Coinfest Asia 2024 is almost upon us. The third edition of the popular crypto, Web3, and blockchain festival is slated to take place on August 22nd and 23rd in Nuanu City, Tabanan, Bali. Over 6,000 people from around the world are attending the festival, including over 150 individuals and brands of the Web3 industry. This year's festival carries the slogan of “Where Innovation Meets Adoption” and offers attendees plenty of activities, panels, and networking opportunities. In addition, Coinfest Asia 2024 highlights the growing influence of Asia in the Web3 ecosystem.<figure class="image"><img src="https://assets.funjible.games/Coinfest_Asia_Speaker_Experience_1_3ac9780baf.jpg" alt="Coinfest Asia - Speaker Experience 1.jpg" srcset="https://assets.funjible.games/thumbnail_Coinfest_Asia_Speaker_Experience_1_3ac9780baf.jpg 156w,https://assets.funjible.games/small_Coinfest_Asia_Speaker_Experience_1_3ac9780baf.jpg 500w,https://assets.funjible.games/medium_Coinfest_Asia_Speaker_Experience_1_3ac9780baf.jpg 750w," sizes="100vw"></figure>&nbsp;<h2>Coinfest Asia 2024 Offering Multiple Experiences</h2>&nbsp;Getting immersed into the many experiences at Coinfest Asia is easy to do. Nuanu City features a charming beach area in addition to 17 immersive locations. Traveling back and forth between these immersive locations is easy as all the areas are integrated. Some of the areas and their associated activities include:<ul><li>Bull Area: This area serves to help attendees connect with Web3 industry leaders to help foster mutually beneficial partnerships.</li><li>Alpha Sessions: This location offers people the ability to participate in various competitions (with prizes ranging up to tens of thousands of USD) as well as showcasing promising crypto projects.</li><li>Breakout Area: Attendees can directly connect and talk to Coinfest Asia speakers.</li><li>Main Stage: Influential Web3 industry figures can be found here offering their analysis and insights via panels, presentations, and more.</li><li>Builders Hut: Developers can learn more about Ethereum Web3 technologies here as well as participating in a hackathon.</li></ul>&nbsp;Other activities taking place at the festival include the Indonesian Blockchain Conference and a trading competition. Participants in the competition work with major crypto exchanges and could win prizes worth up to hundreds of thousands of USD.<figure class="image"><img src="https://assets.funjible.games/Coinfest_Asia_Experience_1_d745729564.jpg" alt="Coinfest Asia - Experience 1.jpg" srcset="https://assets.funjible.games/thumbnail_Coinfest_Asia_Experience_1_d745729564.jpg 156w,https://assets.funjible.games/small_Coinfest_Asia_Experience_1_d745729564.jpg 500w,https://assets.funjible.games/medium_Coinfest_Asia_Experience_1_d745729564.jpg 750w," sizes="100vw"></figure>&nbsp;A major activity at the festival is the ETH SEA Hackathon, which is held in the Builders Hut. The hackathon has a prize pool of $50,000 USD and is designed to showcase the skills of developers as they push innovation. Felita Setiawan, Director of Indonesia Crypto Network (the parent company of the festival), states, “We are holding this ETH SEA Hackathon to promote innovation and showcase developer skills in Web3 technology. This event encourages collaboration, pushes the boundaries of blockchain technology, and gives birth to innovation, which ultimately increases adoption.”&nbsp;<h2>Notable Speakers Appearing at Coinfest Asia 2024</h2>&nbsp;Many of the most notable people within the Web3 industry will be attending and speaking at Coinfest Asia 2024, including:<ul><li>Mo Shaikh (co-founder and CEO of Aptos)</li><li>Justin Sun (founder of Tron)</li><li>Oleg Fomenko (co-founder of Sweat Economy)</li><li>Wei Zhou (CEO of Coins.ph)</li><li>Gracy Chen (CEO of Bitget)</li><li>Miguel Moorcraft (Chief Staff of Star Atlas)</li><li>Yoann Franck Turpin (co-founder of Wintermute)</li><li>Oscar Darmawan (CEO of Indodax)</li><li>Yudhono Rawis (CEO of Tokocrypto)</li></ul>&nbsp;Also speaking at the festival is Shash Gupta, the founder of <a href="https://www.altcoinbuzz.io/">Altcoin Buzz</a> and <a href="https://funjible.games/">Funjible Games</a>, both of which are media partners of Coinfest Asia 2024. He will be speaking about the Ultimate Altcoins Watchlist on August 23rd at the Alpha Stage at 3:45 PM Bali time. Of the crypto, blockchain, and Web3 event, he says, “Coinfest in Bali is easily my favorite crypto event, and I have attended, covered, and spoken at hundreds of global events. This will be my third year at Coinfest and second year as a speaker. Crypto is about community, builders, and money, and you can connect with all three in abundance at the event. A relaxed vibe mixed with great discussions with some of the top minds in the cryptocurrency space makes for a splendid place for builders and enthusiasts alike. Kudos to Steven and the awesome Coinfest team to up their game each year. See all you cryptoheads there.”<figure class="image"><img src="https://assets.funjible.games/CA_24_Speakers_Line_Up_Landscape2_baf1af9e2c.jpg" alt="CA24_Speakers LineUp Landscape2.jpg" srcset="https://assets.funjible.games/thumbnail_CA_24_Speakers_Line_Up_Landscape2_baf1af9e2c.jpg 245w,https://assets.funjible.games/small_CA_24_Speakers_Line_Up_Landscape2_baf1af9e2c.jpg 500w,https://assets.funjible.games/medium_CA_24_Speakers_Line_Up_Landscape2_baf1af9e2c.jpg 750w,https://assets.funjible.games/large_CA_24_Speakers_Line_Up_Landscape2_baf1af9e2c.jpg 1000w," sizes="100vw"></figure>&nbsp;<h2>Asia Becoming a Major Web3 Hub</h2>&nbsp;An important facet of Coinfest Asia 2024 is that it showcases the growing importance and influence of Asia in the Web3 industry. While many Western nations have shown hostility to the crypto and blockchain industries, Asia is providing a much more welcoming environment. In fact, Recap issued a report that ranked Singapore, Dubai, and Hong Kong among the top ten cities for fostering a “crypto-clear” environment. Singapore boasts over 247 fintech companies while Hong Kong is home to over 150 Web3 companies. However, Dubai claims the throne by having 772 crypto-based companies.Industry analysts project that the Asia-Pacific region will record the fastest income growth rate. This is due to high demand from banking, health, e-commerce, insurance, and financial services sectors. Emergen Research expects the global Web3 market to hit US$81.5 billion by 2030. In that same time frame, the Web3 market is expected to hit US$6.4 billion in Southeast Asia alone. Highlighting the growing influence of Asia is the fact that Vietnam, Indonesia, India, and the Philippines are all in the top ten countries for crypto-asset adoption.To learn more about Coinfest Asia 2024, visit the <a href="https://coinfest.asia/">official website</a>.&nbsp;

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