Analysis of OKX Ventures’ investment projects and highlights in September
introduction
Over the past period of time, the crypto industry has been developing rapidly, and OKX Ventures has witnessed the rapid changes in the industry:
The social track has ushered in phenomenal products. Friend.tech’s revenue exceeded 10,000 ETH, TVL exceeded 30,000 ETH, and total fee income in September exceeded the decentralized exchange Uniswap; this has driven the growth of the social track, including Farcaster The data of multiple Friend.tech imitation disks increased accordingly. The infrastructure that has been fully funded will make larger-scale social, gaming and entire application tracks possible;
With the passage of the Ethereum ETF, the single-day turnover exceeds 20 million, and the industry expects that the passage of the Bitcoin spot ETF will also become inevitable; combined with the halving of Bitcoin in April next year, the release of policy dividends and the industry cycle, we There are reasons to have greater expectations for industry recovery;
Telegram opens the TON Space entrance, creating TON as a new entrance to Web3; the Ton ecosystem has also exploded recently, with 500+ applications covering 16 tracks; although the TON ecosystem faces controversy, the changes in its 800 million monthly active users are still worthwhile focus on.
OKX Ventures continues to pay attention to the industry, continues to be optimistic about infrastructure, Ethereum ecology, DeFi and other tracks, and has invested in projects such as Aark Digital, DappOS and 0x Scope.
Project list
Aark Digital
Project Overview
Aark Digital is a Peer-to-Pool sustainable DEX customized for professional traders on Arbitrum, providing the ultimate solution to the pain points of sustainable DEX.
Aark Digital excels in both innovation and user-friendliness, making it very user-friendly for both traders and liquidity providers.
For traders: Rich liquidity, 50+ trading pairs, any asset as collateral and cross-margin trading.
For liquidity providers: leveraged liquidity provision, spread-neutral liquidity provision, and insurance funds
Project Highlights
The Layer 2 derivatives track has huge room for growth. In the future, more and more derivatives transactions will be conducted on the chain, and trading markets such as GMX have verified the feasibility of the track.
Aark Digital provides an optimized trading experience and innovates existing mechanisms.Koala brings the trading experience and income optimization of traders and LPs.
The trading experience comes from the PMM model, which provides sufficient liquidity similar to CEX for trading. The transaction security mechanism is reasonably designed, and the oracle machine design is in line with expectations. The index price and premium pricing models provide arbitrage opportunities for the arbitrator to balance the price feeds of the protocol and CEX.
Taken together, Aark Digitals development progress is relatively fast, and it continues to innovate under the existing derivatives model, providing traders with a friendly trading experience, stabilizing and improving the efficiency of the LP pool.
DappOS
Project Overview
DappOS is the first intent-centered operating protocol, aiming to make the user experience of dApps as friendly as mobile applications, thereby lowering the barrier to entry for Web3.
To bring the next billion users to Web3, user experience is very important. However, current dApps are still too difficult for mainstream users to use. Two of these issues are thought to be the cause of most disorders. dappOS mainly solves the entry problem for user experience. dappOS solves this problem by building an intermediary layer between users and crypto dApps. Users can only interact with dappOS, and dappOS will take care of interacting with and automating workflows for the cryptographic dApps the user needs to access.
Currently, dappOS has more than 20 cooperation projects, including GMX, Perpetual, BENQI, etc., which have all used dappOS. dappOS now supports 10 chains.
Project Highlights
DappOS provides a user-friendly experience and solves complex workflow and web3 wallet problems by building an intermediary layer between users and cryptographic infrastructure. Users only need to interact with dappOS, which will help users interact with cryptographic infrastructure and automate workflows.
For client users, dappOS provides user portal products that integrate various dApps. In the future, DappOS will also provide mobile APPs to further lower the user threshold.
For developers, dappOS provides dApp SDK. You can also develop mini program versions on our mini program platform to provide a web2-like user experience.
For the client, DappOS looks at dApps integrated with the dApp SDK, which will provide mobile APP development tools and provide developers with a friendly development experience.
DappOS is one of the earliest products dedicated to intent centricity. It provides users and developers with a friendly experience so that users do not need to understand complex on-chain product logic. It is the infrastructure that will introduce the next billion users in the next era.
0x Scope
Project Overview
0x Scope Protocol is a data knowledge graph protocol. Through a set of graph computing-based aggregation algorithms, it associates data points scattered in Web2 and Web3 into a real dense structured semantic data network, which aggregates scattered data into real and usable data. Information.
0x Scope aims to integrate on-chain data across protocols, systematize and visualize dispersed data, outline user portraits, help Web3 protocol builders better understand users, and at the same time provide data support for the integration of Web3 with the real world.
Project Highlights
An impressive feature of 0x Scope is tracking and insights into address owners and relationships to other addresses. 0x Scope is taking a two-pronged approach to changing the way people process, use and view data.
We believe that 0x Scope has made excellent products on both the user side and the developer side, and can meet the needs of both parties:
On the user side, 0x Scope is building an open source data layer where people can upload, validate, process and download Web2 and Web3 data. Currently 0x Scope has over +10,000,000 data tags and tags, supports responsible on-chain data nodes, and is able to parse the real-world semantic layer.
On the developer side, 0x Scope is building analytics tools at this layer to show developers what is possible and pave the way for the community to develop powerful dApps. Provides API services to access various on-chain data, including entities, behaviors, web2 social connections, etc., supporting developers with the information needed to build dapps.
In short, we believe that 0x Scope is the semantic layer for building web3 user portraits and an important bridge linking Web2 and Web3 data.
About OKX Ventures
OKX Ventures has long and firmly embraced the future of decentralized development, firmly bet on decentralization, and long-term adheres to the concept of serving the Crypto innovation industry. OKX Ventures is not a financial investor in the traditional sense. We not only “give money”, we are also willing to “give services” and have the ability to “give resources”. We are willing to accompany all “entrepreneurial partners” to grow together. Not only to be a discoverer of excellent teams, excellent products and innovative technologies, but also to be an enabler of excellent entrepreneurial projects. At the same time, OKX Ventures is the link between the project and OK group. OKX ecosystem support: OKX Wallet, NFT Marketplace, OKX Chain; OKX ventures uses OKX’s years of experience in the industry to provide a multi-dimensional platform and support for project development.
Even though the global macroeconomic environment is not optimistic enough and black swans continue, OKX ventures focuses on the development of the industry itself, rather than the so-called bulls and bears; we pay more attention to real theoretical innovation, real operable new applications, real user inflows, real The size of the entire industry is increasing. We are optimistic about the development of Ethereum ecology, multi-chain ecology, Bitcoin ecology, infrastructure construction and innovative applications in the next few months.
