<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[sqrDAO's Blog]]></title><description><![CDATA[Web3 Buildooors Unite!]]></description><link>https://blog.sqrdao.com</link><image><url>https://substackcdn.com/image/fetch/$s_!19PD!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1eff16c-b1f3-4233-a4ae-7edd157ebabb_319x319.png</url><title>sqrDAO&apos;s Blog</title><link>https://blog.sqrdao.com</link></image><generator>Substack</generator><lastBuildDate>Sun, 19 Apr 2026 00:34:46 GMT</lastBuildDate><atom:link href="https://blog.sqrdao.com/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[sqrDAO Company Limited]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[gm@sqrdao.com]]></webMaster><itunes:owner><itunes:email><![CDATA[gm@sqrdao.com]]></itunes:email><itunes:name><![CDATA[Long "Leo" Pham]]></itunes:name></itunes:owner><itunes:author><![CDATA[Long "Leo" Pham]]></itunes:author><googleplay:owner><![CDATA[gm@sqrdao.com]]></googleplay:owner><googleplay:email><![CDATA[gm@sqrdao.com]]></googleplay:email><googleplay:author><![CDATA[Long "Leo" Pham]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[Episode 2: Lynn Nguyen (ex-CEO, Saros | ex-COO, Cube Exchange)]]></title><description><![CDATA[In the second episode of Web3 Builders&#8217; Voice, we sit down with Lynn Nguyen to discuss the operational &#8220;post-mortem&#8221; of the FTX collapse, the psychological moats required to survive a bear market, and her vision for the next wave of global products coming out of Vietnam.]]></description><link>https://blog.sqrdao.com/p/episode-2-lynn-nguyen-ex-ceo-saros</link><guid isPermaLink="false">https://blog.sqrdao.com/p/episode-2-lynn-nguyen-ex-ceo-saros</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Wed, 01 Apr 2026 03:01:03 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/192571933/d5d0e356b55ceba1350283665f19935f.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>In the second episode of <strong>Web3 Builders&#8217; Voice</strong>, we sit down with Lynn Nguyen to discuss the operational &#8220;post-mortem&#8221; of the FTX collapse, the psychological moats required to survive a bear market, and her vision for the next wave of global products coming out of Vietnam.</p><p>(<em>Note</em>: The podcast was recorded when Lynn was still CEO. She has since left Saros.)</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!1Ou9!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!1Ou9!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 424w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 848w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!1Ou9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg" width="1344" height="756" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:756,&quot;width&quot;:1344,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:187740,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://blog.sqrdao.com/i/192571933?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!1Ou9!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 424w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 848w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!1Ou9!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f7799f4-f10c-4fc1-a9d2-16dc5ce6270c_1344x756.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><h3><strong>Who is Lynn?</strong></h3><p>Lynn is a veteran in crypto operations, having navigated some of the industry&#8217;s most turbulent waters from the inside. With a professional pedigree that includes senior leadership roles at <strong>FalconX</strong> and <strong>FTX US</strong>, Lynn has managed the complex friction between traditional institutional standards and the frontier of decentralized finance. Today, she stands as a mentor and strategic advisor, championing a shift toward &#8220;stakeholder capitalism&#8221; and long-term building.</p><div><hr></div><h3><strong>The FTX &#8220;Movie&#8221;: A Lesson in Operational Resiliency</strong></h3><p>Lynn describes the collapse of FTX as &#8220;almost like a movie,&#8221; highlighting a culture of intense focus and betrayal. While the world saw the headlines, Lynn saw a team working day and night, often at the expense of their own interests.</p><ul><li><p><strong>The Sacrifice:</strong> During the asset extraction chaos, many team members were so focused on assisting users that they forgot to withdraw their own funds.</p></li><li><p><strong>The &#8220;Boring&#8221; Moats:</strong> Her experience reinforced that the most resilient companies aren&#8217;t built on hype, but on &#8220;boring&#8221; pillars: rigorous accounting, legal compliance, and internal governance.</p></li><li><p><strong>The Fallout:</strong> Lynn emphasizes that while money can be remade, the lessons on who to trust&#8212;and who not to&#8212;are the most valuable assets she carried out of that period.</p></li></ul><div><hr></div><h3><strong>Health as the Ultimate Asset</strong></h3><p>A core theme of this episode is the necessity of balance in an industry that never sleeps. Lynn argues that for any builder, physical and mental health is the only asset that truly guarantees a second chance in the market.</p><ul><li><p><strong>The 2 AM Grind:</strong> Lynn recalls the transition from an 8-hour TradFi day to a 16-hour crypto day, admitting she often questioned why she was putting herself through it.</p></li><li><p><strong>The Disconnect:</strong> She encourages builders to &#8220;stay balanced and out of the bubble&#8221; by engaging in non-crypto routines.</p></li><li><p><strong>Physical Discipline:</strong> For Lynn, this means high-intensity spin classes (&#8221;going to the club without the alcohol&#8221;) and weightlifting to clear the mind.</p></li></ul><div><hr></div><h3><strong>The Vision for Vietnamese Builders</strong></h3><p>As a leader in the Vietnamese tech community, Lynn is pushing for a transition from &#8220;outsource shops&#8221; to &#8220;world-class product builders&#8221;.</p><ul><li><p><strong>Beyond Copy-Paste:</strong> She critiques the &#8220;copy-paste&#8221; culture, noting that users will rarely switch to a product that is only marginally better than an established giant.</p></li><li><p><strong>Long-Term Stakes:</strong> She challenges founders to look beyond the &#8220;short-term game&#8221; and focus on building for multi-cycle longevity.</p></li><li><p><strong>Global Benchmarks:</strong> Pointing to success stories like <strong>Kyber Network</strong> and <strong>Axie Infinity</strong>, Lynn believes Vietnam has the talent to lead the &#8220;Open Metaverse&#8221; if builders prioritize original problem-solving over quick narratives.</p></li></ul><div><hr></div><h3><strong>Watch the full interview below:</strong></h3><div id="youtube2-4OUY4_4vP7s" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;4OUY4_4vP7s&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM"><div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/4OUY4_4vP7s?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe></div></div><h3><strong>Connect with Lynn:</strong></h3><ul><li><p><strong>X (Twitter):</strong> <a href="https://x.com/LynnWWins">@LynnWWins</a></p></li></ul><div><hr></div><h3><strong>Join the Conversation</strong></h3><p>We are building this platform for <strong>you</strong>&#8212;the builders, the dreamers, and the executors of the decentralized future. Your support helps us bring more world-class guests like Sebastien to the show.</p><p><strong>We Want Your Feedback:</strong> This is Episode #1, and we want to get better. Who should we interview next? What topics do you want us to demystify?</p><p><strong>Drop a comment below or reply to this email&#8212;we read every single one.</strong></p><p>LFBUIDL</p><p>sqrDAO Team</p>]]></content:encoded></item><item><title><![CDATA[🛠️ EMpower Founders Residency: Ship, Scale, and Secure Capital]]></title><description><![CDATA[Why the future of Web3 is being built in Da Nang this May: &#127483;&#127475; Scale in Paradise + 0% Equity Residency for Ethereum-focused Founders.]]