Cointime

Download App
iOS & Android

ScalingX: Advancing the Future of Encryption with ZK

Cointime Official

ScalingX is a global developer community dedicated to advancing Web3 and blockchain technology development, with a specific focus on zero-knowledge proof (ZK) technology. The goal of ScalingX is to promote the adoption of blockchain technology worldwide through education.

ScalingX supports early-stage Web3 startups by providing assistance in talent recruitment, networking, fundraising, project incubation, public relations and brand promotion, and community building. It aims to build a more scalable, transparent, secure, and decentralized future network through these efforts.

Founded by Chichi Hong, who was named among Forbes' 30 Under 30 entrepreneurs, and experienced venture capitalist and entrepreneur Jayden Wei, ScalingX is a collective of Web3 developers, researchers, users, and investors. It seeks to shape the future of decentralized internet through zero-knowledge technology and change the way blockchain development works by leveraging scaling solutions like Rollup.

In terms of activities, ScalingX plans to expand its community and foster the development and growth of blockchain applications through various means, including hosting Twitter Spaces with expert panels and tech-savvy speakers, organizing conferences, hackathons, roadshows, and other online and offline events.

In summary, ScalingX is a passionate developer community committed to creating a more scalable, transparent, secure, and decentralized future network supported by ZK.

Service Introduction

To achieve the ultimate vision of building a more scalable, transparent, secure, and decentralized future network, ScalingX has launched several targeted services in the current stage.

1.     Web3 Developer Community

ScalingX has built a community specifically for Web3 developers, aiming to bring together Web3 builders through this community. The community's core theme is collaborative creation, with a focus on technical professionals.

The community facilitates targeted one-on-one discussions to address common challenges faced by developers, aiming to solve technical difficulties in the Web3 development process and promote the overall positive development of Web3.

2.     Cryptocurrency Investment

ScalingX has a dedicated team for cryptocurrency project investment and research, with members located in countries and regions such as Silicon Valley, Singapore, and Australia. The team aims to bridge the Web3 ecosystems between the East and the West through its distributed structure.

ScalingX's limited partners and partners include leading global cryptocurrency exchanges and renowned infrastructure in the cryptocurrency industry. They provide end-to-end support for Web3 builders, ranging from marketing, community relations, to engineering and ecosystem development.

3.     Online and Offline Events

ScalingX aims to spread the key knowledge and core principles of Web3 through various online and offline events, including meetups, hackathons, and more. In their plans, they will host meetups worldwide on a monthly basis, covering locations such as Sydney, Melbourne, Singapore, New York City, Silicon Valley, and other countries and regions.

Each meetup brings together developers, researchers, and experts from the field. Additionally, ScalingX plans to organize 4-5 large-scale hackathons annually, attracting more developers into the Web3 ecosystem.

4.     Dapp Incubator

The Dapp Incubator program is dedicated to providing tailored one-on-one support for exceptional early-stage Web3 projects across six key modules: product design and strategy, token economics, governance, technical guidance, community building, and fundraising. This support is provided through communication with experienced professionals in the cryptocurrency field, as well as workshops and other activities.

Conclusion

The path of Web3 development is challenging and full of obstacles, whether for young entrepreneurs starting their careers or individuals seeking a transition from the Web2 world to Web3. In the current landscape, most people are left to face these challenges alone.

To address this situation, global developer communities like ScalingX have emerged. While they may not generate immediate economic value, they play the role of guides, gradually enabling the Web3 ecosystem to flourish. In this context, we can eagerly anticipate the future development of Web3.

Comments

All Comments

Recommended for you

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,049.83, with a 24-hour increase of 0.04%. The market is experiencing significant volatility, so please ensure proper risk management.

  • DeepSeek-V4 Preview Version Officially Launched and Open-Sourced

    On April 24, DeepSeek announced via its official WeChat account that the preview version of the new model series DeepSeek-V4 is officially online and open-sourced. DeepSeek-V4 features a million-word ultra-long context and leads in agent capabilities, world knowledge, and reasoning performance in both domestic and open-source fields. The model is available in two versions based on size. Starting today, users can log in to the official website chat.deepseek.com or the official app to interact with the latest DeepSeek-V4 and explore the new experience of 1M ultra-long context memory. The API service has also been updated; by changing the model_name to deepseek-v4-pro or deepseek-v4-flash, users can access it.

