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Cryptocurrency News Articles

Meta Era Reunion Conjures Web 3.0 Revolution in Dubai

Apr 23, 2024 at 03:56 am

The "Web 3.0 Open - Meta Era Reunion in Dubai" summit, held on April 20, 2024, brought together industry experts, investors, developers, and media from Asia, Africa, and Europe to envision the future of Web 3.0. Despite heavy rainfall, the summit attracted over 1,000 registrations, with 800 attendees and over 300,000 live stream views. Keynote speeches and panel discussions explored topics such as Web 3.0 security, infrastructure, stablecoins, CeFi vs. DeFi investments, AI and blockchain integration, and the future of Bitcoin's ecosystem. The event provided insights into the transformative power of Web 3.0 in revolutionizing digital payments, AI, and infrastructure, while highlighting challenges and opportunities for growth.

Meta Era Reunion Conjures Web 3.0 Revolution in Dubai

Web 3.0 Open – Meta Era Reunion Embraces the Digital Revolution in Dubai

Dubai, United Arab Emirates – April 20, 2024 – The inaugural "Web 3.0 Open – Meta Era Reunion in Dubai" summit, a grand gathering of industry leaders and experts, concluded successfully on April 20, 2024, leaving an indelible mark on the digital economy landscape.

Despite the inclement weather, the event drew over 1,000 registered attendees from diverse sectors across Asia, Africa, and Europe, including entrepreneurs, investors, developers, academic luminaries, and media professionals. The captivating on-site presentations captivated a packed audience of nearly 800 attendees, while live streaming reached a global audience of over 300,000 viewers, collectively envisioning the transformative potential of Web 3.0.

Keynote Addresses Illuminate Web 3.0 Security and Infrastructure

Ms. Connie Lam, Solutions Architect Head of CertiK, delivered a keynote speech on "Navigating the Web 3.0 Security Paradigm." Highlighting the exponential growth in the crypto risk-taking market, Ms. Lam emphasized the need for innovative solutions to address emerging challenges. CertiK's concept of re-collateralization middleware, a collaborative approach among smart contracts, verification agencies, and operators, was presented as a novel mechanism to enhance security and capital utilization efficiency.

Mr. Tengfei Xue, Web 3.0 Technical Planning Expert of Huawei Cloud, presented "Pursing the Moore's Law of Web 3.0." Mr. Xue underscored the pivotal role of infrastructure in shaping the future of Web 3.0, drawing parallels to the transformative impact of Moore's Law in computer systems. Huawei Cloud's introduction of two service models was unveiled, aimed at empowering the industry to achieve this ambitious goal.

Panel Discussions Explore Cutting-Edge Web 3.0 Applications

A robust panel discussion on "Stablecoins: Pioneering the Evolution of Digital Payments in Web 3" brought together Raymond Y., Founder of WSPN; Zack Yang, Co-founder of FOMO Pay; Chen Yu, Chief Advisor of KUN; Vivi Wong, Global Business Development Director of StableWallet; and Peter Yang, Managing Director of Distributed Capital. The panelists delved into the transformative power of stablecoins, emphasizing their ability to bridge the gap between Web 3.0 and traditional finance. Challenges such as integration with payment systems, user experience, and friction costs were discussed, with a call for industry-wide collaboration to drive progress.

In a lively debate on "Deep Dive: Investing with CeFi or DeFi?," Annabelle Huang, Managing Partner of Amber Group; Paul Wang, Founding Partner of PSE Trading; Mihai Alexandru Radu, Investor Relations Head of SphereX; and George Cao, Founder of AscendEX, shared their insights. The panelists highlighted the coexistence of speculation and value investment opportunities in both CeFi and DeFi, recommending a gradual transition from CeFi to DeFi for new investors. They emphasized the benefits of DeFi, including innovation and early participation, but also cautioned about its inherent risks and uncertainties.

A thought-provoking panel on "Where is the Next 100x Return? -The New Voices from AI, DePIN, and Infra" featured Dan Zajac, Co-founder of Kitsaya Labs; Anna Liu, Chief Marketing Officer of NuLink; Daigan Reid, Community Head of Somnia; Shubham Bhandari, Ecosystem Head of Manta Network; and Dora Jiang, Global BD Lead of Conflux Network. The panelists explored the revolutionary fusion of AI and blockchain technology, emphasizing the importance of data security and the crucial role of AI in predicting market trends. They highlighted the significance of attractive incentive mechanisms to drive infrastructure adoption and long-term project success.

Bitcoin Ecosystem and Web3Lab's Vision in Focus

In a panel discussion on "What to Expect? Bitcoin's Ecosystem in 2024," Berri Stone, Business Development Head of Web3Lab; Kelvin C, Co-founder of 0xVM; Paul Xu, Co-founder of AINN Layer2; and Victoria Feng, Business Development VP of BitMart, discussed the unique advantages of the Bitcoin ecosystem. They highlighted its globally recognized consensus mechanism, reputation for honesty and decentralization, and opportunities for new industry development. The Bitcoin ecosystem's robust asset and network development was emphasized, with an ongoing debate on technical routes and potential for collaboration between EVM and UTXO advocates.

Berri Stone, Business Development Head of Web3Lab, presented the company's vision and mission in her speech. Web3Lab's commitment to supporting Web 3.0 companies in Hong Kong was outlined, including providing landing services, investment, acceleration incubation, and compliance guidance. Its global expansion plans, with incubators in key locations, were also shared.

Driving Innovation and Collaboration in the Web 3.0 Ecosystem

The "Web 3.0 Open – Meta Era Reunion in Dubai" summit served as a catalyst for knowledge exchange and collaboration within the Web 3.0 ecosystem. Participants gained invaluable insights into the challenges and opportunities facing the industry, and identified potential areas for further development.

The event emphasized the need for continued innovation, partnership, and risk-taking to drive the industry forward. Meta Era remains committed to leading global Web 3.0 exhibitions and fostering a collaborative environment that enables the digital economy to flourish.

About Meta Era

Meta Era is a leading global media organization headquartered in Hong Kong, dedicated to promoting the application of Web 3.0 technology worldwide. Known for providing accurate and professional information, Meta Era has established strong relationships with investment institutions, Web 3.0 companies, industry media, and communities. As a pioneer in Web 3.0, Meta Era is shaping the future of the internet – a Meta Era.

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