The Profitable Conclusion of InnoBlock 2024: Main Web3 Innovation to New Heights

InnoBlock 2024, the extremely anticipated summit, efficiently concluded at Singapore Expo Corridor 3 from September 16 to 17, 2024. Co-hosted by ABGA and BBS, with Think about Creation Combinator (ICC), DePIN X, Parasail, and Metis as co-organizers, the summit centered round Web3 innovation and targeted extensively on the longer term developments of Web3 functions. Bringing collectively blockchain leaders from over 20 nations, the occasion featured greater than 150 distinguished figures from main public chains, VCs, exchanges, media, communities, and famend initiatives within the Web3 area, who engaged in high-level discussions and in-depth exchanges. Below the theme “Builder-centered Innovation,” the summit coated a broad vary of subjects, from macro developments within the business to the event and development of the Web3 ecosystem. It aimed to discover the way forward for Web3, proposing new strategic concepts and technological instruments to gasoline innovation and drive the business’s progress ahead.

Based on statistics, the summit attracted over 6,500 attendees, making InnoBlock 2024 one of many largest facet occasions throughout Token2049. It had a profound impression on discussions and developments inside the Web3 business, bringing collectively elite representatives from numerous fields who delivered a wealthy array of keynote speeches and panel discussions. These classes offered in-depth analyses of Web3, decentralized applied sciences, and AI-driven improvements.

The summit featured two primary stages and an Open Stage. Over the course of two days, the agenda introduced 23 keynote speeches, 26 panel discussions, and three fireplace chats, protecting well-liked subjects equivalent to Web3, AI, GameFi, and DePIN. Under is a recap of the occasion’s highlights from each days.

September 16 Spotlight Overview

Keynote Overview:

• Robin Duan, CEO and Founding father of MetaY, in his speech “GenAI Video games & DePIN,” shared how generative AI and DePIN are reworking the gaming business. He notably highlighted the potential and scalability of AI-driven recreation improvement, emphasizing MetaY’s efforts to create extra immersive and decentralized gaming experiences utilizing these applied sciences.
• Veronica Wong, Co-founder and CEO of Safepal, in her speech “Understanding Web3 Customers in 2024: Evolving to Gasoline Business Adoption,” explored the evolving developments in Web3 consumer calls for for 2024, noting growing expectations for ease of use and comfort. She launched Safepal’s revolutionary options, equivalent to multi-chain wallets, which have quickly established the platform as a worldwide chief.
• Yawn, Co-founder of StepN/Discover Satoshi Lab, delivered a presentation titled “Make NFT Nice Once more, from STEPN to STEPN GO,” the place he analyzed the fluctuations within the NFT market, emphasizing NFTs’ essential function in connecting Web2 customers and enhancing Web3 venture experiences. He showcased the potential of NFTs via the success of STEPN GO.
• Una Wang, Founder and CEO of LingoAI, in her presentation “Harnessing AI from World Majority with DePIN and Web3.0,” launched how LingoAI makes use of multi-language AI corpora to guard endangered languages and allow real-time cross-language communication, making certain knowledge privateness and consumer advantages.
• David Jiao, CEO of Privasea, in his presentation “Construct Trustless Humanity by Combating the Bots,” emphasised the significance of safeguarding consumer privateness via absolutely homomorphic encryption know-how. He showcased how Privasea’s PoH know-how allows asynchronous verification and has established partnerships to increase its ecosystem.
• Patrick Colangelo, Founding father of Nesa, in his presentation “The Way forward for Decentralized AI,” explored the benefits of decentralized AI infrastructure. He launched how Nesa is dedicated to constructing a safe, personal, and decentralized future for AI via Layer-1 blockchain know-how.
• Kevin Shao, Govt Chairman of ABGA and Co-founder of ICC, in his presentation “ Develop the Devoted Incubator for Net Purposes,” mentioned methods to reinforce the consumer expertise of Web3 functions. He highlighted the important thing initiatives of ABGA and ICC in selling innovation in Web3 gaming.
• Justin Z, CEO and Co-founder of IXO Protocol, in his presentation “BeFi Meets DeFi: How Behavioral Finance Drives Mass Adoption in DeFi,” identified that BeFi can speed up the mass adoption of DeFi. IXO Protocol goals to leverage this to construct a human-centered monetary system.
• Jessica, CEO of MetaEra, shared learn how to tailor advertising and progress methods for Web3 companies in her presentation “The Modern Options for Progress within the Web3.0 Period.” She emphasised MetaEra’s distinctive benefits in adapting to modifications inside the Web3 business.
• Eddie Li, CEO of AEON, in his presentation “Key to Enabling Web3 Sport Monetization and Mass Adoption on TON,” showcased AEON’s efforts to redefine crypto funds on TON. He launched how seamlessly built-in cost options improve the consumer expertise and software situations of Web3 video games.

