One innovative new Web3 project is seeking to break through new barriers by combining nonfungible tokens (NFTs) with real-world luxury Swiss timepieces, in-person masterminds and a vibrant digital community of visionaries, changemakers, high-net-worth individuals and blockchain enthusiasts.
The project, called Legion, consists of 333 NFTs. The mint happens on Thursday, Sept. 29, and demand was strong for this project during the presale phase. As of writing, over 110 NFTs have been sold by the founders through their personal networks. The price of each Legion NFT is 4.44 Ether (ETH) as of the mint.
“I call it a unicorn offer,” said co-founder Stefan Georgi, “because every time we share Legion with the right people, they want to be a part of it.”
Legion is the brainchild of futurist and exponential entrepreneur Jonathan Foltz, luxury watchmaker Craig Shah, entrepreneur and blockchain adviser Stefan Georgi, and genius brand creator Umer Hadeed. The team seeks to merge the worlds of luxury e-commerce, live events and digital communities in a way that’s never been done before. Further, their goal is to help drive society’s transition from Web2 to Web3 by getting everyday people to see how NFTs can have massive real-world utility.
“The use cases here are insane,” said Shah, founder of Craig Shelly watches in Beverly Hills and a partner in Legion, adding, “With many NFT projects, you’re getting some cool artwork and access to a Discord channel, but that’s it. With Legion, the watch alone is valued at $6,000 minimum. People routinely pay $25,000 to be part of good masterminds. And the community we’ve built around the project is second-to-none.”
How Legion plans to revolutionize the world of in-person masterminds and event
To partner Foltz, it’s the community and network aspect that’s most exciting. “For those who don’t know, masterminds are essentially just ‘get-togethers’ where like-minded people work together to achieve a common goal. In the case of Legion, our mastermind community is filled with leaders in Web3, e-commerce, investing, exponential technologies, real estate and other industries, all collaborating and sharing ideas and opportunities.
Here’s the unique part, though: Because membership is held through the Legion NFT, people can buy or sell a membership to this community at any given time on secondary markets like OpenSea. This hasn’t been done before in the world of in-person masterminds, but it’s going to become the norm.”
The Legion NFT reveal will be happening at a live party for all Legion holders on Oct. 8, 2022, in Las Vegas. For anyone interested in finding out more about the Legion project, including the team and its roadmap for 2023 and beyond, you can go to www.wearelegion.xyz.
“I’ve worked on some incredible projects with companies like Samsung, Coca-Cola, Nokia and Huawei,” said Hadeed, co-founder of Legion, adding, “But I don’t know if anything has ever had me more excited. This project truly has the potential to accelerate the transition from Web2 to Web3. And it’s going to be fascinating to watch.”
The Legion NFT project at a glance
Real-world Swiss watch drop and claim:
333 luxury watches directly from Switzerland — from our partnership with renowned Swiss watchmaker Craig Shelly.
- 321 Watches — $6,000 value each.
- 11 watches — $20,000 each.
- 1 Tourbillon watch worth $150,000.
- Randomly selected upon reveal.
- Each watch is fully custom, sequentially numbered and to never be built again.
In-person masterminds:
- Oct. 8 NFT reveal event in Vegas (PGA Tour events from Oct. 6 to 9).
- March and September 2023 NFT members-only masterminds.
13 digital masterminds:
- From December 2022 to December 2023.
- Digital masterminds for collaboration, networking and building.
- The biggest players in Web3, blockchain, marketing, the investment space, business development and technology — all together in one place.
Legionnaire-based NFT art by world-class artists:
- Combining the classic Legion style with a futuristic look and feel.
- Each one of these magnificent art pieces is your portal into the Legion community.
NFTs are tradable on secondary markets:
- OpenSea
- Rarible
- Other Ethereum-based NFT marketplaces.
The timeline and sequence of events
- NFT Mint: Pre-reveal — Sept. 29, 2022, happening at https://www.wearelegion.xyz/
- NFT Reveal: Oct. 8 at 8 pm in Las Vegas. Part of an NFT holders-only event at the PGA Tour from Oct. 6 to 9.
