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The REX-Osprey Solana staking ETF (SSK) was listed in Chicago on July 3, with a first-day volume of $33 million, exceeding expectations. SSK not only tracks the market price of Solana but also provides staking rewards, using "C corporation" registration to bypass traditional approval processes; however, it faces higher tax burdens and regulatory scrutiny challenges. This success provides a reference model for more encryption asset ETFs.

The article summarizes the "protocol design" course launched by a16z, emphasizing the importance of protocol design in the development of Web3. By reviewing the evolution of internet protocols, it points out the combination of decentralization and economic models in Web3. The article also explores practical cases of transforming Web2 protocols into Web3 and the key elements of decentralized protocol design, providing guidance for entrepreneurs to build stable ecosystems.

On April 8, 2024, the Hong Kong Convention and Exhibition Centre will host a special sub-forum on Web3 gaming, becoming part of the Hong Kong Web3 Carnival. This grand event will last for four days and is expected to attract 50,000 attendees and over 300 speakers, focusing on Web3 technology and industry development, providing opportunities for collaboration and communication.

Tesla is giving a stock award of 96 million shares to Elon Musk, which will bring his total ownership of the company to about 14.6%, up from 12.9% currently (after taxes, which he wouldn't need to pay for a couple years). The main goal of this stock award is to give him part

More and more Web3 projects are introducing points systems to enhance user retention and engagement. Points can help optimize the Token economic model, strengthen community loyalty and interaction, and adapt to the rapidly changing market environment. By designing a reasonable points system, projects can more effectively manage user expectations, attract continuous follow, and enhance their competitiveness.