ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. LongHash Ventures has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." LongHash Ventures is a leading Web3 venture capital fund and accelerator in Asia, headquartered in Singapore, with team members in major Asian countries and regions such as China, India, and Southeast Asia.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, with a total of five lists published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, Longhash co-founder Shi Khai Wei confirmed his attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by Soso Value. The conference aims to bring together elites in the Web3 field to exchange insights about the industry, and it is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024, which objectively selects influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, the decentralized Ordinals marketplace Ordzaar has completed a $2 million seed round financing, led by LongHash Ventures, with participation from SORA Ventures, GSR, Bitcoin Frontier Fund, PG Capital, and OIG Capital. The Ordzaar team stated that 42% of the total tokens will be distributed directly to loyal users and early supporters through a comprehensive airdrop campaign in the first quarter and the upcoming second quarter, ensuring that the community plays a core role in the future development of the ecosystem.In addition, only 10% of the tokens are allocated to key strategic investors, with a vesting period of 28 months. Ordzaar is committed to enhancing community interaction and participation through the SocialFi-driven Rune ecosystem.

ChainCatcher news, LongHash Ventures partner emmacui.eth shared insights on Token2049 and Solana Breakpoint on X.Key points are as follows:Funds and direct investment capital are drying up. Western general partners (GPs) are flocking to Asia for fundraising. Those unable to raise their next fund are seeking to change investment mandates to recoup capital. Funds are lowering their fundraising targets. The distributed capital return rate (DPI) for 2021 and subsequent years is very poor, while the multiple on invested capital (MOIC) is difficult to compare.Infra fatigue is real. There are over 700 side events, most of which are infrastructure projects. Everyone is trying to figure out a granular narrative to distinguish themselves from other infrastructure projects in the same category.Solana Breakpoint is refreshing. This event is filled with developers rather than BD personnel.The entire market is bullish for Q4 2024 and Q1 next year. The main catalysts are interest rate cuts and the U.S. presidential election. We have already seen price movements after Token2049.Reputation matters. As cryptocurrency matures, its surface area becomes larger. Investors/projects can conduct due diligence (DD) on specific founders/projects/investors in more ways. We are starting to see people put in more effort for DD before investing/hiring/joining projects. This is a sign of maturity.

ChainCatcher news, LongHash Ventures CEO Emma Cui, while participating in the "Shifts and Opportunities in Current Market Investment Logic" Space hosted by RootData, stated that this year investments are mostly in a wait-and-see mode, with the fund primarily focusing on opportunities in the AI and GameFi sectors, particularly investing in GameFi infrastructure.In addition, when asked about the future of NFTs, Emma Cui mentioned that LongHash Ventures has invested in NFT infrastructure projects but has not invested in specific NFTs. She still believes that NFTs will develop in the future, "but they need to go through several rounds of bull and bear market transitions, and the market needs to give NFTs more time and patience."

ChainCatcher news, Emma Cui, CEO of LongHash Ventures, stated during the Space hosted by RootData on "The Shift and Opportunities in Current Market Investment Logic" that the current market rally is primarily driven by institutional funds entering, but the real bull market has not yet begun. The indicator for determining whether a bull market has started is whether there is a significant emergence of innovation in the market."In the upcoming market, we can pay attention to the U.S. elections in November, which may present an opportunity. As for the impact of the Federal Reserve's interest rate cuts, the market may improve or worsen afterward," Emma Cui said during the Space.

ChainCatcher news, LongHash Ventures will hold the third annual Web3 Innovation Summit at the National Gallery of Singapore on September 17. The summit will focus on Vitalik's article on "Ethereum in the 2020s," emphasizing the transformation and innovation of Web3.Ethereum co-founder Vitalik Buterin will attend the summit and deliver a keynote speech. Other key speakers include Starknet co-founder and CEO Eli Ben-Sasson, Avara founder and CEO Stani Kulechov, zkSync head Marco Cora, Polygon co-founder Sandeep Nailwal, Monad co-founder and COO Eunice Giarta, Yield Guild Games (YGG) co-founder Gabby Dizon, Kakarot co-founder and co-CEO/CTO Elias Tazartes, Cosmos's Zaki Manian, and Saga co-founder and CEO Rebecca Liao, among other prominent guests.

