From September 16 to 17, 2024, the highly anticipated InnoBlock 2024 Summit was successfully concluded at Singapore Expo Hall 3. The conference was co-organized by ABGA and BBS, and co-organized by Imagine Creation Combinator (ICC), DePIN X, Parasail and Metis. It focuses on Web3 technology innovation and the future transformation trend of Web3 application. The summit brought together blockchain leaders from more than 20 countries, and more than 150 leaders from the top public chains, VCs, exchanges, media communities, and well-known projects in the Web3 industry jointly launched face-to-face high-end dialogues and in-depth exchanges. With the theme of "Builder-centered Innovation", the summit covers a wide range of topics from industry macro trends to the development and construction of the Web3 ecosystem. It is committed to exploring the future development direction of Web3, proposing new strategic ideas and technical tools, and providing strong impetus for the industry's innovation and progress.
According to statistics, the summit attracted more than 6,500 visitors. As one of the side events with the largest traffic during Token2049, InnoBlock 2024 has had a profound impact on the discussion and development of the Web3 industry. Elite representatives from various fields gathered together to deliver rich and diverse keynote speeches and roundtable discussions, and deeply analyzed Web3, decentralized technology, and AI-driven innovation and transformation.
The summit has two main venues, Stage and an Open Stage. The two-day summit agenda presented 23 keynote speeches, 26 roundtable discussions and 3 fireside talks, covering popular areas such as Web3, AI, GameFi, DePIN, etc. The following is a wonderful review of the two-day agenda.
Review of the highlights of the September 16th event
Keynote highlights:
- MetaY CEO and founder Robin Duan shared how generative AI and DePIN are bringing changes to the gaming industry through "GenAI Games & Depin", especially elaborating on the potential and scalability of AI-driven game development, and emphasized that MetaY is combining these technologies to create a more immersive and decentralized gaming experience.
- Veronica Wong, co-founder and CEO of Safepal, discussed the evolving trends of Web3 user needs in 2024 in "Understanding Web3 Users in 2024: Evolving to Fuel Industry Adoption", pointed out that users' requirements for ease of use and convenience are increasing, and introduced Safepal's innovative solution of rapidly growing into a global leading platform through a multi-chain wallet.
- Yawn, co-founder of StepN/Find Satoshi Lab, gave a speech titled "Make NFT Great Again, from STEPN to STEPN GO". He deeply analyzed the reasons for the fluctuations in the NFT craze, emphasized the important role of NFT in connecting Web2 users and improving the user experience of Web3 projects, and demonstrated the potential of NFT through the success story of STEPN GO.
- LingoAI founder and CEO Una Wang introduced in "Harnessing AI from Global Majority with DePIN and Web3.0" how LingoAI protects endangered languages by building a multilingual AI corpus and enables real-time cross-language communication through the platform to ensure data privacy and user benefits.
- Privasea CEO David Jiao emphasized the importance of protecting user privacy through fully homomorphic encryption technology in "Building Trustless Humanity by Fighting the Bots". He demonstrated how Privasea improves Web3 security through encrypted biometric authentication and expands the partner ecosystem.
- Nesa 创始人 Patrick Colangelo 在《The Future of Decentralized AI》演讲中探讨了去中心化 AI 基础设施的优势，介绍了 Nesa 如何致力于通过 Layer-1 区块链技术为 AI 构建安全、私密和去中心化的未来。
- In his speech "How to Develop the Dedicated Incubator for Web Applications", Kevin Shao, Executive President of ABGA and co-founder of ICC, discussed how to improve the user experience of Web3 applications and highlighted the important initiatives of ABGA and ICC accelerators in promoting Web3 game innovation.
- Justin Z, CEO and co-founder of IXO Protocol, pointed out in his speech "BeFi Meets DeFi: How Behavioral Finance Drives Mass Adoption in DeFi" that BeFi can promote the large-scale popularization of DeFi, and IXO Protocol aims to use this to build a people-oriented financial system.
- In her speech "The Innovative Solutions for Growth in Web3.0 Era", Jessica, CEO of MetaEra, shared how to customize marketing and growth strategies for Web3 companies, emphasizing MetaEra's unique advantages in responding to changes in the Web3 industry.
- AEON CEO Eddie Li presented his speech "Key to Enabling Web3 Game Monetization and Mass Adoption on TON", showcasing AEON's efforts to redefine crypto payments on TON and how seamlessly integrated payment functions can expand the user experience and application scenarios of Web3 games.
