Gate.io Empowers Blockchain Innovation at Lead Asia Demo Day 2024

2024-07-03, 07:14

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We are excited to share with you that we recently concluded hosting Lead Asia Demo Day in Seoul as a side event of Seoul Meta Week.  The event provided four Web3 startups with the opportunity to pitch their projects for a chance to win the Best Innovation Award, demonstrating of our commitment to promoting blockchain innovation.

## Advancing the Future of Blockchain
On June 28th, [Gate.io](https://www.gate.io/signup/?ch=GM_blog_demoday_20240702&utm_campaign=TR_lbdyvibO&utm_content=&utm_medium=ptr&utm_source=CH_sApqy83F&utm_term= "Gate.io") partnered with Wemade, a leading game developer in Korea known for its flagship IP, MIR, to host the event in Seoul, which drew over 300 attendees. The event began with a welcome speech by Leo, Director of Strategy & Operations in East Asia, and Tiffany Chang, Investment Associate, highlighting Gate.io's dedication to fostering innovation and driving industry growth. They detailed Gate Ventures' proactive investments and support for innovative blockchain startups, emphasizing their focus on community-driven tokenomics, genuine innovation, robust engineering, and sustainable business models across the Asia Pacific Region.

Specifically Leo introduced Gate.io by sharing key data points and described our vision for blockchain innovation. He emphasized Gate.io's commitment to leading the industry and creating a better future. With its robust infrastructure, expertise in security and compliance, and determination to support innovation, Gate.io positions itself as a premier driver of innovation.

![](https://gimg2.gateimg.com/image/article/17199233552.png)

Tiffany Chang continued the speech by delving into Gate Ventures and its investment thesis, detailing how the company maps the crypto space into various subcategories. She focused on innovations within the Web3 tech stack and decentralized infrastructure in the Asia Pacific Region, discussing the internet's transition from Web 2 to Web 3 and its impact on startups and venture funding. Gate Ventures anticipates significant improvements in interoperability and composability in the next phase of Web3 innovation.

![](https://gimg2.gateimg.com/image/article/17199237393.png)

Tiffany concluded by highlighting several of Gate's portfolio companies, emphasizing that while blockchain technology and cryptocurrencies are advancing towards broader adoption, the development process remains in its early stages.

## Showcasing the Pioneers of Next-Gen Web3 Technology
During Lead Asia Demo Day, the following four promising startups—Batching.ai, CYRUS, Amnis Finance, and Quranium—presented their industry-leading projects, each contributing to the limitless potential of Web3 development.
**- Batching.ai: **An AI-driven NFT Gaming Platform that utilizes NFT information and incorporates AI technology for image generation, allowing users to play games with their NFT decks.
**- CYRUS: **A blockchain startup focused on environmental and healthcare solutions, seamlessly integrating personal well-being, eco-friendly initiatives, and blockchain technology.
**- Amnis Finance:** The top #1 liquid staking platform on Aptos. It has achieved over $104 millions in Total Value Locked (TVL) and more than 200K stakers.
**- Quranium:** The world's first quantum-proof hybrid distributed ledger technology (DLT), designed to build a groundbreaking decentralized infrastructure prepared for the quantum computing era. This innovative solution stands out for its unparalleled speed and scalability, ensuring robust and future-ready performance in an evolving technological landscape.

## Driving The Industry Forward
The startups showcased their innovative potential, making it a close competition for the Best Innovation Award. Ultimately, Batching.ai stood out for its groundbreaking work. Tiffany Chang commented, "We believe their cutting-edge AI-driven NFT gaming platform is set to revolutionize the Web3.0 gaming experience."

![](https://gimg2.gateimg.com/image/article/17199239274.png)

After the formal demo session, Gate.io hosted an exclusive VIP dinner, bringing together leaders from the Web3 industry, professionals, and media representatives for an enriching evening. Guests enjoyed networking opportunities while discussing the latest trends and exploring future opportunities within the blockchain space.

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At the end of the event, Gate.io extended its heartfelt gratitude to co-host Wemade, a pioneer among game developers in South Korea which adopted blockchain technology early to operate the world's largest web3 game platform, Wemix Play, along with Golden Sponsors Quranium, Batching.ai, CYRUS, and Amnis, and Silver Sponsors Burrito Wallet, tetherMax, UNICE, WEMIX, and Kroma. tetherMax serves as a cashback platform connecting traders and exchanges, including the upcoming Gate.io (3Q, 2024), while UNICE is an AI healthcare messenger developed by doctors, leveraging AI, medical knowledge, and blockchain technology to provide access to top-tier healthcare services globally. Kroma leads Asia's Layer 2 with a gamified Web3 experience on Superchain, as the first OP Stack rollup with a fault-proof system powered by ZK technology. Wemix is among the leading gaming-focused blockchains and recently conducted a mass burn of its reserves to further decentralization. Burritowallet is a Web3 wallet and marketing powerhouse that is exceptionally user-friendly and efficient.Their generous contributions and steadfast support made Lead Asia Demo Day possible.

Lead Asia Demo Day was a resounding success in fostering connections among Korean Web3 industry leaders and the community. "It was an absolute pleasure to be a part of this well-curated event by Gate.io. South Korea is a crucial market focus for Quranium, and Gate.io's leadership in advancing Web3 initiatives in Asia will contribute significantly to building a strong ecosystem. We eagerly anticipate closer collaboration," remarked Benjamin Shin, Chief Business Officer at Quranium. Gate.io is dedicated to continuing to support innovative developments and projects in the crypto and blockchain space as the internet continues its transition from Web 2 to Web 3.

### Disclaimer:
This event is for professional knowledge sharing and networking purposes only. The content herein does not constitute any offer, solicitation, or recommendation of any products or services. Please note that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

Author: Global Marketing John
This article represents only the views of the researcher and does not constitute any investment suggestions.
Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.

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