[Skyland Ventures Co., Ltd.] Tokens listed on 8 major CEXs including Taiko, Upbit, and Bybit, which are investees of Skyland Ventures
*View in browser* *Skyland Ventures Co., Ltd.*
Press release: June 5, 2024
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Tokens listed on 8 major CEXs including Skyland Ventures portfolio companies Taiko, Upbit, and Bybit
* Skyland Ventures (Headquarters: Shibuya-ku, Tokyo, General Partner
・CEO: Yoshihiko Kinoshita (hereinafter referred to as SV) would like to inform you that Taiko, an investment company, has listed its tokens on eight major CEXs (centralized exchanges), including Upbit and Bybit. *
*What is Taiko?*
Taiko is a project designed as a Layer 2 scaling solution for Ethereum, and primarily employs the zk-Rollup technology that leverages zero-knowledge proofs (zk-SNARKs).
The purpose of this project is to improve the transaction processing capacity of the Ethereum network and significantly reduce transaction costs. Taiko is over 95% compatible with Ethereum, allowing developers to use their existing Ethereum tools as-is and easily migrate smart contracts on Ethereum.
Taiko has a total of 7 Testnet
After the upgrade, we successfully deployed Mainnet on May 27th. We achieved over 150,000 transactions in the first three days. At the same time, we will reach TGE and continue to develop as a
decentralized organization and infrastructure that contributes to the Ethereum ecosystem.
*Layer2
Layer
2 (L2) solution is a technology developed to solve the scalability problem of blockchain technology. These solutions increase transaction speed and reduce costs while
1 (L1) maintains blockchain security and decentralization.
*zk-Rollup
zk-Rollup is a Layer 2 technology that improves Ethereum’s scalability and efficiency. It leverages zero-knowledge proofs (zk-SNARKs) to batch transactions and send them to mainnet while guaranteeing their validity. Process large numbers of transactions off-chain and combine them into a single batch. Generate a zero-knowledge proof proving the validity of the batch and send it to Ethereum mainnet. This ensures authenticity of transactions while preserving privacy.
*Taiko ecosystem*
Taiko
There are currently (June 2024) 58 protocols and applications deployed on Mainnet. As L2 has the highest synchronization with the ETH mainnet, the development of the Taiko ecosystem is expected to continue to grow rapidly in the future. Below, Taiko
I would like to introduce some projects on Mainnet.
iZUMi Finance(DEX)
iZUMi
Finance is a decentralized exchange (DEX) and liquidity management protocol that provides users with efficient and transparent trading and asset management. Innovative features and incentive mechanisms make it an attractive platform for both liquidity providers and traders.
Orbiter Finance (Bridge Protocol)
Orbiter Finance
2 bridge protocol, which aims to enable quick and low-cost movement of assets between different blockchains. In particular, Layer
We provide the infrastructure to enhance interoperability between the two solutions and allow users to seamlessly utilize multiple blockchains.
Particle Network
Particle
Network is an ecosystem of decentralized infrastructure and protocols aimed at helping you build and operate Web3 and DeFi (decentralized finance) applications. Particle
The Network aims to provide tools and services for developers to build scalable and efficient applications, while providing a better experience for end users.
Taiko’s link
– * Website: * https://taiko.xyz/
– *X:* https://x.com/taikoxyz
– * Discord: * https://discord.com/invite/taikoxyz
– * Blog: * https://taiko.mirror.xyz/
– *Youtube:* https://www.youtube.com/@taikoxyz
* $TAIKO token listed on 5 major CEXs *
Taiko token ($TAIKO)
was simultaneously listed on major global cryptocurrency exchanges Upbit, Bybit, Bitget, Bitfinex, KuCoin, Gate, MEXC, and Coinone. $TAIKO will be issued on an ERC-20 basis with a total supply of 1 billion tokens. Token allocations are distributed among DAO Treasury, teams, foundations, investors, airdrops, etc., and serve as incentives within the project’s ecosystem.
Source: ICO Analytics https://icoanalytics.org/projects/taiko/
*Comments from each stakeholder*
* Yoshihiko Kinoshita / Skyland Ventures CEO and General Partner * Congratulations on Taiko’s token listing. L2 Type1
We have high hopes that the groundbreaking project zk-EVM will become a major solution to Ethereum’s scalability issues. The seamless and cost-effective solution provided by Taiko will attract many developers and users to join the Ethereum ecosystem, and further development is expected. I sincerely respect the innovative challenges of everyone on the team.
* Yuan Xiao Hang / Skyland Ventures CSO and General Partner* We would like to extend our heartfelt congratulations on the official release of Taiko. I am very happy that the result of many years of development has finally reached the public release of Ethereum mainnet and TGE, and the transition to a decentralized organization. The first time I met the team was at a conference in Singapore. I remember like it was yesterday when I met the team during a bear market and talked about its future. The powerful Layer2 solution provided by Taiko will further accelerate the future of Ethereum and attract many new users. The development of the Ethereum ecosystem is with Taiko! !
* Yonkuro (Masaki Ikeda) / Skyland Ventures Principal*
Congratulations on the token listing. Taiko is the L2 that builders are most familiar with as a solution to Ethereum’s scalability and transaction cost challenges. This will be a great advantage for expanding the ecosystem, and by utilizing the generated tokens, we can expect further rapid growth in the future. We look forward to seeing it used by many developers and enriching the use case layer.
[About Skyland Ventures]
Skyland Ventures (SV) invests in domestic and international startups as a seed VC (venture capital). SV is “The
Seed
With the mission of “Maker.”, we provide seed money to young entrepreneurs and startups in the Internet domain.From 2022 onwards, we will strengthen investment in the Web3 domain and generative AI domain, and we will launch an incubation program called CryptoLand (Web3 )・We operate Arami (Generation AI) and create seed startups.
In addition, in 2023, we will acquire the naming rights for the Tokushima City Awa Odori Enbujo, where over 1 million people will participate, and will expand the Japanese startup ecosystem and bridge the gap between various players, both in Tokyo and in other regions, across Japan and globally. That’s what I’m aiming for.
Company name: Skyland Ventures (Representative: Yoshihiko Kinoshita) Address: Sakuragaoka Front Building II, 16-13 Sakuragaoka-cho, Shibuya-ku, Tokyo – *URL:* https://skyland.vc
– * Twitter: * https://twitter.com/skylandvc
– * YouTube: * https://www.youtube.com/channel/UCpQ0_31ALEoIDGkDIBRuwUQ – *Press Kit:*
https://www.notion.so/skylandventures/Skyland-Ventures-Pres-Kit-821339adc9df435c8dbd5ea4ee2426fe *About details about this release*
https://prtimes.jp/main/html/rd/p/000000187.000008324.html
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