></description><link>https://blog.sqrdao.com/p/empower-founders-residency-ship-scale</link><guid isPermaLink="false">https://blog.sqrdao.com/p/empower-founders-residency-ship-scale</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Wed, 04 Mar 2026 03:00:31 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!e1NV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!e1NV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!e1NV!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 424w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 848w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 1272w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!e1NV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png" width="1200" height="628" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:628,&quot;width&quot;:1200,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:456022,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://blog.sqrdao.com/i/189661617?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!e1NV!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 424w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 848w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 1272w, https://substackcdn.com/image/fetch/$s_!e1NV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62b87c0e-84dc-420b-bd73-628903d13df0_1200x628.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>The center of gravity for on-chain innovation is shifting. While the West debates regulation, Southeast Asia is busy building the infrastructure for the next billion users.</p><p>Today, we aren't just announcing a residency; we&#8217;re planting a flag in Da Nang for the Ethereum ecosystem. In partnership with <strong>Lisk Ventures</strong> and <strong>sqrDAO</strong>, we&#8217;re opening the gates to a high-intensity, zero-equity launchpad for the founders who are actually shipping the future</p><h3><strong>The Shift to Southeast Asia</strong></h3><p>Southeast Asia has quietly become one of the most dense hubs for on-chain innovation globally. From high mobile-first adoption to a relentless builder culture, the region is no longer &#8220;emerging&#8221;&#8212;it is leading.</p><p>This May, <strong>Lisk Ventures</strong> and <strong>sqrDAO</strong> are doubling down on this momentum. We are officially opening applications for the <strong>EMpower Founders Residency in Da Nang, Vietnam.</strong></p><p>We aren&#8217;t looking for &#8220;ideas.&#8221; We are looking for 15 growth-stage Ethereum founders who have already found traction and are ready to scale their impact globally.</p><div><hr></div><h3><strong>&#127909; Watch: The Residency Vision</strong></h3><div id="youtube2-MzlJx8q0f6s" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;MzlJx8q0f6s&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM"><div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/MzlJx8q0f6s?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe></div></div><div><hr></div><h3><strong>The &#8220;Equity-Free&#8221; Advantage</strong></h3><p>In a market where capital often comes with heavy strings attached, the EMpower Residency offers a different path. We provide the infrastructure, the network, and the luxury accommodation&#8212;<strong>without touching your cap table.</strong></p><p><strong>What&#8217;s included:</strong></p><ul><li><p><strong>&#128205; 3 Weeks of Strategic Execution:</strong> Live and build alongside 14 other elite founders in a private villa in Da Nang (Fully funded by Lisk).</p></li><li><p><strong>&#128205; Institutional Access:</strong> A dedicated pitch slot at <strong>DAVAS 2026</strong> and the <strong>Web3 Builder Summit</strong> in front of over 200+ VCs.</p></li><li><p><strong>&#128205; Hands-on Mentorship:</strong> Direct access to ecosystem leaders to help you ship, scale, and navigate the complexities of global expansion.</p></li></ul><div><hr></div><h3><strong>Are You the Right Fit?</strong></h3><p>We are highly selective, focusing on teams that are ready to move from &#8220;Minimum Viable Product&#8221; to &#8220;Global Standard.&#8221;</p><ol><li><p><strong>Network:</strong> You are building within the <strong>Ethereum ecosystem</strong>.</p></li><li><p><strong>Stage:</strong> You are a <strong>growth-stage founder</strong> with a working product and real-world traction.</p></li><li><p><strong>Commitment:</strong> You are able to relocate to <strong>Da Nang</strong> for 3 weeks (<strong>May 4 &#8211; May 30</strong>).</p></li></ol><div><hr></div><h3><strong>The Timeline</strong></h3><ul><li><p><strong>Applications Close:</strong> April 2</p></li><li><p><strong>Cohort Announcement:</strong> April 14</p></li><li><p><strong>Residency Dates:</strong> May 4 - May 30</p></li></ul><p><strong>The future of Web3 won&#8217;t wait for the next bull run. It&#8217;s being built now, in the villas of Da Nang. Are you coming?</strong></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.web3foundersresidency.com/&quot;,&quot;text&quot;:&quot;APPLY TODAY&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://www.web3foundersresidency.com/"><span>APPLY TODAY</span></a></p><p>LFBUIDL,</p><p>sqrDAO &amp; Lisk Ventures</p>]]></content:encoded></item><item><title><![CDATA[Da Nang’s Dual Engine: Linking the Blockchain Hub to the International Financial Center (VIFC)]]></title><description><![CDATA[In February 2026, DISSC and sqrDAO entered into a strategic partnership that sets the stage for Da Nang's evolution into a global digital powerhouse.]]></description><link>https://blog.sqrdao.com/p/da-nangs-dual-engine-linking-the</link><guid isPermaLink="false">https://blog.sqrdao.com/p/da-nangs-dual-engine-linking-the</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Thu, 05 Feb 2026 03:00:28 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!64gb!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!64gb!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!64gb!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 424w, https://substackcdn.com/image/fetch/$s_!64gb!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 848w, https://substackcdn.com/image/fetch/$s_!64gb!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 1272w, https://substackcdn.com/image/fetch/$s_!64gb!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!64gb!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png" width="1456" height="1048" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1048,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:193625,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://blog.sqrdao.com/i/186825044?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!64gb!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 424w, https://substackcdn.com/image/fetch/$s_!64gb!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 848w, https://substackcdn.com/image/fetch/$s_!64gb!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 1272w, https://substackcdn.com/image/fetch/$s_!64gb!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F06e1808e-1f2e-4017-94db-037027d9bb5a_2912x2096.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>In February 2026, <strong>Da Nang Innovation Startup Support Center</strong> (<strong>DISSC)</strong> and <strong>sqrDAO</strong> entered into a strategic partnership that sets the stage for Da Nang&#8217;s evolution into a global digital powerhouse. Signed by <strong>Mr. Vo Duc Anh</strong> from DISSC and our founder <strong>Long &#8220;Leo&#8221; Pham (Castelian)</strong> under the witness of Da Nang city leaders, this MOU is a direct response to Da Nang&#8217;s ambitious vision to enter the <strong>Global Top 300 startup ecosystems</strong>.</p><h3><strong>The Road to 2030: A Vision for Global Leadership</strong></h3><p>The partnership between <strong>sqrDAO</strong> and <strong>DISSC</strong> is not an isolated initiative; it is a critical engine driving Da Nang&#8217;s long-term transformation. As highlighted in recent reports by <em><a href="https://baodanang.vn/da-nang-phan-dau-co-ky-lan-cong-nghe-va-vao-top-300-he-sinh-thai-khoi-nghiep-toan-cau-3322917.html?zarsrc=30&amp;utm_source=zalo&amp;utm_medium=zalo&amp;utm_campaign=zalo">B&#225;o &#272;&#224; N&#7861;ng</a></em>, the city is striving to enter the <strong>Global Top 300 startup ecosystems</strong> and foster its first <strong>tech unicorn</strong> by 2030. This ambition is anchored in a robust legal and strategic framework, including <strong>Resolution No. 43-NQ/TW</strong> of the Politburo on the development of Da Nang and the <strong>&#8220;Da Nang - Innovation City&#8221;</strong> scheme.