Panel 精彩回顾：
- The roundtable discussion "Navigating the Global Regulatory Landscape: Aligning Policies for Crypto Innovation and Compliance" was hosted by Nicholas Khoo, Chairman of N Prime Partners, Digital Media Investment Committee at N PrimePartners Capital, and the participating guests included Deutsche Telekom Consulting Junior Partner Dan Dimitriu, Beosin Compliance Solution Director Alex, Legal Insights Founder Krishna Ramachandra, and Uweb President George Yu. The discussion deeply analyzed the differences in cryptocurrency regulation in different regions around the world, explored how to promote innovation and business expansion in a complex compliance environment, and the impact of central bank digital currency (CBDC) and stablecoin regulation on industry innovation.
- The roundtable discussion "Bitcoin ETFs and Traditional Finance: Bridging the Gap" was moderated by Alma Li, founder and partner of Techub News, and included Xu Yang, global partner of Tiger Brokers, Thomas Zhu, head of digital assets of China Asset Management (Hong Kong), Michael Chen, head of HashKey Wealth, and Jess Lo, co-founder of SoSoValue. The discussion explored the role of Bitcoin ETFs in promoting institutional investment and enhancing the status of Bitcoin in the traditional financial system, while also touching on regulatory challenges and the prospects for the development of future financial products based on crypto assets.
- The roundtable discussion "When AI Embraces Web3 for Humanity" was moderated by Feida Zhu, Professor of Singapore Management University, and the participants included Jessie Chan, Vice President of Marketing of ParallelChain Lab, Nicholas La Noce, CEO of Aladdin, Glenn Tan, Partner of Blockchain for Good Alliance, and Eva Chen, Growth Lead of d.id. The discussion showed how the combination of AI and Web3 can promote social progress, promote sustainable development, and address global challenges, highlighting the huge potential of technological innovation in creating a positive impact for the future of mankind.
- The roundtable discussion "Building the Backbone of Bitcoin: Evolving Infrastructure for Scalability and Security" was hosted by Castrum Capital CMO Enes, and the participating guests included Merlin Chain's Head of BD and Partnership Jonathan, BEVM co-founder Hakan Sezikli, Bouncebit COO Yuchen, and GOAT Network's DevRel Lead Dylan Kawalec. The discussion focused on the evolution of Bitcoin infrastructure and explored how to solve current scalability and security challenges through innovative technologies to promote the widespread application and future development of Bitcoin.
- The roundtable discussion "Fortifying Digital Assets: Best Practices for Secure Management and Custody" was moderated by Allstarswomen DAO Singapore Chapter Co-lead Linda Ang, and the participants included Isabella Yu, BD Director of Cobo, Blue, CTO of SlowMist, Robert McCracken, Ecosystem Lead of Alchemy Pay, and Spencer Yang, Core Contributor of Fractal. The roundtable deeply analyzed the security practices of digital asset management in 2024, covering risk management of hacker attacks, staking and DeFi projects, and explored the role of blockchain technology in improving the protection of digital assets.
- The roundtable discussion "Global Crypto Markets Overview: Navigating Regulatory Policies, Market Trends, and Investment Opportunities" was moderated by Glenn Tan, partner of Blockchain for Good Alliance, and the participating guests included Edward Wong, partner of CGV, James Zhang, CEO of Jambo, Louis, core team member of BBS, and Gary Yang, founding partner of Eureka Group. The discussion shared the trends and regulatory policies of the global crypto market, and explored the differentiation of regional markets, the experience of successful projects, and strategies for dealing with cross-border regulation.
- The roundtable discussion "AI from Global Majority" was moderated by Dr. James Ong, founder and MD of Artificial Intelligence International Institute, and guests included Dr. Eric Tan from Infocomm Media Development Authority, Brandan Ong from AI Singapore, Dr. Jun Zhao from NTU, and Henry Wang, founder of SmartMesh/World Web3 Alliance. The guests discussed the uneven development of AI technology, pointed out the potential of Web3 in bridging the digital divide and promoting the benefits of the majority of people around the world, and called for the democratization and inclusive development of technology resources.
- The roundtable discussion "The Convergence of AI and Crypto: Unlocking New Frontiers in Decentralized Intelligence" was hosted by Tianyi Wu, editor of Dethings, and the participating guests included Calanthia Mei, co-founder of MASA, David Jiao, CEO of Privasea, Jimmy, CEO and co-founder of ZBX/GhostDrive, and Dr. Harry Yang, founder of Nesa. The discussion focused on how the combination of AI and blockchain can improve transparency and compliance, and looked forward to the future development trend of decentralized technology.
