U2U Network Monthly Report: Key Updates And Highlights In June
May has been a good month for U2U Network, and it’s time to look back at the incredible achievement of this month!
Partnership For The Next Big Things
In June, U2U Network proudly achieved significant strides, forging strong partnerships with over 12 distinguished enterprises, including names like Kaisar Network, VMO Blockwise, Script Network, Ultimate Digits, NOTT, and BLOCX, among others. These alliances underscore our dedication to spearheading innovation within the realms of blockchain and Web3 technologies.
👉 For an in-depth exploration of each partnership, click here: https://medium.com/@unicornultra
U2U Network achieved remarkable progress in expanding our partnerships, reaching out to over 387 Potential Partners. Additionally, we have established warm contacts with over 64 DePIN Projects.
IDG Blockchain Joined The Seed Round Of U2U Network As A Co-Lead
IDG Blockchain is an early-stage venture capital fund focusing on blockchain, AI, and emerging technologies with a global vision. IDG Blockchain has significantly influenced technological innovation, and its portfolio includes notable names such as dappOS, Pontem, Lumoz, ZkEX, Avalon, Catalyst, and Grindery, all of which have made great progress.
A proud member of the IDG Capital network, IDG Blockchain combines 20+ years of VC experience managing its earlier brother fund (IDG Ventures Vietnam, $100M) and a GP team of established technology and business experts in the Web3 space. IDG Blockchain is well-known in Southeast Asia and making its name known in the US. In fact, most of its portfolio companies are from the US. IDG Capital is renowned for pioneering venture capital in China. World-renowned investments include Tencent, Baidu, Ctrip, Xiaomi, Shein Meituan, iQiyi, SenseTime, Moncler, and Farfetch. After the success in China, the firm has expanded globally, operating 11 offices worldwide, managing several funds and being the backer of numerous global unicorns. Today, it has 23 billion USD of assets under management. Recognizing the transformative potential of blockchain technology, IDG Capital has made selective and visionary investments in notable projects such as Ripple, Coinbase, and Circle.
With the ambition in the Trillion-Dollar DePIN Market of U2U Network and IDG Blockchain’s 20+ years of VC expertise + a seasoned Web3 technology and business team, IDG Blockchain’s strategic investment in U2U Network will focus on building a sustainable and expansive ecosystem for DePIN technologies. This involves improving the Subnet Protocol and enhancing tools that simplify development for developers.
👉 For more details, please click HERE.
👉 See what Cointelegraph and Coindesk are saying about the strategic investment and our potential impact in the trillion-dollar DePIN market!
Coindesk:
An Eventful Month For U2U Network
Sailing to Success: A Night to Remember of DePIN Alliance Yacht Party
DePIN Alliance Yacht Party aimed to pave the way for a brighter future for DePIN. As the most anticipated side event of GM Vietnam — Vietnam Blockchain Week, Vietnam’s most highly anticipated blockchain conference, the party became a hotspot for over 150 top-tier VCs, industry leaders, and influential figures in blockchain, DePIN, RWA, and key members of the Web3 market. Notable attendees included IoTeX, Bmoon, Borderless Capital, MVL Chain, Deeplink Chain, NOTT, Aethir, Witness Chain, Powerpod, AzCoiner, Farmsent, Hashlock, Haven1, ATOR, Hotspotty and many others. The event successfully showcased the potential and innovation within the DePIN ecosystem, setting the stage for future advancements and collaborations.
The event achieved remarkable audience engagement, evidenced by impressive metrics: 800+ registrations, 200+ total approved attendees, a total of 1,000,000+ impressions across all our social media platforms and event channels. Also, over 360,000 people at Times Square witnessed our event, significantly extending our reach and showcasing it to a global audience. These figures highlight the high level of interest and active participation from our attendees, contributing significantly to the overall success of the event.
👉 Read the full Recap of DePIN Alliance Yacht Party here: https://medium.com/unicorn-ultra/sailing-to-success-a-night-to-remember-of-depin-alliance-yacht-party-191b9ea6b083
U2U Network At The Hackday Opening, Hosted By ZKP Labs Viet Nam
Mr. Lew Tran, Co-founder & CEO of U2U Network, rocked the stage with his insights and shared some serious knowledge bombs at The Hackday Opening, a part of Vietnam Rust Hackathon, organized by ZKP Labs Viet Nam and GM Vietnam. His talk was a game-changer for all the hackathon teams!
Subnet VM Stole the Spotlight with Second Prize at Vietnam Rust Hackathon
We snagged the Second Prize in the CKB Eco Fund track and also credit from AWS, Orochi, and QuillAudits at the Vietnam Rust Hackathon 2024!
Our star topic, Subnet VM, turned heads with its groundbreaking approach to boosting blockchain performance. Imagine Ethereum’s EVM but supercharged — that’s our Subnet VM! It takes client requests, processes the logic, and then seamlessly pushes transactions onto the chain.
U2U Network Marked A Major Reach In The Philippines
Ms. Astrid Dang, CPO of U2U Network, took the stage at the General Membership Meeting 2024, hosted by the Blockchain Council of the Philippines in Manil, to share insights on cutting-edge technology and the ambitious vision of U2U Network. Her presentation was met with enthusiasm and sparked lively discussions among attendees. It was an honor to connect with the Blockchain Councils of the Philippines, Australia, Malaysia, and Singapore.
“How To Grow Your Eco” — 3.5K Tuned In
In this special AMA, leaders from U2U Network, MVL, and Memetaverse came together to share their insights and experiences on building and expanding their ecosystems.
👉 Rewatch the AMA HERE.
“Building Tomorrow: Inside U2U Network’s Expansive Ecosystem” — 1.2K Tuned In
During the AMA session, we unveiled the groundbreaking developments and future plans of U2U Network. Esteemed leaders from U2U Network GroFi Dex, X721 Marketplace, and aDrop.ai delivered insightful presentations and engaged in lively discussions. This AMA provided a fantastic opportunity to connect directly with the visionaries behind our pioneering decentralized projects.
👉 Rewatch the AMA HERE.
“Reveal the Top 3 Project Winners of U2U Spring Hackathon”
The audience had an amazing time connecting with the brilliant minds behind the top 3 winning projects: Nimbus, Tokentails, and aDrop.ai. Each team shared their unique missions and visions, highlighting how their projects are set to drive innovation in the Web3 industry.
“DePIN Alliance? Let’s go!” — 3.1K Tuned In
This AMA was a discussion all about DePIN to build the future of a united DePIN community with U2U Network, Ultimate Digits, Kaisar Network, and AI Apocalypto.
Community Achievements
U2U Network’s hit the 60k follower mark on Twitter and is well on the way to 70k. Our Telegram community has blossomed to an impressive 75.8k members, while our Discord family has grown to 35k strong with a 30% daily active rate. These numbers highlight the incredible growth and engagement within our community, showcasing the increasing interest and support for U2U Network. Plus, we’re thrilled to announce the launch of a new local Telegram group in Greek, further expanding our global presence. These accomplishments highlight the enthusiastic support from our community, affirming U2U Network’s position as a key player in the Web3 ecosystem.
Reflecting on last month’s milestones, it’s clear that U2U Network is making significant strides in the dynamic realm of Web3 and blockchain. As we look to the future, anticipate even more thrilling updates and groundbreaking innovations from us. We are dedicated to expanding our impact both in Vietnam and around the globe. Stay tuned for what’s coming next!
