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Web3 Carnival 2023: Unveiling the Future of Web3 in Bangalore

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7 Days, 7 Wonders: A Week of Spectacular Conferences

-Unveiling the Next Frontier of Technology and Innovation in Bangalore

-Web3 Carnival in Bangalore is set to be India’s premier Web3 event, expecting a crowd of over 5,000 attendees

Bangalore, 22nd November 2023: The highly anticipated Web3 Carnival 2023 is poised to captivate Bangalore from December 4 to December 10, 2023, at Palm Meadows Resort in Whitefield. This groundbreaking event promises a dynamic fusion of innovation and empowerment, nurturing a vibrant and inclusive Web3 community.

It’s a 7 day-7 conference, part of India Blockchain Week, where each day unveils a new dimension of the Web3 universe, spanning from the core of blockchain to the mesmerizing metaverse, from the financial revolution of DeFi to the enchantment of NFTs and GameFi.

With an impactful theme of Women Empowerment and Catalyzing Decentralized Startup Growth, Web3 Carnival brings together top industry experts, developers, investors, and enthusiasts for a seven-day celebration of all things Web3.

The Founders & Advisors of Web3 Carnival express their excitement, stating, “We’re thrilled to witness the success of this event, where the global Web3 community gathers to explore the forefront of technology and innovation. Our aim in organizing the Web3 Carnival is to nurture global collaborations, celebrate cultural diversity, and empower an ecosystem of innovation within the Web3 Community.”

 

Here are the Event Highlights:

Day 1: All about Blockchain Infrastructure, and Kick-off Party: The first day is dedicated to the decentralized world, the blockchain technology, and the foundation it sets for the Web3. Connect with people and celebrate the start of the journey at the Kick-off party.

 

Day 2: DAO and Governance, and Culture Evening: Indian Cuisine

Unfold the secrets of DAOs and how it is reshaping the industries and communities. Later in the evening, treat your taste buds with authentic Indian cuisine.

 

Day 3: Metaverse, GameFi, Demo Night, and Fundraising: Explore the realm of the metaverse and GemiFi and their future impacts. Witness the live demos of groundbreaking technologies that are shaping the future.

 

Day 4: ZK & Security and Awards Night: Embark on the journey to explore various safeguarding mechanisms that strengthen Web3’s trust architecture. Later in the evening, join award night to recognize the trailblazers pushing the boundaries of tech and innovation.

 

Day 5: CeFi, DeFi, Staking, and Web3 Prop Party : Discover the power of CeFi, DeFi, and staking and how they transform the finance industry. Join the web3 prop party to immerse yourself in the festivities.

 

Day 6: Enterprise Blockchain and NFT Art Culture Exhibition Night: Explore the transformative potential of enterprise blockchain solutions and discover the significant intersection of art and technology at NFT Art Culture Exhibition Night.

 

Day 7: NFT & Utilities and EDM Closing Party: Explore how digital arts, collectibles, and utility tokens converge to redefine ownership and values. And later at night, bid farewell to the grand Web3 event of the year.

 

To buy your passes for Web3Carnival – https://www.web3carnival.world/buy-ticket

To register yourself for the Web3Carnival Awards, register here: https://tally.so/r/wL7Og1

 

Over 90+ Panel Discussions, 200+ Speakers, 250+ Web3 projects, 300+ Investors & 10,000+ global attendees will be part of the week-long conference including Web3 developers, tech enthusiasts, regulators, entrepreneurs, investors, and visionaries worldwide. A few renowned Web3 ecosystems such as Soulverse, Outdefine, 

 

MasterCard, Coinbase, and AWS will grace the event, ensuring a journey of unparalleled innovation and discovery in the Web3 universe.

 

About Web3 Carnival:

Web3 Carnival is a premier event that brings together pioneers, innovators, and enthusiasts to explore and celebrate the advancements in the Web3 ecosystem. With a vision of creating an inclusive community, Web3 Carnival aims to shape the future of technology and empower individuals in the digital age.

