Unlocking the Future: A Recap of the ICP ECO SUMMER MEETUP

Under the impetus of a new wave of technology, we are standing on the threshold of a new era where the combination of Web3 and AI within the ICP ecosystem is unlocking infinite possibilities. On September 7, Web3Labs, in collaboration with ICP, hosted the highly anticipated ICP ECO SUMMER MEETUP.

This grand event was not just a technical exchange but also a collision of innovative ideas. We were honored to invite leading industry enterprises such as ICP China Hub, Ominity, ICP Racer, ICPEx, MurphAI, and ICP Mobile, who shared profound insights on the application of Web3+AI within the ICP ecosystem. During this summer gathering, we engaged in in-depth discussions with top domestic project teams and independent developers on the market prospects, technology implementation, and how to achieve breakthroughs in the opportunity-laden field of Web3 and AI under the ICP ecosystem.

01 Exploration of ICP Ecosystem Development and Direction

Web3Labs

ICP enjoys a stellar reputation globally, consistently ranking among the top thirty public chains in terms of Fully Diluted Valuation (FDV). It has established solid cooperative relationships with several international organizations, including the United Nations. ICP’s chain integration technology and robust support for decentralized full-chain applications, often referred to as “alien technology,” demonstrate its unparalleled technological advantages. Additionally, the unique culture within the ICP community, epitomized by groups like the “8 Years Gang” who pledge assets for eight years to signify long-term commitment, enriches the community’s cultural background. Since its mainnet launch, ICP has nurtured hundreds of projects, including emerging successes like Waterneuron and DecideAI.

02 ICP Ecosystem Incentive Policies

ICP China Hub

ICP has established hubs in key countries and regions worldwide, such as Japan, Korea, Germany, and the United States, to integrate local resources, discover and support localized ICP ecosystem projects, and provide grant policy support. Notably, ICP China Hub has successfully aided the development of projects like ICP Mobile and Predi.

03 Full-Chain Interoperability Protocol Based on ICP

Ominity

At a strategic level of ecosystem layout, ICP launched the Olympus incubator platform, which is open to top accelerators globally and aims to provide comprehensive services. As the first external cooperative accelerator for Olympus, Web3Labs, alongside institutions like Bewater and Outlier Ventures, injects vitality and momentum into ICP ecosystem projects.

04 Telegram Mini-Programs Built on ICP

ICP Racer

ICP Racer is a mini-program game based on the Telegram platform, cleverly channeling Telegram’s massive user base onto the ICP chain, leveraging the significant traffic niche of the Web3 era. ICP Racer is dedicated to building a matrix of Telegram mini-programs, continuously introducing fresh blood into the ICP ecosystem.

05 Full-Chain Dex Built on ICP

ICPEx

CLP, as a full-chain liquidity protocol and native stablecoin platform within the ICP ecosystem, offers low-cost, efficient, and secure crypto asset lending services through an innovative interest-free lending mechanism. Users can pledge assets like ICP, BTC, and ETH to borrow stablecoins like CUSD, while enjoying additional mining and liquidation rewards brought by the dual-token mechanism (CUSD and CLPT), significantly enhancing the liquidity and value of crypto assets.

ICPEx is a fully on-chain decentralized exchange based on the proactive market maker (PMM) algorithm, with both its front-end and back-end deployed on ICP. Leveraging its comprehensive DeFi infrastructure, ICPEx provides a one-stop full-cycle service for ICP ecosystem projects, covering everything from token creation and liquidity provision to market making. To date, users have created over 600 tokens and 300 liquidity pools on ICPEx. As the first DEX in the ICP ecosystem integrated with DexScreener, ICPEx significantly accelerates collaboration between the ICP ecosystem and well-known Web3 gateways, enabling high-quality ICP projects to reach a broader Web3 audience.

06 Hardware Integrated with the ICP Ecosystem

ICP Mobile

ICP Mobile, a smartphone designed for the Web3 era, combines high-end hardware with the SeedVault self-custody feature, providing highly secure operating system protection for user privacy and seamless access to native Web3 dApps, becoming a critical bridge connecting users with the Web3 ecosystem. The launch of ICP Mobile marks ICP’s official entry into the era of smart hardware.

Through the joint efforts of Web3Labs and ICP, we have built a platform for developers to exchange and collaborate, sparking creativity and technological innovation. This exchange has provided developers with more insights into development experiences and ICP ecosystem incentives, and we believe that future efforts will foster more projects to take root and flourish within the ICP ecosystem. Web3Labs will continue to partner with ICP to provide more support and resources for developers, exploring the infinite possibilities of Web3+AI together. Let’s look forward to reuniting in the near future to share more achievements and create more value.

About the Web3labs X ICP Accelerator Program

In March 2024, the DFINITY Foundation, a Swiss non-profit organization and major contributor to the Internet Computer Protocol (ICP), announced a strategic partnership with Web3Labs to jointly launch the “ICP X Web3Labs Accelerator” on Olympus.

Olympus is a decentralized global acceleration platform initiated by the DFINITY Foundation with $15 million in funding support. Olympus aims to drive the decentralized construction of ecosystems for ICP and multi-chain projects, accelerating the development and implementation of cutting-edge Web3 and AI technologies, and injecting strong momentum into the development of blockchain and AI technologies in the Asia-Pacific region.

The ICP X Web3Labs Accelerator is continuously recruiting globally, and we sincerely invite innovative Web3 startup teams worldwide to join us. 👉 Click here for details on the accelerator program.

About Web3Labs

Web3Labs serves as a one-stop entry point for Web3.0 startups, aiming to respond to the Hong Kong SAR Government’s policy declaration by providing landing services, investment acceleration, technical cooperation, PR services, and compliance assistance to help global Web3 enterprises establish a presence in Hong Kong and connect internationally. Currently, Web3Labs has offline incubators in Hong Kong, Singapore, Malaysia, Korea, Hangzhou, and Beijing. Additionally, Web3Labs has launched a $10 million global WEB3.0 acceleration program and has established strategic partnerships with leading international institutions like Neo, Zetrix, ICP, and KuCoin Labs to provide comprehensive empowerment and acceleration for high-quality global projects.

About ICP

ICP (Internet Computer Protocol) is a next-generation high-performance public chain operated by Dfinity, a non-profit organization composed of top cryptographers, computer scientists, and distributed computing experts worldwide. ICP is a decentralized cloud 3.0 protocol that allows developers to build and run services and enterprise systems directly on the public blockchain, achieving unprecedented scalability. ICP will leverage its unique technology to conduct in-depth ecosystem construction in fields such as chain integration, decentralized AI, DePIN, and distributed computing.

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