According to Odaily Planet Daily, Petrix Barbosa, CEO of MATCH Chain, said at the TOKEN2049 DUBAI offline event that Web3 social networking subverts the traditional model, and digital identity enables users to experience rich social scenarios in a more open protocol, protecting data ownership and privacy. MATCH is an innovative Web3 social graph running on Cosmos, which gives users data sovereignty and provides infrastructure for Web3 developers to build novel, user-friendly DApps without permission.

The event focused on DID identity sovereignty, Web3 trusted tokenized relationships, AI-driven user experience, and connections with industry leaders. TOKEN2049 Dubai was held in Dubai from April 18 to 19, focusing on the global development of the industry and exploring extensive cooperation in the Web3 industry. It aims to bring together global Web3 industry elites and provide a platform for interaction and communication for entrepreneurs, investors, developers, industry insiders, and global media.