Gate’s “Racing the Future” exhibition at Hong Kong’s Victoria Harbour attracted a large crowd and widespread attention, showcasing the new cars and equipment from the F1 Red Bull Racing team. The event will be held on April 20, featuring a Blue Carpet Ceremony and an anniversary gala dinner, providing opportunities for industry exchange and live streaming.

Gate News update: On April 17, according to Gate market data, as of the time of writing, MOVR (Moonriver) is trading at $2.96. It is up 132.99% over the past 24 hours, reaching a high of $2.97 and falling to a low of $1.25. The total 24-hour trading volume is $494.5k. The current market cap is approximately $33.7163 million. Moonriver is an EVM-compatible blockchain running on the Kusama network, providing developers with features such as deploying Solidity smart contracts, Web3-compatible APIs, oracle data, and Ethereum network bridge relays. MOVR is the platform’s utility and governance token. It can be used to pay transaction fees, for network governance, to earn rewards by participating in network consensus through staking, and to provide liquidity for decentralized exchanges built on the Moonriver blockchain. As the Kusama ecosystem version of Moonbeam, Moonriver won eligibility for a parachain slot auction through a crowd sale, giving developers a sandbox environment to test new code under real economic conditions, with full Ethereum compatibility and efficient smart contract execution capabilities.