ChainCatcher news, Web3 game platform Yooldo has completed a $1.5 million funding round at a valuation of $13 million, with participation from Bedrock Ventures, Double jump.tokyo, Edimus, Hyperithm, Klaytn Foundation, Manta Network, Neopin, Planetarium, Presto Labs, and Vista Labs. Additionally, grant sponsors include Aptos Foundation, BNB Chain, Immutable X, and Oasys. The funds raised will be used to enhance technology, bring more games to the platform, and grow its community.

ChainCatcher news, the Klaytn Foundation announced a strategic partnership with the Web3 market research and consulting firm Tiger Research to promote the adoption of RWA tokenization and blockchain in the Asian market.The collaboration will enhance Klaytn's research capabilities related to RWA and expand Klaytn's RWA ecosystem.Tiger Research, established in 2021, is a Web 3 market research and consulting firm focused on the Asian market. The company collaborates with world-class enterprises and institutions to help them navigate the complex and evolving Asian Web 3 landscape, providing market research, business development, and project management services. Clients include Forte, Animoca Brands, and the Klaytn Foundation. Currently, Tiger Research operates in South Korea, Japan, Vietnam, and Indonesia.

ChainCatcher news, the South Korean public blockchain Klaytn published a blog post stating that it is building a support system for the tokenization of real-world assets (RWA), including product development, token issuance, asset storage, and trading.They plan to establish a new token standard that encompasses the necessary functions for asset tokenization and strengthen ecosystem elements such as custody, KYC, oracles, and trading platforms.The Klaytn Foundation will focus on the widespread adoption of RWA and provide support for ecosystem businesses, with the expectation of developing a range of RWA applications.

ChainCatcher news, the global Klaytn hackathon Klaymakers23, co-hosted by the Klaytn Foundation and DoraHacks, is now open for registration. This year's hackathon will be divided into three tracks: DeFi, RWA, Metaverse, and Gaming, with a total prize pool of over $140,000, and incubation and ecosystem partnership support for the winning teams. Registration is currently open, and formal submissions will be accepted from October 10 to November 30.Previous report, Klaymakers started in 2022, with a total of 174 entries submitted last year, of which 19 teams won, earning prizes worth over $1 million, sponsor bounty challenges, as well as funding and incubation opportunities.

ChainCatcher news, according to Blockchain Today, the Klaytn Foundation, a South Korean blockchain platform, has established a partnership with Matter Labs, the developer of zkSync Era. Both parties will seek to build Layer 2 on Klaytn, as well as achieve connectivity between Klaytn and zkSync Era, and utilize the ZK Stack released by Matter Labs to develop the hyperchain infrastructure for Klaytn. (source link)

ChainCatcher news, the Klaytn Foundation, a public chain project in South Korea, announced that it will conduct a hard fork upgrade at block height 119,750,400 or approximately on 2023-04-16 16:01 (UTC) according to the approved KGP-6 proposal, while burning approximately 5.28 billion KLAY (about 1.3 billion USD).

ChainCatcher news, according to CoinDesk, the Klaytn Foundation, one of the main developers and code maintainers of the South Korean blockchain platform Klaytn, is making changes to the Klaytn network governance system and the economic model of the native KLAY token. The Klaytn Foundation will collaborate with the Klaytn Governance Committee to help transition the Klaytn blockchain to a fully permissionless validator structure, providing opportunities for the public to participate as block validators and introducing a communication channel for Klaytn community members to engage in the decision-making process.In addition, the Foundation will disclose the on-chain voting agenda and status of the Governance Committee in real-time through the governance protocol Klaytn Square, enhancing governance transparency. The Foundation will submit a revised tokenomics proposal to the Governance Committee early this week, with the final agenda and proposal to be announced on February 28 along with the 2023 technical roadmap. (CoinDesk)

ChainCatcher news, David Shin, the global group head of the Klaytn Foundation, announced his departure in a LinkedIn post.It is reported that David Shin worked at the Klaytn Foundation for a year and a half, during which he focused on building the adoption and practicality of the Klaytn blockchain among developers, retail, and enterprise groups. David Shin also previously served as the head of the exchange at Bitcoin.com. (Source link)

ChainCatcher news, the official website of the Klatyn Foundation announced that its Web3 hackathon "Klaymakers22" has successfully concluded, with 19 teams winning out of 174 submitted projects, and they have earned over $1 million in prizes, sponsor bounty challenges, as well as funding and incubation opportunities.The winning projects include: DAO treasury, voting, soul token smart contract service OxSBT, multi-chain wallet tracking dashboard Bento, Web3 advertising application D-Ad, decentralized art generation platform D-DALLE, Korean kimchi premium index analysis platform Jonggane, decentralized donation platform KlayGoods, DeFi data integration and visualization service Klaylabs, oracle service KlayOracle, metaverse and Gamefi application KUP, 3D art NFT platform Soumatou, DAO creation and management platform XDAO, and Web3 web novel DAO X-Letter, etc. (source link)

ChainCatcher news, the Klaytn Foundation announced that due to the abnormal fluctuations in on-chain liquidity detected on October 21, it has decided to repurchase KLAY tokens from the secondary market to stabilize the Klaytn ecosystem. The Klaytn Foundation stated that the funds for the repurchase come from the stablecoin reserves held by the Klaytn Foundation, and the repurchase will take place on centralized exchanges, with the repurchased tokens being burned. The Klaytn Foundation mentioned that to prevent market manipulation, the repurchase plan was not announced in advance. (source link)