On July 29, the first ChinaJoy Web3 Conference jointly hosted by Hanweixinheng, New Huo Tech and D11Labs, with guidance from the China Audio-Video and Digital Publishing Association, successfully concluded in Shanghai. The event was divided into two parts: Keynote Speech and Panel Discussion, bringing together dozens of industry experts, including famous economist and Chairman of the Academic and Technical Committee of the Hengqin Numerical Chain Digital Finance Research Institute, Jiaming Zhud; Shunwang Technology Director and Vice President, Hanweixinheng Director, and Secretary-General of the ChinaJoy Organizing Committee, Zhihai Han; Nano Labs Founder and Director of Hong Kong Cyberport, Jack Kong; and iPollo Chief Scientist Marvin Kong, to discuss and share in-depth insights on Web3 related topics.

iPollo Community Ambassador Nina served as the host of this event, the first ChinaJoy Web3 Conference began, and invited Mr. Han Zhihai, Secretary-General of the ChinaJoy Organizing Committee, to deliver the opening speech.

Mr. Han Zhihai stated that ChinaJoy has always been an open platform for discussing major transformative and cutting-edge technologies in the digital entertainment industry. He hopes that the success of Web3 Conference can integrate new track into ChinaJoy, inject new impetus into Shanghai’s digital new economy development, promote the aggregation of excellent Web3 talents, technologies, capital, and industries in Shanghai, and boost the prosperous and sustainable development of the local digital entertainment industry.

In Keynote Speech at the conference on "Web3 Infrastructure Construction," Jack Kong gave the speech on the topic of "Opportunities of the Metaverse in Web3 Era," and proposed the three laws of Web3: 1. The network value of Web3 is at least proportional to the cube of the network users; 2. The total network value of Web3 is the sum of the network value of each layer; 3. All marginal users of Web3 will receive the corresponding network value. He also shared the current combination and innovation points of Web3 and AI, which aroused strong interest among the audience.

During the conference, Prof. Jiaming Zhu delivered a video speech, stating that big data, AIGC, virtual reality technology, metaverse, and Web3 will all provide important technological foundations and support for the entertainment industry and its related groups. Among them, the value internet and the intelligent internet were shaped with the support of Web3 and AI, creating a new ecology for the entertainment industry.

In the afternoon Panel Discussion, Marvin Kong, iPollo Chief Scientist, and four experts had an in-depth exchange about "When Digital Entertainment Meets Web3, How to Achieve Steady and Long-term Development?", providing cutting-edge thinking and development direction for the combination of digital entertainment and Web3.

It is reported that ChinaJoy, one of the most renowned and influential annual events in the global digital entertainment industry, covers multiple fields of digital entertainment such as gaming, animation, and internet film. On the occasion of its 20th anniversary, ChinaJoy has added the Web3 section for the first time, "ChinaJoy Web3 Conference", which was themed "Creating Digital Economy New Era", focusing on exploring the future development trends of Web3 technology and the digital economy. In addition, the conference concentrated on discussing how cutting-edge Web3 technology can promote the development of the digital economy, deeply linking resources within and outside Web3 ecosystem, accelerating the implementation of industrial ecology, and facilitating Shanghai to establish international influence in the field of digital new economy such as Web3.