BW Businessworld Web 3.0 Summit and Awards 2023

Introducing my panelists for today - debating - โ€œ๐‘ต๐‘ญ๐‘ป๐’” โ€“ ๐‘ช๐’“๐’†๐’‚๐’•๐’Š๐’๐’ˆ ๐’†๐’„๐’๐’๐’๐’Ž๐’Š๐’„ ๐’๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” & ๐’–๐’•๐’Š๐’๐’Š๐’•๐’š ๐’‡๐’๐’“ ๐’•๐’‰๐’† ๐’„๐’“๐’†๐’‚๐’•๐’๐’“ ๐’†๐’„๐’๐’๐’๐’Ž๐’š ๐’๐’“ ๐’‚ ๐’๐’๐’-๐’”๐’•๐’‚๐’“๐’•๐’†๐’“ ๐’‡๐’๐’“ ๐’‡๐’๐’“๐’˜๐’‚๐’“๐’…-๐’๐’๐’๐’Œ๐’Š๐’๐’ˆ ๐’ƒ๐’“๐’‚๐’๐’…๐’” & ๐’„๐’“๐’†๐’‚๐’•๐’๐’“๐’”โ€ at BW Web 3.0 Summit & Awards 2023.

An incredible opportunity for brands to get an answer to the question of the hour - NFTs ๐Ÿ‘ or ๐Ÿ‘Ž?

Let me simplify the topic further, the panel today has 2 stances:

๐Ÿ”ท ๐๐…๐“๐ฌ โ€“ ๐‚๐ซ๐ž๐š๐ญ๐ข๐ง๐  ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ & ๐ฎ๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐œ๐ซ๐ž๐š๐ญ๐จ๐ซ ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ฒ

NFTs have provided new opportunities for creators, artists & brands to monetize their work directly. Tokenizing their creations as NFTs, enables them to retain ownership, bypass traditional intermediaries like galleries, agents, or streaming platforms, and connect directly with their audience, potentially increasing their revenue and overall control over their work. This is the decentralised economy enabled by Web3.0

Vs.

๐Ÿ”ท ๐€ ๐ง๐จ๐ง-๐ฌ๐ญ๐š๐ซ๐ญ๐ž๐ซ ๐Ÿ๐จ๐ซ ๐Ÿ๐จ๐ซ๐ฐ๐š๐ซ๐-๐ฅ๐จ๐จ๐ค๐ข๐ง๐  ๐›๐ซ๐š๐ง๐๐ฌ & ๐œ๐ซ๐ž๐š๐ญ๐จ๐ซ๐ฌ

On the other hand, some brands and creators may view NFTs as a non-starter or approach them with caution. Several concerns and criticisms have been raised regarding NFTs, including environmental impact due to the energy consumption of blockchain networks, high transaction fees, potential for copyright infringement, and market volatility.

Introducing my panel for the session:

For the Motion:

โ–ถ Sristhi Assudani, Region Lead, IEEE Blockchain APAC Technical Community

โ–ถ Rohit Agarwal, Founder and CEO, Alpha Zegus

โ–ถ Vatsal Gaur, Partner, King Stubb & Kasiva, Advocates & Attorneys

Against the Motion:

โ–ถ Aman Sanduja, Founder, Black Rabbit Studios

โ–ถ Anirudh Rastogi, Founder & Managing Partner, Ikigai Law

โ–ถ Chirag Mehta, Business Development (Asia & MEA) & Lead Consultant โ€“ Tokenomics DAO, BrightNode

โ–ถ Sagar Pratap Joisar, Founder, Xenon Labs

Don't miss this insightful discussion on the future of digital assets and their impact on the creative landscape.

Streaming the session LIVE today at 4:10pm!

Till then, tell me in the comments which side are you on?

Kudos to team BW Businessworld World for hosting the summit Annurag Batra, Tanvie Ahuja, Uday Laroia, Mahek Surti, Baani Chauhan

โ€

Rrahul Sethi
BW Businessworld Web 3.0 Summit and Awards 2023
โ€ข
5 min read