5G Open Innovation Lab (5G OI Lab) announced today that international telecommunication leaders AT&T and Comcast have joined its innovation ecosystem. The Lab also announced today its Batch #8 cohort -- its largest to date with over $313M in venture ...

AT&T and Comcast Join 5G Open Innovation Lab's Innovation Ecosystem as Founding Partners

G Open Innovation Lab (5G OI Lab) announced today that international telecommunication leaders AT&T and Comcast have joined its innovation ecosystem. The Lab also announced today its Batch #8 cohort — its largest to date with over $313M in venture capital raised and 17 multi-stage startups embarking on 5G OI Lab’s Fall program,

AT&T and Comcast Join 5G Open Innovation Lab’s Innovation Ecosystem as Founding Partners

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ZEDEDA, the leader in edge orchestration, today announced details around its annual industry conference, ZEDEDA Transform, set to take place on March 16. The free virtual event is open to the public and aims to equip ZEDEDA customers,

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NUBIX

nubix

Meet the Winners of Startups in North and Central America

SAN FRANCISCO, United States, July 1st, 2024/Chainwire/--Nubila,a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets, Nubila has raised $2.5 million to date. This significant investment underscores the industry's recognition of Nubila's potential to leverage AI and tokenization to empower decision-making, drive sustainable development, and build financial products with ESG data. "At Nubila, we are committed to building the infrastructure for the MachineFi revolution, serving as the 'data sensor layer' for our planet," said Ben, the founder of Nubila. "Our vision is to create a comprehensive network of advanced weather stations and sensors that capture critical environmental data. Integrating real-time ESG data into an increasing number of AI models, such as Microsoft’s recently released Aurora atmospheric model, will enhance ESG assessments and drive more informed and sustainable decision-making across industries. With this funding, we are poised to scale our operations and expand our global reach, ensuring that we contribute significantly to the sustainability and well-being of our planet.” The funds will be strategically used to scale Nubila’s operations, further develop its cutting-edge ESG Data Oracle, and pursue key strategic goals. These initiatives include enhancing data accuracy, expanding the network’s reach, increasing user engagement, and the awareness of sustainability investment. "Nubila is at the forefront of leveraging DePIN and AI to transform ESG data management," said Raullen Chai, Founder of IoTeX. "Their approach to creating a decentralized ESG network of community-owned IoT devices, delivering hyperlocal weather data to enhance predictions for various industries is revolutionary. By providing actionable environmental data, Nubila is not only enhancing ESG assessments but also enabling more informed and sustainable decision-making across various industries. We are excited to support their mission and look forward to seeing the significant impact they will make on the sustainability landscape.” This network features advanced weather stations, the only ones equipped with high-precision sensors and cameras, dedicated to gathering detailed environmental data for accurate ESG assessments. To date, Nubila has deployed 16,000 stations worldwide, collectively capturing over 100TB in weather data. About Nubila Headquartered in San Francisco, Nubila is a pioneer in the Environmental, Social, and Governance (ESG) data sector, dedicated to transforming sustainability initiatives through innovative solutions. By building the largest ESG Data Oracle within the DePIN ecosystem, Nubila leverages AI and ESG tokenization to empower decision-making, drive sustainable development and build financial products. Contact Marketing Head Darren Goh Nubila marketing@nubila.ai This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here, SAN FRANCISCO, United States, July 1st, 2024/Chainwire/--Nubila,a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston Consulting Group, with the participation from OrangeDAO, MH Ventures, Future Money Group, SNZ Capital, DePINsurf, Kronos Research, Taisu Ventures, Bytetrade, WaterDrip, Deepin Lab, Assembly Partners, Cyber, Radiance Ventures and Genopets, Nubila has raised $2.5 million to date. This significant investment underscores the industry's recognition of Nubila's potential to leverage AI and tokenization to empower decision-making, drive sustainable development, and build financial products with ESG data. "At Nubila, we are committed to building the infrastructure for the MachineFi revolution, serving as the 'data sensor layer' for our planet," said Ben, the founder of Nubila. "Our vision is to create a comprehensive network of advanced weather stations and sensors that capture critical environmental data. Integrating real-time ESG data into an increasing number of AI models, such as Microsoft’s recently released Aurora atmospheric model, will enhance ESG assessments and drive more informed and sustainable decision-making across industries. With this funding, we are poised to scale our operations and expand our global reach, ensuring that we contribute significantly to the sustainability and well-being of our planet.” "At Nubila, we are committed to building the infrastructure for the MachineFi revolution, serving as the 'data sensor layer' for our planet," said Ben, the founder of Nubila. "Our vision is to create a comprehensive network of advanced weather stations and sensors that capture critical environmental data. Integrating real-time ESG data into an increasing number of AI models, such as Microsoft’s recently released Aurora atmospheric model, will enhance ESG assessments and drive more informed and sustainable decision-making across industries. With this funding, we are poised to scale our operations and expand our global reach, ensuring that we contribute significantly to the sustainability and well-being of our planet.” The funds will be strategically used to scale Nubila’s operations, further develop its cutting-edge ESG Data Oracle, and pursue key strategic goals. These initiatives include enhancing data accuracy, expanding the network’s reach, increasing user engagement, and the awareness of sustainability investment. "Nubila is at the forefront of leveraging DePIN and AI to transform ESG data management," said Raullen Chai, Founder of IoTeX. "Their approach to creating a decentralized ESG network of community-owned IoT devices, delivering hyperlocal weather data to enhance predictions for various industries is revolutionary. By providing actionable environmental data, Nubila is not only enhancing ESG assessments but also enabling more informed and sustainable decision-making across various industries. We are excited to support their mission and look forward to seeing the significant impact they will make on the sustainability landscape.” "Nubila is at the forefront of leveraging DePIN and AI to transform ESG data management," said Raullen Chai, Founder of IoTeX. "Their approach to creating a decentralized ESG network of community-owned IoT devices, delivering hyperlocal weather data to enhance predictions for various industries is revolutionary. By providing actionable environmental data, Nubila is not only enhancing ESG assessments but also enabling more informed and sustainable decision-making across various industries. We are excited to support their mission and look forward to seeing the significant impact they will make on the sustainability landscape.” This network features advanced weather stations, the only ones equipped with high-precision sensors and cameras, dedicated to gathering detailed environmental data for accurate ESG assessments. To date, Nubila has deployed 16,000 stations worldwide, collectively capturing over 100TB in weather data. About Nubila Headquartered in San Francisco, Nubila is a pioneer in the Environmental, Social, and Governance (ESG) data sector, dedicated to transforming sustainability initiatives through innovative solutions. By building the largest ESG Data Oracle within the DePIN ecosystem, Nubila leverages AI and ESG tokenization to empower decision-making, drive sustainable development and build financial products. Nubila Nubila Contact Marketing Head Darren Goh Nubila marketing@nubila.ai This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here, This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here , here

Nubila Kickstarts Fundraising Round Led By IoTeX, VeChain And Other Leading Investors

