Reviewing the 2022 Global Web3.0 Summit Forum – Leading the future

On December 30th, 2021, organized by Coindesk, Genesis, NirvanaMeta labs, DCG, Animoca, Foundry, A16z, Grayscale,  LUNO, OFFChain, BalletCrypto and OASIS will be the co-hosts, VPM Consortium, AG Crypto Investment, Wormhole, The “Leading the Future · Global Web3.0 Summit Forum 2022” which was co-sponsored by Liande, China IPFS Community, Lianjin Investment Research and RAIDERS kicked off in Shenzhen. Many authoritative experts, industry leaders, and investors focused on Web3.0, Metaverse NFT, GameFi, and other popular fields delivered wonderful speeches and roundtable views.

Data ownership is the core element of the development of Web 3.0

From Web1.0 to Web2.0, the Internet has completed its upgrade from simple static desktop websites to interactive experiences, user-generated content, and a market economy. Now, Metaverse is opening the doors of the Web3.0 era. In the Metaverse Web 3.0 report released by crypto-investment giant Grayscale, Metaverse is defined as an experiential and interconnected 3D virtual world in which anyone from anywhere can real-time social networking. And form a lasting, user-owned, interconnected economic system that spans the digital and physical worlds. In this system, data ownership is the core value.

 “Data ownership is the core of web3.0, which is in line with the content of the Metaverse ecology. Based on this background, we can communicate, commerce, and industrial manufacturing in the virtual world in the form of digital identities and activity.”

GlanCaGiorgi pointed out in his speech

Overseas blockchain expert and scholar Frederick Bravey pointed out in the keynote speech that web3.0 has 5 key features, decentralization and partial centralization, decentralized autonomous organization DAO, content display, personal digital identity and digital asset ownership .

Li Paike, Dean of Beijing Zhonglian Institute of Blockchain Technology, also emphasized in his speech on “From the Rebirth of the Universe to Metaverse Capital” that the ownership of digital assets should belong to individuals.

Web 3.0 is an open encrypted Metaverse that is democratically owned and controlled by users worldwide. Unlike the traditional Internet world, the value of data in Web 3.0 will return to private ownership. In this digital universe, everyone will become a data center node. As data is generated, it is also transmitted. When value is harvested, it is also created. The essence of digital assets is data. Therefore, data ownership should be Web 3.0 The core of development.

At this stage, what is the best carrier of the Metaverse?

After two wonderful roundtable conferences, the content theme of the forum speech also began to shift from technical theory to discussion of application scenarios.

CLIPS Finance representative Yigu Lin pointed out in his keynote speech “Web Development Trends in 2022” that the concepts of Metafi, SocialFi, and Gamefi will emerge in the next few years. The explosion of these concepts is nothing more than the following models: Play To Earn/Interact to earn, MetaFi Funding, Decentralized Autonomous Organization Dao/Guild Association, and Decentralized Digital Identity. He finally added that whether it is Metafi, SocialFi, or Gamefi, there will be common interactions in the Metaverse world in the future, which is a world of coexistence.

The main core of Metaverse lies in the carrying of virtual assets and virtual identities. It needs to create a fair, open source, and reliable economic system. In this process, the game has become an important carrier of Metaverse + NFT design, which is important for those who want to explore the Metaverse. For people, GameFi is a wonderful entrance. The organizer of this forum event, NirvanaMeta, also chose GameFi as the entry point for the Metaverse layout.

Metaverse AI is building the Open Metaverse with AI-powered Virtual Humans and Web 3.0 Apps. For the first time in human history, advanced 3D Virtual Reality tech & Web3.0 collectively enable the true Open Metaverse, a persistent, high-fidelity virtual realm where people can play, build, and monetize their experiences with virtual humans on the blockchain.

Cyber VR: User-centric Metaverse with Mainstream Applications

Metaverse AI’s Decentralized Identity & 3D High-Fidelity Avatars
Avatars form digital representation in the Metaverse. Create the high-fidelity 3D with the most advanced AI engine.
Blockchain-based DiD avatars empower users to own and keep their valuable virtual identity & avatars across the Metaverse. Privacy & ZKP feature safeguards users’ privacy in the virtual realm.
Metaverse AI’s NFT & Virtual Human enables Metaverse-native Phygital Assets
NFT merges the digital realm with reality. The Future is Phygital (Physical + Digital).
Securely own your AI Avatar, Virtual Lands, Digital Items in fashion, gaming, VR/AR as intelligent NFTs.

Concluding remarks

From the DeFi craze to the rise of NFT, from GameFi’s out-of-circle to the explosion of the Metaverse concept, the continuous development and accumulation of technology, application, consciousness and other fields are driving the arrival of industrial upgrading and innovation. When will Metaverse and Web 3.0 be complete? We don’t know the landing, but the concept of the digital age has undoubtedly been integrated into our lives.

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