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PRESENTS
THE WEB3 INNOVATION FESTIVAL 
THE 2030 AGENDA FOR 
SUSTAINABLE DEVELOPMENT
 

Best practices for building and strengthening the island's sustainability goals, brand, and economy.

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April - November 2023, Ibiza

A space for impacting change in Ibiza

Endorsed by

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“The success of initiatives such as the Web3 Innovation Festival 2023 will contribute to promote the island as a leading destination in quality and sustainability.”

 

Vicente Mari Torres,

President of the Council of Ibiza

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THE PROBLEM

Tourism accounts for more than 84% ​​of Ibiza’s GDP and is a critical component to the Island. However, the effects of this monoculture business to nature, the local ecosystem and inhabitants also needs to be addressed. The 2023 Web3 Innovation Festival, dubbed the space for effecting change in Ibiza island post-pandemic, will take place from March to November. The festival's focus is to demonstrate how tourism can still thrive in Ibiza without the typical negative effects.

BACKGROUND

For decades, Ibiza has been the go-to tourist hub for those who wish to indulge in all the Island has to offer, from its beautiful beaches to deep roots in music and club culture. The world looks to Ibiza as a trendsetter, whether it's music, fashion or luxury experiences. The idea of taking Ibiza into the future would have the eyes of the world, waiting to experience the transition. Unfortunately, today, the renowned Island is on the brink of losing its glory as a leading tourist destination as more pressure has been continuously exerted on the already scarce resources. The growth of tourism, which was once a blessing for many years, is now turning out to be a disaster, with locals taking to the streets to protest against what they term "over-tourism."  What’s more saddening is that 50% of tourists, including the 2 million who visited Ibiza in 2022, say they will unlikely come back. Unless the problem is mitigated through a collective initiative as early as now, we risk losing it all—the island, the local people, and all flora and fauna.

OBJECTIVES

The Web3 Innovation Festival 2023, the first one of its kind, is designed to help transform Ibiza Island into a sustainable tourist hub that meets the UN sustainable goals and is good for tourists, locals and the environment. By the end of the Festival, you'll have an in-depth understanding of how tourism can still thrive despite the typical and negative effects of this monoculture business. The event takes a Web3 approach, thanks to the technology’s potential to advance sustainability initiatives across the board. Since Web3 started gaining mainstream attention, experts have addressed an array of themes surrounding the technology, including parametric crop insurance for protecting farmers, open digital infrastructure for advancing carbon capture, and beyond-the-grid energy solutions for serving remote communities.

Register

WHY ATTEND?

Building a sustainable and malleable model for change empowers you to elevate yourself and be part of the bigger legacy of the empowerment of the Ibiza community and its creative economy.

 

As we also align with the Sustainable Development Goals (SDGs), as adopted by the United Nations Member States in 2015, it is the objective of Web3 Innovation Festival 2023 to help eradicate poverty and hunger, foster gender equality, empower women and girls, promote equal human rights, and, most importantly, protect the planet and its natural resources continually.

The Web3 Innovation Festival 2023 promotes the following SDGs as envisioned in the organization’s 2030 agenda:

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SDG 2. ZERO HUNGER

TARGET 2.A INVESTMENT IN THE AGRICULTURE SECTOR

By 2030, increase investment in rural infrastructure and agricultural research.

SDG 3. GOOD HEALTH AND WELL-BEING

TARGET 3.9 ENVIRONMENTAL HEALTH (CHEMICALS AND POLLUTANTS)

By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contaminants.

SDG 4. QUALITY EDUCATION

TARGET 4.7 GLOBAL EDUCATION FOR SUSTAINABLE DEVELOPMENT

By 2030, ensure that all learners acquire knowledge and skills to promote sustainable development.

SDG 5. GENDER EQUALITY - THE GLOBAL GOALS
Achieve gender equality and empower all women and girls.

SDG 7. AFFORDABLE AND CLEAN ENERGY
TARGET 7.2 SUBSTANTIALLY INCREASE THE SHARE OF RENEWABLE ENERGY IN THE GLOBAL ENERGY MIX

Photovoltaic production in Ibiza increased in 2020 by 0.75. It is essential that the island starts a real transition to sustainable energy in the next few years.

SDG 8. DECENT WORK AND ECONOMIC GROWTH

TARGET 8.9 SUSTAINABLE TOURISM

By 2030, devise and implement policies to promote sustainable tourism that create jobs and promote local culture and products.

SDG 11. SUSTAINABLE CITIES & COMMUNITIES
TARGET 11.1 SAFE AND AFFORDABLE HOUSING

By 2030, ensure access for all to adequate, safe and affordable housing and basic services and upgrade slums.

Calendar
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CALENDAR OF ACTIVITIES

19th - 23rd April

W3IF announcement
Ibiza Smart Island Project

PVBLIC Foundation’s SDG Media Summit at EarthX 2023

31st March

29th June

17th July -

8th September

20th - 21st July

19th - 20th July

21st July

20th - 21st September

17th - 20th October

1st - 3rd November

5th November

International Press Announcement by the Government - Ibiza Council

The concept of the future is explained - Intro to the “Ibiza Elevate Yourself" campaign, Web 3 Innovation Festival 2023

Ibiza Corporate Sustainability Summit

Ibiza is a beautiful Mediterranean island that is known for its stunning beaches, vibrant nightlife and stunning scenery. However, it also faces some unique challenges when it comes to sustainability.