SINGAPORE - 9:00PM, September 24, 2024 — The Open Art, hosted by Blum, TONX, and TON Society and co-hosted by CoinGecko, All At Once, TonBit, and Google Cloud, attracted over 11,280 registered attendees—the highest number of registered attendees during Token2049 Week in Singapore. Held on September 19 at the National Gallery Singapore, one of the most prestigious venues in the country, the event saw thousands of people gathered to explore the latest innovations shaping the TON ecosystem. The event underscored the growing influence of the TON ecosystem with over 60 partners from across Web3 collaborating to showcase its potential through live discussions, keynotes, and networking sessions. Recognized as a driving force for Web3 mass adoption, the TON ecosystem continues to push the boundaries of innovation despite the market's volatility. “We at TONX are deeply committed to fostering a culture of innovation within the TON ecosystem. By bringing together thousands of attendees across APAC and beyond, we’re not only pushing the boundaries of what's possible but also highlighting the power of our SuperApp ecosystem and the new economy,” said Wego, Co-Founder of TONX. Attendees were treated to an immersive experience featuring The Open Art-themed event design and merchandise. Every detail was meticulously crafted to reflect the values the TON ecosystem stands for—freedom of expression, creativity, and innovation. “We’re proud to have hosted the largest side event at Token2049, setting another milestone for Blum,” said Vladimir Smerkis, CMO and Co-founder of Blum. “While we operate fully online, there's a unique value of in-person gatherings. This time, unlike April when Blum launched, TON and Telegram were the clear focus, dominating conversations throughout the whole conference period. Sign of times.” 35+ Web3 Leaders Share Visionary Insights on the Future of the TON Ecosystem The event began with the iconic TONX paper airplane ceremony led by Steve Yun, President of TON Foundation; Wego, Co-Founder of TONX; Gleb Kostarev, CEO of Blum; and Ekin Tuna, Co-Founder of TON Society. The main stage featured opening remarks from Gleb Kostarev, Co-Founder of Blum, followed by keynotes from Wego, Ekin Tuna, Leonard (Co-Founder of All At Once), Ian W. (Co-Founder of TON Ventures), and Eefy Lin (Web3 Solution Architect at Google Cloud). Paul Li, Co-Founder of TonBit, shared TON’s First CTF Challenge to the participants. One of the event’s highlights was a fireside chat between TM Lee, Co-Founder of CoinGecko, and Dr. Awesome Doge, Co-Founder of TONX, where they discussed the evolution and future of blockchain technology. Another key panel was the discussion between the Co-Founders of Blum, Catizen, TONX, and TON Society on both the opportunities and challenges within the TON ecosystem and the broader Web3 space. Main stage talks concluded with a special presentation by Sam from Jambo Phone. Side Stage Panels and Highlights The side stage kicked off with "TON Security Unveiled," a critical discussion on security in the TON ecosystem, featuring Norbert (Global Growth at Nubit) and Luis (Co-Founder of TonBit), moderated by Maeveknows (Co-Founder of Pukecast). Following this was a fireside chat between Jakob Palmstierna (President & CBO of GSR) and Suji Yan (Co-Founder of Mask Network) was moderated by Andi (Growth Lead of BlockMedia). The program continued with a keynote by Lemon (Co-Founder of UTonic). Following this was the DeFi panel, "Harnessing the Power of DeFi on TON," which brought together Ping Chen (Core Contributor at BeaverLand), Joshua (Head of Growth & Partnerships at Tradoor), Pang Xue Kai (Founder & CEO of ForU AI), and Keer Lau (CSO of Orbiter Finance). The panel speakers discussed how DeFi is being leveraged within the TON ecosystem. The Open Art Interactive and VIP Experiences The Open Art offered attendees a variety of interactive experiences. Booths from participating partners showcased their projects and gave exciting surprises to attendees. The Open Art VIP attendees enjoyed exclusive fast-pass access, allowing them to skip the lines and engage directly with the Web3 community. VIP attendees also received limited-edition wearable art and tote bags inspired by the event's theme of freedom of expression. Beyond the booths, the attendees enjoyed The Open Art’s dedicated game area where there were games such as an air hockey table and table football. Light snacks and beverages were also available throughout the event, allowing attendees to recharge in a casual setting. The Open Art Event Sponsors And Partners The Open Art was made possible by the generous support of its partners. The event was hosted by Blum, TONX, and TON Society, with CoinGecko, All At Once, TonBit, and Google Cloud as co-hosts. The Gold Sponsors for the event included Catizen, Nubit, IoTeX, The Open Forest, CloudMile, ForuAI, OpenTorch, Tradoor, GGI, and UTonic. The Silver Sponsors were GSR, Yuliverse, Televerse, Beaverland, Orbiter Finance, Duckchain, Duckcoop, PrivateAI, TON Polling, Bitget Wallet, and Miss W. Key partnerships also included MPost as the Strategic Partner, MVL/TADA as the Trip Partner, and Jambo as the Phone Partner. The VC Partners for The Open Art were SNZ, Summer Ventures, TON Ventures, EVG, DFG, and JSquare. The Open Art ID Treasure Hunt by Blum and TONX (TONX) The Open Art ID Treasure Hunt by Blum and TONX The Open Art featured the exciting The Open Art ID Treasure Hunt (TOA ID), hosted by Blum and TONX. Participants get a chance to win up to 10,000 USDT by minting a TOA ID, creating a Blum account, and completing at least one quest from any of the 12 participating projects. Participating projects include: Blum, WONTON, All At Once, Yuliverse, QuackQuack, Tradoor, Beaverland, MVL Chain, JamboPhone, ForU AI, Ton AI, and DUCKS. The Open Art by Blum, TONX, and TON Society, has cemented its place as a defining event of Token2049 Week, bringing together over 11,000 registered attendees, 60+ partners, and 35+ industry leaders to share visionary insights on the future of the growing TON ecosystem. About The Open Art ​​The Open Art, hosted by Blum, TONX, and TON Society during Token2049, is an event where attendees get to immerse in a night where innovation meets freedom of expression. Set within the prestigious National Gallery Singapore, attendees will have the opportunity to engage in live discussions and gain exclusive insights into Blum, TONX, and TON Society initiatives. About TONX TONX is the cornerstone that empowers builders to scale applications with Telegram and TON. As the pioneering partner of TON, TONX offers an open platform that connects developers, investors, and users to shape the new economy. Their acclaimed TON Hacker House in 2024 fueled a wave of innovative Web3 projects. TONX API, a key product of TONX, is the driving force behind the 950 million-user Web3 SuperApp ecosystem.Website | X | Telegram | TONX Event X | TONX Event Telegram | TONX blog | Build on TONX API About Blum Blum is a decentralized exchange on Telegram and beyond, offering access to tokens from centralized and decentralized exchanges, along with simplified derivatives trading—all within one app. Specializing in trading memecoins and new tokens, Blum features a unique memepad for launching new meme-based projects and incorporates gamified mechanics to enhance user engagement. Just like a flower in bloom, Blum represents the potential and beauty in the world of crypto.​Telegram | X | Instagram | Youtube About TON Society TON Society is a grassroots global movement supporting the TON community with growth systems and events. It creates local activists and engaged communities dedicated to using blockchain technology as a positive force for change. Operating across nine hubs in regions including CIS, Asia, Europe, SEA, and the Middle East, TON Society hosts up to 16 online and offline events monthly. TON Society Hong Kong is the only official Chinese-speaking community within the TON ecosystem, providing users with the fastest way to explore and engage with TON by connecting builders and enthusiasts.​TON Society X | TON Society Hong Kong X About CoinGecko CoinGecko is the world’s largest independent cryptocurrency data aggregator, tracking 14,000+ crypto assets across 1,000+ exchanges globally. It provides a comprehensive 360-degree view of the market and empowers users with actionable insights.Website | X About ​All At Once All At Once is a next-gen Triple-A game on TON, inspired by Clash Royale. With over 600K players in one month and 50K+ daily active users, All At Once delivers an immersive and rewarding experience. As a Top 14 Finalist in the “TON Hackathon: Code Summer” at ABS 2024, it promises endless value beyond traditional card games. Website | Join Game | X About TonBit TonBit is an early builder and security expert in the TON ecosystem. Supported by TONX, it is dedicated to providing security audits for TON ecosystem. TonBit is a sub-brand of BitsLab.Website | Get the TON Security Report 2024 | X For press inquiries, please contact: CC Chen | hello@tonx.tg This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here. SINGAPORE - 9:00PM, September 24, 2024 — The Open Art, hosted by Blum, TONX, and TON Society and co-hosted by CoinGecko, All At Once, TonBit, and Google Cloud, attracted over 11,280 registered attendees—the highest number of registered attendees during Token2049 Week in Singapore. Held on September 19 at the National Gallery Singapore, one of the most prestigious venues in the country, the event saw thousands of people gathered to explore the latest innovations shaping the TON ecosystem. The event underscored the growing influence of the TON ecosystem with over 60 partners from across Web3 collaborating to showcase its potential through live discussions, keynotes, and networking sessions. Recognized as a driving force for Web3 mass adoption, the TON ecosystem continues to push the boundaries of innovation despite the market's volatility. “We at TONX are deeply committed to fostering a culture of innovation within the TON ecosystem. By bringing together thousands of attendees across APAC and beyond, we’re not only pushing the boundaries of what's possible but also highlighting the power of our SuperApp ecosystem and the new economy,” said Wego, Co-Founder of TONX. “We at TONX are deeply committed to fostering a culture of innovation within the TON ecosystem. By bringing together thousands of attendees across APAC and beyond, we’re not only pushing the boundaries of what's possible but also highlighting the power of our SuperApp ecosystem and the new economy,” said Wego, Co-Founder of TONX. Attendees were treated to an immersive experience featuring The Open Art-themed event design and merchandise. Every detail was meticulously crafted to reflect the values the TON ecosystem stands for—freedom of expression, creativity, and innovation. “We’re proud to have hosted the largest side event at Token2049, setting another milestone for Blum,” said Vladimir Smerkis, CMO and Co-founder of Blum. “While we operate fully online, there's a unique value of in-person gatherings. This time, unlike April when Blum launched, TON and Telegram were the clear focus, dominating conversations throughout the whole conference period. Sign of times.” “We’re proud to have hosted the largest side event at Token2049, setting another milestone for Blum,” said Vladimir Smerkis, CMO and Co-founder of Blum. “While we operate fully online, there's a unique value of in-person gatherings. This time, unlike April when Blum launched, TON and Telegram were the clear focus, dominating conversations throughout the whole conference period. Sign of times.” 35+ Web3 Leaders Share Visionary Insights on the Future of the TON Ecosystem 35+ Web3 Leaders Share Visionary Insights on the Future of the TON Ecosystem The event began with the iconic TONX paper airplane ceremony led by Steve Yun, President of TON Foundation; Wego, Co-Founder of TONX; Gleb Kostarev, CEO of Blum; and Ekin Tuna, Co-Founder of TON Society. The main stage featured opening remarks from Gleb Kostarev, Co-Founder of Blum, followed by keynotes from Wego, Ekin Tuna, Leonard (Co-Founder of All At Once), Ian W. (Co-Founder of TON Ventures), and Eefy Lin (Web3 Solution Architect at Google Cloud). Paul Li, Co-Founder of TonBit, shared TON’s First CTF Challenge to the participants. One of the event’s highlights was a fireside chat between TM Lee, Co-Founder of CoinGecko, and Dr. Awesome Doge, Co-Founder of TONX, where they discussed the evolution and future of blockchain technology. Another key panel was the discussion between the Co-Founders of Blum, Catizen, TONX, and TON Society on both the opportunities and challenges within the TON ecosystem and the broader Web3 space. Main stage talks concluded with a special presentation by Sam from Jambo Phone. Side Stage Panels and Highlights Side Stage Panels and Highlights The side stage kicked off with "TON Security Unveiled," a critical discussion on security in the TON ecosystem, featuring Norbert (Global Growth at Nubit) and Luis (Co-Founder of TonBit), moderated by Maeveknows (Co-Founder of Pukecast). Following this was a fireside chat between Jakob Palmstierna (President & CBO of GSR) and Suji Yan (Co-Founder of Mask Network) was moderated by Andi (Growth Lead of BlockMedia). The program continued with a keynote by Lemon (Co-Founder of UTonic). Following this was the DeFi panel, "Harnessing the Power of DeFi on TON," which brought together Ping Chen (Core Contributor at BeaverLand), Joshua (Head of Growth & Partnerships at Tradoor), Pang Xue Kai (Founder & CEO of ForU AI), and Keer Lau (CSO of Orbiter Finance). The panel speakers discussed how DeFi is being leveraged within the TON ecosystem. The Open Art Interactive and VIP Experiences The Open Art Interactive and VIP Experiences The Open Art offered attendees a variety of interactive experiences. Booths from participating partners showcased their projects and gave exciting surprises to attendees. The Open Art VIP attendees enjoyed exclusive fast-pass access, allowing them to skip the lines and engage directly with the Web3 community. VIP attendees also received limited-edition wearable art and tote bags inspired by the event's theme of freedom of expression. Beyond the booths, the attendees enjoyed The Open Art’s dedicated game area where there were games such as an air hockey table and table football. Light snacks and beverages were also available throughout the event, allowing attendees to recharge in a casual setting. The Open Art Event Sponsors And Partners The Open Art was made possible by the generous support of its partners. The event was hosted by Blum, TONX, and TON Society, with CoinGecko, All At Once, TonBit, and Google Cloud as co-hosts. The Gold Sponsors for the event included Catizen, Nubit, IoTeX, The Open Forest, CloudMile, ForuAI, OpenTorch, Tradoor, GGI, and UTonic. The Silver Sponsors were GSR, Yuliverse, Televerse, Beaverland, Orbiter Finance, Duckchain, Duckcoop, PrivateAI, TON Polling, Bitget Wallet, and Miss W. Key partnerships also included MPost as the Strategic Partner, MVL/TADA as the Trip Partner, and Jambo as the Phone Partner. The VC Partners for The Open Art were SNZ, Summer Ventures, TON Ventures, EVG, DFG, and JSquare. The Open Art ID Treasure Hunt by Blum and TONX (TONX) The Open Art ID Treasure Hunt by Blum and TONX The Open Art ID Treasure Hunt by Blum and TONX The Open Art featured the exciting The Open Art ID Treasure Hunt (TOA ID), hosted by Blum and TONX. Participants get a chance to win up to 10,000 USDT by minting a TOA ID, creating a Blum account, and completing at least one quest from any of the 12 participating projects. Participating projects include: Blum, WONTON, All At Once, Yuliverse, QuackQuack, Tradoor, Beaverland, MVL Chain, JamboPhone, ForU AI, Ton AI, and DUCKS. The Open Art by Blum, TONX, and TON Society, has cemented its place as a defining event of Token2049 Week, bringing together over 11,000 registered attendees, 60+ partners, and 35+ industry leaders to share visionary insights on the future of the growing TON ecosystem. About The Open Art ​​The Open Art, hosted by Blum, TONX, and TON Society during Token2049, is an event where attendees get to immerse in a night where innovation meets freedom of expression. Set within the prestigious National Gallery Singapore, attendees will have the opportunity to engage in live discussions and gain exclusive insights into Blum, TONX, and TON Society initiatives. About TONX TONX is the cornerstone that empowers builders to scale applications with Telegram and TON. As the pioneering partner of TON, TONX offers an open platform that connects developers, investors, and users to shape the new economy. Their acclaimed TON Hacker House in 2024 fueled a wave of innovative Web3 projects. TONX API, a key product of TONX, is the driving force behind the 950 million-user Web3 SuperApp ecosystem. Website | X | Telegram | TONX Event X | TONX Event Telegram | TONX blog | Build on TONX API Website X Telegram TONX Event X TONX Event Telegram TONX blog Build on TONX API About Blum Blum is a decentralized exchange on Telegram and beyond, offering access to tokens from centralized and decentralized exchanges, along with simplified derivatives trading—all within one app. Specializing in trading memecoins and new tokens, Blum features a unique memepad for launching new meme-based projects and incorporates gamified mechanics to enhance user engagement. Just like a flower in bloom, Blum represents the potential and beauty in the world of crypto. ​ Telegram | X | Instagram | Youtube Telegram X Instagram Youtube About TON Society TON Society is a grassroots global movement supporting the TON community with growth systems and events. It creates local activists and engaged communities dedicated to using blockchain technology as a positive force for change. Operating across nine hubs in regions including CIS, Asia, Europe, SEA, and the Middle East, TON Society hosts up to 16 online and offline events monthly. TON Society Hong Kong is the only official Chinese-speaking community within the TON ecosystem, providing users with the fastest way to explore and engage with TON by connecting builders and enthusiasts. ​ TON Society X | TON Society Hong Kong X TON Society X TON Society Hong Kong X About CoinGecko CoinGecko is the world’s largest independent cryptocurrency data aggregator, tracking 14,000+ crypto assets across 1,000+ exchanges globally. It provides a comprehensive 360-degree view of the market and empowers users with actionable insights. Website | X Website X About ​All At Once All At Once is a next-gen Triple-A game on TON, inspired by Clash Royale. With over 600K players in one month and 50K+ daily active users, All At Once delivers an immersive and rewarding experience. As a Top 14 Finalist in the “TON Hackathon: Code Summer” at ABS 2024, it promises endless value beyond traditional card games. Website | Join Game | X Website Join Game X About TonBit TonBit is an early builder and security expert in the TON ecosystem. Supported by TONX, it is dedicated to providing security audits for TON ecosystem. TonBit is a sub-brand of BitsLab. Website | Get the TON Security Report 2024 | X Website Get the TON Security Report 2024 X For press inquiries, please contact: CC Chen | hello@tonx.tg This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here

The Open Art By Blum, TONX, and TON Society Draws 11,280+ Registered Attendees

Blum, TONX və TON Cəmiyyətinin Açıq İncəsənəti 11,280+ Qeydiyyatdan Keçmiş İştirakçıları cəlb edir

La Open Art By Blum, TONX y TON Society atrae a más de 11.280 asistentes registrados

Blum, TONX eta TON Society-ren arte irekiak erregistratutako 11.280 parte-hartzaile baino gehiago biltzen ditu

The Open Art By Blum, TONX, and TON Society بیش از 11280 شرکت کننده ثبت نام شده را جذب می کند

Blumin, TONX:n ja TON-yhdistyksen Open Art kerää yli 11 280 rekisteröitynyttä osallistujaa

L'Open Art di Blum, TONX e TON Society attira oltre 11.280 partecipanti registrati

オープンアート・バイ・ブルム、TONX、TON ソサエティが 11,280 名以上の登録参加者を集める

The Open Art By Blum, TONX და TON Society იზიდავს 11,280+ დარეგისტრირებულ დამსწრეს

ब्लम, TONX, र TON सोसाइटी द्वारा खुला कला 11,280+ दर्ता सहभागीहरू आकर्षित गर्दछ

Відкрите мистецтво від Blum, TONX і TON Society збирає більше 11 280 зареєстрованих учасників

Triển lãm Nghệ thuật Mở của Blum, TONX và TON Society Thu hút hơn 11.280 Người tham dự đã đăng ký

I-Open Art By Blum, TONX, kanye ne-TON Society Idonsa 11,280+ Ababekhona Ababhalisiwe

Beacon, a leading web3 accelerator founded by Polygon co-founder Sandeep Nailwal, has unveiled its fourth and largest cohort to date. The program has selected 17 promising startups for its latest three-month accelerator, marking a significant expansion from previous cohorts. The new group includes some of the most high-profile companies in Beacon's history, with several already backed by prominent venture capital firms such as Andreessen Horowitz (a16z), Founders Fund, Pantera Capital, and Polychain Capital. The startups span various sectors within the web3 space, including decentralized finance (DeFi), infrastructure, and artificial intelligence (AI). “We're thrilled to welcome our largest and most diverse cohort so far,” said Sandeep Nailwal, co-founder of Polygon and Beacon. “The caliber of companies joining us is truly exceptional, and we're excited to see how, with the aid of our mentorship and resources, they will shape the future of web3 and beyond.” Notable Participants and Their Innovations Among the standout companies in the cohort are: Stakestone: An omni-chain liquid staking token protocol enhancing staking yields and liquidity on Layer 2s.