Panel Overview:

– Panel dialogue “Navigating the World Regulatory Panorama: Aligning Insurance policies for Crypto Innovation and Compliance,” was moderated by Nicholas Khoo, Chairman, Digital Media Funding Committee of N PrimePartners Capital. The panelists included Dan Dimitriu, Junior Accomplice at Deutsche Telekom Consulting; Alex, Compliance Resolution Director at Beosin; Krishna Ramachandra, Founding father of Authorized Insights; and George Yu, President of Uweb. The dialogue delved deeply into the disparities in cryptocurrency regulation throughout totally different areas globally, exploring methods to advertise innovation and enterprise enlargement amidst advanced compliance environments. Moreover, the panel mentioned the implications of CBDCs and stablecoin regulation on business innovation.

– The panel dialogue, “Bitcoin ETFs and Conventional Finance: Bridging the Hole,” was hosted by Alma Li, Founder & Accomplice at Techub Information. The panelists included Xu Yang, World Accomplice at Tiger Brokers; Thomas Zhu,  Head of Digital Belongings at China Asset Administration HK; Michael Chen, Head of HashKey Wealth; and Jess Lo, Co-Founding father of SoSoValue. The dialogue explored the function of Bitcoin ETFs in driving institutional funding and elevating Bitcoin’s place inside the conventional monetary system. It additionally delved into regulatory challenges and the prospects of crypto-based monetary merchandise.

– The panel dialogue, “When AI Embraces Web3 for Humanity,” was moderated by Professor Feida Zhu from the Singapore Administration College. The panelists included Jessie Chan, Vice President, Advertising at ParallelChain Lab; Nicholas La Noce, CEO of Aladdin; Glenn Tan, Accomplice at Blockchain for Good Alliance; and Eva Chen, Progress Lead at d.id. The dialogue showcased how the combination of AI and Web3 can drive social progress, promote sustainable improvement, and deal with international challenges, with a give attention to emphasizing the immense potential of technological innovation in creating constructive impacts for humanity’s future.

– The panel dialogue titled “Constructing the Spine of Bitcoin: Evolving Infrastructure for Scalability and Safety” was moderated by Enes, CMO of Castrum Capital. The panelists included Jonathan, Head of BD and Partnership of Merlin Chain; Hakan Sezikli, Co-founder of BEVM; Yuchen, COO of Bouncebit; and Dylan Kawalec, DevRel Lead at GOAT Community. The dialogue centered on the evolution of Bitcoin’s infrastructure, delving into how revolutionary applied sciences can deal with present scalability and safety challenges, thereby fostering the widespread adoption and future progress of Bitcoin.

– The panel dialogue titled “Fortifying Digital Belongings: Finest Practices for Safe Administration and Custody” was hosted by Linda Ang, Singapore Chapter Co-lead at Allstarswomen DAO. The panelists included Isabella Yu, Head of BD at Cobo; Blue, CTO of SlowMist; Robert McCracken, Ecosystem Lead at Alchemy Pay; and Spencer Yang, Core Contributor at Fractal. This insightful panel delved deep into the safety practices for digital asset administration in 2024, encompassing danger administration associated to hacker assaults, staking, and DeFi initiatives. Moreover, it explored the function of blockchain know-how in enhancing the safety of digital belongings.

– The panel dialogue titled “World Crypto Markets Overview: Navigating Regulatory Insurance policies, Market Tendencies, and Funding Alternatives” was moderated by Glenn Tan, Accomplice at Blockchain for Good Alliance. The panelists included Edward Wong, Accomplice at CGV; James Zhang, CEO of Jambo; Louis, Core Crew Member at BBS; and Gary Yang, Founding Accomplice of Eureka Group. The dialogue shared insights into the developments and regulatory insurance policies of the worldwide cryptocurrency market, exploring the differentiation amongst regional markets, the experiences of profitable initiatives, and methods for navigating cross-border rules.

