This session will focus on the next generation of the internet. Web2 has been defined by centralized power structures, massive amounts of company-owned user data, and privacy issues. In this panel we will dive into the benefits that Web3 offers and how global internet communities are planning for the future with permissionless access, wallets, play-to-earn gaming, NFTs, collectively owned open-source protocols, security, and storage. What activities and opportunities are available in a Web3 world that enable people to attain economic mobility and prosperity? What are the characteristics and potential benefits of Web3 values on the current Web2 tech giants? What is the impact of the current "crypto winter" on Web3 development and actualization? How is the decentralized finance (DeFi) component of Web3 evolving?

Moderator

Nicole Valentine

Director, Center for Financial Markets, Milken Institute

Speakers

Michael Cameron

Director, Head of Digital Assets, ICG Advisors

David Chaum

Founder, xx network; CEO, Elixxir.io

Beryl Li

Co-Founder, Yield Guild Games

Caroline D. Pham

Commissioner, US Commodity Futures Trading Commission

Daniel Yang

Head of Investment and Diversification, Algorand Foundation