Web3 event integrates AI for efficient startup competition evaluation

Crypto conference Proof of Talk 2024 emphasized meaningful interactions in the Web3 space, featuring top industry leaders and an AI-powered startup competition.

With the growth projections of the Web3 ecosystem reaching sky-highs, the need for events and conferences that foster innovation and boost adoption has never been greater. These conferences are essential platforms for thought leaders, innovators and industry professionals to exchange ideas, discuss trends and forge collaborations that propel the industry forward.

What the industry needs are more focused, content-rich events that emphasize quality interactions and networking. However, the current conference ecosystem often prioritizes party-centric atmospheres over meaningful interactions.

This shift has led to missed opportunities for one-on-one conversations and impactful collaborations, which are crucial for the growth and maturity of the Web3 space. The Web3 ecosystem deserves conferences that match its innovative spirit, fostering connections that truly drive progress.

Fostering meaningful Web3 conversations

​​Amid this landscape, Proof of Talk 2024 has emerged as a beacon for meaningful conversations and lasting collaborations. The event, which took place in Paris on June 10-11, was dedicated to fostering genuine dialogue and innovation within the blockchain and Web3 space. Unlike many other events, Proof of Talk 2024 prioritized creating an environment where attendees could engage in deep, impactful discussions.

“The Davos of Web3 and the Louis Vuitton of conferences” were some of the exceptional titles given to Proof of Talk 2024.

As innovation, collaboration, and insightful discussions took center stage at #PoT24, some of our renowned attendees left us with testimonials that captured… pic.twitter.com/H6eAwRf4i5

— Proof of Talk (@proofoftalk) July 18, 2024

To ensure meaningful conversations, Proof of Talk curated attendees, ensuring that more than 2500 participants were committed to advancing the Web3 ecosystem. Highlighting the quality of attendees, Spartan Group managing director Leeor Groen said that Proof of Talk is where “Web3 meets the spirit of Davos,” while Tim Grant, CEO of Deus X Capital, called it the “Louis Vuitton of conferences.”

Expert insights from industry leaders

With over 150 senior speakers, the event provided a wealth of knowledge and insights into the latest trends, technologies and challenges facing the industry. The distinguished roster included leaders from major blockchain companies and influential voices, such as Joseph Lubin (Consensys), Jenny Johnson (Franklin Templeton), Tim Draper (DFJ), Yat Siu (Animoca Brands) and Stani Kulechov (Aave).

Can the US and the EU level the playing field for the blockchain ecosystem, or will regulations be a slippery slope forever?🌎

In his fireside chat at Proof of Talk 2024, Joseph Lubin (@ethereumjoseph), co-founder of @ethereum and CEO of @Consensys, discussed Ethereum's pivotal… pic.twitter.com/RoxfMaDEXG

— Proof of Talk (@proofoftalk) July 24, 2024

The conference was designed to be highly interactive, with sessions that went beyond traditional presentations. Attendees had the opportunity to participate in hands-on workshops and live demonstrations, allowing them to engage directly with experts and gain practical experience.

Proof of Talk 2024 hosted workshops and keynotes from experts. Source: Proof of Talk 2024

These interactive workshops were complemented by dedicated speaker sessions and immense networking opportunities throughout the event. Proof of Talk 2024 was also a premier venue for exclusive announcements and product launches, providing attendees early access to the latest innovations from the event partners.

AI-powered evaluation in startup competition

One of the event’s highlights was the new-age startup competition, Proof of Pitch, which attracted a wide array of innovative projects. Participants were judged by a long list of Web3 heavyweights, including Pantera Capital, The Spartan Group, Animoca Brands, Binance Labs, MultiversX and Cointelegraph.

A unique feature of the competition was the use of Pitch Scan, an internally developed AI-powered pitch deck analyzer. This tool thoroughly analyzed all aspects of a pitch deck, crawled the internet for background checks, verified market size, double-checked the competitive landscape and provided a comprehensive 14-page report in under one minute. Pitch Scan ensured that the judging process was thorough and efficient and every startup received the attention it deserved.

From hundreds of startups, 13 startups made it to the final round in Paris, where they pitched in front of the jury for €1 million worth of prizes, including direct investments, targeted mentorship, Openmesh Xnodes, a media grant from Cointelegraph, and a 12-week accelerator program. The competition culminated in the victory of Soul Protocol, a standout cross-chain lending project.

🚀 Meet the Winner of our Proof Of Pitch competition!

Proof of Pitch fuses AI insights with top Web3 VC expertise to find the best startups.

Today, we spotlight @0xSoulProtocol, read the https://t.co/HQxPC9LieG insights in this thread that made them stands out! 🌐

👇 🧵 (1/25) pic.twitter.com/NUsRoWYx2y

— ZENSEI | X Ventures (@pathofz) June 22, 2024

By creating a dynamic platform for showcasing advancements and facilitating meaningful discussions, Proof of Talk aims to be the catalyst for change and help harness blockchain’s full potential for a better future. By continuing to nurture meaningful dialogues and collaborations, the broader blockchain industry is poised to achieve unprecedented innovation and transformative impact.