In episode 572, Allen Ng, CEO of Everest Ventures Group, discusses the intersection of AI and Web3, highlighting significant projects.
Insights from Allen Ng on Technologies
Allen Ng, CEO of Everest Ventures Group, addressed the future of AI and Web3, drawing on his experience with metaverse unicorns and key investments. He emphasized the importance of projects like Celestia and The Sandbox.
> "Allen Ng, Co-founder and CEO, Everest Ventures Group, was an early investor & advisor to metaverse unicorns and was instrumental in projects including Celestia, Wormhole, Berachain, Dapper Labs (Flow), Animoca Brands, Immutable, The Sandbox, Yuga Labs, Kraken, and Lukka." CITE_W_A
Financial Changes and Market
No immediate financial shifts or regulatory changes were noted during the discussion. The impact remains primarily within Web3 sectors where EVG holds portfolio interests, although potential market narrative shifts concerning EVG-related tokens are observed. Current investments, including ETH and BTC, may anticipate future repercussions based on AI and Web3 advancements.
Development Prospects for AI and Web3
Market observers are keenly watching the integration of AI with Web3 and its broader impact. Insights suggest gradual integration of AI may influence investment strategies. Current data and historical trends indicate potential for iterative growth in associated technologies.
Allen Ng emphasizes the importance of AI and Web3 technologies and the expectations for market shifts that may influence investment strategies in the future.
