NFT conference to explore monetizing digital assets in Web3 era

NFT conference to explore monetizing digital assets in Web3 era

NFT 2023 Seoul Conference is scheduled to take place on Friday at Coex in southern Seoul to explore the interplay between non-fungible tokens, digital assets such as art and the Web3 framework that enables new decentralized digital asset marketplaces.

The event will be organized by The Korea Herald, the nation’s largest English daily, together with ArtToken, an NFT-based art marketplace, and Seoul-based Soongsil University. Other key partners include Crypto.com, Blockchain Today and Blooming Beat.

NFTs offer industries, creators and artists a new approach to authenticate, sell and manage digital assets. Within the Web3 environment, where decentralized platforms play a pivotal role, NFTs provide a secure means to verify and trade digital assets.

Across 14 sessions divided into three parts, domestic and international specialists in blockchain, Web3, security token offerings, or STOs, and intellectual property will discuss the latest trends, how businesses are innovating in the decentralized space, the global standing of STOs – a token-based fundraising mechanism – and what the future might hold for domestic regulations on virtual assets.

The first session, titled “The Web3 Era, Directions and New Possibilities of NFTs,” will begin with a keynote from Patrick Yoon, CEO of Cyrpto.com Korea, addressing future directions of the Web3 era. Choo Seon-woo, CEO of iStaging Asia, will discuss how high-value properties can be monetized and secured digitally under “Luxury IP.” Concepts of the metaverse will be presented by Park Min-woo, CEO of Galaxy Corp., while Shin Young-sun, CEO of Hello Web3, will detail the relationship between NFTs and Web3. Kim Min-suk, CEO of T-Max Metaverse, will cover “Web3 Business Through Super Apps.”

The second session, titled “The Utilization and Role of NFT Art in the Future Art,” Cha In-hyuk, former CEO of CJ Olive Networks, will address the role of artificial intelligence in art. Mariko Nishimura, co-founder of Heart Catch, is to examine technology’s impact on art. Aleksandra Artamonovskaja, partnership lead of Joyn.xyz, will discuss decentralized art creation and curation. Investment perspectives in NFT-based art will be presented by Anndy Lian.

The third session, “Current Status of the Domestic STO Market and Industry-Specific STO Strategies,” will have Lee Young-jae, senior executive of Mirae Asset Securities, discussing the regulatory advantages of STOs that offer greater investor protections compared to certain other digital assets. Then Professor Jang Hui-su of Soongsil University will share STO case studies from Japan and the US. Lee Dong-guk, a partner attorney at Dongin Law Firm, will talk on the legalities of virtual assets.

For further details on the event, including the schedule and ticketing, interested individuals can visit nft2023seoul.com.

 

 

Source: https://www.koreaherald.com/view.php?ud=20230828000542

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”.

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TMRW Conference Dubai: NFT in 2023 should be about utility and not (only) collectability

TMRW Conference Dubai: NFT in 2023 should be about utility and not (only) collectability

NFTs or non-fungible tokens have been creating a buzz in the crypto world lately. The world of NFTs is constantly evolving, and many are wondering what the future holds for them. Should they be about collectibility, utility, or both? This was the topic of discussion in a recent panel that featured some well-known faces in the NFT space.

The panel, moderated by Jenny Zheng, brought together experts who shared their experiences and insights on the future of NFTs. The panelists included DaVinci Jeremy. DaVinci Jeremy stressing that people needed to understand the underlying technology before investing in it.

Anndy Lian recalled how he had predicted that NFTs would become the next big thing in August 2020 when the market was valued at a quarter of a million dollars in volume per day. He believes that NFTs are not just a way to purchase art or collectibles but also a way to connect with communities and make them feel like they are part of the artwork.

Stephanie Bretonniere believes that NFTs hold the key to bringing more impact to organizations. She thinks that there are different use cases for NFTs, and the ones that bring utility are the most interesting. She believes that NFTs can be used to break down silos in organizations and create more efficiencies.

Mate Tokay shared their experience, stating that they used to work for a private NFT marketplace, but now work for Web 3, which is similar. They mentioned that when NFTs first started, they were mostly about collectibles such as PFPs (profile pictures) and art, but now we are seeing more NFTs with utilities.

NFTs will likely experience a transformation in focus from solely collectability to utility. Although NFTs have recently become popular as a means of owning unique digital assets, their potential applications extend far beyond collecting and trading.