- Luxury Swiss timepiece claim: Dec. 1, 2022, to Jan. 31, 2023.
- Monthly digital masterminds: December 2022 to December 2023.
- 2 in-person masterminds: March and September 2023.
Media Contact
About Legion
It is founded by Jonathan Foltz, Stefan Georgi, Umer Hadeed and Craig Shelly. The founders have extensive knowledge and experience in e-commerce, innovative product design, blockchain development and the private mastermind event space.
Trading volumes between the British pound and the cryptocurrency bitcoin spiked to a record high after sterling dropped on Monday, according to market data firm Kaiko Research, in what analysts said was likely a rush by investors to dump their sterling for the digital asset or profit from arbitrage.
The pound fell to a record low against the dollar on Monday, having plunged the previous Friday after the UK government announced unfunded tax cuts.
The volume of transactions in the bitcoin-sterling trading pair across eight major exchanges globally spiked to a record high of 846 million pounds ($920 million) on Monday, according to Kaiko Research, compared with an average of around 54.1 million pounds a day so far in 2022.
The surge was likely due to traders swapping sterling for bitcoin, said James Butterfill, head of research at crypto firm CoinShares.
“There is a high correlation to bitcoin volume growth and political/monetary instability,” he said.
Butterfill said spikes have previously occurred in other currencies’ crypto trading volumes, such as the Russian ruble and Ukrainian hryvnia, but that he had never seen such big moves in the bitcoin-sterling pair’s volume.
Conor Ryder, research analyst at Kaiko, said the data suggests cryptocurrency markets reacted to the volatility in fiat currencies. When sterling crashed on Sept. 26, “opportunistic investors rushed to crypto exchanges offering BTC-GBP to try and profit via arbitrage from any mispricing of bitcoin across the major fiat currencies,” he said in emailed comments.
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Building on recent success, Supermoon Camp together with The Web3 Gallery just held its Mainnet Gala during Messari Mainnet week. Mainnet Gala welcomed over 300 executives, investors and talented entrepreneurs for three hours of networking and an immersive art experience.
Supermoon is bridging together executives, investors and founders with a mission to elevate the Web3 space. Mainnet Gala was a successful result of Supermoon’s effort to achieve its mission, revealing future plans, including the Supermoon 2023 initiative that will go beyond high-impact events to facilitate the growth of Web3 projects at the very beginning of their journey.
Supermoon is bringing onboard reputable advisors, mentors and entrepreneurs to enable the Supermoon 2023 initiative and its goal to advance the Web3 space.
Not stopping, Supermoon will embark on another Supermoon Camp during Art Basel this Nov. 30 to Dec. 5. The renowned five-day pop-up event unites crypto eclectics and thought leaders at a private venue in Miami for innovative collaborations, talks and relationship-building. The last night of the camp will culminate with the legendary Mansion on the Moon event at a secret venue in Miami.
Supermoon Camp helps professionals build genuine and lasting relationships through an exclusive community of blockchain innovators, enthusiasts and high-impact networking events.
Web3 Gallery is the world’s first crypto, Metaverse, Web3 gaming and NFT experience, quickly becoming a hub for Web3 innovations.
Socials
A landmark partnership between ITV Studios and Reality+ means fans will soon be able to buy and trade officially licensed nonfungible token (NFT) artwork based on the classic TV show Thunderbirds.
ITV Studios has partnered with Reality+ to create the “Thunderbirds: International Rescue Club,” a premium, utility-focused NFT community experience that represents an exciting reimagining of the classic property’s unique style and vision for the 21st century.
Owners of Thunderbirds: International Rescue Club artworks will be granted access to their own unique avatar for use in The Sandbox metaverse alongside unique competitions, giveaways, free drops and official merchandise, and a generative art drop on Sept. 30.
Sebastien Borget, co-founder and chief operating officer of The Sandbox, said, “We’re pleased to partner up with ITV Studios and Reality+ to launch the legendary Thunderbirds franchise into the metaverse. The Sandbox continues to bring culture and entertainment with Thunderbirds, allowing fans to own, play and become creative as they imagine and bring to life new adventures and stories with their characters of the original series.”
