TOKEN2049, the preeminent Web3 and cryptocurrency conference in Asia, took place in Singapore, boasting over 10,000 attendees and more than 300 exhibitors. Spearheaded by industry pioneers, the event encompassed traditional finance and banking, digital assets, artificial intelligence, and the Web3 realm, undoubtedly solidifying its reputation as the most anticipated annual event in the sector. GAS PLANET, the emerging star in the Web3 gaming ecosystem, was honored with an invitation to participate.
At TOKEN2049, founders and top executives from leading global Web3 companies convened to delve deep into the pressing issues and emerging trends of the day. Sairam P L, the Global CEO and Director of Product Development for GAS PLANET, elucidated a distinctive and effective strategy surrounding the Web3 gaming ecosystem. He presented an innovative bridge between virtual assets and real-world tangible assets (RWA), promoting enhanced asset liquidity.
As the demand for real-world assets in DeFi continues to escalate, Real-World Assets (RWA), perceived as the next growth engine for DeFi, are gaining traction. Platforms are vying to tap into the substantial yields available in traditional markets. RWA encompasses traditional financial products such as bonds, stocks, and real estate, offering DeFi a tangible asset-related growth avenue. The evolution of Web3 games paves the way for the integration of RWA assets.
Building on a Play-to-Earn (P2E) foundation, GAS PLANET game integrates NFTs with real-world industry scenarios, like apparel and land ownership, pioneering the application of RWA within the Web3 gaming landscape. This empowers crypto enthusiasts to engage in more valuable asset investments with a reduced barrier to entry.
Sairam P L, the Global CEO and Director of Product Development for GAS PLANET, remarked that GAS PLANET is a Web3 gaming ecosystem application under the NDF banner, deployed on the BSC second-layer chain OpBNB network. The incentive mechanism of GAS PLANET's Web3 game introduces a novel fan interaction gameplay, rewarding players for the time and effort they invest in the game. This disrupts the longstanding inequitable profit distribution paradigm in the gaming sector, facilitating the circulation of cryptocurrency's value. The goal is to establish a robust bridge for RWA's entry into the Web3 domain.
TOKEN2049 is a prestigious Web3 event held annually in Singapore, where global decision-makers of the crypto ecosystem converge to exchange ideas, forge connections, and shape the industry. At this gathering, GAS PLANET's emergence has ushered in fresh business collaboration opportunities for global entrepreneurs, institutions, builders, and all cryptocurrency aficionados.
