đźź  LIVE Avalanche Summit: Emin GĂĽn Sirer and AVAX in Barcelona

After a particularly successful event last year, Avalanche returns with its famous Avalanche Summit in Barcelona, ​​the Catalan capital. As always, Avalanche thinks big and Tremplin.io is happy to bring you all the important news and information straight from the heights of Barcelona into the heart of beautiful Poble Español.

Emin Gun Sirer opening Avalanche Summit Barcelona
Emin Gün Sirer – founder of Ava Labs

A duo at the head of an avalanche

The Avalanche Summit event takes you straight into the action with a live band, a gigantic tent in the colors of the red token and dozens of stands and several stages scattered around the small town of Poble Español, a representation of different regions and cultures. Spanish. Techno music and chess tournament, Avalanche knows how to diversify.

Opening of the Avalanche Summit event in Barcelona
Launch of the Avalanche Summit event

Emin GĂĽn Sirer, founder and CEO of Ava Labs

After a welcome coffee, it is the turn of the president of Ava Labs to launch the Avalanche Summit event, on a circle in the heart of the tent John WU welcomes the guests, and immediately begins to introduce the founder and visionary of Avalanche, Emin GĂĽn Sirer, former professor at the prestigious Cornell University in the United States. One of the precursors of Proof-of-Work and one of the greatest researchers on the themes of mining, decentralization and many other key subjects.

Emin GĂĽn Sirer then steps onto another stage and launches his speech, and he attacks directly.

“It has never been easier to be a citizen of the world”,

Emin Gun Sirer

He then speaks problems caused by the centralization of assets ; theft, lack of trust, and growing inequality. For this, only one solution, regaining control through decentralization.

In a world where there is no longer an all-powerful guardian, and where new currencies can interact freely on blockchains they describe as “public places”.

Avalanche Summit 2023 Gaming Conference
Gaming conference at the Avalanche Summit 2023 event

Decentralization, the new revolution?

Emin Gun Sirer asks us why we waited so long to make this revolution, and gives us three answers.

  1. The technology for scale up decentralization doesn’t exist yet, but subnets are one of the key things to improve scalability;
  2. It was very difficult to have very high performance without losing elements of decentralization, Avalanche is getting closer and closer to this solution;
  3. Ultimately, the crypto community was chasing dreams, but not acting for the present. That’s why Avalanche started with a small community, but over time managed to convince many people.

Emin GĂĽn Sirer recalls the importance of collaboration between developers, welcome innovations and work together on technologies that will be used today and not in a theoretical future. Bridges and consensus are part of these direct solutions.

The CEO of Ava Labs even throws a small pike, and tells us that Avalanche has built a cryptocurrency exchange so secure that even SBF could not have used it to steal funds.

On these words, Emin GĂĽn Sirer launches the 3 days of the Avalanche Summit event where many discussions and debates will take place. Tremplin.io will keep you informed through this live article and through specialized articles.

Launch of discussions

After a promising launch, the Avalanche Summit continues to surprise us with different options for investors, users, curious, builders and others in the AVAX ecosystem.

Avalanche cares about its community, so what better way to relax between two partnership discussions than to go to the free massage tent? Ava Labs has indeed recruited masseurs and installed massage seats. In addition, it is possible to have drinks everywhere around the event. It is worth remembering that here, it is 23 degrees and a blazing sun under the second city of the country.

The massage tent offered by Ava labs.
The massage tent offered by Ava Labs

Truce of comfort, the discussions are in full swing under the main stage tent, with a first crucial subject in the ecosystem, the “Sustainable Reward Systems for Blockchain Gaming” or “Sustainable reward systems for blockchain gaming” in French. A discussion between experts that gives us ideas on the future of rewards in Web3 gaming. You will find our report in the dedicated article in some time.

We have already spoken to you about the ReFi phenomenon, finance at the service of ecology, a major topic in one of the event’s other discussion areas. More specifically, how to think about a green infrastructure, the ecology of tomorrow and the tokenization of the carbon market. This last point is major, because Avalanche is positioned as THE leader in the tokenization of assets and values. More details in our upcoming tokenization article.

But the Avalanche Summit does not welcome us to Spain for nothing. Indeed, at 12:30 p.m. the paella marathon is launched, with its many meat and vegetarian tapas. A deserved break for all the speakers, who will be able to resume the debates very soon.

