#Web3 Developer in 2024

[hackeocafe]

Web3 Developer in 2024 Roadmap: Solidity, Smart Contract, and Blockchain Development [Full Course]

Start learning how to become a blockchain developer. In this course, you'll understand the concepts of blockchain technology and smart contracts. You'll create your own wallet, learn how to develop and deploy your own smart contracts, and build a portfolio app to showcase the work you've completed throughout this course.

Begin by understanding the concepts of web3, blockchain, and smart contracts. We'll then delve into the significance of wallets and teach you how to create your very own MetaMask wallet. In the subsequent section, we'll deploy and construct our own smart contracts. Deploy your own ERC20, ERC721, and ERC1155 smart contracts, as well as other pre-built smart contracts. The final section covers using the smart contracts you've deployed. You'll develop a portfolio-like application and create mini-projects that interact with and utilize those contracts through a frontend app.

[intelisync]

2024 Guide to Liquid Restaking: Everything Beginners Should Know

The advent of liquid restaking is significantly altering the dynamics of the DeFi ecosystem by allowing stakers to reallocate their assets across multiple protocols without the need to un-stake. This innovative approach enhances both liquidity and flexibility, enabling users to maximize their staking rewards by participating in several staking opportunities simultaneously. By diversifying staking activities, liquid restaking mitigates risks associated with exposure to a single protocol and enhances overall security. It also improves liquidity, making it easier for users to trade and transfer their restaked assets, a flexibility not afforded by traditional staking methods.

Liquid restaking's seamless integration with DeFi platforms facilitates the use of staked assets in various financial products, thereby opening up a plethora of innovative use cases, such as collateralized lending and synthetic asset creation. This integration supports the decentralization ethos of blockchain technology by allowing more participants to engage in staking without the constraints of locked assets. As the DeFi sector continues to evolve, liquid restaking is poised to become a foundational component, driving greater innovation and user participation.

EigenLayer exemplifies the benefits of liquid restaking by enabling users to maximize their staking rewards while securing multiple blockchains. This approach not only enhances capital efficiency but also fosters new opportunities within the DeFi space.

For those looking to leverage these advantages, Intellisync provides advanced liquid restaking solutions, ensuring your assets remain accessible and continuously productive. Join the Intellisync revolution today and optimize Learn more....

[belthainfotech]

Get digital solutions at Belthainfotech, including web/app development, IT services, Web3, gaming, and blockchain.

Discover the strength of Belthainfotech's diverse virtual offerings designed to take your on line presence to new heights. Our knowledge spans throughout website development, IT answers, app development, and current Web3 offerings, making sure a seamless virtual revel in in your business. Dive into the arena of immersive gaming with our game improvement services, explore the capacity of blockchain generation, and unleash creativity with our captivating photo designing solutions. Elevate your logo with Belthainfotech and free up infinite possibilities inside the virtual realm.

[groupfazza]

حمدان بن محمد: دبي ملهمة وسبّاقة في تصميم المستقبل وتشكيله ..

سجل سمو الشيخ حمدان بن محمد بن راشد آل مكتوم، ولي عهد دبي نائب رئيس مجلس الوزراء وزير الدفاع رئيس المجلس التنفيذي لإمارة دبي، في آخر تدوين لسموه عبر حسابه في «إكس» 🔻

نرحب بضيوف مهرجان دبي للذكاء الاصطناعي والويب 3 الأول في دبي مدينة المستقبل الذي تنطلق أعماله اليوم.. نرحب بـ 6000 مشارك و500 مستثمر وما يزيد على 100 دولة من جميع أنحاء العالم..

العالم يتطور بسرعة هائلة.. وعلينا التحرُّك بنفس سرعة التطور التكنولوجي لنكون سبّاقين في تبني تطبيقات الذكاء الاصطناعي لخدمة مصالحنا الوطنية..

نحن هنا اليوم لتخيّل الإمكانيات الكبيرة للذكاء الاصطناعي.. ولرسم مستقبل قائم على الذكاء الاصطناعي.. ولتعزيز النمو الاقتصادي الرقمي وتحفيز استثماراته في منطقتنا..

دبي ملهمة وسبّاقة في تصميم المستقبل وتشكيله.. وبرؤية صاحب السمو الشيخ محمد بن راشد آل مكتوم وتعاون أبرز العقول والقيادات العالمية في هذا المجال لا حدود لما يمكن إنجازه في دبي التي نريدها عاصمة عالمية للاقتصاد الرقمي.

________________

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, in his latest tweet on his «X» account 🔻

A warm welcome to all guests of the inaugural Dubai AI and Web3 Festival, starting today in the city of the future, Dubai. We are honored to host 6,000 participants, 500 investors, and representatives from over 100 countries.

