Get the scoop on finance - sign up for mobile alerts
Industry Announcements
| On
May 31, 2022

Everscale Speaks at The Capital by CoinMarketCap

By Press Release

May 30, 2022


Everscale, one of the most scalable blockchain networks in existence, was a gold sponsor for The Capital 2022 – an important global online event for the whole blockchain industry. Members of the network governance took an active part in the opening session on day one of the conference and joined the panel discussions on decentralized exchanges and the adoption of cryptocurrencies.

The Capital is a global conference organized by CoinMarketCap, the world’s most-referenced price-tracking website for cryptoassets.

The conference took place on May 26 and 27, 2022 in a dedicated metaverse space. It brought together representatives of the leading blockchain organizations to provide them with opportunities to network and discuss the hottest topics of today’s industry.

Day one of the conference kicked off with the opening session, where the key speakers – Rush of CoinMarketCap, Changpeng Zhao of Binance, Justin Sun of Tron and Nikita Inshakov of Everscale – welcomed the participants and shared their visions for blockchain and crypto product development in the context of how they are delivering real-life solutions now and how they will in the near future.

Nikita Inshakov, an initial member of Everscale, said,

“We believe that the only reason why we haven’t yet seen something like a real-time bidding system – such as Google Ads being implemented on a blockchain – is that the developers are uncertain that there is a technology powerful enough to handle the requirements for such a demanding application. That is why at Everscale we are working as hard as we can to provide the technology to bring the future closer and make the world more transparent, fair and secure.”

The conference continued with a series of active panel talks, fireside chats and virtual workshops, culminating on day two with an interesting discussion on the adoption of cryptocurrencies  including its drivers and barriers to a wider reach.

Michael Gord, CEO of GDA and an Everscale Foundation member, pointed out the importance of a quality user experience to increase the popularity of DApps at scale, and said,

”Just like the internet, we just need a nicer user interface for the masses.”

This highlights the importance of Everscale’s effort to bring the best-in-class development teams into its rapidly growing ecosystem through multiple hackathons and a popular grant program.

About Everscale

Everscale is one of the most technologically advanced blockchain networks, incorporating all of the blockchain innovations and concepts of recent years.

Its versatility gives it the potential to become a decentralized hub for lots of blockchains and resource-demanding applications such as GameFi, DeFi, micro-transactions, real-time bidding, etc.

Due to its dynamic multithreading and sharding technology, there’s always more room to add capacities to handle any load so that the network can scale almost infinitely that’s something that no other blockchain can offer.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements