NextICorn International Summit Held Again, Raise Web3 Theme as the Future of Industry

After two years of hiatus due to the pandemic, the Indonesian startup meeting with global investors, NextICorn International Summit (or NXC) will again be held in Bali on September 31 August - 2 September 2022. This activity will focus more on providing socialization and education related to web3 (web 3.0) which is predicted to be the future of the technology industry.

In the last 4 years, NextICorn has successfully attracted investors from more than 20 countries and has become the center of ideas, creativity and digital culture movement. Carrying out a consistent mission, this event is expected to open up opportunities for potential startups in Indonesia to find investors in advanced funding.

Technological acceleration during the pandemic has an impact on the number of unicorns in the country. In less than two years, Indonesia managed to print almost twice as many unicorns from the 2016-2020 period. A fact that cannot be underestimated and should be appreciated. What has been realized by all parties involved in this industry.

If the previous event only lasted for two days, NextICorn this time is planned to be held for three consecutive days. The first day will be a space for more general participants to build connections and learn many things related to the various advances in the country's technology startup ecosystem.

While the second and third day will be a more exclusive moment for founders and investors. As in the previous NextICorn event, selected startups also have the same opportunity to pitching their business in front of investors.

This event will target the participation of more than 160 startups from all over the country, as well as more than 125 investors both locally and globally. Reflecting on the previous stats, it is estimated that there will be more than 6000 meeting carried out at the NextICorn International Summit 2022.

Edward Chamdani, CEO of NXC 2022, said, "One of the things that distinguishes this year's event from the previous one is that NextIcorn this time will focus not only on startups or companies with services. mainstream, but also players operating in emerging sectors. In addition, this event is also expected to be able to channel the perspective of corporations in the stretching of the technology industry,"

Web3 is not just hyping

As one of the leading consulting companies and also a partner of NextIcorn, Ernst & Young Indonesia found quite fundamental facts related to the startup industry and the digital economy. Investors are now increasingly interested in investing in the latest technology which is now called web3.

Web3 paves the way for a future where different people and machines can interact with data, value and other partners without the involvement of third parties. This capability is due to the substance of peer-to-peer networking. The end product is a modular, human-centered, privacy-preserving computer structure for the next wave of the web.

Today, more and more sectors are starting to see opportunities to adapt this latest technology. The global metaverse economy is also growing exponentially to reach $350 billion in 2021. This is a cause for concern and a reason to look further into what the projected growth of this industry looks like in the future.

NextICorn International Summit 2022 will discuss a lot about the ins and outs of the web3 ecosystem. There is a special area called experience areas, dedicated to participants so that they can experience firsthand with web3 technology. In addition, NextICorn will also invite globally renowned web3 activists including market leaders to participate in this activity.

Chairman NextICorn Rudiantara said "In the previous era, we still focused on technology development in the realm of web 2.0. Through NextICorn this time, we will focus more on providing more in-depth socialization and education regarding the future in this industry, namely web3."