The GWEI Summit that happened on the 14th of July, 2022, in Singapore was enlightening as well as an inspiring event about Web3 and Metaverse prospects in Asia and the impact it could have on the continent.
A number of pioneers of the field were present at the event. The legendary Professor David Lee was the backbone of the Summit and is considered the Blockchain Man of Singapore.
The event turned out to be an excellent occasion for Vijay Pravin to meet one of our angel investors – Mr. Dhaval Parikh of New Tribe Capital.
The panel discussion was attended by Prakash Somasundaram, CEO of Enjinstarter & Floyd DCosta, Co-founder of Block Armour, and finally, our very own Vijay Pravin of bitsCrunch. It was moderated by Aneesha, Founder & CEO of HoneycombWeb3. A variety of essential talking points for the crypto industry were brought up, with valuable insights from all panelists.
The lively debate covered a wide range of subjects such as career opportunities for aspiring Indians in Web3 development, hiring the right talent for these jobs, challenges and regulatory obstacles to progressing Web3 and metaverse projects, and the looming prospect of crypto winter. The event also discussed the strategies to manage funding for projects during a crypto winter and ways to sustain growth, which granted an optimistic note to the discussion.
Overall, the GWEI Summit touched upon several important points for India’s Web3 future and ways to assist its march towards sustainable, measurable projects. We look forward to being a part of a more global community in the coming future.