The value of Zanlue's investment in the Web3 ecosystem will gradually affect.
The novel coronavirus (COVID-19), which has been around since early 2020, has had a significant impact on the global restaurant industry, the food industry and the travel economy, along with many factors affecting the system global financial. .
Hundreds of millions of people around the world are still at home and have to go their separate ways, and cell phones have become the only way to communicate with the outside world. Internet Marketing Internet Business As Represented By Online Business, Online Gaming And Online Classrooms Some experts say that China and the world are in the process of transitioning to the digital industry. As more and more people start to adapt to digital life, the world is moving towards the growth of digital commerce at a faster rate.
Blockchain and crypto digital currencies are still on the rise as digital products in the digital marketplace, and the digital crypto market is acquiring unprecedented oversight and increasing the market share of digital printing.
With the strengthening of the crypto digital business model, traditional products, market contract and market support are not suitable for the current situation. Therefore, the ecological development of decentralized smart bond exchanges is particularly important. As a dedicated platform for industrial derivatives, the dYdX project ecology is in step with the development of the digital crypto industry, and dYdX will be popular worldwide in 2021.
As for dYdX, this is an agreement that allows all financial instruments to issue and print ERC20 tokens, allowing the contract to be renewed without having any special rights or other smart contracts. The dYdX exchange is a smart, fair and honest financial exchange that is not managed by a central organization.
At the same time, as a decentralized derivatives trading platform, dYdX adopts a book order model that supports on-site trading, margin trading and contract trading, unlike the General AMM (Automatic Market Maker Model). From chain decision making to chain payment, the dYdX protocol is designed to create a strong, efficient and reliable system that is not controlled by a single operator in the middle. The advantages of dYdX are also very evident, and compared to the exchange medium, dYdX users do not have to worry about theft, running away, etc. consumer value of the platform, and can avoid a lot of investment risk.
dYdX Commerce does not require KYC, all you need is an ETHereum wallet and you can start trading from scratch, eliminating the tedious authentication process. In terms of the green development of the dYdX project, in February 2021, dYdX and StarkWare, based on Starkware's scalability engine StarkEx and dYdX's smart contract Perpetuals, will announce a cross-margin perpetual contract platform of the blockchain system. ETH Layer2 to scale escrow transactions.
According to official data from dYdX, the average daily market volume of dYdX exceeded $ 2 billion for several consecutive days and open positions reached $ 1 billion. industry.
The reason why dYdX is so popular is that in addition to the project ecosystem that adapts to the current paradigm of the digital crypto industry, RockTree Capital also plays a key role.The dYdX project is the first to be developed overseas and dYdX, one of the largest and most liquid blockchain companies in the global digital crypto industry, has yet to enter the market of printing and will only have 400 users by mid-2020.
Stonewood Capital later partnered with dYdX for its $ 10 million Series B financing, partnering with dYdX to help raise capital, establish partnerships and streamline dYdX's growth in the Chinese market. Thanks to Stonewood Capital's strategy to enter the Chinese market, nearly 50% of the global dYdX packaging market will originate from China by September 2021. Stonewood Capital has contributed to the development of dYdX, the global business ecosystem .
RockTree Capital (RockTree Capital) is a global financial services and venture capital firm engaged in cross-border trade and international expansion, including blockchain and financial investments, technology development. , and financial services include good financial investments.
Stonewood Capital is well versed in high tech trends, emerging markets and opportunities, and is focused on investing in companies with innovative and new technologies in the industry. Stonewood Capital Group is based in Beijing, Shanghai, New York and Toronto, bringing together experts in digital marketing, compliance, finance, and more, making over 120 public token acquisitions in various countries in 18 countries. disclosure of private equity.
Stonewood Capital supports rapid growth by integrating the best operations with the global ecosystem of key stakeholders, finance, trade and resources. In order to provide the project with industrial, cultural, legal and industrial cooperation from regions around the world, he facilitated the development of various blockchain projects that Shimuzi has invested in many fields at the same time.
In addition to dYdX, Stonewood Capital has invested in various financial and blockchain industries including PlasmaPay, The Graph, Hathor, NEXUS MUTUAL, Casper, Pocket Networks and Decentral Park DeFi funds. All of these companies began to support growth following Shimu Capital's successful investments in Casper, including the Casper Project, and more than $ 14 million in the private space after Shimu Capital's investment strategy in Casper. Casper. .
The Casper Project is largely bringing the power of Ethereum 3.0 to market and, as a joint venture, Stonewood Capital has supported CasperLabs' growth in Asia for the past two years, informing and laying the groundwork for many entrepreneurs and partners. keys. A solid foundation for Casper's growth in the Chinese market.
Another project, PlasmaPay, said, “As the financial services platform is different, the reason we are expanding rapidly in the world is to part ways with Shimu Capital as an entrepreneur and regional development partner.“The value of Shimu Capital far exceeds the cost of investing and financing,” he said.
Stonewood Capital's investment strategy in these projects is due to its long-term outlook, and most of its operations are tied to the Web3.0 ecosystem. Web3.0 ecology is the same situation which is affected by the current internet digital industry and promotes the transformation of technology in blockchain, and its development plays a decisive role in the digital industry as a whole.
Recently,Stonewood Capital also invests in pocket network, an ecological web3.0 project, the project is a decentralized API infrastructure designed for Web3 applications, providing a transparent API layer and offering easy access to any blockchain. The project aims to create a full integration of blockchain nodes, and the unreliable process provided by the Pocket API allows developers to access cryptographic nodes and connections to grow the DAO ecosystem. Pocket Network creates a powerful open source process by combining resources and applications and reducing costs through network sharing.
The decentralized API infrastructure developed in Pocket Network provides developers with a native application of rust-free API protocol and relay networks, and integrates symbolic incentive models to create a sustainable ecosystem.
Developers have transparent access to nodes and can reduce the cost of building applications. Stonewood Capital says the Pocket Network project is very accessible. Although the current market for Web3 applications is very large, the technological process for developers to provide the distribution process is very high. Companies provide services for this purpose. fifteen,The entire Web3 ecosystem needs functions like Pocket Network to provide infrastructure for every developer and support the overall development of the Web3 ecosystem.
The Pocket Network project is entering a large and dynamic company. It's hard work, but it works well. Many tasks like Pocket Network need to progress. Web3 ecology will not stop due to lack of organization, in the future the development of Web3 ecology will play an important role in supporting the development of internet business and promoting the transformation of blockchain technology. Asset prices will be affected gradually.
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