This concept gives all developers equal opportunities for development, but it is also a good opportunity for speculators.

base

Bald

The myth of Bald's thousand-fold currency is shattered in an instant, is it too early for the Base public chain to be cool?

Sei has become the preferred solution for traders, developers, and gaming communities alike.

The SEC's lawsuit against Binance was the biggest event in the crypto industry in the past month, and as a result, most crypto assets have seen their prices cut in half in the past few weeks, bringing the crypto market just entering spring back into bearish gloom. This event also caused cryptocurrency users to lose trust in centralized exchanges (CEXs), further reinforcing the necessity of developing decentralized exchanges (DEXs). Sei Network, a Layer1 public chain built with Cosmos SDK, aims to become the preferred chain for DEXs in DeFi, NFT, and GameFi. Sei's built-in order book infrastructure, ultra-fast execution speed, deep liquidity, and fully decentralized matching services provide a safer, more transparent, efficient, and reliable network for DEXs, bringing new innovations and development opportunities to the crypto market. <h1 class="PlaygroundEditorTheme__h1">Sei, built for trading, aims to be the fastest layer1 public chain</h1>Traditional Layer1 public chains can generally be divided into two categories: general public chains such as Ethereum and Solana, and application-specific chains such as dYdX and Osmosis. These public chains have their own unique advantages and characteristics in technical implementation, but there are certain limitations in terms of trading scalability. Unlike other public chains, Sei, as a new Layer 1 public chain, does not choose sides between general and application-specific chains. Instead, Sei finds a middle ground between the two to become a public chain built specifically for trading. Compared to general public chains, Sei has optimized every level of its technical stack to provide the best trading infrastructure. Compared to application-specific chains, Sei is a relatively general-purpose public chain that can support a variety of trading applications, rather than just one specific application. This makes Sei a more flexible and customizable trading infrastructure that can meet the needs of different types of trading applications. <img class="PlaygroundEditorTheme__image editor-image" src="https://coinvoice-international.oss-cn-hongkong.aliyuncs.com/profital-chainlabs/article/20230619/2023061918085861244371.png" alt="" width="inherit" height="inherit">As a public chain dedicated to trading, Sei's goal is to solve the scalability problems faced by current on-chain exchanges and become the fastest Layer 1 public chain. To this end, Sei has implemented several important improvements to its underlying network architecture, including the industry-leading Twin Turbo consensus mechanism. Sei's technology success is largely due to Twin Turbo consensus, which enables Sei to achieve a lower bound of 300ms finality, 10x faster than Solana. Additionally, Sei has implemented a composable architecture order matching module, which means that dApps on Sei have synchronous composability. Through Sei's numerous bridge partners, the IBC, EVM, and SVM ecosystems will all have asynchronous composability, allowing for seamless connections and interoperability between different blockchain ecosystems, giving developers more flexibility to choose the technology stack that best fits their needs.Sei has also increased throughput by 5-10x through market-based parallelization, and supports batch order processing, thus simplifying the process of updating multiple orders across different exchanges. These are all innovative features implemented by Sei to optimize the performance of trading applications. In addition, Sei's liquidity center and its underlying technology is also highly advantageous for various dApp runs. Sei's liquidity management system can help DeFi, GameFi, and NFT applications to provide users with deeper liquidity systems and cost-effective trading processes, while taking advantage of Sei's blockchain agility and efficiency.Trading is the most basic application scenario and use case of blockchain technology, and at the same time is an important force driving the development of blockchain and Web3. By creating a dedicated trading public chain, Sei provides developers who wish to build applications on a generalised Layer 1 with an attractive product. Sei's emergence fills the gap in the currently trading-dedicated public chains, bringing new opportunities and challenges to the development of blockchain technology and Web3, and also providing more possibilities for the circulation and trading of digital assets.<h1 class="PlaygroundEditorTheme__h1">Sei's technological advantages are revolutionizing the traditional DEX network environment</h1>As Web3 continues to develop rapidly, exchanges have become increasingly important as the focal point for asset trading. Currently, exchanges are mainly divided into centralized exchanges and decentralized exchanges (DEXs). In the past, centralized exchanges have been dominant. However, with the SEC's lawsuit against the leading centralized exchange Binance, higher regulatory pressure on centralized exchanges will drive the market towards DEXs. This requires DEXs to expand and adapt to the huge adoption wave.Given DEXs' unique requirements for speed, throughput, reliability, and front-running, a dedicated infrastructure is needed to address these issues. This is where Sei comes in, offering a solution to DEX scalability problems and allowing exchanges applications to scale effectively while maintaining decentralization and capital efficiency. Sei technological advantages include the following: The Order Matching EngineSei is a Layer 1 public chain based on the Cosmos ecosystem. Like Ethereum, Sei allows users to transfer assets and deploy smart contracts. However, the distinguishing feature of Sei is that it has created an order submission and matching engine at the chain level. This order matching engine is one of Sei's core functionalities, as it allows anyone who wants to build an exchange to easily use this engine to create an order book-based exchange. This means builders can skip the step of building an order book from scratch, making it more efficient in terms of technology and cost.Moreover, Sei's order matching engine provides a limit order design space similar to conventional centralized exchanges like Binance and Coinbase. It creates a set of orders at different prices and allows updating the asset values based on the executed orders. The benefit of using an order book exchange is that it can offer higher liquidity and a better price discovery mechanism. While technically, launching an order book-based exchange and providing liquidity for it is more challenging than on an AMM DEX, Sei aims to provide a cost-effective system for developers and users of decentralized applications built on the network. In this way, they can build order book-based exchanges more efficiently without compromising security and reliability.Parallel Order ExecutionSei's parallel order execution is a significant improvement. It is able to process orders within the same market in sequence, while also handling orders from different markets simultaneously. This approach significantly increases Sei's throughput and ensures deterministic behavior among validators. In traditional blockchains, order processing is sequential, meaning each order must be processed in the exact order received, regardless of the assets or markets it interacts with. Sei's approach is different, as it allows orders from independent markets to be processed simultaneously, resulting in faster block times, lower latency, and higher throughput for Sei at all load levels. This marginal improvement is particularly notable under high loads.