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TRX $0.3295 +0.52%
DOGE $0.0791 +0.24%
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LINK $11.93 -0.54%
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SUI $0.9747 -0.51%
XLM $0.1748 -1.18%
ZEC $1,228.84 +0.41%
AAPL $347.43 -0.13%
AMZN $248.53 -0.37%
GOOGL $321.54 -0.63%
MSFT $524.04 +0.52%
META $646.04 +0.35%
NVDA $211.79 -0.34%
TSLA $373.01 -1.36%
SNDK $1,245.48 -1.39%
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og

OG in the cryptocurrency field usually refers to "Original Gangster," used to describe those pioneers and early supporters who were involved in the early stages of Bitcoin and blockchain technology. These individuals are often regarded as having played a significant role in the development and popularization of cryptocurrency, respected for their contributions in technology, investment, and community building. OG can also generally refer to senior figures with rich experience and profound influence in a particular field.
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YZi Labs launched the first phase of the Atlas Scout program to assist the new generation of college student entrepreneurs in obtaining early support

According to official news, YZi Labs announced the launch of the first phase of the Atlas Scout program, recruiting four students from Stanford University, Yale University, the University of California, Berkeley, and the University of California, Los Angeles, to participate in early investment projects in the fields of Web3, artificial intelligence (AI), and biotechnology.The program aims to allow outstanding university students to gain early exposure to venture capital, participate in project discovery, preliminary research, due diligence, and investment judgment, and encourage them to organize entrepreneurial communities on campus and explore investment opportunities. YZi Labs will provide a maximum of $1 million in intended investment for related investment opportunities in this program and open its ecosystem network composed of over 300 portfolio companies.YZi Labs stated that many potential entrepreneurs often begin their explorations in laboratories, open-source projects, campus entrepreneurial organizations, and technology communities before entering traditional financing channels, and their peers who learn and work with them usually discover their potential earlier. The Atlas Scout program hopes to leverage students' own campus networks to help these early entrepreneurs obtain capital, mentorship, and industry resources. Eligible entrepreneurial teams will also have the opportunity to connect with YZi Labs' EASY Residency program or further discuss investment collaboration.The Atlas Scout program not only expands financing and resource channels for early entrepreneurs but also allows participating students to accumulate venture capital experience through practical projects, enhancing their project evaluation, founder communication, and investment judgment skills.YZi Labs stated that Scouts can independently carry out campus activities based on their interests, such as organizing technical exchanges, gathering entrepreneurial teams, or discovering potential investment projects, while receiving guidance and ecosystem resource support from YZi Labs in the process. The program aims to establish connections before entrepreneurial projects gain widespread attention, allowing initial ideas on campus to have the opportunity to develop into actual projects, while cultivating a new generation of investors who can identify technological trends and entrepreneurial potential earlier.

Information Technology "15th Five-Year" Plan: By 2030, the national blockchain network will be basically completed

On October 23, the Central Cybersecurity and Informatization Commission issued the "National Informatization 14th Five-Year Plan." The plan proposes that by 2030, significant progress will be made in our country's informatization, with its role in promoting Chinese-style modernization becoming more prominent. The information infrastructure will consolidate and expand its leading advantages, a three-dimensional network system encompassing land, sea, air, and space will be basically formed, a new generation of communication networks will be fully established, the commercial use of the sixth generation of mobile communication (6G) will be launched in a timely manner, and the national blockchain network will be basically established, with intelligent internet development accelerating.The plan also states that the innovation capability of cybersecurity technology will be significantly enhanced, the technological innovation system will be more complete, and breakthroughs will be achieved in key core technologies in key areas. The cybersecurity industry ecosystem will prosper and develop, with deep integration of digital technology and the real economy, and the comprehensive strength of cybersecurity enterprises will be significantly enhanced. The level of digital, networked, and intelligent applications in economic and social development will reach a new level, empowering economic and social development and significantly improving governance capabilities. Cybersecurity guarantees will be solid and powerful, the legal and regulatory standards system will be more complete, and the concept of a community with a shared future in cyberspace will be deeply rooted in people's hearts.

first_img Reports from Google and others: Southeast Asia's generative AI users reach 243 million

Cailian Press reported on October 22 that a joint report released by Google, Temasek, and Bain & Company shows that the number of generative AI users in Southeast Asia reached approximately 243 million in less than three years, accounting for 58% of the local labor force, with a penetration rate about four times that of mobile internet. Only 1% to 2% of the local population pays for personal AI services.Florian Hoppe, a partner at Bain & Company, stated in an interview that businesses can achieve AI commercialization through e-commerce, digital advertising, and other operations without having to rely entirely on consumers paying directly. They can also use AI to improve e-commerce conversion rates and handle routine customer inquiries. The report noted that about 80% of customer inquiries on the e-commerce platform Shopee are handled by AI chatbots, with the cost per customer contact decreasing by 30% year-on-year. In early cases, companies that applied AI saw a year-on-year increase in conversion rates of 10%, with the average spending per order increasing by as much as 75%.The report also stated that the total value of goods traded in Southeast Asia's digital economy is expected to grow by 17% year-on-year to $368 billion by 2026, and is projected to exceed $1 trillion by 2035. Among these, the online travel market is expected to grow by 10% to $59 billion, online media revenue is expected to grow by 22% to $44 billion, and the ride-hailing and food delivery market is expected to grow by 15% to $40 billion. The total value of goods traded in Southeast Asia's e-commerce market is projected to be $226 billion in 2026, an 18% year-on-year increase.

first_img Alliance co-founder Imran Khan comments on a16z's transformation: Crypto experience can be transferred to cutting-edge technology

Imran Khan, co-founder of Alliance, expressed his views on a16z crypto's shift towards cutting-edge technology. He stated that he is always grateful to a16z for leading the investment in Coinbase in 2013, which provided external validation for the crypto industry; Marc Andreessen's 2014 article "Why Bitcoin Matters" in The New York Times pushed him to shift his career towards Bitcoin.Imran Khan mentioned that at that time, very few institutions or funds were willing to publicly support crypto, and a16z and USV were two funds that took on brand risk. Since then, a large number of talents have entered and reshaped the crypto industry. He believes that the current infrastructure development in artificial intelligence has a practical connection with Bitcoin mining infrastructure and the talent flowing from crypto to artificial intelligence.He stated that the shift from crypto to cutting-edge technologies such as robotics, biology, artificial intelligence, energy, and computing power means that the talents and capabilities built in crypto over the past decade can be applied to a broader range of fields. He cited the resistance faced by data centers as an example, noting that crypto also faced opposition, but traditional finance has now accepted crypto to a certain extent. He believes that cutting-edge technology is the next generation of technology builders, and the world often recognizes the importance of new technologies many years later.
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