ChainCatcher news, ChainCatcher and RootData held an offline exchange event today at 14:00 in Singapore themed "New Trends in Web3 and Changes in Investment and Financing." During the keynote speech, Jerry, the founder of Singular Labs, shared a presentation titled "When the Next NFT Narrative Arrives, New Playgrounds for NFT Fi."Jerry mentioned that regarding this year's NFT market, due to Blur's incentive policies and the royalty pricing agreement with OpenSea, the trading volume of PFP has gradually declined after peaking on February 22. Approximately 70% of illiquid NFT projects have a floor price of 0 due to factors such as lack of liquidity and limited use cases, while 1% of NFT projects account for more than half of the total market value of NFTs. Currently, NFT Fi mainly serves blue-chip PFPs, with a cumulative loan amount of $480 million and outstanding debt of $18.26 million.Regarding the NFT Epoch RWA sector, it is expected that by 2030, the market size for tokenized non-liquid assets will reach $16 trillion, accounting for less than 1.8% of the current global asset total of $900 trillion. RWA is becoming more diversified, and NFTs are a better representation; the value of ERC721 assets will surpass that of ERC20. Additionally, Jerry mentioned the NFT full-chain gaming sector, believing that gaming is the best way for Web3 to break boundaries, with decentralized games led by DeGame and full-chain games thriving, which will generate a large amount of value-stable NFT assets in the future.It is reported that Singular Labs' lending protocol, Singular, serves both virtual and real assets, providing liquidity and interest income, supporting the new ecosystem of NFT FI and RWA.

ChainCatcher News: China's top XR advertising screen manufacturer, Hushida, has signed a contract with Hong Kong Yuan Yuan Technology Co., Ltd., confirming the first batch of 300 XR advertising screens measuring 5 meters by 5 meters, which will be promoted globally through Hong Kong. They have also set a strategic goal to complete the deployment of over 20,000 screens by 2025.Yuan Yuan Technology Co., Ltd. operates DA AGE (Decentralized Assets), which will cut each XR screen into different specifications of LED mini-screens. The advertising operating rights corresponding to each LED screen will be opened to the public in the form of NFTs on the Polygon public chain, with an ecosystem co-construction and sharing period of 8 years.This is also the first large-scale equity NFT project (da-age.io) born locally since the Hong Kong Special Administrative Region clearly promoted Web3 to facilitate the development of the real economy. DA AGE will anchor the physical value of the real economy to the virtual economy of blockchain at a 1:1 ratio, confirming physical property rights in physical form and operational and distribution rights in digital form. The free application period for its NFT golden tickets (proof of whitelist selection) starts on May 18, with an initial issuance of 9,380 tickets.Currently, the XR technology is most mature in the four countries of China, the United States, Japan, and South Korea, with China's XR manufacturing costs having an overwhelming competitive advantage internationally. XR all-analysis screens (commonly known as naked-eye 3D) integrate AR, VR, and MR into an extended reality technology that allows people to witness true 3D digital scenes with the naked eye, serving as the infrastructure entry point to the metaverse. With its immersive visual impact, imagination, expressiveness, and sound effects, XR technology has a stronger eye-catching ability than ordinary LED screens and can be widely used in film, music, live broadcasting, e-commerce, and advertising production.

ChainCatcher news, Taiwanese singer Huang Li Cheng (Twitter account Machi Big Brother) stated in a tweet on April 15 that he has exited the NFT space. However, his Twitter profile picture remains that of the "Bored Ape" BAYC NFT. (source link)

ChainCatcher news, according to NFT Evening, cryptocurrency payment company MoonPay will collaborate with filmmaker Julie Pacino to co-produce an NFT movie.The film, titled "I Live Here Now," aims to encourage filmmakers to use NFTs to eliminate intermediaries. It tells the story of an actress trying to escape from a hotel in the woods, which is dominated by unexplained events and mysteries. In fact, this film is a sequel to her NFT photography collection released last year. (source link)

ChainCatcher news, according to The Block, NFT financial protocol Insrt Finance developer Insrt Labs has completed a $2.2 million Pre-Seed funding round, led by Hashkey Capital and Infinite Capital, with participation from Sky9 Capital, Caballeros Capital, and Hamzah Khan, the DeFi head of Polygon.Lauris Zvirbulis, co-founder and CEO of Insrt Labs, stated that the funding was achieved through a Simple Agreement for Future Tokens (SAFT). Insrt Finance is currently built on Ethereum and plans to support other blockchains in the future. Insrt plans to launch omnichain ShardVaults in the next two months and hopes to collaborate with Polygon. The Insrt token is expected to launch in the third quarter of this year. (The Block)

ChainCatcher news, NFT financing platform Raze Fintech Inc. announced the completion of a $175,000 Pre-Seed round of financing. The platform is now live and accepting client applications, with two pilot clients (RedDoors Tech Inc and Versafy Inc.).It is reported that Raze is dedicated to providing a platform for businesses to raise funds through minting NFTs in a compliant manner. The platform requires issuers to conduct KYC on all qualified investors and also obtain accredited investor declarations and execute agreement digital signatures. The team plans to deploy the Raze NFT financing platform across multiple verticals, such as venture capital, real estate, film, and Web3 projects. (source link)