<img class="PlaygroundEditorTheme__image editor-image" src="https://coinvoice-international.oss-cn-hongkong.aliyuncs.com/profital-chainlabs/article/20230619/2023061918093170659758.png" alt="" width="inherit" height="inherit">According to Sei's internal test data, with 10,000 orders/block and 20 different contracts (markets), parallel processing can reduce block time from 1.33 seconds to 0.81 seconds, latency from 371 milliseconds to 48 milliseconds, and increase throughput from 7,500 orders/second to 12,200 orders/second. As the load increases, the degree of marginal optimization becomes even more significant. Twin-Turbo Consensus MechanismSei's Twin-Turbo consensus mechanism enhances the Cosmos' ABCI by making each step of the consensus programmable. This consensus mechanism consists of two parts: Intelligent Block Propagation and Optimistic Block Processing.Intelligent Block Propagation aims to increase the speed and efficiency of block processing. On the Sei Network, block proposers can send compressed block proposals containing only transaction hashes, rather than detailed block content. During the block broadcasting stage, if a validator has all the transactions from the proposal in its local memory pool, it will reconstruct the entire block from its memory pool without waiting for all block parts to arrive. This process significantly reduces the overall time validators spend waiting to receive the block. If a validator's memory pool does not contain a transaction, the validator can simply revert to waiting for uncompromised, detailed proposals to arrive. According to Sei's testing, over 99.9% of the time, validators already have transactions in their local memory pools due to the network's gossip mechanism. This intelligent block propagation method greatly accelerates Sei's throughput while still ensuring the validity of transactions.<img class="PlaygroundEditorTheme__image editor-image" src="https://coinvoice-international.oss-cn-hongkong.aliyuncs.com/profital-chainlabs/article/20230619/2023061918095437825942.png" alt="" width="inherit" height="inherit">Optimistic Block Processing is a blockchain validation method that enables a faster, more efficient validation process. Unlike traditional non-optimistic blockchains, optimistic block processing skips the prevote and precommit steps, allowing validators to call the block finalization function directly, speeding up block validation and voting. On the Sei Network, validators can also optimistically process any first block proposal they receive at any height by initiating parallel processing processes and writing state candidates to cache. This significantly reduces waiting time caused by delays in block production, increasing Sei's throughput.With the Twin-Turbo consensus mechanism, Sei shortens block confirmation time from Cosmos chain's 6 seconds to 500 milliseconds, achieving the fastest final block confirmation time globally and reaching a throughput of 20,000 transactions per second. This efficient consensus mechanism also makes Sei an efficient, scalable, and programmable blockchain system, providing faster and more efficient services for DEX.In addition to the three main improvements mentioned above, Sei has incorporated other functionalities at the base layer, including:1. Single-block order execution: In Sei, it is allowed to place and execute orders in a single block, while in Serum, multiple blocks are required to complete the process.2. Order bundling: Market makers can update prices for multiple markets in a single transaction, improving efficiency.3. Frequent batch auctions: Market orders can be aggregated at the end of the block and settled at a single price. This approach aims to try and minimize frontrunning to the greatest extent possible.4. Native oracle: A native price oracle is integrated into Sei's base layer, ensuring reliable price information from on-chain markets.The introduction of these features further enhances Sei's efficiency and scalability, making it a more comprehensive blockchain network for providing better services to DEX. <h1 class="PlaygroundEditorTheme__h1">Sei Network Ecosystem Development</h1>The ecological layout has always been a priority for Sei, especially after entering 2023. In January and April, Sei received two ecological investment funds. Among them, the $20 million crypto ecological fund from the cryptocurrency trading platform MEXC, and the $50 million crypto ecological fund from Foresight Ventures and the cryptocurrency exchange Bitget, along with the $50 million investment received in September last year from multiple institutions and market makers such as Multicoin Capital, Delphi Digital, and Hypersphere. As of now, the total size of Sei's ecological fund has soared to $120 million.These ecological investment funds provide Sei with more resources and support, helping Sei further expand its influence and market share in the blockchain sector. The participation of various organizations also reflects a generally positive outlook on the exclusive trading public chain built by Sei.Although Sei's mainnet has not yet launched, its ecosystem has already attracted many well-known projects. To date, Sei Network has gathered more than 150 teams developing projects on its platform, covering areas such as infrastructure, DEX, MEV, cross-chain, NFT, and collateral lending. According to the latest financing report disclosure, Sei Network's ecosystem has 120 cooperative projects. About 70 partner projects are currently disclosed on the official website, focusing on areas such as decentralized exchanges, infrastructure, wallets, and cross-chain bridges. The addition of these projects injects new vitality and momentum into the construction and development of Sei's ecosystem while providing users with more choices and services.Decentralized Exchanges (DEX):Sushiswap: An AMM-based DEX that launched a decentralized perpetual futures exchange on Sei Network in January 2023.Satori: A chain-evolution product protocol built on Polkadot, offering a chain-evolution product protocol on Sei Network.Infrastructure:White Whale: A cross-chain liquidity protocol that provides tools for efficient markets by means of arbitrage, flash loans, and cross-chain liquidity pools, conducting airdrop activities on Sei Network to reward Sei's validators and token holders.Kado: Supports basic setups, allowing Sei users to transfer rules and digital assets using their non-custodial wallets.Wallets:Keplr: A cross-blockchain ecosystem wallet that supports Sei Network tokens and applications.Cosmoscan: Validator node operators and wallet providers offering a Sei Network block explorer.Cross-Chain Bridges:Gravity Bridge: A cross-chain bridge supporting asset and message transfer between Cosmos and Ethereum, providing open access for DeFi projects in the Sei Network ecosystem.Axelar: Provides various services, including multi-chain liquidity pools, enabling cross-chain liquidity to enter Cosmos and making it easier for Sei to access liquidity outside of Cosmos. <h1 class="PlaygroundEditorTheme__h1">Summary</h1>Sei Network, known as the decentralized Nasdaq, aims to create a blockchain focused on DeFi infrastructure. To achieve this goal, Sei introduces various technical applications to improve the trading experience, including modular order matching, Twin-Turbo consensus, parallel order execution, and native price oracles, among other foundational layer features. By working collaboratively with these protocols, systems, and algorithms, Sei provides the optimal infrastructure for trading applications and exchanges. In the fast-paced world of trading and innovative technology, speed, scalability, and affordability are crucial factors. As a high-performance, general-purpose Layer 1 public chain, Sei has become the preferred solution for traders, developers, and gaming communities alike.

