The rain keeps falling over Dubai, and some of the footage coming out of the airport is startling — it looks closer to a lake than a runway. So far, 11cm of rain has fallen in just 48 hours — more than the city’s yearly average!
While it’s different from the type of liquidity discussed in DeFi circles, the Spool team remains undeterred and is making the most of the experience. Day 2 of Dubai Blockchain Week was packed with events and keynote speakers from around the world.
Intersections with Blockchain
The Global Blockchain Show and Web3 Summit took center stage today, bringing together industry leaders and innovators to discuss the latest developments and challenges in the blockchain space.
One of the standout panels at the Global Blockchain Show touched on the intersection of blockchain and AI. Moderated by Maria Vovchok, the discussion features notable speakers such as Sophia, the humanoid robot from Hanson Robotics, and representatives from various blockchain and AI projects.
Meanwhile, the Web3 Summit featured a thought-provoking discussion on “Tokenizing the Real World: A Viable Future?” The panel brought together professionals from diverse backgrounds, including blockchain, real estate, legal, and finance, to examine the feasibility and implications of tokenizing real-world assets, shedding light on the challenges and opportunities associated with bringing real-world assets onto the blockchain.
Traditional Finance Takes Note
While not present at Dubai Blockchain Week, the recent involvement of major financial players like Blackrock in moving assets on chain underscores something significant. There’s a growing acceptance and adoption of blockchain technology in the traditional finance world.
Blackrock’s recent allocation of $100 million to an Ethereum-based BUIDL fund signals a significant shift in the perception of digital assets and their potential for real-world applications.
As more institutional investors recognize blockchain technology’s value and staying power, the industry is poised for significant growth and mainstream adoption. The increased interest from traditional finance could lead to the development of new financial products and services built on blockchain infrastructure, ultimately benefiting the industry and consumers.
More Action On The Way!
Day 2 of Dubai Blockchain Week is officially behind us. The focus on blockchain’s rise as an industry-shaping technology of the future was refreshing validation!
There’s even more to come on Day 3 with:
- Web3 Summit Day 2
- Blockchain Life Final Day
- Global Blockchain Show Final Day and Afterparty
- Token2049 officially has its soft start with the Speaker’s Reception
We’ll be sharing updates on X about all the exciting happenings. Fingers crossed for sunny days ahead. If not, we may be sending the updates from a canoe.
Spool: Unlocking DeFi’s Potential on Ethereum
Spool is at the forefront of driving innovation and DeFi accessibility. By providing the tools and infrastructure needed to build efficient and user-friendly DeFi applications, Spool is helping shape the future of decentralized finance.
Anyone can easily create custom yield generation strategies tailored to their risk appetites using Spool, all while dramatically reducing the cost of executing complex strategies. This ease of use makes it possible for anyone to use DeFi on Ethereum without breaking the bank.
Meet us in Dubai and connect to learn more about how Spool is redefining turnkey DeFi and discover how Spool can help supercharge your portfolio’s yield generation.
See you tomorrow! 👋
Spool.fi is a permissionless DeFi platform that connects Capital Aggregators with DeFi Yield Generators. Funds are dynamically and efficiently allocated to ensure optimized yields, for custom strategies, managed by DAO-curated Risk Models.
Spool was established as a DAO, with a selection of founding contributors representing a diverse cross-section of the blockchain community.