As the world evolves rapidly, it is important that we match the pace of technological development to proactively harness artificial intelligence for our national interests.

Today, we gather to explore the potential of AI, envision a future shaped by this technology, and foster digital economic growth in our region.

Inspired by the vision of @HHShkMohd and driven by leading global minds, Dubai is committed to shaping a future where it stands as the global capital of digital economy.

Wednesday, 11 September 2024 الأربعاء

[harinibw]

Shytoshi Kusama, the pseudonymous lead SHIB developer, announced another public appearance on X, following his presentation at a major Web3 event in Kyoto, Japan. Kusama’s concealed identity and distinctive attire, including black clothing, two masks, a hood, and a katana, captivated the SHIB community at the IVS 2024 conference. The SHIB army has been buzzing with photos and videos from the event. Kusama expressed gratitude to the IVS 2024 organizers and SHIB fans, announcing Mumbai as his next destination. While a “meet and greet” in Mumbai remains unconfirmed, fans eagerly await further appearances in places like Dubai, California, and Delhi. The community’s enthusiasm highlights the growing influence of the SHIB project. Meanwhile, Shiba Inu (SHIB) saw a 15.14% surge in value over the last 24 hours, raising its market cap to $9.37 billion and ranking it 13th by market cap. Trading volume also rose by 28.02%, indicating increased investor interest.

[vophuocthien]

Top 5 AI Meme Coins for 2024

Explore the most promising AI-driven meme coins of 2024. We've curated a selection of top AI meme coins for you to consider investing in this year. Uncover their unique features and more in this article.

The AI Meme Coins Trend

Artificial intelligence (AI) is rapidly permeating various sectors, from technology to blockchain. This expansion into the crypto world has been notably well-received, bringing a fresh perspective to the market. AI's integration with meme coins is now captivating even the most experienced traders. 

Unlike Dogecoin and Shiba Inu, which have faced substantial criticism, this emerging trend in AI meme coins is generating positive buzz and substantial excitement. Analysts believe that merging AI with meme coins could potentially transform the industry.

AI enhances user experience, scalability, and blockchain security, drawing significant interest from the crypto community. AI crypto tokens are now widely adopted for diverse applications such as portfolio management, decentralized marketplaces, and blockchain governance.

Let’s delve into the top five AI meme coins making waves in 2024:

1. BUSAI: A Panda Powered-Meme Project 2024

First and foremost, you can't overlook BUSAI, an innovative digital asset built on the Solana blockchain, distinguishing itself as a premier AI meme coin in 2024. 

The project is designed to integrate artificial intelligence (AI) with blockchain technology, focusing on stimulating AI development and fostering creative content creation within a vibrant community. BUSAI’s unique approach and robust infrastructure position it as a promising investment opportunity this year.

Currently, the BUSAI community is buzzing with excitement and experiencing a FOMO frenzy due to numerous pre-listing projects, allowing everyone to hunt for tokens for free. Additionally, there are two presale rounds, offering a golden opportunity to purchase tokens at lower prices before the anticipated price surge upon listing.

2. Arbdoge AI: A Community-Driven Revolution

Arbdoge AI, the most ambitious project within the Arbitrum ecosystem, stands out for its community-centric approach. Unlike many other ventures, it is not funded by venture capitalists nor does it allocate shares to a specific team. Instead, all tokens are equitably distributed among community members, marking a bold move in the crypto space. 

The dedicated team behind Arbdoge AI is committed to collaborating with the community to develop a comprehensive suite of products leveraging artificial intelligence and Web3 technology.

3. KAI: The Crypto Cat's Comeback

KAI, a former feline-themed cryptocurrency, is making a playful yet strategic return to challenge major market players. The project blends humor with real-world utility, offering staking rewards and business opportunities. 

4. Byte: AI Memecoin With Cryptonote Protocol

Bytecoin leverages the Cryptonote protocol for private transactions, prioritizing user privacy. Transactions occur on a decentralized Bytecoin blockchain, enabling direct user-to-user transactions without intermediaries, maintaining participants' anonymity.

5. Turbo: Once an AI-Based Meme Coin for 2023

Turbo Coin is designed for rapid and seamless transactions, living up to its name with fast processing speeds within its blockchain network. The technology ensures scalability and quick transaction verification through an efficient consensus mechanism.

Turbo Coin may introduce the Lightning Network as a Layer 2 solution for real-time micropayments, enhancing speed and usability. In the competitive crypto market, Turbo Coin aims to provide a fast and reliable payment system for all users.

Source: Compiled

The BUSAI Official Channel: Website | Twitter | Telegram 

[bella1995]

Is NFT dead in 2024?

