San Francisco, June 2, 2023 - <a href="https://www.tech-week.com" rel="noopener noreferrer nofollow">TechWeek</a> 2023 brought together over 150 attendees at the ServiceNow office for a captivating event delving deep into the world of Web3 venture capital, grants, and investment opportunities. Esteemed organizations such as <a href="https://www.linkedin.com/company/servicenow/" rel="noopener noreferrer nofollow">ServiceNow</a>, <a href="https://www.linkedin.com/company/hashgraph/" rel="noopener noreferrer nofollow">Hedera</a>, <a href="https://www.linkedin.com/company/altalab-io" rel="noopener noreferrer nofollow">ALTA</a>, <a href="https://www.linkedin.com/company/okxofficial/" rel="noopener noreferrer nofollow">OKX</a>, <a href="https://www.linkedin.com/company/punja-global-ventures/" rel="noopener noreferrer nofollow">Punja VC</a>, <a href="https://www.linkedin.com/company/enyalabs/" rel="noopener noreferrer nofollow">Enya Labs,</a> <a href="https://www.linkedin.com/company/virtualnessio/" rel="noopener noreferrer nofollow">Virtualness</a>, and <a href="https://www.linkedin.com/company/orbis86/" rel="noopener noreferrer nofollow">Orbis86</a> graced the stage, captivating the audience with their expertise and insights.The enthusiasm and unwavering engagement from all participants showcased the resilience of developers who continue to build in a bearish market, especially within the realm of Web3. The event fostered discussions on upcoming trends in the cryptocurrency market and the future integration of AI within the industry.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0c00fa937a9b4d3ca95974ccbf432252.png" /><blockquote><a href="https://www.linkedin.com/in/yar-hodl/" rel="noopener noreferrer nofollow">Yaroslav Ivanov</a>, the Chief Visionary Officer at <a href="https://www.altalab.io" rel="noopener noreferrer nofollow">ALTA</a>, highlighted the importance of regulatory support for the Web3 industry, emphasizing that &#34;regulation should support rather than destroy&#34; this innovative sector. His words echoed the sentiment shared by attendees, particularly in light of recent events, such as <a href="https://www.coinbase.com" rel="noopener noreferrer nofollow">Coinbase&#39;s</a> plans to move out of the US due to unforeseeable actions by the <a href="https://www.sec.gov" rel="noopener noreferrer nofollow">SEC</a>.</blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/74342978e945498cbcb5dc55a54dae38.jpg" /><a href="https://www.linkedin.com/in/soniyaahuja/" rel="noopener noreferrer nofollow">Soniya Ahuja</a>, Founder &amp; CEO at <a href="https://orbis86.com" rel="noopener noreferrer nofollow">Orbis86</a>, played a pivotal role in organizing and inviting industry experts, further enriching the event with diverse perspectives.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4400ffa2365649d9be63aefc62dacd26.png" /><blockquote><a href="https://www.linkedin.com/in/chris-kelly-b5b4/?utm_source&#61;Press&#43;Release&amp;utm_medium&#61;Press&#43;Release&amp;utm_term&#61;WEB3&#43;Investors&#43;and&#43;Founders&#43;&amp;utm_content&#61;SF&#43;TECH&#43;WEEK" rel="noopener noreferrer nofollow">Chris Kelly,</a> an Investor at <a href="https://www.alchemy.com/?utm_source&#61;Press&#43;Release&amp;utm_medium&#61;Press&#43;Release&amp;utm_term&#61;WEB3&#43;Investors&#43;and&#43;Founders&#43;&amp;utm_content&#61;SF&#43;TECH&#43;WEEK" rel="noopener noreferrer nofollow">Alchemy</a>, stated, &#34;The evolving regulatory landscape and the importance of compliance cannot be overstated when it comes to blockchain ventures. I am particularly intrigued by the remarkable advancements happening in Singapore and other Asian centers, as they are shaping the Web3 landscape in significant ways. Seoul, South Korea, with its strong Web Two technology infrastructure, is also demonstrating great potential for embracing distributed trust technologies. Furthermore, Europe is making impressive strides towards entering the Web3 arena, thanks to favorable regulatory guidance that numerous companies are seriously evaluating.