Crypto Updates

Here’s how the World Economic Forum leaps into the metaverse —Davos 2023

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Web3 and the metaverse were handed a seat at the table of the World Economic Forum in 2023 as the ecosystem continues to drive innovation across industries.

As Cointelegraph continues to explore, the presence of the cryptocurrency and blockchain ecosystem was mainly found outside the walls of the WEF. Blockchain Hub Davos and GBBC’s Blockchain Central were two central events in town that brought together the wider crypto community that has been somewhat left out of the WEF’s discourse on the sector.

The metaverse is a notable exception to this trend. Although some metaverse applications do not operate on decentralized blockchain systems, key proponents for the space have been involved in high-level workshops within the WEF that look to understand and plan for the future integration of innovative technology.