On June 4th this year, the modular blockchain base layer Avail raised $43 million in an oversubscribed Series A funding round. This round was led by Founders Fund, Dragonfly, and Cyber Fund. And in February, Founders Fund and Dragonfly had just led Avail’s seed round, raising $27 million. Including the pre-seed round, Avail has secured a total of $75 million in funding. Other investors include SevenX, Figment, Nomad Capital, LocalGlobe, Altos Ventures, Chapter One, Superscrypt, Foresight Ventures, Mirana Ventures, KR1, RW3 Ventures, Alliance DAO, Hashkey, Elixir Capital, Spark Digital Capital, and several angel investors. What is it about Avail that has caught the eye of investors and driven them to compete for the invest? Continue reading “Analysis of Avail”
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Analysis of Monad
On April 9th of this year, the Layer1 blockchain Monad Labs announced the completion of a $225 million financing round. This round was led by Paradigm, with participation from other well-known investment institutions, including Electric Capital, SevenX Ventures, IOSG Ventures, and Greenoaks, etc. Along with the $19 million seed round announced in February 2023, the project has raised a total of $244 million, with a valuation of $3 billion.
Hyperchain Invention” Value Mapping and Right-of-Way Method for Digital Rights and Interests” has Published by USPTO
Dear partners and communities,
Good news! Our invention” Value mapping and right-of-way method for digital rights and interests” (Patent No.: CN112085606A) after successfully claimed priority under the Patent Cooperation Treaty (PCT), now already published by United States Patent（USPTO）, publication NO.: US20230315816A1. This patent is aiming for providing efficient and automated solutions for the governance of Web3.0 and DAO. Continue reading “Hyperchain Invention” Value Mapping and Right-of-Way Method for Digital Rights and Interests” has Published by USPTO”
Paralism has Launched Its Asia-Pacific Headquarter in Tokyo, Japan
Dear communities and partners,
We are pleased to announce that Paralism has launched its Asia-Pacific headquarter in Tokyo, Japan, with the aim of strengthening our focus and support for the Web3, DAO, and NFT ecosystems in the Asia-Pacific region. This company will serve as an important part of our strategy to expand our overseas users and ecosystem, driving innovation and meeting the needs of our users and partners. Continue reading “Paralism has Launched Its Asia-Pacific Headquarter in Tokyo, Japan”
Shi Xingguo, The Founder of Hyperchain, Provided His Interpretation of The Surge of A-Share Web3.0 Concept Stocks
Shi Xingguo, the founder of Hyperchain, provided his interpretation of the surge of A-share Web3.0 concept stocks
Recently, Web3.0 concept stocks of A-share listed companies have risen against the trend and become a new hot spot in the market. On November 10th, Web3.0 concept stocks triggered a surge, with Quanshi World Online Network Information gaining eight consecutive limit-ups in 10 days, and Rongji WISP gaining four consecutive limit-ups. Many listed companies, including Philisense, COL, Net263, CSII, and TungKong, have responded that they have laid out related businesses. Shi Xingguo, the founder of Hyperchain, was invited by Huoxun.comto interpret this phenomenon. Continue reading “Shi Xingguo, The Founder of Hyperchain, Provided His Interpretation of The Surge of A-Share Web3.0 Concept Stocks”
Founder of Hyperchain, Shi Xingguo, Provided His Interpretation of The Hong Kong SAR Government’s Policy Statement Regarding Virtual Assets
The Hyperchain’s founder, Mr. Shi Xingguo, believes that Hong Kong is more attractive to mainland China than other Asia-Pacific regions. He also stated that Hong Kong has always had a solid foundation for financial business, but its initiative in virtual assets has been surpassed by other regions in recent years. Therefore, it is crucial for Hong Kong to lead in virtual assets in the Asia-Pacific region and even internationally, while maintaining long-term and consistent policies.
In addition to policies, Hong Kong has plans to attract major upstream and downstream participants to settle in Hong Kong, forming a relatively complete ecosystem. Hong Kong and mainland China can complement each other in many ways. Previously, many Web3 projects in mainland China, including encrypted asset projects, were forced to develop overseas due to regulatory reasons, but they still rely heavily on domestic development resources and application development capabilities. Continue reading “Founder of Hyperchain, Shi Xingguo, Provided His Interpretation of The Hong Kong SAR Government’s Policy Statement Regarding Virtual Assets”
Shi Xingguo, Founder of Hyperchain: Hyperchain Will Provide Technical Support to Space Wish on Their Digital Collection Issuing
On April 24th, 2022, China’s Aerospace Day, the launch event for the “Star Universe Space Wish” digital collection platform, the world’s first platform to use physical satellites for synchronization and storage of digital art, was held and the “Stars twinkling – Star Baby Public Welfare Plan” charity digital collections were launched on multiple live streaming platforms. Shi Xingguo, the founder of Hyperchain, attended the launch event and shared his thoughts and expectations on digital collections going into space.
Shi Xingguo stated that the Hyperchain team will provide technical support to Space Wish using blockchain technology with its permanently stored, enduringly existed, and tamper-proof features. Continue reading “Shi Xingguo, Founder of Hyperchain: Hyperchain Will Provide Technical Support to Space Wish on Their Digital Collection Issuing”
Hyperchain Launch new Social Finance Tool “DAOGram” and Open Sales of Cards Collection of the Tiger Year
Hyperchain launch new Social Finance Tool “DAOGram” on the day of Chinese lunar new year and open sales of cards collection of the Tiger Year. With DAOGram everyone is able to create or join an social network to promote goods or NFTs then get commission as they were bought. Continue reading “Hyperchain Launch new Social Finance Tool “DAOGram” and Open Sales of Cards Collection of the Tiger Year”
Founder of Paralism，Shi Xingguo delivered a speech about Digital Infrastructure in the 5G Era at the China Internet Conference
From July 9th to 11th in 2019, the 18th China Internet Conference was held at the Beijing Convention Center. The theme of the conference was “Innovation, Change, and Departure – A New Chapter of Quality Development”. The industry’s oldest Internet conference in ceremonies welcomed its adult year with the 50th anniversary of the birth of the Internet and China’s full-featured access to the Internet for 25 years.
At the meeting, the Chinese Academy of Engineering academician and the chairman of the China Internet Association, Wu Hequan , said that 5G was born at the right time, its arrival will give birth to an unimaginable format of industries, and the Internet is at an important juncture, and the digital infrastructure re-opened by 5G technology will be rebuilt. Chairman of Hyperchain Information Technology Co., Ltd., parallel blockchain inventor and founder Shi Xingguo, also gave a speech on the digital infrastructure of the 5G era at the senior conference of the Internet Conference, and explained how the parallel blockchain can support the 5G era as an vital part of the infrastructure.
Paralism Attends the top Chinese IT Summit Illustrating the Digital Future Linked with Parallel Blockchain
“Blockchain, and only blockchain can extend the boundaries of IT industry” — in the 2019 China IT Summit last weekend in Shenzhen, the city headquarter with the most Chinese IT companies such as Tencent and Huawei, the founder of Paralism and Hyperchain.net , Shi Xingguo attended the summit.
Paralism is powered by the parallel blockchain technology invented by Hyperchain.