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Over 30 industry leaders attended the event. Fosun Group Co-Founder Xinjun Liang, Business China President Peiling Tin, Bitmain Co-Founder Jihan Wu and FOMO Pay Co-Founder Zack Yang gave their views on Web 3.0 and the tokenized world during the round table.
Ben, the founder of imToken, shared his views on how blockchain will reform the future world in the keynote for “Tokenized Globe.” Ben said:
“The token is the most significant innovation that has been validated by blockchain technology. Items such as ERC-20 Token, ERC721 NFT and DPT issued by Singapore government are basically all tokens. Token itself is also a new evolution of digital media, from text, images, audio and video to the process of digitization of the physical world.
“The token is a great way to connect the digital and physical worlds,” Ben explained. “Tokens can not only represent value in the digital world, but also map the physical world into the digital world, a process known as ‘Tokenization.’ and physical, “This is the Tokenized world we imagined based on Token. “
“The wallet is known as ‘the home of Token’ and has played a vital role in helping users access the tokenized world. imToken aims to make the wallet a gateway to attract mass market consumers. “With more partners in the blockchain ecosystem, we hope to contribute to blockchain transformation together. We advance the development of blockchain technology and enable more consumers to access the tokenized world equally and freely,” Ben said.
Roundtable guests shared their views on the “tokenized world” in their different fields. Ben’s perspective centered on the advancement of technology “Going back to the original purpose and purpose of technology, tokenization is to serve people and bring them happiness. As a result, blockchain and the internet must focus on the value that technology brings to people’s lives and the meaning of life. »
Talking about “Metaverse” and “Tokenzied World”, Xinjun Liang, co-founder of Fosun Group, believes that “Token is a basic tool and a means of value in the Metaverse. As a vehicle for the free flow of value, Token will cause enormous changes in human behavior and social form, allowing people who have never met before to continue contributing their intelligence and mental or financial resources to a common goal under the impetus of Token. “This view coincides with the DAO mentioned by Jihan Wu, the co-founder of Bitmain, they are all looking forward to the organizational ecology under the new model.
In addition, Xinjun Liang expressed his opinion on the “Soulbound Token” thesis previously published by Vitalik, the founder of Ethereum, “This thesis brings strategic thinking and will strategically change the economic scale of the metaverse.”
In terms of supervision, Peiling Tin, President of Business China, mentioned that:
“The Monetary Authority of Singapore has launched an exciting mechanism: Sandbox Express. This is a design for both parties: early adopters can practice, develop and explore new technologies under supervision; regulators can learn and better understand the latest developments in the industry through these precursors. Singapore regulators are ready to embrace the future and are interested in Tokenized World. “
“Regulations are always late. Every step taken by early adopters will face risks and challenges, as many areas are unknown to both regulators and early adopters. Zack Yang, co-founder of FOMO Pay, said, “But due to this unknown, tokenization has huge potential, which is a great opportunity for ISP businesses.”
Regarding the future of Tokenized World, Ben believes that blockchain products must lower barriers to attract mass market users. This will be achieved by forcing infrastructure upgrades. Spiraling product and infrastructure development can allow the industry to grow rapidly and continuously adopt new technology.
imToken is a decentralized digital wallet used to manage and protect a wide range of blockchain and token-based assets, identities and data. Since its inception in 2016, it has helped its users transact and exchange billions of dollars in value in over 150 countries around the world. imToken allows its users to manage assets on over 20 mainstream blockchains, as well as seamlessly connect to DApps through a decentralized app browser.