EXO: Enables users to run their own AI clusters at home using everyday devices.


Nubit: A scalable, cost-efficient data availability layer secured by Bitcoin, empowering applications like Ordinals and Layer 2s.


Aligned Layer: A decentralized network that verifies zero-knowledge proofs and posts the results to Ethereum.


eoracle: A programmable data layer that connects smart contracts with real-world data by extending Ethereum's Proof of Stake. Building on Past Successes The announcement comes after the graduation of Beacon's successful S23 cohort, which comprised 10 companies. Alumni such as scalable data availability layer 0G and verifiable oracle protocol ORA have achieved unicorn status since completing the program. ORA secured $20 million in funding led by Polychain Capital, while Inco, a universal confidentiality layer, closed a $4.5 million seed round led by 1kx. “With the level of talent and innovation we're witnessing in this new group, we are entirely confident that they can emulate, if not surpass, their predecessors,” Nailwal added. The Full Cohort Lineup The complete list of companies in Beacon's S24 cohort includes: Avantis: Provides infrastructure for traders to access up to 100x leverage on major cryptocurrencies, forex, and commodities.


Compute Labs: Utilizes a Compute Tokenization Protocol to financialize AI and create compute derivatives.


Crynux: Founded by former Google engineers, building a permissionless and trustless protocol for decentralized AI.


EZKL: Offers a developer-friendly system for verifiable AI and analytics, powering various decentralized systems.


Lorenzo: A Bitcoin liquidity finance layer designed to meet global demand for Bitcoin liquidity across Layer 2s and DeFi platforms.


Nodekit: Developing Javelin, a solution aimed at restoring composability to rollups.


Othentic: Provides infrastructure for building distributed services, simplifying development on EigenLayer.


PADO: A decentralized zkAttestation and computation network aiming to unlock internet data for Web3.


Pallet: A hub for digital culture, community, and ownership built on the Sei network.


Pin AI: An open platform for personal AI, leveraging open-source technology and crypto for data ownership and privacy.


TAC: TON App Chain, an interoperability layer for the TON blockchain and EVM-based applications.


Warlock: Creating new primitives to disrupt and disintermediate the MEV (Miner Extractable Value) landscape. Beacon's decision to expand its cohort size may be a strategic move to capitalize on the growing momentum in the web3 sector. By supporting a larger and more diverse group of startups, the accelerator is positioning itself as a key player in shaping the future of decentralized technologies. The inclusion of companies backed by major venture capital firms also adds credibility to the program and could attract more high-quality applicants in the future. This move could foster a more collaborative environment where startups benefit not only from Beacon's resources but also from each other's experiences and networks. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Beacon , a leading web3 accelerator founded by Polygon co-founder Sandeep Nailwal, has unveiled its fourth and largest cohort to date. The program has selected 17 promising startups for its latest three-month accelerator, marking a significant expansion from previous cohorts. Beacon The new group includes some of the most high-profile companies in Beacon's history, with several already backed by prominent venture capital firms such as Andreessen Horowitz (a16z), Founders Fund, Pantera Capital, and Polychain Capital. The startups span various sectors within the web3 space, including decentralized finance (DeFi), infrastructure, and artificial intelligence (AI). “We're thrilled to welcome our largest and most diverse cohort so far,” said Sandeep Nailwal, co-founder of Polygon and Beacon. “The caliber of companies joining us is truly exceptional, and we're excited to see how, with the aid of our mentorship and resources, they will shape the future of web3 and beyond.” Notable Participants and Their Innovations Notable Participants and Their Innovations Among the standout companies in the cohort are: Stakestone: An omni-chain liquid staking token protocol enhancing staking yields and liquidity on Layer 2s. EXO: Enables users to run their own AI clusters at home using everyday devices. Nubit: A scalable, cost-efficient data availability layer secured by Bitcoin, empowering applications like Ordinals and Layer 2s. Aligned Layer: A decentralized network that verifies zero-knowledge proofs and posts the results to Ethereum. eoracle: A programmable data layer that connects smart contracts with real-world data by extending Ethereum's Proof of Stake. Stakestone: An omni-chain liquid staking token protocol enhancing staking yields and liquidity on Layer 2s. Stakestone : An omni-chain liquid staking token protocol enhancing staking yields and liquidity on Layer 2s. Stakestone EXO: Enables users to run their own AI clusters at home using everyday devices. EXO : Enables users to run their own AI clusters at home using everyday devices. EXO Nubit: A scalable, cost-efficient data availability layer secured by Bitcoin, empowering applications like Ordinals and Layer 2s. Nubit : A scalable, cost-efficient data availability layer secured by Bitcoin, empowering applications like Ordinals and Layer 2s. Nubit Aligned Layer: A decentralized network that verifies zero-knowledge proofs and posts the results to Ethereum. Aligned Layer : A decentralized network that verifies zero-knowledge proofs and posts the results to Ethereum. Aligned Layer eoracle: A programmable data layer that connects smart contracts with real-world data by extending Ethereum's Proof of Stake. eoracle : A programmable data layer that connects smart contracts with real-world data by extending Ethereum's Proof of Stake. eoracle Building on Past Successes Building on Past Successes The announcement comes after the graduation of Beacon's successful S23 cohort, which comprised 10 companies. Alumni such as scalable data availability layer 0G and verifiable oracle protocol ORA have achieved unicorn status since completing the program. ORA secured $20 million in funding led by Polychain Capital, while Inco, a universal confidentiality layer, closed a $4.5 million seed round led by 1kx. “With the level of talent and innovation we're witnessing in this new group, we are entirely confident that they can emulate, if not surpass, their predecessors,” Nailwal added. The Full Cohort Lineup The Full Cohort Lineup The complete list of companies in Beacon's S24 cohort includes: Avantis: Provides infrastructure for traders to access up to 100x leverage on major cryptocurrencies, forex, and commodities. Compute Labs: Utilizes a Compute Tokenization Protocol to financialize AI and create compute derivatives. Crynux: Founded by former Google engineers, building a permissionless and trustless protocol for decentralized AI. EZKL: Offers a developer-friendly system for verifiable AI and analytics, powering various decentralized systems. Lorenzo: A Bitcoin liquidity finance layer designed to meet global demand for Bitcoin liquidity across Layer 2s and DeFi platforms. Nodekit: Developing Javelin, a solution aimed at restoring composability to rollups. Othentic: Provides infrastructure for building distributed services, simplifying development on EigenLayer. PADO: A decentralized zkAttestation and computation network aiming to unlock internet data for Web3. Pallet: A hub for digital culture, community, and ownership built on the Sei network. Pin AI: An open platform for personal AI, leveraging open-source technology and crypto for data ownership and privacy. TAC: TON App Chain, an interoperability layer for the TON blockchain and EVM-based applications. Warlock: Creating new primitives to disrupt and disintermediate the MEV (Miner Extractable Value) landscape. Avantis: Provides infrastructure for traders to access up to 100x leverage on major cryptocurrencies, forex, and commodities. Avantis : Provides infrastructure for traders to access up to 100x leverage on major cryptocurrencies, forex, and commodities. Avantis Compute Labs: Utilizes a Compute Tokenization Protocol to financialize AI and create compute derivatives. Compute Labs : Utilizes a Compute Tokenization Protocol to financialize AI and create compute derivatives. Compute Labs Crynux: Founded by former Google engineers, building a permissionless and trustless protocol for decentralized AI. Crynux : Founded by former Google engineers, building a permissionless and trustless protocol for decentralized AI. Crynux EZKL: Offers a developer-friendly system for verifiable AI and analytics, powering various decentralized systems. EZKL : Offers a developer-friendly system for verifiable AI and analytics, powering various decentralized systems. EZKL Lorenzo: A Bitcoin liquidity finance layer designed to meet global demand for Bitcoin liquidity across Layer 2s and DeFi platforms. Lorenzo : A Bitcoin liquidity finance layer designed to meet global demand for Bitcoin liquidity across Layer 2s and DeFi platforms. Lorenzo Nodekit: Developing Javelin, a solution aimed at restoring composability to rollups. Nodekit : Developing Javelin, a solution aimed at restoring composability to rollups. Nodekit Othentic: Provides infrastructure for building distributed services, simplifying development on EigenLayer. Othentic : Provides infrastructure for building distributed services, simplifying development on EigenLayer. Othentic PADO: A decentralized zkAttestation and computation network aiming to unlock internet data for Web3. PADO : A decentralized zkAttestation and computation network aiming to unlock internet data for Web3. PADO Pallet: A hub for digital culture, community, and ownership built on the Sei network. Pallet : A hub for digital culture, community, and ownership built on the Sei network. Pallet Pin AI: An open platform for personal AI, leveraging open-source technology and crypto for data ownership and privacy. Pin AI : An open platform for personal AI, leveraging open-source technology and crypto for data ownership and privacy. Pin AI TAC: TON App Chain, an interoperability layer for the TON blockchain and EVM-based applications. TAC : TON App Chain, an interoperability layer for the TON blockchain and EVM-based applications. TAC Warlock: Creating new primitives to disrupt and disintermediate the MEV (Miner Extractable Value) landscape. Warlock : Creating new primitives to disrupt and disintermediate the MEV (Miner Extractable Value) landscape. Warlock Beacon's decision to expand its cohort size may be a strategic move to capitalize on the growing momentum in the web3 sector. By supporting a larger and more diverse group of startups, the accelerator is positioning itself as a key player in shaping the future of decentralized technologies. The inclusion of companies backed by major venture capital firms also adds credibility to the program and could attract more high-quality applicants in the future. This move could foster a more collaborative environment where startups benefit not only from Beacon's resources but also from each other's experiences and networks. Don’t forget to like and share the story! Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: This author is an independent contributor publishing via our business blogging program . HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR Vested Interest Disclosure: business blogging program business blogging program

Beacon's Largest Cohort Signals Growing Momentum in Web3 Innovation

Η μεγαλύτερη κοόρτη της Beacon σηματοδοτεί αυξανόμενη ορμή στην καινοτομία Web3

La cohorte más grande de Beacon indica un impulso creciente en la innovación de la Web3

Kelompok Terbesar Beacon Menandakan Meningkatnya Momentum Inovasi Web3

ビーコンの最大規模のコホートがWeb3イノベーションの勢いの高まりを示唆

សញ្ញានៃក្រុមដ៏ធំបំផុតរបស់ Beacon ដែលកំពុងកើនឡើងនៅក្នុងការច្នៃប្រឌិត Web3

बीकनको सबैभन्दा ठूलो कोहोर्ट संकेतहरू Web3 नवाचारमा बढ्दो गति

Cea mai mare cohortă a lui Beacon semnalează creșterea impulsului în inovarea Web3

Крупнейшая когорта Beacon сигнализирует о растущем импульсе инноваций Web3

Беацон-ова највећа кохорта сигнали растући замах у Веб3 иновацијама

Web3 இன்னோவேஷனில் பெக்கனின் மிகப்பெரிய கோஹார்ட் சிக்னல்கள் வளரும் வேகம்

“Beacon” -yň “Web3” innowasiýasynda ösýän pursatdygyny görkezýär

Mayoqning eng katta kohort signallari Web3 innovatsiyasida o'sib borayotgan momentum

