Exploring Global Web3 Innovation Trends: OKX Ventures Global Horizon Event Successfully Concluded

On September 12, the OKX Ventures Global Horizon: Investing Across the Globe and Ecosystem Meetup event, held during TOKEN2049 in Singapore, concluded successfully. Renowned Web3 investment institutions such as LongHash, Polygon Ventures, Hack VC, and Cypher Capital, as well as representatives from mainstream Web3 projects like Taiko, zkSync, Scroll, and Gitcoin, attended the event.

During the event, representatives from LongHash, Polygon Ventures, Hack VC, and Cypher Capital collectively shared their insights and judgments on the industry's development cycle, while also discussing with OKX Ventures how to more efficiently fund innovation and capture value. According to incomplete statistics, these five investment institutions have collectively invested over $50 million in the first half of this year, covering various tracks including Web3 infrastructure and innovative applications. In the future, they will continue to explore value and contribute to industry development.

OKX Ventures founder Dora further stated during the event that the Web3 industry has been moving towards decentralization and matrixization. With the gradual improvement of infrastructure, applications that generate real revenue are increasingly growing, such as those represented by Uniswap, Opensea, Axie Infinity, and dYdX, which are capturing real users and generating actual income.

As a companion in the entrepreneurial journey, OKX Ventures is collaborating with the OKX public chain and OKX Web3 wallet ecosystem to assist developers in product conception and innovation implementation. Additionally, OKX Ventures will act as a co-builder of the community ecosystem, providing support in products, branding, community, and global resources for its over 300 investment portfolios, practicing a long-term investment philosophy. In the future, OKX Ventures will focus on the developer community and refine its Web3 investments that combine innovative technology and market space advantages on a global scale.

Moreover, members of leading Web3 project teams such as zkSync, Taiko, Scroll, and Gitcoin also shared their progress in innovation on-site.

Azeem, the ecosystem impact leader of Gitcoin, stated that Gitcoin has developed the Layer2 network PGN (Public Goods Network) based on OP Stack. In this network, every transaction generates a sequencer fee, and PGN will use most of the revenue generated to fund innovations in public goods and public goods projects, meeting developers' needs for sustainable income sources.

Omar, the head of ecosystem business at zkSync, expressed a warm welcome to various L2/L3 projects to deploy on zkSync using the zk technology stack. As the most promising and rapidly developing Ethereum Layer 2 ecosystem, it will provide a modular framework for free, offering developers a convenient environment.

Vincent, the developer relations head at Scroll, mentioned that Scroll's original intention is to achieve Ethereum's scalability. Currently, it is in the final phase of the Sepolia testnet before the mainnet launch. In the past month, Scroll's real-time data shows that there have been 230,000 active users completing 3.4 million on-chain transactions, and the team looks forward to more community participation in testing while continuing to focus on building the developer ecosystem.

David, the head of ecology and finance at Taiko, expressed anticipation for more developers to join. Taiko ensures high security while achieving Ethereum EVM equivalence, and its smooth product interaction experience is 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.

As is well known, every September is an important time for global Web3 professionals to gather at the TOKEN2049 conference in Singapore to discuss the future development of the industry. This OKX Ventures Global Horizon: Investing Across the Globe and Ecosystem Meetup event serves as an important bridge connecting like-minded Web3 builders worldwide.

Jeff Ren, a partner at OKX Ventures, introduced that as the investment arm of OKX, the second-largest cryptocurrency exchange by trading volume and a Web3 technology company, OKX Ventures is committed to exploring the best Web3 projects globally, supporting cutting-edge technological innovation, and promoting the development and progress of the global blockchain industry.

As a trusted exchange and a global leader in Web3 technological innovation, OKX remains rooted in the developer community, dedicated to building future-oriented innovative technology. It has developed a market-recognized Web3 product—the OKX Web3 wallet, which is now integrated with over 70 chains and utilizes 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, and the team is working with creative and independent thinkers to promote Web3 and crypto technology to benefit more creators, builders, and fans.

With the development of OKX, OKX Ventures is also moving towards a new stage. Since last year, the OKX Ventures team has invested significant time and effort in developer-centric activities, having organized and supported over 15 demo days and two hackathons. Additionally, its team has collaborated with Gitcoin, the largest Ethereum developer community globally, aiming to continue serving the community through DAO organizations, uncovering and funding impactful projects, and advancing the global Web3 industry to new heights.

Disclaimer

This article is for reference only and does not constitute any investment advice.