[PRESS RELEASE – Please Read Disclaimer]
On June 18, 2022, Huobi Incubator co-hosted and sponsored BeWater DevCon 2022, in partnership with BeWater, a hardcore developer community. Held in the San Francisco Bay Area, the developer conference was designed to encourage dialogue and collaboration between blockchain and Web3 developers in the U.S. and Asia. Over 300 developers attended the event, including many from Asia who participated through livestreaming.
The conference featured a number of industry experts and focused predominantly on the technologies that will enable Web3 development; topics included zk-based blockchain technology, sharding scaling solutions, decentralized storage, and zero-knowledge proofs. Top speakers included Mina Protocol CEO Evan Shapiro, Scroll co-founder Ye Zhang, Arweave co-founder Sam Williams, Octopus Network founder Liu Yi, and Jake Stolarski, Technical Lead at Cube Network, an emerging Web3 blockchain. Representatives from Polychain Capital, Uphonest Capital, DFG Capital, and Foresight Ventures also participated on a panel.
During the event, Cube Network Technical Lead Jake Stolarski presented on “High-performance Modular Blockchain Supporting Multi-chain Structure.” Based on the belief that multi-chain networks will become the future of the blockchain industry, he expounded upon the technical characteristics of Cube Network, as well as how its roadmap supports the industry’s gradual progression towards multi-chain structures. Cube Network launched its mainnet on June 6, and adopts a modular layered architecture with built-in Rollup technology to enable unlimited scaling of transactions.
At the conference, experts also discussed the impact of the current bear market. On a panel, Joanna Liang from DFG Capital said that the fundamentals of this bear market are very different from the bear markets of 2018 and 2019, and that because today’s blockchain infrastructure is much more developed, people have more freedom to explore new technologies.
Suning Yao from Foresight Ventures echoed those comments, mentioning that builders can do more and try new things in today’s bear market. For example, they can try new languages such as Move or Cairo, and explore the possibilities of new ecosystems. He noted that going forward, Foresight Ventures will pay more attention to truly disruptive innovations, as well as the development of crypto-native cultures around DAOs and NFTs.
Committed to nurturing startup projects and promoting the development of a global Web3 ecosystem, Huobi Incubator has cooperated with Avalanche, DFINITY, Octopus Network, FBG Capital, and other blockchain institutions to foster the growth of promising Web3 start-ups. Over 100 outstanding startup projects have been supported by Huobi Incubator and its affiliated hackathons and network partners.
Huobi Incubator is a professional, full-cycle project incubator that integrates industry research with investment funds, incubation processes, and accelerators. With the mission of accelerating startup project development across all stages and users, Huobi Incubator helps entrepreneurs and startups overcome obstacles, achieve rapid growth, and work toward their respective visions and goals.
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