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Lex Sokolin Joins Generative Ventures, Investing in the Machine Economy Powered by Fintech, Accelerated by AI, and Settled on Web3

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–News Direct–

Generative Ventures, a new venture capital firm focusing on emerging machine economies, is thrilled to announce the addition of Lex Sokolin as a Managing Partner.

Mr. Sokolin, known for his experience in the fintech and crypto sectors and a deep understanding of the intersection of finance and technology, will bring his unique insights and expertise to Generative Ventures. His previous roles as Chief Economist, CMO, and Global Fintech Co-Head at ConsenSys, a blockchain technology company, founder of the Fintech Blueprint, a leading industry research firm, and CEO of NestEgg Wealth, a pioneering robo-adviser platform, have equipped him with a profound understanding of the transformative potential of technology in the financial sector.

Generative Ventures is a venture capital firm that will manage private pooled vehicles that invest in the machine economy, which is the synthesis of new economic activity accelerated by AI, powered by fintech, and settled on Web3 blockchain networks. The firm will support founders building on this economic architecture.

"We are excited to have Lex join our team," said Will Wang, a Managing Partner at Generative Ventures. "His deep understanding of the space and visionary approach to building companies make him an invaluable addition to our firm. We believe that his expertise will be instrumental in identifying and supporting the next generation of startups."

Lex Sokolin shared his excitement about joining Generative Ventures, stating, "I'm thrilled to be joining a team that shares my belief in the transformative potential of technology. We are at the forefront of the machine-enabled economy, and I look forward to contributing to its mission of supporting startups critical to shaping this future across markets, networks, and economies."

In a significant vote of confidence, Bertelsmann Investments, the global venture capital arm of Bertelsmann, has become the first institutional investor in the flagship fund established by Generative Ventures. Bertelsmann Investments has a strong track record of investing in innovative companies and funds, with over 1.7 billion invested in more than 400 companies and funds worldwide.

Carsten Coesfeld, CEO of Bertelsmann Investments, said, "We are excited to be the first institutional investor in Generative Ventures flagship fund and to back this fantastic team. Their focus on emerging technology and machine-powered economies are aligned with our work on solving business problems using Web3 technologies. Our Web3 team and platform, B3 – The Hub, will work closely with the Generative Ventures team to drive growth and new investment opportunities."

With the addition of Lex Sokolin and the backing of Bertelsmann Investments, Generative Ventures believes that it is well-positioned to make a significant impact on the future of machine-enabled economies.

About Generative Ventures

Generative Ventures is a venture capital firm that invests in machine economies, which is the synthesis of new economic activity accelerated by AI, powered by fintech, and settled on Web3 blockchain networks. The firm is committed to supporting startups that are at the forefront of this technological revolution.

For more information, please visit Generative Ventures': Official website | Twitter

About Bertelsmann Investments

Bertelsmann Investments (BI) comprises Bertelsmanns global venture capital activities as well as the Bertelsmann Next growth unit. The venture capital arm includes the Bertelsmann Asia Investments (BAI), Bertelsmann India Investments (BII) and Bertelsmann Digital Media Investments (BDMI) funds, as well as selected fund and direct holdings in markets including Europe, the United States, Brazil, Southeast Asia and Africa. The Bertelsmann Next unit advances the entrepreneurial development of new growth sectors and business areas, including digital health, mobile gaming and HR Tech. To date, around 1.7 billion has been invested in more than 400 innovative companies and funds through Bertelsmann Investments. Bertelsmann Investments currently holds over 300 active investments worldwide through its network of start-ups and funds. https://www.bertelsmann-investments.com/

Disclaimers: This article is for information purposes only and does not constitute an offer or invitation to subscribe to interests or shares in any vehicle or arrangement managed or advised by Generative Ventures or its affiliates. Any such offering or invitation will be made based on marketing and disclosure documents that are specific to such vehicle or arrangement. This article was not prepared with prospective investors in mind, and the information contained herein does not constitute investment advice. Bertelsmann is an investor of Generative Ventures and did not receive any direct compensation for providing such testimonial and endorsement.

