Cuckoo Chip

Darkbird Chip

Smart Chip

Cloud Computing

iPollo Computing , Computing Future

On August 10, Beijing time, Nano Labs (Nasdaq: NA) announced its financial report for the first half of 2022. The report shows that Nano Labs  achieved revenue of 380 million yuan in the first half of this year,  with a increase of 1,565.5%. The increase in revenue was mainly due to the launch and delivery of the iPollo V1 series and B1 series; the gross profit for the first half of this year was 180 million yuan, with increase of 1468%. At the same time, in the first half of this year, the company turned losses into profits and achieved a net profit of 110 million yuan; the Earning per share was 1.07 yuan, shows a significant increase compared to the -0.38 yuan in the same period of 2021.

The financial report shows that the total operating expenses increased from 45.5 million yuan for the first half of 2021 to 68.7 million yuan of 2022; of which, research and development expenses increased from 33.9 million yuan of the first half of 2021 to 41.7 million yuan of 2022.

Looking Forwards, it is expected that at least 50,000 iPollo V1 series chips will be delivered in the third quarter; the test network of the distributed rendering platform ipolloverse will be launched by the end of this year.

![微信图片_20220810213421(1).jpg](/uploads/20220810213421_1_cc1cfc5ec9.jpg)


Nano Labs achieved 380 million revenue and 180 million gross profit, with increase of 1468%, and shows good sales in the third quarter

On August 10, Wu Jinfa, deputy secretary of the Party committee of Wenzhou University, led Wang Zongzheng, President of the school of law of Wenzhou University, Lin Qin, Secretary of the Party committee of the school of law of Wenzhou University, Yang Zhenhai, deputy secretary of the Party committee of the school of law of Wenzhou University, Cai zhennao, deputy director of the alumni office of Wenzhou University, Zhang Xiaoqin, part-time professor of Wenzhou University, vice chairman of Zhejiang Association for science and technology, and Han binxiang, alumni and director of Zhejiang agricultural foreign cooperation center, to visit Zhejiang Haowei Technology Co., Ltd, Kong Jianping, chairman of Haowei technology, and relevant responsible persons of the company attended the report forum.

President Kong warmly welcomed secretary Wu and his party, and expressed heartfelt thanks to Wenzhou University and all alumni for their concern and support for Haowei technology.

![微信图片_20220810222823.jpg](/uploads/20220810222823_abc594b663.jpg)

Mr. Kong gave a briefing to the leaders, introducing in detail the company's product characteristics, technical advantages, and the company's operation, and introduced to the leaders the basic situation of nano labs, the listed entity of Haowei technology's parent company.

![微信图片_20220810222839.jpg](/uploads/20220810222839_f14ef61499.jpg)

Nano labs is a metaverse infrastructure service provider. It will provide products and services around metaverse chips, metaverse computing devices, metaverse rendering networks, and other tracks, and contribute to the coming paradigm shift.

The company's main product, cuckoo series chips, is the world's leading high-throughput computing chip. It adopts the FPU architecture exclusively developed by Nano, and combines 3D packaging and advanced processing technology to create a metaverse chip ecology spanning five vertical fields.

The chip has the characteristics of high computing power, high bandwidth, high bit width, low delay and high efficiency. The company has cooperated closely with the world's leading manufacturers to build an efficient supply chain system. At present, the success rate of chip streaming is 100%. At present, the company's business is still expanding and showing a good development trend.

![微信图片_20220810222843.jpg](/uploads/20220810222843_40ae680b91.jpg)

After the report, secretary Wu spoke highly of and affirmed the company's business achievements and achievements, reviewed Mr. Kong's learning experience and exchanged entrepreneurial experience with everyone. He said that Jianping was an outstanding alumnus of Wenzhou University and set an excellent example and model for the students. During the school period, he dared to be the first to lead the students to start a business and create good profits. After graduation, he chose the cutting-edge science and technology track to establish a company and achieved excellent results. He was gratified. We hope to strengthen communication and interaction with our alma mater, enhance friendship and jointly explore new development paths.

Mr. Kong said that he was very grateful for the recognition of his alma mater and would give full play to the spirit of his alma mater in his work, work hard in the field of science and technology, and create more value for his alma mater.

![微信图片_20220810222846.jpg](/uploads/20220810222846_eb5a6bc77c.jpg)

At the meeting, secretary Wu awarded the appointment letter of "Wenzhou University anniversary ambassador" to President Kong, and leaders also conducted in-depth discussions on industry topics such as metaverse and blockchain.

![微信图片_20220810222857.jpg](/uploads/20220810222857_658de59ffd.jpg)



Wu Jinfa, deputy secretary of the Party committee of Wenzhou University, and his party visited Nano Technology

On August 6, dozens of students from Zhejiang University's "Strong Eagle program" came to the Hangzhou headquarters of nano labs and had a "brainstorm" with colleagues of nano labs. The students' innovative bottom thinking, positive attitude towards learning new knowledge, and cognition of metaverse precipitation generated by fierce collision have added a vitality of different worlds to the summer of Hangzhou.