  • Intel CEO: Semiconductor Potential Market Size Approaching $1 Trillion

    On April 24, local time, after the U.S. stock market closed on April 23, Intel officially released its Q1 fiscal year 2026 financial report and held an earnings call. The company delivered its sixth consecutive quarter of better-than-expected results, with revenue, gross margin, and earnings per share all surpassing guidance. The AI business has become the core growth engine, with a surge in demand for server CPUs and advancements in advanced processes and packaging exceeding expectations. Following this financial report, Intel's stock price surged nearly 20% in after-hours trading. During the earnings call, Intel CEO Pat Gelsinger stated that despite continuous improvements in factory capacity, demand across all business segments remains higher than supply, particularly for Xeon server CPUs, which are expected to maintain strong growth momentum over the next two years. Gelsinger also noted, 'In recent years, the focus in high-performance computing has been almost entirely on graphics processors and other accelerators. In recent months, clear signs have shown that central processing units are becoming an indispensable foundation in the era of artificial intelligence.' Looking at the overall market, Gelsinger anticipates that driven by explosive growth in AI demand, the overall potential market size of the semiconductor industry is approaching $1 trillion. However, Intel's management also warned that the company still faces multiple pressures, including declining demand in the PC market, rising costs, expanding capital expenditures, and supply constraints. (Dongxin News Agency)

  • Trump: U.S. to Soon Capture Nearly 50% of Chip Market

    On April 24, U.S. President Trump declared on the 23rd that the United States will soon capture nearly 50% of the chip market, warning that chip companies that do not manufacture in the U.S. will face very high tariffs in a year and a half to two years. U.S. Secretary of Commerce Gina Raimondo stated that the U.S. previously held only 3% to 4% of the chip market while having the largest demand for chips. Under Trump's directive, the U.S. is requiring semiconductor fabs to return to domestic production, with expectations that fabs worth $1 trillion will come to the U.S. Raimondo emphasized that this is not about tech giants purchasing chips, but rather about chip manufacturing. She mentioned commitments from Micron Technology to invest $200 billion and TSMC to invest $165 billion, along with $500 billion in funds from Taiwan expected to flow into the U.S. Raimondo also indicated during a congressional hearing on the 23rd that investments in the U.S. semiconductor industry during Trump's term are expected to reach $1 trillion. (Dongxin News Agency)

  • MetaPlanet Issues Zero-Coupon Bonds Worth 8 Billion Yen to Increase Bitcoin Holdings

    On April 24, according to market news: Japan's Bitcoin treasury company MetaPlanet issued zero-coupon ordinary bonds worth 8 billion yen (approximately 53 million USD), with 100% of the raised funds allocated to increasing Bitcoin holdings, continuing the 'Japanese version of MicroStrategy' aggressive coin acquisition strategy.

  • Trump to Speak at Cryptocurrency Conference in Florida on Saturday

    April 24, White House, USA: Trump will speak at a cryptocurrency conference in Florida on Saturday. (Jin Shi)

  • Deepseek Official Website Releases deepseek-v4 API Documentation

    On April 24, Deepseek's official website launched the deepseek-v4 API and model introduction, including deepseek-v4-flash and deepseek-v4-pro. (Jinshi)

  • US Spot Bitcoin ETF Sees Net Inflow of $223.16 Million Yesterday

    On April 24, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net inflow of $223.16 million yesterday.

  • Trump States He Will Not Use Nuclear Weapons Against Iran

    On April 24, according to CCTV International News, during an event at the White House on the afternoon of April 23, U.S. President Trump told the media that he could reach an agreement with Iran right now, but he wants the agreement to be 'permanent,' ensuring that Iran never has the chance to possess nuclear weapons. Therefore, he does not want to rush. Trump stated, 'There is plenty of time,' 'there is absolutely no pressure,' and 'the real pressure is on Iran,' which is unable to restore oil transportation under U.S. maritime blockade. He added that if Iran does not want to reach an agreement, he would 'complete the remaining tasks through military means.' When asked if he would consider using nuclear weapons against Iran, Trump replied, 'No,' and stated that even without launching a nuclear strike, the U.S. has already 'completely destroyed' Iran. When pressed by reporters on why the conflict was not resolved within the initially stated 4 to 6 weeks, Trump repeatedly mentioned that the U.S. fought in the Vietnam War for 18 years, and claimed that the U.S. had actually 'militarily taken down Iran' within 6 weeks; now it is just a matter of 'both sides taking a break.' (Dongxin News Agency)

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.