VAP GROUP EXPANDING VALUE OF WEB3

The Global Blockchain Show, was hosted by VAP Group at the Grand Hyatt, Dubai on April 16-17, 2024, brought together industry experts, startups, and top firms such as Kucoin, Binance, and OKX. The event featured 300 speakers from the Web3 ecosystem, 120 sponsors, and 3000 enterprises. It was an excellent opportunity to share ideas on the future of blockchain technology.

According to VAP Group CEO Vishal Parmar, the Global Blockchain Show was founded with the intention of educating people about the Web3 ecosystem in a peer-to-peer manner. The audience is the target audience, and the event is well-planned. The programme will benefit both newcomers and established blockchain companies.

The ever-changing field of blockchain technology was on display at the Global Blockchain Show. H.E. Justin Sun, the inspirational founder of TRON and a member of the HTX Global advisory board, was the featured speaker among the esteemed group. Justin Sun, who is well-known for his revolutionary contributions to the blockchain industry, enlivened the occasion with his deep understanding and progressive outlook. Justin Sun, the founder of TRON developed the global blockchain-based decentralised platform for developing and deploying smart contracts and decentralised applications.

Lennix Lai, Chief Commercial Officer of OKX and like Dr. Marwan Alzarouni, CEO, Dubai Blockchain Center, each separately had a fireside discussion at Global Blockchain Show, covering the positives and negatives of cryptocurrency trading. Dominic Williams, the founder and chief scientist of the DFINITY Foundation, talked about the DFINITY blockchain’s decentralised cloud concept.

The list of speakers who appeared at the Global Blockchain Show included Dominic Williams, the founder and chief scientist of DFINITY Foundation, a Switzerland-based not-for-profit organisation that contributes to the Internet Computer blockchain, Lennix Lai, the chief commercial officer of OKX, a cryptocurrency exchange platform based in Malta.

Professionals from the Web3 ecosystem came together at the Global Blockchain Show to exchange ideas and talk about next prospects in the quickly developing field. The growth of the digital ecosystem, data protection, and blockchain in finance, just few of the subjects that were covered during the event.

Speakers at this event include prominent influencers including Toby Gilbert, CEO & Co-Founder of Coinweb; Zara Zamani, COO & Co-Founder of Neoki; Dominic Williams, Founder & Chief Scientist, DFINITY Foundation; and Jordi Alexander, Chief Alchemist, Mantle.

In addition to lecture sessions, participants also benefitted immensely from live demonstrations and workshops. Some of the interesting demonstrations included an AI-powered instant language translation and a blockchain-based secure and accurate voting system. Such live workshops and demonstrations helped participants get a better idea about the practical applications of AI and blockchain.

The first artificial intelligence (AI) humanoid robot in history, Sophia, was delighted to serve as the official ambassador of the Global Blockchain Show. Sophia is a shining illustration of the marvels of robotics and artificial intelligence, which are merging technology and humankind. Her attendance at the two events aims to motivate attendees with the seemingly endless potential of artificial intelligence and web3 technology.

Robby Yung, CEO – Animoca Brands presented on Web3 and its importance in the future, as it represents a paradigm shift in how we conceptualize and interact with the internet, emphasizing decentralization, user empowerment, and shared value creation. The growth and success of the Web3 ecosystem hinge on effective education that clearly communicates its core principles and potential benefits.

At the heart of Web3 is the concept of a token-based economy. Tokens serve as a tangible representation of network effects, allowing participants to have a direct stake in the platforms and applications they use. This model aims to create a more equitable distribution of value among all stakeholders in a given ecosystem.

This system stands in contrast to traditional Web2 models, where value is often concentrated among a small group of centralized entities. In Web3, the goal is to create a more balanced and democratic distribution of value. When a player’s actions contribute to the game’s popularity or functionality, they’re not just benefiting themselves, but also other players, content creators, and investors who hold tokens in that ecosystem.

The focus on growing the entire ecosystem stems from the belief that a rising tide lifts all boats. By fostering an environment where all participants have a vested interest in the success of the platform, Web3 aims to create more sustainable and engaged communities. This approach encourages long-term thinking and collaboration, as the success of individuals is directly tied to the success of the whole.

One of the things we’ve just done is launch our Mocaverse project, which is another effort that allows us to interact with a wider range of organizations in the field. We’re trying to do that in a different way with Mocaverse, but we also have a platform that’s not designed in the Web2 version of a platform, which means a walled garden, but it’s a platform in which anyone can collaborate with Microverse, whether you’re a brand with IP, a game, a DeFi protocol, it doesn’t matter, Mocaverse is a community, and we can find a way to work together with our Mocaverse community.

The Motorverse is an open ecosystem for racing games and motorsports founded on digital vehicle ownership. Motorverse, part of Animoca Brands, is a hub for motorsports and digital vehicles that connects gaming and motor enthusiasts through web3 technology. The hub currently offers 10 racing games and has licensed deals with top car brands like Nissan, Honda, and Toyota. Additionally, Motorverse is enhancing its blockchain features by integrating the interoperable governance token REVV.

The Motorverse is a location where you buy a car once, use it in a growing number of games, make a story about it, and then sell it. This is made feasible by blockchain technology, automotive standards, and our amazing licensors and producers.

Global Market of Artification (GMA) was the diamond sponsor at the The Global Blockchain Show, Grand Hyatt, Dubai. Artworks by renowned masters like Rubens and Rembrandt were featured at the event. With the inclusion of GMA, the event aimed to provide a platform for all emerging and established NFT artists to showcase their designs and art.

GMA, founded in Rome, specializes in providing NFT services via a one-of-a-kind tokenization experience, allowing for a new type of investment in world-renowned artworks. The program allows anyone to tokenize their artwork, including works by Caravaggio, Tiziano Vecelli, and Canaletto, and sell it as NFT on the blockchain while keeping the real piece of art. GMA advocates for art investment to be more accessible and democratic.

It provided this possible safe investment alternative, which promises to disrupt the market and signal a watershed point in the growth of the art market and tokenization, redefining what it means to invest in digital assets in the twenty-first century. GMA’s mission is to establish itself as a new reference in the art industry.

“We are the one and only platform which provides the tokenization of their ancient artworks. We transform their physical artwork into a valuable digital asset, ensuring that its legacy endures and remains undiminished by the passage of time,” said Gregorio Maiorano, Co-founder of GMA with Alberto Gomez Kasperson.