Evening News | Uniswap Labs officially establishes a venture capital department; TONcoin Fund launches a $250 million ecosystem fund
GoPocket developers claim that ERC721R has a fatal bug, and the project team can still rug pull.Organizer: Zeyi, Chain Catcher
"What important events have occurred in the past 24 hours"
1. Computing Power Think Tank: In 2021, the number of digital collectibles sold in China was approximately 4.56 million, with a total value of 150 million yuan
The Computing Power Think Tank released the "2022 Digital Collectibles Research Report - NFT: The Divergent Path of Value Capture in the East and West." According to the report, in 2021, the total number of digital collectibles sold in China was approximately 4.56 million, with a total issuance value of about 150 million yuan. Currently, the main application areas for digital collectibles in China include cultural and creative fields, sports digital collectibles, and ticketing digital collectibles; in addition, digital insurance, digital education, digital research, digital social networking, and the metaverse are also derivative application scenarios for digital collectibles. (Source link)
3. Uniswap Labs officially establishes a venture capital department, having previously invested in 11 crypto startups
Uniswap Labs has established a venture capital department called Uniswap Labs Ventures, with assets directly sourced from Uniswap Labs' balance sheet. It will invest in cross-category web3 projects and startups focused on building blockchain infrastructure, developer tools, and consumer-facing applications, helping them build and scale in terms of strategy, product, partnerships, engineering, and design. It also plans to participate in the governance systems of MakerDAO, Aave, Compound, and ENS.
Before launching its venture capital department, Uniswap Labs had already invested in 11 startups and projects, including MakerDAO, Aave, Compound Protocol, PartyDAO, LayerZero, and the Ethereum developer platform Tenderly. (Source link)
4. Coinbase will increase transparency for new asset listings in Q2, has released a list of assets under consideration for listing such as ALEPH and ABT
Coinbase plans to increase transparency for new asset listings in the second quarter (from April 1, 2022, to June 30, 2022) and has released a list of assets under consideration for listing on Coinbase in Q2, including ERC-20 tokens on the Ethereum network such as Aleph.im (ALEPH), Arcblock (ABT), BiFi (BIFI), Realy (REAL), and nearly 50 other coins including SPL tokens on the Solana network like Apricot Finance (APT). (Source link)
5. GoPocket developer: ERC721R has a critical bug, and the project team can still rug pull
According to GoPocket core developer BenLaw's tweet, the ERC721R code segment has a critical bug. Due to the lack of restrictions on the refund receiving address, developers can exploit this bug to withdraw funds from the NFT contract during the restriction period of ERC721R, thereby bypassing the constraints of the protocol and achieving a rug pull. (Source link)
6. STEPN collaborates with renowned brand ASICS to launch virtual sneaker NFTs at Binance IGO
The well-known blockchain game STEPN will collaborate with the globally recognized brand ASICS to launch virtual sneaker NFTs at Binance IGO. A total of 1,000 limited edition STEPN NFTs will be released during this IGO, with each NFT priced at 0.5 BNB.
It is reported that this IGO will adopt the Binance NFT subscription mechanism, where users must maintain a minimum daily average BNB holding or lock specified NFTs indicated on the NFT sales page to subscribe for tickets to participate in this NFT sale. The more subscription tickets, the higher the chance of being selected. (Source link)
7. TONcoin Fund launches a $250 million ecosystem fund to support projects developed on TON
TONcoin Fund announced the launch of a $250 million ecosystem fund to support projects developed on The Open Network (TON). Investors in the fund include Huobi Incubator, Kucoin Ventures, MEXC Pioneer Fund, 3Commas Capital, blockchain startup Orbs, TON Miners, and Kilo Fund, aiming to deploy funds through incubation, investment, grants, hackathons, and educational projects. Benjamin Rameau, managing partner of TONcoin Fund, stated that they are currently incubating a DEX and NFT project.
TON was launched by Telegram in 2018, but the U.S. Securities and Exchange Commission later accused it of involving unregistered securities issuance in its ICO. Telegram ultimately settled with the SEC for $18.5 million in June 2020 and ceased participation in TON's operations. (Source link)
"What excellent articles are worth reading in the past 24 hours"
1. “How to Bring Web2 Growth Frameworks into Web3 Products?”
Traditional Web2 growth frameworks can serve as a practical guide for beginners and provide a proxy for how successful products grow. This article explores how Web3 founders and builders can use some Web2 growth frameworks to scale successful products, including designing growth models for Web3, formulating sustainable growth strategies for Web3, and building Web3 growth teams.
The Loot community may be the most creative, imaginative, and collaborative community within the NFT space. Over the past few months, it has continuously created a unique and rich ecosystem that is different from any other NFT project. While it may not be bustling, there are numerous innovations worth our attention. This article organizes the Loot ecosystem and looks ahead to its prospects and opportunities.
3. “LD Capital: A Comprehensive Overview of ZK Solutions All-Star Projects”
Privacy has always been regarded as one of the most valuable features in the cryptocurrency community, as most crypto asset holders do not wish for their assets and transaction records to be fully public. Among the various cryptographic technologies that provide privacy, Zero-Knowledge Proof (ZKP) technology is one of the most important. This article does not delve into professional cryptographic knowledge but provides a theoretical expression of zero-knowledge proofs to help readers roughly reconstruct the overall picture of zero-knowledge proof systems and their current development status.