&#34;</blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6c74f79fe4134a82bbbbd8d44d655e04.png" /><blockquote><a href="https://www.linkedin.com/in/christianhasker/?utm_source&#61;Press&#43;Release&amp;utm_medium&#61;Press&#43;Release&amp;utm_term&#61;WEB3&#43;Investors&#43;and&#43;Founders&#43;&amp;utm_content&#61;SF&#43;TECH&#43;WEEK" rel="noopener noreferrer nofollow">Christian Hasker,</a> CMO at <a href="https://hedera.com/?utm_source&#61;Press&#43;Release&amp;utm_medium&#61;Press&#43;Release&amp;utm_term&#61;WEB3&#43;Investors&#43;and&#43;Founders&#43;&amp;utm_content&#61;SF&#43;TECH&#43;WEEK" rel="noopener noreferrer nofollow">Hedera</a>, shared valuable insights on the two significant Hype cycles within Web3, stating, &#34;We have identified two significant Hype cycles in the Web3 space - DeFi and NFTs. Large enterprises are now actively exploring the potential of these cycles, with banks showing keen interest in DeFi and stable coins for real-time settlement, while brands are wholeheartedly embracing NFTs to enhance consumer engagement and cultivate loyalty.&#34;</blockquote><blockquote><a href="https://www.linkedin.com/in/christianhasker" rel="noopener noreferrer nofollow">Hasker</a> also emphasized the increasing significance of sustainability within the industry, saying, &#34;Sustainability is now a key focus, empowering enterprises to mint carbon emissions tokens and offset them using carbon offsets on the same protocol.&#34; However, he highlighted that trust is built on addressing the data problem, adding, &#34;To establish a solid foundation of trust, independent verification plays a crucial role, as central databases often fall short in this regard.&#34;</blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ff72be312af14958bb0e3ae7e4d72764.png" /><blockquote>&#34;Web3 presents an incredible opportunity for startups and entrepreneurs to tap into a dynamic ecosystem. At OKX Ventures, we believe in supporting the next wave of innovation by providing strategic investments and fostering business synergies. As we bridge the gap between the centralized exchange side and the Web Three space, we are excited to empower visionary entrepreneurs and contribute to the growth of this transformative technology.&#34;  - <a href="https://www.linkedin.com/in/paigexu/" rel="noopener noreferrer nofollow">Paige Xu</a>, Investment Manager, <a href="https://www.okx.com/ventures" rel="noopener noreferrer nofollow">OKX Ventures</a></blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8f643e1bb2594bdb84558a0fda526bae.png" /><blockquote>&#34;I believe in the power of innovation and entrepreneurship to drive positive change. At Punja.vc, we are dedicated to supporting and nurturing visionary founders who are solving real-world problems with disruptive ideas. We strive to create an ecosystem where ideas can flourish, and where entrepreneurs can access the resources and guidance, they need to make a lasting impact on society.&#34; - <a href="https://www.linkedin.com/in/manmeet-singh-bhasin-b313741/" rel="noopener noreferrer nofollow">Manmeet Singh Bhasin</a>, Founder &amp; Managing Partner, <a href="https://www.linkedin.com/company/punja-global-ventures/" rel="noopener noreferrer nofollow">Punja.vc</a></blockquote><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9feb4ab9e14349c4b51edda411d4411a.png" />The widespread adoption of Web3 is expedited when enterprises build on Web3. <a href="https://www.linkedin.com/in/shuchirana/" rel="noopener noreferrer nofollow">Shuchi Rana</a> from <a href="https://www.linkedin.com/company/servicenow/" rel="noopener noreferrer nofollow">ServiceNow</a> Ventures, sits on the Governing Council of Hedera where they focus on ESG. Strategic partnerships like these will help advance Web3 adoption. Other Hedera Governing Council Members include Google, Boeing, IBM, Dell, TCS amongst 28 total seats. Shuchi moderated this stellar panel of Web3 investors.#TechWeek 2023&#39;s Web3 Investment Panel with ALTA - Blockchain Laboratory proved to be an enlightening and inspiring event, shaping the future of Web3 venture capital, grants, and investments. Attendees left with a profound understanding of the industry&#39;s dynamics and a renewed sense of optimism for the possibilities that lie ahead.

SF TechWeek Web3 Trends & Insights: Investment Panel with ALTA - Blockchain Laboratory

ALTA

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