Visionaries, luminaries, advocates and thought leaders in the centralized (Web 2.0) and decentralized (Web 3.0) space are gathered Singapore on November 1, 2022 Sharing insights on what Web 5.0 is and how stakeholders can prepare for it.
SINGAPORE, September 20, 2022 /PRNewswire/ — Metaverse blockchain company Coinllectibles™️, a wholly owned subsidiary of Cosmos Group Holdings Inc. (OTC: COSG), is pleased to announce that it will host the region’s first Web 5.0 conference in 2019 Singapore at the Grand Copthorne Waterfront Hotel November 1, 2022.
What is the Web 5.0 conference about?
Evolving how we deal with centralized and decentralized platforms through the evolution of the internet will be a crucial area in the evolution of the metaverse. Coinllectibles, as a metaverse company, defines Web 5.0 as the seamless interoperability between centralized (Web 2.0) and decentralized (Web 3.0) apps and platforms with the main purpose of achieving the ideal balance between user experience, control and ownership. Coinllectibles aims to bring thought leaders together to address the key issues and help shape this new Web 5.0 ecosystem.
Julian So, Vice-Chairman of Coinllectibles, states: “We don’t claim to have all the answers. I also don’t think anyone can say definitively what Web 5.0 is at the moment. However, one thing is certain – in a rapidly evolving field like technology, collaboration is key. That’s why we think it’s important for industry players to start sharing ideas and sparking a broader Web 5.0 discussion.”
“The Web 5.0 Conference is also positioned as a more holistic conference focusing on 4 key themes, namely (1) Innovation, (2) Technology and Security, (3) Law and Regulations, and (4) Investment and Applications. Based on Our observation “A more interdisciplinary approach should be taken when looking at Web 5.0 development, as opposed to Web 1.0 or Web 2.0 – which are mainly technology-focused. Therefore, this perspective has informed our composition of the event,” he added Julian.
Highlights of the Web 5.0 conference
The Web 5.0 conference is designed to bring together thought leaders, entrepreneurs, advocates, legal experts, investors and industry insiders to create a unique in-person event, with many sessions made available to an online audience. The conference will cover important technical topics and offer a lot of fun and surprises.
thThere will be multiple thought leaders in the fields of law, technology, intellectual property and media from around the world, as well as a number of leading personalities Singapore resident companies. The founder and chairman of Coinllectibles, Dr Herbert Leewill also be at the event to greet the participants.
In addition to the speakers and topics, event highlights will include the world premiere of an exclusive trailer for a crime television series produced by the award-winning Phoenix Waters Productions. There will also be an exhibition displaying art and collectibles from NFTs. These physical items have an NFT that serves as a form of Digital Ownership Tokens (DOTs), allowing collectors to buy and sell physical collectibles through third-party NFT platforms.
Regarding the art and collectors exhibition, Terry LeeHead of Art for Coinllectibles, said: “As Head of Art for Coinllectibles, I see NFTs bringing great value to the collectors market that blockchain technology can solve. We have implemented this technology with collectors, galleries and auction houses over the last year. I see this as a real-world use case for blockchain technology and look forward to demonstrating that blockchain can be used to support real-world advances in art markets.”
Why is Coinllectibles organizing the conference in Singapore?
Since its launch in Sep 2021Coinllectibles has in regions like United Kingdom and The United States. Coinllectibles has also participated in numerous technology fairs and organized outreach events in Hong Kong. However, this is the first time she organizes such a conference Singapore.
Comment on why Coinllectibles decided to host the Web 5.0 conference in Singapore, Joshua ChuCoinllectibles Chief Risk Officer said: “Singapore is recognized as an innovative technology hub with excellent legal and technical infrastructure and a logical basis for expanding our footprint Singapore Government makes regarding intellectual property right as well as protection. As a company, we believe the next innovation in this area of intellectual property will come in the form of the adoption of blockchain.”
