Connect with us

Press Release

The Event That Changed The Metaverse; Blockchain World Abu Dhabi Engaged, Excited, and Educated the World

Published

on

  • The inaugural Blockchain World Abu Dhabi welcomed over 5,300 attendees and streamed live, with global online visitors from over 100 countries
  • The largest Blockchain event attendance in MENA region history for online and offline audiences
  • Featuring over 60 expert speakers, with a total online reach of 1.3 billion social followers, who raptured audiences

Blockchain World Abu Dhabi, featuring The Global Distributed Cloud Storage Summit (DCS 2021) and Helicon Studio, lit up the digital universe this December.  The inaugural event brought together crypto and blockchain enthusiasts online and offline from over 100 countries world-wide, including UK, India, USA, Saudi Arabia and Philippines.  

With a total of 60 international expert speakers and 32 Media partners educating 5,329 attendees over 3-days this was truly ‘not your typical blockchain event’.  Not only were crypto and blockchain enthusiasts and businesses present in abundance, Blockchain World’s mission to educate everyone made the show truly unique by incorporating gaming, trading and entrepreneurial workshops and masterclasses into an engaging experiential led event.  The first XR studio was launched in the Middle East, the Helicon Studio, producing over 17 shows in less than 3-days totalling over 30 hours of studio quality video content.  Key global experts and speakers included: Jordan Belfort, “The Real Wolf of Wall Street”; David Shing, Aka ‘Shingy’; Christopher Travers, Offbeat Media Group; Brett King, Neo Bank, Moven; Isaac Serwanga, Speaker and Author.

Blockchain World Abu Dhabi welcomed local and international dignitaries and ministers.  The opening ceremony was attended by: H.E Sheikh Abdullah Bin Mohammed Al Hamed, Chairman of Department of Health, Abu Dhabi; H.E. Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy; H.E. Ahmed Mohammed Al Rumaithi, Undersecretary of the Department of Energy; Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC.  

THE LAUNCH OF HELICONNFT

At Blockchain World Abu Dhabi we witnessed the launch of a new era of online and blockchain gaming, the launch of HeliconNFT.  Placing the power back into the hands of the gamer, HeliconNFT is a new vision of how a DeFi, NFT and gaming platform should be.  HeliconNFT is a new online universe, combining a gaming Metaverse with an NFT buying & trading platform that provides real rewards where you can play, mine and earn to become the master of a new market.  Alongside the platform launch was the launch of Helicon Studio and Helicon Media, new wave content and information outlets designed to provide exceptional quality viewer content alongside industry-leading experiences.

At the launch HeliconNFT announced global partnerships with UK-based Bad Fox Studios and Fundamentally Games, met as HeliconNFT held recent discussions with the UK’s gaming and interactive entertainment trade association Ukie, to provide custom gaming options for future players and integrate existing gaming greats into the platform.

BLOCKCHAIN AND THE FUTURE OF THE UAE

The UAE has always been a visionary throughout the last 50 years, driving innovation across both the region and the world.  Both Abu Dhabi and Dubai have been blockchain and fintech enthusiasts, aiming to save millions of hours of manpower whilst providing a more efficient, safer and greener form of government and administration, alongside providing key business drivers, such as the SCA and DWTCA agreement on crypto asset licensing, and investing in all things cryptoverse and metaverse.  Most recently, Mubadala Investment Company announced their interest in the crypto eco system, with CEO and Managing Director Khaldoon Al Mubarak stating an interview with CNBC, “I think it (crypto) is real. This is a business that had $200 billion worth of value two years ago, and is $2.5 trillion value today and growing. So while many people are sceptics, I do not fall in that category.”

Since 2013 when the “Smart Dubai Initiative” was first introduced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai to transform Dubai into a smart city, his aim was to provide better quality of life to all by harnessing future tech, which we see now in the Dubai, Blockchain Strategy 2020 and Emirates Blockchain Strategy.  

Follow the latest developments on: Twitter | Facebook | LinkedIn | Instagram | Telegram

About DCS 2021

The Global Distributed Cloud Storage Summit (DCS 2021) will be held at the Abu Dhabi National Exhibitions Centre in the UAE on 15-17th December 2021. This meeting will gather relevant government departments, notable blockchain industry experts, industry investment institutions, related academic and research institutions, star project parties, and other parties together. This conference will provide the distributed storage industry with more policies, financial support, and a more significant influx of human resources.

