Coinfest Asia 2024 was efficiently held in Nuanu, Bali on 22-23 August 2024.
the most important crypto and Web3 pageant in Asia, the occasion attracted greater than 6,000 individuals from varied international locations
international locations, marking a pivotal second for the Web3 trade within the area.
Kasan, head of the Commodity Futures Buying and selling Regulatory Company (BAPPEBTI), pressured
the significance of Coinfest Asia as a number one platform for stakeholders within the crypto asset trade
change information, collaborate and promote innovation.
“Coinfest Asia serves as a key platform for trade gamers to share insights, collaborate,
and discover improvements in blockchain and Web3 applied sciences which might be very important to everybody
strengthening the nation's crypto-asset sector,” Kasan acknowledged.
Now in its third version, Coinfest Asia is experiencing spectacular development with a 50% improve
in annual individuals – from 2,000 individuals within the first yr in 2022 to 4,000 in 2023 and
in 2024 it’s going to exceed 6,000.
Based on Felita Setiawan, the outstanding development this yr was pushed an increasing number of
favorable situations inside Web3 and the crypto trade.
“This yr, the market situations are considerably extra favorable and the participation of individuals
was considerably increased. We now have launched extra interactive panel classes that permit direct
interplay between individuals and audio system. As well as, the occasion was designed to be extra
immersive, involving actions tailor-made to completely different audiences, together with avid gamers and
builders,” famous Felita Setiawan.
With the theme “The place Innovation Meets Adoption”, Coinfest Asia 2024 efficiently delivered
collectively, greater than 150 international crypto and Web3 specialists organized 100 panel discussions, 100 facet
occasions and facilitated the creation of over 25,000 significant connections
enterprise alternatives and innovation.
The occasion additionally supplied a novel alternative for international Web3 corporations to judge Indonesia
potential inside the international Web3 atmosphere. Firms like Web Laptop, Manta and
Pendle expressed his admiration for the passion and speedy development of Indonesia's Web3
ecosystem.
Dominic Williams, Founder and Chief Scientist, DFINITY Basis (Web Laptop),
commented: “The standard of Indonesian builders is among the many highest on this planet – this was
an surprising discovery. We’re extraordinarily optimistic about Indonesia.”
Victor Ji, co-founder of Manta, shared his view: “I’m very optimistic
group right here. They’re deeply invested within the consumer expertise and the merchandise they create.”
Anthony, head of development at Pendle, echoed this sentiment, including: “The expansion of Web3 v
Indonesia is clearly evident, which is mirrored within the vibrant vitality I witnessed at Coinfest.”
Coinfest Asia Targets and Imaginative and prescient for 2025
2025 is anticipated to be a transformative yr for the crypto trade, particularly in Indonesia.
Beginning in January 2025, the Monetary Companies Authority (OJK) will take over.
oversight of the crypto trade by BAPPEBTI, a shift that’s anticipated to contribute to the higher
and steady atmosphere for crypto and Web3 sectors.
As blockchain and crypto adoption continues to speed up globally, Coinfest
Asia 2025 will return with a concentrate on addressing important trade challenges together with
advances in Actual World Property (RWA), Digital Id, AI in blockchain and navigation
an more and more advanced regulatory atmosphere. As well as, Coinfest Asia 2025 will function a
stage for main bulletins from main crypto tasks which might be poised to drive substantial development
developments within the area.
Felita Setiawan commented: “Coinfest Asia 2025 goals not solely to double this yr's attendance
but additionally to boost the motion to new heights. We intend to introduce prolonged interactive
expertise, welcome extra international trade leaders and increase networking alternatives
to fulfill the rising demand for Web3 applied sciences and their significance in Asia.”
About Coinfest Asia
Coinfest Asia is the most important international pageant devoted to crypto and Web3, bringing the trade collectively
leaders, innovators and communities to have interaction, be taught and collaborate to form the longer term
Web3 expertise. Coinfest Asia is held yearly in Bali and continues to function the premiere occasion
a platform to increase the attain of the trade and strengthen its ecosystem within the area.
Coinfest Asia 2024 is proudly supported by over 60 sponsors together with Polkadot, Mandala
Chain, Coinstore, OKEx Pockets, CoinTech2u, CFX, Aptos, Haqq, Google Cloud, Ripple, Indodax,
Tokocrypto, Pintu, Triv, Cloudmile, MEEET, Staynex, W3GG, BRI Financial institution, Bitget and plenty of extra.
