Odaily News On September 16, at the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget, Movement co-founder Cooper said that the focus of future token distribution is not to see how much the team can hoard, but to give us the opportunity to reward builders, KOLs, and community members. The contributions of community members are related to the success of the chain or application. At the same time, he said that the team must determine how to identify the contributions of members other than developers to the network and create programs to evaluate people's contributions. In the previous market, the ecosystem from builders to all stakeholders did not benefit from the network. When the network or market became difficult, they naturally had no reason to stick with it. Therefore, giving back to the community is the most important part.

Odaily News On September 16, at the annual ceremony of "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget. Bu Fan, head of Story Protocol IPFi, defined IPFi as: supporting financial market activities (storing and transferring asset value) in the IP field and building an open and trustless financial ecosystem. In practice, Bu Fan believes that IPFi has three stages: the first stage still retains the core goals and functions of DeFi; the second stage begins to experiment with new token forms, empowering IP with new tokens and methodologies; the third stage may develop into structured IPFi, concrete IPFi services for creators, with more derivative token forms, or develop into experimental IPFi, providing IP services with purely new mechanisms, focusing on serving the long-term ecological needs of IP.

Odaily News On September 16, at the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget, Matthew Szenics, manager of the ME Foundation, introduced that MagicEden leads the NFT market in terms of data, connecting 3.4 million wallets, with a transaction volume of over $6 billion, and also accounts for more than 80% of the transaction volume of Ordinals and Runes, and there will be huge opportunities to develop the BTC market. $ME is committed to enabling all major on-chain transactions and activities, such as NFT transactions, Mint, token transactions, wallets, and asset portfolios.

Odaily News On September 16, at the annual ceremony of "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget. Chainbase COO Chris Feng said that entrepreneurs do not have enough access to blockchain, which is the reason for the birth of Chainbase. Chainbase is building a comprehensive data infrastructure designed for Web3, combining Web2 and Web3 so that data on different chains can be effectively utilized. Chris further stated that although they have attracted 15 million wallet users through airdrops, Chainbase is working hard to identify core users because these users can bring them sustainable growth. Chainbase is more concerned about the quality of users rather than the quantity, and they hope that their tokens can be recycled in as many transactions as possible to achieve sustainable growth.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget, Ye Su, founding partner of Arkstream Capital, said at the roundtable forum "Traditional Capital Takeover vs Native Innovation Boom": The magic of meme tokens is that they create a new market that allows the issuance of assets. Meme tokens are the consensus price of a political movement. If someone believes in this concept, a continuous movement will be formed. Ye Su also believes that meme tokens have good liquidity. Although they cannot enter traditional finance, they can still be traded in the market with their inherent motivation.

Odaily News On September 16, at the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget, Monad Infrastructure Director Joey Anthony said that in order to introduce the next million users, a platform with backend support from Web3 is needed, and the key to everything is to reduce Gas, but most blockchains lack horizontal expansion capabilities, and many blockchains are limited by scale, even Solana faces this problem. Joey said that although blockchain can attract users through subsidies, in the long run, to increase user penetration, on the one hand, it requires differentiated product experience or functions, and on the other hand, it requires the establishment of community feelings and culture.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget, 1kx partner Diana Biggs expressed her views at the roundtable forum "Traditional Capital Takeover vs Native Innovation Boom". Diana said, "ETFs can cover any market. When I was the CEO of Valor, I found that investors usually value the convenience and compliance of traditional stock exchanges when choosing investment targets." Diana also said: In the European Union, crypto ETPs have been launched since 2018. Although the user base was not strong at the time, these products still provided services to users. I think it will further promote the growth of the market. "Finally, Diana said: "We have launched these products in the European Union for a long time, and as managers, we have invested a lot of resources in education to help users gain more trust and confidence in the financial services sector. I believe that the market's expected impact on the crypto field may not be fully manifested. "

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget. Melody He, partner of Spartan Group, said at the roundtable forum "Traditional Capital Takeover vs Native Innovation Boom" that not only the crypto field, but the entire world is experiencing the impact of the COVID-19 pandemic - severe inflation. Melody also said, "The reality is that we need longer to digest these challenges, not just in the crypto field, but also for traditional investors and technology to understand the real value proposition and respond based on user behavior. I don't think this is a bad thing, but a good thing, because it can get back to basics a little bit."

