Locus Chain and Creta Unveil Strategic Vision at High-Profile New York Event

In a significant development for the blockchain and Web3 gaming industries, Locus Chain and Creta unveiled their strategic vision at a high-profile event in New York City on September 25, 2024. The gathering, hosted by Lloyds Capital, brought together prominent global entrepreneurs, financiers, and industry leaders to explore the potential of Locus Chain's blockchain technology and Creta's Web3 gaming ecosystem.

Mike Pompeo, Chairman of Lloyds Capital, expressed strong optimism about the global business prospects of a strategic partnership with Locus Chain and Creta. The event attracted notable figures including SK Senior Executive Vice President Sang-kyu Kang, Naver Co-founder Hyuk-il Kwon, and Raymond James COO Michael Tormey.

Locus Chain proposed an innovative platform to manage foundational and generative data, addressing concerns about AI safety and creating a new data ecosystem. This approach could potentially mitigate risks associated with AI technology while fostering a more advanced ecosystem. Dr. Young-bae Moon, Vice President of Bloom Technology, emphasized the critical need for high-performance blockchains like Locus Chain in the rapidly evolving AI industry.

Creta, a Web3 game platform being developed on Locus Chain, presented its vision for a next-generation community model and content development ecosystem. Thomas Vu, former Executive Producer of League of Legends and newly appointed Chief Innovative Officer of Creta, introduced the concept of a multiverse and superclub that transcends existing community limitations. Ray Nakazato, Creta's Chief Creative Officer, shared plans to leverage AI technology to simplify content development and reduce server costs through Locus Chain technology.

The event also saw the announcement of a $1 billion Creta ecosystem fund, established in partnership with Lloyds Capital and Thomas Vu's Initiative. This substantial investment signals a strong commitment to driving global business development in the blockchain and Web3 gaming sectors.

Republic, a major U.S. Web3 venture capital firm, expressed its intention to collaboratively build a Web3 ecosystem with Locus Chain and Creta. Additionally, India's Bankai Group shared plans to create the largest gaming platform in India using these technologies.

The presentations and partnerships unveiled at this event highlight the potential for blockchain and Web3 technologies to address challenges in AI data management, gaming, and content creation. As these innovations continue to develop, they could significantly impact various industries and reshape digital ecosystems globally.