Dear Wizards, We are thrilled to announce that after over two years and nearly 1,000 days of preparation, Lumoz is about to launch its third and final incentive testnet — the Lumoz Quidditch Match. This will be an unprecedented adventure. The Lumoz Quidditch Match officially started on August 27th, and we are offering 50 million Lumoz Points, equivalent to 50 million MOZ Tokens (with a 1:1 conversion rate), as rewards. This event is open to users worldwide and represents the last opportunity to participate before the Lumoz TGE (expected in Q4) and the mainnet launch! Start your journey here: lumoz.org/quidditch-join 1. Open the Magical Gate: Event Background and Prize Pool Lumoz is inspired by the 'Lumos' spell from Harry Potter and leverages revolutionary zk technology, symbolizing the power of zero-knowledge proofs to illuminate the blockchain world. To celebrate the launch of the final Quidditch testnet, we have prepared a generous prize pool: 50 million Lumoz Points (with a 1:1 conversion rate, equivalent to 50 million MOZ tokens) plus additional token support from several top-tier ecosystem projects, such as Merlin Token, Nubit, and Oribiter Points, among other incentives. To ensure fair participation for users worldwide, our event will last for one month. We encourage everyone to participate fully and deeply, and we also hope to receive valuable feedback during this period. The Lumoz team will continuously listen to the community and refine the product details, ensuring we are well-prepared for the mainnet launch! 2. Embark on a Magical Journey: Lumoz Quidditch Match Rules How can you participate? To make this event more engaging, the team has developed a special Telegram Bot. By visiting Lumoz's official event page, users can access the Telegram Bot, which serves as the gateway to the Quidditch Tournament. Upon entering this magical world, you will receive 200,000 Golden Snitches as a welcome gift. These shimmering Golden Snitches can be exchanged for valuable Lumoz Points at a set ratio. In short, users can earn more points by collecting Golden Snitches. You can also gather more Snitches by completing various tasks. In addition to basic tasks like following social media accounts and joining community groups, we’ve also designed advanced tasks for experienced wizards, such as staking nodes and claiming water. There are many ways to collect, so click here to explore further: lumoz.org/quidditch-join And don’t forget to try our Magic Wheel! You can invite friends or spend 200,000 Golden Snitches to spin for a chance to win more Snitches, ecosystem tokens, magic stones, badges, and even a zkVerifier node worth 532 USDT, among other exciting rewards. Dive into the step by step guide to learn how to play:https://docs.google.com/document/d/1BuLFr7pS9u04FLI6NMh3Q69J0e4c5_Z6Jkr89ZCApTE/edit#heading=h.8umgai1jbmjd 3. Friends of the Magical World: Collaboration with 30+ Ecosystem Projects In addition to the main event on Telegram, the Lumoz Quidditch Tournament adventure, we are honored to have top players from the blockchain world join us. Each partner has brought unique tasks and generous additional rewards to this grand event: OKX Wallet: As a leading cryptocurrency wallet in the industry, OKX Wallet enhances the magical powers of participants.
Bitget Wallet: As a globally leading one-stop trading crypto wallet, Bitget Wallet has designed challenging social tasks for wizards. Moreover, star projects like Coin98 Wallet, TokenPocket, Merlin, and Nubit have also joined our ranks. They will support the entire event, ensuring that every participant can enjoy their time in the magical world. At the Lumoz Quidditch sub-venues, each partner project has set up unique magical levels. Completing these levels not only earns Lumoz Points as rewards but also grants access to exclusive treasures from our partners, allowing adventurers to accumulate multiple token incentives in a single quest. 4. The Future is in Sight Previously, Lumoz successfully completed two rounds of incentive testnets, attracting 373,746 users, 28,137 validators, 145 PoW miners, and over 60 deployed ecosystem projects. This year, Lumoz has launched star products such as ZKFair and Merlin Chain, with plans to introduce more L2 chains in the future. In the first half of this year, Lumoz completed Pre-A and strategic funding rounds. To date, institutions such as OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain, NGC Ventures, Gate Ventures, MH Ventures, BWARE LABS, and Comma 3 Ventures have participated, raising a total of $14 million. Additionally, the team began node sales in June, which were met with market frenzy, with cumulative node sales exceeding 73,424 (out of a total of 100,000), and real-time FDV surpassing $150 million. Of course, the past is merely prologue! Lumoz plans to launch its mainnet and conduct the TGE by the end of this year. The Quidditch testnet is a crucial step for us to test our capabilities and empower the community. With Lumoz’s brilliance guiding us, we are sure to embark on an extraordinary adventure, experiencing Lumoz’s zk technology and earning rich points and token rewards! If you’re ready, let’s shout the spell together: Lumos Maxima! Dear Wizards, We are thrilled to announce that after over two years and nearly 1,000 days of preparation, Lumoz is about to launch its third and final incentive testnet — the Lumoz Quidditch Match. This will be an unprecedented adventure. The Lumoz Quidditch Match officially started on August 27th, and we are offering 50 million Lumoz Points, equivalent to 50 million MOZ Tokens (with a 1:1 conversion rate) , as rewards. This event is open to users worldwide and represents the last opportunity to participate before the Lumoz TGE (expected in Q4) and the mainnet launch! 50 million Lumoz Points, equivalent to 50 million MOZ Tokens (with a 1:1 conversion rate) Start your journey here : lumoz.org/quidditch-join Start your journey here Start your journey here : lumoz.org/quidditch-join lumoz.org/quidditch-join 1. Open the Magical Gate: Event Background and Prize Pool Lumoz is inspired by the 'Lumos' spell from Harry Potter and leverages revolutionary zk technology, symbolizing the power of zero-knowledge proofs to illuminate the blockchain world. To celebrate the launch of the final Quidditch testnet, we have prepared a generous prize pool: 50 million Lumoz Points (with a 1:1 conversion rate, equivalent to 50 million MOZ tokens) plus additional token support from several top-tier ecosystem projects, such as Merlin Token, Nubit, and Oribiter Points, among other incentives. To ensure fair participation for users worldwide, our event will last for one month. We encourage everyone to participate fully and deeply, and we also hope to receive valuable feedback during this period. The Lumoz team will continuously listen to the community and refine the product details, ensuring we are well-prepared for the mainnet launch! 2. Embark on a Magical Journey: Lumoz Quidditch Match Rules How can you participate? To make this event more engaging, the team has developed a special Telegram Bot. By visiting Lumoz's official event page, users can access the Telegram Bot, which serves as the gateway to the Quidditch Tournament. Upon entering this magical world, you will receive 200,000 Golden Snitches as a welcome gift. These shimmering Golden Snitches can be exchanged for valuable Lumoz Points at a set ratio. In short, users can earn more points by collecting Golden Snitches. You can also gather more Snitches by completing various tasks. In addition to basic tasks like following social media accounts and joining community groups, we’ve also designed advanced tasks for experienced wizards, such as staking nodes and claiming water. There are many ways to collect, so click here to explore further : lumoz.org/quidditch-join There are many ways to collect, so click here to explore further lumoz.org/quidditch-join And don’t forget to try our Magic Wheel! You can invite friends or spend 200,000 Golden Snitches to spin for a chance to win more Snitches, ecosystem tokens, magic stones, badges, and even a zkVerifier node worth 532 USDT, among other exciting rewards. Dive into the step by step guide to learn how to play:https://docs.google.com/document/d/1BuLFr7pS9u04FLI6NMh3Q69J0e4c5_Z6Jkr89ZCApTE/edit#heading=h.8umgai1jbmjd Dive into the step by step guide to learn how to play:https://docs.google.com/document/d/1BuLFr7pS9u04FLI6NMh3Q69J0e4c5_Z6Jkr89ZCApTE/edit#heading=h.8umgai1jbmjd Dive into the step by step guide to learn how to play: https://docs.google.com/document/d/1BuLFr7pS9u04FLI6NMh3Q69J0e4c5_Z6Jkr89ZCApTE/edit#heading=h.8umgai1jbmjd https://docs.google.com/document/d/1BuLFr7pS9u04FLI6NMh3Q69J0e4c5_Z6Jkr89ZCApTE/edit#heading=h.8umgai1jbmjd 3. Friends of the Magical World: Collaboration with 30+ Ecosystem Projects In addition to the main event on Telegram, the Lumoz Quidditch Tournament adventure, we are honored to have top players from the blockchain world join us. Each partner has brought unique tasks and generous additional rewards to this grand event: OKX Wallet: As a leading cryptocurrency wallet in the industry, OKX Wallet enhances the magical powers of participants. Bitget Wallet: As a globally leading one-stop trading crypto wallet, Bitget Wallet has designed challenging social tasks for wizards. OKX Wallet: As a leading cryptocurrency wallet in the industry, OKX Wallet enhances the magical powers of participants. Bitget Wallet: As a globally leading one-stop trading crypto wallet, Bitget Wallet has designed challenging social tasks for wizards. Moreover, star projects like Coin98 Wallet, TokenPocket, Merlin, and Nubit have also joined our ranks. They will support the entire event, ensuring that every participant can enjoy their time in the magical world. At the Lumoz Quidditch sub-venues, each partner project has set up unique magical levels. Completing these levels not only earns Lumoz Points as rewards but also grants access to exclusive treasures from our partners, allowing adventurers to accumulate multiple token incentives in a single quest. 4. The Future is in Sight Previously, Lumoz successfully completed two rounds of incentive testnets, attracting 373,746 users, 28,137 validators, 145 PoW miners, and over 60 deployed ecosystem projects. This year, Lumoz has launched star products such as ZKFair and Merlin Chain, with plans to introduce more L2 chains in the future. In the first half of this year, Lumoz completed Pre-A and strategic funding rounds. To date, institutions such as OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain, NGC Ventures, Gate Ventures, MH Ventures, BWARE LABS, and Comma 3 Ventures have participated, raising a total of $14 million. Additionally, the team began node sales in June, which were met with market frenzy, with cumulative node sales exceeding 73,424 (out of a total of 100,000), and real-time FDV surpassing $150 million. Of course, the past is merely prologue! Lumoz plans to launch its mainnet and conduct the TGE by the end of this year. The Quidditch testnet is a crucial step for us to test our capabilities and empower the community. With Lumoz’s brilliance guiding us, we are sure to embark on an extraordinary adventure, experiencing Lumoz’s zk technology and earning rich points and token rewards! If you’re ready, let’s shout the spell together: Lumos Maxima! Lumos Maxima!

Lumoz Quidditch Match is live! Claim 50 Million Points and 30+ top-tier ecosystem project rewards!

Lumoz Quidditch ተዛማጅ በቀጥታ ነው! የይገባኛል ጥያቄ 50 ሚሊዮን ነጥቦች እና 30+ ከፍተኛ-ደረጃ የስነ-ምህዳር ፕሮጀክት ሽልማቶችን!

Lumoz Quidditch ukan anatäwipax uñt'ayatawa! ¡50 Millones de Puntos ukat 30+ proyecto ecosistema de alto nivel ukan premios ukanakap mayiñamawa!

Матч Lumoz па квідытчу ў прамым эфіры! Атрымайце 50 мільёнаў балаў і больш за 30 узнагарод экасістэмнага праекта вышэйшага ўзроўню!

¡El partido de quidditch de Lumoz ya está en marcha! ¡Reclama 50 millones de puntos y más de 30 recompensas de proyectos del ecosistema de primer nivel!

Lumoz Quidditch Match zuzenean da! Erreklamatu 50 milioi puntu eta goi mailako ekosistema proiektuen 30 sari baino gehiago!

Lumoz Quidditch Match ap viv! Reklame 50 milyon pwen ak plis pase 30 rekonpans pwojè ekosistèm ki pi wo!

A Lumoz kviddics meccs élőben! Szerezzen 50 millió pontot és 30+ felső szintű ökoszisztéma projekt jutalmat!

Lumoz クィディッチ マッチが始まりました! 5,000 万ポイントと 30 以上のトップ レベルのエコシステム プロジェクト報酬を獲得しましょう!

Lumoz Quidditch Match ຖ່າຍທອດສົດແລ້ວ! ຮັບ 50 ລ້ານຄະແນນ ແລະ 30+ ລາງວັນໂຄງການລະບົບນິເວດຊັ້ນນໍາ!

Ntlangu wa Lumoz Quidditch wu le ku hanyeni! Koxa 50 wa Timiliyoni ta Tinhla na 30+ wa hakelo ya phurojeke ya ikhosisteme ya xiyimo xa le henhla!

Lumoz Quidditch میچ لائیو ہے! 50 ملین پوائنٹس اور 30+ اعلی درجے کے ایکو سسٹم پروجیکٹ کے انعامات کا دعوی کریں!

Lumoz Quidditch Match jonli efirda! 50 million ball va 30 dan ortiq yuqori darajadagi ekotizim loyihasi mukofotlarini talab qiling!

