Cryptocurrency

The FTX collapse not sufficient to interrupt crypto group’s spirit: IBW 2022

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Istanbul Blockchain Week opened its doorways on Nov. 14 to convey the crypto and blockchain ecosystem collectively in İstanbul, Turkey. Cointelegraph attended the occasion with a Cointelegraph Turkey sales space and an İstanbul-based editor to expertise the influence of the FTX collapse firsthand — the consequence was surprising.

As a global hub housing greater than 15 million individuals, İstanbul was shaken by a bombing assault in Taksim, town middle, on Nov. 13 night. But, the next day, Istanbul Blockchain Week (IBW) opened its doorways to greater than 2,000 worldwide attendees and over 100 audio system after consulting with native safety authorities.

On high of a year-long bear market and the FTX collapse, IBW 2022 attendees additionally needed to take care of the emotional stress of what occurred final evening. Each occasions have been ever-present subjects on the principle stage and within the occasion corridor.

Erhan Korhaliller, the organizer of the occasion and the founding father of EAK Digital, talked about each subjects throughout his opening speech. Excluding the individuals who barely managed to land in İstanbul hours earlier than their stage time, the vast majority of audio system began by giving condolences to the victims of the terrorist assault.

Nonetheless, Istanbul Blockchain Week 2022 managed to discover a stability to maintain a respectful tone to the concerns of İstanbulites whereas sustaining the leisure side of the present. Nothing stood out as too flashy, however the ambiance was at all times vibrant and colourful. The following 4 days noticed key names from the crypto business taking the stage one after one other in entrance of a totally targeted and attentive viewers.

Cointelegraph Turkey had a splash at IBW 2022 because of a giant sales space overseen by the Kriptomeda workforce.

IBW 2022 used the occasion space of the Hilton Bomonti lodge quite cleverly to supply break zones throughout crowded networking actions. Friends have been introduced with espresso, tea and water to refreshen throughout heated conversations.

The principle stage, which was too massive for a 2,000-person occasion, was divided into three components, illuminated solely with the sunshine of kiosks that current cool-looking nonfungible tokens (NFTs); the NFT Gallery was neighboring the stage. The opposite aspect of the gallery was reserved for IstanHack, the place the builders from neighboring nations competed to construct a Web3 venture.

The occasion agenda left no nook of the expanded cryptoverse unchecked: market makers, exchanges, decentralized finance (DeFi) suppliers, blockchain gaming and metaverse massive weapons crammed the occasion space and the principle stage to supply a complete image of what’s occurring within the crypto world.

Associated: Turkey’s monetary authority investigates FTX’s collapse

One factor that stood out throughout the entire present was the positivity and the “hold constructing” philosophy. It wouldn’t take a journalist to grasp that the ecosystem actually believes within the bear market constructing.

Through the occasion, Cointelegraph noticed formidable tasks with younger and proficient groups becoming a member of the competitors proper after the most important collapse in crypto historical past, international exchanges utilizing the native side of the occasion to announce their enlargement into the Turkish market, and business veterans sharing knowledge and technique to endure the negativity of the mainstream media.

The Cointelegraph floor workforce shot a number of video interviews with audio system on the Cointelegraph Turkey sales space, most of which have been printed on Cointelegraph Turkey’s YouTube channel. Between a panel moderation and many booth-surfing, Cointelegraph editor Erhan Kahraman additionally managed to take a seat down with famend cryptographer and Elixxir CEO David Chaum in addition to blockchain safety professional HashEx CEO Dmitry Mishunin. Each interviews can be printed in Cointelegraph.

The primary announcement of IBW 2022 dates again to early 2022, so it’s secure to imagine that its particulars and agenda wanted to be marginally up to date because of the latest meltdown. Nonetheless, the principle message was unmistakable: Crypto is right here to remain, and the crypto revolution is greater than FTX.