Paris, June 27, 2024 – Proof of Talk, the conference billed as the Davos of Web3, has confirmed its status as the preeminent event where leaders in traditional and decentralized finance come together to discuss how to shape the future of Web3.
Held at the iconic Louvre Palace Museum of Decorative Arts in Paris, the two-day, sold-out conference brought together more than 2,500 ecosystem stakeholders on June 10 and 11. These included executives and leaders from Franklin Templeton, MultiversX, Flow Traders, KKR, Polkadot, Solana Foundation, Galaxy Digital, Rhuna, Softbank Vision Fund, Layerzero and Pantera.
The summit addressed all aspects of Web3, from fashion and lifestyle to regulation, blockchain interoperability and the future of Bitcoin. A major theme was the adoption of decentralization technology in traditional finance.
The sessions and panels recognized the positive effect that recent one-time ETF approvals and increased institutional participation have had on the space, while recognizing that Web3 has not yet reached its potential.
Specifically, opportunities abound when using Web3 to improve efficiency in traditional finance. Overall, both Web3 and traditional finance can be leveraged to improve not only financial services but almost all sectors.
Europe's role in Web3 was also the subject of important debates. Here, panelists said the continent has shown steady progress, a result of regulation and a focus on the growth of emerging technologies. Still, leaders must be educated to better navigate the digital asset landscape.
Artificial Intelligence and its integration into blockchain also took center stage, as on-chain AI can provide benefits for security, transparency and privacy. In this case, verifiable AI, which seeks to establish rigorous engineering standards for AI systems, will play a key role in chaining security standards.
The crown jewel of the event was the Proof of Pitch startup competition, which combined innovative AI insights with the strategic insight of venture capital leaders such as Pantera, Spartan Group, Greenfield Capital and Arrington Capital, to find the best startups from Web3.
Thirteen finalists were entered, and cross-chain lending interoperability provider Soul emerged as the winner, winning a prize pool of over €1 million. The runners-up were Usual, a real-world asset bridge to DeFi liquidity, and AI startup Assisterr.
Zohair Dehnadi, co-founder of Proof of Talk and partner at X-Ventures: “The air at the event was electric. There were many thought-provoking discussions about how to build the future in Web3.
People from infrastructure companies and crypto exchanges to traditional asset managers, market makers and fashion brands came together to listen, learn and debate, realizing our goal of making decentralization a reality.
A big thank you to all of our sponsors and partners, who were essential in creating such an unforgettable event. I'm also very happy to officially announce that we will be back next year in June for the third edition of Proof of Talk!
Dr. Matthias Reiser, co-founder of Proof of Talk and partner at X-Ventures: “The potential usefulness of Web3 for financial services and our world is almost limitless. However, builders need to feel empowered and supported to achieve this.
Our event offered this essential element in all its sessions, discussions and workshops along with another important feature: collaboration. “We really brought together the right mix of people from Web3 and traditional finance who are interested in building a decentralized future, and I would like to extend my gratitude to everyone who attended.”
About the conversation test
Proof of Talk is setting a new standard in the Web3 conference landscape, positioning itself as not just another web3 conference but a critical forum where the promise of decentralization comes to life.
The summit uniquely combines the essence of traditional economic forums with the dynamic and decentralized Web3 community, fostering an innovative ecosystem of dialogue and action. It presents itself as a platform for change, where every voice, from the seasoned economist to the radical founder of Web3, contributes to a collective vision of a decentralized economic future.
By facilitating engaging discussions and establishing unprecedented contacts, participants are shaping this new landscape. Learn more at www.proofoftalk.io
About X Ventures
X Ventures is a Germany-based digital asset investment fund dedicated to supporting and empowering entrepreneurs in the Web3 industry. In addition to its investment activities, X Ventures founded www.xschool.io, with the goal of providing accessible education to future leaders around the world. Website: https://www.xventures.de