Sei Network

Cosmos

Sei Network: the Fastest Layer1 Public Chain on Cosmos?

Dissecting past cycles and projecting the narratives & market catalysts ahead of the next Bitcoin Halving

BITCOIN

The Setup for the next Crypto Cycle

Increasing Adoption by TradFi Institutions

In the ever-evolving landscape of finance and investments, one phenomenon has been making waves: Real-World <a href="https://www.blockchainappfactory.com/tokenization-platform-development?utm_source=Backlink&amp;utm_medium=tokenization+platform+development&amp;utm_campaign=Sharuk+S" target="_blank" rel="noopener ugc nofollow" class="PlaygroundEditorTheme__link">Asset tokenization</a>. This groundbreaking innovation has the potential to reshape the way we invest, access assets, and manage portfolios. In this comprehensive article, we will delve deep into the top 5 trends in RWA tokenization for 2023.<h2 class="PlaygroundEditorTheme__h2">Increasing Adoption by TradFi Institutions</h2>The Institutional RevolutionTraditionally, large-scale assets like real estate and government bonds were the domain of institutional investors. However, the emergence of tokenization is democratizing access to these assets. A recent survey by BNY Mellon revealed that a staggering 97% of institutional investors believe that tokenization will revolutionize asset management. With an increasing willingness to pay for enhanced liquidity and faster asset turnover, the trend is clear.One notable example is MAS’ Project Guardian, a collaboration involving JP Morgan, DBS Bank, and SBI Digital Asset Holding. They conducted transactions using liquidity pools on the Polygon blockchain, involving tokenized Singapore and Japanese government securities bonds. German-based Siemens also issued a $63 million digital bond on Polygon, aiming to streamline processes and open new markets.This trend is set to continue as institutional investors seek improved asset liquidity through tokenization.<h2 class="PlaygroundEditorTheme__h2">Growth of Tokenization Platforms and Infrastructure</h2>The Skyrocketing GrowthRWA tokenization is a thriving sector within the blockchain space, poised to become a colossal $16 trillion business opportunity by 2030. This represents a phenomenal growth rate of over 50,000% compared to $310 billion in 2022. Investment giant Citi echoes this sentiment, predicting that blockchain tokenization will outshine traditional financial infrastructure.Moreover, rwa.xyz reports an astonishing 87.4% growth in Total Active Loans Value since the beginning of 2023, reaching an estimated $476 million. These loans offer investors an enticing average annual percentage rate (APR) of 11.96%, significantly higher and more sustainable than typical DeFi protocols.<h2 class="PlaygroundEditorTheme__h2">Expansion of Asset Classes for Tokenization</h2>Diverse OpportunitiesThe tokenization market has expanded rapidly, with various asset classes now available for fractional ownership. Here are some notable up-and-coming RWA protocols:<h2 class="PlaygroundEditorTheme__h2">OpenEden — Unlocking T-Bills</h2>OpenEden provides round-the-clock access to on-chain US T-Bills, managed by a regulated financial institution. Stablecoin holders can mint TBILL tokens via the OpenEden TBILL Vault, offering a nearly 5% annual risk-free rate as of March 2023.<h2 class="PlaygroundEditorTheme__h2">Polytrade — Empowering Invoice Factoring</h2>Polytrade focuses on decentralized trade finance, specifically invoice factoring. This involves purchasing due invoices from suppliers at a discount and profiting from collecting the full invoice amount. The invoices often originate from SMEs but are payable by large corporations like IKEA.<h2 class="PlaygroundEditorTheme__h2">Goldfinch — Collateral with Real-World Assets</h2>Goldfinch introduces a decentralized credit protocol, enabling businesses to access crypto lending without needing crypto collateral. Instead, they use real-world assets as collateral. In just over a year, Goldfinch has reached over $100 million in active loans across 28 countries, benefiting hundreds of thousands of end borrowers.<h2 class="PlaygroundEditorTheme__h2">RealT — Fractionalizing Real Estate</h2>RealT disrupts the real estate market by fractionalizing U.S. properties into RWAs. It replaces traditional paper deeds with digital tokens based on the Ethereum and Gnosis Chain blockchains. Now, you can own a piece of real estate starting at around $50 and receive weekly rental payments.<h2 class="PlaygroundEditorTheme__h2">Increasing Reliance on Oracles</h2>The Critical BridgeOracles play a pivotal role in tokenization by bridging the gap between on-chain and off-chain data. They provide trustworthy and secure data feeds to smart contracts, enabling the execution of tokenized asset terms. A prime example is Chainlink’s Proof of Reserve. Without reliable oracles, smart contracts risk inaccurate and untimely information, potentially leading to financial losses and undermining tokenization’s credibility.According to Defillama, Chainlink commands a 46% market share with 262 protocols under its belt. While this dominance is impressive, it also poses a potential single point of failure in extreme scenarios. Investors should remain vigilant about regulatory and centralization risks that could disrupt the market.