Experts Speak: Leaders’ take on AI, inclusion, and innovation

Experts Speak: Leaders’ take on AI, inclusion, and innovation

We spoke to industry leaders and experts on what’s current with AI, data, and innovation, and focused on gaining advice from women on leadership in tech last month. Here are some key snippets from those interviews.

As we wrapped our monthly theme for March, focused around women in technology, we gathered varied insights from IT experts and leaders on the state of female leadership in tech, what inspires inclusion for them the most, and
highlighted their advice on how women can create strong careers in IT.
Apart from this focus, we also interviewed various industry leaders on a multitude of current conversations such as creating a culture of data privacy, newer Al qualms on accountability and trust, leveraging Al in the insurance and CX space, and innovation in payments and trade.
Here’s what they shared.

 

 

 

Source: https://ciosea.economictimes.indiatimes.com/news/strategy-and-management/leaders-leverage-opinions-on-ai-inclusion-and-innovation/108962922?utm_source=top_story&utm_medium=homepage

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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“NFTS ARE NOT DEAD”: EXPLORING BYBIT’S ANNDY LIAN’S TAKE

“NFTS ARE NOT DEAD”: EXPLORING BYBIT’S ANNDY LIAN’S TAKE

While NFTs have been the subject of both hype and skepticism, Head of Partnerships for ByBit, Anndy Lian, has taken a positive view of the current landscape. In a recent article, Lian dismantles the notion that the NFT market has reached its end. Contrary to popular belief, he argues that NFTs serve as a catalyst for a new era of creativity and financial accessibility.

Emerging Trends

To start with, Lian references the market’s rise to a $10.7 billion total market cap in 2021 and its subsequent fall. He points out that despite this downturn in the market, several promising trends are taking shape. For example, generative artwork allows users to mint unique digital art pieces through algorithms or computer programs. Projects like Art Blocks and Otherside have already made strides in this space.

He also highlights the idea of fractionalizing high-value collectibles. This involves breaking down a rare or expensive NFT into smaller, tradable portions. According to Lian, this approach expands access and investment opportunities in high-value NFTs for a broader audience.

Furthermore, established companies like Coca-Cola and Marvel are entering the NFT sphere by creating digital collectibles or collaborating with existing NFT communities. “This shows the growing mainstream recognition and adoption of NFTs as a new form of digital expression and engagement,” says Lian.

Lian’s latest project, the Velocity Pass, demonstrates how NFTs can evolve over time. Limited to 1,000 pieces, each new drop of this NFT series reflects the developments in Oracle Red Bull Racing’s RB19 race car and the Formula One World Championship. The project features artwork from collaborating artists such as Rik Oostenbroek, Per Kristian, and Erick “Snowfro” Calderon.

Beyond Art and Collectibles

According to Lian, the transformative power of NFTs extends well beyond the realm of art. They have the potential to revolutionize our understanding of ownership and property rights. He asks us to “Imagine a world where disputes over ownership are virtually nonexistent, where property rights are as secure as the blockchain itself.” In addition to artwork, these changes could affect various sectors like real estate and intellectual property.

Anndy Lian presents a compelling case for the ongoing relevance and transformative potential of NFTs. Despite market fluctuations, emerging trends and broader applications suggest that the NFT phenomenon is far from a short-lived craze. As blockchain technology continues to mature, NFTs have the potential to reshape our concepts of value, ownership, and creativity.

Lian concludes his article by dismissing claims that NFTs are a fading trend, saying, “The obituary for NFTs is premature at best and, at worst, a misunderstanding of the transformative power of these digital tokens.”

 

Source: https://nftnewstoday.com/2023/10/14/nfts-are-not-dead-exploring-bybits-anndy-lians-take/

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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Bet on the Black? Take a punt on the Red? Or maybe put it all down on an NFT?

Bet on the Black? Take a punt on the Red? Or maybe put it all down on an NFT?

The global non-fungible token (NFT) market capitalization has dropped by 37.7% from its record high reached last year, but the Forkast NFT 500 Index suggests there is more to this market than the standard supply and demand dynamics behind rising and falling prices.

According to data tracked by analytics firm NFTGO, the NFT market peaked at US$36 billion in April 2022, US$14 billion more than today’s US$22 billion.

Over the same period, the Forkast 500 NFT Index, a newly launched performance measure of the global NFT market based on 500 smart contracts, plunged 84.71%.

The Forkast 500’s nosedive implies that if traders diversified their NFT portfolio and invested in the top 500 projects in the industry, they would be “rekt” – a crypto industry euphemism to describe heavy losses. According to Yehudah Petscher, a strategist at Forkast.News data partner CryptoSlam, NFT investors have adopted a casino-like trading behavior where they need to constantly move their funds to the “next hot project” to be successful.

“Liquidity gets recycled by savvy traders who frequently sell their NFTs, and use the funds to buy into new projects. From there, that same trader is looking to exit quickly and continue the cycle over and over again,” Petscher told Forkast.

House rules

Colin Johnson, chief executive of blockchain-based fine art investment platform Freeport, says that not all NFT traders may have been “rekt” as much as the Forkast 500 indicates.

“A well-diversified NFT trader will generally have another bag to work from. If they went all in on, say Moonbirds last May, they’re likely reeling and wanting some time away from crypto,” said Johnson.

Moonbirds, an Ethereum-based NFT collection that rewards investors for holding the assets longer, had a record-high floor price, or the lowest sale price of an NFT in a collection, of 25.5 ETH (US$39,142) on April 25, 2022, or a little over a week after its launch. It has since lost more than three quarters of its all-time high floor price and is currently priced at 5.6 ETH. The floor price represents the lowest price of an NFT within a collection.

While the casino rewards those that understand the rules of play, CryptoSlam’s data suggests that new buyers may be entering the game.

In February, the number of unique monthly buyers jumped to some 1 million addresses from 593,000 in January. February’s monthly customers tally was almost double that of the 529,000 sellers. On Feb. 26, daily unique NFT buyers rose to an all-time high of 166,000, following U.S.-based cryptocurrency exchange Coinbase’s free NFT airdrop.

“There is still large-scale activity from the top 1% of traders — recently to collect airdrops from new platforms like Blur,” Johnson said. “Most NFT collectors who are outside of that top 1% are very likely deep in the red.”

Blue chip cash

Much like cryptocurrencies, the high volatility of NFT prices poses challenges to estimating investors’ losses over a certain period of time.

“Holding a blue-chip NFT generally assures the owner that the NFT holds some inherent value,”  Anndy Lian, author of the book “NFT: From Zero to Hero,” told Forkast.

Bored Ape Yacht Club, the second-largest NFT collection by historic sales volume after play-to-earn game Axie Infinity, had a floor price of 63 ETH (US$96,705) on Thursday, a 27% drop from 90 ETH on April 2 last year, when the NFT market cap was at its highest.

Mutant Ape Yacht Club, the fourth-largest, fell 14% to 14.4 ETH.

“The top collections are primarily controlled by a small number of large-scale collectors. Average collectors’ wallets are in much worse shape this year than last,” added Johnson.

Petscher elaborated in the March 3 issue of CryptoSlam’s newsletter.

So how much in losses did a general NFT trader make as the digital assets markets tumbled from all-time highs?

“As a trader myself, I can tell you it’s much closer to 84%,” said Petscher.

 

 

Source: https://forkast.news/nft-casino-forkast-500-black-red/

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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