Event on: 26 October 2023
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On October 26, 2023, Zeeve held a Twitter AMA session where Karthik MS, Social Media Manager of Zeeve, hosted the session on “Leveraging Web3 For A Skill Centric Economy.”
Karthik begins the session by welcoming esteemed guest Priyanka Kamath, Founder & CEO of 100 Girls In Blockch(AI)n, co-founder of “Workbucks.io and Skill-Ex,” and a seasoned entrepreneur at the forefront of a transformative movement.
The session is centered around harnessing the potential of Web3 technology for building a skill-centric economy.
Priyanka offers gratitude for the introduction and clarifies her affiliation with Stanford while sharing her enthusiasm for the potential of Web3 technology to bring about equitable and positive change.
The conversation delves into the core topic of how Web3 technology can reshape the traditional landscape of skills and employment, leading to the emergence of a skill-centric economy.
Priyanka expresses her passion for this subject, explaining that her journey in entrepreneurship began during the pandemic where she aimed to address the challenges faced by millions of students entering the workforce. Despite having prestigious degrees, many of these individuals struggled to secure jobs due to a focus on memorization rather than applied knowledge in traditional education.
To address this gap, Priyanka developed a skill recommendation engine using artificial intelligence and natural language processing, which mapped 5,000 jobs to 75,000 skills. The engine provided students with insights into suitable career paths, freeing them from the constraints of traditional career trajectories.
Web3 technology, according to Priyanka, allows individuals to bypass the need for a traditional four-year degree and offers opportunities to showcase their skills through projects, smart contracts, and community participation. She highlights how Web3 fosters a participatory economy, empowering individuals to sell their work and earn revenue without relying on major tech companies.
Priyanka offers a real-world example related to education and game development. She mentions platforms like Sandbox, where even those without coding knowledge can create educational apps. She emphasizes the transparency and participatory nature of Web3, which enables individuals to earn passive income and build their communities.
The conversation further touches upon the inclusivity of Web3 and its potential to enable women to excel in technical fields, breaking down traditional gender barriers.
Karthik appreciates Priyanka’s contributions and proceeds with a question about successful projects, platforms, or influencers who have embraced Web3 to create skill-centric ecosystems.
Priyanka cites several examples, including “People Art,” “Eat Global,” and the “Creative Commune.” She applauds these initiatives for their contributions to the decentralization and tokenization of skills and art forms.
Karthik continues the conversation by discussing the role of decentralization and blockchain in validating and monetizing individual skills within the regulatory framework.
Priyanka explains how blockchain and Web3 eliminate the need for experience-based hiring and intermediaries in the job market. She emphasizes the importance of students gaining real-world exposure and domain knowledge. She encourages individuals to explore different industries and upskill themselves for the evolving Web3 landscape.
Lastly, Priyanka concludes with a focus on the challenges and barriers that must be overcome to fully realize the potential of a skill-centric economy in a Web3 context.
She also stresses the importance of not giving up on one’s passion and advises individuals to travel, seek exposure, and dabble in various industries. She envisions a future where everyone has their digital identity in a tokenized world, breaking down barriers to education and opportunity.
Thus, wrapping up the session, Karthik expresses gratitude to the audience for their time and attentive listening.
To find the detailed discussion on “Leveraging Web3 For A Skill Centric Economy.”
Click the link below and listen to the Zeeve Tech Talk episode.
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