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The much-awaited Token2049 week in Dubai was marked by heavy rains and thunderstorms that hindered several ongoing and scheduled events. Still, Post Token2049, W3WC stood out as one of the most successful gatherings of the space, drawing a great turnout despite the unexpected weather challenges.
The event was graced by some of the most renowned personalities in the crypto world, who gathered to collaborate, network, and socialize.
Here are the key panels and discussions from the event:
Enabling Faster Growth in Africa Through Technology and Infrastructure Development
The panel discussed the potential for rapid growth in emerging countries like Africa, driven by improving infrastructure and technological access.
Emphasis was given to the role of technological advancement and education in enabling better access to goods, services, and financial transactions.
Exploration of Africa’s wealth beyond natural resources, including human capital and the “source mentality” of promoting peace and mutual benefit.
Understanding Central Bank Digital Currency (CBDC)
Introduction to CBDC and its inherent risks, such as centralized control, traceability, and loss of privacy.
Comparison between CBDC and decentralized digital currencies like Bitcoin, highlighting the advantages of privacy-focused cryptocurrencies like Pirate Chain.
NFT Art Program Brings Prosperity and Incentivizes Learning:
Speakers discussed the significance of how NFTs can create validated contracts for aesthetic and impact art, and how Web3 could aid African organizations in terms of education.
This is an opportunity to contribute artwork for charity, digitize valuable art for trading, and support humanitarian causes like building schools in Congo.
This is an introduction to an NFT art program involving bidding through QR codes. Winners gain access to VIP events and rare physical assets.
Exploring the Influence of Human Consciousness on Technology and Media
Brandi Veil, founder of Being Investments and a panel member of Women in Blockchain and Media, discussed leveraging social audio and podcasting for intelligence and networking, focusing on using media as a source of education and positive impact.
Emphasis was given to fostering human-to-human connections through technology and storytelling while balancing human connection and technology.
The intersection of Web3 and AI
Exploration of the synergies between Web3 and AI, with AI revolving around data and blockchain focusing on transactions.
Discuss the challenges of deep fakes and the role of decentralized mechanisms and AI in addressing them.
This report provides insights into the components of Web3, including decentralization, extended reality (ER) technology, and AI integration.
Bitcoin Cycles and Investing Strategies
Experienced crypto experts emphasized Bitcoin’s significance as the ‘Mothership’ and discussed cycle trading in Bitcoin, highlighting differences from traditional investment strategies.
Insights into Bitcoin’s price projections, market behavior, and the four seasons of its cycle (spring, summer, fall, and winter).
Connecting with W3WC Attendees
Discuss Neo Banking and its impact on users, emphasizing ease of use, onboarding through technology apps, and creating a refreshing user experience.
Insights into Web3 banking, focusing on transparency, information access, and decentralized banking platforms like Next Bank.
Exploration of challenges in Web3 banking, such as security, regulations, and borderless operations.
Web3 Gaming and Investment Strategies
Strategies for launching a Web3 game during a bull market, including intuitive game mechanics, effective onboarding, and community involvement.
Discussion on the impact of bullish markets on player adoption, user retention, and the role of partnerships with gaming guilds.
Emphasis on attracting smart capital over short-term gains, focusing on game fundamentals and metrics, and promoting user-generated content for sustainability.
Investment Trends in Crypto and Web3 Space
Introduction to Leo Ventures, an early-stage Venture Capital fund and the NC company, focusing on Tech, deep Tech, and AI investments in the Web3 space.
Trends in decentralized computing, AI, identity space, and the growing interest of traditional financial institutions and corporations in Web3.
Insights into the rise of meme coins, the integration of Web2 projects with blockchain technology, and the gamification of payment apps.
Decentralization vs. Regulation
Discuss the centralized nature of cryptocurrency trading despite the decentralized vision of the crypto revolution.
Exploration of the need for unity and regulation in the blockchain industry and the importance of a balanced approach to regulation.
This report provides insights into the varying global perspectives on cryptocurrency regulation, the involvement of banks and institutions in shaping the future of crypto, and the potential for broader adoption of blockchain technology.
Overall, the W3WC conference provided valuable insights into the intersection of technology, finance, and societal development, focusing on Africa’s potential and the role of emerging technologies like blockchain and AI.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