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!JLMK!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe5f4c261-9380-49c8-8882-22048aa24517_1920x1398.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!JLMK!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe5f4c261-9380-49c8-8882-22048aa24517_1920x1398.jpeg 424w, 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class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><h3><strong>Building the Pillars of a &#8220;Unicorn&#8221; Ecosystem</strong></h3><p>To reach these milestones, the <strong>sqrDAO x DISSC</strong> partnership focuses on three essential catalysts:</p><ul><li><p><strong>Global Talent &amp; Capacity Building:</strong></p><ul><li><p>We are coordinating large-scale training programs, workshops, and hackathons specifically focused on <strong>Blockchain, Web3, and Fintech</strong>.</p></li><li><p>These initiatives target not only startup founders but also management agencies, universities, and incubators to ensure a unified, high-tech workforce.</p></li></ul></li><li><p><strong>Strategic Tools &amp; Policy Innovation:</strong></p><ul><li><p>sqrDAO provides specialized <strong>strategic consulting</strong> on data, technology, and Web3 policies.</p></li><li><p>This ensures that Da Nang&#8217;s regulatory environment acts as a &#8220;Sandbox,&#8221; allowing frontier technologies to integrate seamlessly with the city&#8217;s digital infrastructure.</p></li></ul></li><li><p><strong>Community &amp; Capital Integration:</strong></p><ul><li><p>By co-organizing national and international events such as <strong>DAVAS</strong> and the <strong>Web3 Builders&#8217; Summit</strong>, we are placing Da Nang on the global investment map.</p></li><li><p>We are actively facilitating <strong>fundraising and market development</strong> activities to connect local startups with the global capital flowing into the city.</p></li></ul></li></ul><h3><strong>Powering the International Financial Center (IFC)</strong></h3><p>As the <strong>Da Nang International Financial Center (VIFC)</strong> (&#128279; <a href="https://vifcdanang.vn/">vifcdanang.vn</a>) grows, it requires a sophisticated technological backbone to compete on a global scale. The <strong>Da Nang Blockchain Hub</strong> serves as this decentralized engine.</p><p>By fostering a world-class ecosystem of builders and innovators, we are ensuring that the IFC is not just a hub for traditional finance, but a leader in the next generation of digital assets and decentralized financial services. The talent and tools developed through this partnership will provide the liquidity, security, and innovation necessary to sustain a multi-billion dollar financial hub.</p><div><hr></div><p><strong>The &#8220;Silicon Beach&#8221; of Vietnam is calling!</strong></p><p>If you&#8217;re building in Web3 and Blockchain, then Da Nang Blockchain Hub is your gateway. Follow us for upcoming event announcements! &#128640;&#128293;</p><ul><li><p><strong>Website:</strong> <a href="https://www.danangblockchainhub.com/">danangblockchainhub.com</a></p></li><li><p><strong>Blog:</strong> <a href="https://blog.sqrdao.com/">blog.sqrdao.com</a></p></li></ul><p><strong>Join us at our next curated event:</strong></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://luma.com/sqrdao-events&quot;,&quot;text&quot;:&quot;Join Our Next Events&quot;,&quot;action&quot;:null,&quot;class&quot;:&quot;button-wrapper&quot;}" data-component-name="ButtonCreateButton"><a class="button primary button-wrapper" href="https://luma.com/sqrdao-events"><span>Join Our Next Events</span></a></p><p><em>Keep BUIDL-ing,</em><br><strong>sqrDAO Team</strong></p>]]></content:encoded></item><item><title><![CDATA[Episode 1: Sébastien Borget (Co-founder, The Sandbox)]]></title><description><![CDATA[From BitTorrent to The Sandbox: S&#233;bastien Borget joins us for our inaugural episode to reveal the vision behind SANDchain and why execution beats ideas every time.]]></description><link>https://blog.sqrdao.com/p/episode-1-sebastien-borget-co-founder</link><guid isPermaLink="false">https://blog.sqrdao.com/p/episode-1-sebastien-borget-co-founder</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Wed, 28 Jan 2026 03:00:25 GMT</pubDate><enclosure url="https://api.substack.com/feed/podcast/185820399/226e97a8d84b68945143a215ae87ee6f.mp3" length="0" type="audio/mpeg"/><content:encoded><![CDATA[<p>Welcome to the very first episode of the <strong>Web3 Builders&#8217; Voice Podcast</strong>. For our debut, we couldn&#8217;t have asked for a more influential guest.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!DEPg!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!DEPg!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 424w, https://substackcdn.com/image/fetch/$s_!DEPg!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 848w, 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srcset="https://substackcdn.com/image/fetch/$s_!DEPg!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 424w, https://substackcdn.com/image/fetch/$s_!DEPg!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 848w, https://substackcdn.com/image/fetch/$s_!DEPg!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 1272w, https://substackcdn.com/image/fetch/$s_!DEPg!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa134a509-a88f-4212-a9d7-1eb8d143ec99_1920x1080.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p><strong>S&#233;bastien Borget, </strong>the Co-Founder and Ambassador of <strong>The Sandbox</strong> and President of the <strong>Blockchain Game Alliance</strong>, has been at the forefront of digital ownership long before &#8220;Metaverse&#8221; was a household name. In this candid conversation with our founder, Leo (Castelian), S&#233;bastien takes us behind the scenes of his 15-year journey, from the early days of peer-to-peer technology to building a virtual world that has onboarded millions.</p><p>We don&#8217;t just talk about the past. S&#233;bastien gives us an exclusive look at <strong>SANDchain</strong>, the new Layer 2 backbone for the creator economy, and shares his &#8220;battle-tested&#8221; advice for founders navigating the current market headwinds.</p><p><strong>In this episode, we cover:</strong></p><ul><li><p><strong>The Origin Story:</strong> How BitTorrent and P2P shaped S&#233;bastien&#8217;s view on decentralization [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=139">02:19</a>].</p></li><li><p><strong>The Pivot to Web3:</strong> Why The Sandbox moved from a 40M-download Web2 game to the blockchain [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=313">05:13</a>].</p></li><li><p><strong>SANDchain Revealed:</strong> The future of the &#8220;Culture-Driven&#8221; L2 and empowering the next generation of creators [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=788">13:08</a>].</p></li><li><p><strong>The Reality of Web3 Gaming:</strong> Addressing the &#8220;80% failure rate&#8221; and what it takes to survive [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=1382">23:02</a>].</p></li><li><p><strong>Leadership Under Fire:</strong> How S&#233;bastien handles industry rumors and the hard decisions behind buying back publishers [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=1602">26:42</a>].</p></li><li><p><strong>The Builder&#8217;s Playbook:</strong> Why you must be a &#8220;power user&#8221; of the tech you build [<a href="http://www.youtube.com/watch?v=AUgGn5ybmtg&amp;t=2212">36:52</a>].</p></li></ul><p>Whether you are a developer in Vietnam looking to transition to Web3 or a creator curious about the future of digital real estate, this episode is your masterclass in persistence and vision.