The Aggregation of Web3.0: Protocol-Agnostic and AggLayer

In our previous analysis of popular projects, we discussed Polygon’s AggLayer, which is quite similar to Paralism’s Protocol-Agnostic concept. Both are exploring how to aggregate existing blockchains, users, and liquidity to form a unified entry point into Web3, thereby breaking down the isolated ecosystems barriers.

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Overview of Web3.0 Fundraising in August

In August 2024, Web3.0 projects completed a total of 117 financing rounds, raising approximately $777 million, which is lower than the monthly average over the past year (around $867 million, shown by the blue line in the chart below). The market experienced significant fluctuations in August, and the capital market was also affected. However, the situation is still better compared to the same period last year.

Data resource: https://www.rootdata.com/

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Popular Project Analysis: Polygon

On August 22, Polygon announced that it will upgrade its mainnet on September 4 and migrant its native token Matic to POL. Subsequently, several major exchanges announced their support for this upgrade, delisting Matic and listing POL. As a result, Polygon has once again come into the public eye. Over the past year, BTC rose from over $20,000 to over $70,000 at its peak, while Matic increased from over $0.50 to $1.20 but has recently fallen below $0.50. As an Ethereum Layer 2 solution dedicated to addressing scalability issues, Polygon’s past achievements are undeniable. Even during the bear market of 2022 and 2023, it saw the second-largest increase in developer numbers just after Ethereum.

So, let’s take this opportunity to study Polygon once again. Continue reading “Popular Project Analysis: Polygon”

Paralism Secures Another Fundamental Patent from China National Intellectual Property Administration

Dear Partners and Community Members,

We are thrilled to announce that another fundamental patent of Paralism’s parallel blockchain technology, titled “ Semantic Solidification and Derivation Method Based on Public Predicate Logic,” has been officially granted by the China National Intellectual Property Administration, under patent number CN114372471A.

This patent supports the definition and derivation of various types of assets, enabling the integration of Web 2.0 data and value into the blockchain network. This breakthrough allows the blockchain to express a wider range of asset types. It marks another significant technological advancement for Web 3.0 infrastructure, greatly enriching the number and variety of assets within the Web 3.0 ecosystem, laying a solid value foundation for its development. Continue reading “Paralism Secures Another Fundamental Patent from China National Intellectual Property Administration”

Overview of Web3.0 Fundraising in July

In July 2024, Web3 related projects secured a total of 113 funding rounds, with the total amount raised exceeding $1.1 billion USD, almost equals to the monthly average of the first half of the year. However, compared to July of the previous year, both the funding amount and the number of rounds has significantly increased. In fact, since last November, the overall fundraising environment for the Web3.0 market has notably improved, maintaining a relatively stable state this year.

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Analysis of Avail

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”

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.

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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”