The Good Tech Companies - How AI and Blockchain are Converging: A Look into IVS Crypto 2024's Innovative Approach

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. How AI and blockchain are converging. A look into IVS Crypto 2024's innovative approach by Ashan Pandey. Ashan Pandey. Hello Wang, it's a pleasure to welcome you to our Behind the Startup series. To start, could you share a bit about your background and your entrepreneurial journey? What inspired the theme, Cross the Boundaries, for IVS Crypto 2024 Kyoto? Whipless Wong. Thank you, Ashan. It's a pleasure to be here. My journey has been key diverse, spanning multiple countries and industries. Originally from China, I had the opportunity to study at eight universities

Starting point is 00:00:41 across Shanghai, Victoria, London, New York, and Tokyo, focusing on computer science and industrial design. My professional journey began at Lincoln Motivation Group, where I managed Japan's largest global HR event and developed the largest employee engagement cloud system, Motivation Cloud. I later ventured into the tech and media space with projects like the travel planning visualization app, JourneyNote, and Craftletter, which promotes Japanese craft production areas. In March 2022, I produced the NFT collection, Friends in the Shallows, and held Japan's first NFT solo exhibition. Since April 2022, I have been leading the organization of IVS Crypto, Japan's largest

Starting point is 00:01:23 crypto conference. The theme, Cross the Boundaries, for IVS Crypto 2024 Kyoto reflects our vision of breaking down barriers between different technologies, industries, and communities, especially between Web 2.0 and Web 3.0. We aim to explore the limitless possibilities of using blockchain and Web 3.0 in actual industries, fostering innovation and collaboration on a global scale. Ashon Pondi What are some of the most exciting innovations or projects showcased at IVS Crypto 2024 KYOTO, and what should attendees be most looking forward to? Whipless Wong

Starting point is 00:02:01 IVS Crypto 2024 Kyoto is set to be a remarkable event with several exciting innovations and projects on display. Attendees can look forward to Web3 Entertainment Zone, a fusion of gaming, animation, manga, and IP content creation, offering an immersive experience of real-world Web3 applications combined with the anime culture of Japan. Backslash.NOX Gallery Kyoto. Japan's first physical NFT gallery, showcasing top artists from around the world and exploring new forms of art through NFTs. A.K.A. Virtual Booth. This booth will feature virtual characters from large Japanese IPs, including Sonic and friends. Attendees can experience cutting-edge 3D animation and

Starting point is 00:02:44 motion capture technology, seeing how these beloved characters are brought to life in virtual spaces and rendered in real-time. Additionally, the participation of leaders like Mo Shaikh of Aptos Labs, Ray Chan of Memeland, Yat Su of Animoca Brands, and Sebastian Borget of The Sandbox will provide attendees with invaluable insights into the latest technologies and trends. Ashan Pandey. Hosting such a large event in Kyoto must significantly impact the local economy. Can you discuss the expected economic benefits and any local community involvement in the event? Whipless Wong. Hosting IVS Crypto 2024 Kyoto in Kyoto indeed has a significant positive impact on the local economy.

Starting point is 00:03:26 The influx of over 10,500 attendees, including global leaders, innovators, and enthusiasts, drives substantial economic activity in the region. This includes increased business for local hotels, restaurants, and other service providers. Moreover, the event fosters community involvement by partnering with side event organizers, and in total we are expecting more than 200 side events this time. For instance, there will be an event at Toei Kyoto Studio Park with Evangelion Kyoto Base to create a unique experience for attendees, highlighting Japan's rich cultural heritage and famous IPs. This collaboration not only promotes local tourism but also enhances

Starting point is 00:04:06 the global visibility of Kyoto as a hub for innovation and culture. Ashan Pondi, Blockchain Technology and Web3.0 are rapidly evolving. What major trends do you foresee in the next 3-5 years that will shape the future of these industries? Weplus Wong. Over the next 3-5 years, several major trends are likely to shape the future of blockchain technology and Web 3.0. Decentralized ownership of games. Blockchain will enable true ownership of in-game assets through NFTs. Players will be able to buy, sell, and trade unique items, skins, and characters across different platforms, creating a more dynamic and player-driven market. Creator economies. Blockchain will empower content creators by

Starting point is 00:04:50 providing new ways to monetize their work. Decentralized platforms will allow creators to retain ownership of their content and earn directly from their audiences through tokens and microtransactions, bypassing traditional intermediaries. Interoperability. Enhanced cross-chain solutions will enable seamless interaction between different blockchain networks, fostering a more connected ecosystem. Integration with AI. The convergence of AI and blockchain will drive new innovations, particularly in data security, automation, and smart contract execution. Backslashash. Regulation and compliance. As the industry matures, regulatory frameworks will become more defined, providing clarity and

Starting point is 00:05:31 stability for businesses and investors. Backslash. These trends will collectively contribute to the mainstream adoption and evolution of blockchain and Web3. Zero technologies. Ashant Pandey. The theme of IVS Crypto 2024 includes exploring the intersection of AI and blockchain. How do you see these technologies complementing each other in the future? Wiplus Wong. The contents of IVS Crypto 2024 will explore the intersection of AI and blockchain, and these technologies will complement each other in several transformative ways. Attendees can look forward to sessions that delve into these synergies. AI plus token economy. AI agents can perform tasks, provide services, and engage in transactions

Starting point is 00:06:14 within blockchain ecosystems, earning tokens and enhancing efficiency. In the session, AI application, acceleration and revolution of Gaming, you'll hear from experts like Justin Waldron, founder and CEO of GEMS, Tino Miller, CEO and co-founder of Move.ai, Edwin Lee, CTO of Flux Inc., Shuhei Mize, co-founder of AnimeChain. I, and Sarah Giusto, producer at Awe Inc. They will discuss how AI is transforming the gaming industry through blockchain integration. AI in DAOs. AI can automate decision-making and payments in decentralized autonomous organizations, DAOs, improving operations and transparency. The session, The Potential of DAO x Generative AI. What is a participatory creative firm?