- The roundtable discussion "Assets and Infrastructure: Exploring the Intersection of DePIN and Real-World Assets in Web3" was hosted by XPIN Director Ray Li, and the participating guests included ALLO founder and CEO Kingsley Advani, ATT Global Director David Tang, DepinMall co-founder Sharlok, and DMZ CEO Lee Kai Yang. The discussion focused on the application of Web3 technology in the tokenization and management of real-world assets, explored the technical challenges of the DePIN network and its potential impact on traditional markets, and deeply explored the key factors that promote the wider application of Web3 technology.
- The roundtable discussion "Bridging CeFi and DeFi: Opportunities and Challenges in CeDeFi Integration" was hosted by Anzen Finance CMO Justin Wu, and the participating guests included BitFi CEO Han Liu, Plutus.VC partner Calvin Ng, Eureka Group founding partner Gary, and Eclipse BD Lead - Consumer Veronica Buron. The discussion deeply analyzed the opportunities and challenges of the integration of CeFi and DeFi, covering how CeDeFi combines traditional finance and decentralized innovation, and its key considerations in regulation, user experience and security, providing a clear direction for the future development of the financial ecosystem.
- The roundtable discussion "Unlocking the Potential of the TON Ecosystem" was moderated by Cyber Young, co-founder of Copilot Venture Studio, and the participants included Ricky Wong, co-founder of Catizen, Yuki, Lead of Ton Society HK Hub, and Daniel, CEO of OpenAD Protocol. The guests discussed the future development potential of the TON ecosystem, especially in the context of liquidity management, price discovery, and global regulatory changes. The discussion also emphasized the difficulties of user acquisition in different regions and the importance of localization strategies for the development of TON.
- The roundtable discussion "Challenges and Strategies for Leading Crypto Exchanges" was moderated by Adel, co-founder of Pika, and the participants included Tim, investment director of Gate Labs, Forest Bai, founder of Foresight Ventures, Jason Liu, VP of Listing of HashKey Group, and Robert MacDonald, chief legal and compliance officer of Bybit. The discussion explored in depth the strategies of cryptocurrency exchanges in liquidity management, global regulatory changes and security challenges, and looked forward to the key role of exchanges in the future development of the crypto market.
Highlights of the Forum:
- The "Charting the Course in the Age of Web3" dialogue was hosted by Feida Zhu, professor at Singapore Management University, and the guest was Siwei Shen, senior engineering director of Coinbase Blockchain Platform. The two sides discussed Coinbase's role in the Web3 ecosystem, deeply analyzed the challenges of blockchain platform expansion, and explored innovative solutions to promote the future development of decentralized technology.
- Web3 + Gaming = 1 Billion Crypto Users was moderated by Gareth Jenkinson, Managing Editor of Cointelegraph, and featured Yat Siu, Co-founder and Chairman of Animoca Brands. Yat Siu shared in-depth insights into the evolution of Web3 gaming and the current state of the market, focusing on how to drive the realization of 1 billion crypto users and reshape the gaming industry and user experience through innovations such as gaming economics, decentralized ownership, and NFTs.
Review of the highlights of September 17th
Metis & ABGA Collaboration: GameFi Quantum Leap Accelerator Program in Partnership with Google Cloud Launch Ceremony:
At 10:50 am on September 17, GameFi Quantum Leap, a Web3 gaming startup accelerator jointly initiated by Metis, ABGA and Google Cloud, was officially launched at the InnoBlock 2024 Summit. At the launch ceremony, Metis CEO Tom, ABGA Executive Chairman Kevin Shao and Google Cloud Web3 Solution Architect Eefy Lin jointly witnessed this important milestone.
The GameFi Quantum Leap Accelerator Camp lasts for 6-12 months and plans to incubate 12 startup projects, providing a full range of services from technical support to market strategy. The program aims to help experienced Web2 teams smoothly enter the blockchain and GameFi fields, providing strategic guidance, core resources, and a special fund of up to 10 million US dollars to promote the innovative development and long-term success of projects in the Web3 field.
Keynote highlights:
- In "Redefining Data Privacy with Decentralized Storage - GhostDrive", GhostDrive founder Roma Nebo introduced how GhostDrive improves data privacy and security and increases user engagement through decentralized storage on the Filecoin network.
- Sky Mavis/ Ronin co-founder and COO Aleksander Larsen analyzed Ronin’s advantages in supporting blockchain game development and demonstrated its scalable solutions for game designers and developers in “Why Ronin Network is the Ideal Place to Launch a Blockchain Game”.
- In his speech "Fat Protocols to Fat Apps", InitVerse COO Nicolas discussed the trend of shifting from blockchain protocols to user experience-centric applications, and introduced how InitVerse simplifies the development and deployment of Web3 enterprise DApps and promotes the development of mainstream applications.
