Blockchain
Inaugural Female Founded Educational Summit for Miami-Dade County: Web3 Summits Led by the Women of Web3
Miami, Florida–(Newsfile Corp. – October 19, 2022) – The Founders of BOK Productions, Kimberli Bruce and Keri Kilty are bringing the first of its kind women led educational conference for Web3 technologies, Web3 Summits, led by the women in Web3, November 29 (registration and VIP dinner) through December 1st, 2022 to the Miami Airport & Convention Center, Miami Dade.
Figure 1
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These women are pioneering an educational program designed to bring a diverse program of speakers to the local community of Miami-Dade. The program is designed to provide a solid foundation of understanding for business owners, entrepreneurs, educators, and students to build strategies for the adoption of emerging technologies referred to as Web3. Defined as a collective of computer programs, applications and processes that make up the categories to be discussed during this conference; decentralization, blockchain networks, blockchain features, tokenization, token economies, metaverses, AR and VR applications.
This first of its kind women led educational event is working with the local Miami communities during Art Week, choosing a location that is easily accessible with plenty of parking for residents and visitors, DoubleTree by Hilton Hotel Miami Airport & Convention Center, 711 NW 72nd Ave, Miami, FL 33126. The purpose of the event is to increase adoption and awareness for technologies that can bring benefits and gains to everyone. The conference will provide an education forum as well as a safe space for relationship building and collaboration with meaningful long-lasting connections.
The agenda is a combination of educational workshops, panel discussions and lecturing keynote speakers. All programs are designed to provide beginner and moderate lessons and discussion for Web3 technologies. The goal of the conference is to engage community members who are interested in building a foundation of understanding for emerging technologies.
The Web3 Summit team is working hard to bring thoughtful, inspiring, and successful industry leaders to participate: Ben Armstrong YouTuber, podcaster, crypto enthusiast, and creator of BitBoyCrypto, Sandy Carter, Sr VP of web3 leading domain provider, Unstoppable Domains, Yu-Kai Chou, award winning Author of Octalysis and Founder of MetaBlox, and Paula Dezzutti, Founder and CEO of Local Choice, is just a small sample of the powerful line up of over 150 educators and speakers for this two day conference.
Additional activations during Web3 Summits will be a Web3 themed Pitch Contest co hosted with Cryptan Labs. The contest is for founders and entrepreneurs building businesses and products using Web3 technologies. All are welcome and encouraged to apply. The winners will receive a combination package of prices to support their pitch presentation.
And a Fine Art Gallery and Music Stage to complement the theme of Art Week Miami, inclusive for both digital, physical art, all genres of music performance, located in the same area as our vendor exhibition space and networking lounge with comfortable seating, food, and bar service. Local artists are strongly encouraged to apply and submit portfolios for consideration.
During the conference, BOK Productions will provide a dedicated space for partners, content creators, exhibitors, press, sponsors, and speakers to conduct interviews, host AMA’s, podcasts, or film marketing materials. The event is supported by a world-renowned media team including Cointelegraph, BlockTides, and Make Me Viral Media. Interested press or content creators should reach out to web3summits.io for more information.
The Web3 Summit’s mission is to spread the power of optimism. They strive to ensure everyone who attends the event walks away feeling they have become a part of a great community, having gained knowledge to grow as better people, in business and in personal lives. They value and honor each and every individual’s contribution and support to making this event become a reality.
For more information or to purchase entry tickets for the event please visit www.web3summits.io. Tickets are available for students, day passes, 2 day passes and VIP access. If you are interested in a brand marketing partnership, please contact Keri or Kimberli directly through the web3summits website.
Contact Details:
Katerina Vukova
[email protected]
0585171331
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141086
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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