Understanding the Latest Developments of OKX: Facilitating the Integration of Web3 and the Real World
Recently, the leading Web3 technology company in the world has been committed to promoting the integration of Web3 and the real world. They have collaborated with the Finance, Investment, and Industry Research Society of the National Chengchi University and the Innovation Ecosystem.
On March 30th, OKX Ambassador Tommy, along with representatives from Dynamic Zone, ZONE Wallet, and DA Alliance, shared his professional career and experiences in the Web3 industry with members of the Finance, Investment, and Industry Research Society.
The Finance, Investment, and Industry Research Society is an emerging academic organization at the National Chengchi University. It is dedicated to promoting investment and financial knowledge, as well as the culture of industry research. Through solid curriculum training and practical project exercises, the society aims to help students establish their career development direction and enhance their competitiveness during their university years.
As the OKX Ambassador, Tommy introduced the products and business layout of OKX in detail while sharing his experiences. Regarding the exchange products, Tommy believes that consensus is achieved through trading. He introduced, “OKX has up to fourteen strategy tools, which are the SOPs of trading. It is easy for beginners to get started, such as the grid strategy, which can automatically buy low and sell high. It is a more relaxed operation for beginners with limited time. The trading signals of OKX are tested by professional traders for at least two to three months, and they have a high feasibility.”
In terms of Web3 wallet products, he believes that OKX Web3 Wallet is currently the most convenient entry-level product for Web3, which can help users easily experience various chain tracks. In addition, the built-in Cryptopedia section integrates emerging protocols, allowing users to understand and learn about different chains through tasks. Users also have the opportunity to receive early airdrop rewards from these protocols.
Finally, he shared that as an ambassador, while managing the community and assisting users in answering questions, he also participated in various online AMA and offline activities. Through these activities, he learned how to use basic products such as exchanges and wallets, and quickly gained knowledge about the cryptocurrency industry.
In addition, Dog Brother from the DA Traders Alliance also explained how to navigate the world on the blockchain at the event. He admitted that all blockchain data is public and has not been integrated by big data. Therefore, analysis tools can be used to process and filter the data, turning it into helpful secondary information. “Understanding blockchain doesn’t require a large amount of capital. There are many opportunities to make small investments and conduct operations. We can filter out whale addresses and analyze their strategies to form information that can be used as trading references. With the help of tracking and analysis tools, we can observe various indicators of on-chain activities from a macro perspective and find opportunities for our investment choices,” added Dog Brother.
After the event, the Finance, Investment, and Industry Research Society received unanimous praise. The event provided a platform for new students to understand and learn the introductory knowledge of the Web3 industry, and it left a positive impression of the OKX brand on the participants.
On March 28th, OKX Web3 sponsored the offline event of the Unicorns Club at the 11th floor of the Sanlitun SOHO Office Building. Tony, the Regional Brand Director of OKX Web3, Kyrie, the Business Development Manager of Typus Finance, Professor Wen Minghui from the National Taipei University of Commerce, Xu Yuanyin, the Web3 Team Product Manager of the largest financial institution in Taiwan, and Liu Yulun, the Product Manager of the H&A QUANT Business Department, five well-known speakers in the industry, shared their experiences and insights on the market strategy of blockchain finance, combining their own entrepreneurial experiences. The event attracted professionals and blockchain enthusiasts from different fields.
Tony, the Regional Brand Director of OKX Web3, introduced the brand positioning and market strategy of OKX as a leading global digital currency exchange and Web3 platform. He mentioned that OKX provides diversified services including spot trading, derivatives trading, and financial products. They have launched the Web3 Wallet, which supports 80+ public chains and has built the XLayer and OKTC public chains, providing a one-stop Web3 experience. OKX actively invests in the innovation and development of the Web3 field, aiming to build a transparent and better digital asset ecosystem. Tony also emphasized OKX’s leading position in technological innovation, such as the establishment of a unified trading account and continuous exploration in DeFi, metaverse, GameFi, and other fields. Through these efforts, they hope to promote the popularization of blockchain technology and the global application of digital assets.
Kyrie, the Business Development Manager of Typus Finance, focused on the innovation and practice of derivative financial products in the decentralized finance (DeFi) field. She mentioned that in the DeFi ecosystem, including decentralized exchanges (DEX), lending protocols, token issuance (IDO), and derivative trading, DEX provides liquidity through automated market maker (AMM) models, which brings volatility risks. However, through options strategies, these risks can be effectively hedged, thereby increasing the willingness of liquidity providers. In terms of lending protocols, options can also be used to reduce liquidation risks caused by insufficient liquidity. Kyrie believes that one of the advantages of options trading is its ability to provide high leverage without forced liquidation, making it suitable for retail investors to engage in speculative trading. With the rapid growth of the cryptocurrency derivatives market and the significant increase in options trading volume, Typus is seizing this trend and is committed to providing innovative financial products to further develop the entire DeFi field.
Professor Wen Minghui from the National Taipei University of Commerce analyzed the development of Web3 in token economics, product-market fit, and technological applications from both an academic and practical perspective. He pointed out that when implementing Web3 product innovation, three key factors need to be considered: technology-driven, token economics-driven, and user experience-driven. Professor Wen delved into the important concepts of digital human engineering, including Proof-of-Personhood, Proof-of-Reputation, and Proof-of-Human-Value, emphasizing how to accurately map multiple dimensions of human identity in the digital world. He also introduced the upcoming project, 0xer, which demonstrates the innovative use of Soulbound NFTs on the entire blockchain to encode human attributes and transform these attributes into DNA Soulbound Tokens. This not only represents a people-centered digital transformation but also opens up diverse application scenarios such as Web3 airdrops, advertising market marketing, and AI.
Xu Yuanyin Jenny, the Web3 Team Product Manager of the largest financial institution in Taiwan, shared several case studies of blockchain technology applications in the financial industry, from digital asset management and custody to the development prospects of security tokens (STO). She emphasized how blockchain technology is driving the evolution of FinTech from Fintech 1.0 to Fintech 3.0, providing new business opportunities and challenges for traditional financial institutions. She shared application cases of blockchain technology in the financial industry, including the Global Trade Shared Blockchain and Property Insurance Alliance Blockchain, which demonstrate how blockchain technology solves problems in financial services. The next goal is to enhance the security and convenience of financial services through decentralized identity (DID) technology. Jenny also pointed out the potential and challenges of tokenizing real-world assets (RWA). Looking ahead, blockchain technology will further enhance the transparency, efficiency, and accessibility of financial services.
Liu Yulun, the Product Manager of the H&A QUANT Business Department, delved into the application and strategies of quantitative trading in the cryptocurrency market. He shared methods of automating the trading process using mathematical models and big data analysis and achieving profit goals through high-frequency trading systems, hedging, and arbitrage strategies. Yulun stated that the source of profit should not have too strong positive correlation with the coin price to reduce the impact of market volatility on investment returns. He also emphasized the importance of risk control in quantitative trading and demonstrated the effectiveness of systematic strategies through actual performance.
In fact, as a leading Web3 technology company in the world, OKX firmly adheres to its original intention of promoting the integration of Web3 and the real world. On the one hand, they popularize industry information among campus communities, providing students with employment choices and conveying the warmth of the OKX brand. At the same time, they deepen their collaboration with the local startup ecosystem, linking innovators within and outside the industry, actively promoting the integration of Web3 with other fields, and further promoting the vigorous development of Web3 technology in Taiwan.
