Web3 Event Recap

Insights from Hong Kong to Tokyo

Published in

Secured Finance

4 min readApr 24, 2024

Over the past few weeks, Secured Finance team and I have had the privilege of participating in several key events across Asia, from Hong Kong’s Web3 Festival to Tokyo’s TeamZ AI/Web3 Summit. These gatherings have not only underscored the flourishing state of the Web3 ecosystem but also highlighted its rapid evolution and the increasing adoption of blockchain and AI technologies. Each event has offered unique insights into how these technologies are reshaping industries and sparking new opportunities.

Hong Kong: A Hub for Web3 Innovation

At the FIL HK event, crucial conversations were held with GLIF, exploring potential collaborations that could push the envelope on decentralized finance (DeFi). Among the new projects discussed, the FVM (Filecoin Virtual Machine) and the SPs (Storage Providers) stood out, showing promise in enriching the Filecoin ecosystem.

A significant buzzword during the event was “DePIN” (Decentralized Physical Infrastructure Network), highlighting a growing interest in blending physical and digital infrastructures for a decentralized future.

The Web3 Festival itself was a vibrant venue for networking, where I met the Zircuit team, a new project from Quantstamp that’s gaining traction with innovative re-staking strategies and a robust point system. An invitation to a dinner with VCs and project leaders led to discussions about potential new partnerships and/or collaboration, notably with zkME, which specializes in zk-KYC solutions.

An interesting observation is Hong Kong’s strategic push towards becoming a crypto-friendly hub, as evidenced by its recent approval of a spot ETF for Bitcoin and Ethereum, signaling strong governmental support for cryptocurrency initiatives.

The Hack Summit, hosted by Rocktree Capital, offered insightful sessions that highlighted current trends in the venture capital space, including meme coins, real-world assets (RWAs), and Layer 2 solutions for Bitcoin. Despite the excitement, there was a cautious note about the potential bubble in DeFi, suggesting that market dynamics might be encouraging risky leverages among users.

Tokyo Takes the Stage with TEAMZ Web3/AI Summit

In Tokyo, the discussion veered towards the integration of AI with blockchain, emphasizing how these technologies can redefine existing paradigms. The summit was an excellent platform for discussing how blockchain and AI are not just technological upgrades but are paving the way for a societal transformation akin to the industrial revolution.

Filecoin Orbit Ecosystem Event

During the TEAMZ Summit, Secured Finance and Protocol Labs co-hosted a pivotal side event at a sub-stage, which cast a spotlight on the burgeoning DePIN projects. This session highlighted how future infrastructure will increasingly integrate digital and physical networks, fundamentally transforming our interactions with technology.

In a highlight of the session, our CEO, Masa, made an exciting announcement about Secured Finance launching soon on the Filecoin Virtual Machine (FVM) Network, signalling a significant advancement in our blockchain endeavours.

For a closer look at the event and to hear directly from the speakers, including our CEO, check out the full recap on our YouTube channel.

The Future of Web3 Markets

I joined as a panel with VCs at the ‘Future Web3 Market’ session, to discuss promising trends in blockchain adoption. Particularly notable was the focus on African startups, where blockchain applications are not just theoretical but are having real impacts due to the continent’s unique challenges with traditional financial infrastructures.

In conclusion

While Web3 offers immense opportunities, it also demands cautious engagement due to the prevalence of scams and untested projects. As the field matures, it becomes clear that a solid infrastructure is essential for sustainable growth. At Secured Finance, we are committed to being at the forefront of this development by building a reliable yield curve trading platform. This platform is not just another component of the financial market; it aims to establish the backbone for trading digital assets, creating a vital infrastructure layer within the crypto economy.

Your continued support and proactive engagement are crucial as we advance, shaping a new era of finance and technology. Together, we are setting the foundation for secure and efficient transactions in the burgeoning Web3 space.

About Secured Finance

Secured Finance is revolutionizing the digital asset landscape by constructing interbank-grade capital markets. Our innovative protocol is designed to offer a secure, flexible, and scalable fixed-income solution for digital assets. Comprised of a team of expert investment bankers, we are committed to integrating traditional finance wisdom into the realm of cryptocurrency and digital assets.

Stay informed and connected with us for further information and updates.