SFT Protocol’s Hong Kong Trip
The Hong Kong Web3 Festival concluded on April 16th. As members of the SFT Protocol team prepare to return from Hong Kong, we would like to share with you a summary of the highlights from our trip!
SFT Protocol and Filecoin
At the invitation of our partner, SFT Protocol’s CMO Joey Sato attended the grand Web3 carnival event. One objective of SFT Protocol’s trip was to engage in face-to-face communication with Filecoin. As a Web3 infrastructure company, we accelerate the development of artificial intelligence through LSD, AI data storage, privacy computing, optimization algorithms, and collaboration with global research institutions.
Filecoin is the first public chain we have chosen. At this conference, we engaged in in-depth discussions on the construction and development direction of the Filecoin ecosystem, with the goal of moving forward in coordination to jointly build Web3. Joey Sato also presented the opportunities and challenges of SFT Protocol to Web3 Builders from around the world.
SFT Protocol and AI
According to the event organizers’ posters, the ultimate goal of the SFT Protocol is to empower AI and create a technologically advanced future. Since its launch in 2022, the project has been working towards this goal by providing the LSD protocol for public chains with storage at their core. This includes building a collection of hardware such as storage, computing, DC data sets, and RPC services to empower AI:
Facilitating Data Sharing and Collaboration — Within its decentralized ecosystem, the SFT Protocol enables data sharing and collaboration, promoting the development of advanced AI models and the exchange of valuable insights.
Encouraging AI Adoption in DeFi — As the SFT Protocol grows, it can incorporate AI-powered tools and services within its ecosystem, enhancing user experience, optimizing trading strategies, and improving risk management.
Providing Decentralized Storage Solutions — By integrating with the Filecoin storage network, the SFT Protocol offers secure, reliable, and efficient decentralized storage solutions for AI.
Incentivizing AI Research and Development — The governance model of the SFT Protocol, utilizing the SPD token, allows users to participate in platform governance and enjoy additional benefits.
SFT Protocol’s After Party
At SFT Protocol’s After Party, Joey Sato shared his insights on the current development trends of Web3 with many industry leaders. In recent years, Layer 2 has continued to evolve, and each Proof-of-Stake (PoS) chain has generated a massive demand for liquidity. This demand has been further fueled by the competition between Microsoft and Google in the Artificial Intelligence and Gaming Computing (AIGC) industry, sparked by OpenAI.
Joey Sato believes that we are on the brink of a significant explosion in demand. As a Web3 and AI service provider, SFT Protocol is well-positioned to serve as a conduit for this demand release, with enormous potential.
Welcome everyone to join forces with SFT Protocol to build a better Web3 world.
