Gear Foundation will co-host the Web3 Chill Night party on January 19 with Avalanche and Kite AI

ChainCatcher news, Layer1 project Gear Foundation and developer community OpenBuild will jointly host the Web3 Chill Night party with Avalanche, Kite AI, and Dolphin on January 19 from 19:00 to 22:00 in Shenzhen. The event aims to deeply connect domestic and international VCs, developers, and project parties.

In addition, there will be food and drinks on site, along with project-related gifts and a lottery session.

It is reported that Gear Foundation launched the L1 blockchain Vara Network in 2023. In 2024, it released a new product Gear.exe, providing high-performance, bridge-free smart contract computation for Ethereum, supporting unlimited parallel execution, helping developers build fast and scalable dApps, aiming to solve the asset fragmentation problem caused by the current L2.