Blockchain, without a doubt, revolutionized the world of finance and transactions by introducing secure digital currencies that are decentralized at the same time in the form of cryptocurrencies. Security and privacy remain the biggest issues to most because of the transparency and immutability offered by blockchain. However, the solution lies in a term: zero-knowledge proofs, or ZKPs. These cryptographic protocols present a way of proving the statement's truth between two parties without revealing any information. In cryptocurrencies, ZKPs dramatically increase the privacy and security of transactions. Probably the most common use case for ZKPs is to support use in anonymous transactions. Even with the identification and details of the transactions, cryptocurrencies employing ZKP still maintain their anonymity. The ZKPs greatly provide the ability to prove transactions without providing extra information and are perfect for privacy. ZKP is a system that describes security in different kinds of cryptocurrency transactions. They help one verify that they are maintaining correct transaction records and managing open and closed ledgers, revealing key codes and data. This type of defense limits the chance for jacking to be carried out on one's money in terms of double spending and changing the record of transactions. Therefore, ZKPs make the record transparent while making it hard to rig the system in cryptocurrency systems. People can prove that the fundamental computation processes are appropriate to ensure that the system works all right. This confirmation makes sure that there exist no account details, transactions, cheating, and other evil associated with technology and society. Thus, using zero-knowledge proofs in cryptocurrencies can help eliminate the major privacy and security problems while using digital currencies. Zero-Knowledge Proofs There are two types of ZKPs: Interactive and non-interactive. Interactive Zero-Knowledge Proofs: In this, the communication switches between the prover and the verifier. The prover is the one who is convinced that he knows the secret sequence. The verifier will have a set of questions that the prover will need to answer convincingly. This technique is very secure and thus not appropriate in some blockchain applications because of the overhead in the communication costs. Non-interactive zero-knowledge proofs: They are considered to be time-efficient since they allow the creation of a proof by the prover while also allowing it to be verified by a third party. This would make NIZKs really useful in solutions on a blockchain where the efficiency of a certain solution is of utmost importance. Implementation of ZKPs in Blockchain Protocols Scalability, efficiency, and compatibility with the current infrastructure where they are implemented make a good rationale for implementation. A huge number of research and implementations of ZKPs within blockchain projects have presented their approaches and benefits. Zk-SNARKs and Zk-STARKs Two of the most important protocols for ZKP are zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) and zk-STARKs (Zero-Knowledge Scalable Transparent Arguments of Knowledge). Zk-SNARKs: These find their way into general blockchain projects, for instance, Zcash. This category provides for very short proofs and makes it very efficient to use in blockchains. They come with a trusted setup—this means they have to generate the initial parameters securely. Zk-STARKs: This is the second generation of zk-SNARKs. It doesn't require a trusted setup, therefore, it's more secure. It also enables scalability and transparency so that the creation of the proof can be verified by anyone. StarkWare is a leading company in blockchain scalability and the development of zk-STARK. Improving Bitcoin Transactions with ZKPs The first cryptocurrencies to be introduced, Bitcoins seem to have encountered challenges when it comes to privacy and scalability. Privacy and scalability will be addressed once ZKPs are integrated with Bitcoin. Enhancements in Privacy While it has been admitted that Bitcoin transactions are pseudo-anonymous, what it really means is that the real-world identity of a person cannot be directly mapped to any transaction. Any information related to any kind of transaction is broadcast publicly on the blockchain. This allows privacy improvement when using ZKPs; this means that transaction validations might even be possible without revealing all the information about the transactions. For instance, take the example of “Shielded Transactions of Zcash.“ Zcash is a digital money implementation designed upon the working of Bitcoin, extended with zk-SNARKs to permit completely shielded transactions. The sender and the receiver, along with the transacted money, are hidden from every observer and, thus, strongly covered by privacy. If the capability of zk-SNARK is implemented similarly, then it will definitely enhance the privacy of transactions in Bitcoin. Security Improvements ZKPs can be used to ensure a more secure Bitcoin transaction as well, as integrity and validity should be guaranteed even in the presence of masked sensitive data. That comes in really handy, specifically where double-spending and other malicious activities need to be averted. A good illustration of this is zkLedger, which is a blockchain protocol for audits. It is designed to preserve transaction confidentiality by using ZKPs and simultaneously ensuring data integrity. The added advantage comes with the application of zkLedger principles to Bitcoin in that security is enhanced by the verification process that is carried out by the auditors without actually compromising the privacy of information. Examples and Real-world Applications There are many actual projects and real implementations that show the potential of ZKPs to support the case of security and privacy for blockchain. StarkWare and DeversiFi In this case, StarkWare is a technology designed with zk-STARKs, while DeversiFi is a decentralized exchange that is coming together to bring about scalable private transactions. Filecoin with zk-SNARKs This is in the sense that in most of their cases, Filecoin is a decentralized storage network; storage providers are in a position to provide proof of storing the data without necessarily revealing what the data is. This conclusively proves that ZKPs are very versatile in terms of security and privacy for different blockchain applications. LayerEdge: LayerEdge is aggregating zero-knowledge proofs (ZKPs) to reduce verification costs on the Bitcoin network by 90%. This advanced cryptography improves efficiency and strengthens LayerEdge's role as the leading verification layer on Bitcoin. Major industry players such as Nubit, Bittfinity, and BSquared are already using LayerEdge for their verification needs. Challenges and Future Directions Deploying ZKPs is not trivial, although the plethora of benefits they bring is enormous. These are: Computational Complexity: Highly intricate mathematical computations birth ZKPs, specifically zk-SNARKs and zk-STARKs. Work is ongoing to optimize such computations and make them efficient for general purposes. Efficient Proof Generation: The next crucial necessity for the actual realization of ZKPs in blockchain protocols is the efficient generation of proofs. This research work is ongoing, with a steady increase in the time taken to prove it, without necessarily taking a toll on considerations of security. This is not an easy problem; it must be carefully tested and designed to ensure it is compatible with current Blockchain protocols, such as Bitcoin. An area of critical ongoing research is bridging the gap between the traditional mechanisms of the blockchain and advanced cryptographic techniques. Zero-knowledge proofs are an instantiation of another general class of utilities; they permit very strong and privacy-preserving transactions over the Bitcoin network, enabling a method that allows for transaction validation without revealing sensitive information. The real-world implementations of such primitives are to show that ZKPs would be transformational in practice. There is no doubt that with ongoing research and development, ZKPs in Bitcoin and other blockchain protocols' integrations will pave the way for a new era of private and secure digital transactions. Blockchain, without a doubt, revolutionized the world of finance and transactions by introducing secure digital currencies that are decentralized at the same time in the form of cryptocurrencies. Security and privacy remain the biggest issues to most because of the transparency and immutability offered by blockchain. However, the solution lies in a term: zero-knowledge proofs, or ZKPs. These cryptographic protocols present a way of proving the statement's truth between two parties without revealing any information. In cryptocurrencies, ZKPs dramatically increase the privacy and security of transactions. Probably the most common use case for ZKPs is to support use in anonymous transactions. Even with the identification and details of the transactions, cryptocurrencies employing ZKP still maintain their anonymity. The ZKPs greatly provide the ability to prove transactions without providing extra information and are perfect for privacy. ZKP is a system that describes security in different kinds of cryptocurrency transactions. They help one verify that they are maintaining correct transaction records and managing open and closed ledgers, revealing key codes and data. This type of defense limits the chance for jacking to be carried out on one's money in terms of double spending and changing the record of transactions. Therefore, ZKPs make the record transparent while making it hard to rig the system in cryptocurrency systems. People can prove that the fundamental computation processes are appropriate to ensure that the system works all right. This confirmation makes sure that there exist no account details, transactions, cheating, and other evil associated with technology and society. Thus, using zero-knowledge proofs in cryptocurrencies can help eliminate the major privacy and security problems while using digital currencies. Zero-Knowledge Proofs There are two types of ZKPs: Interactive and non-interactive. Interactive Zero-Knowledge Proofs: In this, the communication switches between the prover and the verifier. The prover is the one who is convinced that he knows the secret sequence. The verifier will have a set of questions that the prover will need to answer convincingly. This technique is very secure and thus not appropriate in some blockchain applications because of the overhead in the communication costs. Interactive Zero-Knowledge Proofs: Non-interactive zero-knowledge proofs: They are considered to be time-efficient since they allow the creation of a proof by the prover while also allowing it to be verified by a third party. This would make NIZKs really useful in solutions on a blockchain where the efficiency of a certain solution is of utmost importance. Non-interactive zero-knowledge proofs: Implementation of ZKPs in Blockchain Protocols Scalability, efficiency, and compatibility with the current infrastructure where they are implemented make a good rationale for implementation. A huge number of research and implementations of ZKPs within blockchain projects have presented their approaches and benefits. Zk-SNARKs and Zk-STARKs Two of the most important protocols for ZKP are zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) and zk-STARKs (Zero-Knowledge Scalable Transparent Arguments of Knowledge). Zk-SNARKs: These find their way into general blockchain projects, for instance, Zcash. This category provides for very short proofs and makes it very efficient to use in blockchains. They come with a trusted setup—this means they have to generate the initial parameters securely. Zk-SNARKs: Zk-STARKs: This is the second generation of zk-SNARKs. It doesn't require a trusted setup, therefore, it's more secure. It also enables scalability and transparency so that the creation of the proof can be verified by anyone. StarkWare is a leading company in blockchain scalability and the development of zk-STARK. Zk-STARKs: Improving Bitcoin Transactions with ZKPs The first cryptocurrencies to be introduced, Bitcoins seem to have encountered challenges when it comes to privacy and scalability. Privacy and scalability will be addressed once ZKPs are integrated with Bitcoin. Enhancements in Privacy While it has been admitted that Bitcoin transactions are pseudo-anonymous, what it really means is that the real-world identity of a person cannot be directly mapped to any transaction. Any information related to any kind of transaction is broadcast publicly on the blockchain. This allows privacy improvement when using ZKPs; this means that transaction validations might even be possible without revealing all the information about the transactions. For instance, take the example of “Shielded Transactions of Zcash.“ Zcash is a digital money implementation designed upon the working of Bitcoin, extended with zk-SNARKs to permit completely shielded transactions. The sender and the receiver, along with the transacted money, are hidden from every observer and, thus, strongly covered by privacy. If the capability of zk-SNARK is implemented similarly, then it will definitely enhance the privacy of transactions in Bitcoin. Security Improvements ZKPs can be used to ensure a more secure Bitcoin transaction as well, as integrity and validity should be guaranteed even in the presence of masked sensitive data. That comes in really handy, specifically where double-spending and other malicious activities need to be averted. A good illustration of this is zkLedger, which is a blockchain protocol for audits. It is designed to preserve transaction confidentiality by using ZKPs and simultaneously ensuring data integrity. The added advantage comes with the application of zkLedger principles to Bitcoin in that security is enhanced by the verification process that is carried out by the auditors without actually compromising the privacy of information. Examples and Real-world Applications There are many actual projects and real implementations that show the potential of ZKPs to support the case of security and privacy for blockchain. StarkWare and DeversiFi StarkWare and DeversiFi In this case, StarkWare is a technology designed with zk-STARKs, while DeversiFi is a decentralized exchange that is coming together to bring about scalable private transactions. Filecoin with zk-SNARKs Filecoin with zk-SNARKs This is in the sense that in most of their cases, Filecoin is a decentralized storage network; storage providers are in a position to provide proof of storing the data without necessarily revealing what the data is. This conclusively proves that ZKPs are very versatile in terms of security and privacy for different blockchain applications. LayerEdge: LayerEdge: LayerEdge is aggregating zero-knowledge proofs (ZKPs) to reduce verification costs on the Bitcoin network by 90%. This advanced cryptography improves efficiency and strengthens LayerEdge's role as the leading verification layer on Bitcoin. Major industry players such as Nubit, Bittfinity, and BSquared are already using LayerEdge for their verification needs. Challenges and Future Directions Deploying ZKPs is not trivial, although the plethora of benefits they bring is enormous. These are: Computational Complexity: Highly intricate mathematical computations birth ZKPs, specifically zk-SNARKs and zk-STARKs. Work is ongoing to optimize such computations and make them efficient for general purposes. Computational Complexity: Efficient Proof Generation: The next crucial necessity for the actual realization of ZKPs in blockchain protocols is the efficient generation of proofs. This research work is ongoing, with a steady increase in the time taken to prove it, without necessarily taking a toll on considerations of security. Efficient Proof Generation: This is not an easy problem; it must be carefully tested and designed to ensure it is compatible with current Blockchain protocols, such as Bitcoin. An area of critical ongoing research is bridging the gap between the traditional mechanisms of the blockchain and advanced cryptographic techniques. Zero-knowledge proofs are an instantiation of another general class of utilities; they permit very strong and privacy-preserving transactions over the Bitcoin network, enabling a method that allows for transaction validation without revealing sensitive information. The real-world implementations of such primitives are to show that ZKPs would be transformational in practice. There is no doubt that with ongoing research and development, ZKPs in Bitcoin and other blockchain protocols' integrations will pave the way for a new era of private and secure digital transactions.