Contact Details

Generative Ventures

Lex Sokolin

lex@genventures.xyz

View source version on newsdirect.com: https://newsdirect.com/news/lex-sokolin-joins-generative-ventures-investing-in-the-machine-economy-powered-by-fintech-accelerated-by-ai-and-settled-on-web3-494220620

Generative Ventures

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Nextshoess: Dominating the Sneaker Game with Over 50,000 Instagram Followers and Premium Selections

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Auckland, NZ, 6th October 2024, ZEX PR WIRE, Nextshoess, one of the fastest-growing online sneaker platforms, has quickly risen to prominence in the global sneaker community. With over 50,000 Instagram followers and a thriving customer base of more than 20,000 clients worldwide, Nextshoess is making waves as the go-to destination for sneaker enthusiasts seeking bold, fashionable designs at accessible prices.

Launched in April 2017, Nextshoess began with a simple dream: to create a platform that not only sold trendy sneakers but also fostered a community of like-minded individuals who share a passion for footwear. The founders recognized several challenges in the online sneaker market, particularly when it came to quality, customer service, and product authenticity. With this in mind, they made it their mission to revolutionize the industry, promising to put the needs of customers first, even at a higher cost.

A Mission to Redefine Sneaker Shopping

At its core, Nextshoess is driven by a simple philosophy: every step you take should come with personality. The brand curates a wide selection of high-quality sneakers from premium brands like Nike, Air Jordan, and Yeezy, ensuring that customers not only look stylish but also receive products that stand the test of time. From classic designs to limited-edition releases, Nextshoess has something for everyone, regardless of their fashion preferences.

However, what truly sets Nextshoess apart from its competitors is its commitment to building a community. By fostering a loyal following on social media, particularly Instagram, the brand has created a space where sneaker lovers from around the world can come together to share their love for shoes, discuss the latest trends, and engage with the brand on a personal level.

Customer-Centric Approach

In an industry where fast fashion often leads to compromises on quality, Nextshoess prides itself on offering premium products while maintaining a high standard of customer service. The company works closely with trusted retailers and boutiques globally to ensure that every order is fulfilled with care and precision. This means that customers can expect their sneakers to arrive on time and in pristine condition, every time.

“We understand that delivering high-quality service comes at a higher cost on our side, but it’s a responsibility we’re more than willing to take for our community,” said a spokesperson for Nextshoess. “Our customers are our top priority, and we want them to have a seamless, enjoyable shopping experience from start to finish.”

A Growing Global Presence

With its headquarters in Auckland, New Zealand, Nextshoess has built a global footprint, delivering sneakers to customers across the world. The brand’s focus on premium shipping and packaging ensures that products arrive safely, regardless of distance. The company’s carefully curated sneaker collection caters to both men and women, offering timeless designs that appeal to fashion-forward individuals of all ages.

What’s Next for Nextshoess?

As the sneaker industry continues to evolve, Nextshoess remains committed to staying ahead of the curve. The company is constantly expanding its product offerings, working with new partners, and exploring innovative ways to enhance the customer experience.

For more information, visit Nextshoess.co.nz and browse the latest collection of premium sneakers.

Press Contact: Nextshoess 

www. nextshoess.co.nz

Mount Wellington, Auckland 1060, New Zealand

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Dubai’s Ultimate Blockchain Event to Unite Visionary Innovators and Global Leaders

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Dubai, United Arab Emirates, 6th October 2024, ZEX PR WIREFuture Blockchain Summit 2024, the region’s most immersive large-scale blockchain event, is set to take place at the iconic Dubai Harbour from October 13-16, 2024. As the premier event in MENA, it will bring together more than 1200 investors, 120 exhibitors, and 150+ speakers from over 50 countries, uniting the blockchain and crypto ecosystem under one roof. This year’s event will be a hub for groundbreaking ideas and collaborations designed to shape the future blockchain technology and its impact on global industries.

Dubai, recognized as a global Web3 hub, offers a fertile ground for blockchain innovation, thanks to its forward-thinking government policies, comprehensive regulatory framework, and access to capital. Since its inception in 2018, aligned with the Dubai Blockchain Strategy and Emirates Blockchain Strategy, the Future Blockchain Summit has become the region’s flagship event for blockchain, spanning the vibrant tech markets of the Middle East, Africa, and Asia.

