Navigating the Next Evolution of the Web3 Space
As part of Echelon Philippines 2024, a panel titled ‘Navigating the Next Evolution of the Web3 Space’, moderated by Luis Buenaventura, Assistant Vice President at GCash, featured Toffer Briones, Country Managing Director at Block Dojo; Nichel Gaba, CEO and Founder of PDAX; and Beryl Li, Co-Founder of Yield Guild Games (YGG). The discussion focused on the evolving Web3 landscape, emerging trends, and expectations for the next 18 months.
The discussion highlighted the importance of expanding Web3 applications beyond traditional use cases like gaming. The panel emphasised the potential of blockchain and tokenisation to address real-world challenges, such as improving access to financial instruments and enabling the democratisation of economic opportunities. The tokenisation of real-world assets, including government bonds, was identified as a key area that could enhance financial inclusion and accessibility.
Also Read: Echelon Philippines 2024: The funding landscape for Filipino startups
Innovation in early-stage ventures was also explored, with the panel underlining the value of startups solving practical problems through blockchain technology. User experience emerged as a critical factor, with the panel agreeing that simplified and impactful applications are essential for mainstream adoption of Web3 tools and platforms.
The session closed on a forward-looking note, projecting significant advancements in decentralised models and their integration into everyday systems. With a focus on practical, user-centric approaches, the Web3 space is set to evolve rapidly, creating new opportunities for individuals and businesses alike.
This panel showcased how the ecosystem is gearing up to align technological progress with tangible societal benefits, setting the stage for its next phase of growth.
Watch the session video above to learn more about these insights and the strategies shaping the future of entrepreneurship.
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