Token2049 Dubai held an exciting gathering of over 5,000 companies on April 18-19 at the iconic Madinat Jumeirah, showcasing the latest advancements in blockchain and cryptocurrency. One of the notable participants was Phemex, a global crypto derivatives exchange that actively engaged attendees with informative sessions and discussions throughout the two-day event.
To set the stage for Token2049, Phemex organized the Bulls & Bears pre-party at the SLS Hotel on April 17, despite the unexpected weather conditions. The evening started with a glamorous red carpet walk, followed by opening remarks from the founder of Phemex. The event featured various activities, including expert insights from prominent figures like Cointelegraph CEO Yana Prikhodchenko, who shared her perspective on the growing trends in crypto media. Additionally, a panel discussion led by well-known crypto pioneers delved into cutting-edge topics in the industry.
Stella Chan, the chief operating officer of Phemex and co-founder of Pulse, proudly introduced the holders of the Phemex BlackCard at the event. She also provided valuable insights into the innovative features of Pulse and the recently launched Phemex Lending Protocol. When asked about Pulse, the SocialFi platform launched in March, co-founder Stella Chan shared their plans: “Pulse shifts the paradigm from the tightly controlled and centralized framework of traditional social media to a user-empowered experience. It grants users the freedom to tailor their feeds and disseminate insights that are pertinent to the crypto community.”
At Token2049, Phemex had a booth where attendees could participate in exclusive interviews and establish connections with the Phemex team. This was a perfect opportunity for the Phemex team to connect with their valued community, fostering personal relationships and enriching the networking experience that embodies the spirit of the event. Phemex CEO Federico Variola delivered a keynote speech as part of Token2049, where he discussed the expanding role of crypto beyond trading. He highlighted its evolution into a complex social ecosystem and emphasized the development of an on-chain identity shaped by activities such as collecting nonfungible tokens (NFTs), trading, and participating in various protocols.
Variola also emphasized Phemex’s commitment to advancing its hybrid decentralized finance (DeFi) stack, which combines on-chain experiences with the efficiency of centralized platforms. This includes the introduction of a lending protocol offering competitive rates and a proprietary automated market maker (AMM) protocol that leverages the exchange’s trading volume to provide lucrative opportunities for liquidity providers without diluting token supply. Variola concluded by reiterating Phemex’s dedication to its core exchange functions and plans to continue listing new and popular tokens that capture emerging market narratives, from memes to artificial intelligence (AI).
As the bustling two-day event came to a close, Cointelegraph had a final conversation with Phemex chief operating officer and Pulse co-founder Stella Chan. Amidst a networking-filled event brimming with innovation and grand visions, Chan expressed unwavering confidence in Phemex’s commitment to turning Web3 innovations into reality. She stated, “We’ve developed an entire Web3 ecosystem, committed to decentralization, launched our own token, and introduced a groundbreaking SocialFi tool — all within the past year — while continuing to offer a seamless trading experience to our traders worldwide.”
Chan also described the future trajectory for Pulse, reaffirming their dedication to user satisfaction and growth. She announced plans for expansion into new regions and hinted at the upcoming release of new features.
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