Global Leaders Back $1 Billion Creta Ecosystem Fund Powered by Locus Chain Blockchain

Mike Pompeo, Chairman of Lloyds Capital, expressed strong optimism about the global business prospects of a strategic partnership with Locus Chain and Creta during a high-profile event in New York City. The event showcased what organizers described as "the world's most scalable blockchain, Locus Chain" alongside "the groundbreaking Web3 gaming and entertainment ecosystem, Creta." The gathering attracted prominent global entrepreneurs and financial leaders, including SK Group's Sang-kyu Kang, Naver Co-founder Hyuk-il Kwon, AllianceBernstein's Rochel Bernstein, and Raymond James COO Michael Tormey.

Locus Chain proposed developing an innovative platform to manage foundational and generative data, ensuring the safe use of AI while creating a new data 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. He asserted that sufficiently fast and scalable blockchain technology can manage the foundational data necessary for AI generation while preventing illegal data collection and eliminating false information, thereby mitigating antisocial aspects of AI that threaten humanity's economy, security, and social stability.

The strategic partnership between Locus Chain, Creta, and Lloyds Capital includes establishing a $1 billion Creta ecosystem fund to drive global business development. Thomas Vu, former executive producer of League of Legends and current CIO of Creta, presented his vision for Creta's multiverse and superclub concept, describing it as a next-generation community model that transcends existing limitations. Ray Nakazato, Creta's Chief Creative Officer, shared an ambitious vision for the ecosystem that leverages AI technology to simplify content development while dramatically reducing server costs through Locus Chain implementation.

Major global entities including SK Group, Naver, Republic, AllianceBernstein, India's Bankai Group, and United Nations representatives committed to exploring collaboration through their extensive networks. Republic, the largest Web3 venture capital firm in the United States, expressed commitment to collaboratively building a Web3 ecosystem alongside Locus Chain and Creta. Bankai Group's leadership shared their ambition to pioneer the future market in India, one of the world's top emerging markets, with the goal of creating the country's largest gaming platform through this partnership.

Hyuk-il Kwon introduced his AI avatar system, Quavatar, which will be integrated into Creta, along with the GiveFy project developed in collaboration with One Humanity and Bloom Technology. The project aims to create a global donation ecosystem where increased contributions yield greater benefits, generating significant interest from UN representatives attending the event. Additional information about these initiatives can be found at https://locuschain.com/ and https://creta.world/.

SangYoon Lee, CEO of Bloom Technology, expressed enthusiasm about conveying to numerous entrepreneurs, financiers, and politicians that Locus Chain and Creta can deliver innovative solutions to challenges facing the blockchain ecosystem and WEB3 industry advancement. Beyond driving corporate growth through service and technological development, the partners aim to become industry leaders in addressing social issues emerging from AI and WEB3 technologies, with further details available at https://lloydscapital.com/.