Evening must-read | Worldcoin’s source of value and ambition

1.Coinlist: Detailed explanation of Cosmos native L1 public chain Archway

Archway is a Cosmos native L1 blockchain that enables developers to capture the value they bring to the network through novel, developer-centric economics. click to read

2. Partner of Variant Fund: Web3 social network construction should prioritize assets or concepts

I see that there are two main construction methods for Web3 social networks: either assets first, or ideas first. An asset-first approach focuses on users' desire for profit, unlocking potential opportunities through digital ownership, putting money at the forefront of the platform. The function of financialization allows users to consume, collect and earn money within the network. click to read

3. A quick look at the key points of Hong Kong's new encryption policy this week

This week, Hong Kong has made frequent moves in the direction of encryption-related policies. Not only did the Securities Regulatory Commission hold a press conference on the 23rd to publish a summary of virtual assets, but it also published a number of guidelines related to cryptocurrencies in the Gazette yesterday. Various aspects such as retail transactions, stable coins, and money laundering have been further explained and explained. click to read

4. DCG announced the closure of TradeBlock: the end of an era?

Digital Currency Group (DCG) announced the closure of its TradeBlock company, citing the uncertainty of the regulatory environment for digital assets in the United States and the extension of the Crypto "winter"**. According to a recent Bloomberg report, the platform, which once provided trade execution, pricing and prime brokerage services to institutional investors, will cease operations on May 31, 2023. click to read

5. The source of value and ambition of Worldcoin

The popularity of chatGPT continued to heat up in the first half of the year. Many bloggers in the encryption circle began to update their prompt skills daily, and a lot of funds went to the AI field. In the first half of Web3, there are almost all kinds of short-term memes and various man-made hot narratives. There are very few innovative products, and Worldcoin can be regarded as one of them. This project has been quite popular recently, and I personally think it is mainly because it has the halo effect of Sam Altman. click to read

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