In 2023, the NFT market showed signs of vitality. Despite a smaller scale, there was still significant sales activity in the NFT market. According to NFTGo data, the transaction volume in 2023 was about 4.83 million ETH, a roughly 37% decrease year-over-year, with the highest transactions in the first quarter and a gradual decline afterward.

Thus, in 2024, we can expect to see more NFT products characterized by being small-scale, diverse, affordable, highly prevalent, and blending virtual with real, enabling consumers to participate in the NFT domain and Web3 ecosystem in a simple, inexpensive manner.

If you are the one who is interested in NFTs and want to know more about how we can create NFTs? how it works? how we can earn money through it etc. then visit NFT development company now!

[sahilcidfaq]

CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startups

Web3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024. This figure reflects a significant investment trend, with $1.4 billion raised in the third quarter alone.

Investors are increasingly targeting emerging markets at the intersection of blockchain and artificial intelligence (AI). Projects focused on decentralized blockchain infrastructure have also recently attracted substantial capital flow.

However, despite these promising statistics, securing funds for Web3 startups is no simple feat. As a Web3 journalist, I have observed the challenges in this dynamic landscape firsthand. Conversations with founders and investors reveal a mix of potential and uncertainty.

There is no doubt that startups are emerging with innovative concepts. Yet, they face an investment environment that demands more than just a compelling pitch—it requires strategic precision, robust fundamentals, and a clear, executable vision.

Building a strong foundation

Every great Web3 startup begins with a rock-solid foundation. According to Hao, building a solid foundation is more than a preliminary step—it is a critical determinant of a startup’s potential success. Hao emphasizes that this foundation rests on three fundamental pillars: team, technology, and business model.

“A strong foundation for a Web3 startup hinges on assembling a visionary, skilled team, developing innovative and secure technology, and crafting a business model that leverages blockchain’s decentralization,” Hao explains.

This holistic approach goes beyond mere technical capabilities, focusing on scalability, real-world impact, and creating a unique value proposition that captivates both users and investors.

Central to a startup’s foundation is the ability to tell a compelling story. According to Hao, a powerful narrative combines the mission with an engaging story about how the project solves an urgent problem in an innovative way. This approach is not merely about marketing—it reflects a profound understanding of the problem and presents a visionary solution capable of transforming existing paradigms.

When asked about the importance of tokenomics, Hao emphasized its role in aligning the interests of all stakeholders. He explained that effective tokenomics goes beyond simply creating a cryptocurrency.

“It involves creating a model with fair token distribution, real utility such as governance, staking, or transactions within the platform, and mechanisms to balance supply and demand. This fosters trust among investors and the community while driving ecosystem adoption,” Hao adds.

The right funding strategy

Having established the foundational elements of a Web3 startup, the next challenge is securing the right capital from the right investors for the right reasons.

The first question any startup must ask is whether funding is necessary. Hao offers a clear perspective:

“Investment is essential only if it addresses critical growth gaps like product development, scaling, or market entry. One should avoid the allure of fundraising for PR hype; instead, ensure funding directly accelerates achieving your startup’s long-term vision.”

This perspective demands a strategic, precise approach to fundraising. Startups must move beyond the glamour of raising capital and focus on milestone-driven funding that propels genuine growth. Meticulously forecasting costs, aligning funding with specific growth targets, and benchmarking valuations against market trends are paramount.

Finding the right investor is equally nuanced. Startups should not raise funds from just any investor but from a partner who comprehends the unique challenges and potential of their Web3 venture.

“The right investor understands your vision, brings strategic value beyond funding, and aligns with your long-term goals. Whether it is an angel for early validation or a VC for scaling, prioritizing those who can offer expertise, connections, and credibility boosts the success of a startup,” Hao emphasizes.

Key Opinion Leaders (KOLs) are increasingly stepping into the investor role. While they can offer massive exposure and credibility, their involvement requires careful consideration. The equity they demand must be proportional to their tangible impact, measured not by social media followers but by their ability to drive meaningful community growth and user adoption.

Closing the right deal

Negotiating investment terms is another critical moment for Web3 startups. Founders must balance financial strategy with collaborative partnership, viewing investor discussions as opportunities to align mutual goals and create shared value.

Hao emphasizes the following key tactics for getting the best deal:

Do not limit yourself to one source of funding. Having a range of options gives you leverage in negotiations and avoids unfavorable terms.

Be upfront about your startup’s valuation and the reasoning behind it. A clear, well-supported explanation shows investors that you understand your worth and the market.

Focus on terms that benefit both sides, such as vesting schedules, governance rights, and token lockups. These provisions help align the interests of the startup and investors over the long term.

Always involve legal experts to ensure agreements are fair, enforceable, and protect your startup’s best interests.