The project will also give holders the opportunity to take part in real-world “Rescue Missions,” in which funds generated via the Thunderbirds: International Rescue Club’s NFT sales will be used to aid charities and good causes around the world.
The Rescue Missions
Thunderbirds: International Rescue Club is an international organization set up to change the world, one rescue mission at a time. A global community of Thunderbirds fans all over the world joining together to support our missions. The project has raised 7,500 British pounds of its fundraising goal, and as part of the launch this week, 20% of all future sales go directly toward helping charities like Dobrich Dog Rescue. The community will help to decide what future missions Thunderbirds: International Rescue Club undertake.
Mission 1 took place at Dobrich Dog Rescue in Bulgaria, a charity that rescues and rehomes stray dogs.
Bankrupt crypto lender Celsius Network said on Friday it is not seeking to enforce payment obligations for outstanding loans during its Chapter 11 proceedings and that borrowers do not need to repay such loans.
New Jersey-based Celsius said no interest or penalties will be assessed post loan maturity, in a filing at the U.S. Bankruptcy Court for Southern District of New York.
Celsius filed for bankruptcy in July, with estimated assets and liabilities between $1 billion to $10 billion, with more than 100,000 creditors.
The lender also listed a $1.19 billion deficit on its balance sheet and had about 23,000 outstanding loans to retail borrowers totaling $411 million backed by collateral with a market value of $765.5 million in digital assets, as of July 13 this year.
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With massive festivals and clubs partners, such as Amnesia Ibiza, World Club Dome, Green Valley, Supersonic, We Are Fstvl, Caprices, Junction 2 and many more to come, The List will be the only one you’ll want your name to be on.
The List is setting a foundation in the form of establishing partnerships with some of the best clubs and festivals and building a community around this first nonfungible token (NFT) collection, on which Klubcoin is going to continue building, indeed many partners of The List are also part of the Klubcoin ecosystem.
The wristbands
7,777 unique NFT wristbands will be minted, each of which will be adorned with a slug coming from the dance music lexicon, with various categories, colors, backgrounds and styles to ensure the rarity of the items of the collection.
“I play vinyl,” “You are not on the list,” “We prefer Z to A,” “Techno,” “Burning man changed my life” or “I hate airports” will be part of many different words and expressions coming from the scene’s terminology. Each wristband carries the rave culture wherever it goes.
The 3D modeling, design and concept execution of the project is done by Broken Egg.
Generative 3D rendering will be used to create the 7,777 NFTs with more than 130 traits and millions of possible renditions, which will be immortalized on the blockchain.
The lucky owners of the two rarest categories will receive a physical bracelet, the in-real-life version of their NFT.
Lifetime access
More than 150 exclusive items of the collection will grant lifetime access to worldwide famous clubs and festivals, such as Amnesia Ibiza (Spain), World Club Dome (Germany), Green Valley (Brazil), Supersonic (India), We Are Fstvl (United Kingdom), Junction 2 Festival (United Kingdom), Caprices Festival (Switzerland), Rampage Open Air (Belgium), Barcelona Beach Festival (Spain) and many more.
This non-exhaustive list of iconic clubs and events is already growing and will be revealed a few days before the drop.
Exclusive shows by The List
Electronic music fans will have two more events to look forward to. The List in collaboration with Clubbing TV is going to organize a show during Art Basel in Miami (December 2022.) and a festival in Croatia (August 2023.). All of The List NFT holders are going to have an exclusive privilege to join these two events and meet their favorite artists.
In the metaverse
In addition to the IRL experiences, owning a wristband from The List will give you a wearable perk in one of the biggest metaverses, Decentraland. The wearable NFTs powered by DJenerates and Decentral Games will be airdropped to more than 5,000 selected owners of the collection, giving access to exclusive events in the metaverse and to the VIP area of the Amnesia and JENR8 virtual clubs.
