Thursday, April 25, 2024

Here’s how the World Economic Forum jumps into the Metaverse – Davos 2023

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Web3 and the metaverse have been given a seat at the World Economic Forum (WEF) table in 2023 as the ecosystem continues to drive innovation across industries.

As Cointelegraph continues to explore the WEF, the existence of the cryptocurrency and blockchain ecosystem is found to be essentially outside the forum walls. Blockchain Hub Davos and the World Blockchain Business Council’s “Blockchain Central” were two major events in town that brought together the broader crypto community that had been somewhat left out of the WEF discourse on the sector.

The metaverse is a notable exception. While some metaverse applications do not run on decentralized blockchain systems, key proponents of the space have participated in high-profile workshops within the WEF looking to understand and plan for future integration of the innovative technology.