Odaily News In the RockTree OG Talks series of roundtable talks co-organized by RockTree Capital and Odaily, dYdX Foundation CEO Charles dHaussy said that Hong Kong has three advantages in the encryption industry; first, three cryptocurrency companies in Hong Kong have been listed. More than years ago; secondly, the Hong Kong SAR government is also providing support to the encryption industry and actively introducing encryption policies; finally, Hong Kong, as a traditional financial center, has a certain financial foundation. Charles also said that dYdX’s latest progress includes developing its own decentralized application and successfully deploying a private chain, which will further improve transaction efficiency and reduce costs. Charles also predicted the trend of the cryptocurrency market in the next 18 months. In the future, cryptocurrency will not only be used as a stored value asset and trading tool, but DAO will become a new development direction. dYdX will also develop its own DAO, which will have independent strategies, values ​​and decision-making bodies, and will manage itself through different voting mechanisms. Charles emphasized that the key to the future encryption market is to continue to explore and adapt to technological changes. He believes that by establishing new user cases and credit mechanisms, coupled with the joint efforts of the community, the future of the cryptocurrency market is bright.