Hashed Annual Meeting Travel Notes 1. When everyone was crazy about holding conferences, Hashed, the largest Crypto institution in South Korea, was also involved in holding a conference. It is more like an annual meeting than a conference, because it is more like a gathering of all the invested projects and LP investors. 2. There are still a few Chinese people at the scene, more than 500 people, mainly from Europe, America, Japan and South Korea. Although it is the first year, I hope there will be more Chinese faces next year. 3. Modularity, derivatives, and parallel EVM are the tracks that are generally discussed by peers at the venue. It can be felt that everyone has reached a consensus in this regard. Therefore, Monad and Bera, which have not been invested by Hashed, are also called to share with everyone. 4. It has to be said that serial entrepreneurs do have advantages in financing. Half of the co-founders present have participated in one or two phenomenal plates before, and everyone has their own story in the currency circle. 5. Although the LUNA incident caused indelible damage to Hashed and caused it to lose its No. 1 position in Asia, after regaining its momentum, it has launched more than 20 projects in the first half of this year, and indeed outperformed most institutions in terms of quantity. 6. Interestingly, although it is the largest Crypto institution in South Korea, its new offices are actually opened in Abu Dhabi and Tokyo. It may be to be closer to LPs. 7. Being the strongest regional fund means more bargaining chips at the negotiation table. Many founders who come to seek financing still think that taking over Hashed is equivalent to taking over the Korean market, even if the valuation is cut to a low level. 8. The first batch of Japanese creditors who received compensation in Mentougou have begun to become LPs of funds. Even if 5% of the 9 billion US dollars is given to the fund for management, there will be 450 million US dollars, which is enough for 5-10 funds to continue operating. 9. In addition to Hashed’s annual meeting, Solana’s Tokyo conference in August is also on the way. I don’t know whether these old men from Japanese consortiums will be lobbied to join SOL, but Tokyo this summer will definitely become more and more crowded and lively.
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