Ownly Mid-Year 2023: Highlights and Outlook
Learn the key developments, challenges of Ownly in the first half of 2023, as well as their and future plans in this exclusive mid-year review.
As 2023 reaches its midpoint, we pause to reflect on the eventful developments within #CryptoPH. The industry, rebounding stronger from 2022 and witnessing a fading bear market, has had a dynamic first half.
Today, we bring you an exclusive mid-year review from Philippine web3 company — Ownly. Through Ismael Jerusalem, CEO of Ownly, the company shared insightful details about their significant wins, challenges, and future plans.
Ownly Mid-Year Review: Key Wins in 2023
What key partnerships, product launches, or strategic decisions would you consider as your organization’s significant wins in the first half of 2023?
- Largest Blockchain-Integrated Physical Art in Asia in partnership with Lei Melendres and Meatspace.
- International Network Expansion, attended Tech Investment Show in Thailand.
- Significant Partnerships with Coins.PH, Polygon Guild Manila, Tezos Philippines, MetaSaga Warriors and more.
- Collaboration with Government Units like DTI, DICT, and LGU.
- Building a growing community of creatives, tech, developers and entrepreneurs in South Luzon.
(Read more: Filipino-led NFT Marketplace Ownly Unveils Tokenized Physical Art Collection)
Addressing Challenges: Ownly Adaptive Strategies
What were the primary challenges your organization faced during the first half of 2023, and how did you address them?
- The current market turbulence is one of the main challanges itself.
- Liquidity to operate, since the market is slow we need to be frugal to be able to survive and continue working on our startup.
- Revenue is not in good shape compare to the past few years.
(Read more: Artist Lei Melendres Discusses the Challenges of Making the Largest Blockchain-Integrated Mural)
Improvements and Metrics: Comparing 2023 with Previous Years
Is there a specific metric that has significantly improved in the first half of 2023 compared to the previous year?
- The number of people in the community supporting OWNLY as one of the early builders in the Philippines since 2018.
- The increase of partnership offers with OWNLY.
- Increase of invitation to speak on conferences in National and International levels.
- Network expansion outside the Philippines.
Future Trends and Technologies: Ownly Future Outlook
Which emerging trends or technologies in the crypto space are you most excited about or planning to incorporate into your future strategies and why?
Over the past few years, many attempts have been made to mix blockchain and gaming. Sadly, a lot of these projects didn’t last long or serve their users well. One bright spot in this landscape has been the development of Onchain Games.
At Ownly, we aim to take gaming to a whole new level. We’re planning to use onchain technology, which will make games more open and fair, reducing the chance for cheating.
(Read more: Coins.ph, Ownly, SparkPoint Explore Collab With Bicol LGU)
Goals and Plans for the Second Half of 2023
What are your company’s primary goals and plans for the second half of 2023?
There’s a thrilling period ahead for Ownly as we chart the course for the latter half of 2023.
We’re gearing up to fuel our growth by raising funds for a pioneering endeavor: the development of Ownchain – our very own Onchain Blockchain Gaming platform. This initiative embodies our commitment to evolving and enhancing the gaming experience by leveraging the power of blockchain technology.
For Further Reading
Website: https://ownly.io/
Twitter: https://twitter.com/ownlyio
Facebook: https://web.facebook.com/ownly.io
This article is published on BitPinas: Ownly Mid-Year 2023: Highlights and Outlook
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.