Enhancing Security and Privacy on the Bitcoin Network with Zero-Knowledge Proofs

SINGAPORE, Singapore, April 3rd, 2024/Chainwire/-- Bitlayer Labs, the first Bitcoin Layer 2 solution based on BitVM, announced a seed round of $5M led by Framework Ventures and ABCDE Capital, participation by StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital and many more. The announcement comes as Bitlayer prepares the launch of its open-incentive program Ready Player One, inviting developers worldwide to augment, enhance, and build on the protocol. Bitlayer Labs, the developer of Bitcoin Layer 2 protocol , announced today the close of a $5 million seed funding round at an $80 million valuation, driving a vision to become the computation layer of Bitcoin. Bitlayer Investors & Ecosystem Partners Blockchain-based venture firms Framework Ventures and ABCDE Capital led the round, with participation from StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Kestrel, Global Coin Research, Pivot Global, and Web3Port. Many other incredible investors added value to the seed round. Prominent angel investors including Messari CEO Ryan Selkis, Messari co-founder Dan McArdle, Asymmetric Capital founder Dan Held, Hacken CEO Dyma, Sky Mavis CEO Trung and CTO Andy, and Kyber Network founder Loi Luu, among others, joined in capitalizing the round. Bitlayer’s seed round was delivered soaring value-add support from ecosystem partners including Hacken, AWS Cloud, Ankr, Polyhedra, Babylon, Particle Network, Meson, Nubit, BitSmiley, TokenPocket, Xverse, Flash Protocol, Umoja.xyz, RunesTerminal, and more. The Bitlayer Network Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing completeness. The protocol aims to build a more scalable and interconnected Bitcoin ecosystem. The securing of new capital pushes Bitlayer's lead in paving the way for more Bitcoin Layer 2 use cases, a race that will propel Bitcoin to prevail over other blockchains in size, scalability, and security. The fund will also enable Bitlayer to grow its team by hiring across business development and engineering faculties to support global expansion efforts. Investment firms are increasingly optimistic about the Bitcoin ecosystem as Bitlayer is rapidly gaining prominence, capturing the industry's attention. Investor Remarks Roy Learner, partner at Framework Ventures, spoke on the augmentation of Bitlayer with BitVM: “We are excited to back Bitlayer as they launch the first Bitcoin Layer 2 network based on BitVM. Looking at the trade-off space, BitVM struck us as the most practical approach to bring scalability and expressiveness into the BTC ecosystem without sacrificing security.With over $1T of global wealth looking to productively utilize their BTC, Bitlayer opens up the design space to introduce novel DeFi use cases and applications. Led by a team of OGs, we've been impressed by Kevin and Charlie's blend of deep technical background and rich crypto experience and are excited to partner with them as they deliver on their vision of making Bitcoin a more productive asset.” Qiao Wang, co-founder of Alliance DAO, emphasized the future of Bitlayer and Bitcoin L2s in the emerging era: “I spent the vast majority of my intellectual, social, and financial capital in the Ethereum ecosystem in the last decade, but deep down I've always been a Bitcoiner. The possibility to enhance Bitcoin's expressiveness and scalability via L2s such as Bitlayer is the most exciting moment in the history of Bitcoin. That is because there's over $1T of wealth stored on Bitcoin, and the holders would want to do something productive with it. Greater expressiveness and scalability enable this. Bitlayer is one of the most experienced, passionate, and technically capable teams to tackle this problem.” In the midst of building Bitlayer, co-founder Charlie Hu shared his thoughts on the protocol’s milestone: "This support signifies investors’ and builders’ trust in Bitlayer and the team, and demonstrates a robust backing for the Bitcoin ecosystem and the future of Bitcoin DeFi at large." Bitlayer ventures into the future of Bitcoin with newly supplied capital, anticipating a rush of development activity and investor interest in the Bitcoin Layer 2 space. "Bitlayer is dedicated to bringing super scalability into the Bitcoin ecosystem, with hundreds of millions of potential users as an addressable market," said Kevin He, co-founder of Bitlayer. "We’ve created the best, easiest-to-use scalability product in order to give users better fee rates and faster actions, all based on Bitcoin’s security foundation." With the approach of the Bitcoin halving event, the need for a robust Bitcoin ecosystem becomes more important than ever. Bitlayer’s exacting design and rigorous security auditing in preparation for public mainnet launch primes the protocol for a flourishing builder ecosystem. Mainnet launches on April 5th, with more milestones arriving soon on the project’s development pipeline. Ready Player One– Ecosystem Incentive Program. To accelerate ecosystem development and incentivize projects to deploy on the Bitlayer mainnet, Bitlayer is launching a series of ecosystem incentive programs– starting with the first event, Ready Player One. The campaign is an open incentive program designed to distribute token rewards valued at over $50M to protocols and teams that deploy to the Bitlayer mainnet and demonstrate exceptional performance. Bitlayer’s growth is accelerating, urging strong projects to join its ecosystem to grow the protocol in exponential ways. Bitlayer commits to providing comprehensive ecosystem support for all projects, offering the following resources to builders: Potential investment from the foundation and institutions Initial liquidity support Comprehensive product development resources Mentorship and pitch opportunities from top-tier incubators Support from the Bitcoin community and OGs Ecosystem collaboration and co-creation Users can find the full article for more information. here About Bitlayer is the first Bitcoin Layer 2 network based on BitVM, offering Bitcoin-equivalent security and Turing-completeness. Bitlayer is committed to becoming the computation layer for Bitcoin. It introduces ultra-scalability and inherits Bitcoin’s L1 security, providing users with high throughput and a low-cost transaction experience. Bitlayer Github Contact Digital Marketing Manager Sky Harris Bitlayer skyler@bitlayer.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

Bitlayer, a Leading Bitcoin L2, Nets $5M In Funding, Unveils $50M 'Ready Player One' Program

Scientific American Supplement, No. 392, July 7, 1883 by Various, is part of the HackerNoon Books Series. You can jump to any chapter in this book . THE DEVELOPMENTAL SIGNIFICANCE OF HUMAN PHYSIOGNOMY. here THE DEVELOPMENTAL SIGNIFICANCE OF HUMAN PHYSIOGNOMY. [Footnote: Abstract of a lecture delivered before the Franklin Institute of Philadelphia, Jan. 20.1881, in exposition of principles laid down in The Hypothesis of Evolution, New Haven, 1870, p. 31.] By E. D. COPE. The ability to read character in the form of the human face and figure is a gift possessed by comparatively few persons, although most people interpret, more or less correctly, the salient points of human expression. The transient appearances of the face reveal temporary phases of feeling which are common to all men; but the constant qualities of the mind should be expressed, if at all, in the permanent forms of the executive instrument of the mind, the body. To detect the peculiarities of the mind by external marks has been the aim of the physiognomist of all times; but it is only in the light of modern evolutionary science that much progress in this direction can be made. The mind, as a function of part of the body, partakes of its perfections and its defects, and exhibits parallel types of development. Every peculiarity of the body has probably some corresponding significance in the mind; and the causes of the former are the remoter causes of the latter. Hence, before a true physiognomy can be attempted, the origin of the features of the face and general form must be known. Not that a perfect physiognomy will ever be possible. A mental constitution so complex as that of man cannot be expected to exhibit more than its leading features in the body; but these include, after all, most of what it is important for us to be able to read, from a practical point of view. The present essay will consider the probable origin of the structural points which constitute the permanent expression. These may be divided into three heads, viz.: Those of the general form or figure. Those of the surface or integument of the body, with its appendages. Those of the forms of the head and face. The principal points to be considered under each of these heads are the following: I. THE GENERAL FORM. The size of the head. The squareness or slope of the shoulders. The length of the arms. The constriction of the waist. The width of the hips. The length of the leg, principally of the thigh. The sizes of the hands and feet. The relative sizes of the muscles. II. THE SURFACES. 9. The structure of the hair (whether curled or not). The length and position of the hair. The size and shape of the nails. The smoothness of the skin. The color of the skin, hair, and irides. III. THE HEAD AND FACE. 14. The relative size of the cerebral to the facial regions. The prominence of the forehead. The prominence of the superciliary (eyebrow) ridges. The prominence of the alveolar borders (jaws). The prominence and width of the chin. The relation of length to width of skull. The prominence of the malar (cheek) bones. The form of the nose. The relative size of the orbits and eyes. The size of the mouth and lips. The significance of these, as of the more important structural characters of man and the lower animals, must be considered from two standpoints, the paleontological and the embryological. The immediate paleontological history of man is unknown, but may be easily inferred from the characteristics displayed by his nearest relatives of the order Quadrumana. If we compare these animals with man, we find the following general differences. The numbers correspond to those of the list above given: I. As to General Form.--(3) In the apes the arms are longer; (8) the extensor muscles of the leg are smaller. II. As to Surface.--(9) The body is covered with hair which is not crisp or woolly; (10) the hair of the head is short; (18) the color of the skin, etc., is dark. III. As to Head and Face.--(14) The facial region of the skull is large as compared with the cerebral; (15) the forehead is not prominent, and is generally retreating; (16) the superciliary ridges are more prominent; (17) the edges of the jaws are more prominent; (18) the chin is less prominent; (20) the cheek bones are more prominent; (21) the nose is without bridge, and with short and flat cartilages; (22) the orbits and eyes are smaller (except in Nyctipithecus); (24) the mouth is small and the lips are thin. It is evident that the possession of any one of the above characteristics by a man approximates him more to the monkeys, so far as it goes. He retains features which have been obliterated in other persons in the process of evolution. In considering the physiognomy of man from an embryological standpoint, we must consider the peculiarities of the infant at birth. The numbers of the following list correspond with those already used (Fig. 3). I. As to the General Form.--(1) The head of the infant is relatively much larger than in the adult; (3) the arms are relatively longer; (4) there is no waist; (6) the leg, and especially the thigh, is much shorter. II. As to the Surfaces.--(10) The body is covered with fine hair, and that of the head is short. III. The Head and Face.--(14) The cerebral part of the skull greatly predominates over the facial; (16) the superciliary ridges are not developed; (17) the alveolar borders are not prominent; (20) the malar bones are not prominent; (21) the nose is without bridge and the cartilages are flat and generally short; (22) the eyes are larger. It is evident that persons who present any of the characters cited in the above list are more infantile or embryonic in those respects than are others; and that those who lack them have left them behind in reaching maturity. We have now two sets of characters in which men may differ from each other. In the one set the characters are those of monkeys, in the other they are those of infants. Let us see whether there be any identities in the two lists, i. e., whether there be any of the monkey-like characters which are also infantile. We find the following to be such: I. As to General Form.--(3) The arms are longer. II. Surface.--(10) The hair of the head is short, and the hair on the body is more distributed. III. As to Head and Face.--(21) The nose is without bridge and the cartilages are short and flat. Three characters only out of twenty-three. On the other hand, the following characters of monkey-like significance are the opposites of those included in the embryonic list: (14) The facial region of the skull is large as compared with the cerebral; (15) the forehead is not prominent; (16) the superciliary ridges are more prominent; (17) the edges of the jaws are more prominent. Four characters, all of the face and head. It is thus evident that in attaining maturity man resembles more and more the apes in some important parts of his facial expression. It must be noted here that the difference between the young and embryonic monkeys and the adults is quite the same as those just mentioned as distinguishing the young from the adult of man (Figs. 1 and 2). The change, however, in the case of the monkeys is greater than in the case of man. That is, in the monkeys the jaws and superciliary ridges become still more prominent than in man. As these characters result from a fuller course of growth from the infant, it is evident that in these respects the apes are more fully developed than man. Man stops short in the development of the face, and is in so far more embryonic.[1] The prominent forehead and reduced jaws of man are characters of "retardation." The characters of the prominent nose with its elevated bridge, is a result of "acceleration," since it is a superaddition to the quadrumanous type from both the standpoints of paleontology and embryology.[2] The development of the bridge of the nose is no doubt directly connected with the development of the front of the cerebral part of the skull and ethmoid bone, which sooner or later carries the nasal bones with it. [Footnote 1: This fact has been well stated by C. S. Minot in the Naturalist for 1882, p. 511.] [Footnote 2: See Cope, The Hypothesis of Evolution, New Haven, 1870, p. 31.] If we now examine the leading characters of the physiognomy of three of the principal human sub-species, the Negro, the Mongolian, and the Indo-European, we can readily observe that it is in the two first named that there is a predominance of the quadrumanous features which are retarded in man; and that the embryonic characters which predominate are those in which man is accelerated. In race description the prominence of the edges of the jaws is called prognathism, and its absence orthognathism. The significance of the two lower race characters as compared with those of the Indo-European is as follows: Negro.--Hair crisp (a special character), short (quadrum. accel.); prognathous (quadrum. accel.); nose flat, without bridge (quadrum. retard)[1]; malar bones prominent (quadrum. accel.); beard short (quadrum. retard.); arms longer (quadrum. accel.); extensor muscles of legs small (quadrum. retard.). [Footnote 1: In the Bochimans, the flat nasal bones are co-ossified with the adjacent elements as in the apes (Thulié).] Mongolian.--Hair straight, long (accel.); jaws prognathous (quadrum. accel.); nose flat or prominent with or without bridge; malar bones prominent (quadrum. accel.); beard none (embryonic); arms shorter (retard.); extensor muscles of leg smaller (quad. retard.). Indo-European.--Hair long (accel.); jaws orthognathous (embryonic retard.); nose (generally) prominent with bridge (accel.); malar bones reduced (retard.); beard long (accel.); arms shorter (retard.); extensor muscles of the leg large (accel.). The Indo-European race is then the highest by virtue of the acceleration of growth in the development of the muscles by which the body is maintained in the erect position (extensors of the leg), and in those important elements of beauty, a well-developed nose and beard. It is also superior in these points in which it is more embryonic than the other races, viz., the want of prominence of the jaws and cheekbones, since these are associated with a greater predominance of the cerebral part of the skull, increased size of cerebral hemispheres, and greater intellectual power. A comparison between the two sexes of the Indo-Europeans expresses their physical and mental relations in a definite way. I select the sexes of the most civilized races, since it is in these, according to Broca and Topinard, that the sex characters are most pronounced. They may be contrasted as follows. The numbers are those of the list already used. I first consider those which are used in the tables of embryonic, quadrumanous, and race characters: MALE.                       FEMALE.
               I. _The General Form_.
   2. Shoulders square.          Shoulders slope.
   4. Waist less constricted.    Waist more constricted.
   5. Hips narrower.             Hips wider.
   6. Legs longer.               Legs shorter (very frequently).
   8. Muscles larger.            Muscles smaller.


