Founded just four years ago, THXNET has made significant strides in the blockchain realm. a pioneer in blockchain technology, proudly unveils its offering centered around its own dedicated Layer 1 (L1) infrastructure, meticulously empowered by the robust THXNET Layer 0 (L0) Rootchain. This innovative foundation is underpinned by the state-of-the-art Substrate framework, refined to perfection by the seasoned experts at THXLAB, the development company behind THXNET.
Its Layer 1 Blockchain achieved a pivotal milestone by going main-net this past June. Crafted with a singular vision to act as a bridge between the traditional digital landscape (web2) and the decentralized web3 future, THXNET serves as a Web3-As-A-Service provider. This approach offers web2 companies a hassle-free gateway to tap into the burgeoning world of web3.
“THXNET’s success is not just theoretical. We have two operational Layer 1 chains running on our main-net, demonstrating real-world viability and adoption,” says Aro Kondo, the CEO & Co-Founder of THXNET. At present, THXNET has already amassed multiple use-cases and clients building on top of its framework including gaming, digital asset wallet, lifestyle application etc.
Furthermore , adding to its portfolio of successes, its parent company BANQ has established a joint venture in Japan with a financial media company listed on the Tokyo Stock Exchange, specializing in Web3 business. Leveraging THXNET as a platform, they are concurrently working on Web3 marketing, sports-related and carbon credit trading projects. The joint venture is also in discussions with several major group companies focused on finance and e-commerce.
It’s worth highlighting that THXNET’s innovative approach has already begun generating revenue from its Layer 0 and Layer 1 chain users. This revenue stream has positioned the firm as a self-sustaining entity in the competitive blockchain market.
But the innovations don’t stop there. THXNET is on the cusp of launching its new mobile application – the world’s first super-app designed specifically for developers. This ground-breaking app offers developers the unique ability to create, connect, build, and explore functionalities of the THXNET blockchain all within a singular interface.
“We recognize the challenges developers face in navigating the decentralized world. Our super-app is not just a tool; it’s a comprehensive solution, bringing all the functionalities they need to their fingertips, simplifying their journey in the blockchain space,” elaborates Aro.
Figure 1 – Mock-up of THXNET Mobile Application Super-App For Developers target to launch early Q4 2023. More info will be revealed on its launch.
The alliance with AsiaTokenFund Group is poised to be a game-changer. “This partnership melds our technical expertise with AsiaTokenFund’s deep market insights and presence. Together, we are not just aiming to make waves but to reshape the digital landscape across Asia,” comments Ken Nizam, the Co-Founder of AsiaTokenFund Group. This strategic partnership also sees the appointment and onboarding of Ken Nizam as THXNET Advisor and CMO, leading the go-to-market strategies in the Asian markets.
The collaboration between these two giants promises to push the boundaries of what’s achievable in the web3 realm, ensuring that the transition from web2 to web3 for companies is not just possible, but seamless and efficient.
For more information, visit THXNET website at https://thxnet.org/ and social media channels at https://twitter.com/THXNET_WEB3aaS
Hashtag: #thxlab #asiatokenfund
The issuer is solely responsible for the content of this announcement.
About THXNET
At THXNEX, we pride ourselves on being at the forefront of Web3 technology, offering a comprehensive suite of services tailored to meet the demands of the modern digital landscape. Our core proposition revolves around the concept of Web3-as-a-Service (Web3aaS), embodying the next evolution in online experiences. Central to our offering is a dedicated Layer 1 (L1) infrastructure, meticulously facilitated by the robust THXNET Layer 0 (L0) Rootchain. This foundation is powered by the cutting-edge Substrate framework, fine-tuned to perfection by the experts at THXLAB.
About AsiaTokenFund Group
AsiaTokenFund Group (ATF) is an Asia-based powerhouse with a global reach, dedicated to championing the web3 ecosystem. Originating in 2017 as a blockchain media entity, ATF has magnificently evolved into a dominant Southeast Asian blockchain media source. Its metamorphosis encompasses a web3 marketing agency, technical development prowess, event mastery, an accelerator for web3 startups, while investing fervently in the web3 frontier. ATF’s core mission extends beyond innovation; it seeks to orchestrate a complete web3 ecosystem that draws in the next billion participants.
Services
STAKEHOLDER ENGAGEMENT
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
BUSINESS INTELLIGENCE
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
GOVERNMENT RELATIONS
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
BUSINESS & BROADER MARKET ACCESS
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
A WORKING LUNCH WITH NORDIN: BRANDS, BUSINESSES AND BOYCOTTS
Boycotts are not new. Boycotts are not pretty. Boycotts are about creating fear. The question for business leaders is how to deal with this specific type of crisis before, during, and after a brand or a company has been targeted.
A WORKING LUNCH WITH NORDIN: MALAYSIA’S NEW PLACE IN A RAPIDLY CHANGING WORLD
In the year since the change of government, hundreds of billions in bilateral investments have been announced. Beyond the media headlines, what are the opportunities for businesses to grow in Malaysia in 2024?
NETWORKING: LEADING UP TO THE “ASEAN’S FOOD SECURITY NEXUS 2023”
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
ASEAN’S FOOD SECURITY NEXUS 2023
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and a round of golf. Aptly themed, the focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
MGBF In The News
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