<h2 class="PlaygroundEditorTheme__h2">Increasing User Interest on Twitter</h2>The Social BuzzRWA tokenization is not only gaining traction in the financial world but also generating significant interest on social media platforms. Prominent founders and enthusiasts are sharing their insights and opinions on this transformative trend. This increased visibility is indicative of the growing excitement and curiosity surrounding RWA tokenization.Real-World Asset tokenization is on the cusp of revolutionizing the investment landscape. As adoption continues to grow among traditional financial institutions and diverse asset classes become available for tokenization, investors and enthusiasts should keep a close eye on this dynamic and promising sector.<h2 class="PlaygroundEditorTheme__h2">Launch Your Own Asset Tokenization Platform</h2>As you read about the top trends in Real-World Asset (RWA) tokenization for 2023, you might be wondering: How can you get in on this exciting opportunity? The answer is simple — by launching your own&nbsp;<a href="https://www.blockchainappfactory.com/tokenization-platform-development?utm_source=Backlink&amp;utm_medium=tokenization+platform+development&amp;utm_campaign=Sharuk+S" target="_blank" rel="noopener ugc nofollow" class="PlaygroundEditorTheme__link">Asset Tokenization Platform</a>. And to make it a resounding success, you need to partner with the best in the business.<h2 class="PlaygroundEditorTheme__h2">Unlocking the Potential of Asset Tokenization</h2>Before we dive into why you should consider launching your Asset Tokenization Platform, let’s briefly recap why asset tokenization is so crucial.Asset tokenization allows you to convert physical assets like real estate, fine art, or even government bonds into digital tokens on a blockchain. This process democratizes access to traditionally exclusive assets, making them available to a broader range of investors. With RWA tokenization, you open the door to enhanced liquidity, increased efficiency, and a world of new investment opportunities.Now, let’s explore why launching your Asset Tokenization Platform is a strategic move.<h2 class="PlaygroundEditorTheme__h2">The Opportunity of a Lifetime</h2>Tap into a Thriving MarketThe RWA tokenization market is on a meteoric rise, predicted to reach a colossal $16 trillion by 2030. This exponential growth presents a unique window of opportunity. By entering the market now, you position yourself at the forefront of a financial revolution.Institutional investors are already recognizing the potential of asset tokenization, and they are willing to pay a premium for enhanced liquidity and faster asset turnover. By providing a platform for asset tokenization, you can cater to this growing demand while unlocking new revenue streams.<h2 class="PlaygroundEditorTheme__h2">Partnering for Success</h2>Why Go Solo When You Can Partner?Now, here’s the crucial step: Partnering with a top-tier asset tokenization platform development company. Building a robust and secure platform from scratch can be a monumental task. It requires technical expertise, blockchain proficiency, and an in-depth understanding of regulatory compliance.By collaborating with an experienced development company, you gain a competitive edge. These experts bring a wealth of knowledge and a proven track record to the table. They understand the intricacies of blockchain technology, smart contracts, and the importance of secure data handling. This partnership allows you to focus on your business strategy while leaving the technical aspects to the pros.<h2 class="PlaygroundEditorTheme__h2">Key Considerations for Choosing a Partner</h2>What to Look for in a Development CompanyWhen selecting a development partner for your&nbsp;<a href="https://www.blockchainappfactory.com/tokenization-platform-development?utm_source=Backlink&amp;utm_medium=tokenization+platform+development&amp;utm_campaign=Sharuk+S" target="_blank" rel="noopener ugc nofollow" class="PlaygroundEditorTheme__link">Asset Tokenization Platform</a>, consider the following factors:<ol class="PlaygroundEditorTheme__ol1"><li value="1" class="PlaygroundEditorTheme__listItem">Expertise: Ensure they have a strong background in blockchain technology, with a portfolio of successful projects.</li><li value="2" class="PlaygroundEditorTheme__listItem">Regulatory Compliance: Verify that they understand the legal and compliance aspects of tokenization to avoid any regulatory hurdles.</li><li value="3" class="PlaygroundEditorTheme__listItem">Security: Security is paramount in the blockchain space. Your partner should have a robust security protocol in place.</li><li value="4" class="PlaygroundEditorTheme__listItem">Scalability: Your platform should be designed for future growth. A capable partner will ensure scalability to accommodate a growing user base.</li><li value="5" class="PlaygroundEditorTheme__listItem">User Experience: A user-friendly interface is key to attracting and retaining investors. Look for a partner that prioritizes UX design.</li></ol><h2 class="PlaygroundEditorTheme__h2">Your Path to Success</h2>Seize the MomentIn conclusion, the world of Asset Tokenization is brimming with possibilities, and now is the perfect time to launch your own platform. By partnering with a top-notch development company, you can turn your vision into reality while tapping into a thriving market. As the financial landscape evolves, your platform can become a catalyst for change, offering investors unprecedented access to a world of assets.