 

About Giakaa 

Giakaa spearheads a seamless digital evolution from Web2 to Web3, empowering clients to navigate this transformative shift effortlessly. Giakaa is committed to harnessing blockchain, NFTs, and decentralized technologies to revolutionize industries and redefine user experiences. Embracing change’s power, we steer clients toward a future where the boundless potential of Web3 is fully realized, creating a decentralized, interconnected world, unlocking new opportunities and shared success. 

 

About Threeway Studio

Threeway Studio stands at the forefront as the world’s leading comprehensive Blockchain Solution Company. Its proficiency in BaaS & GaaS (Blockchain & Growth as a Service) empowers the crafting of cutting-edge solutions, propelling our clients to new heights. Over recent years, the team of Decentralised Digeratis has been dedicated to assisting individuals and businesses in seamlessly transitioning from the traditional Web2 framework to the pioneering Web3 paradigm.

 

For more information and continued updates on WEB3 CARNIVAL Bangalore, please visit: https://www.web3carnival.world/

 

Garima Bakshi

+91-9711034797

PR Speacialist 

Web3carnival

https://www.web3carnival.world/



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Cryptocurrency Market Update: Bitcoin Slips Below $70,000 Amidst High Liquidation

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In a swift turn of events, Bitcoin (BTC), the pioneering cryptocurrency, dropped below the $70,000 threshold early on Wednesday following a wave of investor sell-offs. Just a day prior, Bitcoin had crossed the $71,000 mark, but market sentiment swiftly shifted, dragging other major altcoins—including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC)—into the red zone.

According to CoinMarketCap data, the overall Market Fear & Greed Index stood at 75 (Greed) out of 100, indicating a mix of optimism and apprehension among traders. Notably, the Bittensor (TAO) token emerged as the top gainer with a remarkable 24-hour surge of over 7 percent, while dogwifhat (WIF) experienced the largest loss, plummeting nearly 16 percent.

Bitcoin (BTC) Price Update Bitcoin’s price tumbled to $69,089.01, marking a 24-hour dip of 3.05 percent, as reported by CoinMarketCap. On the Indian exchange WazirX, BTC was priced at Rs 60.93 lakh.

Other Major Cryptocurrencies Ethereum (ETH) saw a 24-hour loss of 4.81 percent, trading at $3,508.86, while Dogecoin (DOGE) registered a dip of 5.59 percent, currently priced at $0.1879. Litecoin (LTC) and Ripple (XRP) also experienced losses, with Solana (SOL) marking a 24-hour loss of 3.44 percent.

Top Gainers and Losers Bittensor (TAO) led the pack of gainers with a 7.30 percent surge, while dogwifhat (WIF) suffered the most significant loss, dropping by 15.58 percent.

Market Analysis and Expert Insights Experts weighed in on the market scenario, attributing Bitcoin’s downturn to heightened liquidations and cautious sentiment ahead of the upcoming US CPI data release. While Bitcoin’s immediate support rests at $67,700, resistance is expected at $70,400. Ethereum proponents face challenges amid hopes for an ETF approval, with the SEC providing limited updates on the matter.

Final Thoughts The cryptocurrency market remains highly dynamic, with prices fluctuating rapidly and investor sentiment playing a pivotal role. As the market navigates through volatility, it’s essential for investors to stay informed, exercise caution, and seek expert advice before making any investment decisions.

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Cryptocurrency: A Scapegoat for Foreign Policy Failures?

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Cryptocurrency has once again found itself at the center of a heated debate, this time regarding its alleged role in facilitating illicit activities and circumventing sanctions imposed by the United States. The Biden administration, in particular, has come under scrutiny for its handling of the issue, with some accusing it of using digital assets as a convenient scapegoat for broader foreign policy shortcomings.