</p><p><strong>You can also watch the full episode on Youtube:</strong></p><div id="youtube2-AUgGn5ybmtg" class="youtube-wrap" data-attrs="{&quot;videoId&quot;:&quot;AUgGn5ybmtg&quot;,&quot;startTime&quot;:null,&quot;endTime&quot;:null}" data-component-name="Youtube2ToDOM"><div class="youtube-inner"><iframe src="https://www.youtube-nocookie.com/embed/AUgGn5ybmtg?rel=0&amp;autoplay=0&amp;showinfo=0&amp;enablejsapi=0" frameborder="0" loading="lazy" gesture="media" allow="autoplay; fullscreen" allowautoplay="true" allowfullscreen="true" width="728" height="409"></iframe></div></div><h3><strong>Join the Conversation</strong></h3><p>We are building this platform for <strong>you</strong>&#8212;the builders, the dreamers, and the executors of the decentralized future. Your support helps us bring more world-class guests like Sebastien to the show.</p><p><strong>We Want Your Feedback:</strong> This is Episode #1, and we want to get better. Who should we interview next? What topics do you want us to demystify?</p><p><strong>Drop a comment below or reply to this email&#8212;we read every single one.</strong></p><p>LFBUIDL</p><p>sqrDAO Team</p>]]></content:encoded></item><item><title><![CDATA[The Evolution of sqrDAO: Why We Are Building sqrNODE]]></title><description><![CDATA[From Proof of Build to Network Consensus]]></description><link>https://blog.sqrdao.com/p/the-evolution-of-sqrdao-why-we-are</link><guid isPermaLink="false">https://blog.sqrdao.com/p/the-evolution-of-sqrdao-why-we-are</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Fri, 23 Jan 2026 03:00:25 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!4EPq!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>GM Builders,</p><p>At <strong>sqrDAO</strong>, our mission has always been anchored in &#8220;Proof of Build.&#8221; We believe that the strongest ecosystems aren&#8217;t just bought; they are engineered. As we move into 2026, the landscape of decentralized finance demands more than just participation&#8212;it demands <strong>conviction through infrastructure.</strong></p><p>Today, we are officially introducing <strong>sqrNODE</strong>: a strategic expansion of the sqrDAO ecosystem designed to secure the networks we believe in while building a sustainable treasury for our future.</p><h3>Beyond Hardware: Turning Conviction into Consensus</h3><p>sqrNODE isn&#8217;t just a collection of servers. It is the physical manifestation of our belief in decentralized networks. By operating high-performance nodes, we are moving from being observers of the web3 revolution to being the very foundation it rests upon.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!4EPq!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!4EPq!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 424w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 848w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!4EPq!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg" width="1456" height="882" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:882,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:160348,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://sqrdao.substack.com/i/185378743?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!4EPq!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 424w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 848w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!4EPq!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58d982b0-7a61-4d06-a690-0e4d5304109c_2048x1241.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Here is how we are securing the frontier:</p><h4>1. Strategic Infrastructure with Meta Pool</h4><p>Sustainability requires long-term commitment. We are now entering our <strong>third month in the NSP #2 (Node Studio 2)</strong> with Meta Pool. This partnership allows us to position sqrDAO at the vanguard of Liquid Staking, ensuring our treasury grows in tandem with the protocols we support.</p><h4>2. Securing the Pharos Network</h4><p>We are honored to join the 4th batch of validators for the Pharos Network. Standing alongside industry leaders like <strong>Nansen, Zellic, Stakely, Kudasai, and Brightly Stake</strong>, sqrNODE is currently active on the Private Mainnet. We are hard at work paving the digital road toward the Public Mainnet launch in the coming months.</p><h4>3. Leading Ethereum&#8217;s Security in Vietnam</h4><p>Our role as the <strong>Lido Finance Lead Representative in Vietnam</strong> remains a cornerstone of our identity. Over the past year, we&#8217;ve taken the technical complexities of the <strong>Lido CSM program</strong> and brought them to the streets of Hanoi and HCMC.</p><p>Through hands-on technical workshops, we are bridging the gap between local talent and global Ethereum security. <strong>IRL education meets on-chain security.</strong></p><div><hr></div><h3>Looking Ahead: The Rooms Worth Being In</h3><p>2026 will be defined by the quality of the signals we follow. At sqrDAO, we are curated by intent. We are building the &#8220;rooms worth being in&#8221;&#8212;spaces where high-level builders and long-term thinkers collaborate to solve the hardest problems in Web3.</p><p>The engine is running. The nodes are live. The conviction is verifiable.</p><p><strong>Join us at our next curated event:</strong></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://luma.com/sqrdao-events&quot;,&quot;text&quot;:&quot;Join Our Next Events&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://luma.com/sqrdao-events"><span>Join Our Next Events</span></a></p><p><em>Stay BUIDL-ing,</em><br><strong>sqrDAO Team</strong></p>]]></content:encoded></item><item><title><![CDATA[From Shipping to Scaling: A Recap of 2025 and the Roadmap for 2026]]></title><description><![CDATA[GM Builders,]]></description><link>https://blog.sqrdao.com/p/from-shipping-to-scaling-a-recap</link><guid isPermaLink="false">https://blog.sqrdao.com/p/from-shipping-to-scaling-a-recap</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Wed, 14 Jan 2026 03:00:41 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!SWdn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p><strong>GM Builders,</strong></p><p>The 2025 season has officially come to a close. Looking back at the past twelve months, it wasn&#8217;t just a series of dates on a calendar&#8212;it was a sequence of pivotal moments that shaped our network, accelerated raw ideas, and fortified the regional Web3 ecosystem.</p><p>From high-energy sports sessions and intimate builders&#8217; dinners to high-stakes BUIDL-athons and global summits, every milestone shared a singular mission: <strong>to help builders ship, connect, and stay in the game.</strong></p><p>As we close this chapter, we&#8217;re taking a moment to analyze the data of our collective growth and pull back the curtain on what&#8217;s coming next.</p><div><hr></div><h3><strong>2025: The Year in Review</strong></h3><p>Our growth in 2025 was fueled by the energy of the community. Here is a snapshot of what we achieved together:</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!SWdn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!SWdn!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 424w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 848w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!SWdn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg" width="1008" height="1280" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1280,&quot;width&quot;:1008,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:228423,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://sqrdao.substack.com/i/184459808?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!SWdn!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 424w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 848w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!SWdn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9904cba5-a482-4e26-8ebf-6d3e98da5122_1008x1280.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p><strong>The bottom line:</strong> If you were in these rooms, you felt the momentum. If you weren&#8217;t, the results of the next cycle will speak for themselves.