WEB3 Technology Application Summit
On September 8, 2024, the WEB3 Technology Application Summit Forum hosted by BUDAO LABS has been successfully concluded.Author: BUDAO LABS
On September 8, 2024, the WEB3 Technology Application Summit Forum hosted by BUDAO LABS was a great success, attracting a scale of 2000 attendees. This event has become a historic milestone in exploring how blockchain and Web3 technologies can drive transformation and development globally. It was a celebration that gathered the most cutting-edge technologies and wisdom from around the world, and is currently regarded by many well-known industry figures as the most significant event to promote the development of WEB3. It is also the most lively and grandest event held in China at present. 
This event was named by Zhuque Beast, with special invited honorary institution Bityuan, and the dinner sponsored by GOLDVERSE. We also thank the co-sponsoring institutions: Click, Grayscale China, Aib Capital, Geek Incubator, FIBONACCI, Sanyan Capital, ALIVE, SECURE3, Suwei Cloud, OORT, and others for their joint sponsorship. The event was fully seated by 8:20 AM, with many attendees already present. 
The morning session was hosted by Binance KOL ambassador, WIS partner Xiaomi Qiu, and the founder of Wuyang Technology and BUDAO LABS partner Shi Yang. 09:30 - 09:35 Geek Accelerator Dr. Alan Wu, digital economy advisor to the Yunnan Provincial Government, executive president of the China-U.S. Economic and Cultural Development Foundation, and digital economy entrepreneurship mentor at MIT Sloan School of Management, delivered a speech on the theme: "Mission & Vision of Geek Accelerator in the Context of Digital Economy and AI". 
He introduced PLIKI Geek Accelerator as a global leading decentralized physical infrastructure (DePIN) project incubation agency, focusing on selecting and nurturing the most promising DePIN projects worldwide. 09:35 - 09:45 N3 Speech: The Head of Ecosystem delivered a remote speech on the theme "How does Edge AI change the world". 
Introduction to the Network3 project: Network3 builds an AI Layer2 to help AI developers around the world quickly, conveniently, and efficiently train or validate models on a large scale. It enhances developers' accessibility to Web3 & AI technologies and promotes their widespread application. 09:45 - 10:00 Ethnic Film and Television Digital Collectibles Speech: Ton Dong, a partner at Sanyan Capital and member of the CNFB Digitalization Committee, delivered a speech on the theme: "Integration of Science and Film, Web3 Promoting Ethnic Culture to Flourish Globally". 
Introduction to ethnic film and television digital collectibles: Using digital collections to aggregate traffic and achieve cultural dissemination and trading through Web3. Ethnic film and television digital collectibles represent a new form of presentation, not only continuing the diversification of ethnic films but also transforming the spiritual core, artistic forms, and conveyed ethnic culture into digital assets, giving these ethnic elements new life and meaning. 10:00 - 10:20 U3 Education: The co-founder of U3 and former founder of Alibaba's Sesame Credit, Dai Qingzhu, delivered a speech on the theme: "The Essential Need of the Web3 Industry: U3 Education". 
Introduction to U3 Education: U3 (University of Web3): An open, cooperative, and high-value Web3 education learning alliance! 10:20 - 11:10 Morning Roundtable Theme: Discussing Blockchain Technology Innovation and Development Host: Click Global CEO Jelly Guests: Wu Sijin (CEO of 33 Complexity Beauty), Anna (CMO of Yuku AI), Albert (President of Fibonacci Foundation), and Belly (Senior Researcher of BTC Layer 2). 
The four guests engaged in in-depth discussions on the innovative applications of blockchain technology, making it a worthwhile session to attend. 11:10 - 12:10 Zhuque Beast Game Introduction: Next, the main sponsor of this event, Zhuque Beast, a top business model designer who has incubated over three hundred billion brands, Wu Weilong, delivered a keynote speech titled "Zhuque Beast Talks About the Future and Ecology of Games". 
Introduction to Zhuque Beast Game: Zhuque Beast is a placement-based nurturing game based on the concept of the metaverse, invested by five internationally renowned institutions, focusing on the P2E (play to earn) model, providing users with interaction and economic value in the metaverse! The morning session was packed, with many attendees standing, reaching a total of over a thousand participants, and the booths were exceptionally popular. 
14:00 - Event Begins The afternoon session was hosted by CHAINCATHER reporter ARAIN and Shi Yang, founder of Wuyang Technology and partner at BUDAO LABS. 
14:00 - 14:15 The afternoon began with a speech by Han Shiwang, founder and chief economist of Zhejiang Zhizhi Think Tank, who expressed strong recognition of the conference and optimism about the future development prospects of WEB3. 14:00 - 14:15 Open Source Underlying Framework Chain33 Speech: Delivered by Wu Sijin, CEO of 33 Complexity Beauty, an expert from the Blockchain Committee of the China Electronics Society and vice president of the Zhejiang Provincial Blockchain Technology Application Association, who currently leads a team that has applied for over 600 blockchain invention patents. He spoke on the theme: "Compatibility of Ethereum Decentralized Main Chain and High-Concurrency Parallel Chain is the Future of Public Chains". 
