Ethereum’s market cap is currently ~$250B and with ETH being a core component of DeFi, there are strong incentives to complete The Merge bug-free and as smoothly as possible. Since the shadow fork 4 test of The Merge from the 12th of May 2022 went very well, it is now likely The Merge is happening this summer.
Investment flows, friendly operational environment and strong talent base combine to set stage for Europe to lead on Web3.
As more than 800 developers gathered in Prague for the Solana x Rockaway Hacker House, part of the global Riptide hackathon, many initiatives were launched to help support the people of Ukraine and adding to efforts across the blockchain and crypto industry to send aid.
From the perspective of both users and developers, traction on alternative L1 infrastructure increased signficantly in 2021. We believe this trend will continue, and our thesis is that different chains with different features will specialize in different use cases, including Ethereum for high-value assets, Solana for gaming, and Tezos for art as examples.
NFTs were the topic of discussion at NFCastle, a conference dedicated to bridging cultural heritage and blockchain. The event was hosted by the House of Lobkowicz in the Lobkowicz Palace at Prague Castle as a way to explore the intersection of the traditional art world and the rapidly evolving technology behind NFTs. Our CIO, Dusan Kovacic, participated in a panel titled “Investing and Building – how do you build responsibly in an irresponsible world?”