               II. _The Integuments, etc_.
  10. More hair on body, that    Less hair on body, that of head
      of head shorter; beard.    longer; no beard.
  12. Skin rougher (generally).  Skin smoother.


               III. _The Head and Face_.
  16. Superciliary ridges more   Superciliary ridges low.
      prominent.
  22. Eyes often smaller.        Eyes often larger. The characters in which the male is the most like the infant are two, viz., the narrow hips and short hair. Those in which the female is most embryonic are five, viz., the shorter legs, smaller muscles, absence of beard, low superciliary ridges, and frequently larger eyes. To these may be added two others not mentioned in the above lists; these are 1, the high pitched voice, which never falls an octave, as does that of the male; and 2, the structure of the generative organs, which in all mammalia more nearly resemble the embryo and the lower vertebrata in the female than in the male. Nevertheless, as Bischoff has pointed out, one of the most important distinctions between man and the apes is to be found in the external reproductive organs of the female. From the preceding rapid sketch the reader will be able to explain the meaning of most of the peculiarities of face and form which he will meet with. Many persons possess at least one quadrumanous or embryonic character. The strongly convex upper lip frequently seen among the lower classes of the Irish is a modified quadrumanous character. Many people, especially those of the Sclavic races, have more or less embryonic noses. A retreating chin is a marked monkey character. Shortness of stature is mostly due to shortness of the femur, or thigh; the inequalities of people sitting are much less than those of people standing. A short femur is embryonic; so is a very large head. The faces of some people are always partially embryonic, in having a short face and light lower jaw. Such faces are still more embryonic when the forehead and eyes are protuberant. Retardation of this kind is frequently seen in children, and less frequently in women. The length of the arms would appear to have grown less in comparatively recent times. Thus the humerus in most of the Greek statues, including the Apollo Belvidere, is longer than those of modern Europeans, according to a writer in the Bulletin de la Société d'Anthropologie of Paris, and resembles more nearly that of the modern Nubians than any other people. This is a quadrumanous approximation. The miserably developed calves of many of the savages of Australia, Africa, and America are well known. The fine, swelling gastroenemius and soleus muscles characterize the highest races, and are most remote from the slender shanks of the monkeys. The gluteus muscles developed in the lower races as well as in the higher distinguish them well from the monkeys with their flat posterior outline. It must be borne in mind that the quadrumanous indications are found in the lower classes of the most developed races. The status of a race or family is determined by the percentage of its individuals who do and do not present the features in question. Some embryonic characters may also appear in individuals of any race, as a consequence of special circumstances. Such are, however, as important to the physiognomist as the more normal variations. Some of these features have a purely physical significance, but the majority of them are, as already remarked, intimately connected with the development of the mind, either as a cause or as a necessary coincidence. I will examine these relations in a future article. About HackerNoon Book Series: We bring you the most important technical, scientific, and insightful public domain books. This book is part of the public domain. Various (2005). Scientific American Supplement, No. 392, July 7, 1883. Urbana, Illinois: Project Gutenberg. Retrieved https://www.gutenberg.org/cache/epub/8742/pg8742-images.html This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at , located at . www.gutenberg.org https://www.gutenberg.org/policy/license.html

THE DEVELOPMENTAL SIGNIFICANCE OF HUMAN PHYSIOGNOMY

Twenty Thousand Leagues under the Sea by Jules Verne, is part of the HackerNoon Books Series. You can jump to any chapter in this book . CAPTAIN NEMO’S THUNDERBOLT here CHAPTER XXI: CAPTAIN NEMO’S THUNDERBOLT We looked at the edge of the forest without rising, my hand stopping in the action of putting it to my mouth, Ned Land’s completing its office. “Stones do not fall from the sky,” remarked Conseil, “or they would merit the name aerolites.” A second stone, carefully aimed, that made a savoury pigeon’s leg fall from Conseil’s hand, gave still more weight to his observation. We all three arose, shouldered our guns, and were ready to reply to any attack. “Are they apes?” cried Ned Land. “Very nearly—they are savages.” “To the boat!” I said, hurrying to the sea. It was indeed necessary to beat a retreat, for about twenty natives armed with bows and slings appeared on the skirts of a copse that masked the horizon to the right, hardly a hundred steps from us. Our boat was moored about sixty feet from us. The savages approached us, not running, but making hostile demonstrations. Stones and arrows fell thickly. Ned Land had not wished to leave his provisions; and, in spite of his imminent danger, his pig on one side and kangaroos on the other, he went tolerably fast. In two minutes we were on the shore. To load the boat with provisions and arms, to push it out to sea, and ship the oars, was the work of an instant. We had not gone two cable-lengths, when a hundred savages, howling and gesticulating, entered the water up to their waists. I watched to see if their apparition would attract some men from the on to the platform. But no. The enormous machine, lying off, was absolutely deserted. Nautilus Twenty minutes later we were on board. The panels were open. After making the boat fast, we entered into the interior of the . Nautilus I descended to the drawing-room, from whence I heard some chords. Captain Nemo was there, bending over his organ, and plunged in a musical ecstasy. “Captain!” He did not hear me. “Captain!” I said, touching his hand. He shuddered, and, turning round, said, “Ah! it is you, Professor? Well, have you had a good hunt, have you botanised successfully?” “Yes Captain; but we have unfortunately brought a troop of bipeds, whose vicinity troubles me.” “What bipeds?” “Savages.” “Savages!” he echoed, ironically. “So you are astonished, Professor, at having set foot on a strange land and finding savages? Savages! where are there not any? Besides, are they worse than others, these whom you call savages?” “But Captain——” “How many have you counted?” “A hundred at least.” “M. Aronnax,” replied Captain Nemo, placing his fingers on the organ stops, “when all the natives of Papua are assembled on this shore, the will have nothing to fear from their attacks.” Nautilus The Captain’s fingers were then running over the keys of the instrument, and I remarked that he touched only the black keys, which gave his melodies an essentially Scotch character. Soon he had forgotten my presence, and had plunged into a reverie that I did not disturb. I went up again on to the platform: night had already fallen; for, in this low latitude, the sun sets rapidly and without twilight. I could only see the island indistinctly; but the numerous fires, lighted on the beach, showed that the natives did not think of leaving it. I was alone for several hours, sometimes thinking of the natives—but without any dread of them, for the imperturbable confidence of the Captain was catching—sometimes forgetting them to admire the splendours of the night in the tropics. My remembrances went to France in the train of those zodiacal stars that would shine in some hours’ time. The moon shone in the midst of the constellations of the zenith. The night slipped away without any mischance, the islanders frightened no doubt at the sight of a monster aground in the bay. The panels were open, and would have offered an easy access to the interior of the . Nautilus At six o’clock in the morning of the 8th January I went up on to the platform. The dawn was breaking. The island soon showed itself through the dissipating fogs, first the shore, then the summits. The natives were there, more numerous than on the day before—five or six hundred perhaps—some of them, profiting by the low water, had come on to the coral, at less than two cable-lengths from the . I distinguished them easily; they were true Papuans, with athletic figures, men of good race, large high foreheads, large, but not broad and flat, and white teeth. Their woolly hair, with a reddish tinge, showed off on their black shining bodies like those of the Nubians. From the lobes of their ears, cut and distended, hung chaplets of bones. Most of these savages were naked. Amongst them, I remarked some women, dressed from the hips to knees in quite a crinoline of herbs, that sustained a vegetable waistband. Some chiefs had ornamented their necks with a crescent and collars of glass beads, red and white; nearly all were armed with bows, arrows, and shields and carried on their shoulders a sort of net containing those round stones which they cast from their slings with great skill. One of these chiefs, rather near to the , examined it attentively. He was, perhaps, a “mado” of high rank, for he was draped in a mat of banana-leaves, notched round the edges, and set off with brilliant colours. Nautilus Nautilus I could easily have knocked down this native, who was within a short length; but I thought that it was better to wait for real hostile demonstrations. Between Europeans and savages, it is proper for the Europeans to parry sharply, not to attack. During low water the natives roamed about near the , but were not troublesome; I heard them frequently repeat the word “Assai,” and by their gestures I understood that they invited me to go on land, an invitation that I declined. Nautilus So that, on that day, the boat did not push off, to the great displeasure of Master Land, who could not complete his provisions. This adroit Canadian employed his time in preparing the viands and meat that he had brought off the island. As for the savages, they returned to the shore about eleven o’clock in the morning, as soon as the coral tops began to disappear under the rising tide; but I saw their numbers had increased considerably on the shore. Probably they came from the neighbouring islands, or very likely from Papua. However, I had not seen a single native canoe. Having nothing better to do, I thought of dragging these beautiful limpid waters, under which I saw a profusion of shells, zoophytes, and marine plants. Moreover, it was the last day that the would pass in these parts, if it float in open sea the next day, according to Captain Nemo’s promise. Nautilus I therefore called Conseil, who brought me a little light drag, very like those for the oyster fishery. Now to work! For two hours we fished unceasingly, but without bringing up any rarities. The drag was filled with midas-ears, harps, melames, and particularly the most beautiful hammers I have ever seen. We also brought up some sea-slugs, pearl-oysters, and a dozen little turtles that were reserved for the pantry on board. But just when I expected it least, I put my hand on a wonder, I might say a natural deformity, very rarely met with. Conseil was just dragging, and his net came up filled with divers ordinary shells, when, all at once, he saw me plunge my arm quickly into the net, to draw out a shell, and heard me utter a cry. “What is the matter, sir?” he asked in surprise. “Has master been bitten?” “No, my boy; but I would willingly have given a finger for my discovery.” “What discovery?” “This shell,” I said, holding up the object of my triumph. “It is simply an olive porphyry, genus olive, order of the pectinibranchidæ, class of gasteropods, sub-class mollusca.” “Yes, Conseil; but, instead of being rolled from right to left, this olive turns from left to right.” “Is it possible?” “Yes, my boy; it is a left shell.” Shells are all right-handed, with rare exceptions; and, when by chance their spiral is left, amateurs are ready to pay their weight in gold. Conseil and I were absorbed in the contemplation of our treasure, and I was promising myself to enrich the museum with it, when a stone unfortunately thrown by a native struck against, and broke, the precious object in Conseil’s hand. I uttered a cry of despair! Conseil took up his gun, and aimed at a savage who was poising his sling at ten yards from him. I would have stopped him, but his blow took effect and broke the bracelet of amulets which encircled the arm of the savage. Conseil seized his gun “Conseil!” cried I. “Conseil!” “Well, sir! do you not see that the cannibal has commenced the attack?” “A shell is not worth the life of a man,” said I. “Ah! the scoundrel!” cried Conseil; “I would rather he had broken my shoulder!” Conseil was in earnest, but I was not of his opinion. However, the situation had changed some minutes before, and we had not perceived. A score of canoes surrounded the . These canoes, scooped out of the trunk of a tree, long, narrow, well adapted for speed, were balanced by means of a long bamboo pole, which floated on the water. They were managed by skilful, half-naked paddlers, and I watched their advance with some uneasiness. It was evident that these Papuans had already had dealings with the Europeans and knew their ships. But this long iron cylinder anchored in the bay, without masts or chimneys, what could they think of it? Nothing good, for at first they kept at a respectful distance. However, seeing it motionless, by degrees they took courage, and sought to familiarise themselves with it. Now this familiarity was precisely what it was necessary to avoid. Our arms, which were noiseless, could only produce a moderate effect on the savages, who have little respect for aught but blustering things. The thunderbolt without the reverberations of thunder would frighten man but little, though the danger lies in the lightning, not in the noise. Nautilus At this moment the canoes approached the , and a shower of arrows alighted on her. Nautilus I went down to the saloon, but found no one there. I ventured to knock at the door that opened into the Captain’s room. “Come in,” was the answer. I entered, and found Captain Nemo deep in algebraical calculations of and other quantities. x “I am disturbing you,” said I, for courtesy’s sake. “That is true, M. Aronnax,” replied the Captain; “but I think you have serious reasons for wishing to see me?” “Very grave ones; the natives are surrounding us in their canoes, and in a few minutes we shall certainly be attacked by many hundreds of savages.” “Ah!” said Captain Nemo quietly, “they are come with their canoes?” “Yes, sir.” “Well, sir, we must close the hatches.” “Exactly, and I came to say to you——” “Nothing can be more simple,” said Captain Nemo. And, pressing an electric button, he transmitted an order to the ship’s crew. “It is all done, sir,” said he, after some moments. “The pinnace is ready, and the hatches are closed. You do not fear, I imagine, that these gentlemen could stave in walls on which the balls of your frigate have had no effect?” “No, Captain; but a danger still exists.” “What is that, sir?” “It is that to-morrow, at about this hour, we must open the hatches to renew the air of the . Now, if, at this moment, the Papuans should occupy the platform, I do not see how you could prevent them from entering.” Nautilus “Then, sir, you suppose that they will board us?” “I am certain of it.” “Well, sir, let them come. I see no reason for hindering them. After all, these Papuans are poor creatures, and I am unwilling that my visit to the island should cost the life of a single one of these wretches.” Upon that I was going away; But Captain Nemo detained me, and asked me to sit down by him. He questioned me with interest about our excursions on shore, and our hunting; and seemed not to understand the craving for meat that possessed the Canadian. Then the conversation turned on various subjects, and, without being more communicative, Captain Nemo showed himself more amiable. Amongst other things, we happened to speak of the situation of the , run aground in exactly the same spot in this strait where Dumont d’Urville was nearly lost. Apropos of this: Nautilus “This D’Urville was one of your great sailors,” said the Captain to me, “one of your most intelligent navigators. He is the Captain Cook of you Frenchmen. Unfortunate man of science, after having braved the icebergs of the South Pole, the coral reefs of Oceania, the cannibals of the Pacific, to perish miserably in a railway train! If this energetic man could have reflected during the last moments of his life, what must have been uppermost in his last thoughts, do you suppose?” So speaking, Captain Nemo seemed moved, and his emotion gave me a better opinion of him. Then, chart in hand, we reviewed the travels of the French navigator, his voyages of circumnavigation, his double detention at the South Pole, which led to the discovery of Adelaide and Louis Philippe, and fixing the hydrographical bearings of the principal islands of Oceania. “That which your D’Urville has done on the surface of the seas,” said Captain Nemo, “that have I done under them, and more easily, more completely than he. The Astrolabe and the Zelee, incessantly tossed about by the hurricane, could not be worth the , quiet repository of labour that she is, truly motionless in the midst of the waters. Nautilus “To-morrow,” added the Captain, rising, “to-morrow, at twenty minutes to three p.m., the shall float, and leave the Strait of Torres uninjured.” Nautilus Having curtly pronounced these words, Captain Nemo bowed slightly. This was to dismiss me, and I went back to my room. There I found Conseil, who wished to know the result of my interview with the Captain. “My boy,” said I, “when I feigned to believe that his was threatened by the natives of Papua, the Captain answered me very sarcastically. I have but one thing to say to you: Have confidence in him, and go to sleep in peace.” Nautilus “Have you no need of my services, sir?” “No, my friend. What is Ned Land doing?” “If you will excuse me, sir,” answered Conseil, “friend Ned is busy making a kangaroo-pie which will be a marvel.” I remained alone and went to bed, but slept indifferently. I heard the noise of the savages, who stamped on the platform, uttering deafening cries. The night passed thus, without disturbing the ordinary repose of the crew. The presence of these cannibals affected them no more than the soldiers of a masked battery care for the ants that crawl over its front. At six in the morning I rose. The hatches had not been opened. The inner air was not renewed, but the reservoirs, filled ready for any emergency, were now resorted to, and discharged several cubic feet of oxygen into the exhausted atmosphere of the . Nautilus I worked in my room till noon, without having seen Captain Nemo, even for an instant. On board no preparations for departure were visible. I waited still some time, then went into the large saloon. The clock marked half-past two. In ten minutes it would be high-tide: and, if Captain Nemo had not made a rash promise, the would be immediately detached. If not, many months would pass ere she could leave her bed of coral. Nautilus However, some warning vibrations began to be felt in the vessel. I heard the keel grating against the rough calcareous bottom of the coral reef. At five-and-twenty minutes to three, Captain Nemo appeared in the saloon. “We are going to start,” said he. “Ah!” replied I. “I have given the order to open the hatches.” “And the Papuans?” “The Papuans?” answered Captain Nemo, slightly shrugging his shoulders. “Will they not come inside the ” Nautilus? “How?” “Only by leaping over the hatches you have opened.” “M. Aronnax,” quietly answered Captain Nemo, “they will not enter the hatches of the in that way, even if they were open.” Nautilus I looked at the Captain. “You do not understand?” said he. “Hardly.” “Well, come and you will see.” I directed my steps towards the central staircase. There Ned Land and Conseil were slyly watching some of the ship’s crew, who were opening the hatches, while cries of rage and fearful vociferations resounded outside. The port lids were pulled down outside. Twenty horrible faces appeared. But the first native who placed his hand on the stair-rail, struck from behind by some invisible force, I know not what, fled, uttering the most fearful cries and making the wildest contortions. Ten of his companions followed him. They met with the same fate. Conseil was in ecstasy. Ned Land, carried away by his violent instincts, rushed on to the staircase. But the moment he seized the rail with both hands, he, in his turn, was overthrown. “I am struck by a thunderbolt,” cried he, with an oath. This explained all. It was no rail; but a metallic cable charged with electricity from the deck communicating with the platform. Whoever touched it felt a powerful shock—and this shock would have been mortal if Captain Nemo had discharged into the conductor the whole force of the current. It might truly be said that between his assailants and himself he had stretched a network of electricity which none could pass with impunity. Meanwhile, the exasperated Papuans had beaten a retreat paralysed with terror. As for us, half laughing, we consoled and rubbed the unfortunate Ned Land, who swore like one possessed. But at this moment the , raised by the last waves of the tide, quitted her coral bed exactly at the fortieth minute fixed by the Captain. Her screw swept the waters slowly and majestically. Her speed increased gradually, and, sailing on the surface of the ocean, she quitted safe and sound the dangerous passes of the Straits of Torres. Nautilus About HackerNoon Book Series: We bring you the most important technical, scientific, and insightful public domain books. This book is part of the public domain. Jules Verne (1994). Twenty Thousand Leagues under the Sea. Urbana, Illinois: Project Gutenberg. Retrieved October 2022 https://www.gutenberg.org/files/164/164-h/164-h.htm This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at , located at . www.gutenberg.org https://www.gutenberg.org/policy/license.html