After the funding

Securing funding is not the finish line. The transition from fundraising to execution is where many Web3 startups falter. Successful teams understand that investor confidence is continuously earned, not just initially obtained.

This is where the roadmap developed during the fundraising process becomes a critical navigation tool, guiding the startup’s strategic decisions and demonstrating commitment to its original vision.

“Post-funding, the team must focus on disciplined execution, strategically hiring talent, and delivering on the promised milestones,” Hao advises.

This approach extends beyond financial management. It is about building trust, maintaining transparency, and demonstrating the ability to transform potential into tangible results.

Hao shares these key strategies for fostering strong relationships with investors:

Keep investors in the loop with regular updates on progress, challenges, and new opportunities. This helps build trust and ensures alignment with the vision.

Involve investors in key decisions when appropriate. Their expertise can be invaluable, and their stake in important choices strengthens their connection to the project.

Encourage investors to get involved in the ecosystem, whether through roles like validators, token holders, or advisors. This deepens their engagement and makes them feel more invested in the startup’s success.

“By sticking to the roadmap you’ve built, you naturally boost confidence among both the community and the team,” Hao concludes.

Critical to this process is building a loyal community, tracking key performance indicators (KPIs), and maintaining organizational agility. Every funding dollar must be viewed as an investment in growth and innovation, requiring constant evaluation and strategic reallocation.

The Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission.

Harshajit (Harsh) Sarmah is the Founder & Editor-in-Chief of Crypto India Magazine (CIM). This article was originally published in CIM.

TNGlobal INSIDER publishes contributions relevant to entrepreneurship and innovation. You may submit your own original or published contributions subject to editorial discretion. This article was originally published in Crypto India Magazine (CIM) and is based on an exclusive interview with Jay Hao. The interview has been transformed into a comprehensive narrative, preserving Hao’s original insights and quotes.

[wihjk]

GAEA Emotional Coordinates— Revolutionizing AI with a Deep Understanding of Human Emotions

In the quest to accelerate the evolution of AI, GAEA has introduced the groundbreaking Emotional Coordinates System. This system aims to seamlessly integrate user personality, emotional data, and shared network data to construct a high-quality emotional dataset for AI training. By enabling users to continuously communicate their emotional states, Emotional Coordinates allow AI to more accurately understand and resonate with the uniqueness of every individual. We believe this innovation has the potential to imbue AI with what can only be described as a true “Soul.”

As of the end of 2024, GAEA’s global user base has grown to over 350,000. Through our expansive network of data nodes, we’ve successfully gathered an immense volume of data ready for AI training. With the introduction of Emotional Coordinates, the data generated by users in the coming months will transcend traditional metrics, acquiring a “Soul” of its own. This will result in the creation of a comprehensive AI Emotional Data Layer, designed to bring AI closer to an authentic understanding of human emotions.

We believe this marks a pivotal moment in the development of AI, one where emotional depth becomes a key component of its intelligence, pushing the boundaries of what AI can truly achieve.

The Technical Principles Behind Emotional Coordinates

Built upon GAEA’s Decentralized Physical Infrastructure Network (DePIN), users have the opportunity to generate valuable data-sharing credits on the GAEA platform. To enhance the richness of these insights, users must spend a certain amount of credits to bind their past network data with their current emotional data, thus generating a new form of reward — Soul Points. The process within the Emotional Coordinates system operates through the following steps:

Emotional Data Upload: Users can upload their current emotional state — whether it’s happiness, sadness, confusion, or being moved — into the system. Each emotional upload earns the user one Soul Point, directly acknowledging their emotional contribution.

Blockchain Storage: Users can choose to upload their emotional data to the blockchain, ensuring permanent recording within the Web3 ecosystem. This not only preserves the authenticity and integrity of the user’s emotions but also rewards them with additional Soul Points for storing their data in a decentralized and immutable manner.

By integrating emotional data into a decentralized framework and rewarding users with Soul Points, GAEA’s system creates a seamless connection between human emotions and AI, laying the foundation for the AI Emotional Data Layer. This system ensures that each emotional upload is not just a personal reflection but also a valuable piece of the broader Web3 ecosystem, contributing to a more emotionally-aware AI.

Technical Architecture and System Integration

To build the AI Emotional Data Layer, GAEA integrates three core components — DePIN Network, GODHOOD ID, and the Emotional Coordinates System — to effectively and securely consolidate user data. This integration ensures that data is processed in a transparent, efficient, and decentralized manner. The architecture is as follows:

DePIN Network: This decentralized infrastructure provides a robust solution for secure data transmission and storage, ensuring the safety, privacy, and integrity of user data. By utilizing blockchain-based protocols, the DePIN network guarantees that data remains tamper-proof and resilient to centralization risks.

