HTX Ventures is the exclusive sponsor of ETHDenver 2024 Zen Zone: closely watch the growth and innovation of the Ethereum ecosystem
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HTX Ventures is the exclusive sponsor of ETHDenver 2024 Zen Zone: closely watch the growth and innovation of the Ethereum ecosystem
In the view of Huobi HTX and HTX Ventures, Ethereum is a vast ecosystem supporting a wide range of applications.
Navigating Web3 tides with focused insightsDuring ETHDenver 2024, HTX Ventures attended and exclusively sponsored the Zen Zone. This move signifies that Huobi HTX is closely watching how technological advancements drive Ethereum's growth and innovation, and will continue to advance Web3 infrastructure and ecosystem development by supporting the next generation of Web3 companies and introducing Huobi HTX.
HTX Ventures is the global investment arm of Huobi HTX. In 2023, HTX Ventures adopted a dual investment strategy—direct investments and fund investments—backing over 200 projects spanning infrastructure, DeFi, RWA, L1 & L2 blockchain ecosystems, SocialFi, NFTs, and education. Its goal is to explore emerging industry models and provide funding, resources, and strategic advisory support to help grow the blockchain ecosystem collaboratively.
From the perspective of Huobi HTX and HTX Ventures, Ethereum is a vast ecosystem supporting a wide range of applications. Its emphasis on scalability, privacy, and decentralized governance will help realize Ethereum’s vision of becoming a decentralized platform for digital interaction and collaboration in the new era.
In its research report titled "Layer2: Current Status and Development Trends," HTX Ventures analyzed that 2023 saw a major reshuffling in the landscape of new blockchains. For new blockchains, the idea of becoming an "Ethereum killer" is now impossible. Instead, Layer2 projects that attract capital, users, and developers from Ethereum have performed significantly better during bear markets than new blockchains. Layer2 not only consolidates Ethereum’s leading position but also acts as a flywheel, helping boost ETH's value.
HTX Ventures also pointed out that decentralized sequencers are one of the solutions to address Layer2 security and fairness. The upcoming EIP-4844 will further reduce Layer2 Rollup costs, thereby accelerating adoption of Layer2 projects. As such, the Layer2 sector is highly likely to become a catalyst for the next bull market.
It also noted that many Ethereum ecosystem projects have yet to launch their tokens, and their wealth-generation potential could extend into the next bull market, attracting significant attention from users and investors. Additionally, 2024 will mark the beginning of deep integration in the Web3 space, with improved regulatory adaptability and a shift toward maturity. Interoperability between chains and ecosystems will gradually become a reality, pushing the crypto market toward notable maturity and mainstream breakthroughs. Going forward, Huobi HTX and HTX Ventures will continue to monitor innovation and development within the Ethereum ecosystem, actively advancing investments and project incubation to nurture the next generation of Web3 companies.
Notably, ETHDenver 2024 took place in Denver, USA, from February 23 to March 2. BUIDLWeek ran from February 23 to February 28, while core events were held from February 29 to March 2. It is one of the world’s largest and longest-running Ethereum events, primarily targeting Ethereum enthusiasts, designers, and developers. The Zen Zone at ETHDenver 2024 served as a relaxation area where attendees could experience various therapeutic activities.
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