HTX DAO and HTX Ventures jointly appear at the 2024 Asia Blockchain Festival: Driving innovative applications of crypto technology
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HTX DAO and HTX Ventures jointly appear at the 2024 Asia Blockchain Festival: Driving innovative applications of crypto technology
The 2024 Asian Blockchain Festival was held in Singapore on March 2.
Navigating Web3 tides with focused insightsOn March 2, HTX DAO attended Blockchain Festival Asia 2024 as an official and Lanyard sponsor. This marked its debut at a premier crypto summit, aiming to enhance global visibility and attract more renowned industry players to participate in building its ecosystem.
Officially launched on January 18, HTX DAO is a leading decentralized autonomous organization within the blockchain ecosystem, focusing on open finance and decentralized tokenized economies. The HTX DAO ecosystem has already brought together 19 key contributors, including HTX, TRON, Poloniex, BitTorrent, Spark Digital Capital, APENFT, Stratified Capital, JustLend DAO, OIG Group, Double Peak, stUSDT, Zebec, USDD, ANKR, Sun.io, Merkle 3s Capital, WINkLink, TUSD, and Owlit Finance.
HTX DAO stated that it will explore possibilities for open community user governance, establish multi-channel information sharing, and build a self-governing ecosystem where platforms & projects, and KOLs & users serve each other—harnessing community wisdom and strength to make HTX a true people's exchange. Additionally, it plans to organize offline community events globally to establish more direct and trustworthy connections, encouraging broader participation from crypto professionals and institutions in the development of the HTX DAO ecosystem.
During the summit, Amelia Chan, Head of Strategic Partnerships at HTX, was invited to participate in a panel discussion titled "Trading on DEX vs CEX: What’s the difference and What Are the Risks? KYC Procedures with Technology." She noted that users' choice between CEX and DEX depends on several factors, including requirements for fund control, attitudes toward regulation, user experience, liquidity needs, preferred trading options, and emphasis on anonymity. In comparison, CEXs offer greater convenience and higher liquidity, while DEXs better protect privacy, allow users to retain control over their assets, and align more closely with the decentralized ethos of the cryptocurrency space.
Amelia also emphasized that HTX places high priority on customer information and fund security. It currently employs advanced encryption algorithms and multi-layered authentication mechanisms to maximize protection for user accounts and assets. Meanwhile, HTX provides various simple and efficient trading tools and features, enabling users to execute trades quickly and effectively with more accurate strategies. Going forward, HTX will launch additional innovative products to meet diverse user trading demands.
Notably, HTX Ventures also participated in the event as an exhibitor. HTX Ventures is the global investment arm of HTX. In 2023, HTX Ventures adopted a dual investment strategy involving direct investments and fund investments, backing over 200 projects spanning infrastructure, DeFi, RWA, L1&L2 ecosystems, SocialFi, NFTs, and education. Its goal is to explore emerging industry models and provide funding, resources, and strategic advisory support to jointly advance the blockchain ecosystem.
HTX Ventures previously indicated that 2024 will usher in deeper integration across the Web3 sector, with improved regulatory adaptability moving the industry toward maturity. Interoperability between chains and ecosystems will gradually become a reality, driving the crypto market toward significant maturation and mainstream adoption. HTX and HTX Ventures will continue to closely monitor innovation and development within the Ethereum ecosystem, actively advancing investments and project incubation to nurture the next generation of Web3 enterprises.
Blockchain Festival Asia 2024 took place on March 2 in Singapore. The event gathered experts from blockchain technology, cryptocurrencies, DeFi, NFTs, mining, GameFi, and fintech, offering a platform to explore cutting-edge developments and emerging trends in the industry.
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