The blockchain for good alliance (bga) hosting the web3 oscar event in bangkok, which celebrates blockchain projects driving real-world impact, could increase the positive sentiment around blockchain technology and its use cases for social good. this could lead to increased adoption and investment in the space.
The event highlights the practical applications of blockchain technology and its potential to address global challenges. this positive exposure and recognition can boost the credibility and trust in the technology.
The positive publicity and recognition of blockchain's impact on social good could drive increased interest and investment in the space, potentially leading to a bullish price movement.
The impact of the event and its recognition of blockchain's social good potential could have a long-term positive impact on the market, as it fosters increased adoption and trust in the technology.
Companies Thu, 14/11/2024 - 14:00 Cover image via www.freepik.com Read U.TODAY on Google News The Blockchain for Good Alliance (BGA) hosted the highly anticipated Web3 Oscar event in Bangkok, celebrating blockchain projects driving real-world impact aligned with the UN's 17 Sustainable Development Goals (SDGs). The event was part of BGA's November initiatives, which also included the Sustainable Innovation Summit, a hackathon for social impact. Running from September to November, the summit offered a $100,000 prize pool, drawing global participants to develop blockchain solutions for issues like poverty, clean water access, and gender equality. HOT Stories BTC Creator Satoshi Nakomoto Now 19th Richest Person in World: Report Elon Musk’s Dogecoin Tweet Drives DOGE Army Nuts With Excitement ‘Planning The Bitcoin $100,000 Party’: MicroStrategy’s Michael Saylor BlackRock Discloses New Position in IBIT Finalists showcased their projects at Bangkok’s Grand Hyatt Erawan, competing for incubation support and equity-free funding. Advertisement In a cinematic presentation, 10 shortlisted projects tackled the SDG challenges, presenting blockchain-driven solutions as tools for global change. EthicHub won the Grand Social Impact Award, followed by Plastic Odyssey and ResearchHub. Additional Rising Star Awards were given to notable projects like Wavy Health, LAKE, and Edu3Labs. The Web3 Oscar Awards recognized individual leaders for their contributions to blockchain for social good. Honorees included Harn of Trigger Asset Management and Mariana de la Roche Wills for the Collaboration Bridge Award, and BreeAnne Yek and Milica Dimitrijevic for the Public Welfare Contribution Award. In her closing speech, BGA co-founder Helen Liu highlighted blockchain’s potential to unite people for impactful change, underscoring BGA’s commitment to sustainable development through innovative technology. #Web3