2023’s Top 5 Trends in Real-World Asset Tokenization

We are on the precipice of what could be the greatest transfer of wealth that has ever happened in human history.

Even the most novice degens know that the only rule that applies to&nbsp;<a href="https://www.entrepreneur.com/money-finance/5-tips-for-using-cryptocurrency-in-your-small-business/426438" target="_self" rel="follow" class="PlaygroundEditorTheme__link">cryptocurrency</a>&nbsp;markets is that there are no rules. Not even the world's brightest minds can outpace the mayhem that is the world of digital assets. One minute, Michael Saylor and Microstrategy could be live on CNBC discussing their latest billion-dollar Bitcoin purchase, and the next,&nbsp;<a href="https://www.entrepreneur.com/growing-a-business/why-jim-cramer-thinks-small-business-owners-can-do-more/397309" target="_self" rel="follow" class="PlaygroundEditorTheme__link">Jim Cramer</a>&nbsp;could be telling America that he'd never touch Bitcoin with a ten-foot pole, only a couple of weeks after calling it digital gold — it's crazy.The market has been rather uninteresting due to asset prices traveling sideways for the better part of this year. Nevertheless, hope in the vision of the Federal Reserve's mythical "soft" landing, combined with the upcoming Bitcoin halving, has the&nbsp;<a href="https://www.entrepreneur.com/en-ae/technology/the-world-of-web3-a-beginners-guide-to-a-space-thats-set/433957" target="_self" rel="follow" class="PlaygroundEditorTheme__link">Web3</a>&nbsp;community salivating at the prospect of many life-changing opportunities that could be within reach soon. With greed in the air, it would be foolish to ignore the difference in the landscape as the market sentiment shifts.Whether it's the likes of BlackRock looking to issue ETFs to commercialize&nbsp;<a href="https://www.entrepreneur.com/topic/cryptocurrency" target="_self" rel="follow" class="PlaygroundEditorTheme__link">crypto</a>&nbsp;exposure, corporate adoption, multiple&nbsp;<a href="https://www.nytimes.com/2021/04/14/business/coinbase-ipo-stock.html" rel="nofollow noopener" class="PlaygroundEditorTheme__link">IPOs</a>, the rise of artificial intelligence or the attempted onslaught of regulation, there hasn't ever been this much discourse around the digital asset class. That's exactly why you need to know three key things to capitalize on what's to come.<h2 class="PlaygroundEditorTheme__h2">1. Dumb money following smart money is still dumb</h2>One of the most common mistakes prospective investors make, regardless of the target market, is outsourcing critical thinking skills instead of developing their own. Most investors would rather follow someone else's investment decisions instead of doing their own analysis.That's not to say that there is anything wrong with seeking the guidance of someone with more experience; however, it's important to remember that finances, goals, and risk appetite vary from person to person. Blindly following anyone's advice, no matter who they are, is a surefire way to make losing trades. Instead, cultivate the ability to ascertain the&nbsp;<a href="https://www.entrepreneur.com/en-in/finance/how-can-one-calculate-the-fair-market-valuation-of-a/300774" target="_self" rel="follow" class="PlaygroundEditorTheme__link">fair market value</a>&nbsp;of an asset so that you can capitalize on whatever arbitrage opportunities exist within a given market.During times of prosperity, it's quite common for novice investors to fall victim to scams. Whether it's a personal security issue gone wrong that leads to a complete loss of funds or being fooled into investing heavily in a meme coin pump-and-dump, it's important to remember that there's no such thing as easy money. Being equipped with the tools to properly evaluate the&nbsp;<a href="https://www.entrepreneur.com/money-finance/angel-investors-may-be-your-startups-key-to-long-term/444050" target="_self" rel="follow" class="PlaygroundEditorTheme__link">viability</a>&nbsp;of an investment on its merit alone is the biggest key to financial freedom.<h2 class="PlaygroundEditorTheme__h2">2. Crypto's tiny!