NFT Expoverse Recap 2: BNB Chain Focus

Although the crypto market has gone through some bearish moments, popular belief in the potential of NFTs seems unaffected.

Excerpt from the first NFT Expovere

One of the world’s largest advocacy events for the adoption of Non-Fungible Tokens (NFTs), the NFT Expoverse, took place in Los Angeles from 29-31 July. The event was attended by several leading NFT protocols, technical experts and investors. It also featured exhibits and presentations on the roles NFTs, Web3, blockchain, etc. would play in redefining the reality of the future.

At BSC News, we don’t let such opportunities slip through our fingers! Our intrepid Content Director Kyle Heise was at the event and brought back some sights and sounds. His presence on the program also gave him a good opportunity for impromptu interviews with some key players in the BNB chain’s NFT space.

Proof that the future is already here with us was on full display when the event was broadcast live on the metaverse via a cooperation with Decentraland and RLTY.

Heise spoke to some of the attendees, who were impressed by how many people turned up at the conference. According to Moonshot, the co-founder of Lunar, the fervor shown by the numbers that flooded the event makes him feel very bullish about the NFT industry:

“The crowd was strong. Right now we’re in a bear market; you would expect turnout to be down a little bit. But we were pleasantly surprised by what we saw and what we experienced. These 1,000s and 1,000s are all here in a the bear market, which means they’re interested. The big crypto community coming together, in my opinion, is nice, and it feels good to be a part of it,” he said.

Moonshot took a moment to talk about the Lunar Project:

“Every DeFi user experiences the headache of dealing with multiple platforms and multiple wallets when transacting from chain to chain. For example, going from Token A on the Ethereum Blockchain to Token B on the BNB Chain can take 5 to 7 transactions. So we makes things seamless for users, allowing them to move any asset from any blockchain to any other asset on any other blockchain in a single transaction.”

Moonshot went further and teased an upcoming Lunar integration:

“We launched on BNB Chain in November 2021 with a pre-sale of 1000 BNB and have grown at a very good speed. We will soon release our contract on Ethereum blockchain as well. We will create a bridge between Ethereum and BNB Chain, and in the future, to other blockchains,” he added.

BSC News Director of Content Kyle Heise’s T-shirt is not provides financial advice. Source: CryptoQuile.

We also met Steve, who works for Universal NFTs – an upcoming Web3 crypto project. He said he remains optimistic about NFTs and crypto despite the recent market crash. He confirmed that any commercial human interaction is contract-based, and wondered if there are any limits to the potential use cases of smart contracts or, by extension, NFTs.

Philip Devine, who is the CEO of both Riveted Games and CryptoBlades, one of BNB Chain’s premier PlaytoEarn GameFi protocols, had a chat with us as well. For him, the NFT Expoverse provided a good opportunity to network one-on-one with a good mix of stakeholders:

“As the first NFT Expoverse, I think they knocked it out of the park by bringing in a really good variety of different NFT projects, whether it’s gaming or Virtual Reality, or Collectibles or Utility or Infrastructure. It’s just been a good time to be able to meet other project owners and investors and be able to talk to people and network. You know, you put this face to the name. Being able to meet everyone in person has been instrumental in building some deeper connections,” said Devine .

CryptoBlades CEO was part of a panel discussion that talked about PlaytoEarn sustainability, tokenomics, Web3, etc. Click HERE to view the event’s showbook.

The NFT Expoverse featured panel discussions as well as exhibits. Source: CryptoQuile

As we move into the future, it’s exciting to imagine how Web3, NFTs, and crypto in general could change the world from how we know it today. The next NFT Expoverse event is scheduled for 2.-4. March 2023 in Miami, Florida.

A good takeaway from this year’s event in LA is that there is a growing awareness that NFTs and Web3 are sure to be an integral future part of human existence.

The current bearish market in the crypto space has done very little to dampen the optimism of crypto enthusiasts.

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