Whitelisting for the future party in the metaverse to be launched by Clubbing TV will be granted to all The List holders for future land sales.
Other perks
Owning a The List NFT is going to unlock a few other benefits: participation in weekly giveaways, where you could win signed merch from an artist, LP box sets, tickets to hyped events and exclusive access to new releases.
Also, The List holders are going to have the power to create and manage a podcast and a TV show on Clubbing TV.
JOIN THE LIST:
- Discord: https://discord.gg/zm8DUACHEy
- Twitter: https://twitter.com/The_ListProject
- Website: https://thelist.clubbingtv.com/
- Premint: https://www.premint.xyz/the-list-project/
Today we are happy to announce the launch of Sociogram. The first social network with a focus on decentralization and security.
Sociogram respects the basic human right of freedom of speech. With the help of decentralized protocols, it allows you to return this right that traditional social networks have stripped you of.
We also stand for:
- Freedom of choice and freedom of sharing.
- The right of users to own their content and dispose of it, including selling or buying directly from other users if needed.
- Self-regulation of content, which means that users can act as moderators and decide the fate of any questionable content.
What it is
With Sociogram, you can communicate, create, share your content and search for users with similar interests. It is a perfect match for those who want to produce and distribute their visual or text content freely and be able to express any opinion without restrictive algorithms or shadow bans.
Sociogram does not own user-generated content, which removes the possibility of editing, deleting or banning user-generated content, as the platform has no right to do so.
Sociogram is based on Web3 principles, and freedom of speech and uses blockchain technology to store the content in the ERC1155 token standard, which allows users to own the content they’ve created, unlike mainstream social networks. In traditional social networks, users transfer content ownership rights to the platform after publication.
Why we built it
We believe that online privacy is of key importance now, and everyone has the right to keep their data secret. With Sociogram, you don’t have to worry about data leaks.
Like everyone else, we are fed up with targeted ads. Actually, we see it as personal boundary violations. We aim to protect your personal data from marketers, advertisers and scammers while encouraging open communication.
No ads, no content curation, no personal data collecting, no data resale.
With Sociogram, it is impossible to collect data for subsequent use for any kind of manipulation, like the one we’ve seen with the Facebook–Cambridge Analytica data scandal.
We stand against the imposition of any content and blatant mind control. There are no hidden algorithms, no censorship or any kind of content manipulation on Sociogram. Any content imposition or shadow bans are nonexistent. Sociogram shows the content of your subscriptions in chronological order without any curation algorithms.
Why it’s secure
Sociogram is built with an emphasis on decentralization and gradually applies decentralized blockchain protocols without affecting the user experience.
Sociogram is a more secure social network compared to mainstream ones, as it is based on blockchain technology and doesn’t store any personal data. What Sociogram stores are usernames and public account addresses. Your profile assets are also safe, as Sociogram doesn’t have any access to them.
The only authorization method is via Web3. It lets you log in quickly and easily, without disclosing personal information sensitive to a data breach, like your email or phone number. You are not forced to use your real name either — you can choose any username you want.
As Sociogram is based on the principles of freedom of speech and privacy, we stick to the General Data Protection Regulation requirements so we neither use your data for targeted ads nor disclose it to third parties. You can learn more about Sociogram security here.
Messenger
To ensure maximum security, chats in messenger are always protected by end-to-end encryption. This means that only you and your contact can read them. Encryption and decryption keys are individual for each user, which increases the level of communication security.
We are creating a new reality where personal data is always personal.
There are three levels of security that you can choose from in security settings:
- Light
- Medium (set as default)
- Advanced.
We’re holding a Web3 meme contest now with a $15,000+ prize. The results will be on October 14. More info on our website.
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Nostraverse is one of the most exciting Metaverse projects to be launched thus far – and
their CEO and Founder, Sam Clever, has ambitious plans as he looks to drive forward the
Metaverse revolution.
Speaking exclusively to Crypto Intelligence News just days after it was announced that
Nostraverse would be launching a Dubai subsidiary in 2022, Sam Clever discussed the origins
of his project and the future of the Metaverse, among other things.
