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PH Business leaders claim broader WEB 3 adoption will lead fresh employment and livelihood for Filipinos!

Prominent stakeholders of the top Philippine businesses are anticipating a broader adoption of Web 3.0 that could lead to a better livelihood for Filipinos.
PH Business leaders claim broader WEB 3 adoption will lead fresh employment and livelihood for Filipinos!
Web 3 leaders

A brighter future with Web 3.0?

In anticipation of the upcoming Philippine Web3 Festival, this November 14 to 18, 2022, top business leaders spoke with the media at a press conference to share critical insights and tease what's to expect at the November convention.

The key speakers present during the press conference include Katrina Chan of PH Startup Week, Scott Darrow of UBX, Gerb Inajada of MVP, Jen Bilango of BSPC, Teresa Pia of RDG and Pia Gonzales-Colby of Globe, Ash Mandhyan of MetaverseGo, Keneth Stern of Binance, Kimi Rocha-Delgado of Galeria Paloma, Nix Eniego of Sky Mavis, Luis Buenaventura of YGG and Independent gamer and content creator Een Mercardo.
Katrina Chan, Scott Darrow, Gerb Inajada, Jen Bilango and Teresa Pia
Katrina Chan, Scott Darrow, Gerb Inajada, Jen Bilango and Teresa Pia

“With the emergence of Web3 Gaming, thousands of guilds surfaced in the Philippines. Guilds are what we believe to be the next digitally native businesses of Web3 and the communities that will drive Web3 adoption. BlockchainSpace (BSPC) itself focuses on building guild infrastructure and tooling for Asset Management, Wallet Technology, Identity and Reputation Systems to legitimize and professionalize these guilds,” said Peter Ing, CEO and Founder of BSPC, the leading data aggregator and tooling provider for Web3 Guilds.

Gabby Dizon, Co-Founder of the Filipino-led gaming guild Yield Guild Games (YGG) said that “the Philippines can impart significant contributions in web3 innovation as a key player in the space. With measures to bolster the Web3 community and innovations within the industry, we will witness more opportunities that will impact not only organizations but also the lives of every Filipino.”
DICT Director Emmy Lou Versoza-Delfin

DICT's Director Emmy Lou Versoza-Delfin has expressed the government's support for the rising industry. The department will continue to develop programs that seek to explore and maximize the potential of new emerging technologies.
DICT's SETPH initiative
DICT's SETPH initiative

DICT has developed programs for Institutional Development, Talent Development, Marketing & Promotions and Research & Policy.

Nix Eniego, the Philippines Lead of Sky Mavis, the development team behind Axie Infinity, attests to the Philippines as the birthplace of Web3 gaming and its potential to be a major player in Web3 gaming and innovation. BSPC Guild Hub General Manager Jen Bilango agrees with the earlier statement and says that the popularity of Web3 gaming presents promising entrepreneurial opportunities in developing countries, which can be seen in the rise of guilds in the Philippines.

Luis Buenaventura, YGG Pilipinas Country Manager, claims that the massive growth in local Web3 gaming adoption to guilds like YGG, RDG, and MVP, provided financial stability for Filipinos and career opportunities. 

Gamer and Independent council member of Axie Een Mercado stressed that with the rise of Web3, there are new and creative income opportunities that can lean onto various interests such as gaming, content creation, and the arts.

Several established companies have also ventured into Web3. This includes Globe and UBX which are leveraging the potential of Web3 to uplift Filipino lives and help Micro, Small and Medium Enterprises (MSME) traverse the Metaverse. 

Interested parties can explore Web3 thru MetaverseGo. It tags itself as the premier gateway into the metaverse. MetaverseGo CEO Ash Mandhyan shared that the community has various initiatives and services to help Filipinos navigate the metaverse. These include capacity-building, educational efforts, networking, and support in connecting them to proper channels and Web3 entities depending on what they are looking for.

Lastly, Binance Spokesperson Kenneth Stern is optimistic that efforts to drive Web3 adoption in the country will make the Philippines even more of an attractive investment destination for foreign companies that will help boost the country’s economy. In the first quarter of this year alone, the country attracted over USD2.44 billion of foreign direct investment.

For more information on the Festival, you can visit phweb3festival.com.

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