</p><div><hr></div><h3><strong>2026: Access, Depth, and Compounding Advantage</strong></h3><p>Our strategy for 2026 isn&#8217;t about &#8220;doing more.&#8221; It&#8217;s about <strong>leverage</strong>. We are moving away from the noise and doubling down on high-signal environments. Here is what you can expect:</p><ul><li><p><strong>sqrBUIDL Founders Residencies:</strong> This is our flagship initiative. We are moving toward small cohorts, providing real capital, elite mentorship, and the kind of execution pressure required to build unicorns.</p></li><li><p><strong>Web3 Builders&#8217; Voice:</strong> A new series of deep-dive conversations. No fluff&#8212;just systems, trade-offs, and the hard lessons that usually take years (and significant capital) to learn.</p></li><li><p><strong>Web3 Builders&#8217; Dinners:</strong> Curated, invite-only environments. These are the rooms where the most significant outcomes move before the announcements ever hit the public.</p></li><li><p><strong>Web3 Builders&#8217; Summit: LFBUIDL 2026:</strong> A tighter, more globally-integrated summit. We are bringing the world&#8217;s leading foundations and protocols directly to the doorsteps of Vietnamese builders.</p></li></ul><h3><strong>The Road Ahead</strong></h3><p>This journey isn&#8217;t for everyone. It is for the builders who value substance over hype and compounding returns over quick wins. 2025 is wrapped, but 2026 is already loading.</p><p>If you are building for the long run, stay close. The rooms worth being in are being prepared.</p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://luma.com/sqrdao-events&quot;,&quot;text&quot;:&quot;Join Us&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://luma.com/sqrdao-events"><span>Join Us</span></a></p><div><hr></div><p><strong>LFBUIDL</strong></p><p>sqrDAO Team</p>]]></content:encoded></item><item><title><![CDATA[sqrDAO and AWS Web3 APAC Join Forces to Empower Southeast Asian Web3 Builders]]></title><description><![CDATA[The Web3 landscape is rapidly evolving, and fostering a vibrant community driven by innovation and collaboration is crucial for its success.]]></description><link>https://blog.sqrdao.com/p/sqrdao-and-aws-web3-apac-join-forces</link><guid isPermaLink="false">https://blog.sqrdao.com/p/sqrdao-and-aws-web3-apac-join-forces</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Fri, 28 Jun 2024 02:30:08 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!PbAn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!PbAn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!PbAn!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 424w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 848w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!PbAn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg" width="1280" height="719" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/a7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:719,&quot;width&quot;:1280,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:59593,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!PbAn!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 424w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 848w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!PbAn!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7b9badf-5cf0-428c-9a51-220ffa2447b2_1280x719.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>The Web3 landscape is rapidly evolving, and fostering a vibrant community driven by innovation and collaboration is crucial for its success. Recognizing this, sqrDAO and AWS Web3 APAC are thrilled to announce a strategic partnership in 2024. This collaboration signifies both organizations' commitment to empowering individuals within the Web3 space across Southeast Asia.</p><p>Through a series of exciting initiatives, sqrDAO and AWS Web3 APAC will provide a platform for knowledge exchange, collaboration, and networking. Get ready to participate in:</p><ul><li><p><strong>Monthly Web3 Builders' Dinners/Breakfasts:</strong> Connect with fellow enthusiasts, builders, and professionals in a casual setting.</p></li><li><p><strong>Joint Technical Workshops:</strong> Deepen your expertise alongside industry experts from leading blockchain firms and foundations. Workshops will cover a range of multi-chain technical topics.</p></li><li><p><strong>Builder-Driven Meetups:</strong> Share ideas, showcase projects, and forge connections at these community-driven gatherings.</p></li></ul><p><strong>Our Shared Goal: A Thriving Southeast Asian Web3 Ecosystem</strong></p><p>By creating a platform for knowledge sharing and collaboration, AWS Web3 APAC and sqrDAO aim to equip individuals with the tools and resources they need to navigate the ever-evolving Web3 landscape. This partnership will ultimately contribute to the growth and development of a robust Web3 community across Vietnam and Southeast Asia.</p><p><strong>Don't Miss Out! Join the Movement</strong></p><p>Stay tuned for specific event announcements and registration details by following sqrDAO's Luma calendar:<a href="https://lu.ma/sqrdao-events">https://lu.ma/sqrdao-events</a>.</p><p>We're excited to embark on this journey with you and build a stronger, more connected Web3 community in Southeast Asia. Let's build the future together!</p>]]></content:encoded></item><item><title><![CDATA[An Overview on Vietnam’s Cryptocurrency Market, Part 2]]></title><description><![CDATA[Read Part 1 here: 3. NFT & GameFi Leading the Trends Built upon the rising adoption of cryptocurrency as well as a strong tech talent base, Vietnam has seen the skyrocketing launch and growth of some of the best and brightest projects in Web3, particularly among NFT & GameFi.]]></description><link>https://blog.sqrdao.com/p/an-overview-on-vietnams-cryptocurrency-87f</link><guid isPermaLink="false">https://blog.sqrdao.com/p/an-overview-on-vietnams-cryptocurrency-87f</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Tue, 12 Apr 2022 16:22:05 GMT</pubDate><enclosure url="https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/64a02b24-ca89-4c2b-a800-322b2cc189b6_3840x2160.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Read Part 1 here: </p><div class="embedded-post-wrap" data-attrs="{&quot;id&quot;:49920281,&quot;url&quot;:&quot;https://rmdao.substack.com/p/an-overview-on-vietnams-cryptocurrency&quot;,&quot;publication_id&quot;:790299,&quot;publication_name&quot;:&quot;RainmakerDAO&quot;,&quot;publication_logo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png&quot;,&quot;title&quot;:&quot;An Overview on Vietnam&#8217;s Cryptocurrency Market, Part 1&quot;,&quot;truncated_body_text&quot;:&quot;Source: Kyros Ventures, Vietnam Cryptocurrency Market Report 2021 1. Macroeconomic Overview Since opening up again to the global market in the early 1990s, starting with the Reformation movement kickstarted by the government, Vietnam has experienced steady economic growth. Despite certain periods of economic struggles due to global depressions, Vietnam ha&#8230;&quot;,&quot;date&quot;:&quot;2022-03-08T06:22:51.007Z&quot;,&quot;like_count&quot;:1,&quot;comment_count&quot;:0,&quot;bylines&quot;:[{&quot;id&quot;:3278552,&quot;name&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;photo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/5a0ac32f-aad0-4925-a7ed-b0e4b47000e2_144x144.png&quot;,&quot;bio&quot;:&quot;ex-VC | web3 amateur&quot;,&quot;profile_set_up_at&quot;:&quot;2022-03-08T07:26:07.912Z&quot;,&quot;publicationUsers&quot;:[{&quot;id&quot;:679085,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:743267,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:743267,&quot;name&quot;:&quot;Leo's Thoughts&quot;,&quot;subdomain&quot;:&quot;longleopham&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;random thoughts about web3 and