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Mike Pompeo, the Chairman of Lloyds Capital, voiced significant optimism regarding the global business opportunities created through a strategic alliance with Locus Chain and Creta.
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Among the distinguished global entrepreneurs and financial leaders present were SK’s Senior Executive Vice President Sang-kyu Kang, Naver Co-founder Hyuk-il Kwon, Rochel Bernstein from the Bernstein family, and Raymond James COO Michael Tormey.
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Locus Chain introduced an innovative platform aimed at managing both foundational and generative data, promoting the responsible use of AI and establishing a new data ecosystem.
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In partnership with Lloyds Capital, Creta, and Thomas Vu’s Initiative, a $1 billion Creta ecosystem fund is set to be launched.
On September 25th, 2024, in New York City, Lloyds Capital—the global financial collaborator of Locus Chain and Creta—held a prestigious event featuring “the world’s most scalable blockchain, Locus Chain,” alongside “the groundbreaking Web3 gaming and entertainment platform, Creta.”
The event attracted renowned figures, exceptional entrepreneurs, and financiers from across the globe. Presentations were delivered by SangYoon Lee, CEO of Locus Chain; Ray Nakazato, CCO of Creta; Thomas Vu, former executive producer of League of Legends and current CIO of Creta; and Hyuk-il Kwon, director at Naver’s Happybean, which collaborates with Creta. They highlighted the technological capabilities of Locus Chain, its potential as a pivotal solution for future industries, and the scale and vision of the Creta ecosystem, receiving an enthusiastic response from attendees.
Major global organizations like SK Group and Naver, along with leading U.S. companies including Lloyds Capital, Republic, and AllianceBernstein, and India’s Bankai Group, expressed their willingness to explore collaboration through their expansive networks, aiming to push for future innovation by discussing how they could work collaboratively with Locus Chain and Creta to significantly benefit society and drive meaningful growth for the ecosystems.
[Description: (Left) Lloyd Capital COO Marik String, (Center) Founder of One Humanity Foundation and Vice President of Creta Evan Klassen, and (Right) Locus Chain CEO SangYoon Lee presenting their vision together]
Lloyds Capital, a global investment firm directed by Mike Pompeo, boasts an impressive team including Marik String, former U.S. State Department General Counsel; Christopher Yoshida, former CFO of Northern Data and now CEO of Pinetree Partners; David Malpass, previous World Bank Group President; Chalid Arrab, Founder of Lloyds Group; and Bulent Aksu, former Deputy Finance Minister of Turkey.
Locus Chain and Creta have formed a strategic partnership with Lloyds Capital to create the Creta ecosystem fund, a $1 billion initiative geared towards fostering global business advancement.
The event was moderated by Evan Klassen, founder of One Humanity and Vice President of Creta, and brought together over 60 distinguished global business leaders, including Rochel Bernstein of AllianceBernstein, which oversees more than $1 trillion in assets; Michael Spanos, co-owner of the NFL’s Los Angeles Chargers; Shane McMahon, former WWE Executive Vice President and current CEO of Ideanomics; UN Ambassador David Sánchez; Adam Kelly, advisor at Knollwood Investment Advisory; Michael Bressler, CEO of X2B; Rob Hadick, CEO of Dragonfly Capital; Hyuk-il Kwon, Co-founder of Naver; Sang-kyu Kang, Head of SK Global Digital Investment Group; and Bankim Brahmbhatt, Chairman of India’s Bankai Group. The assembly warmly welcomed the vision of Locus Chain and Creta, actively discussing potential collaborations.
[Description: Rochel Bernstein of AllianceBernstein (second from the left); Michael Spanos, co-owner of the NFL LA Chargers (third from the left); Yoel Mayerfeld, Chase Property co-CEO (second from the right); Robbie Tombrosky, Founder of ASGE Advisors (far left); and Sara Hurand, Artist (far right)]
[Description: Michael Tormey COO of Raymond James(far left), Kamo Jurn Director of Raymond James (second left); Mohombi Nzasi Moupondo, Artist(third from the left); Adam Kelly, advisor at Knollwood Investments (third from the right); Sean Demosthenous, CBDO at ZEEBU (second from the right); and Shane McMahon, former WWE Executive Vice President (far right).
