Fractal to do Opening Keynote for House of Lords Web3 and Metaverse Event
Fractal Legal are set to open a seminal event at the UK House of Lords focusing on Web3, NFTs, and the Metaverse on Thursday, 11th January 2024.
Tuesday, 9th January, 2024
Briefing on the World Economic Forum’s Annual Meeting at Davos
Invited by Baroness Manzila Uddin, Fractal CEO, Lisa McClory will provide a keynote speech at the House of Lords, on Thursday 11th January. This pioneering initiative is marked at a significant point in time as the integration of Web3 technologies into mainstream businesses continues to grow significantly.
The event promises to illuminate the myriad of challenges and opportunities that Web3, including Non-Fungible Tokens (NFTs), Cryptocurrencies, and the Metaverse present in particular to UK and international businesses.
Industry leaders, aspiring entrepreneurs and higher education establishments will gain invaluable insights into the opportunities and obstacles that exist in this burgeoning world of digital assets and virtual environments. The event is also serving as a preliminary briefing on the World Economic Forum’s Annual Meeting at Davos, Switzerland, which Fractal has also been invited to speak at later this month.
The keynote for the event will focus on demonstrating how NFTs can be leveraged in a multitude of ways, and the current regulatory implications and complications. This goes far beyond the realm of digital art and collectables. NFTs offer a unique platform for businesses to enhance and diversify their offerings, thereby creating more dynamic and engaging brand experiences. This is particularly relevant in attracting Gen Z and Millennial audiences, who are increasingly becoming pivotal in the global consumer market. Their familiarity and comfort with digital technology make them an ideal target for businesses venturing into Web3 and the Metaverse.
However, as with any emerging industry, navigating the complex landscape of Web3 involves intricate legal and regulatory considerations. The event will help to underscore the significance of seeking regulatory advice and engaging in strategic legal planning from the early stages. This approach is crucial for businesses to not only comply with existing legal frameworks but also to anticipate and adapt to future regulatory changes.
Fractal Legal’s keynote at this event is not just a platform for discussion; it is a call to action for UK businesses, Government and regulatory bodies to embrace these new technologies proactively and with careful consideration. It serves as a reminder that the early adoption of Web3, NFTs, and Metaverse technologies can be a game-changer in terms of competitiveness and market relevance.
In conclusion, this event marks a pivotal moment for UK businesses. It opens up a dialogue on the potential of Web3 and NFTs, highlighting not just the challenges but the considerable opportunities that lie ahead. For those willing to explore and innovate, and with forward-thinking regulatory guidance, the rewards could be substantial, setting the stage for a new era of digital business excellence.