In a world where blockchain technology is rapidly evolving, annual events and conferences continue to gain momentum, attracting the interest of savvy investors and enthusiasts eager to dive into this thriving industry. As we enter the last quarter of the year, one event is stealing the spotlight, the "Future Blockchain Summit," an event set to define the future of Web3, blockchain, crypto, NFTs, the Metaverse, and gaming.
1. The Future Blockchain Summit
From October 15 to 18, 2023, the Future Blockchain Summit unfolded its grandeur at Dubai Harbour. The Middle East and North Africa (MENA) region's most immersive blockchain event introduced a new concept aimed at promoting disruptors, change-makers, and innovators in the realms of Web 3.0, Blockchain, Crypto, NFTs, Metaverse, and Gaming. Over the course of four days, attendees experienced countless opportunities to connect, gain insights from an action-packed agenda, pitch for growth funding in the Supernova Challenge, and participate in the Web 3.0 Gaming Showdown.
1.1 Experts and Innovation
More than 150 experts, regulatory organizations, and government representatives from over 50 nations congregated at the largest superyacht center in the Middle East. This new venue, created by GITEX Global, provided an exciting setting to explore the potential of decentralized technology. Visionaries from prominent companies such as 1inch, Binance, BitGo, and Circle showcased the latest developments in blockchain, cryptocurrency, and Web3 sectors.
2. Secure Crypto Asset Custody
The event highlighted the significance of crypto asset custody in an evolving Bitcoin ecosystem that continually attracts new participants. International crypto custody leaders like BitGo were present to educate the audience about the dynamic innovations in custody regulations. This emphasizes the central role of custody in addressing security concerns and building confidence among investors.
2.1 Redefining Custody in Web3
Discussions at the event delved into topics like "Redefining custody and how to think about control in a Web3 world." Michael Shaulov, CEO and Co-Founder of Fireblocks, joined the conversation, emphasizing the importance of cutting-edge security infrastructure in the digital asset space. Alvin Kwock, Co-Founder of OneDegree Hong Kong Limited, and Dr. Marwan Al Zarouni, CEO of the Dubai Blockchain Centre, added their insights to the discussion.
3. Expanding Online Gaming with Web3 Technologies
The 'Web3 Gaming Showdown: Decentralize-2-Expand' at the Future Blockchain Summit underlines the gaming industry's exploration of Web3's potential. Industry leaders offered demonstrations of new games and examined how Web3 decentralized technologies are reshaping the web.
3.1 Investing in Web3 Games
Experts from organizations like Dubai Multi Commodities Centre (DMCC), Metatheory Inc., Xsolla, Enjinstarter, Horizon Labs, Darewise/Life Beyond Studios, and The Chopra Foundation led discussions on topics like "Investing in Web3 games." They explored monetization strategies to drive engagement and interest in this new ecosystem.
4. Developing Long-Term Strategies
The Future Blockchain Summit introduced a new program, 'Climate Action through the New Web3 Economy,' in conjunction with COP28 taking place in Dubai. The program explored sustainable solutions enabled by Web3 technology, hosted by the UN Observer Organisation Climate Chain Coalition and the Slovenian Ministry of Economy, Tourism, and Sport.
4.1 Enjinstarter's AYA
Enjinstarter, a premier Web3 launchpad and advisory firm, announced the launch of 'AYA' at the summit. AYA is Enjinstarter's new launchpad focused on founders in the impact and sustainability space. The program aims to raise awareness about climate action and play an active role in the UAE's net-zero strategy for 2050. Attendees were invited to visit Enjinstarter's booth, sign up for AYA, and have a mangrove planted on their behalf.
Frequently Asked Questions
What is the Future Blockchain Summit?
The Future Blockchain Summit is the Middle East and North Africa's largest immersive blockchain event. It brings together experts, innovators, and enthusiasts to explore the latest developments in Web3, blockchain, crypto, NFTs, the Metaverse, and gaming.
What were the key dates for the Future Blockchain Summit in 2023?
The Future Blockchain Summit took place from October 15 to 18, 2023, in Dubai Harbour.
Which companies and experts participated in the event?
Prominent companies such as 1inch, Binance, BitGo, BitGet, Circle, Sui, and Fireblocks, among others, presented the latest developments in the blockchain, cryptocurrency, and Web3 sectors. Expert speakers from various organizations shared their insights throughout the event.
What is the focus on crypto asset custody at the conference?
The conference emphasized the importance of crypto asset custody in the evolving Bitcoin ecosystem. It discussed innovations in custody regulations and their role in addressing security concerns, fostering confidence among investors, and ensuring regulatory compliance, risk management, institutional adoption, and insurance.
What games and game studios were mentioned at the Future Blockchain Summit?
Square Enix's Ludo Zenith and Fumb Games' Bitcoin Miner were notable examples. Ludo Zenith experienced an 82% increase in ARPDAU after integrating ZBD rewards, while Bitcoin Miner achieved over a tenfold boost in day 30 user retention. These games demonstrated the impact of the summit's discussions on the gaming industry.
What is the 'Climate Action through the New Web3 Economy program' introduced at the summit?
The program focuses on sustainable solutions made possible by Web3 technology. It was introduced at the 2023 conference in conjunction with COP28 happening in Dubai. The program aims to address climate action and sustainability in the context of the Web3 economy.
What role does Enjinstarter play in the Web3 space, and what is 'AYA'?
Enjinstarter is a premier Web3 launchpad and advisory firm. 'AYA' is Enjinstarter's new launchpad focused on founders in the impact and sustainability space. AYA aims to raise awareness about climate action and contribute to the UAE's net-zero strategy for 2050.
Conclusion
The Future Blockchain Summit in Dubai brought together industry experts, innovators, and enthusiasts to explore the limitless possibilities of Web3, crypto custody, and Web3 gaming. As blockchain technology continues to evolve, events like this are instrumental in shaping the future. With an emphasis on secure crypto asset custody, expanding online gaming, and sustainable Web3 solutions, the summit showcased the transformative power of blockchain technology.
About W3 Play:
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News Article Description
In this article, gamers should pay attention to the insights shared at the 2023 Future Blockchain Summit in Dubai. This event highlighted key trends in Web3, blockchain, cryptocurrency, NFTs, and the gaming industry. Experts discussed the importance of secure crypto asset custody and the potential of in-game advertising. Notable game studios like Square Enix and Fumb Games demonstrated the transformative power of blockchain technology in gaming. Additionally, the 'Climate Action through the New Web3 Economy program' emphasized Web3's role in sustainability. Enjinstarter introduced 'AYA,' focusing on impact and sustainability. This event promises a glimpse into the future of gaming, Web3, and blockchain. Gamers should keep these insights in mind as they navigate this dynamic landscape.