GODHOOD ID: Serving as the authentication tool for the Emotional Coordinates System, GODHOOD ID also acts as a comprehensive system for user personality analysis. Through the GODHOOD ID, the system captures detailed personality tags, allowing for the generation of personalized emotional data. This user-specific data enriches the AI’s understanding of human emotions, enhancing the system’s ability to respond to diverse emotional states in a more nuanced way.

Emotional Coordinates System: This system collects and integrates the emotional data uploaded by users. It leverages blockchain technology to ensure that the data is stored in a decentralized manner, providing full transparency and immutability. The decentralized nature of the system ensures that the data cannot be altered or erased, offering users trust in the permanence and authenticity of their emotional contributions.

Together, these components form a cohesive ecosystem that enables the secure collection, storage, and utilization of emotional data. As users continue to engage with the system, their emotional data — combined with personalized personality insights — will contribute to the ongoing evolution of the AI Emotional Data Layer, paving the way for a more empathetic and emotionally intelligent AI.

SOUL Points and the Economic Incentive Mechanism

SOUL Points, as a reward for user participation in uploading emotional coordinates, will become one of the core metrics for measuring user contributions within the GAEA ecosystem. Alongside GAEA Points, SOUL Points support the economic ecosystem of the AI Emotional Data Layer. The specific mechanism includes:

Reward Distribution: Users earn SOUL Points by uploading emotional data and participating in data binding processes. These rewards are a direct reflection of their contributions to the system’s growth and the enrichment of emotional datasets.

Incentive Mechanism: SOUL Points can be used to unlock premium features, participate in governance voting, or exchange for other digital assets. This incentivizes active engagement, boosting the user’s sense of participation and belonging within the community, while also ensuring a more dynamic and interactive ecosystem.

Emotional Coordinates 2.0: Towards Emotional Intelligence Large Model

Following the launch of the Emotional Coordinates system, GAEA plans to build on the existing dataset and introduce the Emotional Large-scale AI Model. This model will comprehensively analyze users’ online behaviour, personality traits, emotional states, and community interaction data to engage in deeper and more meaningful interactions with users.

Since users have already undergone a comprehensive interaction with the system regarding their personality and emotional states, the Emotional Large-scale AI Model will be able to understand each individual with greater precision and depth.

In the future, this AI will offer personalized emotional management strategies and life advice to help users navigate their personal emotional development. As GAEA continues to evolve alongside AI technology, the realization of this goal is within reach.

Business Prospects and Ecosystem Expansion

The GAEA Emotional Coordinates System not only enhances AI’s understanding of human emotions but also injects new vitality into the Web3 ecosystem. Through the decentralized storage and sharing of data, GAEA has created an open and transparent data marketplace, providing high-quality data sources for AI training. At the same time, users contributing data are rewarded with SOUL Points, offering tangible economic returns that incentivize more active participation.

Looking ahead, GAEA plans to collaborate with a variety of partners to expand its ecosystem, including but not limited to:

AI Developers: Provide high-quality emotional datasets to support the development of smarter, more human-like AI applications.

Blockchain Platforms: Deepen collaborations with leading blockchain platforms to enhance the efficiency and security of data storage and transactions.

Commercial Enterprises: Offer businesses market analysis and user behaviour prediction services based on emotional data, facilitating more targeted marketing and improved customer relationship management.

Through these strategic partnerships, the GAEA Emotional Coordinates System will become a paradigm for the integration of AI and Web3, leading the way for the next generation of intelligent technology.

By leveraging innovative technical architecture and economic incentive mechanisms, the GAEA Emotional Coordinates System will successfully establish a comprehensive AI Emotional Data Layer. This will enhance AI’s understanding of human emotions and inject new commercial value into the Web3 ecosystem. With the upcoming launch of Emotional Coordinates 2.0, GAEA will continue to lead the deep integration of AI and Web3, driving intelligent technology toward a more human-centric and insightful future.

Join GAEA in giving AI a true Soul and embracing the dawn of a new intelligent era!

[hellofun-0045]

Insights from CIFDAQ COO Jay Hao: A Guide to Fund Raising for Web3 Startups

Web3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024. This figure reflects a significant investment trend, with $1.4 billion raised in the third quarter alone.

Investors are increasingly targeting emerging markets at the intersection of blockchain and artificial intelligence (AI), while projects focused on decentralized blockchain infrastructure have also recently drawn substantial capital flow.

However, despite these glowing statistics and trends, securing funds for Web3 startups is no straightforward feat. And as a Web3 journalist, I have witnessed the tension in the industry firsthand. Conversations with founders and investors have revealed a landscape marked by both potential and uncertainty.

