Month: August 2024

Popular Project Analysis: Polygon

On August 22, Polygon announced that it will upgrade its mainnet on September 4 and migrant its native token Matic to POL. Subsequently, several major exchanges announced their support for this upgrade, delisting Matic and listing POL. As a result, Polygon has once again come into the public eye. Over the past year, BTC rose from over $20,000 to over $70,000 at its peak, while Matic increased from over $0.50 to $1.20 but has recently fallen below $0.50. As an Ethereum Layer 2 solution dedicated to addressing scalability issues, Polygon’s past achievements are undeniable. Even during the bear market of 2022 and 2023, it saw the second-largest increase in developer numbers just after Ethereum.

So, let’s take this opportunity to study Polygon once again. Continue reading “Popular Project Analysis: Polygon”

Paralism Secures Another Fundamental Patent from China National Intellectual Property Administration

Dear Partners and Community Members,

We are thrilled to announce that another fundamental patent of Paralism’s parallel blockchain technology, titled “ Semantic Solidification and Derivation Method Based on Public Predicate Logic,” has been officially granted by the China National Intellectual Property Administration, under patent number CN114372471A.

This patent supports the definition and derivation of various types of assets, enabling the integration of Web 2.0 data and value into the blockchain network. This breakthrough allows the blockchain to express a wider range of asset types. It marks another significant technological advancement for Web 3.0 infrastructure, greatly enriching the number and variety of assets within the Web 3.0 ecosystem, laying a solid value foundation for its development. Continue reading “Paralism Secures Another Fundamental Patent from China National Intellectual Property Administration”

Paralism’s Another Fundamental Patent for Parallel Blockchain Technology Granted by European Patent Office

Dear Partners and Communities,

We are delighted to announce that Paralism’s patent, “Method for accumulating and co-assembling uniform data” has recently been granted by the European Patent Office, with the patent number 3503495.

As the key support for Web3 infrastructure, blockchain technology’s scalability and parallelism play a crucial role in the large-scale development of Web3 applications. This patent by Paralism addresses the issue of data synchronization efficiency across chains, inherently providing cross-chain capabilities and bringing L1 scalability and performance comparable to that of L2. Continue reading “Paralism’s Another Fundamental Patent for Parallel Blockchain Technology Granted by European Patent Office”

Overview of Web3.0 Fundraising in July

In July 2024, Web3 related projects secured a total of 113 funding rounds, with the total amount raised exceeding $1.1 billion USD, almost equals to the monthly average of the first half of the year. However, compared to July of the previous year, both the funding amount and the number of rounds has significantly increased. In fact, since last November, the overall fundraising environment for the Web3.0 market has notably improved, maintaining a relatively stable state this year.

Continue reading “Overview of Web3.0 Fundraising in July”