Chain33 is a blockchain underlying framework independently developed by Complexity Beauty Technology, pioneering the parallel chain architecture, fully open-sourced and free since 2018, and has become the foundational framework for numerous enterprises, institutions, and teams' blockchain systems both domestically and internationally. 14:15 - 14:30 BUDAO LABS Speech: Delivered by RUST, director of CMCC Computing Power Laboratory, co-founder of DMV Venture in Singapore, senior AI WEB3 engineer, and CEO of BUDAO LABS, on the theme: "BUDAO LABS New Portal WEB3 and AI Reshaping the New Era of Media". 
BUDAO LABS is a one-stop DAO incubation and operation platform for WEB3, covering fields such as news media, KOL communities, investment research incubation, and primary investment, with a global layout in multiple countries and regions, particularly deepening in South Korea and Southeast Asian countries. 14:30 - 14:40 Grayscale China Speech 
Grayscale China expressed optimism about the WEB3 field, especially regarding the SRC20 track of Bitcoin Layer 2, emphasizing reasons why this track will also be booming. 14:30 - 14:40 IRONB Speech: Delivered by Trail, co-founder of the Korean crypto asset community LLCO and representative of the IRONB Korean community, on the theme: "WEB3 Core Assets, Current Status and Future of Bitcoin Protocol Assets". 
IRONB is the largest Bitcoin protocol asset community globally, currently focusing on SRC20 related protocol assets, and has already become the number one track in multiple data dimensions. Its goal is to become the largest Bitcoin protocol asset community and a foundational value support community for the WEB3 industry. 14:50 - 15:20: Bityuan Blockchain Speech: Next, the honorary institution BITYUAN was invited, with core developer Andy delivering a speech on the theme: "Exploring the Future: Building a Strong Developer Community for Bityuan". 
Bityuan is a blockchain mainnet with a parallel chain architecture that integrates AI applications. Ecological applications can share the Bityuan consensus network while independently building DAPPs and achieving cross-chain interoperability; Bityuan nodes can also interact with web3.js, and smart contracts are fully compatible with the Ethereum Virtual Machine (EVM), thus balancing ecological expansion diversity and on-chain performance stability. 15:20 - 15:40: GDV Speech: Delivered by Dave, Chief Market Executive of Fortress Investments, on the theme "GoldVerse Project Presentation", which is also the naming sponsor of the dinner. 
GoldVerse is a viral crypto game based on Telegram, where you can mine coins by recording in social games. With the success of Notcoin, the game is becoming increasingly popular, and it is expected to be a hit. Daily prizes and the promise of real cryptocurrency rewards through the upcoming Goldverse Token (GDV) airdrop are also included. 15:40 - 15:50: Waterfall Speech: Delivered by Dr. Sergii, Chief Research Officer of Waterfall, on the theme: "Introduction to the Ultra-High-Performance EVM Public Chain Waterfall Network". 
Introduction to Waterfall Network: One of the world's most powerful high-performance EVM public chains. 15:50 - 16:40 Roundtable Theme: "Capital and Innovation: The Power of WEB3 Development" Host: BUDAO LABS Founder Chai Gongzi Roundtable Guests: Tian Dachao (Founder of Chainfir Capital), Dai Qingzhu (Partner at CY Capital), Zheng Haosheng (Founding Partner of Accapital), Yage (Partner at New Fire EVOLING Fund), Richard Wang (Partner at Deding Innovation Fund). 
The atmosphere on site was vibrant, especially with Mr. Zheng being very straightforward. Capital is the driving force behind WEB3 development, and ordinary retail investors will find it difficult to resist the power of capital in the future. Everything needs to embrace capital and unite to seek development together. 16:40 - 17:00 Speaker: Mu Xuan, co-founder of Super Dimension Metaverse and Super Dimension Space, Theme: Preview of the Thailand Summit with 10000 Participants! 
In November, we will jointly hold a summit in Thailand with BUDAO LABS for 200,000 participants. 17:00 - 17:20 BUDAO LABS Global Tour Launch Ceremony 
BUDAO LABS held a video handprint launch conference, officially starting the global activities of BUDAO LABS! 17:20 - 17:40 BUDAO LABS Strategic Partner Award Ceremony 
The award ceremony was conducted by Chai Gongzi, founder of BUDAO LABS, presenting awards to about ten strategic partner institutions on site. The dinner was sponsored by GOLDVERSE, with 20 tables set up, creating a lively atmosphere. Attendees remarked that it felt like the atmosphere of events in 2018, and everyone is looking forward to continuing the event. 
Once again, we thank the main sponsor Zhuque Beast, honorary institution Bityuan, and dinner sponsor GOLDVERSE, as well as the co-sponsoring institutions: Click, Grayscale China, Aib Capital, Geek Incubator, FIBONACCI, Sanyan Capital, ALIVE, SECURE3, Suwei Cloud, OORT, and others for their joint sponsorship. 
BUDAO LABS is committed to bringing more overseas projects into China, becoming a leading DAO marketing and promotion platform in the country, and jointly radiating globally from China. The next stop will be Thailand, and we also preview our upcoming conference on AI + WEB3 on September 27, which will be held in Shenzhen with a summit of 500 participants. We look forward to seeing everyone at the event.