Starting point is 00:07:03 Will feature Mano Arai, CTO of iHub, Yusuke Hirowatari, DAO Business Division Director at GAIAX, Kureyami, CEO of Pinocchio, and Aramu Main, Web3 Division Director at GAIAX, exploring how AI and blockchain are reshaping the creative processes within DAOs. Decentralized AI Marketplaces Blockchain enables secure, decentralized marketplaces for AI models and data, promoting global sharing and monetization. This concept will be highlighted in the session, AnimeChain, AI's vision for a creator-first generative AI times blockchain ecosystem, by Shuhei Maiz, co-founder of AnimeChain. I. Where the focus will be on building ecosystems that

Starting point is 00:07:46 prioritize creators. These sessions at IVS Crypto 2024 will provide valuable insights into how AI and blockchain are driving innovation, enhancing efficiencies, and creating new opportunities across industries. Ashan Pandey. With companies like Aptos Labs, The Sandbox, and Konami Digital Entertainment participating, what impact do you expect their involvement to have on the Japanese and global crypto ecosystems? Whipless Wong. The participation of companies like Aptos Labs, The Sandbox, and Konami Digital Entertainment at IVS Crypto 2024 Kyoto is expected to drive significant synergies between advanced Web3 technologies and business models from overseas and the rich content, creators, and IPs from Japan.

Starting point is 00:08:31 This collaboration will foster new business models, enhance the global reach of Japanese content, and accelerate the adoption of blockchain technology across various sectors, ultimately strengthening both the Japanese and global crypto ecosystems. Ashan Pandey. How does IVS Crypto 2024 aim to foster collaboration and innovation within the global crypto community? And what are some initiatives in place to support new and emerging projects in this space? Whipless Wong. IVS Crypto 2024 aims to foster collaboration and innovation within the global crypto community through a variety of strategic initiatives designed to support new and emerging projects kicking off Japan Blockchain

Starting point is 00:09:09 Week. IVS Crypto 2024 is the main event of Japan Blockchain Week, which includes many other significant events like EDCON. Together, these events are expected to attract a total of 50,000 participants. This large-scale gathering amplifies the opportunities for networking, collaboration, and innovation across the entire global blockchain and crypto community. Backslash.crypto village. Located near the main stage, Crypto Village serves as a dynamic networking space where attendees can engage with each other, exchange ideas, and form valuable connections. This area is specifically designed to facilitate interaction among participants, providing an environment

Starting point is 00:09:50 conducive to collaboration and partnership. 200-plus side events. With over 200 side events planned, IVS Crypto 2024 offers numerous opportunities for attendees to delve deeper into specific topics, participate in focused discussions, and network with peers in the beautiful city of Japan's ancient capital, Kyoto. VC Lounge The VC Lounge is a dedicated space where more than 200 Web3 venture capitalists will be participating. This provides startups and emerging projects with unparalleled access to potential investors, fostering opportunities for funding and mentorship. The lounge will be a hub for discussions on investment trends, project pitches,

Starting point is 00:10:30 and networking with leading VCs. The Demo Day. As the largest Web3 hackathon demo day in Japan, this event will showcase innovative projects developed during the hackathon. Operated in English, the Demo Day provides a platform for teams to present their solutions to a global audience, including investors, industry leaders, and potential collaborators. It is a key initiative to highlight and support breakthrough innovations in the Web3 space. AIX Anime Contest. This contest is a unique initiative that combines the creative power of anime with the technological advancements of AI. It encourages participants to develop innovative projects that leverage AI in the creation and enhancement of anime content. The contest aims to inspire new ways of thinking about content

Starting point is 00:11:15 creation and to explore the intersection of technology and creativity. Through these initiatives, IVS Crypto 2024 IS dedicated to creating an ecosystem that nurtures innovation, supports emerging projects, and fosters collaboration among global crypto community members. These efforts will help drive the industry forward, bringing together diverse talents and resources to build the future of Web3 and blockchain technology. Ashan Pandey. Looking beyond IVS Crypto 2024, what is your vision for the future of the event and the broader crypto industry in Japan over the next 5-10 years? Whipless Wong. Looking beyond IVS Crypto 2024, my vision for the future of the event and the

Starting point is 00:11:57 broader crypto industry in Japan includes, deepening the integration of blockchain and Web3.0 technologies with traditional industries to drive innovation and efficiency. Further, making IVS crypto a premier global event with more participants, speakers, and exhibitors. Japan leading in developing regulatory frameworks that support innovation while ensuring consumer protection and market stability. Further, it is critical to boost public awareness and education about blockchain and Web3.0 technologies to drive mainstream adoption. Through these efforts, we aim to shape a thriving and sustainable future for the crypto industry in Japan,

Starting point is 00:12:35 Asia and beyond. Don't forget to like and share the story. Tip Vested Interest Disclosure. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims herein belong to the author. Hashtag D-Y-O-R. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - How AI and Blockchain are Converging: A Look into IVS Crypto 2024's Innovative Approach

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