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget. BMAN, co-founder of ABCDE Capital, said at the roundtable forum "Traditional Capital Takeover vs Native Innovation Boom" that AI is making a lot of money now, and 90% of daily active users are not humans, but robots and AI. I think 99% of transactions and interactions in the future will be done by AI and robots. BMAN also said that maybe in the next 10 years, we should give AI human rights, they should have their own identities, accounts, and even become independent entities. Therefore, I think blockchain is a good entry point for AI, and blockchain provides an ecosystem and economic system for AI. I believe that AI will dominate the operation of blockchain in the future.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget, Angel, co-founder of Zircuit, said, "The gas costs between different chains vary greatly. For many users, there are many friction costs in this process, so we need to introduce gas chains while retaining blocks. For Zircuit, user experience comes first, which is why we centralize many on-chain operations. Users do not need to click on other websites, check specific operations, and pay attention to the final results. Instead, they can complete all operations in Zircuit. For us, everything is for users. In addition, it is crucial to make users and builders happy to be part of the community based on economic incentives."

Odaily News At the "FAT Awards 2024" annual ceremony hosted by Odaily Planet Daily and co-hosted by Bitget, Hany Velasco, head of Mizu BD, said, "As the first wallet in the Telegram ecosystem, Mizu is more from the perspective of business, production and consumers, hoping to provide users with new experiences including increased payment limits and financial scenario coverage. In the future, we believe that users only need to connect their accounts to enjoy user-friendly platform services, and the usability of the product will be greatly improved. We have reason to believe that the Telegram ecological boom will continue to lead the development of the encryption industry."

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget, Alberto Viera, head of developer relations at Moonbeam, said, "Although the target users and developer groups of many crypto projects are not always exactly the same, increasing adoption is a common proposition in the industry. On this basis, we welcome the birth of more competitive products, and we also call for friendly coexistence between different projects and different platforms. Only in this way can we usher in a brighter future. In addition, many of the projects present are also trying to solve the problems of certain chains to meet the needs of rapid use and scalability. There may be better chains for different sub-scenarios, but from a community perspective, Ethereum, which has an extremely strong ecosystem, will continue to exist and continue to play one of the important roles in the industry."

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget. Quynh Ho, head of venture capital at GSR, said at the "Traditional Capital Takeover vs Native Innovation Boom" roundtable forum that what makes everyone excited about the integration of cryptocurrency and AI is its ability to verify identity and data. Especially for AI-created content, how to verify is the key factor between AI and humans, and how to customize personal exclusive AI is also worth studying. For example, this is very practical in game applications. Players can not only play games, but also train their own AI. But Quynh also said that the threshold for integrating the two is very high and involves a lot of knowledge. Developers must combine AI with cryptocurrency to ensure that AI technology is applied in the crypto industry.

Odaily News On September 16, at the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget. Regarding "because Solana is incompatible, they have to force themselves into every track", ZetaChain core contributor Ankur N said that this approach is unsustainable, and we should focus on applications that are enhanced by encryption technology, rather than just applications for applications, or tokens for tokens.

Odaily News On September 16, at the "FAT Awards 2024" annual ceremony hosted by Odaily Planet Daily and co-organized by Bitget, deBridge BD head Gal Stern announced the latest data of deBridge: while maintaining 100% online rate and 0 security incidents, it bridged $4 billion in assets, generated $12.4 million in revenue, connected 15 chains, and had 526,000 independent users. Its ecosystem has integrated Birdeye, Jupiter, Zeta, Banana Gun, OKX Wallet, Solflare, BNB Chain, etc.

