Token2049 will be held on September 18-19, 2024, at the MARINA BAY SANDS Convention Center in Singapore, with over 500 side events focusing on ecosystems such as ZK, RWA, Gaming, Meme, BTC, etc. More than 50,000 crypto enthusiasts will gather in Singapore to celebrate. On September 19, 2024, DP Capital, in collaboration with Zypher Network, Hedwig Labs, Polyhedra, and io.net, will host an event themed 'NEXTGEN WEB3: Building With ZK & Staking', which has received strong support from the well-known Web3 media ChainCatcher and the first Web3 asset data platform RootData, aiming to bring together top ZK and Staking project parties in the industry to jointly explore future development trends and opportunities in the ZK and Staking tracks.
After a brief introduction by the host, Asa, the head of io.net for the Asia-Pacific region, introduced the current situation and advantages of io.net.
He mentioned 'GPUs Are The New Oil', fully affirming the blue ocean effect of GPUs. He stated that IO.net is addressing the GPU shortage by aggregating GPU supplies from multiple sources onto one platform, allowing users to access nearly unlimited computing power at a fraction of the cost of traditional cloud providers. He emphasized that IO.net's four major advantages are flexibility and scalability—users can choose the best GPUs in the world, such as A100s and H100s with NVLink, and customize their location, security level, and connection speed. You can even choose to rent for just one hour; efficient accessibility and speed—deployment on io.net is almost instantaneous, unlike AWS (which may take weeks to deploy); unrestricted access—io.net does not require KYC or lengthy registration processes. Anyone can join at any time; and extremely low costs—by utilizing other idle GPUs, io can offer more competitive prices than centralized monopolistic companies. The prices on io.net are 90% lower than competitors.
Wes Finley, the Head of Community at Polyhedra, then introduced the audience to Polyhedra's innovations and future developments with zk.
He mentioned that verifiable computation, privacy, and scalability are the three core aspects of zero-knowledge proofs that have accelerated interest in zero-knowledge applications in web2 and web3. Interoperability, zk-rollup, digital identity, private payments, and zero-knowledge machine learning (zkML) are just a few areas that zero-knowledge will disrupt.
Built on research, Polyhedra Network continues to push the limits of performance, unlocking new use cases and exponentially improving existing systems. Products like zkBridge, Proof Cloud, Proof Arena, and the zk-based artificial intelligence supercomputing network (ZKJ Chain) offer users and the entire crypto market better choices than traditional solutions.
Zypher Network, also in the ZK track, extends how to use zk to help game developers solve the development challenges of on-chain games through the dilemmas of web3 gaming, as well as how to painlessly migrate web2 games to web3.
Amber, the CMO of Zypher Network, delivered a keynote speech on zk gaming, mentioning that 'Gaming is one of the best ways to onboard people into Web3.' However, fully playable on-chain games do not yet exist, as traditional games rely on centralized servers, leading to issues such as lack of transparency, no real ownership, and security concerns, while fully on-chain games have stagnated due to chain performance, the public transparency of on-chain information, and frequent transaction fees.
She suggested that most gameplay developed with zk components remains off-chain, but the verification of results and asset management might remain on-chain; Web2.75 games could be the ultimate solution for on-chain games. Zypher performs game logic calculations off-chain but uses zk proofs to verify results on-chain, helping developers build decentralized games without traditional servers through zkproof mining networks. This balances decentralization with practicality.
The 'Building With ZK & Staking' event was undoubtedly an extremely successful industry gathering, showcasing the latest advancements and market trends in zk and Staking technology, while providing attendees with a valuable platform to gain insights into industry dynamics, share practical experiences, and expand their cooperative networks. Attendees enjoyed a delicious buffet, participated in exciting panel discussions, and created a lively atmosphere! We thank all participants for their support in jointly advancing Web3! We have reason to believe that in the days to come, zk and Staking will continue to lead innovation in the web3 industry, injecting continuous vitality into the development of the crypto world.
About DP Capital
Founded in 2023, headquartered in Japan and Australia, DP Capital has invested over $20 million in DePIN, artificial intelligence, and real-world assets (RWA). DP Capital firmly believes that the digital economy is the core of the future, providing ecological investment throughout the full lifecycle of projects, supporting projects to realize their maximum potential with a global investment professional team and years of experience in the crypto market.
About ChainCatcher
ChainCatcher is a leading Chinese media outlet in the Web3 space, attracting over 1.2 million readers since its establishment in 2018, with an annual visit volume exceeding 1.8 billion times. Its partners include Binance, OKX, Scroll, Manta, Puffer Finance, Filecoin, HashKey, Solana, Metis, Mina, and others.
About io.net
io.net is a decentralized computing network that supports the development, execution, and scalability of ML applications on the Solana blockchain, combining one million GPUs to form the world's largest GPU cluster. DePIN.io.net aggregates GPUs from underutilized resources (such as independent data centers, crypto miners, and crypto projects like Filecoin, Render, etc.) to address this issue. These resources are combined in a decentralized physical infrastructure network (DePIN) that allows engineers to access substantial computing power in an accessible, customizable, cost-effective, and easy-to-implement system.
About Zypher Network
Zypher Network builds a universal data verification layer for game assets using ZK and AI technology, ensuring the security and verifiability of data through zk-proof mining incentives, enabling seamless migration of Web2.0 games to the blockchain ecosystem. By abstracting servers and employing its modular zero-knowledge proof technology, Zypher Network ensures public verification of each game asset's status while maintaining a good gaming experience. Zypher Network makes game deployment more flexible and efficient, hoping to bring innovative opportunities for on-chain gaming.
About Polyhedra Network
PolyHedra is the infrastructure for Web3 interoperability, using cutting-edge zero-knowledge proof systems to enhance Web3 interoperability. The Polyhedra Network uses deVirgo to implement zkBridge, providing trustless and efficient infrastructure for cross-chain bridges and data interoperability between various Web2 and Web3 systems. Polyhedra Network opens up design space for Web3 through highly scalable middleware, including ZK-NFT containers, DAO/DAC systems, and decentralized Web3 identities.
About RootData
RootData is a Web3 asset data platform that is the first to encapsulate on-chain and off-chain data of Web3 assets, with higher data structuring and readability, dedicated to becoming a trusted data layer for the Web3 ecosystem.
