We've recently released Part One of our two-part series on Real World Assets and today we're diving right into Part Two. โ In our second piece on the #RWA space, we'll be doing a deep dive on the mechanics of RWAs, different key players in the growing ecosystem and analysing the impact of this trend on the #blockchain space. ๐
We also see growing interest from institutions - for example, #Blackrock has collaborated with Securitize to create the BlackRock USD Institutional Digital Liquidity Fund. ๐ช In Hong Kong, banking institutions like #HSBC has showcased a positive move on embracing RWA tech by introducing tokenization of #gold for its customers via their digital asset platform, #Orion. ๐ญ๐ฐ
Link to full article โก๏ธ https://t.co/WJwKos1PZ8
What are your thoughts on the future of Real World Assets? Share with us below! โฌ๏ธ
We're thrilled to have the opportunity to participate in the Business #GoVirtual Conference in #HongKong this week. ๐ญ๐ฐ
The event featured discussions around the latest developments in #AI, #CyberSecurity, #VirtualAssets and etc - covering topics in both #business and #consumer digitization. ๐ฅ๏ธ
It was certainly an insightful event, allowing us the opportunity to understand how different ecosystem players are contributing to real-world use case adoption - raising awareness around virtual assets and AI, while providing strategic and practical guidance in improving cybersecurity and resilience in emerging potential tech-driven threats. โ Participation included industry experts, decision-makers in the #tech space, government organizations and companies like #Hashkey, #NVIDIA, #Baidu and more. ๐
With the #Olympics right around the corner, excitement for the major multi-sport event has been brewing around the globe! ๐ ๐ฅ
Also within the crypto space itself, the world of sports has experienced innovation and transformation throughout recent years via the integration of #NFTs - in a nutshell, leveraging #blockchain #technology to enhance the #sports experience via fan engagement and digital collectibles. ๐
From teams like AC Milan to the NBA and even individual athletes, NFTs are no stranger to the industry. โฝ๏ธ Here are a few examples and use cases. โ
Here's a link to a deeper read if you're interested โก๏ธ https://t.co/Smhl3NmzpL
The price of #Bitcoin has been falling in recent days but Spot Bitcoin ETFs have recently had one of their strongest days of inflows on the 5th of July, obtaining $143 million in total. โ
This net inflow marks the highest single-day amount since the 6th of June. This potentially signifies investors faith and confidence in the digital asset's long-term value. ๐
Meanwhile, the recent turbulence in Bitcoin's pricing is also attributed to updates and developments around the now-defunct Mt. Gox exchange, where over a whooping 47,000 BTC were moved to a new wallet. Mt. Gox is in preparation for a substantial $9 billion payout. ๐ฐ
Read more here โก๏ธ https://t.co/BGq2lAsljp
Have you started tracking Spot Bitcoin #ETFs performances on @Notifs_app yet? Always handy to stay on top of latest developments in the #cryptocurrency space. ๐ฑ
If you're a regular user of @Notifs_app, have you made sure to register for an account? ๐ฒ
While you can certainly use the app as a Guest User, there's a whole array of benefits (such as the Notifs Rewards Program ๐) that only registered users can enjoy! ๐
Easily switch over today, here are a few simple steps: https://t.co/Urh1jkaSJw โ
It's a brand new month! โจ In June, the #crypto markets have been rather volatile with #Bitcoin and most alts experiencing a significant correction. However, regardless of the volatility in token pricing, the fundamental technologies of #blockchain continues to evolve and grow - one of the key areas we've seen gaining traction is the intersection of blockchain and AI. ๐ ๐
We joined an AI forum in the Greater Bay Area this month; an event that has attendees and experts from various sectors - such as academia, the blockchain and #AI industry, and the government, all here to discuss the implications of AI along with its potential impact on the Chinese economy. ๐น
For a deeper rundown, read our #June Community Update โก๏ธ https://t.co/p48I25IoOd
We believe July will be another month of interesting developments in the #digitalassets space. We'll be keeping a close watch on the ecosystem and are excited to continue supporting the space via our Grant and content initiatives - follow us for all our coming highlights! ๐
โจ A few browser extensions you can consider to enhance your #crypto security โจ
At OAX Foundation, weโre huge advocates of staying safe and practicing security measures in your crypto journey - as transactions are irreversible on the #blockchain, itโs always best to be safe than sorry! ๐
#Security browser extensions are browser extension applications and are usually compatible with most web browsers. ๐ป Some of these browser extensions claim to offer improved transaction safety in the #web3 space via analysing the userโs transactions, offering a detailed explanation of the transaction and also additional insights and meaning for the user. โ
Some of these browser extensions are also great additions as apart from analysing your transactions, other functions like general wallet checks and access management can be done. ๐
Here are a few examples of security browser extensions you can consider to up your #digitalassets and web3 security ๐
However, as always, do remember to DYOR and see what fits your needs best! โบ๏ธ
What security browser extensions are you currently using to amp up your crypto security, if any? Share with us โฌ๏ธ
Have you read our latest article on Real-World Assets (RWAs) yet? ๐งโ๐ซ Link โก๏ธ https://t.co/P65dijJGYS
The tokenization of real world assets offers new opportunities in bringing traditional financial and investment products, along with physical assets onto the blockchain ๐ this opens up different potential for #DeFi participants as well as a new, novel asset class is unlocked for generating yield.
