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The list of the first batch of award winners for the Sun Yuchen Prize is now under public notice for 14 days, and the on-chain prize pool address has been credited with 10 million USD

According to official news from the Sun Yuchen Prize, the first batch of award winners has officially entered a 14-day public notice period starting September 19. The topics currently under public notice are questions number 305, 371, 381, 526, 866, and 1001, among which candidates for questions 305, 371, and 381 are formal verifiers, candidates for questions 866 and 1001 are mathematical problem solvers, and question 526 has candidates from both roles. The public notice information has been made available on the official GitHub candidate registration form, and the public can submit formal challenges.It is reported that the Sun Yuchen Prize is the world's first zero-trust decentralized academic reward mechanism based on a list of questions, with a maximum single-question prize of 1 million US dollars. On the day of its establishment, the first batch of 66 mathematical problems was announced, with the highest prize of 1 million US dollars awarded to the OpenAI research team in recognition of their solution and formal proof regarding the "existence and smoothness problem of the three-dimensional Navier-Stokes equations." At the same time, the prize operating organization also announced the on-chain address of the prize pool, which has already deposited 10 million US dollars. After the public notice period ends, the prize will be distributed in USDT (TRC20) or USDC (ERC20), and the winners will also receive certificates and medals.

Justin Sun announced the establishment of the "Justin Sun Award" and announced the first batch of winners, with the OpenAI team receiving the top prize of 1 million USD

The founder of TRON, Justin Sun, announced the official establishment of the "Justin Sun Award" and revealed the first batch of winners. This is the world's first zero-trust, decentralized academic reward mechanism based on a "problem list," with significant breakthroughs in fundamental disciplines and machine formal verification as the sole criteria for awarding, with a maximum prize of up to 1 million dollars for a single problem.Justin Sun stated that the award aims to initiate a new scientific incentive paradigm centered on machine verification, powered by human-machine collaboration, and driven by decentralized rewards, striving to create a Nobel Prize for the AI era.The top prize of 1 million dollars was awarded to the OpenAI research team in recognition of their completion of the "Existence and Smoothness of the Navier-Stokes Equations" solution and formal proof. Other awarded achievements include the Sandorff Conjecture, Erdős Disjoint Subset, and other problems, involving a total of 66 mathematical problems.It is reported that the "Justin Sun Award" is open to all contributors, with no identity restrictions; both humans and AI can win, but only the first completer of the listed problems will be awarded. The problem list and proof materials are publicly available on GitHub, and the prize is recorded on-chain. The award covers mathematical progress made from January 1, 2026, onwards; those who complete formal verification of previously solved problems afterward can also win.

hot_img Yushu Technology starts subscription, Meituan and Sequoia may become the biggest external winners, DJI misses out on approximately 3.7 billion yuan in floating profits

Yushu Technology officially launched online and offline subscriptions on August 10, with an issue price of 150.80 yuan per share. The total market value after issuance is approximately 60.993 billion yuan, with total fundraising of nearly 6.1 billion yuan, and the issuance price-to-earnings ratio is 219.23 times, significantly higher than the industry average of 38.56 times.Meituan holds a total of 9.65% of Yushu's shares before issuance through its three subsidiaries, making it the largest external institutional shareholder; Sequoia China holds a total of 7.11%, ranking second. Based on the issue price, the two institutions will receive substantial paper returns. Sequoia first participated in the capital increase in December 2019 with 15 million yuan, at which time the post-investment valuation was only 150 million yuan.A fund under DJI planned to invest 10.1286 million yuan in 2018 for a corresponding shareholding of about 17%, and completed the business registration, but chose to withdraw its investment in 2019. If this investment had been retained until now, the corresponding market value would be approximately 3.7 billion yuan based on the issue price. DJI did not explain the reason for the withdrawal, but in 2019, the company announced an anti-corruption notice, disclosing the handling of 45 employees suspected of corruption, which led to a complete halt of the investment department's work.Among other major shareholders, Jingwei Venture Capital holds 5.45%, Shunwei Capital holds 4.42%, and CITIC Securities holds a total of 4.49%. In terms of strategic placement, DeepSeek received 933,400 shares (subscription of 141 million yuan), and Shanghai Qishan Investment, a subsidiary of Tencent, received 903,300 shares. CITIC Securities, as the sole sponsor, will receive approximately 145 million yuan in sponsorship underwriting fees and will be allocated 808,900 shares through co-investment. Yushu also reminds that the issuance price-to-earnings ratio is significantly higher than the industry average, posing a risk of stock price decline. The deadline for payment for successful applicants is August 12.
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