10th Big Demo Day - Central Research
On January 31, 2024, the Big Demo Day held at the Hong Kong Cyberport ended successfully. The event was organized by Central Research, co-organized by Techub News, supported by Cyberport and 852web3, and crowned by Zeepr - the 10th edition of Big Demo Day, a large-scale offline event. The event brought together many well-known companies and experts in the Web2 and Web3 industries to discuss and witness the innovation and development in the Web3 field.
Event speech and speech
Central Research co-founder Dylan delivered an impassioned speech with two great pieces of news. First, Central Research received a $100 million investment credit from traditional institutions such as Datang Capital, a family fund. The funding will focus on investing in and incubating Web3 projects to support the innovative development of entrepreneurs in the decentralized space. Second, Central Research and C incubator announced that they will collaborate to promote the development of the Celestia ecosystem. C incubator will jointly hold the 2024 Big Demo Day with Cyberport to provide a roadshow platform for the Celestia Ecological Quality project, provide project acceleration and investment, and jointly provide comprehensive acceleration support for the Celestia Ecological project. In addition, C incubator will set up a Hong Kong office in Cyberport to further expand its presence in the Asia-Pacific region.
Rachel thanked everyone for their support of Cyberport and mentioned Cyberport's support for the development of Web3 beginning in late 2022. Some main working directions of the nixie tube are introduced: 1. Founding aspects, such as Incubation Program and government subsidy. 2. In terms of Network and Industry Development, Cyberport already has some different programs, such as the Web3 POC scheme. 3. Enable an Enablement Program between Web3 enterprises and Web3 enterprises.
Lucky, Commercial Director of Cincubator, gave a speech, in-depth interpretation of Cincubator's investment incubation strategy in the Web3 field, and in-depth cooperation plans with project parties in the Asia-Pacific region. Cincubator is focused on investment incubation of Web3, with a particular focus on ecological development and related project deployment in the Asia-Pacific region. In order to expand more TR application scenarios and ecological boundaries, Cincubator provides early investment, comprehensive resource import and other support, and has reached strategic cooperation with a number of high-quality project parties. In addition, Cincubator has formed a close partnership with Central Research and will co-host 12 Big Demo Days this year. Cincubator will also be located at the Cyberport, providing a unique platform for business activities.
AIma, founder of Techub News, said at the event that the partnership between Techub News and Big Demo Day aims to promote Hong Kong as a global capital of virtual assets. He highlighted Hong Kong's potential and policy stability in the virtual asset sector, and called on people inside and outside the industry to believe in the determination and confidence of the Hong Kong government. In addition, AIma also introduced the development and positioning of Techub News, and co-built a content channel with Hong Kong's largest media outlet, Hong Kong 01, to expand the influence of the Web3 industry. Secondly, Techub News launched the 2024 Web3 Asia Tour to report the cutting-edge information during the major Web3 conferences in Asia in real time, and will hold peripheral theme activities around the conference, aiming to let the industry's high-quality projects travel throughout Asia through a series of activities and media publicity. In particular, we will do the surrounding theme activities according to the large Web3 events in the following regions: Hong Kong, Dubai, Singapore, Malaysia, Indonesia, Vietnam, Japan, South Korea, Taiwan, etc.
Project roadshow
Zeepr labs
Zeepr lab is the title sponsor of the event, and Zeepr cofounder Norah introduced Zeepr labs' Perpetual Contract trading protocol, which supports both token and on-chain perpetual contract trading, supports multiple asset types, including BRC20 assets, and plans to support more blockchains in the future. Zeepr labs' protocol is designed to provide a richer trading experience and choice, incentivizing traders with an innovative dual holding model and reward mechanism. Compared to other perpetual contract protocols, Zeepr labs supports not only the u standard, but also the currency standard, and can deposit liquidity as a single currency model. The agreement provides flexible options for eco-partners, who already live on RBTRON and are planning deep strategic collaborations with more blockchains.
Bucket Protocol
The representative of the Bucket Protocol project introduced that the Bucket Protocol is a pledged proof of interest protocol. This paper explains that the original intention of Bucket Protocol project is to solve the problems in the DeFi market, and summarizes my own view that the DeFi market has a broad development prospect, and Bucket Protocol and Sui Network projects have good investment value and development potential. He called on the audience to pay more attention to these projects and stressed the importance of choosing the right projects for investment success.
Cross Space
Leon, founder of Cross Space, describes Cross Space as an innovative platform for social, mining and content investment that enables Web3 creators to monetize their content and impact. It combines gaming and financial elements in a "sogofy" model, similar to Instagram or Little Red Book. Users can create, view, and trade content, purchase keys, and invest in private domains. You can also mine for points, unlocking lower cost credits based on influence, activity and assets. The project side has a certain user base and plans to expand the scale. Core modules include content search and PVP contests, which users can participate in and share.