There’s no doubt that startups are emerging with innovative concepts. But then they’re confronting an investment arena that demands more than just a compelling pitch—it requires strategic precision, robust fundamentals, and a clear, executable vision.

To help Web3 startups go about fundraising the right way, I spoke with Jay Hao, Co-Founder and Global Chief Operating Officer of CIFDAQ, and former CEO of OKX. In this exclusive interview, Hao shared practical tips on building a solid foundation, crafting a compelling narrative, and tokenomics. He also offered guidance on identifying investment needs, attracting the right investors, and negotiating deals.

Editorial Note: The article is derived directly from the exclusive interview with Jay Hao. While the original interview format has been transformed into a comprehensive narrative, every insight and quote remains authentic to Hao’s original responses.

Building a Strong Foundation Every great Web3 startup begins with a rock-solid foundation. According to Hao, building a solid foundation is more than a preliminary step—it’s a critical determinant of a startup’s potential success. Hao emphasizes that this foundation rests on three fundamental pillars: team, technology, and business model.

“A strong foundation for a Web3 startup hinges on assembling a visionary, skilled team, developing innovative and secure technology, and crafting a business model that leverages blockchain’s decentralization,” Hao explains.

This holistic approach goes beyond mere technical capabilities, focusing on scalability, real-world impact, and creating a unique value proposition that captivates both users and investors.

Additionally, central to a startup’s foundation is the ability to tell a compelling story. According to Hao, a powerful narrative combines the mission with an engaging story about how the project solves an urgent problem in an innovative way. And this approach is not merely about marketing—it reflects a profound understanding of the problem and presents a visionary solution capable of transforming existing paradigms.

When asked whether tokenomics is essential, Hao emphasized its importance in aligning the interests of all stakeholders. He explained that effective tokenomics goes beyond simply creating a cryptocurrency.

“It involves creating a model with fair token distribution, real utility such as governance, staking, or transactions within the platform, and mechanisms to balance supply and demand. This fosters trust among investors and the community while driving ecosystem adoption,” Hao adds.

The Right Funding Strategy Having established the foundational elements of a Web3 startup, the next challenge is securing the right capital from the right investors for the right reasons.

Now, the first question any startup must ask is whether funding is even necessary. And Hao offers a clear perspective on this:

“Investment is essential only if it addresses critical growth gaps like product development, scaling, or market entry. One should avoid the allure of fundraising for PR hype; instead, ensure funding directly accelerates achieving your startup’s long-term vision.”

This perspective demands a strategic, almost surgical approach to fundraising. Startups must move beyond the glamour of raising capital and focus on precise, milestone-driven funding that propels genuine growth. Meticulously forecasting costs, aligning funding with specific growth targets, and benchmarking valuations against market trends become paramount.

The quest for the right investor is equally nuanced. You shouldn’t raise from any investor, but find a partner who comprehends the unique challenges and potential of your Web3 venture.

“The right investor understands your vision, brings strategic value beyond funding, and aligns with your long-term goals. Whether it’s an angel for early validation or a VC for scaling, prioritizing those who can offer expertise, connections, and credibility boosts the success of a startup,” Hao emphasizes.

Adding another layer to the complexity are Key Opinion Leaders (KOLs), who are increasingly stepping into the investor role. While they can offer massive exposure and credibility, their involvement requires careful consideration. The equity they demand must be proportional to their tangible impact—measured not by social media followers, but by their ability to drive meaningful community growth and user adoption.

Closing the Right Deal Negotiating investment terms is another critical moment for Web3 startups. Founders must balance financial strategy with collaborative partnership, viewing investor discussions as opportunities to align mutual goals and create shared value.

Following are some of the key tactics that Hao emphasizes for getting the best deal:

Don’t limit yourself to one source of funding. Having a range of options gives you leverage in negotiations and avoids being cornered into unfavorable terms. Be upfront about your startup’s valuation and the reasoning behind it. A clear, well-supported explanation shows investors that you understand your worth and the market. Focus on terms that benefit both sides, such as vesting schedules, governance rights, and token lockups. These provisions help align the interests of the startup and investors over the long term. Always bring legal experts into the process to ensure that agreements are fair and enforceable, and protect your startup’s best interests. After the Funding Securing funding is not the finish line. The transition from fundraising to execution is where many Web3 startups falter. Successful teams understand that investor confidence is continuously earned, not just initially obtained.

This is where the roadmap developed during the fundraising process becomes a critical navigation tool, guiding the startup’s strategic decisions and demonstrating commitment to its original vision.

“Post-funding, the team must focus on disciplined execution, strategically hiring talent, and delivering on the promised milestones,” Hao advises.

This approach goes beyond mere financial management—it’s about building trust, maintaining transparency, and demonstrating the ability to transform potential into tangible results.

