ChainCatcher news, NegenTropy Capital partner Billy Wen posted on social media that, as one of the largest holders of SLERF, he failed to negotiate with the Slerf development team regarding the CTO (Community Take Over) matter, and thus decided to initiate FCTO (Fight For CTO) to fully address the remaining refund issues from the presale.

ChainCatcher news, Negentropy partner BillyWen stated on Twitter that if the Slerf project team Dev meets the four requirements he proposed, he will invest in purchasing Slerf NFTs to support the project in refunding the remaining 12,000 SOL to pre-sale investors within three months.The four requirements include: no new tokens will be issued, establishing a DAO-based community governance model, adopting an open attitude to communicate with the Chinese community, and carefully selecting project partners for collaboration.

ChainCatcher news, Taproot Chain announced that it has secured a new round of financing worth millions of dollars, led by Negentropy Capital, with participation from Digital Pacific Holding, Bitvalue Capital, Hussein Family Office, and Wall Street investment banker Patrick Bominton.According to the RootData page, Taproot Chain is the first Bitcoin Layer2 network incubated by Taproot Labs that supports the issuance and trading of Taproot assets. It is built on Op Stack technology, creating a Layer2 ecological platform that combines BTC native assets with smart contract Dapp applications.TaprootChain will officially launch its mainnet today, and the team stated that following the official Twitter and TG community will provide an opportunity to obtain an OG Pass (WL).

ChainCatcher news, Negentropy Capital founder Billywen.sol (@billywen_) stated on social media that he has donated 500 SOL (approximately $82,500) to the SLERF project team, making him the largest individual donor to date.

ChainCatcher news, Taproot Labs announced that it has received a joint strategic investment from Waterdrip Capital, Satoshi Lab, and Negentropy Capital.It is reported that Taproot Labs focuses on developing Bitcoin application layer Layer2 and a multi-chain asset trading platform based on the Lightning Network Taproot Assets Protocol. Currently, it has launched two product lines: Taproot Chain and Taproot Exchange. Taproot Labs will provide stable, high-speed, and secure application layer solutions for the BTC ecosystem.