Everyone must have heard of Web3 and the Metaverse. Not only are they discussed in professional circles, but even tabloids have reported on them. However, the reason why tabloids are successful is that they only report negative events and like to exaggerate negative events.

Web3 provides us with many new experiences and possibilities, from NFTs to virtual experiences, learning and education, and the connection of real and virtual spaces.

What is Web3?

“The concept of Web 3.0 was coined by Ethereum co-founder Gavin Wood shortly after Ethereum launched in 2014. Gavin proposed a solution to what many early cryptocurrency adopters saw as a problem: the Web required too much trust. That is, most of the Web that people know and use today relies on trusting a small number of private companies to act in the best interest of the public.”

Web3 is not clearly defined, but the following basic principles apply:

  • Decentralization — Creators are Owners

  • No rights – no one is excluded

  • Local payment methods – not the outdated infrastructure of banks and payment providers

  • It doesn’t require trust — it works with incentives

In web3, when someone creates or buys something and it becomes their property, they own it.

If you buy an in-game item in a game on web2, you can use it in that game for as long as that game exists.

In web3 it belongs to you, you can use it throughout web3, NFT makes this ownership possible, you can also sell or trade it again.​

What is the Metaverse?

The term metaverse first appeared in Neal Stephenson’s 1991 science fiction novel Snow Crash, in which the author described the metaverse as a global virtual reality in which people move around as avatars.

The basic definition of the metaverse “remains elusive, fanciful and decades away,” said venture capitalist Matthew Ball, who also published the 2020 article.

Stefan Luber defines the Metaverse as “a vision of a shared online world in which virtual, augmented reality and the physical world merge together, with a wide range of interaction possibilities for users, who bring their digital identities with them in a Movement in a public virtual space with no internal boundaries.”

So, you can really think of it as a virtual reality where you can move your digital identity.

Why are these organizations ranked in the top 10 in Switzerland?

In order to create a list of the most important web3 organizations in Switzerland, which had to be evaluated using a number of criteria, these organizations had to be registered in Switzerland, operate, have an active website, be active in the web3 sphere and bring added value to everyone in web3.​

Why Switzerland? Because the laws here provide legal certainty to companies in the blockchain space and have created a broad-based ecosystem.

"Regulation is a benefit, not a bug" has been partially implemented in Switzerland and I personally feel the organizations mentioned are important in web3, but this is not a ranking.

Ethereum Foundation

The Ethereum Foundation is a non-profit organization that supports the development of the Ethereum blockchain and applications within that ecosystem, Ethereum is a tier-one blockchain that supports smart contracts and NFTs.

Founder Vitalik Buterin, a household name to anyone in the blockchain or crypto space, has been in the news a lot lately as Ethereum has transitioned from proof-of-work to proof-of-stake, which requires less energy.

Metaverse Talks

MetaverseTalks is a leading platform where metaverse and NFT thought leaders and interested parties come together to promote and disseminate ideas globally.

MetaverseTalks was founded by David Bundi and Cedric Ming to make the metaverse accessible to everyone, all activities can be found on the MetaverseTalks website, for their activities they allow people from the web3 environment to share their knowledge with others.

A very special mini-event at the unpaired.gallery in Zug was the MetaverseTalk, with participants such as David Bundi, Cedric Ming, Judith Seipold, Denes Robert Fantasny and Georg Lanzinger, who gave an in-depth look into the world of NFTs during a panel discussion and fireside chat.

Kuble

Kuble develops a 360° Web3 strategy where NFTs, metaverse, community, gamification, governance and tokenomics, and web2 can be important components.

They are agnostic as far as the Metaverse is concerned, conceptualizing 3D models and programs for both centralized and decentralized Metaverses where possible.

They build gamification and wearables that integrate NFTs into Metaverse experiences or implement NFT use cases without the Metaverse.

Cosmos

Cosmos is an open source project that aims to build a decentralized network of independent blockchains that can interoperate with each other.

The Cosmos project, based in Zug, Switzerland, has a proof-of-stake blockchain with ATOM tokens that can be tokenized and rewarded with ATOM.

Cosmos founders Jae Kwon and Ethan Buchman first met at the CryptoEconomicon conference in Silicon Valley in 2015 and began developing Cosmos.

Dfinity

Dfinity is a non-profit organization dedicated to developing decentralized cloud computing platforms. The foundation is headquartered in Zurich and was founded in Palo Alto in 2016 by Dominic Williams.

The goal of Dfinity is to create a huge virtual computer consisting of a decentralized network of computers connected by blockchain. Based on this cloud, applications, called “mega apps”, will be created in the future.

One of them is LinkedUp, an open source alternative to LinkedIn.

Defire

There are many podcasts out there, but Defire is a Swiss podcast in English that deals with web3, regularly interviews interesting people, and is also quite successful, so I can recommend this one.

A new podcast appears about every 2 weeks, with very diverse topics, current ones like SBF or NFT trading.

He interviews NFT experts like Fulowa, covering topics like security or how to keep your Bitcoin safe using a hardware wallet.

Casper Labs

Casper Blockchain is the first real-time proof-of-stake blockchain based on the Casper CBC specification. Casper aims to accelerate the adoption of blockchain technology by enterprises and developers and adapt to future user needs.

Headquartered in Chug, it was founded in 2018 by Medha Parlikar and Mrinal Manohar.

Casper has some of the best examples to its credit, and Metacask is a digital marketplace for fine whiskey running on Casper.

As mentioned at the beginning, these are just a few of the many great web3 organizations in Switzerland, please contact me if you think of a specific organization that should be mentioned here.

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