Web3.0

Boosting Japan's Web3 Industry Through Tax Reforms

Wednesday. August 28 at 9:30 PM

1 min. read

Japan aims to enhance its local Web3 sector by introducing tax reforms to support startup growth. Minister Takeru Saito highlighted the significance of Web3 technology and Japan's potential in the blockchain industry at the WebX Conference. The government plans to attract global businesses and developers by creating a favorable environment through tax incentives. Prime Minister Fumio Kishida also emphasized the role of Web3 and blockchain in addressing societal challenges. A survey by Nomura Holdings and Laser Digital revealed a growing interest among Japanese institutional investors in crypto assets. The respondents viewed crypto as a means to diversify portfolios, hedge against inflation, and achieve high returns. The positive sentiment towards crypto assets indicates a promising future for Japan's crypto landscape, driven by developments in ETFs, investment trusts, and staking options.

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The Convergence of Data, AI, and Blockchain in Web3

Friday. September 13 at 7:00 PM

In a recent episode of Cointelegraph’s Hashing It Out podcast, Chris Feng, co-founder and COO of Chainbase, discusses the evolving role of data and AI in the blockchain ecosystem. Onchain data is now seen as a valuable asset beyond transaction records, driving innovation in Web3. Feng emphasizes the importance of robust data infrastructure to support this shift, with Chainbase providing high-quality data for precise Web3 applications. The discussion also highlights the impact of AI on businesses, with blockchain ensuring data transparency and trust. Chainbase converts blockchain data into actionable insights for AI applications, shaping the future of Web3 platforms. This episode explores the intersection of data, AI, and blockchain, paving the way for technological advancements in Web3. For more insightful podcasts, visit Cointelegraph’s Podcasts page.

Web3.0

Optimism Among Web3 Professionals

Tuesday. September 10 at 7:00 PM

Despite regulatory uncertainty ahead of the 2024 US presidential election, over 86% of Web3 professionals are optimistic about the industry's future, as per a Consensys report. The optimism stems from the belief that Web3 offers the potential for professionals to make a meaningful impact in the world. A significant portion of the workforce remains employed in Web3 due to the promising prospects of blockchain technology. Interestingly, most professionals prefer to receive a combination of fiat and cryptocurrency as their salary. The survey, conducted by YouGov, revealed that the Web3 workforce is predominantly global, with a majority identifying as digital nomads. This lifestyle aligns well with the industry's values of decentralization and autonomy, providing new opportunities and greater control over employment status for professionals in the field.

Web3.0

The Future of Decentralization in the Web3 Economy

Friday. August 30 at 6:00 PM

Yat Siu, co-founder and chairman of Animoca Brands, emphasizes the importance of decentralization for the future of the internet. In a Talking Tokens podcast interview, Siu discusses the transition from centralized digital platforms to decentralized networks. He believes that embracing decentralization can revolutionize digital property rights, a core focus of Animoca's involvement in Web3. Siu describes the Web3 economy as the 'internet of ownership,' highlighting the value that sectors can unlock through recognized and protected ownership rights in the digital realm. Despite recognizing the challenges of this shift, particularly in education and understanding, Siu stresses the potential of networks with embedded financial opportunities. Animoca Brands, in collaboration with Standard Chartered Bank and Hong Kong Telecommunications, is participating in the HKMA stablecoin sandbox to advance Hong Kong's digital asset ecosystem and applications, working closely with regulators to shape the regulatory framework.

Web3.0

Revolutionizing Live Music Experiences with Spatial Audio at AFTER 2049

Thursday. August 29 at 7:00 AM

TOKEN2049, the largest Web3 conference, has partnered with Polygon Productions to present AFTER 2049, the closing event of the Singapore edition. Polygon Productions will use spatial audio technology to create an immersive sensory experience at Marina Bay Sands. The event will feature performances by WhoMadeWho, Da Capo, and other artists, utilizing Polygon Production's 360° sound system. This innovative audio technology, previously used by artists like deadmau5 and Katy Perry, aims to redefine live music experiences. Polygon Productions CEO, Nico Elliott, expressed excitement about the collaboration, while TOKEN2049 Founder, Raphael Strauch, highlighted the event as a glimpse into the future of live entertainment. The event's sponsors include various blockchain and digital payment companies. Tickets for AFTER 2049 have sold out rapidly, with the final release expected to sell out quickly. For more information, visit the TOKEN2049 website.

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