Tag Archives: bybit

Bybit Talks — Anndy Lian’s Vision for Web3

Bybit Talks — Anndy Lian’s Vision for Web3

The AAAI 2023 Inaugural Summer Symposium served as a dynamic platform for industry experts to converge and explore the horizon of technological transformation. Against this backdrop, Anndy Lian’s thought-provoking perspective resonated, shedding light on the intricate challenges and promising potential that Web3 brings to the forefront. Lian’s incisive quote, “Revenue is one of the factors that is really stopping Web2 companies from fully embracing Web3. The other factor is governance,” sparked profound discussions that unveiled the transformative journey ahead.

 

Revenue Challenge: Web2’s Dilemma in Embracing Web3

Web2 companies have long thrived on advertising and traditional revenue models. Lian’s observations poignantly highlight the clash between these models and the decentralized nature of Web3. The uncertainty surrounding revenue generation in a decentralized ecosystem poses a significant obstacle for companies looking to transition. But rather than dwelling on the hurdles, it would be more productive for Web2 companies to consider the solutions. By incorporating blockchain-based systems, tokenization, and NFTs, companies can not only find reliable sources of revenue, but also ensure that profits are tied to the overall growth and success of the community.

 

Governance: Web2’s Centralization vs. Web3’s Decentralization

Governance, a cornerstone of the Web3 narrative, surfaces as another pivotal aspect. Lian’s acknowledgment of the evolution from Web2’s centralized decision-making to the decentralized ethos of Web3 resonates strongly. He strikes a chord by noting the current discrepancies between ideals and implementation. Yet, Lian offers a visionary outlook by introducing the concept of Web4, a realm guided by a fusion of blockchain consensus and AI. This harmonious blend could bridge the gap and accelerate the transition towards true decentralized governance.

In conclusion, while the journey from Web2 to Web3 may present challenges, the potential rewards are immense. The decentralized ethos of Web3 empowers users, fosters innovation, and creates an environment where creativity and collaboration flourish. The revenue and governance challenges that Web2 companies face are not insurmountable roadblocks, but rather opportunities to redefine how businesses interact with their users and communities. As we collectively work toward a Web3 future, we must recognize that the current challenges are stepping stones to a more decentralized, inclusive, and prosperous digital world.

 

Source: https://blog.bybit.com/en-US/post/bybit-talks-anndy-lian-s-vision-for-web3-bltb37b72da181991f5/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Bybit and Oracle Red Bull Racing Introduce The Velocity Series

Bybit and Oracle Red Bull Racing Introduce The Velocity Series
Bybit, the world’s third most visited cryptocurrency exchange, is delighted to introduce the Velocity Series, an unprecedented collaboration between Bybit, Oracle Red Bull Racing, and renowned digital artists. This initiative will merge art and racing by creating unique digital collectibles inspired by race team data and telemetry from the RB19 F1 car.
The Velocity Series represents the first-ever collaboration between an F1 team and a star-studded lineup of digital artists. These artists have all achieved remarkable success, and have been universally praised by creators and collectors alike for their exceptional talent. The series starts with Rik Oostenbroek, a renowned Dutch artist known for his dynamic shapes and abstract forms across a multi-disciplinary approach.
Curated in collaboration with AOI, a foundation for emerging art and technology, the series consists of four releases coinciding with the Dutch, Japan, United States, and Abu Dhabi Grand Prix throughout the 2023 Formula 1 season (specific drop dates may be subject to change). Each release features a range of NFT collections, including a limited-edition NFT collection exclusively accessible to holders of the Velocity Pass, and a publicly available open-edition sale.
The first of its kind by a motorsport team, the Velocity Pass is a dynamic work of art that will evolve over the course of the season. The pass is also a premium NFT that grants art enthusiasts front-row access to the ongoing narrative of the Velocity Series, providing its holders with a wide range of utilities.
At each of the four Velocity Series releases, pass holders can participate in a holder-exclusive NFT sale to secure digital masterpieces by the featured artists. Pass holders will also receive a complimentary open-edition NFT at each of the four releases, adding extra value to their collection. Moreover, pass holders will gain access to Oracle Red Bull Racing experiences, and chances to win rare prizes from Oracle Red Bull Racing and Bybit.
Head of Fan Engagement from Oracle Red Bull Racing, Caroline Buckland said, “We are extremely excited about teaming up with Bybit and this group of hugely talented artists for the Velocity Series. The NFTs released as part of the series are limited editions and truly capture the essence of the Team’s prowess and progressive performance. Each collection is unique to the artists’ particular style, making them highly sought after by collectors and fans.”
“As long-term and strategic partners, Bybit and Oracle Red Bull Racing are excited to launch the Velocity Series, which brings together the creative talents of some of the world’s best digital artists with cutting-edge technology, enabling us to leverage our respective strengths and further advance our position in the rapidly-evolving Web3 era,” said Anndy Lian, Head of Partnerships at Bybit. “The Velocity Series represents a unique opportunity to engage with our customers and fans, and we are excited to empower even more creativity through this collaboration.”
This collaboration showcases the intersection of cutting-edge innovation and creative expression, offering a unique opportunity for art enthusiasts, collectors, and racing fans to engage with this unique fusion of art and racing data.
For more information and updates about the Velocity Series, please visit Bybit’s official website.
Connect with Bybit on social: Twitter | Instagram | Facebook | YouTube | LinkedIn | TikTok | Reddit