What are your thoughts on the growing RWAs ecosystem? ๐
โจ Highlighting the growth of the RWA (Real World Assets) space โจ
We've certainly noticed the resurgence of interest and growth in the Real World Assets space within the #DeFi and #blockchain sector. Backed by growth from 2 billion to 6 billion over the past few years, the #RWA sector has displayed massive potential for disruption in the ecosystem. ๐
What are Real World Assets? ๐ฆ RWAs typically mean assets that also exist and function outside of the #digital realm - such as real estate, #gold, commodities and government bonds. In the blockchain context, RWAs are digital tokens that are a representation of these assets. ๐ฐ
In Part One of our Two Part series on RWAs, we take a look at the industry as a whole - its concept, opportunities and challenges that potentially lie ahead for the space. ๐
Link to writeup โก๏ธ https://t.co/P65dijJGYS
What Real World Asset projects would you like to see us cover in Part 2? Let us know below! ๐โฌ๏ธ
Here's a quick look at the current #SocialFi landscape - which is still evolving and growing. โพ
There are a number of up-and-coming projects within the space that seem to be in active development - such as https://t.co/yjXaPDoVuf, #OpenCampus, #FarCaster and more.
Read Part 2 of our full writeup on the SocialFi ecosystem here: https://t.co/llOANLgShJ
Are there any projects that you're keeping an eye on? ๐
โจ What is 'Learn and Earn' in the #digitalasset ecosystem? โจ
In the #crypto space, there are programs users can undertake to learn about specific topics, programs and platforms in exchange for incentives, usually in the form of tokens. ๐ช
Some larger projects like centralized exchanges offer these programs to also encourage users to learn more about crypto in general and how to user their platforms. ๐
Different crypto projects can also create their own (or work with different platforms) modules to incentivise learning activities so more users will get to know their token more. This creates a win-win situation of sorts for both the end user and the project. ๐ค
Some popular Learn and Earn programs can be found on platforms like #Binance, #Coinbase, #CoinGecko, #Coinmarketcap, #BitDegree and more. โ
Have you partcipated in any of these programs and what was your experience like? Share with us below! โฌ๏ธ
While #SocialFi is indeed an exciting space, it does have its own set of risks and challenges. We've written about it in more detail here โก๏ธ https://t.co/llOANLgShJ
One of the key issues that fall in the realm of content #tokenization is the friction it creates for collectors who have to spend money or tokens to acquire the content, but also often face a lack of a clear method to display or use said content. ๐บ
However, the space is still in its early stages and a lot of development and progress could be made in the coming months and years. ๐ We're definitely keeping our eyes peeled!
Weโre continuing the conversion on #SocialFi with the second part of our two-part series on the growing space... โจ๐
In Part One, we deep dived into an introduction of sorts to SocialFi, introducing the concept as a whole and exploring the rapid rise of this interest merge of #SocialMedia and decentralized finance. โ๏ธ
Now in Part Two of our series, weโre taking a look at opportunities, challenges and growth potential in the SocialFi space, including a quick look at some SocialFi projects making moves in the ecosystem. ๐
Link to our latest piece โก๏ธ https://t.co/llOANLgShJ
Are there any interesting sectors in the #blockchain space that youโd like us to cover next? Leave us a comment! โฌ๏ธ
Yesterday, we attended a conference in #Shenzhen, getting firsthand insights into the global landscape of #AI adoption. ๐ The event, sponsored by #DBSBank, was focused on technologies like #blockchain and #ArtificialIntelligence - also diving into how the growth of these industries will be crucial in the development of the Greater Bay Area. ๐บ๏ธ
There were many notable speakers, including Ronnie Chan (Chairman of Hang Lung Properties) and some roundtable discussions featuring inspiring leaders such as the Co-Founder of Yunqi Partners, the VP of Huawei Strategy, VP of Lenovo Group Capital and more. ๐ We are thrilled to get their insights and viewpoints into the growing AI space, exploring topics from utility to regulations.
We'll share about the event in more detail in our upcoming Community Updates, so stay tuned for that! ๐
Watch this space for more highlights and insights on the #digitalassets space coming your way.
We are currently NOT running any airdrops or campaigns, please practice utmost caution and report any suspicious activity to our community moderators. ๐ซ
Be hyper vigilant with your own data and sensitive information. โ Always best to be safe than sorry!
Let's strive to keep the #crypto community as safe as possible. ๐ซถ