
On September 12, Jeff Ren, Partner at OKX Ventures was invited to attend the Ethereum Singapore 2023 conference and delivered a keynote speech titled "OKX: Bridging OKX Exchange and Ecosystem to Ethereum Community Growth". The speech discussed topics such as OKX's current business, OKX Ventures' investment direction, and Ethereum community development.
Ethereum Singapore 2023 aims to cultivate the influence of non-profit and public products in the local area, sow seeds of hope for talent development, and showcase how the local community comes together to create a vibrant Ethereum ecosystem in Singapore. It is reported that many heavyweight guests, including Ethereum Foundation, Vitalik Buterin, KPMG, Google Cloud, Circle, Huawei, Matter Labs, Scroll, Coinbase, MakerDAO, Pendle Finance, Zksync, Arbitrum, and LayerZero Labs, attended the conference.
During his speech, Jeff stated, "We fully recognize that the essence of cryptocurrency lies in decentralization. Although OKX is already one of the world's largest cryptocurrency exchanges, we are also moving towards decentralized finance (DeFi) led by self-custody. As a dynamic and evolving company, our collaborations with decentralized protocols such as Lido, Sui, Solana, and Gitcoin showcase our broad vision. We are not only facilitating transactions, but also changing the industry."
Jeff then gave a brief introduction to OKX's current decentralized business products. According to Jeff, the OKX Web3 wallet realizes the promises of security, innovation, and user-centricity. It has already integrated over 70 public chains and supports the creation of MPC and AA wallets, completely changing user autonomy and security. OKX DEX is the most powerful DEX and cross-chain aggregator, currently aggregating 10+ cross-chains, 20+ public chains, and 300+ DEXs. OKX NFT
p;The market is becoming a beacon in the rapidly growing NFT world, aggregating orders from mainstream NFT platforms such as OpenSea, and providing a diverse and vibrant ecosystem for collectors and creators. In today's data-driven era, OKLink currently covers over 170 blockchain networks and has collected over 1000 TB of on-chain data, providing AML and KYT support for hundreds of clients. It is a leading global blockchain big data company.Jeff further pointed out, "Web3 tools are dynamic tools. Many people have already realized that a key industry challenge is to balance user-friendliness, security, and decentralization. Innovative technologies such as account abstraction, multi-signature, and zero-knowledge proofs enhance user experience without compromising security."
As an active participant in the industry, OKX Ventures leads industry transformation through investments in innovative technologies. Jeff stated that OKX Ventures has always maintained a close connection with the Ethereum community and is committed to finding great projects that address core themes such as user-friendliness, security, and decentralization. Efforts made by OKX Ventures in helping Layer 2 technologies, investing in groundbreaking projects such as Scroll, Starkware, zkSync, and Taiko, translate vision into tangible actions, setting benchmarks for the EVM ZK-Rollup world. OKX Ventures will not stop there and is currently preparing an internal Layer 2 ZK-Rollup solution, expected to be launched later this year.
Regarding the future development prospects of the industry, Jeff stated that OKX Ventures remains dedicated to Ethereum community building and actively supports, hosts, and organizes hackathons and demo days globally. In addition, Jeff pointed out the need to enhance developer base and improve developer experience. Different ecosystems have various pain points, such as opaque funding criteria. To address this, he proposed three suggestions: streamlining project funding processes, promoting open-source initiatives, and strengthening communication channels.
Jeff emphasized that OKX Ventures is collaborating more deeply with industry leaders such as Gitcoin and EthGlobal, with the aim of promoting collaboration and communication between the Asia-Pacific region and other regions worldwide, making it easier for high-quality developers to obtain funding in the early stages of their projects.
Finally, Jeff issues a call, hoping that more industry partners can come together to jointly build the future of Ethereum.