Press Releases

With great enthusiasm, Coinstore shares the success of the \"Shaping the Future of Web3.0\" conference.

Singapore, September 19, 2024 — With great excitement, Coinstore reveals details about its nine landmark event, the \"Shaping the Future of Web3.0\" conference, which is co-hosted with Bitlayer, IVC, and the Cardano Foundation. This full-day conference at the elegant Fairmont Hotel in Singapore promises to take attendees on a deep dive into the next steps for digital innovation.

The event, backed by renowned sponsors like DaffiOne, DICT, MXM, Gamer Arena, Prime Numbers Labs, Humanity Protocol, SOULX, LYNX, Dasia, and F1 Meme, features influential keynote speakers and panelists from major industry players including Foresight Ventures, Polygon, Internet Computer, Wintermute, Aethir, Certik Ventures, BlockOn Ventures, CMCC Global, Plutus VC, AirDao, W3GG, Alephium, among others. Participants had the chance to soak up invaluable insights from top-tier leaders, venture capitalists, and blockchain advocates.

Covered by over 50 media partners such as Coin Gape, Blogtienao, and The Coin Republic, the event was streamed live on CS Live and YouTube. Attendees received real-time updates through Coinstore’s Telegram group, with key opinion leaders extending the event’s outreach.

The crypto sector is gearing up for its next significant growth phase.

During the conference, professionals, industry veterans, and investors in the Web3 domain congregated to share perspectives on the ongoing evolution of blockchain technology, the expanding decentralized economy, investment opportunities in cryptocurrencies, and the transformative impact of Web 3.0 on our future.

James Toh, the Global Head of Business Development at Coinstore, inaugurated the \"Shaping the Future of Web 3.0\" Conference, highlighting how Web 3.0 holds the power to revolutionize digital interactions. He stressed Coinstore's commitment to fostering innovation and collaboration within the blockchain sphere, inviting attendees to engage with pioneering ideas and partnerships that will cultivate a more inclusive and efficient digital environment.

Next, Manfred Chew, Coinstore's associate director, showcased the cutting-edge products and services Coinstore provides, particularly spotlighting the Launchpad and Coinstore Labs. The Launchpad is designed to assist emerging projects in securing funding and increasing their visibility, offering a strong foundation for growth. Concurrently, Coinstore Labs dedicates itself to nurturing blockchain startups by providing critical resources and mentorship, ensuring their success in the ever-evolving crypto landscape. These initiatives reinforce Coinstore's position as a leader in championing the future of digital finance.

In the initial roundtable discussion, Justin Wu, a Contributor at Injective Labs, spoke about the importance of enhancing reader experience amid Web 3.0 innovations in Layer 1 projects. He pointed out that the main hurdle is simplifying complicated ideas to enable users to appreciate the value and functionality these projects offer. By emphasizing user comprehension, Injective Labs aims to differentiate itself in the crowded L1 market, ensuring that technology remains accessible and advantageous for everyone. On the subject of how Layer 1 projects can strike the right balance between security, speed, and decentralization, Daniel from Polygon and Maud Bannwart from Alephium suggested that these trade-offs should be tailored to the specific use cases of each L1 chain. Justin Wu strongly argued that decentralization is paramount, remaining the cornerstone of the entire blockchain sphere, while he acknowledged that speed might be a more negotiable aspect. This balanced viewpoint underscores the significance of aligning technological choices with the fundamental values and requirements of the crypto ecosystem.

Followed by IVC's partner, JT Law, who expressed enthusiasm for developments in decentralized identity (DID), gaming, and infrastructure sectors. He noted that decentralization is critical for these information-based decentralized applications (dApps), and IVC will continue its investment in these areas.

In the afternoon segment, Jide Fashola, Global Financial Infrastructure Lead at the Cardano Foundation, reinforced Cardano’s dedication to fostering a resilient and inclusive financial ecosystem. He showcased the platform’s distinctive proof-of-stake consensus mechanism, which boosts security and sustainability while minimizing energy needs. By focusing on scalability and interoperability, Cardano envisions a future where secure and efficient financial services are accessible to all.

During the final panel discussion, participants examined the role of non-fungible tokens (NFTs) within the Web3.0 landscape, especially regarding their influence on gaming and digital collectibles. Masha from Aethir remarked that while NFTs seem to be facing difficulties in the U.S. market, they still offer significant value in gaming through true ownership for players and enhancing their overall experience. George Chu from Foresight Ventures emphasized that NFTs function as vital gaming assets, contributing new features and characters to games, which may maintain their utility moving forward. Their insights collectively articulate NFTs’ critical function in transforming the gaming sector and digital collectibles market, painting a future rich with opportunities despite present difficulties. Concerning how Web3.0 technology is propelling GameFi growth and its influence on traditional gaming, Professor Shinya Yamamoto pointed out that, despite Japan having a robust gaming industry, the number of Web3 startups is limited. He stressed the need for effective strategies to transition Web2 gamers into the Web3 space, which could potentially redefine the gaming ecosystem, driving innovation and expanding opportunities for developers and players alike.

Finally, Charlie Hu, Co-founder of BitLayer, underscored the platform’s objective to streamline access to blockchain technology while enhancing user experiences. He spotlighted BitLayer’s innovative take on decentralized finance, concentrating on security and transparency to cultivate trust within the crypto community. Through fostering collaborations and integrating advanced solutions, BitLayer aims to facilitate widespread adoption and create a seamless interface between conventional finance and the cryptocurrency realm.

Exciting announcements and a significant milestone for Coinstore.

During the conference, Coinstore expressed its excitement in unveiling a revolutionary Telegram Bot. This cutting-edge tool is designed to redefine user engagement by offering instantaneous updates, notifications, and effortless access to essential Coinstore platform features directly within Telegram.

Leveraging Telegram’s substantial global user base, Coinstore guarantees that users remain informed and connected, no matter where they are. The Telegram Bot provides a suite of practical features, including real-time price tracking, trading alerts, and responsive customer support—all at your fingertips.

Coinstore was present to demonstrate the bot's functionalities and engage with the audience regarding the future of user-friendly tools in the crypto domain. Participants were given the exclusive chance to witness the bot's capabilities firsthand and learn how it can enhance their experience with Coinstore. 

A New Chapter Begins

At Coinstore, we aspire to be more than just a mere trading platform; we aim to create a meaningful impact in both the industry and society. We genuinely believe that blockchain technology can foster a fairer world and are committed to offering tools that enable people to harness the potential of Web3.

Our dedication to cultivating industry connections and advancing the blockchain narrative is showcased through our series of Cryptalk and CS Connect events. To date, we've conducted over 35 Cryptalk sessions, nearly 50 CS Connect meetups, and 22 Expo conferences, successfully building bridges between industry professionals and the global community, generating enthusiastic engagement and positive feedback.

The \"Shaping the Future of Web3.0\" conference signifies a pivotal achievement for Coinstore. As we strive to connect the industry with the broader world, we are thrilled to announce plans for more offline events that will bring enlightening discussions and groundbreaking insights to our audience.

Thank you for being a part of this journey. We are eager to explore the future of Web3.0 and the opportunities it holds.

About Coinstore

Founded in 2020, Coinstore is a globally recognized crypto asset trading platform with a strong focus on thriving high-growth markets. With the trust of over 8 million users across 175 countries, Coinstore Coinstore offers an extensive array of services, including options for spot and futures trading, a dedicated Launchpad, yield generation opportunities, and secure wallet solutions. The company aspires to become the main gateway for millions looking to explore crypto assets, with ambitious plans to establish itself as the leading exchange across emerging markets by the year 2025.

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