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Beyond Centralization: Exploring a New Era at the World Blockchain Summit

Crypto Chain Wire

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The first day of the 29th global edition World Blockchain Summit concluded in Dubai, marked by a surge in enthusiasm for the technology’s future in the MENA region. Hosted at the JW Marriott Hotel Marina, the two-day event brought together industry leaders and innovators, highlighting the seamless integration of blockchain solutions into real-world scenarios.

Despite the challenge due to weather conditions in Dubai, the event attendance was remarkable with its turnout, sparking lively discussions, setting a dynamic course for blockchain’s evolution in the MENA region. True to its reputation, the Summit assembled prominent thinkers and showcased groundbreaking ideas. It provided an unrivaled space for attendees to learn, connect, and forge strategic partnerships.

Day one was marked by rich dialogue, inspiring keynote addresses, and forward-thinking ideas poised to expedite the adoption of crucial blockchain trends across vital economic sectors including finance and supply chain management.

In an inspiring opening address, Naveen Bharadwaj, Trescon’s Group CEO, kicked off the summit with a warm welcome, prepping the audience for an immersive exploration of Web3 and the key issues defining the blockchain world

Wolfgang Grabher, Founder, CEO and Chairman, SUN AG, delivered a keynote on how blockchain technology is revolutionizing the food industry. Addressing how 100 per cent token burn gives you food for free while also shining the spotlight on how falling token prices can be a good thing.

The day also featured a compelling panel discussion on decentralized finance (DeFi), led by Maha Al-Saadi, Head of Regulatory Affairs, QFC Financial Services Sector. The discussion focused on DeFi’s transformative impact on the financial sector and the integration of blockchain technology into its development. Panelists including Neeraj Khandelwal, Co-founder of CoinDCX & Okto; Talal Tabbaa, CEO & Co-Founder of Coin MENA; and Bandar Altunisi, Head of Development for Binance in Saudi Arabia, Head of Institutional Relationships for Binance Dubai (FZE), Binance, explored the synergy between DeFi and traditional finance systems.

A highlight of the day was a lively panel debate titled ‘Crypto Payments Evolution: Charting the Course Through Latest Innovations.’, led by Kevin Soltani, CEO, GIMA group. The discussion focused on the rise of stablecoins while examining the rapid advancements in blockchain interoperability solutions in enabling seamless communication and data transfer between networks. Panelist Jehanzeb Awan, Chairman, Crypto & Blockchain Association, Middle East, Africa & Asia; Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC. Circle; Reece Merrick, Managing Director, Middle East & Africa. Ripple, explored the role of CBDCs in reshaping the future of payments.

“We’re excited to bring together leading blockchain minds for another edition of the World Blockchain Summit, shaping the future of the industry.” said Naveen Bharadwaj, CEO of Trescon, “The Summit showcased Dubai’s role as a breeding ground for innovation, driving global blockchain adoption.”

With Day 1 wrapping up successfully, anticipation builds for what Day 2 will unveil. For more details on the World Blockchain Summit, please visit: https://www.worldblockchainsummit.com/

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus

Co-Host – Sun Minimeal

After Party Sponsor – Floxypay

Gold Sponsors – Cardano Foundation , Medifakt, Crypto2Cash, Anbruggen, Bitflex

Silver Sponsors- Kreation, Coingames, Reat Capital, ACM Finance , Website AI, Vision Chain

Lanyard Sponsor- M2

Badge Sponsor – Ledn

Lunch Sponsor – Payper

Bronze Sponsor- BitGo, M2 , Block Convey, Genesis Digital Assets , Hedge , Golfin, Build-AI

Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs, Pentagon Games

Exhibitors- DSQ Solutions , Reltime, Qoneqt , C# Corner , Islamic Dinar, Technoloader, Verichains, Vault, Ecotrader.io, Ideofuzion, NuChain, LCX

Official Accommodation Partner- HotelPlanner

Ecosystem Partner – Entrepreneur Media

Business Broadcast Partner – CNBC Arabia

Official Newspaper Partner- The Fintech Times

Official Digital PR Distribution Partner – ZEX PR Wire

ABM Partner- Demandify

Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Prime Media Partner- Demandteq

Community Partner – Hyperledger Foundation, THE DIGITAL CHAMBER

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

For media Inquiries or partnerships please get in touch with:

Shadi Dawi

PR & Partnerships Director

shadi@tresconglobal.com

+971 55 498 4989

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Memecoin Madness: Eddie Seal Team Insults Investors and Returns Money from Presale

Crypto Chain Wire

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Two weeks ago, the Eddie Seal memecoin project ($EDSE) began raising funds for development through a presale event. On Wednesday, a controversial post appeared on the project’s Twitter, where the team labeled the presale investors as ‘morons’.

“You morons. You invest in a presale of a new memecoin and then cry when someone runs off with the money. Get a grip and be careful because 99% of presales are scams. We have returned all the payments to the wallets from which they were sent. Eddie will proceed without a presale!” reads the tweet from Eddie Seal profile.

This incident is quite unusual, given market norms. Memecoins are not financial instruments, hence funds raised through presales are not regulated in any way. It is unprecedented for a project team to refund all investments made by individuals.

The refund might have been an attempt by the Eddie Seal team to build credibility within the crypto community, especially as Eddie Seal has announced six marketing rounds aimed at reaching a $1 billion marketcap. The campaign will culminate in an Eddie Seal cartoon, in the style of Rick and Morty or Family Guy. The six marketing rounds include sponsoring a Formula 1 team, a Harry Styles (or another top tier star) concert at Wembley with tickets for $1EDSE, a ‘spending money competition’ with 10,000 credit cards linked to one account, and a $3 million donation to MrBeast for spending in one of his videos.

