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FTX Collapse Not Enough To Break Crypto Community Spirit: IBW 2022

Published on

January 21, 2023
Read Time:3 Minute, 41 Second

Istanbul Blockchain Week opened its doorways on November 14 to deliver the crypto and blockchain ecosystem collectively in Istanbul, Turkey. Cointelegraph attended the occasion with a Cointelegraph Turkey sales space and an Istanbul-based editor to witness first-hand the influence of the FTX collapse — the result was sudden.

A global hub of greater than 15 million folks, Istanbul was rocked by a bomb assault on Taksim, the town middle, on the night of November thirteenth. Nonetheless, the next day, after session with native safety authorities, Istanbul Blockchain Week (IBW) opened its doorways to greater than 2,000 worldwide members and over 100 audio system.

Along with a year-long bear market and the collapse of the FTX, attendees at IBW 2022 additionally needed to take care of final evening's emotional stress. Each occasions have been ubiquitous themes on the primary stage and within the efficiency corridor.

Hello!

Cointelgraph is attending Istanbul Blockchain Week, bringing you the most recent updates reside from Turkey.

Watch this thread... pic.twitter.com/DusFaf4xCT

— Cointelegraph (@Cointelegraph) November 14, 2022

Erhan Korhaliller, organizer of the occasion and founding father of EAK Digital, addressed each subjects in his opening speech. Other than the individuals who simply barely landed in İstanbul hours forward of their stage time, the vast majority of the audio system began by providing their condolences to the victims of the terrorist assault.

Nonetheless, Istanbul Blockchain Week 2022 has managed to strike a steadiness of sustaining a respectful tone for the considerations of Istanbul residents whereas sustaining the leisure side of the present. Nothing was too flashy however the ambiance was all the time vibrant and vibrant. Over the following 4 days, key names from the crypto business took the stage one after the opposite in entrance of a completely targeted and attentive viewers.

Cointelegraph Turkey made a splash at IBW 2022 because of a big sales space overseen by the Kriptomeda staff.

IBW 2022 made fairly intelligent use of the Hilton Bomonti lodge's occasions house to supply breakout zones throughout crowded networking actions. Visitors have been offered with espresso, tea and water for refreshment throughout heated conversations.

The principle stage, too huge for a 2,000-person occasion, was divided into three elements, lit solely by mild from kiosks displaying cool-looking non-fungible tokens (NFTs); the NFT Gallery was subsequent to the stage. The opposite facet of the gallery was reserved for IstanHack, the place builders from neighboring nations competed to construct a Web3 mission.

A stroll by the NFT gallery... pic.twitter.com/kCrrP4DP41

— Cointelegraph (@Cointelegraph) November 14, 2022

This system of occasions left no nook of the broader cryptoverse unexamined: market makers, exchanges, decentralized finance (DeFi) suppliers, blockchain gaming and metaverse huge weapons stuffed the occasion space and foremost stage to supply a complete image of what's going on within the crypto world happening world.

Associated: The Turkish Monetary Authority is investigating the collapse of FTX

One factor that stood out all through the present was the positivity and preserve constructing philosophy. It might not take a journalist to grasp that the ecosystem actually believes within the growth of the bear market.

In the course of the occasion, Cointelegraph noticed bold initiatives with younger and gifted groups becoming a member of the competitors proper after the largest meltdown in crypto historical past, world exchanges utilizing the native side of the occasion to announce their enlargement into the Turkish market, and Business veterans who shared the knowledge and technique to endure the negativity of the mainstream media.

Wonderful view on the highest ground. Bomonti, Istanbul.

Therefor @IstanbulBlockWk examine over @Cointelegraph usually for updates. pic.twitter.com/3Xsls4mfKI

— Erhan (@ErhanKahraman) November 14, 2022

Cointelegraph's floor staff filmed a number of video interviews with audio system on the Cointelegraph Turkey sales space, most of which have been launched Cointelegraph Turkey's YouTube channel. Between a panel moderation and many sales space browsing, Cointelegraph editor Erhan Kahraman additionally managed to take a seat down with famend cryptographer and Elixxir CEO David Chaum, and blockchain safety professional HashEx CEO Dmitry Mishunin. Each interviews are printed in Cointelegraph.

The preliminary announcement of IBW 2022 is dated early 2022, so it is protected to imagine the small print and agenda have needed to be barely up to date as a result of current meltdown. Nonetheless, the primary message was clear: crypto is right here to remain and the crypto revolution is larger than FTX.

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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : January 21, 2023
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