CAPTAIN NEMO’S THUNDERBOLT

Hi there! It’s , a lawyer, strategist and international communications professional with a VC background. This article is intended for digital startup founders who are looking to launch a LegalTech business. Ksenia A quick note: the LegalTech market size in 2022 totaled , with a projected CAGR of around , reaching a value by 2032. Considering the total available market, the UK legal services market alone was valued at in 2022, with an estimated CAGR was estimated at according to the same agency. 29.8bn USD 9% $69.7bn USD 43.9bn GBP 5.43% This market presents a potential opportunity to implement legal technologies. Moreover, the legal profession is highly prestigious and has extremely high barriers to entry. All of these factors make LegalTech highly attractive for both IT entrepreneurs and investors. So, what does it take to launch startup in the LegalTech industry? While it's possible to launch a startup relatively quickly in other industries, LegalTech sets higher standards and has stricter requirements. It necessitates industry-specific knowledge, given that the legal field is deeply traditional and highly selective with its professionals. Finding a lawyer who possesses the right blend of tech savviness, business skills, and a willingness to disrupt the traditional norms is a formidable challenge. So, to make it easier for aspiring entrepreneurs in the field, I have written this overview of the LegalTech landscape. In this article, you will find: Types of LegalTech startups Problems innovators face when entering the LegalTech industry Existing solutions Principles of LegalTech to follow, and Areas where the technology can be implemented Types of LegalTech Startups First, we need to know what the options are. It’s the first responsibility of a founder to determine who their customer is, whether it is a business or a private individual. Is it a self-help tool, maybe a marketplace or a solution for a law firm? What kind of law does it involve? Is it for IP, corporate law or something else? Here is my typology of LegalTech that is client-oriented, not too fragmented and considers most important factors: For law firms, in-house lawyers and legal professionals (e.g., Clio); For governmental bodies such as courts (e.g., ODR). It has its own category because the focus is often more on bureaucracy at the expense of speed and innovative approaches, which is not suitable for fast-growing companies; Self-help tools for business owners, private clients, etc. (e.g., Clerky). I didn't include marketplaces here. However, it's worth mentioning that there are startups in this category that have shown promising results. They can be considered part of the self-help category as well. Problems innovators face when entering the LegalTech industry The knowledge bar is extremely high in the legal profession. It encompasses more than just learning codes and precedents. It involves a comprehensive understanding of various elements such as essential terms of contracts, principles like freedom of contract, and the ability to implement them effectively. Each country has own legal system. A significant difference between Civil Law and Common Law Systems. The legal industry is known for its strong adherence to tradition and its historical reliance on established clientele. Consequently, it can present challenges when attempting to attract new customers. In this context, it becomes crucial to identify the markers or digital proof that can showcase the quality of a lawyer's work and the reputation of the legal services they provide. Resistance from legal professionals may arise when considering the implementation of a SaaS solution. While such a solution has the potential to save time and streamline processes for lawyers or law firms, it may not always be perceived positively by legal professionals, as their billing practices often rely on hourly rates. Therefore, the successful adoption of technology in the legal field necessitates a shift in the traditional business model for lawyers. Consequently, if law firms are not likely to embrace this change enthusiastically, in-house legal professionals may be more open to embracing such technological advancements. To mitigate resistance and increase acceptance, it is crucial to target the right audience and address their concerns, as people tend to be resistant to change. Third-party risks - policies, procedures, promises. Security is crucial for law firms as they are often targeted as vulnerable points within enterprises, and the same goes for SaaS platforms. Without adequate security measures in place, breaches can occur, potentially leading to the placement of fake and compromising materials on individuals' computers. The consequences of such breaches can be severe. Therefore, it is essential to prioritize and ensure the highest level of security in your software. Existing solutions Here are a few examples of existing LegalTech solutions: Case Management Software such as Clio, PracticePanther, MyCase; Legal research - LexisNexis, Westlaw; eDiscovery - Nuix; Self-help - Clerky, that is a LegalTech platform that primarily caters to startups and early-stage companies, providing them with self-serve legal document creation and compliance solutions; AI-powered Solutions - Kira Systems; Contract Management Solutions - Conga Contracts; Compliance - Vanta. Principles of LegalTech to follow and areas where the technology can be implemented When developing a startup, please keep in mind the following principles: Security and risk mitigation; Customer-oriented approach; Precision and minimization of mistakes; Stay up to date; Help to speed-up the processes. There are several solutions available that have overlapping functionality. It is worth mentioning that the primary role of a lawyer is to mitigate risks, and it is important to keep this in mind. Additionally, lawyers shouldn't impede the contract process; instead, they should help expedite it. There is a popular opinion that LegalTech should move towards standardization and reduce segmentation. One interesting concept to keep in mind is that the software should enable individuals to autonomously locate information within their organization. Here are some areas where technologies could be developed: Collaboration platform for multidisciplinary teams; Proactive business advice and analytics. for business was the largest market sector in 2022 in the UK; Legal advice AI-powered online dispute resolution service (ODR); Visualization and design tools for legal professionals; eDiscovery, legal data analytics, fact extraction, and predictive tools; Contract lifecycle management (CLM) software; Legal operations and workflow management; Virtual law firms and online legal services; Regulatory compliance and risk management; Document management systems (DMS) with advanced metadata features. I hope this article was helpful to you! Please note that this is not an exhaustive research, and feel free to share your opinion with me. Also, let me know if you would like me to elaborate on some ideas. Feedback would be greatly appreciated. Feel free to connect with me on , and let’s continue the conversation! LinkedIn

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