</h2>As I write this article, the crypto market&nbsp;<a href="https://www.entrepreneur.com/en-in/topic/market-capitalization" target="_self" rel="follow" class="PlaygroundEditorTheme__link">capitalization</a>&nbsp;(i.e., the total size) is hovering around $1 trillion. By all accounts, this is an outrageously large number for an asset class still unacknowledged by some of the nation's&nbsp;<a href="https://www.cnbc.com/2022/04/30/warren-buffett-gives-his-most-expansive-explanation-for-why-he-doesnt-believe-in-bitcoin.html" rel="nofollow noopener" class="PlaygroundEditorTheme__link">elite</a>. However, it pales compared to the vast majority of other asset classes. For context, the US stock market cap is about $47 trillion, while Apple ($AAPL) alone, with a market cap of $3 trillion, is roughly 3x larger than the entirety of crypto.Should crypto's mission to update our archaic financial system as well as financially connect the most economically ostracized parts of the world succeed, the potential upside is undeniable. For example, the recent progress we've seen in developing a Bitcoin spot ETF will drastically increase opportunities for the everyday person to gain crypto exposure without having to take on the operational risk of self-custody.There is an astronomical disparity in the global sentiment towards digital assets. Namely, we've seen more liberated financial markets overseas, like the United Emirates or various countries in Latin America, embrace crypto with open arms while many Americans remain emotionally scarred by the narratives that have been weaponized against them to discourage participation.According to a study done by the Pew Research Center, 75% of&nbsp;<a href="https://www.pewresearch.org/short-reads/2023/04/10/majority-of-americans-arent-confident-in-the-safety-and-reliability-of-cryptocurrency/" rel="nofollow noopener" class="PlaygroundEditorTheme__link">Americans</a>&nbsp;are not confident in the safety and reliability of crypto. This stark contrast sets the stage for rapid price swings. It brings to light the potentially misaligned incentives that might've come into play amidst a weakening dollar and ever-changing geopolitical landscape.<h2 class="PlaygroundEditorTheme__h2">3. Utility</h2>Perhaps the most significant change that has occurred over the last market cycle is the influx of use cases that have finally come to fruition. The overwhelming success and adoption of non-fungible tokens (NFTs) in the world of art and ticketing and the likes of Gucci,&nbsp;<a href="https://www.entrepreneur.com/business-news/el-salvador-makes-history-as-first-country-to-adopt-bitcoin/374156" target="_self" rel="follow" class="PlaygroundEditorTheme__link">El-Salvador</a>&nbsp;and the world's most prestigious brands and countries deeming cryptocurrency legitimate currency, Web3 is no longer possible; it's happening.Various breakthroughs in decentralized technologies have largely addressed the initial limitations of many decentralized protocols. The emergence of proof-of-stake and its many derivatives have enabled builders to put&nbsp;<a href="https://www.entrepreneur.com/en-au/technology/decentralized-technologies-in-sectors-of-the-real-economy/361033" target="_self" rel="follow" class="PlaygroundEditorTheme__link">decentralized technologies</a>&nbsp;in the hands of consumers and drastically expand their applications. And while most degens have been of the opinion that the world of distributed ledgers is 'winner takes all,' it now seems that the broader Web3 community is interested in finding ways to build bridges to bolster collaboration, an essential ingredient for mass adoption.<h2 class="PlaygroundEditorTheme__h2">Conclusion</h2>We are on the precipice of what could be the greatest transfer of wealth that has ever happened in human history. The essence of blockchain is to create an equitable world where no one would ever fall victim to the abuse of power.Bitcoin's creator, Satoshi Nakamoto, dreamed about a more financially free world where everyone can participate. And while he could not, in his wildest dreams, envision how it would all play out, he must be happy to see both the financial and lifestyle benefits of his technology becoming reality for so many people worldwide.

