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Overview of the World Blockchain summit in Dubai

Published Oct 27, 2022 04:36
Last update May 12, 2023 12:57

Fenomy System was presented at the summit in a couple of different ways:

  • we had our own booth in the main pavilion, where it was easy to talk to visitors and participants and answer questions.
  • We took part in the pitch competition in the main conference hall of the Atlantis hotel, where our presentation was heard by hundreds of people.
  • attended the after party where we continued networking in a more informal setting.

During the summit, we had more than 100 interesting encounters and conversations, many of which are ongoing. The main topic of most of these conversations was partnerships, investments, industry-specific solutions and integration.

On a greater scale, most of the people we talked to were rarely interested in tokens, market caps and other crypto related topics. People were more interested in the project itself, its perceptive and the special features of our system as well as the possibility of partnerships and mutual development.

Even though the summit lasted only 3 days, it didn’t end for our team because we had meetings after it had finished. These meetings were important for the project. Although we cannot disclose the nature of these meetings, they could be significant eventually for the project, and we will share more as soon as we can.

More than 50 organizations and projects were represented at the summit, those who had seats in the exhibition pavilion and numerous of those who were ordinary guests. Almost all the presented projects had their own ready-made solutions, interesting concepts, background.

The trend for NFTs is still strong. They were widely presented and piqued visitors’ interests. There were also metaverse-based projects, game projects and aggregators.

It is worth noting that blockchain projects with solutions for real life were very well represented, including in the field of security. They will obviously become a future trend, which was noted by many participants with whom we spoke.

Among the participants there were also many representatives of investment organizations and private investors who carefully studied interesting projects for investment. The project that we presented also gained a fair bit of attention.

It is also worth noting that the summit was held under the patronage of SHEIKH JUMA AHMED JUMA AL MAKTOUM, which determined a great interest of the UAE state structures, whose representatives were present at the summit.

Summit results

It is too early to sum up the results as a whole, even though the summit is already over, but a lot of work on follow-ups after the summit is just beginning. We can say with careful optimism that our team is very pleased with the summit, all the tasks set were completed and, moreover, we think there will be positive news soon, which will certainly please our friends and partners.

Other important news

Our website underwent a redesign. We also updated the white paper, the mobile app and the telegram bot. Soon we will once again update our system. The update will include Chinese and Arabic languages in our web app. Also, we will have a form for working with algorithmic NFTs, etc. In addition, other work is underway that is directly related to improving management, increasing the sustainability of development, and developing relations with partners.

Fenomy Team reserves the right, at its discretion, to change, modify, or remove portions of the announcements at any time by posting the amended version on the website.

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