Magzoid Magazine - Luxury Magazine in the Creative Space | April 2022
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Magzoid Magazine - Luxury Magazine in the Creative Space | April 2022

The April 2022 issue of Magzoid Magazine features the team that led Sikka Art & Design Festival 2022 to success and the second cover has an amazing artwork by Christiane Vleugels, an artist from Belgium. The magazine features an Exclusive Interview with Ralf Glabischnig, Founder, Crypto Oasis, Messages from influential persona in the UAE for Ramadan Kareem, and Sikka Art & Design Festival 2022 and many more. Magzoid Magazine is a luxury magazine leading the creative space of the MENA region. The different genres covered by Magzoid Magazine include exceptional designs, arts & culture, interviews of influential business leaders and industry veterans, various creative and design aspects across different industry verticals, luxury lifestyle, creative branding, fashion and jewelry brands, highlights from corporates, and much more. Magzoid Magazine is a leading media platform in the creative segment. The April 2022 issue of Magzoid Magazine features the team that led Sikka Art & Design Festival 2022 to success and the second cover has an amazing artwork by Christiane Vleugels, an artist from Belgium. The magazine features an Exclusive Interview with Ralf Glabischnig, Founder, Crypto Oasis, Messages from influential persona in the UAE for Ramadan Kareem, and Sikka Art & Design Festival 2022 and many more.

Magzoid Magazine is a luxury magazine leading the creative space of the MENA region. The different genres covered by Magzoid Magazine include exceptional designs, arts & culture, interviews of influential business leaders and industry veterans, various creative and design aspects across different industry verticals, luxury lifestyle, creative branding, fashion and jewelry brands, highlights from corporates, and much more. Magzoid Magazine is a leading media platform in the creative segment.

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11.04.2022 Views

LEADERSHIP TALKS Ralf Glabischnig Founder, Crypto Oasis Ralf Glabischnig is an entrepreneur and founder of Crypto Oasis who is committed to developing the blockchain ecosystem both in Switzerland and worldwide. He is one of the Initiators of the Swiss Crypto Valley, one of the world-leading Blockchain ecosystems in Switzerland. Based on the experience and success of Crypto Valley, he and his team have set up Crypto Oasis as the ecosystem in the Middle East. Through a strategic partnership with the DMCC, the DMCC Crypto Centre was launched in Dubai. With half of the Blockchain-based businesses registered within the Freezone, it is the core of the community in the region. Here is what he has to say about his journey, the blockchain ecosystem, and its stakeholders. Exclusive to Magzoid You have prominently established yourself as a seasoned entrepreneur and businessman. We would like to know about your very first step in the world of cryptocurrency. It all happened coincidentally. I moved to Zug, Switzerland in 2005 and opened my first company in 2009. Back then we had no idea about bitcoin. In 2013, we opened a business center in Zug, a co-working space for all kinds of companies. Many firms were knocking on our doors looking for blockchain companies and it was then that we started digging deep into the industry of blockchain. I come from a software development and strategy consultancy background, and we saw various people coming to Zug. So, to support this we began inviting startups to join us in the Crypto labs that we started. In the year 2015-2016, we started a blockchain competition where instead of investing in startups we gave out our prize money of $100,000 for the best idea in blockchain insurance, finance, and real estate. It was then that Crypto Valley, a leading blockchain and cryptographic technology ecosystem happened to us. How does Blockchain influence the ecosystem of the creatives and vice versa? Blockchain is cutting out the middleman. In the traditional process different people are involved in between the creatives and the customers. With blockchain technology combined with social media, we were able to cut out a lot of these middlemen. If a young artist creates a painting and wants to sell it, he probably gets $500 for the first painting he sells through a traditional channel out of which $150-200 would stay with him. But with social media on one hand and blockchain on the other, he would NFT are much more than only art, they have so much potential utility to redefine ownership. be able to get the whole $500 or probably at least $480, since $20 goes for running his business. This makes the entrepreneurs get closer to the customers not only on social media but also in transactions. Blockchain opens new doors towards boosting the creative economy. What are your thoughts about it? There are successful digital art projects in the NFT space like “Crypto punks” and ‘Bored Apes’. They have not tried to bring the physical world into the NFT world, like a tokenized Picasso, they have been created in the digital world and are now expanding into the physical world. I believe, what we see right now is the creation of the fundament for the metaverse. And it is important how we define and position ourselves as individuals and organisation in this new world. We can own and create NFTs which are existing in both worlds, like Nike does with the partnership and takeover of RTFKT as an early mover, or just consuming and following the new trends. It needs creativity to get into this new Metaverse space, not just a 24 April 2022 www.magzoid.com

LEADERSHIP TALKS www.magzoid.com April 2022 25

LEADERSHIP TALKS<br />

www.magzoid.com <strong>April</strong> <strong>2022</strong> 25

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