– The panel dialogue titled “AI from World Majority” was hosted by Dr. James Ong, Founder and MD of Synthetic Intelligence Worldwide Institute. The panelists included Dr. Eric Tan from the Infocomm Media Improvement Authority; Brandan Ong of AI Singapore; Dr. Jun Zhao from Nanyang Technological College, and Henry Wang, Founder & CEO of SmartMesh/World Web3 Alliance. The esteemed company delved into the difficulty of uneven improvement in AI know-how and highlighted the potential of Web3 in bridging the digital divide and selling advantages for the worldwide majority. They referred to as for the democratization and inclusive improvement of technological sources.

– The panel dialogue titled “The Convergence of AI and Crypto: Unlocking New Frontiers in Decentralized Intelligence” was moderated by Tianyi Wu, Editor at Dethings. The panelists included Calanthia Mei, Co-Founding father of MASA; David Jiao, CEO of Privasea; Jimmy, CEO and Co-Founding father of ZBX/GhostDrive; and Dr. Harry Yang, Founding father of Nesa. The dialogue centered on how the combination of AI and blockchain improve transparency and compliance, whereas additionally providing insights into the longer term developments of decentralized know-how.

– The panel dialogue titled “Belongings and Infrastructure: Exploring the Intersection of DePIN and Actual-World Belongings in Web3” was hosted by Ray Li, Director of XPIN. The panelists included Kingsley Advani, Founder and CEO of ALLO; David Tang, Director of ATT World; Sharlok, Co-Founding father of DepinMall; and Lee Kai Yang, CEO of DMZ. The dialogue centered on the applying of Web3 know-how within the tokenization and administration of real-world belongings, inspecting the technical challenges of the DePIN community and its potential impression on conventional markets. Moreover, the panelists delved into the essential components that may drive the broader adoption of Web3 know-how.

– The panel dialogue titled “Bridging CeFi and DeFi: Alternatives and Challenges in CeDeFi Integration” was moderated by Justin Wu, CMO of Anzen Finance. The panelists included Han Liu, CEO of BitFi; Calvin Ng, Common Accomplice at Plutus.VC; Gary, Founding Accomplice of Eureka Group; and Veronica Buron, BD Lead – Client at Eclipse. The dialogue delved deeply into the alternatives and challenges of integrating CeFi and DeFi, exploring how CeDeFi combines conventional finance with decentralized innovation. Key issues when it comes to regulation, consumer expertise, and safety had been coated, offering a transparent course for the longer term improvement of the monetary ecosystem.

– The panel dialogue titled “Unlocking the Potential of the TON Ecosystem” was led by Cyber Younger, Co-founder of Copilot Enterprise Studio. The panelists included Ricky Wong, Co-Founding father of Catizen; Yuki, HK Hub Lead of Ton Society; and Daniel, CEO of OpenAD Protocol. They explored the potential of the TON ecosystem, notably within the context of liquidity administration, value discovery, and international regulatory shifts. The dialogue additionally emphasised the challenges of consumer acquisition throughout totally different areas and the importance of localization methods for the event of TON.

– The panel dialogue titled “Challenges and Methods for Main Crypto Exchanges” was moderated by Adel, Co-founder of Pika. Panelists included Tim, Funding Director at Gate Labs; Forest Bai, Founding father of Foresight Ventures; Jason Liu, VP of Itemizing at HashKey Group; and Robert MacDonald, Chief Authorized & Compliance Officer at Bybit. The dialogue delved into the methods employed by main crypto exchanges in managing liquidity, adapting to international regulatory modifications, and addressing safety challenges. Moreover, the panelists supplied insights into the essential function that exchanges will play in shaping the way forward for the cryptocurrency market.

