“The Future of Tech: Web3 Trends in 2024” 

December 5, 2023, Bengaluru, Karnataka, India

The Orbis86 hosted an event titled “The Future of Tech: Web3 Trends in 2024” during the Web3 Carnival for tech enthusiasts, industry leaders, and entrepreneurs. The event allowed participants to explore the evolving technology landscape and discuss the future of the technology journey.

The sponsor of the conference was Hedera. The event confirmed a dynamic convergence of innovation, insights, and networking opportunities. Hedera, OP Crypto, The Coin Republic, Voice of Crypto, Builders Tribe, The Blockopedia, and Lumos Labs were the renowned partners for the event.

Panel Discussions:

The event addressed three different panel discussions, the details of which are as follows:

Trailblazing in the Digital Frontier: Web3 Entrepreneurship in 2024

Panel includes:

• Block Stack, CEO, Prasanna Lohar
• Reflexical Pte Ltf, Founder, Ajeet Khurana
• ZeroTo3, Founder, Anuradha Chowdhary
• Bhai Finance, Founder, Maaz Memon

Moderated by:

• Orbis86, Creative Head, Sharlaine Menezes

It witnessed a discussion around the intersection of innovation, finance, and market strategies, from Lohar’s vision of blockchain transforming traditional banking to Memon’s perspective on the evolution of cryptocurrencies. 

Ajeet Khurana discussed key elements responsible for the project’s success with all the applicable market challenges. Anuradha provided a detailed discussion on the fusion of film and Web3. Lohar presented the potential of blockchain in digital transformation. Lastly, Memon highlighted the challenges faced by DeFi and TradeFi startups in the active crypto space. 

The panel collectively provided advice for the entrepreneurs entering Web3 in 2024 and delivered strategies to improve the sustainability of projects in bear markets. It offered a comprehensive exploration of Web3 entrepreneurship in the digital landscape.

Web3 Integration: Transformative Approaches for Enterprises in 2024

Panel includes:

• SuperWomen DAO, Founder and Lead Community DCX, Aditi Chopra
• KoinBX, COO (India and UAE), Brian Kuttikkat
• SimplyFI SoftTech India Private Limited, CEO, Vishwanath Akella

Moderated by:

• Voice of Crypto, Editor-in-chief, Varuni Trivedi

The moderator started with insightful questions, including Brian’s approach to regulatory challenges for KoinBX in the UAE and India, Chopra’s vision for CoinDCX, which fosters financial inclusion through DeFi, and Akella’s views on the impact of Web3 on traditional enterprise technologies.

The forum addressed concerns about security, NFTs, community-driven initiatives, interoperability, data privacy, and sustainability, providing a comprehensive exploration of the evolving potential and challenges in the Web3 space for businesses in 2024.

Web3 Investment Outlook in 2024: Trends, Risks, and Opportunities

Panel includes:

• Maulana IM, Founder, Jeffrey Broer
• LexStart Partners and The Chain Project’s Founder, Anisha Patnaik
• SUI Foundation, Strategic Programmer, Amogh Gupta
• Ethereal Ventures, Investment Partner and Co-founder, Praneeth Srikanti

Moderated by:

• Orbis86, Founder and CEO, Soniya Ahuja

The panel discussion discovered various topics such as the evolution of Web3 investments, criteria for evaluating startups, legal complexities, societal impact, the role of DeFi, misconceptions, risk management, community engagement, technological innovation, regulatory compliance, environmental sustainability, and the evolving relationship between traditional finance and Web3. 

The presenters shared valuable inputs emphasizing the importance of innovation, community strategy, scalability, regulatory awareness, and strategic adaptability for investors, providing insights on the rapidly evolving trends within the Web3 ecosystems.

The concluding statements and questions addressed legal challenges relevant to Indian startups, the diversity of Web3 venture capitalists, operations challenges in the transition to Web3 entities, grant deployment in gaming, and the metrics relevant to tracking grants. The panel structure facilitated a comprehensive exploration of the multifaceted aspects of Web3 investments in the upcoming year.

Networking Session

After the completion of the interactive panel discussion, the event effortlessly transitioned to a networking session, creating the desired atmosphere for attendees to connect, collaborate, and share perspectives.

The network session was conducted over high tea, providing a relaxed and energizing environment for tech enthusiasts, entrepreneurs, and industry leaders to get along. With this, the attendees got the unique opportunity to interact with the panelists, speakers, and fellow attendees. It facilitated meaningful conversations and built valuable connections.

Sponsor Highlights, Hedera:

Hedera is a decentralized, open-source, proof-of-stake-based public ledger that has also sponsored this conference. A decentralized council of leading enterprises, universities, and Web3 projects governed the event. Hedera motivates and facilitates developers to create real-time Web3 applications and ecosystems that will drive the future of the Internet.

Host – Orbis86

Orbis86 is an onboarding platform that allows a seamless blend of the worlds of arts, entertainment, and education to introduce users to the landscape of Web3 and artificial intelligence. Orbis86 creates a community of like-minded individuals, fostering sensible onboarding in Web3 and AI through various global events.