ChainCatcher news, the artificial intelligence infrastructure startup Lumino announced the completion of a $2.8 million Pre-Seed funding round, with participation from Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity.It is reported that Lumino was founded by Eshan Chordia and Yogesh Darji in July 2023, aiming to address the skyrocketing costs of the vast computational resources required for AI model training, the monopoly of GPU resources by large enterprises, and the challenges faced by public cloud service providers in selecting AI builders.Additionally, they are building an integrated hardware and software computing protocol that leverages economic incentives to pool computational resources, uses blockchain to ensure models are correctly trained, and provides developers with an SDK that allows customers to start training their AI models in minutes, reducing AI computing costs by up to 80%.

ChainCatcher news, Yield Guild Games (YGG) announced a strategic partnership with the venture fund division of LongHash Ventures. Through this collaboration, LongHash is now a holder of YGG tokens and will play an active role in shaping the future of the YGG guild protocol and developing its tokenomics around missions and on-chain guild progress.It is reported that LongHash Ventures is a crypto-native team dedicated to guiding ecosystems for Web3 protocols, and its fund has invested in over 100 Web3 startups, including raising $150 million for infrastructure and gaming companies in Asia.

ChainCatcher news, according to official sources, the digital asset management platform Safe has launched an account abstraction accelerator program in collaboration with LongHash Ventures' accelerator LongHashX.It is reported that the program aims to accelerate developer growth and facilitate the transition to smart accounts by expanding products built on Safe{Core}.

ChainCatcher news, LongHash Ventures' accelerator LongHashX announced that its ZK-themed accelerator program is now open for applications, with registration open until the end of June. The accelerator program will start at the end of July and conclude with a demo day in November 2023; the 12-week accelerator program offers two separate tracks, including the ZK Accelerator Program and the ZK Builders Scholarship Program. (source link)

ChainCatcher news, the decentralized real-time communication network Huddle01 has completed a $2.8 million seed round financing, with participation from Superscrypt, M31 Capital, Protocol Labs, East Ventures, Longhash Ventures, Good News Ventures, Balaji Srinivasan, Stani Kulechov, Dan Romero, and Juan Benet.It is reported that through this new round of financing, Huddle01 plans to develop its ecosystem to support thousands of applications and launch its node network to facilitate large-scale communication and reward them with Huddle01 tokens. In addition, Huddle01 will launch a funding program to enable developers to build applications on Huddle01's infrastructure. (source link)

ChainCatcher news, the startup accelerator division LongHashX under the encrypted venture capital firm LongHash Ventures has launched a new program to reward on-chain contributors called LongHash Web, which plans to use Soulbound Tokens (SBT) or digital identity tokens to provide rewards. SBT represents a person's professional reputation and achievements on the chain. Such tokens are non-transferable and have no monetary value. (source link)

ChainCatcher news, the Web3 privacy protection protocol Elusiv announced the completion of a $3.5 million strategic funding round, led by LongHash Ventures and Staking Facilities Ventures, with participation from Jump Crypto, NGC Ventures, Big Brain Holdings, Anagram, Cogitent Ventures, Equilibrium, Marin Ventures, Token Ventures, Moonrock Capital, Monke Ventures, SolanaFM, as well as founders from Solana, Zeta, Notify, Solflare, and UXD Protocol. Elusiv utilizes a decentralized network with Trusted Execution Environment (TEE), which can be seamlessly integrated into wallets and protocols to help users resist attacks. (u.today)

Chain Catcher news, the tokenized rewards protocol Smoothie has completed a $1.2 million financing round, with participation from LongHash Ventures, Youbi Capital, Ghaf Capital Partners, CyberConnect, King River Capital, Stateless Ventures, Sneaky Ventures, Hive Hatch, and others. The funds will be used for product development and growth.It is reported that Smoothie is a discovery and rewards platform for web3 projects, where users can vote for new crypto projects and earn rewards. (Source link)