What made you decide to set up a Metaverse project?
In 2020, my son recommended that I buy an Oculus Quest One, given the growing
fascination with virtual reality. I took his advice and bought a an Oculus Quest One. And
when I actually used the VR device, I was intrigued. From there, I started to think about all
the possibilities of what we can expect in the future leveraging these kinds of technology.
Inspired by this experience, I immediately started a company, which later grew into
launching several additional companies. I found people, very good people, and I sold all my
assets. I let go of my other pursuits so I could solely concentrate on this one endeavor. And
last year, October, when Mark Zuckerberg announced that they changed the company’s
name from Facebook to Meta in reference to the Metaverse, we knew what we had.
Our driving idea was actually to create virtual environments and to connect them together.
And that’s how we built our web VR platform, which allows us to manage all 3D assets in a
single portal.
Our platform is incredibly efficient and stable. And from that day on after we heard there’s a
Metaverse, we knew what we had something big, so we started to create specific
environments for several use cases.
As for where we are today, we developed into a B2B2G, with the Metaverse as a service
platform. And we are a transformation partner for several use cases or for specific use cases
in the Metaverse. And this is just the beginning.
How does Nostraverse compare to other popular Metaverse projects such as the Sandbox?
There is a vast difference between a Sandbox and us. The Metaverse is divided into different
versions, decentralized versions and centralized versions. On the decentralized side, you will
find Sandbox, Decentraland, and Upland, which provide 3D environments accessible through
computers, mostly just with the computer desktop. I don’t really consider these platforms a
Metaverse.
Instead, I would call them a kind of a virtual reality game, where you have the opportunity to
act or interact with an avatar that is remotely controlled. It’s not actually your own control
but control with a mouse. And you can interact with other tasks, like joining a room, jumping
around, having fun, and dancing. You can also visit environments, but you visit them actually
via a computer, not really acting as an avatar in a Metaverse.
On the other side, we have the centralized Metaverse. Here we talk about Horizon, the one
from Meta, and Spatial, RecRoom, VR Chat, and AltspaceVR. And within this grouping of
centralized Metaverse projects, I would even separate them into hybrids and PureVR.
What is a hybrid? A hybrid is a Metaverse that is accessible through a VR device and also on
a computer. This is annoying to me personally, because that means that people who are
really accessing the Metaverse using a VR device are behaving as part of the Metaverse
because they’re really in there. And on the other side, you have users who are controlling
the avatar instead, controlling it remotely with their mouse. This is where two totally
different characters collide, and it’s annoying for the ones who are using VR, so this is the
divide I want to create.
With PureVR, which is Horizon and us, you can only access the Metaverse through VR. So
you have the highest level of immersive experience and access to the best way of learning
and interacting with avatars with audio-visual interaction.
Do you plan to launch a native token?
We have been thinking about launching a utility token, but I think it is far too early. In our
opinion, cryptocurrency and NFT blockchain technologies are awesome, and they will be a
critical part of our entire infrastructure when it comes to the Metaverse.
But at the moment, we don’t see really a good use case in this area. We will wait and
continue to monitor the market. And I think the day will come when we launch a utility coin
within our Metaverse to fulfill transactions. For instance, I expect that in 2023, wearable
assets on simulated avatars, which are actually acting in POVR Metaverses, will be a huge
market and a marketplace. Therefore, eventually a token will be necessary, but at the
moment, we’re considering it but don’t have concrete plans.
Why are you launching a Dubai subsidiary?
Dubai actively tries to be at the forefront of technology. Their ruling family called out the
Metaverse couple of years ago already, and now they’re really pushing forward.
Last year, we have started to gain some traction in Dubai, but that was too early in my
opinion because they still thought about the future of Metaverse as something more like
Sandbox. But in Sandbox or Decentraland, you cannot really transfer workflows into it. It’s a
platform where you spend time. In May, Dubai announced that they’re looking to transfer
several government services into the Metaverse to provide better service for its citizens
while providing opportunities to be more open to the world. And this is the point where we
came in, as we have been specializing on the onboarding process for the company for the
past month.
