Epic Web3 – events in AI and Web3 industries

How did this startup get $38 million in funding?
How to create a Web3 community?
What are the best tactics for finding investors?

New podcast with Rushi Manche, co-founder @ Movement Labs

Available on all platforms:
📍YT - https://youtu.be/P58G8wzbZk4
📍Spotify - https://spotifyanchor-web.app.link/e/OGKVmzySNJb
📍Apple - https://podcasts.apple.com/us/podcast/fastest-layer-2-with-rushi-manche-co-founder-movement-labs/id1711405526?i=1000656378258

Bitcoin is doing well with a huge market cap and market dominance over 50 percent. It is the biggest and arguably the most important asset in crypto. We're seeing its growth in every single market.

But it's almost unused in DeFi. The most popular way to use Bitcoin in DeFi, wrapped BTC, is tiny compared to ETH.

So we have this huge market overall, and less than one percent is being used in DeFi.

Why's that?

(Insights from the keynote of Denis Fadeev, Head of Dev Experience ZetaChain)

🎁Problem with Wrapped Bitcoin
One reason why WBTC is not as popular as Bitcoin should be is because of user experience.

We have a lot of Bitcoin users and most of them are very conservative. They might not know about other blockchains. They don't really trust other blockchains. They hold Bitcoin and they want to keep using it.

However, there are not many opportunities for them to utilize their BTC in a meaningful, decentralized way that they prefer.

⛓Zetachain's way to solve this problem

Zetachain is considering how to connect all these blockchains, not just EVM-compatible ones or those that are easy to connect, but all of them.

This concept is referred to as omni-chain contracts, where "omni" encompasses all blockchains, not just the ones favored or easily supported.

Instead of deploying smart contracts on every chain, creating a complex network for sending and receiving messages while synchronizing state, omni-chain contracts offer a more scalable solution. Deploying individual contracts on each of the numerous chains, especially as their number grows, is impractical and unsustainable.

A more scalable approach is to have a single contract capable of connecting to any blockchain, including Bitcoin. So with omni-chain contracts, only one contract needs to be deployed on Zetachain, by default compatible with all the connected chains.

📈Future
The end user sees their asset from one chain transformed into another asset on another chain without having to deal with wrapped assets. This is very powerful because the problem with WBTC and most other solutions is that users, especially Bitcoin users, already have a wallet. They can send a Bitcoin transaction, but they often don't know much beyond that and don't have tokens for gas or know how to use an EVM wallet.

With ZetaChain, they don't need to worry about these details. They just issue a Bitcoin transaction that triggers a deposit into your contract.

How restaking makes ETH security stronger? And what are its main risks?

Get answers to these questions at Restaking & Infra Day!

Featuring speakers from Eigen, Picasso, Etherfi, Trust Wallet, Zetta Block and others!

📅July 8, Brussels, EthCC

Grab your ticket here:
t.ly/_4Ziq

MOST ZK-DEVS MAKE THESE MISTAKES

This is not a clickbait post, but an invitation to listen to Jon Stephens, Co-Founder & CTO @ Veridise with the keynote “Lessons from the Auditing Trenches: What do ZK Developers get Wrong?”

📅July 9, Brussels, L2con

Grab your ticket here:
https://t.ly/j7j37

Hi everyone! Exciting news ahead! 📢

We're thrilled to announce a stream coming your way on May 30th at 12 PM CET, right here on the channel! 🎥

Join us as we dive deep into the realm of Web3 careers and explore the fascinating journey of transitioning from other industries. 🌐 Our special guest, Alexey, will share his personal story, challenges, and benefits in making the switch. 💼

Find out the good and bad sides of working in Web3! We'll talk about real-life examples, think about the advantages and disadvantages, and try to predict what the future jobs in Web3 will be like. 🚀🔮

And you know what? Stay with us until the end for an exciting quiz where you have the chance to get a cool PRIZE! 🏆

Click here to mark your calendar for May 30th. See you there! 🗓🚀

Written by Jasmeen

Yoo folks, our co-founder Alex will be speaking about careers in Web3 on May 30th!

Join us to secure your on-chain future💕

Lagrange Labs got $13.2M during their seed round last week. The company is creating zk-coprocessor, which is said to "unlock new data-intensive and cross-chain applications".

To understand this tech and how it got so much cash, we decided to dive into the zk-coprocessor field.

