The Metaverse, Web 3 & NFTs as Real Utilities

A short talk on Web 3, given at Cardano Summit 2021 — how NFTs work as real utilities inside the Cardano ecosystem, not just collectibles.

  • Web 3
  • The Metaverse
  • NFTs
  • Semantic Web
Cardano Summit 2021

Portershed, Galway, Ireland

25–26 September 2021

Event

Cardano Summit 2021

LOcation

Portershed, Galway, Ireland

Date

25–26 September 2021

Format

Short talk

The Talk

What I Covered

  • The metaverse is social infrastructure, not a place. Shared 3D collaborative spaces — the sum of every digital world combined, not one company’s product.
  • Web evolution: e-commerce to AI-driven networks. Web 1.0 was desktop and e-commerce; Web 2.0 added social and mobile; Web 3.0 is AI-driven, decentralised, and edge-computed.
  • Value creation online keeps compounding. From ~$1.1T in the early-internet era to ~$5.9T by the time of Facebook, Airbnb and Uber — and still climbing.
  • NFTs are the metaverse’s actual revenue model. Not collectibles — the mechanism that moves value inside virtual worlds, including as real utility within the Cardano ecosystem.

The Event

About Cardano Summit 2021

The Cardano Summit is a global event for anyone interested in blockchain technology. Led by the Cardano Foundation, it brings the Cardano community together, encouraging individuals to join the ecosystem and share information through a series of global events about how Cardano’s technology is being used to create positive change around the world.

Cardano Summit 2021 was Cardano’s biggest event to date — a mix of virtual and in-person events worldwide, held 25–26 September 2021 across four themes: Utility, Adoption, Governance and Impact.

Speaking

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Keynotes, panels and workshops on AI agents, digital ownership and the architecture of the agentic web.

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