Coinfest Asia Crypto Festival was a huge success!
Coinfest Asia, Asia’s Top Insight & Networking Festival Crypto, Blockchain, Web3, Metaverse and NFT was successfully held from 25-26 August 2022 at Cafe Del Mar, Bali. Coinfest Asia was held at a beach club and successfully created an event that was both insightful and relaxing for crypto enthusiasts worldwide.
According to Felita Setiawan, Project Director of Coinfest Asia and Director of Coinvestasi, this event was intentionally held with a concept that suits the crypto investor mindset.
“Every year before the pandemic we always held Coinfest, but this year we wanted it to be bigger with a more relaxed concept that we think fits the mindset of the crypto industry. The atmosphere we believe has made it easier for crypto enthusiasts to gain knowledge and connections by being in the most comfortable crypto event.”
Said Felita Setiawan.
Coinfest Asia was opened by the Deputy Minister of Trade, Jerry Sambuaga. In his opening remarks, he stated that Coinfest Asia was one of the most prominent events supporting crypto growth in Indonesia.
“Congratulations to Coinfest Asia for creating this event, I see the crypto industry as a very beneficial and potential industry for the country. Crypto transactions in Indonesia had also increased significantly, where the total volume of transactions in December 2020 was Rp 64.9 trillion and in December 2021, it rose to around Rp 859 trillion. This can be beneficial for the country’s income, so I am very happy that this event can support Indonesia’s crypto ecosystem, that is why the government is happy to support the digital trading ecosystem.”
Said Jerry Sambuaga.
Coinfest Asia was held by Coinvestasi, a media company that is the subsidiary of Indonesia Crypto Network (ICN). This event was supported by Coindesk Indonesia, Indonesian Blockchain Association, Singaporean Blockchain Association and Indonesia Chamber of Commerce.
This festival event was attended by more than 1500 individuals including crypto experts, investors, developers and regulators from across 52 countries around areas such as Web3, Blockchain and NFTs and had attracted a lot of attention in just two days it was held.
As an example, during the two days it was held, Coinfest Asia had four areas of events, Main Stage, Breakout Area, Bull Area and Whale Room. The majority of the event was on the Main Stage, where all the conference and panel discussions were held. The Breakout Room was a place where attendees and speakers could network and connect with each other. The Whale Room and The Bull Area were specially designed for bull ticket participants to network and showcase their projects to each other for collaboration and funding opportunities.
ICN also launched its latest crypto media called Coindesk Indonesia which is a media portal for crypto updates, blockchain, NFT, Web3, investment and other updates about technology in Indonesia and the world. Coindesk indonesia always thrives on capturing opportunities and updates for crypto investors to educate with reliable, high integrity and easy to understand information.