stuff&quot;,&quot;logo_url&quot;:null,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#45D800&quot;,&quot;created_at&quot;:&quot;2022-02-10T07:34:29.848Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}},{&quot;id&quot;:727753,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:790299,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:790299,&quot;name&quot;:&quot;RainmakerDAO&quot;,&quot;subdomain&quot;:&quot;rmdao&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;All things crypto-investing&quot;,&quot;logo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png&quot;,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#FF9900&quot;,&quot;created_at&quot;:&quot;2022-03-08T06:17:04.028Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}},{&quot;id&quot;:727824,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:790370,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:790370,&quot;name&quot;:&quot;NEBULUS&quot;,&quot;subdomain&quot;:&quot;nebulus&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;Latest updates about Kosmoverse and everything happening on our HQ&quot;,&quot;logo_url&quot;:null,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#2096FF&quot;,&quot;created_at&quot;:&quot;2022-03-08T07:26:53.800Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}}],&quot;is_guest&quot;:false}],&quot;utm_campaign&quot;:null,&quot;belowTheFold&quot;:false,&quot;type&quot;:null,&quot;language&quot;:&quot;en&quot;}" data-component-name="EmbeddedPostToDOM"><a class="embedded-post" native="true" href="https://rmdao.substack.com/p/an-overview-on-vietnams-cryptocurrency?utm_source=substack&amp;utm_campaign=post_embed&amp;utm_medium=web"><div class="embedded-post-header"><img class="embedded-post-publication-logo" src="https://substackcdn.com/image/fetch/$s_!7Vs5!,w_56,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png"><span class="embedded-post-publication-name">RainmakerDAO</span></div><div class="embedded-post-title-wrapper"><div class="embedded-post-title">An Overview on Vietnam&#8217;s Cryptocurrency Market, Part 1</div></div><div class="embedded-post-body">Source: Kyros Ventures, Vietnam Cryptocurrency Market Report 2021 1. Macroeconomic Overview Since opening up again to the global market in the early 1990s, starting with the Reformation movement kickstarted by the government, Vietnam has experienced steady economic growth. Despite certain periods of economic struggles due to global depressions, Vietnam ha&#8230;</div><div class="embedded-post-cta-wrapper"><span class="embedded-post-cta">Read more</span></div><div class="embedded-post-meta">4 years ago &#183; 1 like &#183; Long "Leo" Pham</div></a></div><div><hr></div><p><strong>3. NFT &amp; GameFi Leading the Trends</strong></p><p>Built upon the rising adoption of cryptocurrency as well as a strong tech talent base, Vietnam has seen the skyrocketing launch and growth of some of the best and brightest projects in Web3, particularly among NFT &amp; GameFi.</p><p>Axie Infinity (ticker: AXS) is noticeably the most famous GameFi project that has come out of Vietnam. Per <a href="https://whitepaper.axieinfinity.com/">their whitepaper</a>, Axie Infinity is an NFT game powered by the Ethereum blockchain and described as a cross between CryptoKitties and Pokemon. Launched in 2018 and developed by the gaming studio Sky Mavis, the game has exploded in the past 2 years based on its Play-to-Earn model, which allows users to play the game and trade digital assets that are part of the in-game economy as well as earn from in-game activities. In November 2021, Sky Mavis raised&nbsp;<a href="https://axie.substack.com/p/seriesb">USD 152 million</a>&nbsp;in a Series B round led by venture capital giant Andreessen Horowitz, valuing the blockchain startup at around&nbsp;<a href="https://www.theinformation.com/articles/andreessen-horowitz-values-developer-of-nft-game-axie-infinity-at-3-billion">USD 3 billion</a>. At the time, the game claimed to have over 2 million Daily Active Users (DAUs), USD 2.2 billion trading volume in NFTs, and USD 4.5 billion in total value locked (TVL) on Ronin (AXS&#8217;s Ethereum sidechain).</p><p>The rise of&nbsp;<em>Axie Infinity</em>&nbsp;has led to an inflow of VC funding for other NFT game developers in Vietnam, such as Sipher, which raised&nbsp;<a href="https://medium.com/sipherxyz/sipher-secures-6-8m-in-seed-round-d73cbaf1ab13">USD 6.8 million</a> seed round led by Arrington Capital, Hashed, and Konvoy Ventures last October, and Thetan Arena, a MOBA/battle royale game co-developed by Wolffun Studio and Kardiachain. While Sipher hasn&#8217;t officially launched their gameplay, Thetan Arena has already released their playable version on both PC and mobile App Stores, with significant traction: According to the&nbsp;<a href="https://twitter.com/ThetanArena/status/1472057985988165639">company</a>, at the end of 2021, Thetan Arena has already racked up over 7 million in-game users.</p><blockquote><p>&#8220;Vietnam is one of the most exciting and fast-growing markets in the world today for blockchain adoption. Local communities are realizing the potential impact of this emerging financial system and, in particular, the opportunities in play-to-earn gaming. Ancient8 has built an incredible gateway for the play-to-earn ecosystem as Vietnam&#8217;s largest blockchain gaming build and we&#8217;re excited to partner with them.&#8221; &#8212; <a href="https://www.linkedin.com/in/veradittakit">Paul Veradittakit</a>, Partner at Pantera Capital.</p></blockquote><p>The Play-to-Earn model, pioneered by Axie Infinity, also gave way to the rise of crypto game guilds. Traditionally, a gaming guild is an organized collection or group of gamers that play certain video games together on a regular basis. Crypto game guilds, on the other hand, go beyond that: they seek to become a platform to support new gamers (which they called &#8220;scholars&#8221;) through the necessary funds (usually called &#8220;scholarships&#8221;) and tools to experience a growing roster of Play-to-Earn games, in exchange for a percentage of players&#8217; earnings. While global guilds like Yield Guild Games, Merit Circle, UniX Gaming... have established their brands through early successes, Vietnamese guilds have recently risen to compete with the major players. Vietnamese guild <a href="https://techcrunch.com/2022/01/19/ancient8-secures-4m-in-seed-to-democratize-social-and-financial-access-in-the-metaverse/">Ancient8 raised $4M</a> in January 2022 in a seed round led by&nbsp;<a href="https://www.dcp.capital/">Dragonfly Capital</a>,&nbsp;<a href="https://panteracapital.com/">Pantera Capital</a>,&nbsp;and&nbsp;<a href="https://www.hashed.com/">Hashed</a>.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!VVdi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa16ef902-6e97-4f8c-86bb-4e338a70f4be_3840x2160.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" 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restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 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Other Growing Sectors</strong></p><p>While NFT &amp; GameFi lead the trends, the crypto ecosystem as a whole continues to develop steadily. Chainalysis&#8217; **<strong><a href="https://blog.chainalysis.com/reports/2021-global-crypto-adoption-index/">Global Crypto Adoption Index</a></strong> ranked Vietnam 2nd globally in terms of DeFi adoption. According to the crypto research firm, &#8220;While grassroots&nbsp;<a href="https://forkast.news/headlines/global-crypto-adoption-jumps-vietnam-india/">cryptocurrency adoption</a>&nbsp;generally is highest in emerging markets, DeFi adoption is strongest in high-income countries that already had substantial cryptocurrency usage, especially amongst traders and institutional investors.&#8221;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!o8vT!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd225e4a-fb30-4c9d-a5cf-a9a7160c6e81_1260x608.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" 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data-attrs="{&quot;src&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/bd225e4a-fb30-4c9d-a5cf-a9a7160c6e81_1260x608.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:608,&quot;width&quot;:1260,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:79674,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!o8vT!