At the moment, we see the greatest opportunities or future opportunities in the Metaverse
for onboarding, because onboarding is a process that people don’t really like. Onboarding is
a struggle. You have to read a lot of things. You have to complete tasks and trainings, and
this entire process can be perfectly gamified into a Metaverse experience.
So, what advantage is there for companies using this process? You will lower your costs and
be more efficient. Your people will have more time, and new employees will have more fun
learning about the company while getting closer to it, as it gives them insights into who
they’re working for, making the company feel more relatable, like it has a heart and soul. On
the other side, your team will get their first chance to experience the Metaverse. This is
important because if you compare it to the internet, which came up 1994-96, the first place
where people were exposed to the internet was actually at the office, so this is where it
starts.
And it’s important that companies start with their business solutions in the Metaverse. This
transformation has begun because we are already creating solutions for companies in
Europe and the US. So, it’s important to point out the transformation has begun with the
onboarding process, and this is the ideal pilot to integrate several areas of the company into
the Metaverse.
And therefore, in Dubai, we see great potential. We came here because we are convinced
that we will find good people here. We also believe we will find support of the government.
We are also convinced that we are the only one that can really provide services like
government services. We are also actually working with a big company in Spain as a gateway
to travel, as well. So as more of this comes together, the circle closes.
What are your thoughts on the future of the Metaverse? What key challenges does the
industry face?
This will be an interesting answer. The future of the Metaverse is actually a paradigm shift in
the way we live, think, and communicate. We expect a massive transformation of our entire
civilization in the next 20 years. Mainly, we will have a huge jump into the Metaverse in the
next five years. I think the next five years will be very focused on companies, where
companies start to transfer several workflows into the Metaverse.
Therefore, we are preparing a product that we call VMA. It’s a Visual Metaverse Appearance.
Our goal is to give SMEs easy access to having a presence in the Metaverse and start
working with the technology and open companies to customers, consumers, present
products, and communication.
I think in 2022 and 2023 the Metaverse is more about appearance, communication, and
learning. With the internet, the first websites were simply presenting something. So people
started to go the internet to find content that was presented to them. But after some time,
we engaged in more interactive transactions. And I expect this trend for the Metaverse from
late 2023-25, where we will begin to have transactions . We will come to smart contracts,
and this will be the time where NFTs will also really come into play. I see the future of NFT
and blockchain not in gambling and not in buying virtual real estate but in transactions. This
will be based in moving assets, like a digital contract or whatever it is into your wallet, to
better control your assets and your ownerships.
This transformation will start companies in onboarding, for example, then team building,
then training sessions. The next step will be product presentations and workshops. You can
create workshops for your customers to understand your services better. This is where it all
starts.
Another area we are exploring is the Travel Gateway. This will allow people to get an
immersive experience in how to plan their travel or what they can expect from traveling
somewhere. This can also open up new opportunities, for example, for older people who are
retired to engage again in exciting possibilities. I see a huge opportunity in the retiree
demographic. I feel like society tends to disregard them. Many are homebound, but have
productively served society for the entire lives, and we often push them aside as they age.
I think there is a better way. We can open doors to this new world, giving them the chance
to be part of a community again. They have the chance to connect with people and share
their experiences and knowledge.
Coming to the Travel Gate will give people the chance to travel around the world to see
places, to understand culture. And I think it’s very important for our own experience to
understand how cultures work. And the more I can learn about cultures, the more I will have
an understanding about other humans. And I think this can drive real transformation of and
create more understanding of who we are and what we do.
So, we will combine many things here together, but the Metaverse will be a world where we
create a better world with less violence and no wars. People will be free to enter a world
and be whatever they want to be, and they can openly communicate. Additionally, we have
an enormous opportunity when it comes to education. My dream actually is that we open
universities with no barriers so people can apply for a degree that costs little to no money
and without obtaining prior education. Simply go there if you’re capable. If you’re capable of
learning, you should have the chance earn a degree. And we have a worldwide education
rate of about 7% currently, imagine if we could raise that to 15 or 20–the world will change
entirely.
