Dubai, the vibrant metropolis known for its dynamism and innovation, played host to the much-anticipated TOKEN2049 event on April 18th and 19th, 2024. Drawing an impressive crowd of over 10,000 attendees from across the globe, the event served as a nexus for industry leaders, investors, and blockchain enthusiasts alike. Amidst this bustling backdrop, aelf stood out with its active participation, leaving a mark across 5 different events throughout the week. Let’s do a quick recap of what went down and each event!

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1. Dubai Web3 Gaming Grand Party

At the Dubai Web3 Gaming Grand Party, Hazel, aelf’s Head of Investments, joined industry giants Arron Goolsbey of Mythical Games and Michael Lee of zkSync to discuss the resurgence of Web3 gaming in the panel “Explaining the Renaissance of Web3 Gaming: Crafting the Games the Industry Craves.” With expertise and enthusiasm, they explored the integration of blockchain technology, decentralized finance (DeFi) gamification, and user engagement strategies necessary for crafting games that resonate with evolving industry demands. Through lively exchanges and insightful anecdotes, they ignited inspiration and optimism among attendees, highlighting the boundless potential of Web3 gaming to shape the future of the gaming landscape.

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2. Decentralized Web3 Investment Conclave (DWIC)

Mackenzie Chng, Investments Manager at aelf, contributed insights to the panel discussion on “Where Web3 Investors Should Focus Their Attention” at the Decentralized Web3 Investment Conclave (DWIC). Alongside esteemed counterparts from Caerus Ventures, Leo Ventures and Simsy Ventures, Mackenzie skillfully navigated the complex and rapidly evolving landscape of Web3 investments. Drawing from his deep understanding of market trends, emerging technologies, and investment strategies, he provided attendees with valuable guidance and actionable insights to help them navigate the intricate world of Web3 investments.

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3. World Blockchain Summit

Amidst the dynamic atmosphere of the World Blockchain Summit, brimming with innovative concepts and entrepreneurial fervor, Hazel stepped into a pivotal role as a judge at the Startup World Cup during Demo Day, showcasing aelf’s unwavering dedication to nurturing innovation within the blockchain startup ecosystem. Hazel brought a depth of insight that enriched the event, providing participating startups with invaluable feedback and discerning evaluations highlighting standout projects and inspiring budding entrepreneurs in the blockchain space.

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4. Global Blockchain Congress

Hazel returned to the spotlight as a panellist for “How to Fund-Raise for Crypto Projects?” at the Global Blockchain Congress. Joined by Web3 industry Investment luminaries Tess Hau, Juliet Su, and Mona Tiesler, Through engaging discourse and shared wisdom, Hazel and her esteemed co-panellists illuminated the path forward, inspiring attendees to seize opportunities and unlock their projects’ full potential in the dynamic world of crypto fundraising.

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5. Crypto Ark @ Bybit Web3

At Bybit Web3’s Crypto Ark event, Stephanie, Investments Manager at aelf, lent her expertise to the enlightening discussion on “Bitcoin Halving: Impact on Today’s Market.” Through thoughtful analysis and informed discourse, the panel provided attendees with a comprehensive understanding of the multifaceted impacts of Bitcoin halving, empowering them to navigate the evolving crypto market with clarity and confidence.

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aelf Makes a Splash at the TOKEN2049 Week in Dubai

In each speaking arrangement, aelf showcased its dedication to advancing the blockchain industry, particularly in the realms of Web3, investment, and AI innovation. While TOKEN2049 attendees were overwhelmed by the unexpected flood of rain, aelf took the opportunity to make a splash during the Dubai TOKEN2049 Week, demonstrating our commitment that knows no bounds, even in the face of adversity.

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‍*Disclaimer: The information provided on this blog does not constitute investment advice, financial advice, trading advice, or any other form of professional advice. Aelf makes no guarantees or warranties about the accuracy, completeness, or timeliness of the information on this blog. You should not make any investment decisions based solely on the information provided on this blog. You should always consult with a qualified financial or legal advisor before making any investment decisions.