- Sebastien, co-founder and COO of The Sandbox, shared how brands can deeply interact with users in the virtual world through his speech "How Brands & Creators Are Co-building the Open Metaverse", demonstrating the platform advantages and virtual experience innovation of The Sandbox.
- Infinitar VP Alan Kin shared the current development status of the Web3 gaming industry in "Infinitar: Creating a New MOBA GameFi Metaverse" and demonstrated Infinity World's vision in building an open gaming ecosystem and connecting players and communities.
- Shriyank Khobragade, BD Director of Gamp, shared in his speech "Unlocking the Potential of Web3 Gaming: Strategies for User Acquisition" how Gamp attracted a large number of Web2 players to enter the Web3 gaming field through innovative platforms and solved the problem of insufficient Esports infrastructure.
- In her speech "Yeeha!: Building the Epic Games of Web3", Nancy Liu, CEO and co-founder of Yeeha/GGI, discussed how Yeeha built an AI-driven cross-chain gaming ecosystem to help developers solve technical and operational challenges and promote the popularization of Web3 games.
- In her speech “The Future of GameFi Quantum Leap”, Elena Sinelnikova, co-founder of Metis, introduced the GameFi Quantum Leap Accelerator Program launched by Metis and ABGA in collaboration with Google Cloud, demonstrating the role of this acceleration program in helping Web2 game developers smoothly transform.
Panel highlights:
- The roundtable discussion "Transformation of Gaming Guilds" was hosted by Louis, a core member of the BBS team, and the participating guests included Beryl, co-founder of Yield Guild Games, Brendino, co-founder of Avocado DAO, Zane Nguyen, core contributor of Ancient8, and Kit, co-founder of Zentry. The discussion discussed the transformation path of blockchain game guilds, from the early P2E model to today's more complex business model. The guests shared the importance of cooperation between guilds and game developers, as well as their future development trends in the Web3 game field.
- The roundtable discussion "Advancing Public Blockchain Infrastructure: Technological Innovations and Strategic Directions" was moderated by Tracy, co-founder and CMO of Followin, and the participating guests included John, head of Neo Eco Growth, Sarah S, head of BNB Chain APAC BD, Kyle Lee, head of Kaia corporate development, and Mingshi S., head of Soneium DeFi. The discussion revolved around the technological innovation and strategic direction of public blockchain infrastructure, exploring the balance between Layer 1 and Layer 2 solutions, cross-chain interoperability and its impact on the future development of blockchain.
- The roundtable discussion "From Bitcoin to Broader Crypto: How VCs are Driving Innovation and Growth in the Blockchain Space" was moderated by K300 COO Josephine Nguyen, and the participants included Waterdrip Capital co-founder Jademont, LK Venture partner Leo Deng, and D11-Labs co-founder Lily Zhang. The discussion deeply analyzed the investment potential of the Bitcoin ecosystem, the guests shared the key evaluation criteria in blockchain investment, and explored how venture capital can drive project innovation and growth through strategic support.
- The roundtable discussion "From Concept to Reality: Key Success Factors for Web3 Gaming Projects in a Competitive Landscape" was moderated by Anndy, a best-selling author and intergovernmental blockchain consultant, and the participating guests included Arron Goolsbey, COO of Mythical Game, Florence, COO of MataY, Ricky Wong, co-founder of Catizen, JT, head of marketing at Seraph, and Alex S, head of Eco Growth at GGI. The discussion explored the key factors for the success of Web3 gaming projects, including team strength, innovative ideas, and economic models. The guests also discussed the trend of TON mini-apps in games and their impact on user acquisition and retention.
- The roundtable discussion "Navigating Investment Strategies in Web3 Gaming" was moderated by IVC partner JT, and the participating guests included JACL, head of game research at Delphi Digital, FD, founder and partner at Gam3Girl Ventures, and Takashi Hayashida, partner at Taisu Ventures. The discussion analyzed the trends and challenges of the Web3 gaming market from an investor's perspective, and explored the importance of token economics, community size to investment decisions, and the impact of future trends on investment strategies.
- The roundtable discussion "Building and Scaling Gaming Ecosystems on Public Blockchains: Challenges, Innovations, and Future Directions" was moderated by Alex Cooper, CEO of Footprint Analytics North America, and the participating guests included Dylan Kugle, Head of Ecosystem at Starknet Foundation, Jason Lim, Head of Global Gaming at Sei Foundation, Shubham Bhandari, Head of Ecosystem at Manta, and Malcolm, Head of Southeast Asia BD at Immutable. The discussion revolved around strategies for building and scaling gaming ecosystems on public blockchains, and the guests provided key advice and explored the impact of blockchain technology advances on the future development of Web3 games.