About CloudTech

Headquartered in the United Arab Emirates with a subsidiary in Australia, CloudTech Group is the leader in Fintech and one of the world’s leading blockchain technology groups, providing services covering every aspect of the blockchain industry. Our services range from cooperation with governments to technical research and legal and compliance consulting. In an effort to help establish the blockchain industry’s ecosystem, we have formulated a complete industrial layout plan to explore the underlying blockchain technology.

Continue Reading

Press Release

Shemaroo, One of India’s Leading Media Corporates, Partners with PWR Chain to Pioneer the Next-Level Metaverse Experience for Their 200M-Strong Audience

Published

on

  • ShemarooVerse, exclusively launching on PWR Chain, merges Shemaroo Entertainment’s extensive content library with advanced blockchain technology. 

Shemaroo Entertainment, a leader in India’s media and entertainment industry for over six decades, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. Through this alliance, PWR Chain becomes the official blockchain partner for ShemarooVerse, Shemaroo Entertainment’s immersive platform set to deliver next-generation immersive content. This partnership is a landmark step in India’s entertainment and technology landscape, combining Shemaroo Entertainment’s vast content offerings with PWR Chain’s scalable and environmentally efficient blockchain capabilities.

With an expansive digital footprint across more than 50 content channels on YouTube, Shemaroo Entertainment commands over 200 million subscribers and garners 100 million views daily across diverse categories, including Bollywood, regional, television, devotional, and children’s entertainment. ShemarooVerse will leverage PWR Chain’s high-speed, decentralized infrastructure to create an immersive, interactive digital experience for audiences in India and beyond.

PWR Chain’s blockchain technology is among the most sustainable, operating with a minimal carbon footprint. Unlike conventional blockchains that require high energy resources, PWR Chain achieves high throughput with minimal power, processing over 300,000 transactions per second while using only a single CPU core per validator node. This efficiency allows ShemarooVerse to scale seamlessly without environmental impact, setting a new standard in green blockchain technology for the entertainment industry.

As Shemaroo Entertainment transitions its expansive IP portfolio onto the blockchain, PWR Chain’s infrastructure offers creators unique opportunities to monetize their content through tokenization and digital collectibles, a pivotal innovation in India’s content landscape. 

The advanced interoperability and scalability of PWR Chain enables ShemarooVerse  to leverage PWR Chain’s developer-friendly design, the first blockchain that allows deploying full software applications in traditional coding languages. By leveraging PWR Chain’s instant finality and quantum-resistant security, ShemarooVerse offers users a secure, dynamic, and immersive digital space for authentic engagement with Shemaroo Entertainment’s iconic content.

Arghya Chakravarty, COO of Shemaroo Entertainment Ltd., said, “Partnering with PWR Chain marks a transformative leap in digital engagement for Shemaroo Entertainment. ShemarooVerse will benefit from the speed, scalability, and sustainability of PWR Chain’s blockchain infrastructure, offering audiences a more immersive, secure entertainment experience. We are thrilled to bring ShemarooVerse to life in a way that resonates with the evolving preferences of digital consumers.”

Melanie Mohr, CEO at PWR Labs, added, “Shemaroo Entertainment’s leadership in Indian entertainment provides an ideal platform to demonstrate PWR Chain’s high-performance, eco-friendly blockchain technology. This partnership not only underscores the potential of blockchain for enhancing digital experiences but also positions PWR Chain to drive growth and create engaging opportunities within India’s entertainment industry.”

This partnership highlights Shemaroo’s commitment to digital innovation and sets a precedent for India’s entertainment industry by bridging traditional media with Web3. By exclusively hosting ShemarooVerse on PWR Chain, Shemaroo Entertainment and PWR Chain are set to reshape India’s digital landscape, offering creators and fans new, dynamic ways to engage with content. 

Continue Reading

Press Release

The Key to Mass Adoption: QuantumFusion’s Developer-Friendly SDK

Published

on

  • Why dApps Haven’t Reached the Mainstream

Blockchain technology has long promised to revolutionize our digital interactions, yet widespread adoption remains slow. Other than the battle for regulatory clarity necessary for institutional capital to flow into DeFi and other utility sectors, there are three key fundamentals we believe are currently inadequate for mass adoption:

  1. Speed
  2. Cost
  3. Reliability

Ethereum has the largest DeFi market cap by a significant margin; according to DeFiLlama, over 60% of the total value locked in DeFi is on Ethereum, even higher if you bundle in its Layer-2 solutions, like Arbitrum and Optimism. 

But nobody can reliably use Ethereum at a reasonable cost. Data from Etherscan gives an average of $23.36 per swap as of 11/18/2024, completely unfeasible for the average user. Additionally, Ethereum’s time to settle a transaction (finality) of 12-15 minutes and the very low transaction per second the network can handle (15-30 TPS) is not up to the task of mass adoption. 

