Coinstore Successfully Hosted "Shaping the Future of Web3.0" Conference

Singapore, September 19, 2024 — Coinstore proudly announces its landmark event, the “Shaping the Future of Web3.0” conference, co-hosted with Bitlayer, IVC, and the Cardano Foundation. Scheduled from 9:30 AM to 5:00 PM at the luxurious Fairmont Hotel, Singapore, this conference promises an immersive exploration into the future of digital innovation.

The conference, supported by esteemed sponsors including, DaffiOne, DICT, MXM, Gamer Arena, Prime Numbers Labs, Humanity Protocol, SOULX, LYNX, Dasia, and F1 Meme, features prominent keynote speakers and panelists from leading industry players such as Foresight Ventures, Polygon, Internet Computer, Wintermute, Aethir, Certik Ventures, BlockOn Ventures, CMCC Global, Plutus VC, AirDao, W3GG, Alephium, and others. Attendees gained invaluable insights from top leaders, venture capitalists, and blockchain enthusiasts.

With extensive media coverage from over 50 media partners, including Coin Gape, Blogtienao, and The Coin Republic, the event was broadcast live on CS Live and YouTube. Real-time updates were shared via Coinstore’s Telegram group, and prominent key opinion leaders amplify the event’s reach.

The crypto industry is ready for its next wave of prosperity

At the conference, industry experts, innovation leaders, and professionals from the VC investment field in the Web3 space gathered to discuss the evolution of blockchain technology, the growth of the decentralized economy, investments in the cryptocurrency sector, and how Web 3.0 is redefining our future.

James Toh, Global Head of Business Development at Coinstore, opened the “Shaping the Future of Web 3.0” Conference by highlighting the transformative potential of Web 3.0 in redefining digital interactions. He emphasized Coinstore’s commitment to fostering innovation and collaboration within the blockchain ecosystem. He invited attendees to explore groundbreaking ideas and partnerships that will shape a more inclusive and efficient digital landscape.

Next, Manfred Chew, associate director of Coinstore highlighted the innovative products and services offered by Coinstore, with a special focus on the Launchpad and Coinstore Labs. The Launchpad empowers emerging projects to raise capital and gain visibility, providing a robust platform for growth. Meanwhile, Coinstore Labs is dedicated to nurturing blockchain innovation, offering resources and mentorship to startups, ensuring they thrive in the dynamic crypto landscape. Together, these initiatives position Coinstore as a leader in supporting the future of digital finance.

In the first roundtable panel, Justin Wu, Contributor at Injective Labs, emphasized the significance of reader experience in the context of Web 3.0 innovations within Layer 1 projects. He argued that the primary challenge is to simplify complex concepts, allowing users to fully grasp the value and functionality of these projects. By prioritizing user understanding, Injective Labs aims to distinguish itself in the competitive L1 landscape, ensuring that technology is accessible and beneficial for all users.In regards to how Layer 1 (L1) projects can effectively balance security, speed, and decentralization. Daniel from Polygon and Maud Bannwart from Alephium emphasized that trade-offs should be based on the specific use cases of each L1 chain. Justin Wu firmly asserted that decentralization must never be compromised, as it is the foundation of the entire blockchain industry, while acknowledging that speed may be a more flexible parameter. This nuanced approach highlights the importance of aligning technological decisions with the core values and needs of the crypto ecosystem.

Followed by the partner of IVC, JT Law expressed they are very optimistic about DID, gaming and infrastructure sectors.Decentralization is very important for these information based Dapps. IVC will keep investing in them.

In the afternoon session, Jide Fashola, Global Financial Infrastructure Lead at Cardano Foundation, emphasized Cardano’s commitment to building a robust and inclusive financial ecosystem. He highlighted the platform’s unique proof-of-stake consensus mechanism, which enhances security and sustainability while reducing energy consumption. By prioritizing scalability and interoperability, Cardano aims to create a future where everyone has access to secure and efficient financial services.

In the last panel discussion, the guests explored the significance of NFTs within the Web3.0 ecosystem, particularly their impact on gaming and digital collectibles. Masha from Aethir pointed out that while NFTs appear to be struggling in the U.S. market, they still hold value in gaming by providing players with true ownership and enhancing user experiences. George Chu from Foresight Ventures emphasized that NFTs serve as gaming assets, adding features and characters to games, and may continue to demonstrate utility in the long term. Together, their insights highlight NFTs’ pivotal role in reshaping the gaming industry and digital collectibles market, suggesting a future full of possibilities despite current challenges. In regards to how Web3.0 technology is fueling the growth of GameFi and its implications for the traditional gaming industry. Professor Shinya Yamamoto highlighted that while Japan boasts a massive gaming market, the number of Web3 startups remains limited. He emphasized the importance of finding effective strategies to encourage Web2 gamers to transition into the Web3 space. This shift could significantly reshape the gaming landscape, fostering innovation and expanding opportunities for both developers and players in the evolving GameFi ecosystem.

Last, Charlie Hu, Co-founder of BitLayer, emphasized the platform’s mission to simplify access to blockchain technology and enhance the user experience. He highlighted BitLayer’s innovative approach to decentralized finance, focusing on security and transparency to build trust within the crypto community. By fostering partnerships and integrating advanced solutions, BitLayer seeks to drive mass adoption and create a seamless bridge between traditional finance and the crypto world.

Major announcements and a new milestone for Coinstore

During the conference, Coinstore was excited to introduce its groundbreaking Telegram Bot. This innovative tool is set to transform user engagement by offering real-time updates, instant notifications, and seamless access to key features of the Coinstore platform directly within Telegram.

With Telegram’s extensive global reach, Coinstore ensures that users stay informed and connected, wherever they may be. The Telegram Bot delivers a variety of practical functionalities, such as real-time price tracking, trading alerts, and responsive customer support, all at your fingertips.

Coinstore was there on hand to demonstrate the bot’s features and explore the future of intuitive tools in the cryptocurrency space.Attendees had the exclusive opportunity to experience the bot’s capabilities firsthand and discover how it can streamline their interaction with Coinstore.

A New Chapter Begins

At Coinstore, we are more than just a trading platform; we are committed to making a significant impact on both the industry and society. We firmly believe that blockchain technology has the potential to create a fairer world, and we are dedicated to providing tools that empower individuals to harness the power of Web3.

Our ongoing efforts to foster industry connections and advance the blockchain narrative are exemplified by our Cryptalk and CS Connect events. To date, we have hosted over 35 Cryptalk sessions, nearly 50 CS Connect gatherings, and 22 Expo conferences. These events have successfully built bridges between industry insiders and the global community, receiving enthusiastic participation and warm reception.

The “Shaping the Future of Web3.0” conference marks a new milestone for Coinstore. As we continue to bridge the gap between the industry and the wider world, we are excited to announce that more offline events will follow, bringing insightful discussions and groundbreaking perspectives to our audience.

Thank you for joining us on this journey. We look forward to the future of Web3.0 and the opportunities it will bring.

About Coinstore

Founded in 2020, Coinstore is a world-leading crypto asset trading platform that strongly focuses on emerging high-growth markets.Trusted by more than 8 million users and 175 countries ,Coinstore provides a series of products, including spot trading, futures trading, Launchpad, earn and wallet. Coinstore aims to be the primary entry point for millions of users into crypto assets and become the top exchange in emerging markets by 2025.