![微信图片_20220810204202.jpg](/uploads/20220810204202_843c5037da.jpg)

At the beginning of the activity, TIMI, the investor of bio capital, the ecological partner of nano labs, shared the gamefi investment. Gamefi, as a very important part of the metaverse, gave birth to "once brilliant" projects such as axes infinity, crypto mines and farmer. The explosion of stepn made by Zhejiang University has pushed gamefi to a new height.

TIMI believes that after several years of development, the industry has reached the stage of gamefi 2.0. Specifically, 1) deep integration with metaverse; 2) X to ear mode will generate more interesting gamefi applications; 3) Free to play with considerable gameplay; 4) The game originated from blockchain.

![微信图片_20220810204224.jpg](/uploads/20220810204224_c46c880f47.jpg)

After that, manway Warwick, the president of nano labs Research Institute and the co sponsor of ipolloverse project, shared his understanding of the metaverse.

First of all, President Kong analyzed from the perspective of technological evolution. From Moore's law, gilde's law, Metcalf's law and other laws summarized by predecessors, we can see the direction of the evolution of the metaverse. Further, the concept of "Web3D" is introduced, and based on 3D rendering technology, the basic concept of the public chain of 3D rendering engine, ipollovese, is proposed. And ipolloveser will also be one of the next key business directions of nano.

![微信图片_20220810204228.jpg](/uploads/20220810204228_f03bb647d8.jpg)

另外，从需求侧的角度来看，未来人们的工作时间会大大缩短，对精神世界的探索需求将进一步提高。这时，如何"度过闲暇时间”将成为人们主要关心的话题。而元宇宙所能提供的沉浸式体验、极大丰富的数字经济等，都将会是未来世界的组成部分。

![微信图片_20220810204232.png](/uploads/20220810204232_1cdd8ec0de.png)

Next, Jason, the co sponsor of the project of ipolloverse and the executive of nano labs, brought us a wonderful sharing about the metaverse

Next, Jason, the co sponsor of the project of ipolloverse and the assistant to the chairman of nano labs, brought us a wonderful sharing about the metaverse. Jason said that nano labs and its ecological project will contribute to the metaverse in the five dimensions of chip, computing, network, traffic and Innovation: at the chip level, nano labs adopts the FPU architecture and chiplet heterogeneous integration technology developed by the main research and development to create the metaverse chip; In the computing layer, ipollo NCTY has produced the underlying computing equipment through self-developed chips, and has distributed its sites worldwide; In the network layer, there are rendering networks such as ipolloverse and storage networks such as nd labs; In the flow and innovation layer, a series of innovative projects including nftgo and opendao have been invested.

After that, Jason fully explained his understanding of themetaverse and proposed the "three laws of the metaverse":

Assuming that the industrial age is a two-dimensional space and the Internet age is a three-dimensional space, the metaverse age can be compared to a four-dimensional or even higher dimensional space. The three laws of the metaverse are expressed as follows:

1) The network value of metaverse is at least proportional to the third power of network users: v = k * n ³

2) The total network value of the metaverse is the sum of the network values of all layers: v = sum (L1 + L2... + LN)

3) Every marginal user of the metaverse will get corresponding network value: V (n) > 0
![微信图片_20220810204237.jpg](/uploads/20220810204237_3ef963b338.jpg)


The students were very interested in their understanding of the metaverse. Next, Jason gave a detailed introduction to ipolloverse, which is also the focus of today's activity. Ipolloverse is a rendering network at the bottom of the metaverse. It is committed to achieving open social and immersive experiences in the 3D meta universe world, enabling tens of thousands of real users to interact in real-time and low-cost in a high fidelity and delay free environment at the same time and in the same scene. It also allows users to create a new Web3.0 lifestyle by building the blockchain native 3D NFT.

After the introduction, the brainstorming session begins. Jason asked several questions: how to build scenarios on ipolloverse? How to operate ipolloverse, and so on. Around these problems, the students began to have a very heated group discussion.

What can we do in the metaverse? All these were discussed, and a clear outline was gradually drawn. Some students think that the concert is a very suitable scene. Some stars will bring their own traffic, which will bring incremental users to the metaverse and create new experiences for users. Some students think that they can combine with offline shopping malls to map digital twins, attract brands in shopping malls, and transfer offline traffic to the metaverse.

![微信图片_20220810204240.jpg](/uploads/20220810204240_7837b2b4b6.jpg)

Press conferences, auctions, offices, car racing from the first perspective, etc. were vividly depicted by the students in the metaverse. The future picture is more and more clear, and our construction enthusiasm will gradually realize this picture. What kind of metaverse experience will ipolloverse bring to people? Let's look forward together.

At the end of the event, Kong Jianping, founder and chairman of nano labs, gave a concluding speech. While imagining the metaverse with everyone, President Kong encouraged the students to find their own niche in the metaverse and become the architects of the future world together.

![微信图片_20220810204245.jpg](/uploads/20220810204245_f633c92176.jpg)
![微信图片_20220810204248.jpg](/uploads/20220810204248_4e62846cab.jpg)


Cuckoo Chip

Darkbird Chip

Smart Chip

Cloud Computing

NEWS

Nano Labs achieved 380 million revenue and 180 million gross profit, with increase of 1468%, and shows good sales in the third quarter

Wu Jinfa, deputy secretary of the Party committee of Wenzhou University, and his party visited Nano Technology

metaverse brainstorming summer: Zhejiang University Strong Eagle class xnano Labs