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbd225e4a-fb30-4c9d-a5cf-a9a7160c6e81_1260x608.jpeg 424w, 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role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>This substantial level of adoption has driven global crypto investors to deploy capital into Vietnamese DeFi platforms. Coin98 Labs <a href="https://blog.coin98.com/coin98-strategic-funding-round/">raised USD 11.5 million</a> in July from a group of investors led by Hashed and Spartan Group, then <a href="https://www.techinasia.com/binance-labs-backs-vietnamese-defi-platform-coin98">another strategic funding round</a> from Binance Labs, the venture arm of cryptocurrency exchange Binance. Another DeFi platform, Rikkei Finance, <a href="https://finance.yahoo.com/news/rikkei-finance-raises-5-6-144500953.html">raised USD 5.6 million</a> from a host of investors in the blockchain industry, including HyperChain Capital, Kyber Network, Signum Capital...</p><p><strong>5. Regulatory Contexts</strong></p><p>Despite all the promising growth and development described above, cryptocurrency in Vietnam is still legally not recognized, especially crypto trading. In layman&#8217;s terms, cryptocurrency trading involves exchanging one cryptocurrency for another, buying and selling coins, and exchanging fiat money into crypto.</p><p><a href="https://www.vietnam-briefing.com/news/vietnam-tasks-government-agencies-prepare-legal-framework-cryptocurrencies-virtual-assets.html/#:~:text=At%20present%2C%20Vietnamese%20law%20does,asset%20or%20a%20foreign%20currency.&amp;text=However%2C%20possessing%2C%20trading%2C%20and,tolerated%20for%20the%20time%20being.">According to Vietnam Briefing</a>, a news outlet of the law Dezan Shira &amp; Associates, Vietnamese law does not mention cryptocurrencies as a legal means of payment or recognize them as an asset or a foreign currency; yet, possessing, trading, and investing in cryptocurrencies is not forbidden nor permitted according to the current laws. <a href="https://www.lexology.com/library/detail.aspx?g=893ff626-3bc9-4f96-be8d-bc22637b8a65">Another legal op-ed from Indochine Counsel</a> stated that issuing, supplying, using Bitcoin and other cryptocurrencies as forms of payment is an act prohibited in Vietnam, according to its study on the regulatory actions from the State Bank of Vietnam (SBV). LNT &amp; Partners also <a href="https://www.lexology.com/library/detail.aspx?g=9b145865-da54-4036-9e4e-9bc95e873a79">issued an op-ed</a> explaining in detail about the current legal standings of cryptocurrency in Vietnam, in which Vietnamese laws do not permit cryptocurrency trading but also do not prohibit this activity either, because cryptocurrency trading is listed in neither the system of economic branches of Vietnam under <a href="https://www.rsm.global/vietnam/sites/default/files/media/spotlight/rsm_vietnam_spotlight_decision_27_en.pdf">Decision No. 27/2018/QD-TTg</a> nor on the lists of <a href="https://vietnam.acclime.com/news-insights/new-law-on-investment-2020/">conditional or prohibited business lines under the Law on Investment 2020</a>.</p><p>Nevertheless, the Vietnamese government does not plan to sit on the sideline of cryptocurrency growth. On August 21, 2017, Prime Minister Nguyen Xuan Phuc issued <a href="https://english.luatvietnam.vn/decision-no-1255-qd-ttg-dated-august-21-2017-of-the-prime-minister-on-approving-the-scheme-of-completion-of-the-legal-framework-on-management-of-vir-116516-Doc1.html">Decision No 1255/Q&#272;-TTg</a>, paving the way for completing the legal framework for managing virtual assets, cryptocurrencies, and any other electronic currencies. In addition, the Prime Minister also issued Directive No. 10/CT-TTg on 11 April 2018 to tighten the management of bitcoin-related activities and other virtual currencies. The Directives play an important role in putting cryptocurrency trading under control and minimizing its potential negative impacts on the Vietnamese market.</p><p>Then, on June 15, 2021, Prime Minister Pham Minh Chinh issued <a href="https://vanbanphapluat.co/decision-942-qd-ttg-2021-development-of-e-government-with-orientations-towards-2030">Decision No. 942/QD-TTG</a> (&#8220;Decision 942&#8221;), approving the strategy for the development of e-government towards the digital government for 2021-2025 with an orientation for 2030. Decision 942 is very remarkable because a key pillar of this regulatory guideline is the research and use of cryptocurrency as one of the solutions to develop the digital government. In particular, this Decision sets out a space for all the pilot digital services and assets, defined as follows:</p><blockquote><p>&#8220;The space for pilot digital service provision shall be a digital space that allows for pilot deployment of all innovative digital products and services which are not yet regulated by legislative documents and the scope, size and operating models of which are under strict technology-based supervision. Such products and services shall undergo assessment when pilot deployment has reached a certain scale to establish necessary legal parameters.&#8221; &#8212; Clause IV.1.h, Decision 942</p></blockquote><p><strong>6. Conclusion</strong></p><p>Vietnam is a young, growing economy in Southeast Asia with a vibrant tech ecosystem and robust IT talent base. Consequently, it has seen a meteoric rise of successful blockchain projects in the last few years, especially in NFT &amp; GameFi as well as other sectors such as DeFi. Axie Infinity, Sipher, Coin98, etc are only a few noticeable names among the rising stars in the global blockchain industry that have stemmed from Vietnam.</p><p>Nevertheless, the legal contexts are not immediately clear, as the government still struggles to path the charts towards sustainable development and responsible regulations for cryptocurrency. Therefore, in order to expand and thrive in this market, one must exercise its setup and operational plans with utmost caution and, suggestively, have the local expansion led by individuals and/or partners who possess detailed knowledge about the market.</p><div><hr></div><p><em>To learn more about RainmakerDAO and what we&#8217;re building, join our community on Discord!</em></p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://discord.gg/uRRFQkJFrd&quot;,&quot;text&quot;:&quot;JOIN US!&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://discord.gg/uRRFQkJFrd"><span>JOIN US!</span></a></p>]]></content:encoded></item><item><title><![CDATA[An Overview on Vietnam’s Cryptocurrency Market, Part 1]]></title><description><![CDATA[A quick sum-up on the key contexts, movements, and things to know about the Cryptocurrency Market in Vietnam]]></description><link>https://blog.sqrdao.com/p/an-overview-on-vietnams-cryptocurrency</link><guid isPermaLink="false">https://blog.sqrdao.com/p/an-overview-on-vietnams-cryptocurrency</guid><dc:creator><![CDATA[Long "Leo" Pham]]></dc:creator><pubDate>Tue, 08 Mar 2022 06:22:51 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!q-uN!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p></p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!q-uN!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!q-uN!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 424w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 848w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!q-uN!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg" width="1456" height="819" data-attrs="{&quot;src&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:819,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:1355736,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!q-uN!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 424w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 848w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!q-uN!