On July 14, the first "Global Web3 Eco Innovation Summit - Singapore" (GWEI 2022 - Global Web3 Eco Innovation Summit -Singapore) ended at the Marina Bay Sands Convention and Exhibition Center in Singapore.
The conference is co-hosted by the Singapore University of Social Sciences (SUSS) and its inclusive financial technology node (SUSS NiFT), and Babbitt International's new brand "The Way of DeFi".
Ouyi OKX, the world's leading Web3 ecological builder, is the overall title of the conference.
On July 14th, nearly 80 industry think tanks from Singapore's financial management department, universities, investment institutions, financial institutions, trading platforms, NFT, GameFi, DAO and other Web3 fields came to the stage to share.
More than 1,000 people from at least 11 countries and regions around the world participated in the conference. Through the live broadcast, more than 70,000 people around the world clicked to watch. At least 20+ Chinese media and at least 20+ overseas media have made articles, newsletters and other reports on "GWEI 2022-Singapore".
At the "GWEI 2022-Singapore" conference, what wonderful views did the guests have on Web3? You can read this article - "40+ Collection of Golden Sentences, Insight into the Future Trend of Web3". (https://www.defidaonews.com/article/6765040)
In addition to viewpoints, "GWEI 2022-Singapore" is also a window to observe the status quo of global Web3 development today. We have sorted out some observations about the conference, and you can see if this has enriched your understanding of Web3.
The Web3 industry is hot! Practitioners are very enthusiastic!
"GWEI 2022-Singapore" is Singapore's first large-scale Web3-themed offline summit since the outbreak of the new crown epidemic. Before the summit, the organizing committee sent about 500 invitations to the world, and we also received more than 1,800 Participation application.
However, the scene was far beyond our expectations. At the welcome dinner the night before the summit, nearly 400 people attended, and a seat was hard to come by. On the day of the summit, more than 1,000 guests came to the Marina Bay Sands Convention and Exhibition Center, and the staff added 100 chairs to the total of 800 chairs in the two venues.
More than one guest said: This is the most crowded and most popular blockchain event in Singapore after the new crown epidemic, and it can be called a super large social venue.
This time, not only Web3 players, but also many big names from the Internet field attended the conference.
Web3 is a global resonance! But the Chinese community is not "stage fright"
The conference was held in Singapore, which has always been one of the core nodes of global finance. Many well-known companies in the Web3 field have their own office "nodes" in Singapore. Therefore, holding the meeting in Singapore itself predestined that "GWEI 2022-Singapore" will be a global Web3 summit.
However, among the more than 1,800 application forms for the conference, there are applications from more than 10 cities including Hong Kong, Taipei, Kuala Lumpur, Bangkok, Sydney, Mumbai, Montreal, Berkeley, London, and Rotterdam.
The common communication language for Web3 practitioners worldwide is English, but Chinese is undoubtedly the "official language" of this conference, not only because Chinese is a commonly used language in Singapore, but also because Singapore gathers many Web3 practitioners from the Chinese-speaking world. At the scene, some Chinese guests were filled with emotion: the joys and sorrows were mixed, all because of Web3.
Perhaps the more important reason is: "GWEI 2022-Singapore" is the world's first industry summit that emphasizes both Chinese and English. In addition, you can no longer find a summit brand that links the Chinese and Western communities of Web3.
As a newly established international brand after Babbitt started globalization, "The Way of DeFi" will bring "GWEI 2022-Singapore" to continue to promote the exchange of Chinese and Western cultures in the Web3 field, and more Chinese entrepreneurs can use this to speak out to the world.
Cross-border dialogue, consensus has been reached: Web3 is the future
"GWEI 2022-Singapore" invited leading projects from various Web3 tracks to share, such as the well-known Ethereum Foundation in the Web3 field, OKX, Huobi Global, DFINITY, YGG SEA, Nansen, Avalanche, Dapper Labs, The Sandbox, Consensys, HashKey Capital, ICG Singapore, etc.
Then there are also many traditional companies joining, such as Deloitte, Sygnum Bank, Huawei Cloud, etc. In addition, in the registration application, senior managers from the world's top Internet technology companies such as Meta, YouTube, JPM, Microsoft, Google, Amazon, and Netflix appeared, which is really surprising.
In addition, Sopnendu Mohanty, chief financial technology officer of the Monetary Authority of Singapore, Tansaya Kunaratskul, senior expert of the corporate strategy department of the Central Bank of Thailand, and Cheong Hee Kiat, principal of SUSS, all shared their wonderful judgments on Web3 at the conference.
Many participants lamented that this is the highest-standard and most authoritative Web3 summit they have participated in, and industry leaders have brought the best authoritative interpretation of Web3 development trends. In particular, the active participation and dialogue of the regulators made them look forward to the future development of the industry.
This may also reflect a trend: Web3 is not marginal. On the contrary, regulators, Internet giants, etc., are all looking for an entry point to embrace Web3.
Singapore, the core node of the Web3 world
Singapore is a small country, but in terms of financial innovation and technological innovation, they have adopted a very open attitude and actively promote the development of the industry. This kind of openness and active participation is fully demonstrated in "GWEI 2022-Singapore".
At the meeting, the Monetary Authority of Singapore (MAS), the Singapore University of Social Sciences (SUSS) and the Global Financial Technology Institute (GFI) signed a memorandum of understanding on the "SME Financial Empowerment (SFE) SME Financial Empowerment Program", which aims to Provide basic digital financial literacy training for micro, small and medium enterprises (MSMEs).
In addition, "The Way of DeFi" also jointly released the "Global Web3 Ecological Innovation Observation Report" with the Inclusive Finance Technology Node of the Singapore University of Social Sciences. This is a report jointly created by the two parties in the DAO model, covering infrastructure, DeFi, NFT, GameFi, DAO, metaverse, supervision and other Web3 core tracks. This is an authoritative and important guide for the public to quickly understand the Web3 ecology and its significance.
"GWEI 2022-Singapore" has come to an end, and from July to September, Singapore will usher in a lot of blockchain activities. The guests believed that this conference took the lead in igniting the enthusiasm of the Singaporean public. In the future, Singapore's position as a core node in the Web3 field will become increasingly clear.
The above is a brief summary of "GWEI 2022-Singapore", and it is also a 4-point observation.
Qu Zhaoxiang, a partner of Babbitt, said that as a new media brand launched by Babbitt based on its global business, "The Way of DeFi" is based in the East and is committed to building a high-end thought dissemination platform and cooperation and exchange platform in the Web3 era, so that more people can get the benefits of the Web3 era. New opportunities for venture capital. And "GWEI 2022-Singapore" is not the end but the starting point, and "The Way of DeFi" will start from a higher starting point to welcome the arrival of the Web3-driven metaverse era.
Source: Babbitt
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