Ye WANG

HashKey Exchange (Fundamentals Based): Project screening: Based on the maturity and popularity of a industry sector, select projects with good fundamentals, and output 30 long research reports. Regulatory Communication: In response to questions about "security" and "commercial value" of regulation, more than In-depth 100 questions are explained, such as "security assumptions and attack costs of consensus mechanisms for public chains/Layer2", "comparison of cost and security of BTC Wrap methods", "token economic models and valuation models for public chains and DAPP tokens". HashKey Global (User Volume Based): Project screening: Based on the strategy of "Large User, low VC", establish a Twitter community and KOL database mainly focused on the gaming industry, screen more than 200 projects, suggest BD connect these projects , set as back-up to future Launchpool at a low valuation to create wealth effects. Project rating: Based on the strategy of "Large holder, low selling pressure" analyze the quantity and quality of airdrop holders, and conduct secondary HSK airdrops for high-quality users (such as Catizen payed users); evaluate the tokenonomic model to prevent abnormal shipment behavior of project teams and investors; evaluate the validity of the business data of the project through "DEFI TVL/On Chain TVL ", "DEX TVL / DEFI TVL" etc. Other supportive work: token security audit, legal opinions, hosting listing meetings, etc.

Primary Market Research Screened and met with project teams for infrastructure primary market projects such as Scroll, Taiko, zkMove, Shardeum, and zkPass, totaling over 130 projects Conducted comprehensive due diligence on Cysic (zero-knowledge proof mining track, valued at $40 million), Airwaive (decentralized site building track, valued at $100 million), Datamynt (Web3 payment track, valued at $25 million), and other primary market projects and submitted a total of 8 projects to the meeting. Secondary Market Research Mapped the infrastructure track and conducted in-depth research and meetings on blue chip Polygon, Aptos, and other Secondary Market projects (over 50 briefings and in-depth research reports) to help the fund conduct a fundamental analysis of Secondary Market targets, investment decision judgment, short- and medium-term investment decisions. Analysis, investment decision judgment, short and medium-term buying and selling point analysis, etc Explored the growth secondary targets RNDR, SSV, MINA, IOTX, etc., and continuously follow up the project information every week and look for the right time to build positions, in response to the long-term trend of web3, Summary of Content Output Research Report: Aptos, Solana and New Blockchains Narratives, Polygon (MATIC) Overview: Examining Ethereum Scaling Solution (Made the headlines of wellknown industry media such as Blockbeats and Chain Catcher, with a cumulative reading of over 10,000) Briefing: Mina-Currently Undervalued, Relatively Early, Long Term Bullish (Potential Project Study) Other: Web3 100Days (Writing over 30 popular science articles under the pseudonym "Big Kale"): Bitcoin In-Depth Explanation: From Bitcoin Block Size, Investment Opportunities in the Ethereum Merge

1.Minutes of Meeting:: calls with leading technologists and Senior Management (in English) and make meeting minutes every week. 2.Investment Analyze: Make asset allocation / strategy mix recommendations to the Chief Investment Officer based on intra-strategy and cross-strategy risk/reward prospects

1.Mapping: Collecting and collating information on industry policies, industry competition conditions and leading companies on the track of Information Data Center. 2.Investment Research: Participate in research on companies such as Yonyou Finance and Yisaitong, and participate in the writing of investment plans (including stocks, convertible bonds), etc.