The 5th Blockchain Symposium: Token Economy event was held this past Friday (December 22nd) at the JW Marriott Hotel in Seoul, South Korea.
Co-hosted by ICO Crowd Magazine and Blockchain News Korea’s parent company, SYNCO Investment, the event drew a packed ballroom full of ICO Crowd Magazine (Korea) subscribers, wealthy investors, and other stakeholders to listen to a select group of blockchain technology companies pitch their ICOs and team visions.
Seven different teams (EXPREAD, Sandblock, Academy School of Blockchain, Coinfirm, Dether, Energi Mine, MARK.SPACE) were invited and given twenty minutes each to present their companies and ICO ideas to potential Korean investors.
Leo Liu of EXPREAD Ltd. offered his vision of a hybrid crypto asset exchange utilizing the advantages of both centralized and decentralized exchanges, namely aggregated liquidity pools, low transaction costs, low barriers of entry, and high scalability among others.
Sarah-Diane Eck of Sandblock presented their vision of a “Satisfaction Protocol” in which a decentralized, blockchain-based protocol on the Ethereum chain could connect business merchants and customers without the need for a third party, especially for merchants offering loyalty rewards programs to their customers.
Dr. Moe Levin of Academy School of Blockchain focused on the need for developing the next wave of talented blockchain developers to feed the ecosystem that demands an ever increasing number of effective developers for various industries through the usage of their online and offline learning protocols.
Maciej Ziolkowski, Co-founder of Coinfirm, delivered his company’s vision for the need for businesses to follow proper KYC/AML regulations upon entering the crypto space. Their company aims to help businesses navigate the complex web of KYC/AML regulations through the usage of big data analytics and blockchain compliance know-how on their proprietary platform.
Hanid Beyahia, Co-founder of Dether, spoke about a decentralized peer-to-peer ether network that would enable anyone to buy ether with cash and spend it at physical stores listed on their Dether map network. It aims to create a worldwide ecosystem of ether buyers, sellers and physical stores willing to trade ether for fiat cash and accept it as a means of payment.
Omar Rahim, Co-founder and CEO of Energi Mine, pitched his company’s usage of AI models to build a decentralized reward platform connecting energy consumers with generators and incentivizing efficient energy usage. Lord Rupert Redesdale, a member of the UK House of Lords, serves as advisor to Energi Mine and vouched for the need for efficient energy usage in this day and age.
Denis Polulyakhov, Co-founder of MARK.SPACE, talked about his company’s vision for creating an ecosystem connecting platform users to consume user content, goods and services from each other using AR/VR technologies and smart contracts.
Overall, each team had a specific niche they were targeting and were passionate about their visions.
Visiting their sites to read their prospective white papers to gain a more thorough and better understanding of their token system would be worthwhile.
[Blockchain News Korea Albert Kim]