During the event, Dr. Young-bae Moon, Vice President of Bloom Technology, the firm developing Locus Chain, emphasized the pressing demand for high-performance blockchains in the expanding AI sector. He stated, “A sufficiently fast and scalable blockchain can manage not only the foundational data needed for AI creation but also the data generated by AI itself. This capability would help prevent illegal data collection from AI and eliminate misinformation, addressing significant threats to humanity’s economy, security, and social stability. Moreover, data providers would have their rights safeguarded, while AI developers could achieve improved data accuracy, fostering a beneficial ecosystem for AI. However, most existing blockchain technologies fall short due to performance and scalability challenges. Currently, Locus Chain is the only blockchain capable of delivering the exceptional processing speeds and scalability necessary for large-scale applications within the AI field.”
The attendees reacted positively to this presentation, acknowledging that issues surrounding AI technology could be effectively managed with Locus Chain, cultivating a more advanced ecosystem.
[Description: Senior Vice President of Bloom Technology, Dr. Young-bae Moon]
[Description: CIO of Creta, Thomas Vu]
Meanwhile, Thomas Vu, former Executive Producer of League of Legends and the newly appointed Chief Innovative Officer (CIO) of Creta, a Web3 gaming platform being developed on Locus Chain, presented his vision for Creta’s multiverse and superclub concept, portraying it as a next-generation community model that surpasses traditional community limits, referred to as “spatial communities.”
Ray Nakazato, Creta’s Chief Creative Officer and a former game development producer at Microsoft, articulated an ambitious vision for the Creta ecosystem that employs AI technology to drastically enhance content development efficiency. This innovation is aimed at closing the gap between developers and users while significantly lowering server costs through Locus Chain’s implementation. Nakazato also tackled challenges related to intellectual property agreements and compensation, proposing a repetitive model for content production, consumption, and investment, effectively removing limitations on growth within the Creta ecosystem. His presentation gained considerable interest from the audience.
[Description: Co-founder of Naver and current Chairman of Naver HappyBean, Hyuk-il Kwon]
Hyuk-il Kwon, the co-founder of Naver and current chairman of the Naver HappyBean Foundation, presented his highly anticipated AI avatar system, Quavatar, set to be integrated into Creta. He shared his vision for this integration, as well as the GiveFy project developed in partnership with One Humanity and Bloom Technology, which builds on the legacy of Naver HappyBean. His presentation generated considerable enthusiasm among attendees, especially from UN representatives, who showed keen interest in the GiveFy initiative, aiming to develop a global donation ecosystem that enhances the benefits of increased contributions.
* Naver: A leading South Korean tech company known for its dominant search engine, platform services, and ventures into AI, digital content, and fintech, driving innovation across multiple sectors.
* Naver HappyBean: A social impact platform by Naver aimed at supporting charitable organizations and crowdfunding initiatives by connecting users with meaningful causes through donations and volunteering opportunities.
* Quavatar: A service utilizing AI technology to create avatars with diverse appearances, offering personalized experiences across various platforms.
* GiveFy: A new global donation platform leveraging blockchain technology to promote “productive donation,” sharing innovative ideas aligned with sustainable development goals such as environmental protection, economic growth, and social inclusion, while fostering collaboration for practical implementation.
[Description: Kendrick Nguyen, co-founder and CEO of Republic (Middle), a digital investment platform, Andrew Durgee, President of Republic (Right)]
Republic, the largest Web3 venture capital firm in the U.S., reaffirmed its commitment to collaboratively building a Web3 ecosystem with Locus Chain and Creta. With millions of members, Republic aims to establish itself as a premier Web3 content platform. Furthermore, Bankai Group’s Chairman, Bankim Brahmbhatt, and CEO Raj Brahmbhatt shared their aspiration to spearhead the future market in India, one of the world’s leading emerging markets, in collaboration with Locus Chain and Creta, aiming to create the largest gaming platform in the country.