The paella marathon of the avalanche summit.
Overview of the stand set up for the paella marathon

An intense day for the AVAX community

The first day is not even over, and it is difficult to talk about all the events and discussions that are happening in the heart of the Catalan capital. With 4 scenes; Main, Subnet, Theater and auditorium, plus the eco-dome and side events, you have to multiply to keep up with the frenetic pace of Avalanche!

Avalanche Subnet Internship

It is not possible to talk about all the topics covered, but we will mention a few to give you an overview. In the theatre, we discussed the concept of Learn-to-Earn, a very complicated subject to sustain over the long term. Coinbase and Binance have tried with their own models, while others see Learn-to-Earn as the only way to bring developers or “builders” into the ecosystem. By sponsoring training on the Avalanche or Solana blockchain, for example, we can ensure an increase in developers in these ecosystems. This is how many projects try to bridge the gap between developers and blockchains, by creating a learning medium.

In another style, on the main stage, Mark Yeend of SHRAPNEL teaches us the keys to a successful marketing launch, essential information on what types of media to use, where to invest your money, how to find the right marketing agencies, and of course, good media partnerships!

Internship "Unlock Opportunity Everywhere" from Avalanche
Conference “Unlock Opportunity Everywhere”

Many projects are launching in Web3. Indeed, development can be very expensive and leave no room for marketing budgets, it is a very dangerous strategy. Even if bitcoin did not need a marketing team, it remains one of the rare exceptions. It is therefore good to work on your strategy and optimize the assets of Web3 to increase your community. One of the key examples remains the creation of free-mint, if possible multi-chain, in order to develop its community and massively share digital assets.

In another topic, Roy Confino of The Lemonade Foundation presents how blockchain can become a unique tool to combat famine-related issues around the world. How ? Through blockchain-based microinsurance. This is how a coalition of companies by the name of Lemonade Crypto Climate Action, including Avalanche, ChainLink and many others, comes to the aid of farmers in need. These projects mainly target countries where traditional insurance no longer covers, particularly in Africa and Asia. Thus, the blockchain continues to help those who do not have access to the banking or financial system.

Roy Confino of The Lemonade Foundation presenting the talk
Roy Confino of The Lemonade Foundation presenting the talk Fighting world hunger with blockchain »

The first day of the Avalanche Summit comes to an end

To close the day, two major topics were discussed on the different stages of the Avalanche Summit:

  • First, the future of stablecoins was discussed with Stani Kulechov, founder and CEO of Aave companies, as well as Jacquelyn Melinek from TechCrunch. For Stani, even if the Aave teams have succeeded in building liquidity protocols and many other applications, one of the most important elements missing from the ecosystem remains an on-chain payment method. This is why their stablecoin Go is currently in Testnet. What’s special about Go is that it’s completely community controlled. Indeed, a DAO decides almost all the key elements, the percentage of return, the aggressive or conservative approach, etc…. In this same logic, subnets are a small revolution in the future of means of payment, and subnets and supernets must therefore evolve together.
  • To come back to governance by DAO, the other interesting point mentioned is that DAOs slow down the evolution of projects because it is no longer a small team that decides everything, but an entire community. However, Stani defends this model by finding it more just and virtuous in the long term. Finally, the CEO of Aave Protocol finds it interesting that the majority of stablecoins are linked to the US dollar, because users choose a stablecoin for its performance and values, rather than simply for its affiliated currency. Stani concludes, however, on the importance of developing stablecoins on other currencies in the future in order to offer the maximum number of options to users.

To conclude, we attended a discussion on the future of esports in Web3 gaming with Dan Dinh president of the largest esports organization in the world TSM and the head of the Gaming department at Ava Labs, Ed Chang. Indeed, Avalanche and TSM have signed a new partnership aimed at boosting Web3 in esports and creating new opportunities. We will come back in more detail on the subject in the article dedicated to gaming on Avalanche to be published soon.

How Web3 is influencing esports culture – Dan Dinh of TSM & Ed Chang of Ava Labs

On these highlights, we end this first day in style with many fascinating discussions and quality Spanish wine, the ideal place to meet Emin GĂĽn Sirer between two cerveza! See you tomorrow !

Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of newsletter daily and weekly so you don’t miss any of the essential Tremplin.io!

Similar Posts