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Metaverse Summit Roadshow

[Metaverse Summit] The “Father” of JPEG Prof. Touradj Ebrahimi on NFT, metaverse standard & future

The “Father” of JPEG Prof. Touradj Ebrahimi on NFT, metaverse standard & future

We’re honored to have invited the “Father” of JPEG format, professor Touradj Ebrahimi as our guest speaker.

He talked about how JPEG standard has innovated since its creation, and how Metaverse will innovate itself and has its own standards in the future. We talked about the NFT x JPEG phenomenon and his view on the long term impact on the industry.

00:00 intro

00:44 What’s your current occupation? And what’s your plan for this upcoming year of 2022?

03:51 What’s your point of view of the current NFT phenomenon?

14:54 What do you think about the standard?

22:18 What do you think of the current NFT development around the jpeg?

28:52 How to fight against fake media?

34:21 How OpenSea work hand in hand with researchers?

39:52 What would you imagine in the metaverse in five to ten years? or even more than 20 years 

Session hosted by:

Yingzi Yuan / https://www.linkedin.com/in/yuanyingzi/

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Metaverse Summit Roadshow

[Metaverse Summit] DeFi and Data with Synchrony Labs

DeFi and Data with Synchrony Labs

Mohammed El Amine IDMOUSSI and Andy Koh from presented Synchrony Labs defi and on-chain data visualization approach.

00:00 intro

00:30 What brought you to create Synchrony?

06:38 Can you show some demos of your current app and platform?

16:11 What’s the plan for 2022?

Session hosted by:

Yingzi Yuan / https://www.linkedin.com/in/yuanyingzi/

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Metaverse Summit Roadshow

[Metaverse Summit] In-metaverse camera: empowered creators beyond social and esport -Barthélémy Kiss

In-metaverse camera: empowered creators beyond social and esport -Barthélémy Kiss

In this episode of Metaverse Summit Roadshow, we invited Barthélémy to talk about the in-Metaverse camera.

With the new way of social interaction, divers toolbox are provided to fuel the emerging creator economy including the in-Metaverse social platform Powder, who also launched the blockchain game clip NFT collection.

00:00 intro

00:36 Why are you interested in the metaverse?

02:24 What are your ideations?

10:25 How do you choose which is the right angle as an automatic camera?

23:04 What’s the knowledge of powder in terms of the audience?

27:04 Who is familiar with crypto and the business model?

32:42 How many percentages of the players are more on Esport?

35:49 What about the future?

38:48 How can the audience get in touch with you? 

Session hosted by:

Yingzi Yuan / https://www.linkedin.com/in/yuanyingzi/

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Metaverse Summit Roadshow

[Metaverse Summit] How Brands should position themselves in Metaverse Strategy – Amy Peck

How Brands should position themselves in Metaverse Strategy - Amy Peck

Brands are FOMOing about Metaverse: should they hire a chief Metaverse officer? Should they acquire a Metaverse-native company or startup? Should they buy a virtual land and build a flagship store?

In this episode of Metaverse Roadshow, we sat down with Amy Peck to discuss about the brand-Metaverse interaction and the long-term strategy and positioning.

00:00 intro

00:23 Amy Peck as a guest speaker

11:56 What would be your advice for brands.

17:12 future proof approaches?

19:43 digital brands and traditional retailers are compatible?

23:15 What do you think about the dynamic with user creations and possibilities?

25:35 Do you think that individual creators represent a risk for brands?

30:13 Do you think the brands will be controlled or dependent on the new metaverse?

33:26 opinion about decentralized autonomous organizations?

36:38 What do you think about metaverse innovations in 2022

37:43 move from prediction to creation.

40:43 opinions on the metaverse

Session hosted by:

Yingzi Yuan / https://www.linkedin.com/in/yuanyingzi/

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Metaverse Summit Roadshow

[Metaverse Summit] Metaverse and DAO: Lands, Data and Collective Governance with Nicolas Weber

Metaverse and DAO: Lands, Data and Collective Governance with Nicolas Weber

In this episode of Metaverse Roadshow, we invited Nicolas Weber, the founder of MetaGameHub DAO and DAC.

He explained how the MGH DAO leverages data to empower the community around virtual property investment, leveraging the “dataverse” to visualize and simplify DAO member investment decisions. DeFi may leverage the Metaverse to reach the next level, NFT Pool Tokens allow community members to diversify their holdings and gain exposure to multiple virtual worlds.

00:00 intro

00:23 founder of metagame hub DAO

10:54 What’s your current state of the art?

11:28 How to participate in your DAO?

21:21 Understand anything about crypto?

22:14 You are currently focusing on nft curating?

22:49 What is upcoming this year?

28:03 In the future basically acquire nft pool tokens

28:35 IP nft wants to launch officially in 2022.

32:02 In your current community

39:15 Happy for development and metaverse summit.

