According to Foresight News, at the "FORESIGHT 2024" annual summit, Asa, head of io.net Asia Pacific, said in a roundtable forum titled "Exploring the Solana Ecosystem Explosion Point and the Next Alpha," "In the DePIN field, Solana is currently the only network that is ready to use the DePIN project. The main reason is the low cost, which allows startup teams to experiment at a lower cost, giving small teams room to grow. In addition, Solana is very fast, and the Solana Foundation can provide good support for startup projects, so if you are building a DePIN project, be sure to build it on Solana."
The annual FORESIGHT 2024 summit was held at the Hong Kong Ocean Park Marriott Hotel from August 11 to August 12. The full live broadcast is now available on the Foresight News official website. This summit is co-organized by Foresight Ventures, Foresight News and The Block. It aims to provide a stage for communication and collision of ideas for global Web3 builders, and to build a bridge connecting the East and the West and bridging regional differences. We invited senior political officials, industry leaders, heads of traditional institutions, top VC investors and representatives of popular projects to discuss dozens of hot topics such as the new chapter of Web3 in Asia, the strategic opportunities and challenges of institutional entry, the regulatory context under the background of compliance, the new trend of global Web3 investment, the Bitcoin ecosystem, AI+Crypto from narrative to application, large-scale application of ZK, and social networking.