Blockchain
Web3 Delight Abu Dhabi – Unleashing the Potential for the Future Tech Development by SwiftMotion Media
Abu Dhabi, United Arab Emirates–(Newsfile Corp. – November 28, 2022) – The 2nd edition of Web3 Delight took place in Abu Dhabi on the 15th of November, during the Formula 1 and FinTech week. This hybrid event attracted over 3,000+ in-person and online participants from over 40 countries worldwide.
Web3 Delight Abu Dhabi was designed around Web3 value chain, in other words, the critical question addressed was, ‘What does it take to generate value at each stage of the Web3 value chain?’
This fusion of the Web3 world brought together Crypto, Metaverse, DeFi, GameFi, NFTs, DAOs, and more to create an immersive experience like no other. Web3 Delight Abu Dhabi was organized by SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the management consultancy Agile Dynamics.
Web3 Delight Abu Dhabi started with a traditional Emirati dance to show respect for local culture and to highlight tradition’s importance. “Only by balancing the importance of honoring tradition and accepting the change; the future will be bright!” said Paul Lalovich, Web3 Delight Founder, at the opening ceremony.
Conversations at the Web3 Delight Abu Dhabi focused on the adoption of blockchain technology, future marketing in Web3 space, NFTs, governance policies, career opportunities in Metaverse, fundraising, and building in a bear market environment. In addition, the audience had a driver-seat experience and personal insights into the Web3 movement from the practitioners and builders who took the stage at the event.
At times when recent scandals shook the trust in crypto and blockchain, the Web3 Delight represents an attempt to go back to the roots of Web3 as an idea. Building trustless, decentralized solutions were outlined as a priority for the future of blockchain implementation. In addition, the speakers defined the need for a new strategy to navigate the challenges of complex macro indicators effectively.
The key element to the future endeavors in Web3 is bridging the gap between different industries and blockchain startups to provide disruptive new models for growth.
Web3 Delight Abu Dhabi was hosted by Emilija Vukovic, President of the Serbian blockchain association, Tesha Teshanovich, Advisor at SwiftMotion, Riyaz Jivanjee, Strategic Advisor at SwiftMotion, and Katerina Vukova from Luna Media Corporation.
The line of speakers included Steve Fock, an expert on Web3 in the music industry; Philip Kishkovarov, CTO of Synthetic Equity; Petar Atanasovski, COO of MVP Workshop; Leigh Flounders, CCO of NowNow; Xavi Anglada, managing director at Accenture; Yaqoob Al Shehhi, CFO of Nawah Energy Company; Professor Puay Guan Goh from the National University of Singapore; Yasser N Alobaidan, Chairman of Jawraa; Saad Sameer Abujubara, Partner at Impact Partners; Chris Page, Chief Investment Officer at Synethic Equity; Stefan Lazarevich, CEO of Infinity; Connie Ansaldi, CEO of Carnival.Art and many others.
Astro Armadillo, the totem of the vision to create a genuinely sustainable Web3 education and the official mascot of the Web3 Delight, was in person at the event and a host for video game demos by Voodoo Labs Studio and other project announcements.
The next Web3 Delight conference will take place in Riyadh, Saudi Arabia, in 2023, accenting the development of technology sovereignty in Web3 by fostering a technology culture and supporting scientific and technical knowledge throughout the educational system.
Web3 is not about technology only! Tech is just a vehicle for the much more significant change upon us. This is a social movement towards transparency, consensus, inclusiveness, ownership, and openness.
Contact Information: Tesha Teshanovich
Email:
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145876
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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