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About aelf

aelf, the pioneer Layer 1 blockchain, features modular systems, parallel processing, cloud-native architecture, and multi-sidechain technology for unlimited scalability. Founded in 2017 with its global hub based in Singapore, aelf is the first in the industry to lead Asia in evolving blockchain with state-of-the-art AI integration, transforming blockchain into a smarter and self-evolving ecosystem.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its Layer 1 blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3, blockchain and the adoption of AI technology.

Find out more about aelf and stay connected with our community:
Website | X | Telegram | Discord

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Tool/Platform	What's it about
ChainGPT	An AI-powered assistant for the blockchain and crypto industry, specializing in content creation, language translation, smart contract coding, and more.
aelf	A high-performance, customisable multi-chain blockchain framework with AI-powered smart contracts and a developer-friendly environment.
Quick Intel	An AI-powered crypto security platform that helps investors avoid scams, rug pulls, and honeypots by analysing smart contracts, social sentiment, and on-chain data.
Cogwise AI News Aggregator	An AI-powered news aggregator that analyses real-time news and global trends to predict market movements in the crypto market.
OpenAI Codex	An AI system that transforms natural language into code, automating code creation for smart contracts, blockchain applications, and other development tasks.
QnA3	An AI-powered Web3 knowledge hub that provides real-time information and insights on cryptocurrencies, blockchain projects, and the broader Web3 ecosystem, with unique Solana Actions integrations.
Fetch.ai	A platform that combines AI and blockchain to create autonomous economic agents (AEAs) for various applications, including supply chain optimisation and smart city management.
Octavia	A decentralised digital identity (DID) platform for creating and managing self-sovereign digital identities, empowering users to control their data and online presence.
TensorFlow	A versatile open-source machine learning framework used for building AI models that can analyse blockchain data, enhance security, and predict market trends.
Alethea	A platform that creates 'Intelligent NFTs' (iNFTs) with unique personalities and the ability to engage in conversations, powered by AI and blockchain technology.

Chain	URL	Explorer
AELF	https://aelf-test-node.aelf.io/	https://explorer-test.aelf.io/
tDVW	https://tdvw-test-node.aelf.io/	https://explorer-test-side02.aelf.io/

Feature	Description
Inheritance	ERC-404 inherits from the interfaces IERC-404, IERC721 Receiver, and IERC165, implementing functions specified in these interfaces, behaving as both ERC20 and ERC721.
Data Structures	Mappings track balances, allowances, approvals, and ownership of tokens. Double-ended queue stores ERC721 token IDs. Data for managing ownership and indices of ERC721 tokens.
Constructor	Initialises token name, symbol, decimals, and other necessary variables for ERC20 and ERC721 tokens.
Token Minting and Burning	_mintERC20 function for minting ERC20 tokens. _retrieveOrMintERC721 function for minting ERC721 tokens and retrieving from a bank. _withdrawAndStoreERC721 function for depositing ERC721 tokens into the bank.
Transfers	Functions for transferring ERC20 and ERC271 tokens between addresses. Distinguishes between token types based on ID. _transferERC20WithERC721 function handles transfers involving both types.
ERC20 and ERC721 Interactions	Approve function handles approvals for both token types. Functions like transferFrom, safeTransferFrom, and permit handle transfers and approvals.
EIP-2612 Support	Supports EIP-2612 permit functionality for ERC20 tokens.
Interface Compatibility	Implements necessary functions for ERC-404 and ERC165 interfaces, indicating compatibility with ERC20 and ERC721 standards.

Role	Max Number
BP	2N+1, N starts from 8 in 2022
Candidate node	5*(2N+1)
Voter	No limit

Benefits	Description
Makes smart contracts 'smarter'	AI-driven smart contracts can autonomously modify terms based on predefined conditions and real-time data input, ensuring that the contracts are not just automated but also intelligent and self-improving over time.
Levelled up data analysis	Data is the new oil, and AI is the machinery that refines it. It is possible for AI to reduce large-volume blockchain data analysis time by up to 90%.
Boosts security	Through machine learning models, AI can prevent frauds and detect security threats in real time. It can identify potential breaches, predict future threats, and adapt to evolving security measures.
Lowers carbon footprint	AI algorithms help optimise energy consumption in blockchain operations, given the flak drawn by activities like Bitcoin mining.

Recap: aelf in Dubai 2024