In a recent hearing before the Senate Banking Committee, Deputy Treasury Secretary Wally Adeyemo raised concerns about the misuse of cryptocurrencies by foreign adversaries such as Iran, Russia, North Korea, and militant groups like Hamas. Adeyemo’s remarks underscored a growing unease within the U.S. government regarding the potential national security implications of unregulated digital currencies.

However, voices from within the cryptocurrency industry and Congress have pushed back against the administration’s narrative. Faryar Shirzad, Chief Policy Officer at Coinbase, one of the leading cryptocurrency exchanges, pointed out that the prevalence of illicit activity in the crypto space is relatively low compared to traditional finance. Instead of demonizing cryptocurrencies, Shirzad argued, the focus should be on targeting bad actors operating offshore.

Senator Tim Scott, the ranking Republican on the Senate Banking Committee, echoed these sentiments, accusing the Biden administration of using digital assets as a distraction from its failure to effectively combat financial flows to sanctioned entities. Scott’s criticism reflects broader skepticism among some lawmakers about the government’s approach to regulating cryptocurrencies.

One area of potential agreement between the Biden administration and the cryptocurrency industry is the need for clearer regulations governing stablecoins, a type of digital asset pegged to a fiat currency like the U.S. dollar. Both sides recognize the importance of addressing the potential risks associated with stablecoin issuance and usage, particularly in the context of national security and financial stability.

The debate over stablecoins has intensified following reports of their alleged role in facilitating illicit transactions, including those linked to Russia’s war effort in Ukraine. The Treasury Department has called for increased oversight of stablecoin issuers and transactions, while also advocating for legislation that would subject them to stricter regulatory standards.

Despite the contentious nature of the discussion, there are signs of bipartisan cooperation on certain aspects of cryptocurrency regulation. A bipartisan bill addressing stablecoin regulation passed the House Financial Services Committee last year, signaling a potential path forward for legislative action in this area.

As the debate over cryptocurrency regulation continues to unfold, it is clear that finding the right balance between innovation and security will be paramount. While concerns about illicit activity and national security must be addressed, policymakers must also recognize the potential benefits of cryptocurrencies in fostering financial inclusion and technological advancement.

Ultimately, the resolution of these issues will require thoughtful collaboration between government officials, industry stakeholders, and lawmakers to develop a regulatory framework that promotes innovation while safeguarding against misuse. Only through constructive dialogue and cooperation can we ensure that cryptocurrencies fulfill their potential as a force for positive change in the global economy.

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Bitcoin Resurgence: Why Wall Street Is Embracing the Crypto Revolution

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Andrew Pratt of Wiser Wealth Management in Marietta, Ga., finds little resistance as he proposes Bitcoin investments to his firm’s committee. With Bitcoin surging 140% in the past year and backed by giants like BlackRock, skepticism has waned. Pratt sees the potential to allocate a modest 1% of client portfolios to Bitcoin, acknowledging the limited downside risk compared to potential gains.

The debate over Bitcoin’s intrinsic value seems to have lost its relevance amidst its soaring market performance. Once dismissed, Bitcoin now boasts a market value of $1.3 trillion, driving the total crypto market to $2.5 trillion. Wall Street, once wary, now views cryptocurrency as an opportunity for profit rather than a speculative venture.

Despite lingering doubts about Bitcoin’s utility beyond speculation, Wall Street executives are increasingly supportive. BlackRock’s CEO, Larry Fink, notably reversed his stance, endorsing Bitcoin’s long-term prospects and championing the iShares Bitcoin Trust, now one of the largest Bitcoin ETFs with nearly $18 billion in assets.

While skepticism persists about Bitcoin’s status as a real asset or currency, its growing acceptance on Wall Street underscores the evolving landscape of finance. As institutions embrace cryptocurrencies, Bitcoin’s journey from pariah to portfolio asset highlights the transformative power of digital assets in reshaping traditional investment strategies.

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