AppWorks Demo Day#28 makes its official debut today (12), showcasing 22 new startup teams from AppWorks Accelerator and 2 teams from WI Harper Accelerator. These teams will present their innovative technology solutions on the stage in Taipei, not only focusing on the AI and Web3 fields but also highlighting emerging enterprises in the Greater Southeast Asia (GSEA) region.
The highlights of this Demo Day include 9 teams from the AI and digital technology sectors, who will demonstrate how advanced software technology can transform business operations and daily life. In addition to Taiwan, there are also international startup teams from Indonesia, the Philippines, Vietnam, Singapore, Malaysia, Hong Kong, and Europe and America.
AppWorks Chairman and Partner Jamie Lin stated that the era of digital transformation in 2024 has passed. If one wants to invest heavily in digital transformation at this point in time, it will be difficult to reap significant benefits in the next three to five years. However, if the past 20 years were a digital era, a period where startups followed the rise of digital and large companies needed to undergo digital transformation, then the next 20 years will be the era of AI.
“In the era of AI, both large enterprises and startups have great opportunities. Therefore, in the next 20 years, I believe we should be talking about ‘AI upgrading.'”
Which interesting teams are worth paying attention to?
There are a total of 17 startups at the event, including innovative applications such as Etiq AI, an AI model optimization tool, and AI conversation children’s toys. In addition to AI, there are also 6 teams related to the Web3 field.
Anonymous dating app combining Tinder and Instagram: XO
XO is a Web3 DApp that combines the functions of Tinder and Instagram. It ensures user privacy through blockchain technology and enhances account credibility. Users can increase their personal credit scores or even exchange tokens through identity verification on chains like WorldCoin. In addition to allowing users to express themselves anonymously, the platform also uses AI to generate interactive and topical conversations, guiding social introverts to communicate with others, promoting emotional connections, and fostering empathy.
XO has surpassed 1.5 million downloads, with over 100,000 monthly active users and over 1 million successful matches per month. The platform records over 800,000 daily chain transactions, and its ARPPU (Average Revenue Per Paying User) is 1.6 times that of social media giant Bumble.
On-chain private lending protocol: QIRO
Qiro is building a global tokenized credit protocol that connects stablecoin investors, asset initiators, and underwriters on-chain through DeFi to achieve higher net returns.
Financial technology companies or non-bank financial institutions seeking funds for expansion can seek funding from global on-chain investors without bearing excessive borrowing costs. On the other hand, on-chain investors of Qiro can receive fixed income.
AI platform for managing cryptocurrency investment returns and risks: Quantlytica
The participation threshold for cryptocurrencies and DeFi has always been the biggest challenge for Web2 and Web3 newcomers. Quantlytica uses AI to simplify and enhance user experience by analyzing macro and micro data, explaining complex protocols, and providing users with actionable next steps.
By offering ready-made tools and results, users can invest according to preconceived strategies without the need for additional time and effort to deeply research protocols, making it easier for users to manage their crypto assets.
In addition to the above three, there are also exhibiting teams showcasing DAO, digital asset risk management, and AI achievements. With the continuous evolution of digital technology in the future, we can look forward to witnessing the birth of more innovation and collaboration.