In a significant move for the cryptocurrency industry, CoinW and Solana Superteam are gearing up for a joint debut at Coinfest Asia 2024, scheduled for August 22-23 in Bali, Indonesia. This collaboration marks a pivotal moment for both organizations as they seek to strengthen their presence in the Asian market, which has become increasingly crucial in the global cryptocurrency landscape.
Coinfest Asia, renowned as Asia’s largest Web3 event, has been a cornerstone for innovation and networking in the blockchain industry. The 2023 edition attracted over 2,000 attendees from 52 countries, featuring 80+ speakers from prominent companies and participation from more than 300 firms. The upcoming 2024 event promises to build on this success, offering a diverse range of activities including the ETH SEA Hackathon, aimed at enhancing developer skills in Web3 technology.
CoinW’s participation in Coinfest Asia follows their recent involvement in EDCON, an Ethereum ecosystem-based event in Japan. This strategic move underscores the company’s commitment to expanding its influence across Asian markets. The partnership with Solana Superteam, announced just a month prior through a kickoff video, adds further weight to their presence at the event.
As part of their collaborative efforts, CoinW and Solana Superteam have planned two exclusive side events. On August 22, they will host a VIP after-party, providing a platform for networking with industry peers. The following morning, an invitation-only brunch will serve as the backdrop for CoinW’s announcement of their new product, PropW, along with details of their new Franchisee program for regional partners.
The timing of this collaboration is particularly significant given the recent shifts in the global cryptocurrency market. According to CCData, Korea has surpassed the United States as the world’s largest crypto trading country by volume since the end of last year. This trend, coupled with the recent Bitcoin breakthrough during Asian trading hours, highlights the growing importance of retail trading volumes in Asia.
CoinW’s participation in Coinfest Asia 2024 is part of their broader Expedition Trek initiative. While the first half of this journey focused on establishing a strong presence in US and European markets, including participation in events like Consensus, Money2020, and Proof of Talk, CoinW remains deeply connected to its Asian roots, where it first gained market recognition.
The unveiling of PropW at Coinfest Asia 2024 is expected to be a major highlight of the event. As one of the world’s pioneering cryptocurrency exchanges, CoinW’s new product launch could potentially influence the direction of cryptocurrency trading and investment in the region.
The collaboration between CoinW and Solana Superteam at Coinfest Asia 2024 represents a significant development in the cryptocurrency industry. It not only showcases the growing importance of Asian markets in the global crypto landscape but also demonstrates the power of strategic partnerships in driving innovation and growth in the Web3 space. As the event unfolds, industry observers will be keenly watching for the impact of this collaboration on the broader cryptocurrency ecosystem.
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