Swissep 25 - web3 present - Thang AStar Group
Short Summary:
The presentation discusses the current state of Web3 and the Thang AStar Group's involvement. Key points include the limitations of existing blockchain networks (low performance, scalability issues), the group's focus on decentralized finance (DeFi) mirroring traditional finance (including borrowing, lending, and options trading via platforms like HyperLiquid and Jupiter), the development of stablecoins pegged to USD or commodities, and the provision of Web3 infrastructure including gaming and security solutions. The group highlights its investment success with EOS Viet Nam and aims to continue expanding its presence in the Web3 space. The applications and implications are centered around improving the accessibility, security, and efficiency of various Web3 services. No specific processes or methods were described in detail, but the overall approach involves building and investing in various Web3 projects.
Detailed Summary:
The transcript is difficult to understand due to numerous grammatical errors and unclear phrasing. However, we can break it down into thematic sections:
Section 1: Current State of Blockchain and DeFi: The speaker begins by acknowledging the limitations of current blockchain technology, specifically mentioning Bitcoin's slow transaction speeds and the performance issues affecting smart contract functionality in decentralized applications (dApps). They highlight the need for improvement in scalability and performance. The speaker then introduces the concept of decentralized finance (DeFi) as a reflection of traditional finance, mentioning borrowing, lending, and options trading as examples. Specific platforms like HyperLiquid and Jupiter are cited as examples of existing solutions in this space.
Section 2: Thang AStar Group's DeFi Activities: The group's involvement in DeFi is described, emphasizing their stablecoin development (pegged to USD or commodities like gold). The speaker mentions the current market volatility and the challenges of investing in cryptocurrencies, using Bitcoin as an example of the risks involved in leveraged trading.
Section 3: Web3 Infrastructure and Security: A significant portion focuses on the group's contributions to Web3 infrastructure. This includes providing solutions for game developers, aiming to simplify the integration of blockchain technology into games. The speaker also stresses the importance of security in the cryptocurrency world and the need for protective measures against various threats. They mention providing infrastructure to connect mobile devices globally and offer VPN services for secure internet access.
Section 4: Investments and Future Plans: The presentation concludes with a discussion of the group's investment strategy, highlighting their successful investment in EOS Viet Nam as a case study. They express optimism for future success and mention potential future projects.
Notable Quotes (paraphrased due to poor grammar): While there are no directly quotable sentences due to the poor quality of the transcript, the overall message is one of addressing the limitations of current blockchain technology and building a more robust and secure Web3 ecosystem through DeFi, infrastructure development, and strategic investments. The speaker repeatedly emphasizes the need for improved performance, security, and accessibility within the Web3 space.