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Coinfest Asia Crypto Festival was a Big Success! Attended by 1.500 People from 52 Countries

Coinfest Asia, Asia’s Top Insight & Networking Festival Crypto, Blockchain, Web3, Metaverse, and NFT was successfully held from the 25th until the 26th of August 2022 at Cafe Del Mar, Bali. Held at a beach club, Coinfest Asia successfully created an event that was both insightful and relaxing for crypto enthusiasts all over the world. 

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 investors mindset. 

“Every year before the pandemic we always held Coinfest, but this year we wanted it to be bigger with a more relaxing concept that we think suits the crypto industry’s mindset. The ambiance we think has eased crypto enthusiasts to gain knowledge and connections by being in the most comfortable crypto event.” 

Said Felita Setiawan. 

The Coinfest Asia was opened by the Vice Minister of Trade, Jerry Sambuaga. In his opening remarks he stated that Coinfest Asia was one of the most prominent events that supports 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 risen significantly where in December 2020 the total volume of transactions was at Rp64,9 Trillion and in December 2021 it rose to around Rp859 Trillion. This could be beneficial for the country’s income, thus I am very happy this event can support Indonesia’s crypto ecosystem, that is why the government is happy to support the digital trade 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’s Chamber of Commerce. 

This festival event was attended by more than 1.500 individuals including crypto experts, investors, developers, and regulators from across 52 countries around areas such as Web3, Blockchain, and NFTs and had attracted much attention in just around two days it was held.  

As an example, in the two days that it was held, Coinfest Asia had four areas of events, Main Stage, Breakout Area, Bull Area, and Whale Room. Majority of the event was at the Main Stage, where all of the conference and panel discussions were held. The Breakout Room was a place for attendees and speakers to network and connect with each other.  The Whale Room and The Bull Area was specifically designed for bull ticket attendees to network and pitch their projects to each other for collaboration and funding opportunities. 

ICN also launched its newest crypto media called Coindesk Indonesia which is a media portal for updates around crypto, blockchain, NFTs, Web3, investing, and other updates around technology in Indonesia and the World. Coindesk indonesia always thrive to capture opportunities and updates for crypto investors to educate with trustable, high integrity, and easily understandable information.