Peter Brady, Associate Vice President Technology Cluster at Dubai World Trade Centre, remarked, “Future Blockchain Summit 2024 will once again serve as a dynamic platform designed to empower disruptors and ignite sector growth. We are excited to bring together the brightest minds and leaders to foster collaboration, inspire transformation, and solidify Dubai’s position as a global hub for blockchain innovation.”

The 2024 edition will offer groundbreaking discussions on the convergence of blockchain with AI, the Internet of Things (IoT), and extended reality (XR). Leaders and innovators from Europe and North Africa will dive into how these combined technologies are transforming industries. Attendees will also gain invaluable insights on:

  • The rise of non-fungible tokens (NFTs) in protecting digital assets and reshaping ownership models.

  • Tokenization of traditional assets and the explosion of decentralized finance (DeFi), a force set to disrupt financial markets and create new investment avenues.

  • Digital identities in the Web3 era, a critical topic addressed by Brian Rose, Founder & Host of London Real, and Raido Saar, President of the Estonian Web3 Chamber. This session will explore how blockchain enables self-sovereign identities, empowering users to control their personal data and digital presence.

Key discussions will include Sebastien Borget, Co-Founder & COO of The Sandbox, and Yat Siu, Co-Founder & Executive Chairman of Animoca Brands, during the “Into the Metaverse” panel. They will delve into the impact of blockchain on gaming, community-driven ecosystems, and the role of AI, VR, and AR in creating next-gen gaming experiences. The future of decentralized game development and the rise of esports will also be explored, providing attendees with a comprehensive look at the future of the gaming industry.

Another must-attend session is the “Navigating Global Regulations” panel, which will compare regulatory frameworks across the US, Europe, and Asia, while emphasizing the role of compliance tools and regulatory sandboxes in enabling experimentation and cross-border collaboration.

Sponsors for this year’s summit include Bitpanda, Coin W, DMCC, Fastex, Toobit, Sui, Coindesk Indices, M2, Fasset, and others, all of whom are at the forefront of blockchain innovation.

For more information about the summit and agenda, visit www.futureblockchainsummit.com/

About Future Blockchain Summit

Future Blockchain Summit is the leading blockchain exhibition and MENA region’s most immersive large-scale blockchain event. Capitalising on Dubai’s status as a global Web3 hub, the event will unite the entire blockchain and crypto ecosystem and provide a leading platform to foster collaboration.

Powered by GITEX Global, the seventh edition of Future Blockchain Summit will bring together more than 1200 investors, 150 exhibitors, and 120 speakers from across countries at the iconic Dubai Harbour, from 13-16 October 2024. It will take place alongside GITEX Impact, Expand North Star, FinTech Surge and Marketing Mania.

Expand North Star

Expand North Star 2024, the world’s largest event for start-ups and investors, will bring together leading founders, VCs, tech innovators, and ecosystem enablers to the Dubai Harbour, taking place from 13-16 October 2024. Hosted by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre, Expand North Star features four co-located events: GITEX IMPACT, Fintech Surge, Future Blockchain Summit, and Marketing Mania. This 9th edition will welcome over 1,800 global startup exhibitors, 1,200 investors, and 250 speakers from 100 countries. The show is inspired by the world largest tech show, GITEX GLOBAL, which will take place from 14-18 October 2024, at Dubai World Trade Centre. 

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Fintech Surge 2024: Revolutionising Finance With Cutting-Edge Innovations And Strategic Partnerships

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Middle East and North Africa’s largest fintech show to welcome innovative game-changers and industry leaders from the global fintech community.

Dubai, United Arab Emirates, 6th October 2024, ZEX PR WIREFintech Surge, the Middle East and North Africa’s largest fintech event, will take place at Dubai Harbour from 13-16 October 2024. As an integral part of Expand North Star, powered by GITEX GLOBAL, the fourth edition is set to attract over 100 exhibitors, more than 1,200 investors, and 120-plus speakers from over 70 countries. The event solidifies its position as the premier destination for fintech thought leadership, strategic partnerships, and innovation across the region.

