Foresight News reported on the spot that in the "Web3.0 Standardization Innovation Summit" of the "2023 Hong Kong Web3 Carnival" sub-venue 4, Du Yu, head of Wanxiang Blockchain Laboratory, said in a keynote speech that the existing problems in the construction of Web3.0 standards The problem is that most of the large commercial organizations and scientific research institutions are involved, and these institutions may lack talents who really understand the Web3.0 standard. The organizational change of the Web3.0 standard should be regarded as a public product, and it is recommended to drive the research and formulation of the Web3 standard in the form of DAO. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.