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F39c587b4-fec7-48ab-a2c6-8e3d419124e2_4000x2250.jpeg 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p><em>Source</em>: Kyros Ventures, <strong><a href="https://kyros.ventures/wp-content/uploads/2022/01/vietnam-cryptocurrency-market-report-2021.pdf">Vietnam Cryptocurrency Market Report 2021</a></strong></p><p><strong>1. Macroeconomic Overview</strong></p><p>Since opening up again to the global market in the early 1990s, starting with the&nbsp;<a href="https://worldview.stratfor.com/article/vietnams-political-economy-transition-1986-2016">Reformation movement</a>&nbsp;kickstarted by the government, Vietnam has experienced steady economic growth. Despite certain periods of economic struggles due to global depressions, Vietnam has enjoyed what the World Economic Forum (WEF) recently dubbed &#8220;<a href="https://www.weforum.org/agenda/2018/09/how-vietnam-became-an-economic-miracle/">economic miracle</a>&#8221;.</p><p>This impressive growth, while quickly transforming the economy and society, also comes with sustainability. According to WEF&#8217;s&nbsp;<a href="https://www.weforum.org/reports/the-inclusive-development-index-2018">Inclusive Development Index</a>, Vietnam has deployed heavy public investments into building infrastructures and human resources. Through hefty improvements in education, especially at the primary level, Vietnam has produced a numerous generation of IT and software engineers, enough for international corporations like Intel, Bosch, Samsung, etc to set up R&amp;D centers here while also nurturing the development of local IT companies such as FPT, VNG, CMC, and so on.</p><p>The capital injection into local infrastructure also exhibits successful returns, with Vietnam becoming one of the most mobile-friendly countries in APAC. Per a new&nbsp;<a href="https://datareportal.com/reports/digital-2021-vietnam">2021 report by WeAreSocial</a>, Vietnam grossed 68.72 million Internet users and 65.08 million unique mobile users, with 94.3% of which converted into smartphone users. This level of penetration has helped Vietnam&#8217;s Internet economy almost triple between 2019&#8211;2021, reaching $21 billion in 2021, according to a&nbsp;<a href="https://www.bain.com/globalassets/noindex/2021/e_conomy_sea_2021_report.pdf">Google/Temasek/Bain report</a>&nbsp;on Southeast Asia&#8217;s Internet economy.</p><p><strong>2. Cryptocurrency&#8217;s Mass Adoption Growth</strong></p><p>Building on the aforementioned macroeconomic advantages, Vietnam has achieved significant tractions in the mass adoption of cryptocurrency. A <a href="https://www.statista.com/chart/18345/crypto-currency-adoption/">2021 survey by Statista</a> found that Vietnam ranks 2nd globally in terms of cryptocurrency adoption, with 21% of the respondents saying that they either owned or used cryptocurrency.</p><p>In August 2021, the crypto-analysis firm&nbsp;Chainalysis also published its second-ever <strong><a href="https://blog.chainalysis.com/reports/2021-global-crypto-adoption-index/">Global Crypto Adoption Index</a></strong>. The Chainalysis team tracked data across 7,000 crypto service providers and found &#8220;meaningful crypto activity&#8221; in 158 countries, among which Vietnam topped the adoption index as the most active market. The adoption in Vietnam as well as other developing countries, according to Chainalysis, &#8220;in large part because they have huge transaction volumes on peer-to-peer (P2P) platforms when adjusted for PPP per capita and internet-using population.&#8221;</p><p><a href="https://www.finder.com/finder-cryptocurrency-adoption-index">Another survey by Finder.com</a> early in February 2022 even indicated that Vietnam has the highest rate of cryptocurrency ownership in the world, with 28.6% of its online population saying they own a form of cryptocurrency. Furthermore, the report found that Vietnamese Internet users have a remarkably positive attitude and high awareness towards cryptocurrency: 59% of the respondent are aware of cryptocurrency, whereas 68% feel positive about crypto use. The majority of crypto users are also very young, as 70.1% of the crypto users belong to the age group of 18-34.</p><p><em>Read Part 2 here: </em></p><div class="embedded-post-wrap" data-attrs="{&quot;id&quot;:52088535,&quot;url&quot;:&quot;https://rmdao.substack.com/p/an-overview-on-vietnams-cryptocurrency-87f&quot;,&quot;publication_id&quot;:790299,&quot;publication_name&quot;:&quot;RainmakerDAO&quot;,&quot;publication_logo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png&quot;,&quot;title&quot;:&quot;An Overview on Vietnam&#8217;s Cryptocurrency Market, Part 2&quot;,&quot;truncated_body_text&quot;:&quot;Read Part 1 here:&quot;,&quot;date&quot;:&quot;2022-04-12T16:22:05.238Z&quot;,&quot;like_count&quot;:0,&quot;comment_count&quot;:0,&quot;bylines&quot;:[{&quot;id&quot;:3278552,&quot;name&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;photo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/5a0ac32f-aad0-4925-a7ed-b0e4b47000e2_144x144.png&quot;,&quot;bio&quot;:&quot;ex-VC | web3 amateur&quot;,&quot;profile_set_up_at&quot;:&quot;2022-03-08T07:26:07.912Z&quot;,&quot;publicationUsers&quot;:[{&quot;id&quot;:679085,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:743267,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:743267,&quot;name&quot;:&quot;Leo's Thoughts&quot;,&quot;subdomain&quot;:&quot;longleopham&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;random thoughts about web3 and stuff&quot;,&quot;logo_url&quot;:null,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#45D800&quot;,&quot;created_at&quot;:&quot;2022-02-10T07:34:29.848Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}},{&quot;id&quot;:727753,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:790299,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:790299,&quot;name&quot;:&quot;RainmakerDAO&quot;,&quot;subdomain&quot;:&quot;rmdao&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;All things crypto-investing&quot;,&quot;logo_url&quot;:&quot;https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png&quot;,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#FF9900&quot;,&quot;created_at&quot;:&quot;2022-03-08T06:17:04.028Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}},{&quot;id&quot;:727824,&quot;user_id&quot;:3278552,&quot;publication_id&quot;:790370,&quot;role&quot;:&quot;admin&quot;,&quot;public&quot;:true,&quot;is_primary&quot;:false,&quot;publication&quot;:{&quot;id&quot;:790370,&quot;name&quot;:&quot;NEBULUS&quot;,&quot;subdomain&quot;:&quot;nebulus&quot;,&quot;custom_domain&quot;:null,&quot;custom_domain_optional&quot;:false,&quot;hero_text&quot;:&quot;Latest updates about Kosmoverse and everything happening on our HQ&quot;,&quot;logo_url&quot;:null,&quot;author_id&quot;:3278552,&quot;theme_var_background_pop&quot;:&quot;#2096FF&quot;,&quot;created_at&quot;:&quot;2022-03-08T07:26:53.800Z&quot;,&quot;rss_website_url&quot;:null,&quot;email_from_name&quot;:null,&quot;copyright&quot;:&quot;Long \&quot;Leo\&quot; Pham&quot;,&quot;founding_plan_name&quot;:null,&quot;community_enabled&quot;:true,&quot;invite_only&quot;:false}}],&quot;is_guest&quot;:false}],&quot;utm_campaign&quot;:null,&quot;belowTheFold&quot;:true,&quot;type&quot;:null,&quot;language&quot;:&quot;en&quot;}" data-component-name="EmbeddedPostToDOM"><a class="embedded-post" native="true" href="https://rmdao.substack.com/p/an-overview-on-vietnams-cryptocurrency-87f?utm_source=substack&amp;utm_campaign=post_embed&amp;utm_medium=web"><div class="embedded-post-header"><img class="embedded-post-publication-logo" src="https://substackcdn.com/image/fetch/$s_!7Vs5!,w_56,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F00d662fb-7088-4501-aa20-614d5a7e9eda_256x256.png" loading="lazy"><span class="embedded-post-publication-name">RainmakerDAO</span></div><div class="embedded-post-title-wrapper"><div class="embedded-post-title">An Overview on Vietnam&#8217;s Cryptocurrency Market, Part 2</div></div><div class="embedded-post-body">Read Part 1 here&#8230;</div><div class="embedded-post-cta-wrapper"><span class="embedded-post-cta">Read more</span></div><div class="embedded-post-meta">4 years ago &#183; 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