Odaily News At the "FAT Awards 2024" annual ceremony hosted by Odaily Planet Daily and co-organized by Bitget, Bitget COO Vugar Usi Zade introduced that Bitget has 30 million users worldwide, a daily trading volume of US$10 billion, more than 800 listed currencies, and a protection fund size of more than US$400 million. Vugar Usi Zade also announced the recent project APR of Bitget Launchpool: GAEE 447%, ZKS 415%, VRTX 380%, ZKF 329%, RABBIT 179%, GRAPE 174%; and the latest data of Bitget Wallet: 30 million users, supporting more than 250,000 cryptocurrencies, and Swap transaction volume of US$8 billion.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget, Charles d'Haussy, CEO of dYdX Foundation, introduced the many remarkable data achievements achieved by dYdX in 9 months: as of September 2024, the cumulative transaction volume of dYdX Chain reached 225 billion US dollars, carrying 43 million USDC, with more than 140 active trading pairs and more than 144 governance proposals. Charles further introduced: "It's very simple to list on dYdX. Just select the market and propose a new market at dydx.trade/markets/new." In addition, in the token economics of DYDX, 70% of the tokens are still unlocked. Since July 2024, DYDX's monthly emissions have been reduced by 75%.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget, Steven Goldfelder, co-founder and CEO of Offchain Labs, recalled that it was revolutionary to build a real EVM Rollup. Today, Arbitrum aims to take on millions of developers through the upgraded version of EVM Stylus, and continue to expand the advantages of developer experience, adoption rate, DeFi and game first choice, liquidity and decentralization. Next, Arbitrum's specific efforts include: Stylus that supports multiple VMs (launched on the mainnet on September 3), BOLD with true decentralized proof, node performance upgrades, Timeboost that captures MEV revenue, decentralized sorting, and decentralized ZK consensus.

Odaily News At the annual "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget, Charles Wayn, co-founder of Galxe and Gravity, introduced that Galxe has 1 million daily active users, 28 million interactive wallets, links to more than 100 chains, and has reached cooperation with 6,000 companies. At present, large-scale adoption is hindered by the fragmentation between chains. Galxe, which is positioned as a super application, and Gravity, which is positioned as an infrastructure, aim to become a springboard for the public to enter the Web3 world. The two are connected by the same token (G). G has multiple attributes such as Galxe Quest's utility token, exclusive airdrops, payment of Galxe products, Gravity's gas token, Gravity's native token of the consensus layer, and Galxe and Gravity's governance tokens. In addition, Charles Wayn also introduced Alva, an AI collaboration tool that assists Web3 research, trading and investment.

Odaily News On September 16, at the annual ceremony of "FAT Awards 2024" hosted by Odaily Planet Daily and co-hosted by Bitget. Bitget COO Vugar said that gaining the support of a large number of users is as important as product development, so Bitget always maintains integrity with customers and fulfills its commitments in a practical way. It also stated that in the journey of Web3 global builders, Bitget has provided support to many entrepreneurs. For some promising early projects in the market, Bitget will use the platform's two products Launchpad and Launchpool to support their investment funds. In addition, Bitget's global registered user base has exceeded 45 million, and the number of users has increased by 400% since 2023. In 2024, Bitget's growth rate in Africa reached 1,614%, South Asia increased by 729%, and Southeast Asia achieved a growth of 216%. Currently, Bitget's average daily trading volume exceeds US$10 billion, monthly visits exceed 30 million times, and net asset inflows in the first half of the year reached US$779 million. BGB was also selected by Forbes as one of the top ten best performing cryptocurrencies in the first half of 2024.

