Team Z WEB3&AI SUMMIT TOKYO 2024
Team Z WEB3/AI SUMMIT was held at Toranomon Hills Mori Tower Building in Tokyo, Japan, on April 13 and 14, 2024.
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TEAMZ is a one-stop provider of Web3 services/applications/website production. Also, TEAMZ is a group of digital creatives from around the world, offering the best solutions to our clients from among many options.
This year, the main theme of the conference focused on both recent trends: web3 and AI. web3 and AI have a high affinity for each other, and their convergence offers endless possibilities. the application of blockchain technology to AI training data and the use of AI data analysis in DeFi’s lending protocols are only part of the possibilities. The Summit has succeeded in providing a platform to maximize the synergy between these two technologies, bringing together industry pioneers and experts for stimulating discussions and knowledge sharing.
We MeteonRun recently participated in the Paris Brockchain week conference. We also participated in the TEAMZ WEB3/AI 2024 Summit, where we had face-to-face conversations with people not only from Japan but also from all over the world, and we felt the trends and the future together and pledged the brilliant development of the WEB3 industry.
・Web3 Initiatives in Japan
With regard to the Japanese government’s policy, he expressed his hope that the exclusion of crypto assets from the year-end valuation taxation scheme in 2024 will bring entrepreneurs who have gone abroad back to Japan.
On the other hand, he said that he would like to discuss the taxation of capital gains and what kind of deductions should be made for cryptocurrency donations in the future.
In recent years, Japanese companies have been developing proprietary wallets for major companies and developing products such as stamp collecting using NFT.
In the future, they are considering collaboration with IP, products related to contribution to the community, and the creation of a fail-safe mechanism.
・International VC Trends
The impression I got from the international VC trend was that there is a lot of investment in infrastructure layer projects.
There are a variety of projects, but the lack of interoperability and sufficient functionality for the development of Dapps was often cited as a problem.
Many of the international projects at the show included chain development teams that solve these problems. There also seemed to be interest in RWAs to increase the liquidity of collections and antiques, as well as AI-related products.
・WEB 3.0 & AI
There are several problems with the current AI
・Data is being gathered by giant companies
・The authenticity of the data used
・Opaqueness of algorithms
・Difficulty in verifying results
・AI may not be used at the discretion of a company
It is believed that the data and logic in Web3 may be transparent and safe to use. Others suggested a future where building on top of P2P would be highly sustainable and allow anyone to use AI inexpensively.
Currently, companies with more money and large amounts of data have more power, but as algorithms and data become more public, anyone can create AI and compete on the basis of their knowledge and ideas.
Through this event, Meteon-Run hopes to continue to build the best NFT game that anyone can enjoy with peace of mind through the spread of web3 and AI not only in Japan but also around the world, and to continue to update the game.
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