Representative of ADAM American Community : Web3.0 will Usher in Rapid Development in the Next Decade
Consensus 2022 was held in Austin, Texas On June 10, 2022. As the first encrypted data computing network based on Web3.0, ADAM was invited to attend this conference and conducted a project roadshow. Representatives of ADAM American community discussed the future development of the industry with industry opinion leaders, well-known companies, and outstanding developers, and shared their own unique ideas and insights in this consensus conference.
Here are the wonderful speeches of representatives of ADAM American community and some guests:
Representatives of the ADAM American community pointed out that Web 3.0 will usher in rapid development in the next decade at the Consensus2022. ADAM focuses on the field of Web3.0 infrastructure, builds the first encrypted data computing network, gives full play to the value of data on the chain, connects the production, calculation, transmission, storage, use of data and other links, so as to guarantee every role involved in data circulation in the form of smart contracts, and benefits can be distributed according to the agreement.
ADAM believes that Web3.0 will set off a wave which far exceeds that of Web1.0 and 2.0. and in which there will be a group of rookies whose market value is much higher than that of Google, Facebook, Amazon, Tencent, Ali, Baidu and other Internet giants. These rookies may appear in front of the world in a new form of self-organization or ecosystem. ADAM expects that more and more friends will discover and step on the waves of Web3.0 and move forward hand in hand.
Chairman and CEO of Fidelity Investments, Abigail Johnson said: My faith in the long-term fundamentals of cryptocurrencies remains strong. And this is my third crypto winter. There’s a lot of ups and downs, but I think it’s an opportunity. When it comes to the bear market, Johnson said: I’ve been raised up as a contrarian, so I have the knee-jerk reaction. If you believe that a long-term fundamental is really strong, that’s the time to double down when everyone else is dropping and exiting.
Investment firms Grayscale and Bitwise believe that a spot bitcoin ETF will eventually be approved by the SEC soon. Matt Hougan, chief investment officer at Bitwise, said the SEC has approved a limited range market, a bitcoin futures ETF based on the Investment Act of 1940, and then recently approved two bitcoin futures ETFs based on the Investment Act of 1933, Spot Bitcoin Currency futures ETFs are also proposed under this Act. The global head of ETFs at Grayscale, David LaValle agreed that it was a question of passing not long ago, and now it’s clearly a question of when.
The managing partner of Dragonfly Capital, Haseeb Qureshi said that there are five unsolved problems for cryptocurrencies, namely identity, scalability, privacy, interoperability and user experience. According to Qureshi, almost all long-term successful crypto projects have solved one of these long-standing problems. His definition of “success” here has nothing to do with financial victories, but to refer to blockchain projects that are finding real use. Furthermore, Qureshi said that almost all successful crypto projects today were built in bear markets.
In addition, ADAM witnessed the establishment of Bermuda’s first licensed digital asset business trade association Next in this conference. Meanwhile, ADAM demonstrated and proved its contribution to the future development of the industry to the blockchain, crypto industry top institutions and the Web3.0 enthusiast community Value. What’s more, the development concept of ADAM has been highly praised by colleagues in the industry. It has also gained a group of new fans.
This Consensus 2022 is hosted by coindesk and co-organized by industry giants, aiming to discuss the opportunities and challenges that the blockchain industry is facing jointly, and how blockchain can be organically combined with big data, the Internet of Things, and artificial intelligence in the post-epidemic era. , to better serve the society and promote the transformation of the digital age. It is reported that participating institutions in Consensus 2022 include Binance, coindesk, Multicoin Capital, BitGO, polygon, SANDBOX, FTX, etc.
ADAM is a new generation of blockchain data service provider, with the function of batch data encrypted transmission, which can not only connect the world and the blockchain system, but also realize the barrier-free flow of ecological data information on chains such as ETH, BSC, OKexchain, and Solana. What’s more, ADAM has spawned powerful off-chain computing capabilities by building a global wide-area node network, enabling millisecond-level encrypted computing to realize real commercial-level “DataFi” applications, so that every role involved in data circulation can benefit from it. Different from Filecoin’s distributed storage network, ADAM aims to build the first data encrypted computing network in the Web3.0 era.