We’ll give Ethereum its due; it is extremely reliable, and this is a contributing factor in its dominant position within the DeFi space. Everyone wants to build on Ethereum, but relatively few can afford to use what is being built. 

You might have heard people say, “Solana has none of the issues facing Ethereum; it’s cheaper and faster!”

And they’d be correct, but only on the speed and cost front. 

One of the critical issues facing Solana is reliability. Blockchain outages cause the near-complete shutdown of all on-chain activities. During these outages, many are left helpless, watching themselves get liquidated and unable to do anything about it. To put it simply, fast and cheap is only useful if you aren’t left with your pants down when the network crashes. 

All of this is to say the user experience for most dApps is not where it needs to be: useable but nowhere near the standard of Web2. As seen in the case of Ethereum, utility developers want to build on a chain that won’t break, has excellent performance characteristics, and, most importantly, is developer-friendly.

We don’t have to reinvent the wheel. No advancement in computing is required; we’re not talking about a theoretical, futuristic concept that will take decades to realize. 

Henry Ford didn’t invent the car, he just figured out how to make them faster and more efficiently than everyone else.

QuantumFusion is to the blockchain industry what Ford was to the auto industry.

But how?
High Transaction Throughput for a Seamless User Experience

QuantumFusion’s infrastructure revolutionizes transaction speed and cost, addressing the limitations of slower blockchains like Ethereum. Powered by the SPIN (Short-term Parallel Incremental Network agreement) consensus protocol, it achieves 0.1-second block finality, enabling real-time transactions without bottlenecks or delays–essential for applications like gaming or high-frequency trading.

Faster, cheaper transactions significantly enhance user experience, reducing frustrating wait times and making blockchain applications practical for everyday use. Scalability is central to QuantumFusion’s design, supporting high-demand, real-time applications without congestion. 

With 100-millisecond finality and targeting 10,000+ TPS, QuantumFusion enables a plethora of blockchain applications:

  • Real-time social networks with real-time posts and interactions.
  • Blockchain gaming with secure, verified assets and actions.
  • Financial applications with fast, reliable settlements comparable to centralized exchanges.
  • Collaborative tools for seamless decentralized teamwork; on-chain Google Docs.

Unlike networks that struggle under heavy loads, QuantumFusion embraces them by balancing speed, cost, and reliability, enabling a robust ecosystem for developers and users alike. 

QuantumFusion sets the stage for blockchain’s mainstream adoption.

QuantumFusion’s Native-First SDK: Simplifying Development for Mass Adoption

For blockchain to achieve mass adoption, developers need tools that are powerful, intuitive, and designed with real-world usability in mind. QuantumFusion’s native-first SDK aims to redefine how dApps are built, focusing on seamless integration and superior performance in both desktop and mobile environments—where users increasingly interact with technology.

Most crypto participants are using their mobiles; as of January 2024, 63% of visitors to Kraken’s website accessed the platform via mobile devices, while just 37% used desktop computers.

To meet market demand, it is essential to cater to mobile users. To do that, the infrastructure must build a development environment with that in mind. QuantumFusion has built its SDK utilizing light clients like Smoldot to provide mobile users with real-time, low-latency experiences.

Unlike many existing platforms that prioritize web-first development, QuantumFusion’s SDK delivers a native-first approach, enabling dApps to feel as intuitive and responsive as traditional Web2 applications. 

Additionally, through Smoldot, QuantumFusion’s SDK supports WebAssembly, enabling developers to work in their preferred programming languages–this acts as a talent multiplier; the pool of potential developers is huge. Empowering the creation of complex, scalable applications from DeFi platforms to real-time gaming is half the battle; attracting the creators is key.

The goal of the SDK is to create a future-proof environment where developers can create dApps for the end-user without being forced to optimize for desktop in a world where everyone is using mobile. Bridging the gap between user-friendly tools and blockchain innovation ensures developers can focus on building dApps that not only perform but also captivate.

QuantumFusion’s SDK is more than a toolkit—it’s the key to unlocking the QuantumFusion blockchain’s potential, paving the way for mainstream adoption with simplicity, efficiency, and accessibility at its core.

Join the QuantumFusion Revolution

Web3 has immense potential, but the issues of speed, cost, and reliability are barriers to a smooth user experience. No one will use infrastructure that only works sometimes, and even when it does, it costs a small fortune and an unreasonable length of time to do anything worthwhile.