It was also announced that the team plans to distribute part of the $EDSE tokens to the community gathered around the project in the form of an AirDrop. Sign-ups are expected to start soon.

The price of the $EDSE token in the coming days will reveal how the market has reacted. The token contract address for price tracking is available at eddieseal.org or listed here: 2Zvo6bnwJtyXhsPgbcfajTrEtB7NwrJhK8mMmtEXvHHc

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WEMADE and WEMIX Win “Best Web3 Gaming” at MENA Games Industry Awards 2024

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WEMADE and WEMIX were honored with the prestigious “BEST WEB3 GAMING ” award at the MENA Games Industry Awards 2024. The awards celebrate the best of the region’s thriving gaming sector, and as the sole web3-focused award, the “BEST WEB3 GAMING” category spotlights companies championing the integration of web3 technologies into gaming.

“We are honored to receive this prestigious award. It validates Wemade’s commitment to fostering growth and collaboration within the global web3 gaming landscape,” Wemade said in a statement. “This award motivates us to continue empowering developers and driving innovation in game design & development.

Wemade would like to congratulate all of the finalists and winners at this year’s MENA Games Industry Awards. Their dedication and passion for innovation are shaping the future of gaming.

About Wemade

Wemade is at the forefront of the next wave of Web3 game developers that are innovating with blockchain technology. Based on the WEMIX3.0 mainnet, the WEMIX PLAY blockchain game platform is the world’s biggest with millions of users and a wide range of game genres from card, puzzle, simulation and strategy games; to first-person shooters, battle royale, MOBA, MMORPG, SNG, sports games and more. Visit www.wemix.com/communication for more information. 

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Metarise: Unveiling the Future of Metaverse Interaction on M20Chain

Crypto Chain Wire

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Metarise is forging new paths in the metaverse landscape, building an immersive digital universe that blends high-quality, low-poly graphics with the robust capabilities of the M20 Chain blockchain, all powered by Unreal Engine. This innovative platform merges reality with virtual spaces to create an interactive environment where users can live, work, and play.

Vibrant Digital Ecosystems: Cityland and Funland 

At the heart of Metarise lies Cityland, the bustling urban core that serves as the central hub for commerce, art, and social interaction. With its vibrant streets lined with shops, showrooms, galleries, and more, Cityland is where creativity meets community. Not far from the urban excitement is Funland, a sanctuary of joy and entertainment, offering a retreat where users can engage in games, sports, and various leisure activities. Both these areas are anchored by the iconic Metarise Tower, a towering structure that stands as a testament to the possibilities of virtual architecture and the central node from which all activity in Metarise radiates.

The Role of Riser Token in Metarise 

The pulse of this digital universe is the Riser Token ($RIS), a metaverse utility token that facilitates not only commerce but also enables a variety of interactions and transactions within the Metarise ecosystem. From purchasing virtual land to trading goods and accessing exclusive services, the Riser Token is essential for navigating and leveraging the full potential of Metarise.

Empowering Users and Businesses 

Metarise is more than just a virtual space; it is a versatile platform designed to accommodate the diverse needs of individuals and businesses alike. Users can escape the monotony of traditional digital interactions and immerse themselves in a vibrant 3D environment that offers an enriched form of social connectivity. For businesses, Metarise provides a range of tools and spaces for virtual offices, allowing companies to maintain operations, host conferences, and interact with clients without geographical constraints.

Innovative Real Estate and Investment Opportunities 

One of the standout features of Metarise is its approach to virtual real estate. Through its Initial Land Offering (ILO), users have the opportunity to invest in virtual land, represented as unique NFTs on the M20 blockchain. This allows for the development of personalized real estate projects, from digital offices and private properties to commercial spaces, which can be further monetized through rentals or providing specialized services.

MetaRise is excited to announce the opening of our Initial Land Offering (ILO), a unique opportunity for early adopters to participate in the early stages of our expansive metaverse. This early phase of development offers potential for growth as the platform evolves, though it’s important to remember that all investments carry inherent risks and returns are not guaranteed. As you consider joining us in shaping the future of MetaRise, we encourage you to make informed decisions.

A Hub for Brands and Creators 

Metarise serves as a dynamic marketing tool for brands looking to enhance their identity and user engagement through immersive experiences. It’s a platform where brands can interact with their audience in meaningful ways, leveraging the unique capabilities of virtual reality, augmented reality, and AI to deliver memorable brand experiences.

Conclusion: The Future of Digital Connectivity 

Metarise envisions a world where digital and physical realities converge to create a seamless universe of endless possibilities. It’s not just about creating a space for users to interact; it’s about redefining the essence of community and connectivity. As Metarise continues to expand and evolve, it invites users from all corners of the globe to explore its myriad offerings, engage with its vibrant community, and contribute to the ever-growing expanse of this digital frontier.

Discover Metarise and step into a world where your digital life transcends boundaries, offering new ways to interact, explore, and impact the world around you. Join us on this journey to redefine the future of the metaverse.

Stay connected with us:

Metarise: https://metaarise.com/

Twitter: https://twitter.com/metariseworld

Instagram: https://www.instagram.com/metariseworld

M20 Chain Website: http://www.m20chain.com

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