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Entrepreneur’s W3Summit held on March 13 & 14, 2023, in Bangalore, powered by Akshaya.io, was a groundbreaking event that showcased the latest in Web 3.0, Metaverse, and Blockchain technologies. The summit was attended by distinguished experts, investors, venture capitalists, entrepreneurs, and enthusiasts, from around the world, who presented sessions and held one-on-one meetings to explore new opportunities.

One of the most remarkable features of the W3 Summit was the use of Metaverse technology from Akshaya.io and Metalok which provided attendees with an immersive conference experience, emulating the physical conference through Digital Twin Technology. The Metaverse is a virtual world that allows users to interact with each other in a three-dimensional space, providing a unique and engaging way to attend conferences, trade shows, and other events. This advanced virtual reality technology allows for realistic environments, replicating the ambiance and the atmosphere of a traditional conference, with features such as spatial audio, attendees can engage in real-time conversations with other participants, creating a sense of community and connection.

Link: https://www.spatial.io/s/Entrepreneur-Web-3-0-Summit-powered-by-Akshaya-Metalok-640b273f420342d550d3d436?share=441682595318771889

Here are some of the benefits of the Metaverse that were highlighted at the W3 Summit:
The Metaverse provided attendees with a glimpse of how the future of conferences would look, with its 3D environments and immersive experiences. The Metaverse provided numerous benefits for attendees, including the ability to attend from anywhere in the world without having to travel. The Metaverse also allowed attendees to attend multiple sessions simultaneously, providing a more comprehensive conference experience.

But that’s not all. In a move that further demonstrates the cutting-edge nature of this event, all conference-goers received a POAP NFT (Proof of Attendance Protocol Non-Fungible Token) as a token of appreciation for attending. These unique digital utility-based tokens serve as proof of attendance and can be used to access exclusive benefits and perks that will be airdropped from time to time. Moreover, the POAP NFT was gamified for the attendees to compete with each other to earn more points to reach Diamond, Gold, Silver, and Bronze levels.

One of the key takeaways from the W3 Summit was the potential for the Metaverse to provide even more engagement in the future. As the technology continues to evolve, it is expected to become even more immersive and interactive, providing attendees with an even more engaging conference experience.

Exhibitors at the W3 Summit also benefited from the Metaverse, as it allowed them to showcase their products and services in a more engaging and interactive way. Exhibitors could create virtual booths that attendees could visit, allowing them to interact with exhibitors and learn more about their offerings. Speakers at the W3 Summit also benefited from the Metaverse, as it allowed them to deliver their presentations in an immersive and engaging way.
“We’re thrilled to be launching the world’s first digital twin of a live conference in the Metaverse,” said Ganesh Raju, CEO of Akshaya.io, who has built the web3 NFT and Metaverse platform.

Overall, the Metaverse was a highlight of the W3 Summit, providing attendees with an immersive and engaging conference experience that was unlike any other. With its numerous benefits and potential for future engagement, the Metaverse is expected to become the next conference platform, revolutionizing the way we attend conferences, trade shows, and other events. In the future the Metaverse will allow attendees with virtual networking opportunities, allowing them to connect with other attendees and speakers in real-time. Attendees could chat with each other, exchange contact information, and set up follow-up meetings, to provide a more comprehensive and interactive conference experience. Having a digital twin also gave attendees a better understanding of the venue layout prior to the conference, making navigation much easier during the event.

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