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Revealed: November 06, 2023 at 7:41 am Up to date: November 06, 2023 at 7:42 am
Edited and fact-checked:
November 06, 2023 at 7:41 am
In Temporary
Ray Chan, the co-founder and CEO of 9GAG, has introduced the launch of “Memeland,” a Net 3.0 artistic studio to revolutionize the best way creators and communities join inside the leisure business.
In a current media trade, Ray Chan, co-founder and CEO of 9GAG, a widely known Hong Kong-based social media platform and meme graphic web site, has underlined the golden interval that Hong Kong finds itself in for selling the event of Net 3.0-related know-how ecosystems.
Regardless of current unfavorable perceptions surrounding the JPEX case, Chan is bullish concerning the potential of blockchain know-how, significantly inside the leisure business, and is eager to emphasize that Net 3.0 encompasses extra than simply digital foreign money.
Throughout a media convention, Chan together with Adrian, Founder and Managing Accomplice of Newman Capital, unveiled 9GAG’s newest foray into this area, a Net 3.0 artistic studio known as “Memeland.” In keeping with the corporate, it isn’t a typical artistic studio. Quite, it goals to place itself as a “group firm” that seeks to develop and spend money on social merchandise designed to attach creators and communities.
Ray Chan highlighted Memeland’s core philosophy, which entails utilizing NFTs to construct a way of group, using tokens to appreciate decentralized worth, and finally serving the general public with progressive merchandise.
Goals for Prime Spot in Asia’s NFT Scene
By 2023, Memeland aspires to change into the premier NFT model in Asia and goals to safe a place among the many high three in world market capitalization rankings. This bold purpose underscores the rising potential and affect of Net 3.0 within the evolving panorama of on-line communities and the leisure business.
One distinguishing characteristic of Net 3.0, as emphasised by Ray Chan, is its departure from the standard mannequin that depends on customers investing cash to drive site visitors.
As an alternative, Net 3.0 focuses on the lively participation of the platform’s group members. The revolutionizing affect of applied sciences similar to Net 3.0, blockchain, and digital currencies can’t be understated, and Ray Chan believes that Hong Kong is well-positioned to be on the forefront of this technological transformation.
Adrian, from Newman Capital, provides that Hong Kong enjoys a big benefit due to the assist of the Better Bay Space. This benefit interprets into an abundance of expertise, capital, and customers important for the event of Net 3.0. Hong Kong’s worldwide market measurement, which is ten occasions that of Singapore, additional highlights its potential as a hub for Net 3.0 innovation.
With the launch of Memeland, 9GAG and Newman Capital purpose to propel Hong Kong’s innovation and management within the software of Net 3.0 and blockchain know-how.
They aspire to usher in new growth alternatives inside Hong Kong’s leisure business, finally contributing to town’s standing as a tech hub with world significance.
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Kumar is an skilled Tech Journalist with a specialization within the dynamic intersections of AI/ML, advertising and marketing know-how, and rising fields similar to crypto, blockchain, and NFTs. With over 3 years of expertise within the business, Kumar has established a confirmed monitor file in crafting compelling narratives, conducting insightful interviews, and delivering complete insights. Kumar’s experience lies in producing high-impact content material, together with articles, stories, and analysis publications for outstanding business platforms. With a novel ability set that mixes technical data and storytelling, Kumar excels at speaking complicated technological ideas to various audiences in a transparent and fascinating method.
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Kumar is an skilled Tech Journalist with a specialization within the dynamic intersections of AI/ML, advertising and marketing know-how, and rising fields similar to crypto, blockchain, and NFTs. With over 3 years of expertise within the business, Kumar has established a confirmed monitor file in crafting compelling narratives, conducting insightful interviews, and delivering complete insights. Kumar’s experience lies in producing high-impact content material, together with articles, stories, and analysis publications for outstanding business platforms. With a novel ability set that mixes technical data and storytelling, Kumar excels at speaking complicated technological ideas to various audiences in a transparent and fascinating method.