Fireplace Chat Overview:

• The hearth chat titled “Charting the Course within the Age of Web3” was hosted by Feida Zhu, Professor at Singapore Administration College, with Siwei Shen, Senior Director of Engineering Blockchain Platform at Coinbase. They dived into Coinbase’s function within the Web3 ecosystem, exploring the challenges of scaling blockchain platforms and the revolutionary options driving the way forward for decentralized know-how.
• The hearth chat “Web3 + Gaming = 1 Billion Crypto Customers” was moderated by Gareth Jenkinson, Managing Editor at Cointelegraph, with visitor Yat Siu, Co-founder & Chairman of Animoca Manufacturers. Yat Siu offered in-depth insights into the evolution of Web3 gaming and the present state of the market. He targeted on how improvements equivalent to recreation economies, decentralized possession, and NFTs can drive the adoption of 1 billion crypto customers, reshaping the gaming business and consumer expertise.

September 17 Spotlight Overview

Launch Ceremony of Metis & ABGA Collaboration: GameFi Quantum Leap Accelerator Program in Partnership with Google Cloud:

At 10:50 a.m. on September 17, the Web3 gaming accelerator program, GameFi Quantum Leap, was formally launched at InnoBlock 2024. The initiative is the collaboration between Metis and ABGA, in partnership with Google Cloud. Metis CEO Tom, ABGA Govt Chairman Kevin Shao, and Google Cloud Web3 Resolution Architect Eefy Lin attended the launch ceremony, marking this vital milestone.

The GameFi Quantum Leap Accelerator Program, lasting 6 to 12 months, goals to incubate 12 startup initiatives, offering a full spectrum of companies, together with technical help and market methods. This initiative is designed to help seasoned Web2 groups in coming into the blockchain and GameFi sectors by providing strategic steerage, core sources, and a devoted fund of as much as $10 million. This system seeks to foster innovation and drive long-term success within the Web3 area.

Keynote Overview:

– Roma Nebo, Founding father of GhostDrive, in his presentation “Redefining Knowledge Privateness with Decentralized Storage – GhostDrive,” launched how GhostDrive leverages decentralized storage on the Filecoin community to reinforce knowledge privateness and safety, whereas additionally boosting consumer engagement.

– Aleksander Larsen, Co-founder and COO of Sky Mavis/Ronin, in his speech “Why Ronin Community is the Perfect Place to Launch a Blockchain Sport,” analyzed Ronin’s benefits in supporting blockchain recreation improvement, showcasing its scalable options for recreation design and builders.

– Nicolas, COO of InitVerse, in his presentation “Fats Protocols to Fats Apps,” mentioned the development of shifting from blockchain protocols to user-experience-centered functions. He launched how InitVerse simplifies the event and deployment of DApps for Web3 enterprises, driving mainstream software adoption.

– Sebastien, Co-founder and COO of The Sandbox, in his presentation “How Manufacturers & Creators Are Co-building the Open Metaverse,” shared how manufacturers are participating with customers in digital worlds, highlighting The Sandbox’s platform benefits and improvements in digital experiences.

– Alan Kin, VP of Infinitar, in his presentation “Infinitar: Making a New MOBA GameFi Metaverse,” shared the present state of the Web3 gaming business and introduced Infinity World’s imaginative and prescient of constructing an open gaming ecosystem that connects gamers and communities.

– Shriyank Khobragade, Head of BD at Gamp, in his speech “Unlocking the Potential of Web3 Gaming: Methods for Person Acquisition,” shared how Gamp attracts numerous Web2 gamers into the Web3 gaming area via an revolutionary platform, addressing the shortage of Esports infrastructure.

– Nancy Liu, CEO and Co-founder of Yeeha/GGI, in her speech “Yeeha!: Constructing the Epic Video games of Web3,” explored how Yeeha is constructing an AI-driven cross-chain gaming ecosystem, serving to builders deal with technical and operational challenges whereas driving the adoption of Web3 gaming.

– Elena Sinelnikova, Co-founder of Metis, in her presentation “The Way forward for GameFi Quantum Leap,” launched Metis & ABGA Collaboration: GameFi Quantum Leap Accelerator Program in Partnership with Google Cloud, showcasing this system’s function in helping Web2 recreation builders in making a profitable transition to Web3.

