Bing VenturesAccount Abstraction Wallets: User Experience, Security, and the Future
By Kyle Liu, Investment Manager at Bing Ventures EIP-4337 standardized smart contact wallets and the related infrastructure. But Account Abstraction is still in its early stages and has low adoption. For example, many Layer2s have yet to support it. These constraints mean that users still face a deep learning curve and huge cost of use. By introducing a proxy layer, Account Abstraction (“AA”) wallets aim to lower the entry barriers of personal wallets and offer users easier-to-use account sys...
Bing VenturesWhy Is Ampleforth Likely to Be the First Truly Successful Algorithmic Stablecoin?
If you didn’t already know, different algorithm stablecoins actually vary in design. Ampleforth, the oldest algorithmic project, is trying to change the meaning of “algorithmic stabilisers.” Its token, THE AMPL, introduced an elaborate “Rebase” mechanism that increased the supply of tokens when the price of contemporary coins rose above a certain threshold. But for a more fundamental purpose, AMPL is not a true stablecoin, despite its explicit price target.Source：CoingeckoRelying on this simp...
Bing VenturesThe Future of Actively Managed On-Chain Asset Protocols: Unlock the Hidden Socialfi Property of Enzy…
By Kyle, Investment Manager@Bing Ventures Like Stablecoin, on-chain asset management has been one of the first blockchain scenarios to land. The DAO’s organizational structure naturally removes organizational barriers to decentralized asset management. Enzyme, a pioneer of multi-chain asset management protocols, was created in 2016. More importantly, it can use tokens to incentivise asset issuers and liquidity participants to tap into more decentralized financial scenarios. From flatter inves...
Riding the next waves of blockchain and Web3 innovation
Bing VenturesAccount Abstraction Wallets: User Experience, Security, and the Future
By Kyle Liu, Investment Manager at Bing Ventures EIP-4337 standardized smart contact wallets and the related infrastructure. But Account Abstraction is still in its early stages and has low adoption. For example, many Layer2s have yet to support it. These constraints mean that users still face a deep learning curve and huge cost of use. By introducing a proxy layer, Account Abstraction (“AA”) wallets aim to lower the entry barriers of personal wallets and offer users easier-to-use account sys...
Bing VenturesWhy Is Ampleforth Likely to Be the First Truly Successful Algorithmic Stablecoin?
If you didn’t already know, different algorithm stablecoins actually vary in design. Ampleforth, the oldest algorithmic project, is trying to change the meaning of “algorithmic stabilisers.” Its token, THE AMPL, introduced an elaborate “Rebase” mechanism that increased the supply of tokens when the price of contemporary coins rose above a certain threshold. But for a more fundamental purpose, AMPL is not a true stablecoin, despite its explicit price target.Source：CoingeckoRelying on this simp...
Bing VenturesThe Future of Actively Managed On-Chain Asset Protocols: Unlock the Hidden Socialfi Property of Enzy…
By Kyle, Investment Manager@Bing Ventures Like Stablecoin, on-chain asset management has been one of the first blockchain scenarios to land. The DAO’s organizational structure naturally removes organizational barriers to decentralized asset management. Enzyme, a pioneer of multi-chain asset management protocols, was created in 2016. More importantly, it can use tokens to incentivise asset issuers and liquidity participants to tap into more decentralized financial scenarios. From flatter inves...
Riding the next waves of blockchain and Web3 innovation
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Bing Ventures is a crypto VC fund supporting early-stage projects in the blockchain and cryptocurrency industry. The founding team are from top financial institutions such as JPMorgan and Standard Chartered Bank. Our investment themes include Decentralized Finance (DeFi), Web3.0, Gaming and Metaverse.
Bing Ventures is a crypto VC fund supporting early-stage projects in the blockchain and cryptocurrency industry. The founding team are from top financial institutions such as JPMorgan and Standard Chartered Bank. Our investment themes include Decentralized Finance (DeFi), Web3.0, Gaming and Metaverse.
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