The FTX collapse not enough to break crypto community’s spirit: IBW 2022


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Istanbul Blockchain Week kicked off on November 14, bringing together the cryptocurrency and blockchain ecosystems in Istanbul, Turkey.Cointelegraph participated in the event Cointelegraph Turkey Booth and our Istanbul-based editors experienced first-hand the impact of the FTX demise. The results were unexpected.

Istanbul, an international hub of more than 15 million people, was bombed in the city center Taksim on the night of November 13th. However, the next day, after consulting with local security officials, Istanbul Blockchain Week (IBW) opened its doors to more than 2,000 of his international attendees and more than 100 of his speakers.

In addition to a year-long bear market and FTX collapse, IBW 2022 attendees also had to deal with the emotional stress of last night’s events. Both events attracted a lot of attention on the main stage and event hall.

Erhan Korhaliller, event organizer and founder of EAK Digital, addressed both topics in his opening speech. With the exception of those who were unable to land in Istanbul a few hours before stage time, the majority of the speakers began by offering their condolences to the victims of the terrorist attack.

However, Istanbul Blockchain Week 2022 managed to find a balance between maintaining the entertainment aspect of the show while maintaining a tone that respects the concerns of the people of Istanbul. But the atmosphere was always lively and colorful. Over the next four days, key figures in the crypto industry took to the stage one after another in front of a fully focused and attentive audience.

Cointelegraph Turkey turned heads at IBW 2022 thanks to a large booth curated by the Kriptomeda team.

IBW 2022 cleverly used the event area of ​​the Hilton Bomonti hotel to provide a resting zone for the crowded networking activities. Guests were presented with coffee, tea and water to refresh themselves during heated conversations.

The main stage, which was too large for the 2,000-person event, was divided into three parts, lit only by the lights of kiosks presenting cool-looking non-fungible tokens (NFTs). The NFT gallery was adjacent to the stage. The other side of the gallery was set aside for his IstanbulHack, where developers from neighboring countries were vying to build his Web3 project.

The event’s agenda was not checked through the extended Cryptoverse’s nooks and crannies. A cannon of market makers, exchanges, decentralized finance (DeFi) providers, blockchain games and the Metaverse filled the event area and main stage, providing a comprehensive picture of what is happening in crypto. world.

Related: Turkish Monetary Authority Investigates FTX Collapse

What stood out throughout the show was its positivity and “keep building” philosophy. It doesn’t take a journalist to understand that the ecosystem really believes in building a bear market.

During the event, Cointelegraph will showcase young and talented teams joining the competition in the immediate aftermath of the biggest collapse in crypto history, global exchanges using the local side of the event to announce their expansion into the Turkish market, industry We have seen an ambitious project where veterans share their wisdom and strategies. To put up with the negativity of the mainstream media.

Cointelegraph’s ground team filmed several video interviews with speakers at the Cointelegraph Turkey booth. cointelegraph turkish YouTube channelIn between moderating the panel and lots of booth surfing, Cointelegraph editor Arhan Kahraman met with renowned cryptographer and Elixxir CEO David Chaum and blockchain security expert HashEx CEO. I was able to sit with Dmitry Mishunin. Both interviews will be published on Cointelegraph.

Since the first announcements of IBW 2022 date back to early 2022, it’s safe to assume that the recent meltdown forced us to update its details and agenda slightly. But the main message was unmistakable. Crypto is here to stay and the Crypto revolution is bigger than his FTX.