Here are the key strategies that Hao shares for fostering strong relationships with investors:

Keep investors in the loop with regular updates on progress, challenges, and new opportunities. This helps build trust and ensures everyone stays aligned with the vision. Involve investors in key decisions when appropriate. Their expertise can be invaluable, and giving them a stake in important choices strengthens their connection to the project. Encourage investors to get involved in the ecosystem, whether through roles like validators, token holders, or advisors. This deepens their engagement and makes them feel more invested in the startup’s success. “By sticking to the roadmap you’ve built, you naturally boost confidence among both the community and the team,” Hao continues.

Critical to this process is building a loyal community, tracking key performance indicators (KPIs), and maintaining organizational agility. Every funding dollar must be viewed as an investment in growth and innovation, requiring constant evaluation and strategic reallocation.

The Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission. WWW.CIFDAQ.COM

[sadisweetomi]

Rakuten Wallet, Caliverse to collaborate on Web3 and metaverse business Expansion

TOKYO

Rakuten Wallet Inc, a Rakuten Group company and operator of a crypto asset (virtual currency) exchange business, has signed a Memorandum of Understanding with Caliverse Inc, a South Korean metaverse development company that belongs to the Lotte Group, to form a strategic partnership in the Web3 space.

The two companies will actively explore opportunities for collaboration and cooperation in Web3 services such as gaming, NFT sales, shopping and live artist events within the metaverse.

Rakuten Wallet offers spot and margin trading of crypto assets as both a crypto asset exchange operator and a financial instruments business operator. Since 2023, the company has gradually expanded into the Web3 space and plans to launch new Web3 services in 2024. These services will feature integrated management of digital assets, including crypto assets and NFTs, through a smartphone app, connectivity to Web3-oriented services from other providers, and seamless integration with Rakuten Wallet's existing crypto asset trading platform.

Caliverse is enhancing its collaboration with Web3 services centered around its metaverse platform, "CALIVERSE," to create an immersive next-generation metaverse experience powered by a high-precision 3D engine. This advanced metaverse allows users to explore a virtual world that feels real, featuring detailed cityscapes with buildings and shops, customizable high-definition avatars, and dynamic K-POP concerts or EDM stages generated through real-time AI synthesis of live-action and graphics.

Source: Rakuten Group

[hamzaaslam]

AlphaX DEX Supports USDT Trading of Memecoins on Solana, Ethereum, and Base

SYDNEY, AUSTRALIA – Media OutReach Newswire – 1 January 2025 – With the rapid development of the Web3 ecosystem, 2024 undoubtedly marks a pivotal moment in the blockchain industry. This year, Memecoins have transformed from speculative assets into a mainstream cultural phenomenon, becoming a key driver of widespread consensus and wealth transfer. As new issuance models and evolving asset types…

[sahilcidfaq]

Insights from CIFDAQ COO Jay Hao: A Guide to Fund Raising for Web3 Startups

Web3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024. This figure reflects a significant investment trend, with $1.4 billion raised in the third quarter alone. 

Investors are increasingly targeting emerging markets at the intersection of blockchain and artificial intelligence (AI), while projects focused on decentralized blockchain infrastructure have also recently drawn substantial capital flow.

However, despite these glowing statistics and trends, securing funds for Web3 startups is no straightforward feat. And as a Web3 journalist, I have witnessed the tension in the industry firsthand. Conversations with founders and investors have revealed a landscape marked by both potential and uncertainty. 

There’s no doubt that startups are emerging with innovative concepts. But then they’re confronting an investment arena that demands more than just a compelling pitch—it requires strategic precision, robust fundamentals, and a clear, executable vision.

To help Web3 startups go about fundraising the right way, I spoke with Jay Hao, Co-Founder and Global Chief Operating Officer of CIFDAQ, and former CEO of OKX. In this exclusive interview, Hao shared practical tips on building a solid foundation, crafting a compelling narrative, and tokenomics. He also offered guidance on identifying investment needs, attracting the right investors, and negotiating deals.

Editorial Note: The article is derived directly from the exclusive interview with Jay Hao. While the original interview format has been transformed into a comprehensive narrative, every insight and quote remains authentic to Hao’s original responses.

Building a Strong Foundation

Every great Web3 startup begins with a rock-solid foundation. According to Hao, building a solid foundation is more than a preliminary step—it’s a critical determinant of a startup’s potential success. Hao emphasizes that this foundation rests on three fundamental pillars: team, technology, and business model.

“A strong foundation for a Web3 startup hinges on assembling a visionary, skilled team, developing innovative and secure technology, and crafting a business model that leverages blockchain’s decentralization,” Hao explains. 

