Golden Web 3.0 Daily | Musk donates $75 million to support Trump

DeFi Data

1. DeFi Token Total Market Cap: 792.43 billion US dollars

Decentralized Finance total market cap data source: coingecko

2. In the past 24 hours, the volume of Decentralization exchange is $53.96 billion

Volume data of Decentralization exchange in the past 24 hours is from coingecko.

3. Locked assets in Decentralized Finance: $879.84 billion

Top 10 Decentralized Finance projects by locked assets and their lock-up amounts. Data source: defillama

Non-fungible Token Data

1. Non-fungible Token total Market Cap: 296.28 billion US dollars

Non-fungible Token total market capitalization, top ten market capitalization projects. Data source: Coinmarketcap.

24-hour NFT trading volume: $2.646 billion

Non-fungible Token total market capitalization, top ten market capitalization projects. Data source: Coinmarketcap.

Top Non-fungible Token within 3.24 hours

Top 10 Non-Fungible Token Sales in the Last 24 Hours. Source: Non-Fungible TokenGO.

Headlines

Elon Musk donates 75 million US dollars to support Trump

On October 16th, according to the Federal Election Commission documents, Musk donated $75 million to a U.S. political action committee supporting Trump.

NFT Hotspot

1. The first round of WooKong Mint has exceeded 12,800 pieces, and the highest repurchase price of this round of Non-fungible Token has reached 1000 TON****

On October 16th, it was reported that since its launch yesterday, the total amount of Mint on WooKong has exceeded 12,800, and the Mint progress of the first buyback cycle has reached 28.33%. The NFT price for this round is about $1, with a buyback scale of 50%, and the highest buyback price is 1000 TON, approximately $5200. It is reported that the buyback process of WooKong will start immediately after the Mint progress reaches 100%. In probability terms, for every 2 Non-fungible Tokens minted, 1 Non-fungible Token will definitely enter the buyback pool. Its Telegram mini-program wookongbot has opened a secondary trading market. After all 6 buyback periods end, all Non-fungible Tokens that have not entered the buyback pool have the opportunity to be repurchased by WooKong’s investors at a price of 300,000 TON.

DeFi Hotspots

1.BNB beacon chain will stop running before mid-November

Golden Finance reported that BNB Chain announced that BNB beacon chain validators will stop running validation before mid-November to complete the shutdown. At that time, BNB beacon chain will stop running and stop processing any new transactions. BNB Chain urges users and centralized exchanges to take specific actions to prevent the complete loss of assets.

2. Ethereum ecosystem memes Neiro will launch on Base network

Golden Finance reported that according to the official Twitter of the meme coin Neiro in the Ethereum ecosystem, Neiro Token will be listed on the Base network. In order to guide Liquidity, Neiro also applied to join the Allowlist of the DEX protocol Aero in the Base ecosystem.

3. Report: The market size of RWAtokenization industry is expected to rise by over 50 times by 2030

On October 16th, according to the research report of Tren Finance, some of the largest Financial Institutions and commercial consulting companies predict that by 2030, the RWAtokenization industry may rise more than 50 times. Most companies predict that the market size of the RWA field could reach $4 trillion to $30 trillion. If the industry achieves the median forecast of around $10 trillion, its value will rise more than 54 times the current value. Real-world assets offer enormous growth potential, as the current value of the industry is only $185 billion (including Stablecoin). However, Stablecoin continues to dominate the RWA field, with a market share of over $170 billion. In contrast, the value of securities and government bonds tokenized on-chain is only $2.2 billion. As the industry matures, the RWA field may start to cover more global financial markets. According to Tren Finance’s research report, this may reshape the financial markets, including the way people invest, trade, and hold assets.

4. ZK hardware acceleration project Cysic has reached a cooperation with Scroll, and thereafter SCRpump about 10%

On October 16th, Cysic Network, a ZK hardware acceleration project, announced a partnership with the ETH Layer 2 Scroll, integrating zero-knowledge computing capabilities into the blockchain to accelerate the expansion of Ethereum. The price of SCR token for Scroll has surged 10% after the recent announcement of its partnership with Cysic Network. The focus of this collaboration is to enhance the transaction efficiency and security on the ETH blockchain by integrating Cysic’s cutting-edge Zero Knowledge (ZK) computation technology.

5**. Yala test network is now online**

On October 16, Yala announced on the X platform that its test network is now online. Through the Yala test network, users will be able to deposit YU, manage their Position, and stake YU to earn points. Earlier news, Yala completed an $8 million seed round of financing, led by Polychain Capital and Ethereal Ventures.

6. Astria announces the upcoming launch of Mainnet

Golden Finance reported that the shared sequencer network Astria announced the upcoming launch of the Mainnet. Previously in July 2024, Astria completed a $12.5 million financing round, led by dba and Placeholder VC.