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"For a considerable amount of time, the Arweave ecosystem lacked a crucial infrastructure: a DEX (Decentralized Exchange). Most projects within the ecosystem were forced to issue ERC-20 Tokens to facilitate their token issuance processes.
Arweave introduced the PST (Profit Sharing Tokens) standard, but it could only operate on the Arweave network itself. It lacked the ability to interact with larger-market share chains through cross-chain capabilities, limiting its access to market liquidity.
The everVision team proposed SCP (Storage Consensus Paradigm), a concept that separates computation from storage, allowing off-chain computation while storing data on-chain. Based on the SCP theory, they developed Permaswap, a DEX within the Arweave ecosystem. Permaswap supports three native token formats: PST, ERC-20, and everPay. Furthermore, everVision created a universal payment protocol called everPay, which now supports dozens of tokens from six different blockchains, including Arweave, EVM, and Polkadot ecosystems.
everVision, in collaboration with Asian digital banks, introduced an offshore RMB stablecoin called ACNH, based entirely on everPay. This initiative marked everVision's first foray into the realm of RWA (Real World Assets).
Aside from conventional product development, everVision's leadership established Arweave SCP Ventures, an incubator and investment fund dedicated to promoting data growth within the Arweave network and related projects.
As of now, Arweave SCP Ventures has invested in several outstanding projects across various domains. The list includes:
1. ReadOn: A reading community based on the Read 2 Earn model, creating a value-circulating content community for global users.
2. Mind Network: A privacy service network built on ZK (Zero Knowledge) and FHE (Fully Homomorphic Encryption) technologies, focused on safeguarding user data.
3. 4EVERLAND: Providing all-in-one website hosting services for developers to distribute their content in a decentralized manner, emphasizing permanent storage and censorship resistance.
4. Starpower: A startup in the DePIN sector, aiming to integrate environmental sustainability and Arweave into the daily lives of ordinary people, contributing to global environmental improvement.
5. LegalNow: An AI lawyer and legal contract generation SaaS (Software as a Service) platform initiated by the founder of LegalDAO, with the goal of democratizing legal services.
6. S31 Labs: A content creator platform based on AI and symbiotic relationships, facilitating collaborative content editing and handling various forms of materials.
These projects reflect the diverse scope and potential impact of Arweave SCP Ventures within the Arweave ecosystem." |
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