The World Economic Forum in Davos is not only a meeting place for politicians, but also a gathering place for Web3 investors from around the world.
In reference to 2022 and its numerous crypto disasters, Wolfgang MÃ¤nnel of Blockchain Founders Capital stated that, while the worst is yet to come, his conversations with great founders have given him confidence that Web3 technology will become as mainstream as the internet.
Yat Siu, the founder of Animoca Brands and an early investor in the nonfungible token (NFT) space, stated at a venture capital panel that China would be a major player in NFTs, with Hong Kong leading the way. According to Pranav Sharma of Woodstock Capital, the “success of Web3 in India is unavoidable” due to proper crypto regulation and the country’s massive interest in blockchain technology.
CV VC’s Olaf Hannemann emphasized that the pace of innovation has never been faster, and that everyone should “buckle up.”
Sebastien Borget of The Sandbox was on the blockchain gaming panel, and he stated that while blockchain can offer interesting rewards to gamers, games must first be entertaining, with incentives for playing coming second.
Venly’s Tim Dierckxsens added that “you can’t just take a Web2 game and put it on the blockchain,” but that there was high expectation due to the caliber of people entering the gaming space, which Matt Dyer of Zilliqa described as “massive.”
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