Chia Network在市場動盪中重啟IPO

BitTorrent 創辦人創立的 Chia Network 重新啟動了首次公開發行 (IPO) 計畫。執行長 Gene Hoffman 表示，在收到監管機構的回饋後，該公司悄悄向美國證券交易委員會 (SEC) 重新提交了 S-1 表格。雖然首次公開募股的時間表尚未最終確定，但據報導該公司正在等待有利的市場條件來進行。

Chia Network's IPO Ambitions Resurface Amidst Market Volatility

Chia Network 的 IPO 野心在市場波動中重新浮現

Despite facing setbacks last year, Chia Network, founded by BitTorrent inventor Bram Cohen, has reignited its plans for an initial public offering (IPO).

儘管去年遭遇挫折，BitTorrent 發明人 Bram Cohen 創立的 Chia Network 仍重新啟動了首次公開發行 (IPO) 計畫。

CEO Gene Hoffman revealed during a conference hosted by law firm Brown Rudnick in Manhattan that Chia Network had filed a confidential S-1 form with the Securities and Exchange Commission (SEC) after receiving feedback from the regulatory body. However, the company will wait for favorable market conditions before finalizing an IPO timeline.

執行長 Gene Hoffman 在曼哈頓 Brown Rudnick 律師事務所主辦的會議上透露，Chia Network 在收到監管機構的回饋後，已向美國證券交易委員會 (SEC) 提交了一份機密 S-1 表格。不過，該公司將等待有利的市場條件，然後再確定 IPO 時間表。

Chia Network first announced its intention to go public in April 2023, but its efforts were disrupted by the collapse of its banking and IPO underwriter, Credit Suisse. The setback forced Chia Network to lay off a third of its staff in October of the same year. Additionally, the company explored selling a portion of its native XCH tokens to supplement its IPO funding.

Chia Network 於 2023 年 4 月首次宣布打算上市，但其努力因銀行和 IPO 承銷商瑞士信貸銀行倒閉而中斷。這項挫折迫使Chia Network在同年10月解雇了三分之一的員工。此外，該公司還探索出售部分原生 XCH 代幣以補充 IPO 資金。

Established by Cohen, the inventor of the peer-to-peer file-sharing technology BitTorrent, Chia Network has raised $61 million in funding despite facing criticism over the environmental impact of its XCH mining process.

Chia Network 由點對點檔案共享技術 BitTorrent 的發明者 Cohen 創立，儘管其 XCH 挖礦過程對環境造成的影響受到批評，但仍籌集了 6,100 萬美元的資金。

Unlike Bitcoin and Ethereum, which utilize the well-known Proof-of-Work and Proof-of-Stake consensus mechanisms respectively, Chia Network employs a unique Proof-of-Space and Proof-of-Time consensus to allocate computing storage space globally.

與比特幣和以太坊分別採用眾所周知的工作量證明和權益證明共識機制不同，Chia Network 採用獨特的空間證明和時間證明共識來全球分配運算儲存空間。

Chia Network's near-term plans include implementing a bridge for Circle's USDC stablecoin and expanding its infrastructure projects.

Chia Network 的近期計劃包括為 Circle 的 USDC 穩定幣建立一座橋樑並擴大其基礎設施項目。

Despite the positive news, Chia's XCH token has not shown any significant reaction. Since the project's inception, the token has lost nearly 100% of its value, according to data from CoinMarketCap as of the morning of April 19th.

儘管有積極消息，Chia 的 XCH 代幣並未表現出任何重大反應。根據 CoinMarketCap 截至 4 月 19 日上午的數據，自該項目啟動以來，該代幣的價值已損失了近 100%。

Market Volatility and IPO Landscape

市場波動與IPO格局

Chia Network's renewed IPO aspirations come amidst ongoing volatility in the cryptocurrency market. The broader market has been grappling with macroeconomic headwinds, geopolitical tensions, and regulatory uncertainty.

Chia Network 新的 IPO 願望是在加密貨幣市場持續波動的背景下實現的。更廣泛的市場一直在應對宏觀經濟逆風、地緣政治緊張局勢和監管不確定性。

The collapse of major players such as FTX and Celsius has shaken investor confidence, but some industry experts believe that the market is now in a recovery phase. If market conditions improve, Chia Network may benefit from a more receptive IPO environment.

FTX和Celsius等主要參與者的倒閉動搖了投資者的信心，但一些行業專家認為市場目前正處於復甦階段。如果市場狀況改善，Chia Network 可能會受益於更容易接受的 IPO 環境。

Chia Network's Differentiators

Chia Network 的差異化優勢

While Chia Network faces competition from other blockchain projects, it stands out with its distinct Proof-of-Space and Proof-of-Time consensus mechanisms. This innovative approach aims to address environmental concerns associated with traditional Proof-of-Work mining.

雖然 Chia Network 面臨其他區塊鏈項目的競爭，但它以其獨特的空間證明和時間證明共識機制脫穎而出。這種創新方法旨在解決與傳統工作量證明挖礦相關的環境問題。

Additionally, Chia Network's focus on enterprise-grade storage solutions and its partnerships with companies like Seagate and Western Digital position it as a potential player in the growing Web3 storage market.

此外，Chia Network 專注於企業級儲存解決方案，並與 Seagate 和 Western Digital 等公司合作，使其成為不斷成長的 Web3 儲存市場的潛在參與者。

Conclusion

結論

Chia Network's revived IPO plans are a testament to the company's resilience and belief in its long-term potential. While market conditions will ultimately determine the timing of its public offering, Chia Network's unique value proposition and strategic partnerships make it a promising candidate for growth in the evolving blockchain landscape.

Chia Network 重啟的 IPO 計劃證明了該公司的韌性和對其長期潛力的信心。雖然市場狀況最終將決定其公開發行的時間，但 Chia Network 獨特的價值主張和策略合作夥伴關係使其成為不斷發展的區塊鏈領域成長的有希望的候選者。