🖥What is zk-copressor?
A coprocessor is a microprocessor designed to supplement the capabilities of a primary processor. In this case, the primary processor is Ethereum.

Essentially it takes tensive computations off-chain and generates ZK proofs of the result to bring back on-chain

📊Practical Applications
Instead of building blockchains on top of blockchains, Web3 can pursue an even more modular approach to scaling by breaking away even more components, such as DA, consensus, state, and more.

This provides companies with a flexible and dynamic solution space for scaling blockchains

🔮Future
Innovations in the ZK space, specifically multi-chain verification, as well as improved ZK performance, will enable projects to really expand the solution space for coprocessors.

The future that RISC Zero (another zk-project) imagines is a universal ZK layer, one that connects and translates consensus states, DA, across a whole variety of blockchains.

In the future, it can connect it to Web2, bringing in off-chain identity, healthcare records, defence tech, AI.

Meet the person, creating the future of safe Web3 - Dr. Martin Derka!

Martin is a co-founder @ Zircuit, zk rollup with parallelized circuits and AI-enabled security.

Don't miss his keynote at L2con!

📅July 9, Brussels, EthCC

Book spot here:
https://t.ly/oqX0r

We made a folder with top Web3 channels: from news to research and the latest big deals.

Share with your friends, so they won't miss the alpha!

https://t.me/addlist/oqBenWeDufw4ZDVi

Want to make cool swag so everyone in the events will wear it, post it on Twitter and reminisce about it over the years?

Check out Dehugs - Epic Web3’s new team, solely focused on creating the best merch!

Now accepting orders for the EthCC

Just published an article about based rollups and how they can change Web3!

A full blown long read 😁

Check it out here:
https://telegra.ph/Based-Rollups-The-Backbone-of-the-Ethereum-Network-Effect-04-25

Grab this free list worth $1000 while you can!

300+ resources that every Web3 builder should follow to succeed during the bull.

12 categories including:
Newsletters
Podcast
Twitter accounts
Youtube channels

Only useful channels, curated every month by our team.

Here’s the link:
https://www.epicweb3.com/web3resources

Presenting L2con during EthCC!

✨​Join the biggest conference dedicated to Ethereum Layer 2 Scaling solutions.

Developer-focused event with ​55+ top speakers, whaaat?!

Web3 developers, founders, researchers, and enthusiasts are welcome!

📅July 9, Brussels

Book spot here:
https://t.ly/oqX0r

We’ve analyzed over 1,000 resources for this…

After three months of work, it’s ready.

300+ resources that every Web3 builder should follow to succeed during the bull.

12 categories including:
- Newsletters
- Podcast
- Twitter accounts
- Youtube channels
And more…

Only useful channels, curated every month by our team.

Check it out here!

3 major roadblocks to DeFi adoption by institutions - from Andrei Duma, Head of DeFi @ LI.FI

🤓It’s confusing - why do users need three separate accounts for different chains just to buy a token on chain B? Coming from a traditional banking background, institution people expect to manage everything easily through phone or app, not juggle multiple platforms. It's not user-friendly.

😕It’s hard to use - It's a lot of clicks that can mess up things and you can get hacked. You can send the money to the wrong address.

🙀It's scary - there is a lack of clear regulations and it’s easy to mess up something

The future of data availability: 4 insights from Anurag Arjun, co-founder of Avail!

🧮The DA is becoming commonised: DA will become a basic and essential feature, so widely available and inexpensive that it won't serve as a competitive advantage.

📊The market is saturated: Many DA solutions are on the market, making DA more accessible and less costly.

💰Cost is not a game changer: Since low-cost DA will be common and not a unique selling point, it’s important to what companies can provide on top of the DA. Simply being a low-cost doesn’t mean you will win.

🏔Data availability projects need to provide more: The real value for companies will come from what additional services they can offer on top of the basic DA layer. For example, Avail Nexus and Fusion have the strategy to enable scalable DA and unify various blockchain rollups into a framework that simplifies user interactions.


Listen to the full podcast here:
Youtube
Spotify
Apple Podcasts

Tuesday event was a blast!

🚀Despite the storm, we had over 500 guests! We did not even have enough badges for all the people coming. Thank you all for visiting us!

🌞All (almost) speakers made it to the event!

🤽We’ve had a great venue with the pool! Sadly, all of Dubai was a pool that day, so no one swam.

Have a great Token2049 week! See you next in Brussels, on July 9!