Most recently, the Dubai edition of VCStartup Connect connected industry leaders and investors with aspiring tech builders. They came together to learn and understand how Web3 is progressing and becoming adopted into traditional industries. Held in Dubai's leading business district for Web3 innovation, the event fostered discussions on blockchain technology, regulatory strategies, and the future of decentralized applications. VCStartup Connect was an energetic venue for exchanging ideas. Most importantly, it made the right connections happen between the people who are driving the industry’s future.

Blockchain Integration and User Experience

One of the big themes running throughout VCStartup Connect was how blockchain technology fit right into traditional industries. Mastercard’s Rajat Sakhuja focused on his company’s commitment to making blockchain more user-friendly. They’re taking a collaborative and iterative approach to help make the tech more user-friendly. Filippo Buzzi of HexTrust shared insights on pilot programs with government entities such as the Dubai Land Department, showcasing practical applications of blockchain in streamlining operations.

Kate Zem of Formula Agency made the point that whoever can make these user experience tools better would push that broader adoption, to Web3 and beyond.

"Web2-native UX for Web3 tools" - Kate Zem (Formula Agency)

The panelists were mostly in consensus on one thing—if blockchain is to ever thrive in more traditional industries, its application should be transparent. This largely user-centric approach will give users a more seamless, more natural experience.

Regulatory Landscape and Strategic Partnerships

The event also delved into Dubai's regulatory strategy, with Belal Jassoma from DMCC, Dan Johnson from VARA, and Irina Heaver from NeosLegal providing insights on the region's approach to fostering innovation while ensuring regulatory compliance. DMCC, in its capacity as strategic partner, was integral in bringing the event together by providing the venue and supporting the event’s success.

VCStartup Connect would not have been possible without the support of industry-leading partners such as Dojo, Quranium, and Syntropica. These contributing partners made possible the impactful grants from QuillAudits, Cointelegraph & DMCC. NewTribe Capital, a pioneering VC firm headquartered in Dubai, was particularly intentional about curating the investor list. They prioritized both diversity and building a high-quality group of investors.

Insights from Industry Leaders

Gerrit Stein of DAMAC highlighted blockchain’s ability to change the way we think about real estate development.

"We create ‘speedboats’ inside the enterprise to test blockchain initiatives without sinking the ship." - Gerrit Steen (DAMAC)

Bruno Calabretta, DFINITY, Mario Casiraghi, Fetch.ai, Tina Qi, Monad Foundation, and Vladislav Ponomarev, TON Factory were other excellent and engaging pitches. Each reflected on their extensive experience to offer insight and advice on what’s needed to build a better future with Web3. A highly accomplished panel of judges considered the startups competing in the showcase. The panel was made up of members from CLS Global, Draper Dragon, Tess Ventures, 50x Capital and ICP.