• Market Cap: $2,418,160,157,835.35
  • 24h Vol: $108,433,118,919.67
  • BTC Dominance: 56.67%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022

Jon Hartney by Jon Hartney
August 8, 2022
in Bitcoin, Blockchain, Business, Market
0
For Bitcoin To Win, We Must Burn The Ships
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

“Even though it’s hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo.

Sam Seo, the director of metaverse-focused blockchain Klaytn Foundation believes widespread adoption of the Metaverse will be “easier” if Web2 companies integrate the tech with their products and services.

Speaking to Cointelegraph during the Korea Blockchain Week (KBW) on Aug. 8, Seo suggested that Web3 Metaverse projects generally have issues attracting a mainstream audience, as normal people often have a hesitancy to use new technology from companies that they have never heard of.

Related articles

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

July 24, 2026
Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

July 23, 2026

“If new ideas are combined with Web2 platforms like [social media app] Kakao, especially in South Korea, there’s accessibility to these new ideas for new services that could be easier than just starting from scratch.”

“Even though it’s hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” he explained.

Klaytn’s blockchain is primarily geared towards hosting Metaverse, GameFi, and creator economy applications, and is one of the biggest projects of its type in South Korea.

During a presentation at KBW, Seo said the team is hoping to scale up its transaction throughput and while also bringing the cost of transaction fees down.

“We’re smart enough to know that people are still hesitating about using this platform because anyway, they have to pay something right. So we believe that gas fees should be as low as possible. So they can have the people enter this area. That’s our thought. And that’s why we are trying to reduce the gas prices,” he said.

Related: Major crypto exchange announces its arrival in the metaverse

Seo also revealed that Klaytn will roll out an open-source Metaverse package with tools for builders to foster development on the blockchain later this year.

[Klaytn at #KBW2022]

We hope you enjoyed Sam Seo's Keynote speech, here's a short recap of what he shared:

Why choose #Klaytn
Open Source package for the #Metaverse
Upcoming events #KlayDevDay #Klaymakers22
Klaytn's 2022 Roadmap pic.twitter.com/jukNUne0Mr

— Klaytn (@klaytn_official) August 8, 2022


Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

by Jon Hartney
July 24, 2026
0

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance - Read the full

Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

by Jon Hartney
July 23, 2026
0

Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track - Read the full

Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License

Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License

by Jon Hartney
July 23, 2026
0

Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License - Read the full

Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical

Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical

by Jon Hartney
July 23, 2026
0

Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical - Read the full

BlackRock IBIT And MicroStrategy Show Two Very Different Ways To Accumulate Bitcoin

BlackRock IBIT And MicroStrategy Show Two Very Different Ways To Accumulate Bitcoin

by Jon Hartney
July 23, 2026
0

BlackRock IBIT And MicroStrategy Show Two Very Different Ways To Accumulate Bitcoin - Read the full

Load More
  • Trending
  • Comments
  • Latest
SUI Price Hits All-Time High – But Questions About Valuation Remain

SUI Price Hits All-Time High – But Questions About Valuation Remain

October 17, 2024
Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

October 17, 2024
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

October 17, 2024
Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

October 17, 2024
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance

July 24, 2026
Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track

July 23, 2026
Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License

Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License

July 23, 2026
Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical

Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical

July 23, 2026

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • SEC Sets 24-Hour Trading Roundtable As Markets Move Toward Always-On Finance July 24, 2026
  • Japan’s Crypto Law Changes Put Bitcoin ETF Hopes On A Longer Track July 23, 2026
  • Kraken’s UK Setup Shows Why Crypto Regulation Is More Complicated Than A Simple License July 23, 2026
  • Marathon’s Utah Landfill Gas Pilot Shows Bitcoin Mining’s Energy Story Is Getting More Practical July 23, 2026
  • BlackRock IBIT And MicroStrategy Show Two Very Different Ways To Accumulate Bitcoin July 23, 2026

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market
  • Uncategorized

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%