40:03 Updated the news and development in 2022

Session hosted by:

Yingzi Yuan / https://www.linkedin.com/in/yuanyingzi/

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Metaverse Blog Metaverse News

[Metaverse News] Coinbase : 10 Predictions for Web3 and the Cryptoeconomy for 2022

Coinbase published a prediction of 2022. It has mentioned the potential of NFT , DAO, end of march of web2 companies towards Web3. This article is originally published here, By Surojit Chatterjee, Chief Product Officer

2021 proved to be a breakout year for crypto with BTC price gaining almost 70% yoy, Defi hitting $150B in value locked, and NFTs emerging as a new category. Here’s my view through the crystal ball into 2022 and what it holds for our industry:

1. Eth scalability will improve, but newer L1 chains will see substantial growth — As we welcome the next hundred million users to crypto and Web3, scalability challenges for Eth are likely to grow. I am optimistic about improvements in Eth scalability with the emergence of Eth2 and many L2 rollups. Traction of Solana, Avalanche and other L1 chains shows that we’ll live in a multi-chain world in the future. We’re also going to see newer L1 chains emerge that focus on specific use cases such as gaming or social media.

2. There will be significant usability improvements in L1-L2 bridges — As more L1 networks gain traction and L2s become bigger, our industry will desperately seek improvements in speed and usability of cross-L1 and L1-L2 bridges. We’re likely to see interesting developments in usability of bridges in the coming year.

3. Zero knowledge proof technology will get increased traction — 2021 saw protocols like ZkSync and Starknet beginning to get traction. As L1 chains get clogged with increased usage, ZK-rollup technology will attract both investor and user attention. We’ll see new privacy-centric use cases emerge, including privacy-safe applications, and gaming models that have privacy built into the core. This may also bring in more regulator attention to crypto as KYC/AML could be a real challenge in privacy centric networks.

4. Regulated Defi and emergence of on-chain KYC attestation — Many Defi protocols will embrace regulation and will create separate KYC user pools. Decentralized identity and on-chain KYC attestation services will play key roles in connecting users’ real identity with Defi wallet endpoints. We’ll see more acceptance of ENS type addresses, and new systems from cross chain name resolution will emerge.

5. Institutions will play a much bigger role in Defi participation — Institutions are increasingly interested in participating in Defi. For starters, institutions are attracted to higher than average interest-based returns compared to traditional financial products. Also, cost reduction in providing financial services using Defi opens up interesting opportunities for institutions. However, they are still hesitant to participate in Defi. Institutions want to confirm that they are only transacting with known counterparties that have completed a KYC process. Growth of regulated Defi and on-chain KYC attestation will help institutions gain confidence in Defi.

6. Defi insurance will emerge — As Defi proliferates, it also becomes the target of security hacks. According to London-based firm Elliptic, total value lost by Defi exploits in 2021 totaled over $10B. To protect users from hacks, viable insurance protocols guaranteeing users’ funds against security breaches will emerge in 2022.

7. NFT Based Communities will give material competition to Web 2.0 social networks — NFTs will continue to expand in how they are perceived. We’ll see creator tokens or fan tokens take more of a first class seat. NFTs will become the next evolution of users’ digital identity and passport to the metaverse. Users will come together in small and diverse communities based on types of NFTs they own. User created metaverses will be the future of social networks and will start threatening the advertising driven centralized versions of social networks of today.

8. Brands will start actively participating in the metaverse and NFTs — Many brands are realizing that NFTs are great vehicles for brand marketing and establishing brand loyalty. Coca-Cola, Campbell’s, Dolce & Gabbana and Charmin released NFT collectibles in 2021. Adidas recently launched a new metaverse project with Bored Ape Yacht Club. We’re likely to see more interesting brand marketing initiatives using NFTs. NFTs and the metaverse will become the new Instagram for brands. And just like on Instagram, many brands may start as NFT native. We’ll also see many more celebrities jumping in the bandwagon and using NFTs to enhance their personal brand.

9. Web2 companies will wake up and will try to get into Web3 — We’re already seeing this with Facebook trying to recast itself as a Web3 company. We’re likely to see other big Web2 companies dipping their toes into Web3 and metaverse in 2022. However, many of them are likely to create centralized and closed network versions of the metaverse.

10. Time for DAO 2.0 — We’ll see DAOs become more mature and mainstream. More people will join DAOs, prompting a change in definition of employment — never receiving a formal offer letter, accepting tokens instead of or along with fixed salaries, and working in multiple DAO projects at the same time. DAOs will also confront new challenges in terms of figuring out how to do M&A, run payroll and benefits, and coordinate activities in larger and larger organizations. We’ll see a plethora of tools emerge to help DAOs execute with efficiency. Many DAOs will also figure out how to interact with traditional Web2 companies. We’re likely to see regulators taking more interest in DAOs and make an attempt to educate themselves on how DAOs work.

Thanks to our customers and the ecosystem for an incredible 2021. Looking forward to another year of building the foundations for Web3. Wagmi.