Live Music Festival Launch (10-week program)

Introduction to Live Global Acts and performances from chart topping acts. Festival residency powered by Major Music Labels and Agencies, hosted at an Island SuperClub.

1 Campus Live Workshop

1 Campus presents the Formation Series. This session includes:

  • Live DJ workshop with special guests

  • Production ‘Bedroom Sessions

  • Live performances

Ibiza Renewable Energy Congress: Hosted by Agora Group

More than 100+ Global investors will attend from all around the world to discuss the latest renewable energy technologies, projects and developments

Ibiza Orbital Talks

Version of a TED talk with legends of the Island, critical pioneers of the Island. Talks about innovation, sustainability and culture will take us forward.

Wine and Cuisine Classic - VIP Experience

The Wine & Cuisine Classic is an epicurean showcase of Ibiza’s amazing offerings. A portion of the proceeds from the event will benefit a charity addressing food insecurity on the Island of Ibiza.

Blockchain Week - Ibiza

Ibiza holds the first official Blockchain Week - 4 Days, 4 Blocks, 100 projects, 100 Investors, 1500 attendees

  • Sustainable Block

  • Fintech Block

  • Music Block - 1 Campus 

  • Gaming Block

Metaverse Week

Welcome to the Metaverse, a display in the latest technologies and projects changing the world we live in. Exploring the metaverse and opportunities in technology, music, fashion and culture

Closing ceremony - VIP Sponsored Event
Web3 Innovation Festival Awards Dinner for local businesses recognized by the Council.

INVESTORS

Please see below a partial list of the confirmed Investors for the Web 3 Innovation Festival. A fully updated list will follow shortly.

Vala Capital • Mint Ventures (p/k/a Kero Ventures) • Demeter • Empresas de catapulta • Futuras empresas de energía • Grupo de inversión verde • Sistema operativo fintech • Finch Capital • Impact Ventures • Mercado 1 Capital • Próximas empresas de carreteras • BNP Paribas • Fondo Verde de Dubái • Socios de inversión de Mariana • AP Moller Capital • UVCA • Fondo de capital riesgo de cerebro • Fundación Hbar

Invest
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THE VENUE

The Palacio de Congresos de Ibiza, (Ibiza Conference Centre), is only a short walk from the urban centre of Santa Eulalia.

The unique design of the modern venue is an interpretation of the traditional architecture of the island. The large windows and skylights let in lots of the sunshine and light of Ibiza.

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ORGANIZERS

The Web 3 Innovation Festival Organizing Committee includes world-class experts from venture capital investments, banking and asset management, as well as marketing and strategic development.

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Organizers

OUR FOUNDATIONAL PARTNERS

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Partners
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OUR MEDIA PARTNERSHIPS

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OUR PREVIOUS MEDIA PARTNERS

Yahoo about Block Seoul Davos Jea Johnson Edman
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CONTACT

If you have any questions or interested to become our media partner,
please contact
Flock Formation Group, Inc.

at development@flockformation.com

Contact

OUR PREVIOUS SPEAKERS

Founder and CEO of Wikitribune.com, and founder of Wikia, Wikipedia and the Wikimedia Foundation. Currently serving as the Chair Emeritus and Board Member of the Wikimedia Foundation and Chair of Wikia, Inc

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JIMMY WALES

Founder of Wikipedia

Michael Vincent Hayden is a retired United States Air Force four-star general and former Director of the National Security Agency, Principal Deputy Director of National Intelligence, and Director of the Central Intelligence Agency.

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GENERAL MICHAEL HAYDEN

Former Director of CIA & NSA

President Obama's senior intelligence adviser, a cybersecurity expert, bestselling author of the "Facts and Fears" among other compelling works.

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LT. GENERAL JAMES CLAPPER

The first African American governor  of New York and a lifelong Democrat who has earned praise for his efforts to combat the 2008 New York fiscal crisis.

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DAVID PATERSON

Former Governor of New York

Former Director of U.S. National Intelligence

Dr. Jhun is the Head of the Self-Regulatory Committee of the Korea Blockchain Association. He is a former congressman and has served as a member of the 19th National Assembly in South Korea.  
Dr. Jhun has previously served as the CEO of Hancom, Inc. and as the vice-president of Korea Venture Business Association.

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DR. HAJIN JHUN

Former member of the 19th National Assembly in South Korea

Bobby Lee was the CEO and co-founder of BTCC (formerly BTCChina), the first bitcoin exchange in China and the leading bitcoin financial platform worldwide. Mr. Lee currently serves on the board of Bitcoin Foundation, a non-profit organization that fosters the adoption of bitcoin globally.

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BOBBY LEE

CEO and Co-Founder, BTCC

Chris founded the investment consulting firm MAS in 2003. Prior to MAS, he worked over 8 years at Deutsche Bank, where he cofounded the stable value group, which had peak assets at $15 billion. He has served as an economist and bank regulator at the Federal Reserve Bank of NY. He is currently the Founding Partner of Citdex’s Parcels Network.

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CHRISTOPHER CUTLER

Former Federal Reserve Economist, Founding Partner of Citdex

Leon is in charge of investment and investment banking business of Node Capital, one of the most influential token funds all around the world and #5 in TOP30 VC firms by Crunchbase. Previously he has worked as a financial report in Founder and Strategic director of GEM listed company Dark Horse Venture; Leon is also a founding member of sanhao.com

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LEON SHI

Partner of Node Capital

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