"Education is really important. Diversity breeds innovation, and we need more innovation in the space." - Sandy Carter

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Introduction

‍Onboarding the next billions of users into Web3 is not just a goal but a necessity for the continued growth and evolution of the decentralized web. In a recent panel discussion moderated by Farokh at the NFT Paris event, industry leaders gathered to discuss the use cases, challenges, and opportunities surrounding this monumental task.

Panelists

1. Fabien Aufrechter (VP Web3, Vivendi)
2. Alexandre Mare (COO, Arianee)
3. Sandy Carter (COO, Unstoppable Domains)

Key Points:

• Use Cases: The panelists delved into various use cases within their respective companies. Alexandre Mare highlighted the utility of digital product passports in enabling circularity and authenticity in markets. Sandy Carter emphasized the importance of digital identities in simplifying interactions within the Web3 space. Fabien Aufrechter shed light on the potential of NFTs in protecting content and revitalizing user experiences.
• Challenges: Education emerged as a significant challenge in onboarding users into Web3. Sandy Carter stressed the need for accessible education, especially targeting underrepresented groups like women. Fabien Aufrechter highlighted the scarcity of skilled professionals in the industry, emphasizing the importance of building a diverse talent pool.
• Opportunities: Despite the challenges, the panelists expressed optimism about the future of Web3. Alexandre Mare discussed the potential for partnerships with established brands to facilitate user onboarding. Fabien Aufrechter underscored the role of government support and regulation in fostering Web3 adoption.

Conclusion

‍The panel discussion provided valuable insights into the complexities and opportunities surrounding the onboarding of billions of users into Web3. While challenges such as education and talent shortage persist, the panelists expressed confidence in the transformative potential of decentralized technologies. As the Web3 ecosystem continues to evolve, collaboration among industry stakeholders and concerted efforts in education and innovation will be crucial in realizing its full potential.

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Watch the full talk here