Panel Overview:

• The panel dialogue titled “Transformation of Gaming Guilds” was moderated by Louis, Core Crew Member of BBS. Becoming a member of him as panelists had been Beryl, Co-Founding father of Yield Guild Video games; Brendino, Co-Founding father of Avocado DAO; Zane Nguyen, Core Contributor at Ancient8; and Equipment, Co-Founding father of Zentry. The dialog delved into the evolutionary pathways of blockchain gaming guilds, transitioning from their early Play-to-Earn (P2E) fashions to extra intricate enterprise methods. The company shared insights on the paramount significance of collaboration between guilds and recreation builders, in addition to their views on the longer term trajectories of this sector inside the Web3 gaming panorama.
• The panel dialogue entitled “Advancing Public Blockchain Infrastructure: Technological Improvements and Strategic Instructions” was moderated by Tracy, Co-Founder and CMO of Followin. Panelists included John, Head of Neo Eco Progress; Sarah S,  APAC BD Lead at BNB Chain; Kyle Lee,  Head of Company Improvement at Kaia; and Mingshi S., Head of DeFi at Soneium. The dialogue centered round technological developments and strategic orientations for public blockchain infrastructure, exploring the steadiness between Layer 1 and Layer 2 options, cross-chain interoperability, and their implications on the longer term improvement of blockchain know-how.
• The panel dialogue titled “From Bitcoin to Broader Crypto: How VCs are Driving Innovation and Progress within the Blockchain Area” was hosted by Josephine Nguyen, COO of K300. Taking part company included Jademont, Co-Founding father of Waterdrip Capital; Leo Deng, Accomplice at LK Enterprise; and Lily Zhang, Co-founder of D11-Labs. The dialogue delved into the funding potential inside the Bitcoin ecosystem, with panelists sharing essential analysis standards in blockchain investments. Moreover, they explored how enterprise capitalists are fostering innovation and progress in initiatives via strategic help and investments inside the blockchain area.
• The panel dialogue titled “From Idea to Actuality: Key Success Components for Web3 Gaming Initiatives in a Aggressive Panorama” was moderated by Anndy, Finest-Promoting Guide Creator and Intergovernmental Blockchain Advisor. Taking part company included Arron Goolsbey, COO of Legendary Video games; Florence, COO of MataY; Ricky Wong, Co-Founding father of Catizen; JT, Advertising Lead at Seraph; and Alex S, Head of Eco Progress at GGI. The dialogue explored the pivotal success components for Web3 gaming initiatives amidst a aggressive surroundings, encompassing workforce power, revolutionary ideas, and financial fashions. Moreover, the panelists mentioned the development of TON mini-apps in gaming and their impression on consumer acquisition and retention.
• The panel dialogue titled “Navigating Funding Methods in Web3 Gaming” was led by JT, Accomplice at IVC. Taking part company included JACL, Head of Gaming Analysis at Delphi Digital; FD, Founder and GP at Gam3Girl Ventures; and Takashi Hayashida, Common Accomplice at Taisu Ventures. The dialogue analyzed the developments and challenges of the Web3 gaming market from an investor’s perspective, exploring the importance of token economics, neighborhood dimension in funding decision-making, and the impression of future developments on funding methods.
• The panel dialogue titled “Constructing and Scaling Gaming Ecosystems on Public Blockchains: Challenges, Improvements, and Future Instructions” was moderated by Alex Cooper, North America CEO of Footprint Analytics. Taking part company included Dylan Kugle, Ecosystem Lead at Starknet Basis; Jason Lim, World Gaming Lead at Sei Basis; Shubham Bhandari, Head of Ecosystem at Manta; and Malcolm, BD Lead SEA at Immutable. The dialogue centered round methods for establishing and increasing gaming ecosystems on public blockchains. The panelists supplied essential recommendation and delved into the impression of blockchain technological developments on the longer term improvement of Web3 gaming.
• The panel dialogue titled “Way forward for Play: Breaking Down Limitations Between Web2 and Web3 Video games” was moderated by Avin, Co-Founder and CEO of Disco.xyz, and featured panelists together with Tom, CEO of Metis; Eefy Lin, Web3 Resolution Architect at Google Cloud; Dreamer, President of DeFi Kingdoms; and Ben Jones, Advertising Lead at Area of Religion. The dialogue explored the seamless integration of Web2 and Web3 gaming parts, with the panelists sharing how collaboration and technological innovation are creating new alternatives within the gaming business, providing invaluable insights into the potential of the longer term gaming ecosystem.

