The TOKEN2049 conference in Dubai was a major event that brought together builders, traders, investors, and TradFi enthusiasts. The event also attracted wealthy locals interested in investing in crypto. Cryptonews covered the second day of the conference, where industry insiders discussed decentralized AI, tokenizing trade, resolving network congestion, and upcoming regulations. The attendees also talked about the crypto market splitting into two streams and uniting Layer 2s. The event featured impressive shows like a fire show.
During the conference, Cryptonews Podcast host Matt Zahab interviewed several industry insiders, including Alizee Carli from the Casper Association, Jesper Johansen from Northstake, and Veronica Wong from SafePal. Alizee Carli discussed the upcoming launch of a governance tool developed in partnership with IBM to comply with EU regulations. Jesper Johansen highlighted the tokenization of staking as a way to increase capital efficiency in regulated funds. Veronica Wong shared SafePal’s partnership with a Swiss bank to provide a compliant on- and off-ramp for crypto users in the Asia-Pacific region.
Sam MacPherson from Phoenix Labs discussed the recent launch of Ethena and the tokenized cash-and-carry trade. Yuri Yurchenko from Neon EVM talked about the benefits of their EVM solution on Solana, which addresses network congestion issues. Scott Lawin from Candy Digital shared the company’s focus on entering the gaming space and leveraging NFTs for fan engagement. John Lilic from Telos Foundation discussed the development of a hardware-accelerated zkEVM Layer 2 network.
Karel Kubat, the founder of Union, emphasized the need to connect thousands of Layer 2 solutions in a decentralized and trustless manner. Union has partnered with Polygon to unify and aggregate different layers. Alex Goh from the EMC Foundation talked about integrating AI with Web3 technology and working on decentralized AI and RWA. Thomas Messerer from Silencio Network discussed the value created by their DePIN model and the large user base they aim to reach.
Overall, the TOKEN2049 conference in Dubai was a platform for industry insiders to share insights on various crypto topics, including decentralized AI, tokenizing trade, and resolving network congestion. The event showcased new developments and partnerships in the crypto space, as well as the growing interest from traditional finance players. Participants highlighted the importance of regulatory compliance and capital efficiency in the evolving crypto market. The conference also featured impressive shows and networking opportunities for attendees to connect and collaborate in advancing the crypto industry.