Why the Next Crypto Bull Run Will Be Like Nothing We've Ever Experienced

Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

Dubai, UAE —<a href="https://beconomydubai.com/" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">The Blockchain Economy Dubai Summit</a> is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event. Scheduled for October 4-5, 2023, at the Le Meridien Dubai Hotel &amp; Conference Center, this prestigious event gathers over 3,000 blockchain entrepreneurs, crypto enthusiasts, and industry leaders from 85 countries.<img class="PlaygroundEditorTheme__image editor-image" src="https://coinvoice-international.oss-cn-hongkong.aliyuncs.com/profital-prod/article/20230923/2023092307125714350678.jpg" alt="" width="inherit" height="inherit">The Summit is bolstered by its high-profile sponsors, including OKX as the Title Sponsor and other significant partners like Uniqan Capital, Foxify, Saitama, B2rbroker, B2BinPay, UZX, Bitunix, Tencent Cloud, Expand My Business, Avrora Metaverse, P2Pbet, Areon Network and many others who are building the future of web3 solidifying their positions in the industry.Attendees can anticipate insightful dialogues from an illustrious panel of experts, including:<ul class="PlaygroundEditorTheme__ul"><li value="1" class="PlaygroundEditorTheme__listItem">Lennix Lai, Global Chief Commercial Officer at OKX</li><li value="2" class="PlaygroundEditorTheme__listItem">Dr. Ebrahim Al Alkeem, Director at the Government of Abu Dhabi and an authority on Digital Transformation, Cyber Security, and Artificial Intelligence</li><li value="3" class="PlaygroundEditorTheme__listItem">Martin Hanzl, Head of New Technologies at EY Law</li><li value="4" class="PlaygroundEditorTheme__listItem">Michaël van de Poppe, CEO &amp; Founder of MN Trading</li><li value="5" class="PlaygroundEditorTheme__listItem">Akshay Chopra, VP, Head of Innovation &amp; Design at Visa CEMEA</li><li value="6" class="PlaygroundEditorTheme__listItem">Vladimir Nikolenko, CBDC &amp; Digital Assets Associate Director at Accenture</li><li value="7" class="PlaygroundEditorTheme__listItem">Amnah Ajmal, Executive Vice President, Market Development, EEMEA, Mastercard</li><li value="8" class="PlaygroundEditorTheme__listItem">Sam Blatteis, CEO of The MENA Catalysts</li><li value="9" class="PlaygroundEditorTheme__listItem">Phillip Liu, General Manager of Tencent Cloud International in the MENA Region</li><li value="10" class="PlaygroundEditorTheme__listItem">Dr. Salim Al-Shuaili, Senior Executive at the Ministry of Transport, Communications and Information Technology of Oman</li><li value="11" class="PlaygroundEditorTheme__listItem">Adrian Zduńczyk, Founder of The Birb Nest</li><li value="12" class="PlaygroundEditorTheme__listItem">George Gvazava, Chief Crypto Officer at Bank of Georgia</li></ul>A distinguished Forbes personality, Senior Producer, and Presenter, Ramia Farrage, will serve as the Master of Ceremony for the two-day duration of this anticipated Summit.The Summit promises engaging and comprehensive discussions on groundbreaking topics, framed in their most sophisticated formats: Investment and Trading Strategies: The Future Landscape; Decentralized Finance (DeFi): New Frontiers; Transitioning from Web2 to Web3: A Roadmap; Regulatory Frameworks for Cryptocurrency Usage; Seamless Payment Applications in Blockchain; The Intersection of AI and Web3: A Harmonious Convergence, among many others.The event is uniquely positioned to attract a diverse cross-section of stakeholders, including C-level decision-makers, venture capitalists, blockchain entrepreneurs more than 100 global media organizations, institutional and private investors, influencers, and many others. The Happy Bird tickets for the Blockchain Economy Dubai Summit 2023 are nearing a sold-out status, and soon only Lazy Bird tickets will be available. For individuals aiming to dive deep into groundbreaking innovations, eager to network with global decision-makers from all around the world, or interested in exploring Dubai’s web3 market, <a href="https://beconomydubai.com/tickets" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">the time to act is now.</a>Exceptional Perks for AttendeesEmirates Airlines, as the Official Airline partner, is offering exclusive travel discounts for global attendees of Blockchain Economy Dubai Summit. To further enhance attendee convenience, the organizers also provide specially discounted room rates at the Le Meridien Dubai Hotel &amp; Conference Center.Event InfoEvent name: Blockchain Economy Dubai SummitDates: October 4-5, 2023Event website: <a href="https://beconomydubai.com/" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">https://beconomydubai.com</a> Last Happy - Bird tickets: <a href="https://beconomydubai.com/tickets" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">https://beconomydubai.com/tickets</a> Event hashtag: <a href="https://www.blocktidesmedia.com/all-news/hashtags/BESUMMIT" target="_self" class="PlaygroundEditorTheme__link">#BESUMMIT</a> Dubai 2023

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Nomination Deadline for the 4th Annual TravelTech Middle East Awards

Here’s your window of opportunity to nominate a deserving candidate, for the <a href="https://traveltechme.com/" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">4th Annual TravelTech Middle East Awards</a> – taking place at the Address Dubai Marina, UAE on October 11th and 12th.NOMINATION DEADLINE – September 30th, 2023With the deadline just around the corner, here’s a chance to shine the spotlight on a worthwhile candidate’s commendable achievements.The categories for the awards are as follows:<ul class="PlaygroundEditorTheme__ul"><li value="1" class="PlaygroundEditorTheme__listItem">Leading B2B Travel Provider</li><li value="2" class="PlaygroundEditorTheme__listItem">Best B2B Travel Portal</li><li value="3" class="PlaygroundEditorTheme__listItem">Top Destination Management Platform</li><li value="4" class="PlaygroundEditorTheme__listItem">Leading Innovative Airline</li><li value="5" class="PlaygroundEditorTheme__listItem">Most Disruptive Travel Tech Provider</li><li value="6" class="PlaygroundEditorTheme__listItem">Leading Travel Booking Website</li><li value="7" class="PlaygroundEditorTheme__listItem">Best Travel Customer Experience</li><li value="8" class="PlaygroundEditorTheme__listItem">Best Tech-Savvy Luxury Hotel Brand</li><li value="9" class="PlaygroundEditorTheme__listItem">Best Travel Tech Startup</li><li value="10" class="PlaygroundEditorTheme__listItem">Best Tech-Savvy Budget Hotel</li></ul>Past winners include renowned organizations such as The Oberoi, Avis, Kanoo Travels, and Bucketlist City.To nominate, reach out to:<a href="mailto:awards@verve-management.com" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">awards@verve-management.com</a> WHY NOMINATE?Network – Connect with like-minded travel industry experts, and potential collaborators at the TravelTech Middle East Summit, in Dubai, UAE next month.Credibility – Gain well-represented recognition from pioneers and professionals in the region, as a frontrunner in the travel and tourism industry.Inspiration – Stir the conversation amongst other trailblazers in the industry, with success stories REGISTRATION FOR THE EVENT IS OPEN; GET YOUR TICKETS <a href="https://traveltechme.com/register/" target="_blank" rel="noopener noreferrer" class="PlaygroundEditorTheme__link">HERE</a> NOW.Isha Surve (isha@verve-management.com)Marketing ExecutiveVerve Management UAE