And I see so many opportunities in Metaverse that there’s no way around. Right now people
are still discussing what it it is and wondering what will happen in the Metaverse. The
Metaverse is here already, and there’s no way around. We . can look to the internet as a
similar case study. There were people in the mid-nineties that said the internet is not going
to survive. Imagine that! As late as 2010 people thought it will not survive. They imagined it
as a temporary thing, something that happened but hit its peak and would eventually
disappear. No, it’s not. Today the internet forms the basis of our entire global infrastructure.
We could not even survive two days without the internet.
So to be clear, the choice to be free is long time gone. You’re not even free to have no
mobile phone. So many applications that are a part of daily life are running on mobiles. If
you think that using a mobile phone is a free choice, you’re wrong.
And at some point, let’s say 10, 15 years down the road, being in the Metaverse will not be a
choice. You will not be able to survive without using it. But there’s a lot of things we have to
do first and a lot of issues we have to solve.
The industry right now is totally underestimating the Metaverse, so that’s why I believe
ignorance can harm the existence of companies. Foresight is very important because there’s
a new world of opportunities available. Given that avatars interact with each other, that
means every industry that is based on personal interaction can be disrupted. Many
industries will be disrupted. So I recommend to all industries, explore the Metaverse and get
a clear picture of what’s happening there. It’s very important to understand that this
technology will change the entire business world.
Those who are ignorant at the moment, they might harm their existence. They might not
even exist anymore in5 5-10 years. So there’s a lot of things to do, but governments and
institutions need to educate others and point out what the Metaverse needs. It makes no
sense to put your head in the sand and hate Mark Zuckerberg for what he’s doing. There’s so
many things happening. There’s so many platforms.
So, my advice to every industry is, take the Metaverse seriously. Ignoring future technologies
could be the end of your existence. On the other hand, you have so many opportunities to
hit these G targets. You can lower your costs. You can offer your people richer experiences.
You can really strengthen the emotional connection between employees and companies.
Anything else you’d like to add?
We need regulation with institutions; we’re looking into that. Currently, there are growing
communities such as Red Room, Spatial, Horizon, VR Chat, and Outspace VR, but the
communities they are growing are supporting criminal activity. They’re building workshops
to engage in illegal activities.
We’re missing so much right now. We allow people to create communities and to radicalize ,
creating extremists. We have to be very careful. Therefore, Nostraverse has decided that we
are not going to be an open platform. We are B2B platform. Any company running an
experience on Nostraverse is allowed to invite as many consumers, as many stakeholders as
they want, but we have to make sure that we don’t allow a bunch of people to walk into
environments and engage in sexual harassment, insulting people, and racist attacks.
There are so many negative experiences right now because the Metaverse itself is like a
second world we’re creating where people think they’re anonymous. They walk in and do
bad things and their avatars can be created randomly. That means you don’t even recognize
the person anymore – just the voice. So there’s a lot of work to do, and we need regulations within institutions.
We have to examine that very closely. But on the other hand, we have so many
opportunities for good, but the worst thing we all can do isignoring what’s coming towards
us. This is a colossal mistake. I see my position as CEO and founder of Nostraverse as one to
explore research and education, as I want to make this world a better place.
I will use the technology to help people, to engage people, to empower people, to take
opportunity to Metaverse. And we will go all together – that’s what we are called.
Nostraverse. It’s our verse. It’s Nostra, it’s a Latin word. It’s us. And it’s all about us at the
end of the day.
At Token2049 today, with over 7,000 industry professionals, institutional investors and regulators attending, KyberSwap CEO Victor Tran predicted onstage that decentralized finance (DeFi) will overtake TradFi in 10 years. On top of that, KyberSwap will also be the most used decentralized exchange (DEX) because of its innate ability to provide the best rates in all of DeFi.
Speaking on the panel “Decentralized Exchanges: The Road Ahead” along with co-founders from 1inch Network and Mantra, Tran declared that consumers in the future will value privacy and control, especially considering developments around the world today.