RE:DREAMER
Jason, founder of REGIME, said that Domin Network is an open network provided for the retail industry. It links consumers' shopping and game data to realize the interconnection of online and offline data, thus changing the consumption situation. They face challenges such as decentralization and secure storage of data, but believe this is the future and have partnered with multiple brands to explore new business models.
STFIL
Kate, co-founder of STFIL, introduced the STFIL protocol as the largest liquidity pledge protocol on Filecoin, committed to building a centralized pledge ecosystem. It has cumulatively pledged more than 4.5 million files and has established ties with most storage providers. Compared to other ecosystems, the Filecoin pledge market is still a blue ocean, and ST file solves the problem of choosing trusted powder storage providers and insufficient liquidity, providing instant liquidity. It also provides decentralized and secure management, and can be extended to a variety of fields. ST file has been audited and received investment.
Arena of Faith
Hason, the representative of Faith, introduced Faith as an autonomous world Web3 gaming platform with the goal of building an autonomous world driven by competition. This autonomous world realizes self-made self-drive through on-chain deployment, and combines the race system, games and intelligent control to build a structure that allows users to self-made self-drive to participate in the ecology. Their first product was Arena face, an on-chain MOBA game similar to Dota, LOL, and Mobile Legends. Other series of game products will also be supplied to this autonomous world. These games can be connected to the Face autonomous world as plug-ins, and users can freely organize events, set rules, schedule and settlement, the whole process is the whole chain. At the same time, they have VR games and games based on classic board games. These game assets can be used in different VR games, because these games are made by themselves, so the interoperability of the assets is easy to achieve.
Xdin3
During the project roadshow, Xdin3 representatives introduced Xdin3 as an inscription ecosystem and application layer project that provides a full-chain inscription mobility protocol. It takes casual games and financial derivatives as application scenarios, and is committed to serving the next generation of inscribed assets, which will be value-based, providing rich application scenarios and healthy liquidity. XD3 plans to offer more than 50 casual games where users can use tokens to enter the game and have a chance to win prizes. As the ecosystem expands, more high-quality on-chain games will be added, increasing the revenue and circulation of inscription assets. This integrated approach will facilitate broader value capture and a more complete value system, potentially leading to a new round of value regression. XD3 will partner with potential Inscription Track launch platforms to launch new assets to them and join the ecosystem as one of the payment assets. Donors who hold ecological inscription assets can receive game participation privileges and earn inscription assets in the prize pool.
Unisat
Unisat project representatives presented Unisat as a leading market player and BRC20 technology pioneer. In the first quarter of 2024, Unisat shared information on BRC20 upgrades, collaboration models, and the progress of the Unisat APP. They are committed to advancing the collaborative development of BRC20 and optimizing the Swap functionality and modular implementation to make it a more flexible protocol. At the same time, Unisat is optimizing support for BRC20 assets, delivering desired performance and preparing apis for users to use.
Elastos
Han Feng, co-founder of Yilai Cloud BeL2, introduced the technical construction of Yilai Cloud project and its impact on BTC ecology in his speech. The project aims to make the Bitcoin network more intelligent and efficient by integrating inscriptions (including BRC20 and ARC20) into smart contracts through technologies such as zero-knowledge proof, enabling true compatibility and interoperability. This breakthrough is of great significance in promoting the flourishing development of the Bitcoin ecosystem. Han also revealed that BeL2, the first intelligent Inscription, will cross the link to the Yilai cloud in February, while inscription website Inscription will be officially launched. In addition, a new version, expected to be released in March, will allow BTC and inscriptions to enter smart contracts through zero-knowledge proof technology.
Roundtable: Bitcoin Layer 2 as the Next Bull Market Catalyst
This roundtable focused on an in-depth analysis of the Bitcoin ecosystem, specifically the potential and impact of Bitcoin layer 2. The panelists believe that the development of Bitcoin layer 2 will drive the bull market of the Web 3 market, and they have different views on whether Bitcoin layer 2 can be the engine of the next bull market. Some believe that with the development of Bitcoin layer 2, it has the potential to become the engine of the next bull market, driving the prosperity of the Web 3 market. However, others are cautious and believe that further observation and verification are needed. In addition, the issue of the security and stability of the Bitcoin ecosystem was discussed. Panelists believe that security and stability are essential for the long-term development of the Bitcoin ecosystem. They noted the need for enhanced security measures and technological innovation to ensure the stability and reliability of the Bitcoin ecosystem. At the same time, attention needs to be paid to the sustainability and equity of the ecosystem, preventing excessive concentration and abuse of power.
The Big Demo Day event has undoubtedly brought new opportunities and perspectives to Web3 practitioners in Hong Kong and around the world. From investment incubation to ecological development, from project roadshows to cooperation and exchanges, all aspects show the vitality and potential of Web3 industry. In the future, we expect more collaboration and innovation to emerge in this dynamic field.