Bitget held the first EmpowerX Summit in Singapore on September 12, and nearly 1,900 participants witnessed this Web3 event. During the conference, 247 speakers and partners discussed topics such as the technological integration of artificial intelligence and cryptocurrency, institutional investment’s trend judgment on the encryption industry, innovation in the Web3 industry, and the future economy.
The keynote speech delivered by venture capitalist Tim Draper aroused great response. He said: I like what Bitget is doing-bringing Bitcoin and other cryptocurrencies to the masses and emphasized that a good user experience and user interface are The biggest attraction will be to bring a wider audience to the encryption industry.
Dragonfly Capital Managing Partner Haseeb Qureshi shared his insights during the keynote speech, where he highlighted the explosive growth of on-chain settlements and revealed, “More than $11,000 billion in stablecoins will be settled on-chain in 2022, This represents a larger amount of funds settled through stablecoins than Visa. There are 25 million addresses holding more than $1 in funds, which is equivalent to the fifth largest bank in the United States in terms of number of users. This data shows that today The large number of people using stablecoins highlights the rapid expansion of the cryptocurrency market.
Gracy Chen, Managing Director of Bitget, delivered a speech at the beginning of the event. She clarified Bitgets mission to empower crypto transactions for global users and assist enterprises in realizing the vision of decentralized practical applications.
Subsequently, TRON DAO founder Justin Sun, Kaito AI founder and CEO Yu Hu, Hack VC managing partner Alexander Pack, Stanford University professor and Shannon Award winner David Tse and other industry celebrities conducted a wonderful round table discussion, which delves into the future of artificial intelligence, blockchain, and the Internet.
The EmpowerX Summit included six roundtable discussions, and guests who participated in sharing their views included: Polygon co-founder Mihailo Bjelic, Mysten Labs co-founder Adeniyi Abiodun, LayerZero co-founder Bryan Pellegrino, Chiliz founder Alexandre Dreyfus, Hello Labs’ Co-founder Sander Gortjes, Chainalysis co-founder Michael Gronager, Sandbox co-founder Sebastien Borget, etc. In addition, Carl Hua, investment partner and chief technology officer of Dragonfly Capital and Shima Capital, and Tony Cheung, partner of Foresight Ventures, were also invited to attend the meeting.
Bitget has gradually transformed from a crypto derivatives trading platform into a platform with a comprehensive ecosystem. Earlier this year, Bitget invested an additional US$30 million in BitKeep and became its controlling shareholder. On August 10, Web3 multi-chain wallet BitKeep officially completed its brand upgrade and was renamed Bitget Wallet.
During the summit, Bitget announced the establishment of a US$100 million EmpowerX fund, symbolizing Bitgets firm commitment to promoting ecological development, aiming to establish a complete ecosystem, provide diversified services, and meet the multiple needs of global users.
One of the most striking moments at the EmpowerX Summit was the Web3 project roadshow hosted in partnership with HELLO Labs. During the summit, attendees were treated to a live performance of the Killer Whales reality show, where four entries presented their ideas in front of a panel of judges, with Lava emerging as the winner. Lava is an open standard for blockchain RPC and API, aiming to simplify the development of web3 applications using blockchain data while ensuring the timeliness and practicality of the data.
The global digital asset market is expanding rapidly. With the development of the industry and the continuous improvement of infrastructure, digital assets have become an integral part of the global financial system. Bitget actively expands its business scope and creates a comprehensive ecosystem including trading, investment, research, DeFi, media and other dimensions, while promoting the progress of the industry.
About Bitget:
Founded in 2018, Bitget is the worlds leading crypto-asset trading platform, serving more than 20 million users in more than 100 countries and regions around the world. We are committed to providing safe and efficient one-stop solutions to help users conduct transactions more intelligently. Bitget has many trusted partners around the world, including legendary Argentinian football player Lionel Messi and official esports event organizer PGL. According to Coingecko data, Bitget is currently among the top five contract trading platforms and the top ten spot trading platforms in the world.