“We see most of the world reopening after the Covid-19 shutdown Singapore as an excellent B2B hub. That’s because, ultimately, we’re a technology company looking to partner with businesses on the application of blockchain technology – and there’s no better place to do that Singapore.”
The Coinllectibles Web 5.0 Conference is a free event. As seating is limited for certain conference sessions, attendees must register to gain access to the event. To register your participation, please visit www.coinllectibles.art/Web5Conference.
Further information on the main highlights of the Web 5.0 Conference 2022 can be found in the attachment below.
Web 5.0 Conference 2022
November 1, 2022
Grand Copthorne waterfront
392 Havelock Street,
9 am – 22 O `clock
This press release contains forward-looking statements. All statements, other than statements of historical fact, are forward-looking statements, often identified by words such as “anticipate,” “believe,” “may,” “estimate,” “expect,” “goal,” “intend,” “will.” look forward to”, “may”, “plan”, “potential”, “predict”, “project”, “should”, “will”, “would” and similar expressions. These forward-looking statements may include, but are not limited to, statements about future business activities, including expansion into the distributed finance space. These forward-looking statements are not promises or guarantees and involve significant risks and uncertainties. Factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with the operation of a business in Singapore and Hong Kongthe risk of interference by the PRC government, competitiveness, insufficient financial resources for as long as anticipated and COSG being a holding company that may not realize the anticipated benefits of those offered by DOT Coinlectibles™️. A further list and description of these risks, uncertainties and other risks can be found in COSG’s regulatory filings with the Securities and Exchange Commission, including its most recent report on Form 8-K filed at September 17, 2021. Existing and potential investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. COSG undertakes no obligation to update or revise any information contained in this press release, whether as a result of new information, future events or circumstances, or otherwise.
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About Cosmos Group Holdings Inc
Cosmos is a group of companies operating through two business segments:
- art and collectibles
Through CoinlectiblesTMThe group provides authentication, valuation and certification (AVC), sale and purchase, lease-purchase, financing, custody, security and display (CSE) services to art buyers through traditional channels as well as by leveraging blockchain technology through the creation of Digital Property Tokens (DOTs ).
With affiliates licensed under Hong Kong Money Lenders Ordinance, the group currently provides primarily unsecured personal loans to individuals with a small portfolio of mortgage loans. The group integrates the two business segments by providing secured financing services to prospective buyers of art and collectibles to enable a one-stop shopping and financing of art and collectibles.
About the company – Coinllectibles™️
Coinllectibles™️ is a technology company that supports the collectors industry with a focus on rare memorabilia and works of art that exist in the real world and have intrinsic value, whether tangible or intangible.
Coinllectibles™️ applies blockchain, marketplace, metaverse and DOT technologies as tools to disrupt and enhance the real world collectibles industry. The technology underlying DOTs (Digital Ownership Tokens) has multiple functional use cases that Coinllectibles™️ apply to areas such as art, sports, watches, numismatics, limited edition toys, limited edition fashion apparel, and sneakers. DOTs have the power to transform our societies, and some areas may be subject to regulation. Coinllectibles™️ uses DOT technology solely to provide a legally binding Digital Property Token (DOT) to a tangible or intangible collectible.
About collectibles™️ Fusion DOT
Coinllectibles™️ prides itself on the Fusion DOT as the industry “gold standard”. Being a gold standard, a Fusion DOT contains the following on Arweave – (1) a contract of sale reflecting the purchase of the underlying asset by the person coining the Fusion DOT™️ at fair value, with all rights and restrictions are clearly listed, (2) security deposit terms governing ownership rights while the underlying asset remains with Coinllectibles™️, (3) a deed of transfer evidencing the transfer of ownership of the underlying asset (along with all rights and restrictions). the transferor to the holder of the Fusion DOT™️, (4) title deed written in the description of the Fusion DOT™️, and (5) the unique identification file of the underlying asset whose ownership is reflected in the title deed represented by the Fusion DOT™️ is.
SOURCE Cosmos Group Holdings Inc.