2022 — The year that Web3 will never forget

2022 — The year that Web3 will never forget
Cryptocurrency News
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It’s hard to believe that 2022 is the year that saw NFTs being sold for hundreds of millions of dollars and Bitcoin reaching all-time highs of around $60,000. Simultaneously, Several crypto firms have collapsed, including the vile meltdown of ftx, Bitcoin has dropped to $16,000, erasing hundreds of billions of dollars of crypto market capitalization. 2022 is just a year which the web3 world will never forget.

We saw a lot of declines in 2022. However, there are also many positive things that have happened to the web3 world as well. Unstable businesses like three capital arrows, the luna token and ftx have gone bankrupt and have been taken out of the ecosystem. This has enabled the industry to grow by focusing on compliance. In addition, this process emphasized the importance of providing functional utilities via tokens and NFT in web3. 

This is why metavsummit continues to attract web3 and metaverse manufacturers to Dubai's investors and strategic partners as a priority. Metavsummit has demonstrated to the world that business gamification through virtual reality, augmented reality and ETFs is a necessary added value for customers that make the experience enjoyable and memorable.

By uniting the best companies in the industry Web3 and Metaverse in Dubai as Undeads, Gaia Everworld, Metaverseand Hippocampe dancing, the world can better understand how business is going to take place in the future. In addition, the event continues to contribute to the construction of a sustainable and long-term industry that allows a truly decentralised technology for our world.

Metavsummit is slated for Jan. 11 and 12, 2023. Contact via email for further information.