From May 12 to 13, approximately 64 Rug Pulls were initiated on-chain, one every few minutes. In this short period of less than 24 hours, the total loss amounted to 272 SOL, worth about $45,900.

The first Demo Day offline event of the "Tokyo Web3 Summer Hackathon (TWSH)" and the Web3 Sakura banquet was successfully held at Toranomon Hills in Tokyo, Japan.

The second session of TWSH 2023 initiated by CGV is scheduled to officially launch the Tokyo Web3 Rally project solicitation at the end of March, lasting for two months, with a Demo Day and award ceremony series of events taking place in May.

Summary of the award-winning projects from the Web3 hackathon "TWSH".

The 36 project teams introduced their respective project situations and business characteristics, focusing on key industry points related to the Web3 ecosystem panorama, Web3 protocols and infrastructure, Metaverse, Game, NFT, and other aspects.

The online roadshow selection meeting is about to officially start.