The Good Tech Companies - The ZIGChain Summit Lays Down Roadmap For Web3’s Wealth Creation Narrative

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. The ZIG Chain Summit lays down roadmap for Web3's wealth creation narrative. By Dan Stein, the Web3 industry is, in, famously known for rampant speculation and short-term profit generation during cyclical bull markets. But Web3 projects like ZIG Chainiam to shift the narrative from pure financialization to real-world use cases with equitable wealth distribution. The recently concluded ZIG Chain Summit in Dubai's Al Habtour Grand Resort was a testament to ZigChain's efforts to empower users through sustainable value generation.

Starting point is 00:00:38 Over 2,000 people attended the ZIG Chain Summit in Dubai, including Web3 builders, investors, and traditional finance – TradFi – professionals. Among the TradFi attendees were private banking heads, wealth management teams, investment and fund managers, family offices, and asset management companies. The ZIG Chain Summit demonstrated the potential of a thriving DeFi ecosystem with the promise of building inclusive on chain finance. To this end, the ZIG chain team made several important announcements about ZigChain's future trajectory and how it'll contribute to Web3's wealth generation narratives. Shaping the future of wealth creation, legacy finance has systematically excluded most people

Starting point is 00:01:20 through high entry barriers like a minimum investment threshold and accredited investor requirements. Subsequently, high-yield financial products like hedge funds, private equity, and real estate are reserved for tech-savvier institutional investors with huge capital reserves. The emergence of blockchain-enabled DeFi has democratized retail users' access to sophisticated financial instruments and yield-generating strategies without requiring high upfront capital. Further, real-world asset, RWA, tokenization has enabled more market liquidity through fractional ownership and instantaneous transaction settlements, thereby attracting retail customers. During the ZIG Chain Summit, the founder's keynote address revealed ZigChain's roadmap to realize Web3's wealth generation strategies through its flagship products and funding support.

Starting point is 00:02:08 Wealth Management Engine The Wealth Management Engine, WME, was a major announcement at the summit-topplace ZIG chain at the center of the emerging on-chain wealth ecosystem. WME is aid-centralized investment framework and foundational infrastructure layer-powering future-proof programmable wealth generation by unlocking institutional grade opportunities for retail users. WME enables users to deposit capital with professional wealth managers and receive strategy tokens representing their exposure to asset classes, yield rates, and risk appetite.

Starting point is 00:02:40 This simplifies on-chain investing by abstracting away reward-compounding and portfolio rebalancing, while incorporating features like fee automation logic and auditability. In the, Tokenization and the Future of Capital Markets panel, Ahmed Shafi, Chief Strategy Officer of ZIG Chain, elaborated, products like ZigChain's WM-ELO retail usability by enabling professional asset managers and strategists to transparently manage user funds. Besides democratizing access to institutional-grade investment strategies, WME facilitates next-gen wealth infrastructure and decentralized capital growth for retailers. Zamanit Zamanit, a Sharia-compliant marketplace for RWAs built on ZIG chain and powered by

Starting point is 00:03:23 Disrupt. COM, was launched during the summit. It aims to democratize access to RWA investments by adhering to transparent, ethical standards across the Islamic finance ecosystem. Abdul Rafay Gaddid, co-founder at ZIG chain, said, the biggest challenge in a said organization is distribution and reaching out to retailers who'd buy them. The zig chain ecosystem tries to solve that problem through Zamanat. During the, Sharia, DeFi, and Inclusive Wealth Infrastructure, panel, Maya Marissa, CEO and

Starting point is 00:03:54 Managing Director at Imani Advisors, explained, the Islamic finance industry is expected to reach $6.7 trillion by 2027. Web3 platforms like Zamanit will unlock new markets for Muslim investors by tokenizing real estate, sukuk, and private credit. At Amani Advisors, we've also provided the Sharia Compliance Certificate to the DeFi aggregator, Nahua Finance, to boost growth. $25 million DEFAI fund a major $25 million DEFY funding initiative by Zig Labs, Disrupt. COM and DWF Labs was announced at the summit to support builders developing eye-based and DEFY projects for equitable wealth generation. This initiative focuses on building innovative

Starting point is 00:04:38 solutions for decentralized financial services, asset management, and digital wealth strategies. The DeFi fund is in addition to the $100 million ecosystem fund by Zig Labs. Ecosystem developments The much-awaited ZIG Chain mainnet launch date was set at the summit to be on June 25, 2025, marking ZIG Chain's next growth phase. This demonstrates the platform's operational readiness for retail onboarding and supporting ZIG Chain native dApps like AuraSwap and Memes.Fun. The ZIGChain Kickstart program was also announced to support developers with grants and technical guidance to accelerate dApp development within ZIGChain. Simultaneously, collaborations like the DWF Labs-backed Falcon Finance Partnership will

Starting point is 00:05:22 strengthen ZigChain's financial services, while financial tools like the WealthPass concept reveal will provide customized investment strategies to users for seamless DeFi usability. The ZIG Chain team also announced plans to offer an engaging DeFi experience through gamified interactive journeys to educate users on wealth generation principles. It also intends to expand investment options by integrating alternative assets and defy products to diversify investor portfolios. Towards inclusive on-chain finance, the ZIG Chain Summit consisted of thought-provoking conversations around innovation,

Starting point is 00:05:57 networking events, and forging new opportunities in Web 3. During the Summit, 12 dApps natively building on ZIG Chain set up booths, while 15 live dApps running on other chains expressed their intention to eventually bridge to ZIG chain. The ZIG chain summit was framed as an inflection point toward a new era of ethical, inclusive, and decentralized wealth generation within the Web3 ecosystem. This story was authored under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

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The Good Tech Companies - The ZIGChain Summit Lays Down Roadmap For Web3’s Wealth Creation Narrative

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