SangYoon Lee, CEO of Bloom Technology, expressed his excitement about the event, stating, “I was thrilled to present the visions of Locus Chain and Creta to potential partners, alongside key collaborators like Hyuk-il Kwon, Lloyd Capital, and Republic. We effectively communicated to numerous entrepreneurs, financiers, and politicians that Locus Chain and Creta offer innovative solutions to the challenges faced by the blockchain ecosystem and the advancement of the WEB3 industry. Alongside driving corporate growth via service and tech development, we aim to lead as industry pioneers addressing the social challenges arising from AI and WEB3.”
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* Lloyds Capital is a global investment firm led by former U.S Secretary of State and former CIA Director Mike Pompeo, comprising influential figures such as Marik String, former U.S. State Department General Counsel; Christopher Yoshida, former CFO of Northern Data and current CEO of Pinetree Partners; David Malpass, former World Bank Group President; Chalid Arrab, Founder of Lloyds Group; and Bulent Aksu, former Deputy Finance Minister of Turkey and current Senior VP of Lloyds Capital. Lloyds Capital champions high-growth investment opportunities at the intersection of emerging technology, frontier markets, and geoeconomics.
* Locus Chain is a next-generation blockchain protocol that proficiently addresses decentralization, scalability, and security challenges. Its distinctive technology, Dynamic Sharding, ensures network stability across various scenarios. Additionally, Verifiable Pruning minimizes node size, thereby enabling nodes to run on devices such as mini-PCs and internet routers, facilitating greater participation in the ecosystem. This minimal entry barrier allows anyone to operate a node at a low cost, ensuring the reliable and efficient maintenance of the network. Thus, Locus Chain is identified as an ideal blockchain for extensive projects where scalability is crucial.
* Locus GameChain is an on-chain serverless solution created by Locus Chain that effectively overcomes scalability and speed challenges in serverless online services, achieving commercial feasibility. This groundbreaking solution offers permanent, high-performance, decentralized online network-based services for games and internet applications, alleviating maintenance cost concerns.
Locus Game Chain holds the potential to revolutionize the online gaming landscape, enabling the revival of numerous online content previously discontinued or closed due to exorbitant server operational costs. It also facilitates the creation of new, innovative content featuring unique styles and business models, free from server maintenance burdens. Beyond gaming, Locus Game Chain is set to innovate a completely new market by launching unprecedented ‘serverless online services’ across various internet industries.
* Creta is a Web3-based metaverse platform headquartered in Dubai, UAE, spearheaded by prominent figures in the Japanese and global gaming sectors, including Ray Nakazato, Thomas Vu (former executive producer of League of Legends), Alexander Harutyunyan (former CEO of INNOVA), and Seok-ho Yoon from CCR, the developer of the popular game Fortress. Legendary industry figures like Yoshiki Okamoto, creator of Street Fighter 2 and Monster Strike, also serve as key partners, enhancing Creta’s global standing. Creta encompasses four core services: Creta Metaverse, Creta Superclub (Community), Creta Studio (Game & Content Creation), and Creta Game Platform (Digital Game Distribution).
Through leveraging AI tech, Creta aims to significantly simplify content generation, breaking down the divides between developers and users. This strategy fosters an ecosystem where content production and consumption can endlessly repeat and advance without constraints, facilitating both users and developers to continuously create new experiences. With substantial intellectual property backing through partnerships with legendary producers in gaming, Creta is set to lead the initiative to build a competitive game entertainment platform ecosystem. To enhance user experience, Creta is also in the process of developing a “Spatial Community” allowing users to interact and connect in 3D virtual spaces through their avatars.
Creta Studio accommodates various activities like gaming, social events, and business meetings, empowering users to create and share their own content. The Creta Metaverse is constructing vast metaverses with photorealistic aesthetics, presenting users with the opportunity to enjoy diverse games and content within one immersive environment. The Superclub community system, available across all Creta spaces or through a dedicated app, allows users to fully possess their community data and tokenized rights to clubs and posts as NFTs. By storing crucial data on the blockchain, users gain the ability to independently manage their rights to their content and fan data, ensuring improved control and security.
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Disclaimer: The information contained in this press release is not a solicitation for investment, nor does it constitute investment advice, financial advice, or trading advice. It is strongly recommended that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrency and securities.