This holistic approach goes beyond mere technical capabilities, focusing on scalability, real-world impact, and creating a unique value proposition that captivates both users and investors.

Additionally, central to a startup’s foundation is the ability to tell a compelling story. According to Hao, a powerful narrative combines the mission with an engaging story about how the project solves an urgent problem in an innovative way. And this approach is not merely about marketing—it reflects a profound understanding of the problem and presents a visionary solution capable of transforming existing paradigms.

When asked whether tokenomics is essential, Hao emphasized its importance in aligning the interests of all stakeholders. He explained that effective tokenomics goes beyond simply creating a cryptocurrency.

“It involves creating a model with fair token distribution, real utility such as governance, staking, or transactions within the platform, and mechanisms to balance supply and demand. This fosters trust among investors and the community while driving ecosystem adoption,” Hao adds.

The Right Funding Strategy

Having established the foundational elements of a Web3 startup, the next challenge is securing the right capital from the right investors for the right reasons. 

Now, the first question any startup must ask is whether funding is even necessary. And Hao offers a clear perspective on this:

“Investment is essential only if it addresses critical growth gaps like product development, scaling, or market entry. One should avoid the allure of fundraising for PR hype; instead, ensure funding directly accelerates achieving your startup’s long-term vision.”

This perspective demands a strategic, almost surgical approach to fundraising. Startups must move beyond the glamour of raising capital and focus on precise, milestone-driven funding that propels genuine growth. Meticulously forecasting costs, aligning funding with specific growth targets, and benchmarking valuations against market trends become paramount.

The quest for the right investor is equally nuanced. You shouldn’t raise from any investor, but find a partner who comprehends the unique challenges and potential of your Web3 venture.

“The right investor understands your vision, brings strategic value beyond funding, and aligns with your long-term goals. Whether it’s an angel for early validation or a VC for scaling, prioritizing those who can offer expertise, connections, and credibility boosts the success of a startup,” Hao emphasizes. 

Adding another layer to the complexity are Key Opinion Leaders (KOLs), who are increasingly stepping into the investor role. While they can offer massive exposure and credibility, their involvement requires careful consideration. The equity they demand must be proportional to their tangible impact—measured not by social media followers, but by their ability to drive meaningful community growth and user adoption.

Closing the Right Deal

Negotiating investment terms is another critical moment for Web3 startups. Founders must balance financial strategy with collaborative partnership, viewing investor discussions as opportunities to align mutual goals and create shared value.

Following are some of the key tactics that Hao emphasizes for getting the best deal:

Don’t limit yourself to one source of funding. Having a range of options gives you leverage in negotiations and avoids being cornered into unfavorable terms.

Be upfront about your startup’s valuation and the reasoning behind it. A clear, well-supported explanation shows investors that you understand your worth and the market.

Focus on terms that benefit both sides, such as vesting schedules, governance rights, and token lockups. These provisions help align the interests of the startup and investors over the long term.

Always bring legal experts into the process to ensure that agreements are fair and enforceable, and protect your startup’s best interests.

After the Funding

Securing funding is not the finish line. The transition from fundraising to execution is where many Web3 startups falter. Successful teams understand that investor confidence is continuously earned, not just initially obtained.

This is where the roadmap developed during the fundraising process becomes a critical navigation tool, guiding the startup’s strategic decisions and demonstrating commitment to its original vision.

“Post-funding, the team must focus on disciplined execution, strategically hiring talent, and delivering on the promised milestones,” Hao advises. 

This approach goes beyond mere financial management—it’s about building trust, maintaining transparency, and demonstrating the ability to transform potential into tangible results.

Here are the key strategies that Hao shares for fostering strong relationships with investors:

Keep investors in the loop with regular updates on progress, challenges, and new opportunities. This helps build trust and ensures everyone stays aligned with the vision.

Involve investors in key decisions when appropriate. Their expertise can be invaluable, and giving them a stake in important choices strengthens their connection to the project.

Encourage investors to get involved in the ecosystem, whether through roles like validators, token holders, or advisors. This deepens their engagement and makes them feel more invested in the startup’s success.

“By sticking to the roadmap you’ve built, you naturally boost confidence among both the community and the team,” Hao continues. 

Critical to this process is building a loyal community, tracking key performance indicators (KPIs), and maintaining organizational agility. Every funding dollar must be viewed as an investment in growth and innovation, requiring constant evaluation and strategic reallocation.

The Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission.

[take3io]

The digital asset landscape and Web3 marketing in 2024 has been characterised by significant technological innovations, evolution, and regulatory developments that have reshaped the Web3 ecosystem. In 2023, we expected innovation to be the theme of 2024, and in this blog, we reflect on 2024 and the year that was.