Fireplace Chat Overview:

The hearth chat “The Origins of Bitcoin: From the Genesis Block to At the moment’s World Phenomenon“ featured Jack Kong, Founding father of Nano Labs, and Kevin Shao, Govt Chairman of ABGA. These two Bitcoin pioneers mirrored on the extraordinary journey of Bitcoin, from its genesis block to changing into a worldwide monetary phenomenon. They delved into its key milestones, challenges, and the way Bitcoin is shaping the way forward for decentralized finance. This dialog not solely revisited the historical past of Bitcoin but in addition explored its ongoing impression on the worldwide monetary system.

Airdrop Demoday

Airdrop Demoday came about on the seventeenth on the summit’s Open Stage, the place 19 collaborating initiatives showcased their artistic demos and actively engaged with the viewers via airdrop actions. This considerably enhanced attendee engagement and general expertise. Demoday not solely offered an environment friendly platform for venture promotion but in addition facilitated exact connections between venture groups and traders. As well as, three VC panel discussions had been interspersed all through the Airdrop Demoday, providing individuals direct entry to top-tier funding establishments.

Interplay Actions – Miss Universe Singapore InnoBlock Tour and Cosplay Exhibition

A notable spotlight of the summit was the viewers interplay actions, which showcased the revolutionary fusion of Web3 and up to date tradition. The dazzling Miss Universe Singapore InnoBlock Tour supplied a visible feast that captivated the viewers, whereas the artistic costumes within the Cosplay exhibition attracted many attendees, making it a preferred spot for interplay and photograph alternatives. These thoughtfully designed actions not solely enriched the general summit expertise but in addition demonstrated the potential for Web3’s revolutionary functions inside trendsetting tradition.

With this, the two-day occasion got here to a profitable shut. Attendees engaged in profound and visionary discussions centered on Web3 technological innovation, future developments, and ecosystem constructing, sparking quite a few moments of inspiration for the business. We lengthen our honest gratitude to all of the individuals, audio system, and companions for his or her great help, which collectively made InnoBlock 2024 a forward-looking and extremely impactful platform for collaboration.

Particular thanks go to this summit’s Gold Sponsors: Gamp, Seraph, Privasea, GhostDrive, Promoting Time Token (ATT), and Infinitar; Silver Sponsors: Footprint Analytics, D’islands, InitVerse, XPIN Community, Alchemy Pay, SafePal, MetaY, Seed.Photograph, Pika, Allin Change, IXO Protocol, JoinCare, AEON, Mumubit, IBIT, Nesa, Moomoo Monetary Singapore, XenoBunny, Halfwish, Alien, Beosin, PING, and Mbit Pockets; AI Exhibition Zone Sponsors: DeepBrain Chain, DeepLink, DecentralGPT, DRCPad, DBC Capital, and DeepAITalk; Strategic Accomplice: MetaEra; Ecosystem Accomplice: Web3Labs; Main Media Accomplice: Dethings; Cloud Accomplice: Google Cloud; AI Guiding Organizations: LingoAI and Web3 Alliance (W3A); Supporting Companions: Polaris Advertising, Eurasia Blockchain, TONSquare, DuckChain, Crydit, Digitalabs, and Synthetic Intelligence Worldwide Institute (AIII); in addition to all of the media and neighborhood companions.

Wanting forward, ABGA and BBS are optimistic that the achievements of this summit will proceed to propel the Web3 sector ahead, fostering collaboration between international innovators and business leaders to drive vital progress. We eagerly anticipate the chance to assemble once more on the subsequent summit and additional advance the way forward for Web3 innovation collectively.

About ABGA

ABGA is a groundbreaking membership centered round Web3 gaming, backed by famend establishments inside the Web3 business. By harnessing the collective power of the Asian gaming business, we aspire to forge a promising future for the worldwide Web3 gaming sector.

Web site: https://www.abga.asia/

X (Twitter): https://x.com/ABGAasia

About BBS

BBS.NYC is a blockchain convention group primarily based in New York, specializing in crypto and cutting-edge know-how. We’re devoted to offering entrepreneurs, traders, builders, policymakers, media, and business lovers with an inclusive platform for sharing concepts, lowering data gaps, exploring potential alternatives, and accelerating international technological developments.