Odaily News At the annual ceremony of "FAT Awards 2024" hosted by Odaily Planet Daily and co-organized by Bitget. Aethir co-founder Mark said that in the new era, the demand for GPUs has skyrocketed. As the complexity of AI LLM soars, problems such as insufficient purchasing power, slow product updates, and low efficiency have gradually become prominent. Decentralized, enterprise-level GPU cloud infrastructure that can adapt to the needs of the AI and gaming industries is an effective solution to the problem. Aethir currently provides the market with four basic computing products: AI training, AI reasoning, gaming industry products, and virtual machines. Taking the gaming direction as an example, Aethir's computing products make expansion cheaper on the basis of using existing technology, abstract the hardware layer, and allow mass players to play all games on various devices. In addition, Aethir's newly released DePIN hardware device Aethir Edge has five major features: faster data processing speed, factual data analysis, scalability, high cost-effectiveness, and advanced AI support. So far, its sales have exceeded 25,000. Users can use the device to operate the Aethir network to earn tokens, or they can "mine" other projects.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and jointly supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 50 most popular projects in the community of FAT Awards 2024 were officially announced. The projects on the list are: Aptos, Arbitrum, AlienSwap, AIAChain, ARPA, Arweave, Bitget, BounceBit, Bifrost, BigTime, Babylon, CyberConnect, Chromia, DeAgentAI, DODO, dappOS, deBridge, Econia, Galxe, iZUMi Finance, Injective, Kaspa, Kava, Lista DAO, Megabit, Matr1x, Monad, Movement Labs, Mina, Mizu, Mint Blockchain, Nillion, NFTScan, Nyan Heroes, Owito Finance, Pencils Protocol, Polymarket, pump.fun, Particle Network, Polyhedra Network, Pontem, Pixels, Scroll, Somnia, Supra, THENA, Trusta Labs, UXLINK, ZetaChain, Zeus Network.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 Al+Crypto projects of FAT Awards 2024 were officially announced. The projects on the list are: Aethir, Arkham, ASI, Bittensor, Chainbase, Covalent, Golem, Hooked Protocol, io.net, loTeX, MyShell, Near Protocol, Privasea, QnA3.AI, Render Network, Ringfence, Sahara Al, Sentient, Trusta Labs, and Worldcoin.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 Ton Ecosystem projects of FAT Awards 2024 were officially announced. The projects on the list are: Blum, Banana Gun, Catizen, DOGS, Hamster Kombat, Hipo Finance, MomoAl, Notcoin, Pixelverse, PAAL AI, Storm Trade, STON.fi, SnakeTON, Tonkeeper, TonSwap, Tonstarter, Ton Hub, Telegram Wallet, Tonviewer, TONpad.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 projects in the Solana ecosystem of the FAT Awards 2024 were officially announced. The projects on the list are: Backpack, BlazeStake, Drift, io.net, Jito, Jupiter, Kamino, Meteora, Mango Markets, marginfi, Orca, Phantom, Pyth Network, Raydium, Solayer, Solana Name Service (SNS), Sanctum, Tensor, Zeus Network, Zeta Markets.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 BTC ecosystem projects of FAT Awards 2024 were officially announced. The projects on the list are: B² Network, BOB, Zitlayer, BEVM, Babylon, BounceBit, BitFi, bitSmiley, Fractal Bitcoin, LnfiNetwork (NostrAssets Protocol), Lightning Network, Merlin Chain, MVC, Nubit, Ordinals, Runes, Solv Protocol, Stacks, UniSat, and Xverse.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 financial service institutions of FAT Awards 2024 were officially announced. The listed institutions are: Amber Group, AscendEX, Binance, Bitget, BitMEX, Bybit, Bitfinex, BingX, Cobo, Coinbase, CoinW, Hashkey Group, HTX, Gate.io, Kucoin, Matrixport, MetaStone.Group, OKX, WOO Ecology, XT.COM.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the top 20 active investment institutions of FAT Awards 2024 were officially announced. The listed institutions are: Animoca Brands, ABCDE Capital, ArkStream Capital, a16z crypto, Big Brain Holdings, Binance Labs, Cypher Capital, Cogitent Ventures, DWF Labs, Foresight Ventures, GSR, Hashkey Capital, LD Capital, 1Kx, OKX Ventures, Paradigm, Polychain Capital, RockTree Capital, SevenX Ventures, Spartan Group.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the 30 major incremental protocols of FAT Awards 2024 were officially announced. The projects on the list are: ARPA Network, dappOS, DoraHacks, DMAIL.AI, EigenLayer, Ether.fi, Econia, Ethena, Farcaster, FSL Ecosystem, Jupiter, Kelp DAO, ListaDAO, Magic Eden, Matr1x, Mocaverse, MixMob, Ondo Finance, Polymarket, Pendle, pump.fun, Rocket Pool, Renzo, Skate, Story Protocol, Seraph, UXLINK, Xterio, Zeus Network, Zircuit.

Odaily News At the FAT Awards & Summint 2024, hosted by Odaily Planet Daily, co-hosted by Bitget, and co-supported by ArkStream Capital, Mizu, AIAChain, CoinW, Megabit, etc., the 30 major infrastructure projects of FAT Awards 2024 were officially announced. The projects on the list are: Axelar Network, Avalanche, Arbitrum, Aptos, Blast, Base, Chainlink, Cosmos, dYdX, deBridge, ETH, Filecoin, Galxe, LayerZero, Movement, Manta Network, Metis, Mantle, Moonbeam Network, StarkWare, Solana, Stacks, Scroll, Sui, Taiko, Tron, TON, Wormhole, ZKsync, ZetaChain.