Neo has officially opened its Hong Kong office, located in Cyberport, the region's digital technology and Web3 hub. The move is part of Neo's strategic expansion in the emerging blockchain hub, positioning itself to drive progress towards the smart economy. The office will serve as a base to support local Web3 developer talent and drive investment in the region. As a participant in Cyberport's incubation program, Neo will benefit from financial support and networking opportunities.
Da Hongfei, founder of Neo and CEO of Neo Global Development, emphasized the importance of the new office in line with the Hong Kong government's efforts to establish the city as a Web3 hub. Neo's participation in the Cyberport Incubation Program reflects its role as a Web3 innovator and aims to support local developer talent. Neo's expansion into Hong Kong strengthens its presence in Asia's Web3 ecosystem, contributing to the community's growth and innovation. With Hong Kong emerging as a key player in the adoption of digital assets, Neo is poised to build relationships with local enterprises, universities and talent, fostering a distributed smart economy network. Source: Korea IT Times
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#1. 4.19889 billion won. It is the amount raised for the release of the webtoon “Magical Girl Isegye Idol,” also known as Isegye Idol, and its merchandise on the crowdfunding platform Tumblbug on Jan. 25. More than 30,000 fans flocked to the release of the comic book featuring the six members of the virtual girl group Isegye Idol, which is in its third year of debut. It marks the highest amount of support in the history of crowdfunding for a single content in South Korea. The virtual girl group’s song “Kidding,” released last year, reached No. 1 on the domestic music platform Bugs Music and No. 3 on the U.S. Billboard K-Pop chart.
#2. Virtual boy group PLAVE topped the Melon Hot 100 chart after releasing their Christmas carol song “Merry PLLIstmas” last month. Their first mini album, released last August, became the first virtual idol to sell more than 200,000 copies in the first week of release. It surpassed the initial sales of “WHO!” (110,442 copies), the debut single of BOYNEXTDOOR, a boy group under the major record label HYBE. Virtual idols are garnering attention with performances comparable to real idols in traditional metrics such as music chart rankings, concert attendance, and merchandise sales. At the “Isegye Festival” held in September last year at Songdo Moonlight Festival Park in Incheon, where Isegye Idol was the headline act, all 10,000 tickets sold out within eight minutes of going on sale. “It is estimated that about 20,000 fans gather whenever Isegye Idol holds a performance or sells merchandise,” said an official from Parable Entertainment, Isegye Idol’s agency. Source: Chosun Lotte Group will realign its business portfolio to focus on four major new growth engines — bio technology, metaverse, hydrogen energy and secondary batteries — and take preemptive steps to sell its non-core businesses to maximize management efficiency, Chairman Shin Dong-bin said.
In an interview with the Yomiuri Shimbun, a Japanese newspaper, Shin shared its group-wide strategy of bolstering core businesses with huge growth potential, while at the same time selling unprofitable ones, in a bid to streamline its portfolio amid escalating global economic uncertainties. “We are pushing for business expansion in the four new growth areas, and have plans to sell some of our less lucrative businesses down the road,” Shin told the Japanese newspaper, Tuesday. “Lotte has acquired a group of around 60 big and small firms, but now we have shifted our strategic focus in a way to focus more on some core businesses, so we can develop our overall portfolios.” Source: Korea Times A market study Global examines the performance of the Metaverse Digital Real Estate 2023. It encloses an in-depth analysis of the Metaverse Digital Real Estate state and the competitive landscape globally. The Global Metaverse Digital Real Estate can be obtained through the market details such as growth drivers, latest developments, Metaverse Digital Real Estate business strategies, regional study, and future market status. The report also covers information including Metaverse Digital Real Estate industry latest opportunities and challenges along with the historical and Metaverse Digital Real Estate future trends. It focuses on the Metaverse Digital Real Estate dynamics that is constantly changing due to the technological advancements and socio-economic status.
Pivotal players studied in the Metaverse Digital Real Estate report: Decentraland, Sandbox, Uplandme, Cryptovoxels, Somnium Space Source: Artrocker As a global financial center, Hong Kong has achieved much success in paving the framework for the Web3 and digital assets industry in the past year. The effort in connecting traditional finance with digital assets has been welcomed by broader market participants and one of the biggest developments has to do with the introduction of STO and RWA investing.