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

BYBIT AND ORACLE RED BULL RACING INTRODUCE ‘VELOCITY SERIES’, A GROUNDBREAKING DIGITAL ART COLLABORATION

BYBIT AND ORACLE RED BULL RACING INTRODUCE ‘VELOCITY SERIES’, A GROUNDBREAKING DIGITAL ART COLLABORATION
DUBAI, United Arab Emirates, 24 Jul, 2023 — Bybit, the world’s third most visited cryptocurrency exchange, is delighted to introduce the Velocity Series, an unprecedented collaboration between Bybit, Oracle Red Bull Racing, and renowned digital artists. This initiative will merge art and racing by creating unique digital collectibles inspired by race team data and telemetry from the RB19 F1 car.
The Velocity Series represents the first-ever collaboration between an F1 team and a star-studded lineup of digital artists. These artists have all achieved remarkable success, and have been universally praised by creators and collectors alike for their exceptional talent. The series starts with Rik Oostenbroek, a renowned Dutch artist known for his dynamic shapes and abstract forms across a multi-disciplinary approach.
Curated in collaboration with AOI, a foundation for emerging art and technology, the series consists of four releases coinciding with the Dutch, Japan, United States, and Abu Dhabi Grand Prix throughout the 2023 Formula 1 season (specific drop dates may be subject to change). Each release features a range of NFT collections, including a limited-edition NFT collection exclusively accessible to holders of the Velocity Pass, and a publicly available open-edition sale.
The first of its kind by a motorsport team, the Velocity Pass is a dynamic work of art that will evolve over the course of the season. The pass is also a premium NFT that grants art enthusiasts front-row access to the ongoing narrative of the Velocity Series, providing its holders with a wide range of utilities.
At each of the four Velocity Series releases, pass holders can participate in a holder-exclusive NFT sale to secure digital masterpieces by the featured artists. Pass holders will also receive a complimentary open-edition NFT at each of the four releases, adding extra value to their collection. Moreover, pass holders will gain access to Oracle Red Bull Racing experiences, and chances to win rare prizes from Oracle Red Bull Racing and Bybit.
Head of Fan Engagement from Oracle Red Bull Racing, Caroline Buckland said, “We are extremely excited about teaming up with Bybit and this group of hugely talented artists for the Velocity Series. The NFTs released as part of the series are limited editions and truly capture the essence of the Team’s prowess and progressive performance. Each collection is unique to the artists’ particular style, making them highly sought after by collectors and fans.”
“As long-term and strategic partners, Bybit and Oracle Red Bull Racing are excited to launch the Velocity Series, which brings together the creative talents of some of the world’s best digital artists with cutting-edge technology, enabling us to leverage our respective strengths and further advance our position in the rapidly-evolving Web3 era,” said Anndy Lian, Head of Partnerships at Bybit. “The Velocity Series represents a unique opportunity to engage with our customers and fans, and we are excited to empower even more creativity through this collaboration.”
This collaboration showcases the intersection of cutting-edge innovation and creative expression, offering a unique opportunity for art enthusiasts, collectors, and racing fans to engage with this unique fusion of art and racing data.
For more information and updates about the Velocity Series, please visit Bybit’s official website or follow Bybit and Oracle Red Bull Racing on social media platforms.
#VelocitySeries #RedbullRacing #BlockchainArt

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j