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In the rapidly evolving world of Web3, two critical challenges have emerged: privacy and scalability.

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The 4th Annual Future Banks Summit & Awards: Recognizing Innovation & Resilience in The Kingdom

“Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4th Annual Future Banks Summit &amp; Awards KSA, in Riyadh, Saudi Arabia. Over the course of a few years, we’ve witnessed the Middle East make bold moves in order to propel the region’s financial sector toward a future driven by digital transformation. Recognizing the pivotal role that technology has played in the global economy, the Kingdom of Saudi Arabia is set to revolutionize its banking industry, introducing cutting-edge technology and best practices such as Open Banking and Synthetic AI.Notable insights and discussions emerged through the course of the event, reshaping views on a highly dynamic, transparent economy for instance. “In a world like the one we’re in today, every transaction takes place in real-time, and risks increase. With this in mind, real-time payment analytics and transaction risk scoring systems are essential for adept functioning.” Said Suresh Ramamurthi – Chairman of CBW Bank. Transparency is vital – if not of utmost importance – in maintaining customer loyalty, and trust in an industry maintained by fintech organizations. Ultimately, banks, NBFIs, and regulators work hand-in-hand, to maintain balance while simultaneously providing risk mitigation amongst customers; “We are not competing with banking institutions, we support them as they support us.” Said Abdullah AlShahrani – Director of Digital Transformation at Tamweel Aloula.Overall, this year’s summit was marked by discussions that overarched the realm of success, and the prestigious Future Banks Awards which recognized long-standing achievements within the banking and fintech industry.HighlightsBest Fintech Firm of KSA 2023 Tweeq – the spending account app built on the foundation of trust – was the proud winner of Saudi Arabia’s Best Fintech Firm 2023.Rising Star Bank of KSA 2023 D360 Bank was the well-deserved winner in this category, for their continual innovation driven by customer-centricity.Best NBFI of KSA 2023 Morabaha Finance won the award for ‘Best NBFI’; their unwavering commitment to providing long-term sustainability makes Morabaha deserving of this recognition.Leading Islamic Bank of KSA 2023 Alinma Bank was the winner of the award, recognizing the value their team continually adds to every aspect of their operations – from the customer experience to quality standards.Best Banking Customer Experience SAB won the award for this category; being one of Riyadh’s largest banks, Saudi Awwal Bank has been an effective partner in supporting the Kingdom’s economic development, as a consequence of providing an unparalleled customer experience.Best Banking Technology Initiative Riyad Bank was the winner in this category, at the Future Banks Summit &amp; Awards this year. Riyad Bank strives to develop sustainable client initiatives, making them a reliable financial solutions partner, and a worthy awardee.Best Retail Bank of KSA Banque Saudi Fransi was applauded for its sustainable pattern of growth, positioning the dynamic bank as an institution geared to meet the expectations of the future.Top Digital Bank of KSA Bank AlBilad’s team was recognized for continuing to strive for excellence in the Islamic Banking sector, thus transforming the needs of their stakeholders into reality.The organizing committee was proud to have worked alongside reputable partners, through the course of the two-day event: Gold Partners – Denodo, Uniphore, Kyndryl, and Zypl.ai; Bronze Partners – Finshape, AQM Technologies, iGCB + Intellect Design, Creatio and NetXD; Networking Partners – Evam and Selaa; Associate Partners – Synechron, BankCube, AtlLabs and Andersen; Support Partner – IGOAI.Through this initiative, Verve Management strived to recognize the resilience, dedication, and success encompassing the works of some of the Kingdom’s top financial institutions. The awards ceremony was the icing on the cake, working to exemplify the commitment of banks and NBFIs in driving innovation and customer-centricity.For more information, get in touch:Isha Surve (isha@verve-management.com)Marketing ExecutiveVerve Management UAE

PolkaWorld, a prominent community on the Polkadot network, has suspended operations after its funding proposal was overwhelmingly rejected by the community. The proposal requested funds to cover operational and maintenance costs, but with 93.3% of the votes against it, the community had to halt its operations. Members of the community criticized the new open governance structure implemented on Polkadot, called "OpenGov," and expressed a desire to reinstate the previous council system.

PolkaWorld Hits Pause as Founder Faults Polkadot Governance Change

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