Don't miss out! Check out the important project updates announced during the TOKEN2049 conference.

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1 year ago

Compilation: flowie, ChainCatcher

On September 18th, the highly anticipated annual Web3 summit TOKEN2049 officially kicked off in Singapore, attracting a gathering of global Web3 experts and bringing intensive highlights to the long-dormant crypto market.

During the conference, altcoins experienced a general rise, and many projects chose this time to announce important strategic plans. ChainCatcher provided a brief summary of the latest developments for some important projects.

Solana Plans to Release Next-Generation Web3 Smartphone "Solana Seeker" in 2025

Solana Mobile officially unveiled detailed information about the next-generation Web3 smartphone, Solana Seeker. Originally named "Chapter Two," the device is scheduled for release in 2025 and will offer multiple improved features.

Seeker has received over 140,000 pre-orders, and the Solana mobile development community has actively embraced Seeker, developing a large number of exclusive dApps and features for the device. Key features of Seeker include a built-in self-custody Seed Vault wallet, Solana Mobile dApp store, Seeker Genesis Token (a soul-bound NFT), and upgraded hardware configuration.

Solana co-founder Anatoly Yakovenko stated that Seeker will offer a higher standard than Saga at a more affordable price, aiming to become the most defining Web3 mobile device next year.

Polygon to Introduce New Features and Tools to Lower Development Barriers

Polygon co-founder Sandeep Nailwal delivered a speech titled "The Age of Aggregation" at the TOKEN2049 conference, delving into the current state and future trends of the blockchain industry.

Sandeep also revealed new features and tools that Polygon is set to introduce, aiming to further lower development barriers and enhance user experience.

Berachain Mainnet and Token Set to Launch by the End of 2024

Vance Spencer, co-founder of Framework Ventures, announced at the Singapore Token 2049 that the Berachain mainnet and token are scheduled to launch by the end of 2024.

Spencer believes that Berachain's POL consensus mechanism can introduce a completely consistent blockchain ecosystem by redirecting a portion of the profits back to ecosystem participants: when users stake BERA, they must direct the liquidity they receive back into these primitives. This ensures that all fees remain within the ecosystem. They all flow to BGT and BERA holders, which is what the market desires.

OKX Unveils Plans for a Comprehensive Upgrade of the OKX Wallet

Haider Rafique, Chief Marketing Officer of OKX, announced the latest developments in the upgrade of the OKX wallet during the fireside chat at Token2049 in Singapore.

The improvements primarily include a new interface, expanded token discovery functionality supporting millions of cryptocurrencies and collectibles, and support for accessing over 100+ public chains and thousands of DeFi products.

As a unified self-custody portal, the revamped OKX wallet provides an on-chain experience across more than 100 networks, including mainstream public chains such as Bitcoin, Ethereum, Solana, and TON. In this user experience update, transparency and security remain crucial, with risk assessments conducted for over 1 million tokens and thousands of DeFi products. OKX Wallet's commitment to security was recently recognized by the leading global Web3 security company CertiK, which rated it as a top-tier on-chain wallet in the global network security field.

Bitget Becomes Official Partner of LaLiga, the Spanish Football League

Bitget announced during the Token2049 event that it has become the official partner of LaLiga, the Spanish football league.

Bitget stated that this multi-year partnership is valued at tens of millions of dollars and signifies Bitget's strategic expansion in the East Asia (EASTERN), Southeast Asia (SEA), and Latin America (LATAM) sports sectors.

Bitstamp Plans to Expand Business in Australia, Robinhood Acquisition Expected to Complete by 2025

Cryptocurrency exchange Bitstamp announced its strategic expansion into institutional business in Australia in 2024.

Bobby Zagotta, Global Chief Business Officer of Bitstamp, stated at the Token2049 summit in Singapore that the Asia-Pacific region has become a key development area for the company, with the Asian business accounting for 20% of the group's global revenue, while the European market contributes 65%.

Zagotta emphasized that leveraging its global operational experience, Bitstamp is poised to provide differentiated services to institutional clients in Australia. Prior to this announcement, Robinhood agreed to acquire Bitstamp for $200 million in cash, with the transaction undergoing regulatory approvals in multiple jurisdictions and expected to be completed in the first half of 2025.

Zagotta pointed out that this acquisition is expected to bring in a significant amount of retail trading volume for Bitstamp, significantly enhancing market liquidity.

Parallel Announces New 3D Shooter Game "Tau Ceti," Planned for Open Testing in 2025

The development team of the Ethereum NFT card game Parallel announced a new 3D first-person shooter game project, "Tau Ceti," at the Token2049 conference in Singapore.

This game will allow players to battle on a sci-fi planet using their Parallel NFT avatars. Unlike the upcoming AI Center game Colony to be launched on the Solana blockchain, Tau Ceti will return to Coinbase's Ethereum Layer 2 network Base.

The game is planned for early alpha testing on the PC platform in 2025, with potential future releases for mobile and console versions. The Parallel team emphasized that while developing Tau Ceti, their focus remains on providing meaningful updates for the TCG and Colony Alpha versions.

IoTeX and Polygon Jointly Initiate Multi-Chain Interoperable DePIN Layer Construction

At the "R3al World" DePIN-themed summit of Token2049 in Singapore, IoTeX's Co-Founder Raullen and Polygon's Co-Founder Nailwal jointly announced the launch of the DePIN layer construction supporting all chains.

This DePIN layer will be launched with the combined support of IoTeX 2.0's modular platform and Polygon's blockchain aggregation layer AggLayer. This collaboration will provide better cross-chain communication and liquidity expansion for projects integrating the DePIN module on IoTeX, allowing users to interact on their chosen chains.

Parallel EVM Public Chain Artela Announces Mainnet Launch in Q4

At the Token2049 event in Singapore, Artela announced that its mainnet will go live in the fourth quarter of 2024 and unveiled its development roadmap.

After the mainnet launch in Q4 2024, Artela plans to initiate the initial community airdrop, announce the first batch of ecosystem projects on the mainnet, and commence token delegation for validator nodes.

In the first half of 2025, Artela plans to complete the parallelization of EVM and launch the Artela Frontier developer incubation project, as well as the second phase of the community token allocation plan.

In the second half of 2025, Artela will fully parallelize its stack, modularize its core innovation Aspect, and introduce innovative ecosystem applications with EVM++. Subsequently, it will enter the third phase of the community token allocation plan.

TOKEN2049 Launches Decentralized Artificial Intelligence Association DAIS

During the TOKEN2049 conference, an important announcement was made – the launch of the decentralized artificial intelligence association DAIS, aimed at promoting secure and beneficial artificial intelligence by fostering collaboration among organizations working in the emerging decentralized AI ecosystem.

With the support of founding members CETI Al, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey, and Lumerin, the non-profit DAIS will help unite the industry to overcome capital, engineering, policy, and public education barriers, enabling better competition in the AI arms race against centralized models. DAIS believes that artificial intelligence must be open and decentralized to serve humanity, rather than serving the interests of a few tech giants.

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