- The panel discussion "Future of Play: Breaking Down Barriers Between Web2 and Web3 Games" was moderated by Avin, Co-founder and CEO of Disco.xyz, and featured guests including Tom, CEO of Metis, Eefy Lin, Web3 Solution Architect of Google Cloud, Dreamer, President of DeFi Kingdoms, and Ben Jones, Head of Marketing at Arena of Faith. The panel discussed the seamless integration of Web2 and Web3 game elements, and the panelists shared how collaboration and technological innovation are bringing new opportunities to the gaming industry, providing important insights into the potential of the future gaming ecosystem.
围炉论坛精彩回顾：
- The Origins of Bitcoin: From the Genesis Block to Today’s Global Phenomenon was jointly attended by Jack Kong, founder of Nano Labs, and Kevin Shao, executive president of ABGA. The two Bitcoin veterans reviewed the extraordinary journey of Bitcoin from the Genesis Block to today’s global financial phenomenon, and explored in depth its key development nodes, challenges, and how Bitcoin will shape the future of decentralized finance. This conversation not only reviewed the history of Bitcoin, but also looked forward to its continued influence in the global financial system.
Airdrop Demo Day：
The Airdrop Demoday was held on the Open Stage of the summit on the 17th. 19 participating projects presented their creative demos and actively interacted with the audience through the Airdrop session, which greatly enhanced the participation and experience of the participants. Demoday not only provides an efficient platform for project promotion, but also achieves accurate docking between project parties and investors. In addition, three VC roundtable discussions were interspersed during the event, building a bridge for participants to communicate directly with top investment institutions.
Audience Interaction Activities - Miss Universe Singapore Parade and Cosplay Exhibition Area
It is worth noting that the audience interaction session has become a unique highlight of this conference, fully demonstrating the innovative integration of Web3 and trendy culture. The wonderful parade of Miss Universe Singapore brought a visual feast to the scene, and the appearance of the beauties won the attention of the audience. The Cosplay exhibition area attracted many participants with its creative costumes and became a popular place for interaction and taking photos. These carefully designed interactive sessions not only enriched the overall experience of the conference, but also provided more possibilities for the innovative application of the Web3 industry in trendy culture.
The two-day event has come to a successful conclusion. Participants have had profound and visionary discussions on Web3 technology innovation, future development, and ecosystem construction, which have inspired countless moments of enlightenment in the industry. We sincerely thank all the guests, speakers, and partners for their strong support. Their joint efforts have made InnoBlock 2024 a forward-looking and meaningful cooperation platform. ABGA and BBS would like to thank the gold sponsors of the summit, Gamp, Seraph, Privasea, GhostDrive, Advertising Time Token (ATT) and Infinitar; silver sponsors Footprint Analytics, D’islands, InitVerse, XPIN Network, Alchemy Pay, SafePal, MetaY, Seed.Photo, Pika, Allin Exchange, IXO Protocol, JoinCare, AEON, Mumubit, IBIT, Nesa, Moomoo Financial Singapore, XenoBunny, Halfwish, Alien, Beosin, PING and Mbit Wallet; AI exhibition area sponsors DeepBrain Chain, DeepLink, DecentralGPT, DRCPad, DBC Capital and DeepAITalk; strategic partner MetaEra; ecosystem partner Web3Labs; chief media partner Dethings; cloud partner Google Cloud; AI guidance units LingoAI and Web3 Alliance (W3A); supporting partners Polaris Marketing, Eurasia Blockchain, TONSquare, DuckChain, Crydit, Digitalabs and Artificial Intelligence International Institute (AIII); and all media and community partners.
Looking ahead, ABGA and BBS hope that the results of this summit will continue to inject new driving force into the Web3 field, helping global innovators and industry leaders to work hand in hand and jointly promote the long-term development of the industry. We look forward to meeting you again at the next summit to share the grand event of Web3 innovation in the future.
About ABGA
ABGA is a pioneering club around Web3 games, supported by renowned institutions in the Web3 industry. By integrating the collective strength of the Asian gaming industry, we are committed to shaping a promising future for the global Web3 gaming sector.
About BBS
BBS.NYC is a New York-based blockchain conference organization focused on crypto and cutting-edge technologies. We are committed to providing an inclusive platform for entrepreneurs, investors, developers, policymakers, media, and industry enthusiasts to share ideas, narrow information gaps, explore potential opportunities, and accelerate global technological progress.
