three-layer architecture and ecological projects, and starting testnet activities. Alpha and final version testnets will be launched in the third and fourth quarters, with plans to officially launch the mainnet next year.

Liu Sheng, co-founder and CEO of Opside

Following this, Yan Xin, co-founder and CEO of EthSign, shared his understanding of a good project with the theme "Simplicity is the Final Achievement." Yan Xin stated that for a product and application, simplicity is the greatest success. For example, EthSign and Tokentable are both solving a clear problem and can be described in one sentence: TokenTable is a token ownership management platform, or in other words, "doing business registration on Ethereum," while EthSign is a decentralized electronic protocol signing platform. Furthermore, a good project should also have the ability to deeply participate in the ecosystem and serve as a bridge.

Yan Xin also introduced TokenTable, the token ownership management platform under EthSign. He explained that TokenTable is a token ownership registration and distribution platform aimed at Web3 startups and DAOs, providing token holders, including founders, investors, advisors, and community contributors, with tools for token supply distribution. TokenTable offers a panel for managing token allocation and a complete list of stakeholders; all stakeholders can clearly understand and manage their unlocked assets in various projects. Additionally, users can easily add previous funding rounds on the management page, allowing them to monitor round details and plan token distribution through interactive charts.

Yan Xin, co-founder and CEO of EthSign

In the second half of the event, Mia, core contributor of LFGSwap, opened with the theme "Let's Fucking Go," stating that the collapses of centralized financial institutions such as Silicon Valley Bank, Genesis, FTX, and Silvergate have increasingly validated the necessity of DeFi.

LFGSwap is a community-driven DEX centered around an ecosystem, with users primarily from Nigeria, Indonesia, China, and other regions, providing local users with more convenient financial tools. Currently, it has the highest TVL in the Arbitrum ecosystem, exceeding $13 million, with a total TVL of nearly $20 million. It is reported that LFGSwap previously launched an IDO on Arbitrum, exceeding expectations by 4560%, with subscription amounts reaching 28.7 million USDT.

Moreover, LFGSwap has launched NFTs based on classic characters from the movie "The Wolf of Wall Street," and this series also created a custom "4" character NFT for Binance founder Zhao Changpeng, which was shared by Zhao Changpeng himself.

Mia, core contributor of LFGSwap

After experiencing consecutive collapses in the crypto market, how should crypto investment banks respond to the new cycle? Howie, co-founder of Rootz Lab, shared the development achievements and new dynamics of Rootz as a cryptocurrency investment bank with the theme "Industry Development and Rootz Layout."

Rootz Lab is a research-oriented investment fund that provides the best full-stack services for innovative blockchain builders. The team is led by influential industry leaders with extensive experience in market operations, infrastructure technology, and investment research. Over the years, they have accumulated experience in building consensus, aiming to provide clients with the guidance, support, and resources needed to succeed in the rapidly evolving world of blockchain technology.

Rootz has already collaborated with over 200 VCs in the industry, investing long-term in infrastructure ecosystem development, focusing mainly on modular blockchains, sharding, financial derivatives, ZK, L2, L3, and L0. Rootz plans to collaborate with several leading institutions this year to serve the developer community, conducting online and offline hackathon events in North America and Asia to help more developers understand the industry.

Howie, co-founder of Rootz Lab

In the midst of a crypto bear market, the rise of ChatGPT has also brought new narratives for Web3. Jack Kong, founder of Nano Labs and director of Hong Kong Cyberport Management Company, shared his insights on the development trend of the metaverse with the theme "The Singularity of the Metaverse is Approaching, and Now is the Time for Web3 Entrepreneurship."

Jack Kong stated that with the integration of the new generation of AI technology and Web3, the current challenges faced in the development of the metaverse, such as high entry barriers, limited scenarios, lack of digital assets, high development and operational costs, and lack of support for large-scale concurrency, are being resolved one by one.

As a metaverse infrastructure platform, iPollo under Nano Labs is committed to making metaverse development simpler than DeFi development through the integration of AIGC, AR+, Web3D, and other technologies, providing users with a better experience than Web2.

Additionally, Jack Kong shared the three laws of the metaverse proposed by Nano Labs: the network value of the metaverse is at least proportional to the cube of the number of network users; the total network value of the metaverse is the sum of the values of each layer of the network; and all marginal users in the metaverse will gain corresponding network value.

Jack Kong, founder of Nano Labs and director of Hong Kong Cyberport Management Company

After the keynote speeches, the first session of the "Zhen" series event hosted by ChainCatcher successfully concluded amidst enthusiastic free exchanges among the attending guests.

The excitement continues. On April 16, the second session of the "Zhen" series event hosted by ChainCatcher will still be held in Hong Kong, with the theme "New Cycle and New Narrative." Everyone is welcome to register and participate.