The advent of NFTs has the power to spark a paradigm shift across numerous industries by enabling validation of ownership, genuineness, and exclusivity for digital assets. Take the gaming industry, for instance. NFTs can be utilized to represent in-game assets, including weapons, skins, and characters, providing a new level of authenticity and scarcity.

In addition, the art industry can leverage NFTs to authenticate the ownership of digital artwork, ensuring its originality and uniqueness. Beyond these applications, NFTs can be employed for digital identity verification, allowing individuals to establish their identity and ownership of personal data without relying on centralized authorities.

NFTs also have the potential to revolutionize digital contracts by providing secure and immutable records of agreements. These novel use cases of NFTs can create new business models and generate fresh opportunities across multiple sectors.

By shifting the focus to utility, the complete potential of NFTs can be realized beyond their current use as collectible digital assets. The implications of NFTs extend far beyond the hype and hold the key to unlocking new possibilities in the digital landscape.

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”.

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Anndy Lian’s Keynote Speech at TMRW Conference Dubai: Web4, A New Way to Decentralise

Anndy Lian’s Keynote Speech at TMRW Conference Dubai: Web4, A New Way to Decentralise

Decentralised cryptocurrency, a digital currency that operates independently of a central bank or authority, is a concept that has revolutionized the financial world. Transactions are recorded on a public digital ledger, such as a blockchain, and verified by a network of users rather than a single centralized institution. This innovative and decentralised structure allows for increased transparency, security, and autonomy in financial transactions.

But decentralisation is not limited to just cryptocurrency. When we talk about decentralisation, the term web3 often comes up. Web3, also known as the decentralised web or “Web3.0,” is a visionary concept for the future of the internet in which power and control are distributed among users rather than concentrated in a small group of companies or organizations.

The central concept of web3 is decentralisation, which aims to allow users to control their own data and identity, as well as giving them more control over the apps and services they use. It is also thought to have the potential to create new business models and economic opportunities.

Jack Dorsey, co-founder and former CEO of Twitter, Inc., mentioned that web3 is not necessarily decentralised, and I completely agree with his comments. The reality is that the concept of decentralisation is complex and nuanced, and we must continue to explore its potential and limitations in the context of the evolving digital landscape.

We need something more decentralised. My suggestion to this is “Web4”. Web4, or what some refer to as the second generation of the decentralized web, envisions a future internet where power and control are spread across users instead of a select few companies or organizations. Rather than relying on centralized servers and data storage, web4 would utilize cutting-edge decentralized technologies such as blockchain and peer-to-peer networks to create an internet that’s more transparent, secure, and open. With this, users can enjoy greater data privacy, censorship resistance, and ownership of digital assets.

At the heart of web4 is decentralization, which empowers users to manage their data and identity while providing more control over their apps and services. The potential for web4 goes beyond mere convenience and opens doors to new business models and economic opportunities. Furthermore, web4 is intertwined with the burgeoning field of AI, which can complement its decentralized nature in various ways. Think decentralized AI, Federated Learning, Privacy-Preserving AI, Blockchain-based AI, and AI-driven scalability. The possibilities are endless!

Artificial intelligence (AI) could potentially play a crucial role in realizing this vision. Here are some tantalizing possibilities of how Web4 and AI could interact: First up, decentralized AI. Web4 aims to decentralize control on the internet, and that could be applied to AI as well. Decentralized AI systems would enable more distributed decision-making and prevent a single entity from having too much power over AI systems. Talk about leveling the playing field!

Then there’s Federated Learning. Web4 is all about making different technologies and platforms work together seamlessly. Federated learning, a technique where multiple devices, like smartphones, work together to train a shared AI model, could be a perfect fit for Web4. Who knew that smartphones could be such a powerful force for good?

And let’s not forget about Privacy-Preserving AI. Web4 is all about providing users with increased security and privacy. Privacy-preserving AI, which protects users’ data privacy while still allowing for useful AI models to be trained, is the perfect solution to achieve this goal.

Last but not least, we have AI-driven scalability. Web4 aims to handle more data and users by using blockchain technology and sharding concepts, which allows for faster processing of transactions. Deep learning techniques can also be used to optimize the scalability of the network. It’s all about being able to handle more, faster.

As you can see, the potential for Web4 and AI to work together is truly mind-boggling. We can’t wait to see what the future holds!

“I believe in decentralisation. Web4 could be the next big movement.” – Anndy Lian

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”.

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