STO stands for Security Token Offerings and primarily focuses on assets traded by the traditional securities sector. The issuance and trading of STOs will be through blockchain technology, which represents underlying securities contracts commonly seen in traditional finance. On the other hand, Real World Assets (RWAs) aim to tokenize broader real-world assets with tangible value and will allow investors to buy real-world assets through blockchain technology. Hong Kong is open to STO/RWA development and you don’t need to look further than the recent interview by Elizabeth Wong, head of the FinTech Unit of the Hong Kong Securities and Futures Commission (SFC) in which she indicated the STO/RWA may be available for retail investors. Source: Technode Global “The Blockchain to Government Conference (B2GC) serves as the official gathering where the Thai government collaborates with leaders in the blockchain industry. Together, they explore the Thai Digital Wallet Scheme and the national blockchain infrastructure, paving the way for a more digitally empowered Thailand. As Thailand strives for economic modernization, blockchain emerges as a transformative force, reshaping concepts of trust, security, and decentralization.”
Nestled within Thailand’s dynamic tech landscape, the B2GC initiative has become a pivotal catalyst propelling the ascent of Web 3.0. In the midst of profound digital transformations, the evolution towards a decentralized, user-centric internet is not merely a possibility but an imminent reality. Let’s delve into the reasons behind the impending Web 3.0 revolution and examine how FUTURA, with its comprehensive application ecosystem, is steering Meta-Communities to lead the way in this era. Source: Tech Announcer Summary
Yannis Georgas presents the building blocks of a Cognitive Digital Twin and discusses the challenges and benefits of implementing one in an organization. Bio Yannis Georgas is the Intelligent Industry Lead at Capgemini, where he develops Industry 4.0 solutions for clients in Manufacturing, Energy, and Utilities. Before joining Capgemini, he led innovation projects in the fields of Smart Cities, Connected Autonomous Vehicles, and 5G Radio Access Networks as an innovation leader at Cisco UK&I. About the conference Software is changing the world. QCon empowers software development by facilitating the spread of knowledge and innovation in the developer community. A practitioner-driven conference, QCon is designed for technical team leads, architects, engineering directors, and project managers who influence innovation in their teams. Source: Infoq D’CENT Wallet and MetaOasis have partnered today to simplify digital access. This collaboration advances the blockchain business by merging the characteristics of both platforms to improve user experience. MetaOasis, a cutting-edge Metaverse platform incorporated into the Avalanche blockchain, is promising tremendous change. Based on its motto “WITH GROW” MetaOasis encourages unlimited creative and economic potential. The partnership with D’CENT Wallet is expected to open a new digital environment and improve users’ decentralized Metaverse experience.
The D’CENT Wallet is MetaOasis’ official gateway, ensuring secure access and trust in this dynamic digital world. D’CENT Wallets increase cryptographic asset security and efficiency by integrating MetaOasis’s AIM token. D’CENT Wallet Dapp browser makes MetaOasis easy to access. This lets people join the platform’s dynamic economy, which includes buying virtual land and NFT adventures. Source: Blockchain Reporter Increasingly, people are becoming aware of the importance of mental health and well-being in our lives. In our weekly Gen Zen series, TODAY looks at ways that we can feel better while coping with the mental stresses of modern life.
Source: Today Online A high-tech retail space powered by artificial intelligence (AI) and robotics has been launched at one of Singapore’s transit retail spaces, providing commuters with self-checkout retail experiences as well as beverages prepared and served by robots.
Dubbed Hive 2.0, the space, located in Esplanade Xchange, was developed by Stellar Lifestyle, the business arm of Singapore public transport operator SMRT, together with retail partners including 7-Eleven and technology startups Javis Holdings and QuikBot Technologies. At 7-Eleven’s first self-checkout store, which is fitted with smart cameras and sensors, commuters can tap their credit card to enter the store, pick up the items they need, and leave the store without going to a cashier. Purchases are automatically charged to their card as they exit. Source: Computer Weekly |