As the UAE continues to cement its role as a global fintech hub, Fintech Surge 2024 arrives at a pivotal time. The UAE’s fintech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029, driven by a progressive regulatory environment and the rapid adoption of digital banking solutions. Last year, the fintech sector saw a remarkable 92% surge in funding, further elevating the UAE as a powerhouse of innovation in MENA’s fintech landscape.

“Fintech Surge is where the world’s fintech entrepreneurs come to trade in innovation. As the UAE continues to lead in digital transformation, this year’s edition will welcome international companies at the forefront of embedded finance, autonomous finance, and digital currencies, to forge partnerships with technology giants and large enterprises, and shape the future of finance,” said Peter Brady, Associate Vice President at Dubai World Trade Centre.

The event will spotlight critical trends shaping the future of finance, such as digital banking, fintech investment, and the growing collaboration between banks and fintechs. The ‘Future of Money’ conference will cover key themes, including fintech investing, digital banking, and SME Elevate track. As the financial world increasingly shifts toward digital transactions, e-wallets and cashless payment systems are transforming the global landscape. In the panel discussion ‘Rock, Paper, Cashless,’ Asim Chohan, COO at Morgan Stanley USA, will join other experts to explore the implications of a cashless society and its future impact.

The SME Elevate track will feature discussions on empowering small and medium-sized enterprises through fintech, including the Conversation Circle titled ‘Cool Cash—Future Trends in Lending, Microfinance, and Investments.’ Speakers such as Ibrahim Abdel Rahim, Co-founder of Moonbase Capital (Spain), and Chérifatou Ibrahima Agoumo, Regional Innovation and Technology Advisor at CARE USA, will examine how fintech innovation is driving economic growth for SMEs and individuals.

Other sessions will focus on emerging financial technologies, including open banking, embedded finance, and the transformational role of AI in banking. The rise of stablecoins, Central Bank Digital Currencies (CBDCs), and sustainable finance models will also be explored, as the fintech sector continues to innovate while addressing challenges in cybersecurity and regulatory compliance.

With a powerful programme featuring global fintech giants alongside a vibrant start-up community, Fintech Surge will be the essential meeting point for those looking to shape the financial ecosystems of tomorrow. The event will serve as a launchpad for start-ups and innovators, offering a unique opportunity at Demo Day to showcase live prototypes that push industry boundaries. These solutions will highlight how fintech is creating faster, more convenient, and secure ecosystems to meet the growing demands of today’s digital consumers.

Sponsors and exhibitors for the 2024 edition include major industry players such as Codego, Geidea, ADIB Bank, WIO Bank, and pavilions by Fintech Lithuania, Hong Kong, and London & Partners. More information can be found at www.fintechsurge.com.

Press Registration: Click Here

About Fintech Surge

Fintech Surge is the most sought after gathering for the global fintech industry. Capitalising on Dubai’s pioneering status as a leading location for fintechs, it is the foremost platform where international finance and technology players meet to create limitless opportunities. More than 1,200 investors, 150 exhibitors and more than 100 speakers from more than 70 countries will gather to chart the way forward and inspire industry-wide transformation. The fourth edition of Fintech Surge will take place from 13-16 October 2024 alongside GITEX GLOBAL, uniting the global community at the iconic Dubai Harbour. It is co-located with GITEX IMPACT, Expand North Star, Future Blockchain Summit and Marketing Mania.

Expand North Star

Expand North Star 2024, the world’s largest event for start-ups and investors, will bring together leading founders, VCs, tech innovators, and ecosystem enablers to the Dubai Harbour, taking place from 13-16 October 2024. Hosted by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre, Expand North Star features four co-located events: GITEX IMPACT, Fintech Surge, Future Blockchain Summit, and Marketing Mania. This 9th edition will welcome over 1,800 global startup exhibitors, 1,200 investors, and 250 speakers from 100 countries. The show is inspired by the world largest tech show, GITEX GLOBAL, which will take place from 14-18 October 2024, at Dubai World Trade Centre.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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