“Today, users are still exposing their data as people can see what your wallets hold and what transactions you make at what prices. Users still participate in DeFi, as it is a good option to earn while having custody of your own assets. The next step, naturally, will be privacy in order to protect their privacy. Together with that, major use cases like insurance will be increasing in a major way in order to provide more protection to users,” said Tran.
With privacy building through the bear market, improving security measures for users is a priority for the industry. “It is important to provide stability to users, as they are still dealing with the massive volatility and blowout in the markets with the downturn as well as several security issues like hacks in the market with lots of losses. In the short term, KyberSwap is focusing on providing stable DeFi earning potential all throughout the bear market at least for the next one and a half years with major liquidity mining campaigns with our chain partners and project partners like Polygon Chain, Avalanche Network, Lido Finance and QiDao,” Tran elaborated.
As DeFi expands, use cases build and leaders in decentralization who continually increase their ecosystem integration and UI/UX, such as KyberSwap, will go on to build the DeFi space to the extent where using a decentralized exchange and services will be as easy as using a digital banking app, or possibly even easier. This increased ease of use will attract a new generation of users and the unbanked, leading to more people choosing to onboard with crypto, especially the large and increasingly tech-savvy demographics of the world, such as Asia, Latin America, Africa and so on. Considering these key factors, Tran believes DeFi will “flip” traditional finance (TradFi) as a dominant force in the financial world in 10 years.
Tran said that institutions will increasingly participate in DeFi as well: “Institutions value security, infrastructure and privacy protection in order to support their needs, which are completely different from the retail users. We will unlock many infrastructure layers, application layers and privacy-focused features soon in DeFi, which will also bring in large amounts of institutional funds.”
As a DEX aggregator, KyberSwap currently provides users the best swap rates on 12 chains along with the mission to make DeFi easy, accessible, safe and rewarding for all users around the world. “Ultimately, at the end of the day, it is about making users’ lives easier. KyberSwap’s focus is 100% about maximizing users’ benefits and safety. What we see with decentralized finance is just starting, and it will grow exponentially. KyberSwap sees a tipping point in the next decade, and we are working endlessly to be an essential pillar of that future,” said Tran, closing his remarks.
About Kyber Network
Kyber Network is building a world where any token is usable anywhere. KyberSwap.com, our flagship DEX aggregator and liquidity platform, provides the best rates for traders in DeFi and maximizes returns for liquidity providers.
KyberSwap powers 100+ integrated projects and has facilitated over $10 billion worth of transactions for thousands of users since its inception. It’s currently deployed across 12 chains — Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Velas, Aurora, Oasis, BitTorrent and Optimism.
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On Aug. 25, 2022, the WhiteBIT cryptocurrency exchange debuted its native token. Four weeks after being added, WhiteBIT Token is moving on to the next world-leading crypto platform. On Sept. 22, at 11 am (UTC), the WBT/USDT trading pair also became available on Huobi.
WhiteBIT Token became famous before its launch due to a list of bonuses and privileges it provides. The crypto community is still showing great interest in owning WBT. Users bought the first million tokens just 15 minutes after launch.
WhiteBIT Token provides exclusive opportunities to its holders:
- Reduced maker and taker fees
- Free Anti-Money Laundering checks
- Free withdrawals of ERC-20 tokens
- Up to 50% referral rates.
The token’s creators also announced that more WBT use cases are coming as the exchange plans to integrate the asset into the state economy sector later.
WBT is also known for its price, as it became worth $7.08 after the first week of trading, with an initial price of $1.9. WhiteBIT aims to support the overall interest through weekly burnings. It bought and destroyed over 4 million tokens for $22,609,198. WhiteBIT will use the combustion mechanism until it has destroyed 50% of the total supply of 400 million tokens.
A strong marketing campaign also backs WBT. The first trading competition and an airdrop were an instant success, attracting more and more attention to the young, promising asset. It is clear that WBT has a well-balanced strategy, and new achievements await it shortly.