Focus on TOKEN2049: What are the new highlights of the long-dormant crypto market?

Original text: flowie, ChainCatcher

On September 18, TOKEN 2049, Web3s most anticipated annual summit, officially kicked off in Singapore. Global Web3 bigwigs gathered, bringing intensive highlights to the long-dormant crypto market.

During the conference, altcoins experienced a general rise, and many projects also chose to announce important strategic plans at this time. ChainCatcher briefly sorted out the dynamics of some important projects.

Solana plans to release the next-generation Web3 smartphone Solana Seeker in 2025

Solana Mobile has officially announced details of its next-generation Web3 smartphone, Solana Seeker. Originally named Chapter Two, the device is scheduled to be released in 2025 and will offer a number of improved features.

Seeker has received over 140,000 pre-orders, and the Solana mobile development community has actively embraced Seeker, developing a large number of exclusive dApps and features for the device. Seeker’s core features include a built-in self-hosted Seed Vault wallet, the Solana Mobile dApp store, the Seeker Genesis Token (a soul-bound NFT), and upgraded hardware configurations.

Solana co-founder Anatoly Yakovenko said Seeker will offer a higher standard than Saga at a more affordable price, aiming to become the most defining Web3 mobile device next year.

Polygon will launch new features and tools to lower the threshold of development

Polygon co-founder Sandeep Nailwal delivered a speech titled The Age of Aggregation at the TOKEN 2049 conference, in which he discussed in depth the current status and future trends of the blockchain industry.

Sandeep also revealed Polygons upcoming new features and tools, which aim to further lower the development threshold and improve user experience.

Berachain mainnet and tokens are planned to be launched by the end of 2024

Vance Spencer, co-founder of Framework Ventures, said at Token 2049 in Singapore that the Berachain mainnet and token are scheduled to be launched by the end of 2024.

Spencer believes that Berachains POL consensus mechanism can introduce a fully consistent blockchain ecosystem by transferring part of the profits back to ecosystem participants: when users stake BERA, they must direct the liquidity they receive to these primitives. In this way, all fees remain in the ecosystem. They all flow to BGT and BERA holders, which is what the market desires.

OKX announces new upgrade plan for OKX wallet

OKX CMO Haider Rafique announced the latest updates on the OKX wallet upgrade at a fireside chat at Token 2049 Singapore.

The improvements mainly include a brand new interface, expanded token discovery capabilities, support for millions of cryptocurrencies and collectibles, and access to more than 100 public chains and thousands of DeFi products.

The revamped OKX Wallet serves as a unified self-hosted portal, providing an on-chain experience across more than 100 networks, including mainstream public chains such as Bitcoin, Ethereum, Solana, and TON. Transparency and security remain paramount in this user experience update, with risk assessments performed on more than 1 million tokens and thousands of DeFi products. OKX Wallets commitment to security was recently recognized by CertiK, a leading global Web3 security company, which ranked it as the top on-chain wallet in the global cybersecurity field.

Bitget becomes the official partner of the Spanish Football League (LALIGA)

Bitget announced during the Token 2049 event that it has become the official partner of the Spanish Football League (LALIGA).

Bitget said that this multi-year cooperation is worth tens of millions of US dollars and also marks Bitgets strategic expansion in the sports field in East Asia (EASTERN), Southeast Asia (SEA) and Latin America (LATAM).

Bitstamp plans to expand its business in Australia, and the Robinhood acquisition is expected to be completed in 2025

cryptocurrency exchange Bitstamp has announced that it will strategically expand its Australian institutional business in 2024.

Bitstamps global chief commercial officer Bobby Zagotta said at the Token 2049 Summit in Singapore that the Asia-Pacific region has become the companys key development area. Currently, Asian business accounts for 20% of the groups global revenue, and the European market contributes 65%.

Zagotta stressed that Bitstamp, with its global operating experience, is expected to provide differentiated services to Australian institutional clients. Earlier news, Robinhood agreed to acquire Bitstamp for $200 million in cash. The transaction is undergoing regulatory approval in multiple jurisdictions and is expected to be completed in the first half of 2025.

Zagotta pointed out that the acquisition is expected to bring a large amount of retail trading traffic to Bitstamp and significantly improve market liquidity.

Parallel announces new 3D shooting game Tau Ceti, plans to open beta in 2025

The development team of the Ethereum NFT card game Parallel announced a new 3D first-person shooter game project Tau Ceti at the Token 2049 Conference in Singapore.

The game will allow players to use their Parallel NFT avatars to battle on a sci-fi planet. Unlike the upcoming AI-centric game Colony, which will be launched on the Solana blockchain, Tau Ceti will return to Coinbase’s Ethereum second-layer network Base.

The game is scheduled to be released in early alpha testing on PC in 2025, with mobile and console versions likely to follow in the future. The Parallel team stressed that while Tau Ceti is being developed, their focus remains on providing meaningful updates to the Alpha versions of TCG and Colony.

IoTeX and Polygon jointly launch the construction of DePIN layer for multi-chain interoperability

At the 2049 DePIN theme summit R 3a l World in Singapore, IoTeX Co-Founder Raullen and Polygon Co-Founder Nailwal jointly announced that they will start building a DePIN layer that supports all chains.

The DePIN layer will be launched with the joint support of the IoTeX 2.0 DePIN modular platform and Polygon’s blockchain aggregation layer AggLayer. This collaboration will provide better cross-chain communication and liquidity expansion for projects connected to the DePIN module on IoTeX, allowing users to interact on the chain of their choice.

Parallel EVM public chain Artela announced that the mainnet will be launched in the fourth quarter

At the Token 2049 event in Singapore, Artela announced that its mainnet will be launched in the fourth quarter of 2024 and released a development roadmap.

Artela plans to launch the initial community airdrop after the mainnet goes online in Q4 2024, announce the first batch of ecological projects to be launched on the mainnet, and enable token delegation for validator nodes.

In the first half of 2025, Artela plans to complete the parallelization of EVM and launch the Artela Frontier developer incubation project and the second phase of the community token distribution plan.

In the second half of 2025, Artela will launch full-stack parallelization, modularize its core innovation Aspect, and launch EVM++ innovative ecological applications, and then enter the third phase of the community Token distribution plan.

TOKEN 2049 launches decentralized artificial intelligence association DAIS

During the TOKEN 2049 conference, TOKEN 2049 also announced an important development - the launch of the Decentralized Artificial Intelligence Association DAIS, which aims to promote safe and beneficial artificial intelligence by promoting cooperation between cryptocurrencies and other organizations working in the emerging decentralized artificial intelligence ecosystem.

With the support of founding members CETI Al, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey, and Lumerin, the non-profit DAIS will help the industry unite to overcome capital, engineering, policy, and public education barriers to better compete with centralized models in the AI arms race. DAIS believes that AI must be open and decentralized to serve humanity, rather than the interests of a few tech giants.

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