U2U Network Monthly Report: Key Updates And Highlights In May

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 May, U2U Network proudly achieved significant strides, forging strong partnerships with over 11 distinguished enterprises, including names like CryptoChallengers, Chainwire, OpSec, Vibranium Audit, Cluster, SubQuerry, OpenTaskAI, 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 258 Potential Partners. Additionally, we have established warm contacts with over 48 Partners including VCs, Top 100 DePIN Projects, and Community Partners.

The Release Of X721 Marketplace and GroFi Dex

X721 Marketplace — The First NFT Marketplace In U2U Network Ecosystem!

💥 Endorsed by U2U Foundation, X721 Marketplace is an innovative and the first NFT Marketplace in U2U Network ecosystem that allows users to mint, buy and sell NFTs easily and conveniently.

👉 Check out X721 Marketplace here: https://testnet.x721.io/

✅ Join X721 Marketplace’s community: https://t.me/NFT_X721

X721Marketplace ensures every transaction is safe and transparent, so your digital treasures are always secure! X721 Marketplace’s INO Launchpad is where the magic happens. Picture it as a vibrant playground where groundbreaking projects take flight and artists connect with their communities. Let’s make some digital dreams come true!

GroFi Dex — the premier one-stop-shop for DeFi on the U2U Network!

Endorsed by the U2U Foundation, GroFi Dex leads the way in decentralized trading, setting new standards in capital efficiency and trading innovation.

👉 Check out GroFi Dex here: https://testnet.grofidex.io/

✅ Join GroFi Dex’s community now: https://t.me/GroFi_Dex

🔹 What Sets GroFi Dex Apart?

• Concentrated Liquidity Market Maker (CLMM): Customize your liquidity within specific price ranges, significantly reducing impermanent loss and boosting capital efficiency.
• Multiple Fee Tiers: Choose from various fee tiers that align with your risk tolerance and liquidity preferences.
• Customizable Price Ranges: Tailor your liquidity positions to target specific trading ranges, maximizing your returns.
• Auto Market Maker (AMM): Trade different types of assets in a decentralized manner, ensuring security and transparency in every transaction.
• Liquidity Pools & Yield Farming: Provide liquidity and earn fees, or engage in yield farming for additional rewards.
• Staking: Stake your U2U tokens directly on GroFi Dex and potentially earn more while you contribute to the network’s strength.

As the top decentralized exchange on U2U Network, GroFi Dex is not just a platform but a revolution, offering the highest trading volumes and a safe, yield-positive approach to liquidity provision.

An Eventful Month For U2U Network

The Blockchain Startup Pitch Competition

Ms. Thuy Anh, Founding Member & CIO of U2U Network, joined the Blockchain Startup Pitch Competition, hosted by Venture Capital Community, as one of the esteemed judges!

With the presence of Ms. Thuy Anh and her exclusive insights, the Competition has received incredible recognition from the community.

Doric Developer Meetup 2024

Ms. Dang Thi Thu Thao, CPO of U2U Network, joined the Doric Developer Meetup 2024 as a speaker & event partner!

The event saw a gathering of developers, entrepreneurs, and blockchain enthusiasts last May 25th! Ms. Dang Thi Thu Thao had a great time connecting and sharing with every participant about her insights on DePIN and its development.

R3al World DePIN House — The DePIN Event By Iotex

R3al World DePIN House is the first and largest community event for DePIN and real-world applications, powered by IoTeX at Consensus 2024. It is a celebratory collaboration of ideas, expertise, and experience from top leaders in the sector. The previous R3al World events have electrified 7 cities, drawing in over 650 investors and 6,000 attendees, sparking a global technology revolution and propelling DePIN into the spotlight.

Mr. Thuc Bui, Chief of Research & Development at U2U Network, joined as a distinguished speaker, sharing insights alongside leaders from NEAR Protocol, Helium, Filecoin, Mind Network, The Graph, Halborn, and more.

DePIN & AI Infra Meetup & C(S)Hill With zkPass

Mr. Johannes Ott, Head of Ambassador of U2U Network, participated in the vibrant DePIN & AI Infra Meetup & C(S)Hill With zkPass party at Consensus 2024 and had a great time sharing his insights and representing U2U Network alongside fantastic co-hosts like Cookie3, Koii Network, OKX Ventures, OORT, Powerpod, Rivalz Network, and Halborn.

Besides the exciting events that U2U Network joined in the past month, we can not neglect the amazing AMA that we were also actively engaging in.

Get To Know X721 Marketplace — The First NFT Marketplace in U2U Network Ecosystem

This AMA session was the go-to event for all pressing questions about X721 Marketplace, expertly addressed by Mr. Tony, the Product Lead of X721 Marketplace.

In this engaging session, Mr. Tony unveiled the unique features and exciting future plans for X721 Marketplace, ensuring the community was well-informed about the latest updates in the U2U Network ecosystem.

Explore GroFi Dex — The One-Stop-Shop For DeFi In U2U Network Ecosystem

An AMA dedicated to all information around GroFi Dex, from what its unique features are to what plans GroFi Dex has for the future.

During the AMA, Mr. Neo engaged with the U2U Network community, answering a wide range of questions and offering a glimpse into the innovative vision behind GroFi Dex.

U2U Network x Bmoon: “From Local Roots to Global Success: Building a Global Network and Funding Strategy for a Vietnamese Layer 1.”

The AMA session featuring Ms. Chloe Phung, Co-Founder & CMO of U2U Network, was a dynamic occasion for the community to gain exclusive insights from our esteemed leader. Ms. Chloe Phung shared valuable knowledge about global networking and funding strategies, shedding light on how U2U Network plans to transform its local roots into a global success. The engaging discussion provided the community with a clear understanding of the ambitious vision and strategic direction for the Vietnamese Layer 1 project.

Community Achievements

During May, U2U Network experienced remarkable engagement and growth in our community, boasting over 2,000 daily interactions on our Telegram channel. This lively month saw the addition of more than 24,000 new members across all our social platforms, eager to contribute to and enrich our discussions. 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!