If the Web3 experience isn’t at least on the same level as Web2, then how are we going to attract mainstream attention?

QuantumFusion is breaking through these limits with an ecosystem designed from the ground up to deliver what users and developers have long been waiting for: seamless, scalable, and accessible blockchain solutions.

That’s it; that’s the goal. 

Through their SDK, QuantumFusion equips developers to create dApps that feel as intuitive as the best Web2 applications. Whether for mobile or desktop, this toolkit empowers innovation with real-world usability and future-ready performance. Paired with 0.1-second block finality, QuantumFusion makes real-time, cost-effective transactions a reality.

This is more than just incremental improvement; it’s a reimagining of what blockchain can achieve with a roadmap of how we can get there. QuantumFusion’s infrastructure unlocks opportunities that have only been half-realized so far. It isn’t just solving old problems—it’s setting a new standard for what blockchain technology should deliver.

Explore QuantumFusion, follow their progress, and help us build a decentralized future for everyone. 

Website: https://qfnetwork.xyz

X: @QuantumFusion_

Continue Reading

Press Release

MemeSparks.com Launches Innovative Service Integrating Web3 with AI Text-to-Video Technology

Published

on

MemeSparks.com, a revolutionary Web3 platform, announced the launch of the first-ever platform integrating Web3 with AI-driven text-to-video technology. This innovative platform has the potential to drastically reduce the time, cost, and resources of video production. Its goal is to help memecoin developers and teams produce high-quality products faster and at substantially lower costs. The newly-launched service is available in exchange for the $MEMEKS utility token and Solana (SOL).

MemeSparks.com harnesses the power of artificial intelligence to transform written scripts into prime video content. The platform relies on the transparency and security of smart contracts to facilitate safe transactions between creators and consumers. This technology ensures creators receive fair compensation for their work and clients engage in digital transactions within a secure environment.

The platform will be available globally, allowing creators from various backgrounds and geographical locations to receive appropriate financial reward for their content. More importantly, anyone in the world can become a video producer even if they lack the necessary skills but have an idea for video content.

MemeSparks.com is steadily building a powerful, decentralized ecosystem with a digital marketplace at its center. Here, creators can rent out or sell their content produced via the platform’s AI text-to-video technology. The marketplace will support two tokens, $MEMEKS or SOL coins. The generated profit goes to the Community Wallet, which is controlled by the developers. The latter have already pledged to give monthly reports on its use and will only get a 10% share from the wallet for their services. Another 10% will go toward the platform’s marketing and the $MEMEKS coin development. The platform’s website maintenance will receive 20% while the remaining 60% will be used according to the votes of $MEMEKS holders.

The platform will also have a decentralized autonomous organization (DAO), allowing members to vote and decide marketing strategies, partnerships, airdrops, etc. Purchasing $MEMEKS tokens will automatically make users part of the DAO. The organization will function via two entities, the Council of Creators and the General Assembly. Every proposal advanced for voting will require a minimum quorum of 20% of total $MEMEKS. Lastly, the voting process will be 100% transparent to all members, and it will feature pre-voting discussions and clear rules to ensure complete fairness.

The advent of AI technology will reshape numerous industries, including video production. MemeSparks.com aims to spearhead the technological revolution in this field by delivering a user-friendly service for developers and creators. This platform fuses Web3 with AI text-to-video technology  to democratize video content production, and boost interactivity and engagement for audiences. It also uses a transparent and effective decentralized governance model to give consumers unmatched control over the digital art they create and the platform’s development.

Jay Chambers, CEO, Core Developer and founder of MemeSparks.com, commented on the platform’s mission:

“Our vision was to create a platform where creativity meets technology in its purest form. By integrating Web3 with AI text-to-video, we’re not just launching a product. We’re setting the stage for the next generation of digital content creators and consumers. This is about empowering people with tools that were once exclusive to large studios or tech giants.'”

The platform’s development does not end here. MemeSparks.com plans to introduce more features, including AI-driven editing tools, enhanced creator monetization options, and more interactive viewer experiences. Ultimately, the platform should become the meeting place for creators, investors, and technology enthusiasts, where they can innovate via a unique integration of Web3 and AI.

About MemeSparks

MemeSparks.com is a groundbreaking project aiming to empower creators and consumers into producing high-quality and cost-effective content faster than ever before. The platform seamless integration of Web3 and AI text-to-video produces cutting-edge technology. Above all, it fosters a more sustainable future for creative freedom and digital ownership for users worldwide.You can learn more about MemeSparks.com and stay up-to-date with its developments here: Website | X (Twitter) | Telegram

Continue Reading

Trending