Curated News
By: NewsRamp Editorial Staff
July 24, 2024
HTX Ventures' Key Observations and Engagement at EthCC 2024
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- Attending the largest annual European Ethereum event EthCC can provide valuable insights and connections for investment analysts from HTX Ventures.
- Vitalik Buterin outlined five main improvement directions for Ethereum, focusing on areas such as decentralized DeFi, Layer 2 solutions, security, and protocol simplification.
- Supporting the long-term development of the Ethereum ecosystem is essential for advancing the crypto user experience and making tomorrow better than today.
- The Ethereum ecosystem showcased forward-looking technical discussions and application explorations, providing valuable insights for the crypto community.
Impact - Why it Matters
The news provides key insights into the current market situation, Ethereum's roadmap, investment trends, and the impact of upcoming events on the crypto market. It also highlights the misalignment of investment direction and the alternative blockchain ecosystems receiving attention. The commitment of HTX Ventures to supporting the long-term development of the Ethereum ecosystem and advancing the crypto user experience is evident.
Summary
Singapore / July 24, 2024 – 2024 marked the 10th year anniversary of Ethereum ICO. Several investment analysts from HTX Ventures attended EthCC in Brussels to learn from front-end developers and connect with VCs. Vitalik Buterin delivered a keynote speech, outlining Ethereum's roadmap for decentralized DeFi, Layer 2 solutions, security, light clients, and protocol simplification. The pace of investment for VCs is temporarily slowing down due to market ambiguity and high FDV VC rounds. The consensus agrees that having strong consumer applications is crucial to blockchain technology, but currently, funding is still going towards infrastructure. Outside the main Ethereum ecosystem, attention is on community-driven blockchains, parallel EVM blockchains, and the BTC ecosystem. The release of blockchain ETFs and the upcoming US presidential election will affect crypto regulations and market liquidity. HTX Ventures sponsored and spoke at several side events, showcasing a commitment to supporting the Ethereum ecosystem and advancing the crypto user experience. HTX Ventures, the global investment division of HTX, identifies cutting-edge technologies and emerging business models within the blockchain sector. They presently back over 200 projects spanning multiple blockchain sectors and collaborate with premier global blockchain funds. Feel free to contact them for investment and collaboration at VC@htx-inc.com.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, HTX Ventures' Key Observations and Engagement at EthCC 2024
