AppWorks Demo Day 28 is here Credit agreements blockchain dating apps and other highlights of the event

AppWorks Demo Day#28 Makes its Debut
AppWorks Demo Day#28 officially kicked off today (12), featuring 22 new startup teams from AppWorks Accelerator and 2 teams from Wistron Accelerator. They will showcase their innovative tech solutions on the stage in Taipei to a global audience. This event not only focuses on the AI and Web3 fields but also emphasizes emerging businesses in the Greater Southeast Asia (GSEA) region.
The highlights of this Demo Day include 9 teams from AI and digital technology, who will demonstrate how advanced software technology can transform business operations and daily life. In addition to Taiwan, international startup teams from Indonesia, the Philippines, Vietnam, Singapore, Malaysia, Hong Kong, and Europe and the Americas are also participating.


AppWorks Chairman and Partner Jamie Lin stated that the era of digital transformation in 2024 has already passed, and it would be difficult to gain much benefit from doubling down on digital transformation in the next three to five years. However, if the past 20 years were a digital era, a time when 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 an AI conversational toy for children. In addition to AI, there are also 6 teams related to the Web3 field.
An anonymous dating app combining Tinder and Instagram: XO
XO, an anonymous dating app, is a Web3 DApp that combines the features of Tinder and Instagram. It uses blockchain technology to ensure user privacy and enhance account credibility. Users can increase their personal credit scores by verifying their identities on chains like WorldCoin, or even exchange tokens. In addition to allowing users to express themselves anonymously, the platform also uses AI to generate interactive and topical conversations, guiding social geeks to communicate with others, promoting emotional connections, and building empathy.
XO has already surpassed 1.5 million downloads, with over 100,000 active users per month, more than 1 million successful matches per month, and over 800,000 on-chain records per day. The platform’s ARPPU (Average Revenue Per Paying User) is 1.6 times that of the social app 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, in order to achieve higher net returns.
Financial technology companies or non-bank financial institutions looking to borrow 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 obtain 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 utilizes AI to simplify and enhance the user experience by analyzing macro and micro data, interpreting complex protocols, and providing users with actionable next-step solutions.
By providing ready-to-use tools and results on the platform, users can follow preconceived investment strategies without spending additional time and effort on in-depth protocol research, making it easier for users to manage their crypto assets.
In addition to the aforementioned three, other exhibiting teams, such as DAO, digital asset risk management, and AI, also took the stage to showcase their achievements. With the continuous evolution of digital technology in the future, we are eagerly anticipating the birth of more innovation and collaboration.