October 5, 2022

Crypto Fest 2022 is about to be the biggest gathering of crypto-minded specialists, amateurs, and fanatics in Africa, to discover the know-how’s affect on Internet 3.0 and rising alternatives for buyers.

Battle in Europe and skyrocketing rates of interest within the US have put cryptocurrencies within the midst of one of many worst market crashes within the know-how’s historical past.

Bitcoin and Ethereum dropped greater than 70 % for the reason that peak of final yr’s bull run, whereas a number of high-profile crypto firms shut their doorways as the scale of the trade fell under US$1 trillion – a big lower from just some months prior when the trade was price greater than triple that.

Whereas market volatility may deter some buyers, these with an urge for food for high-risk, high-reward innovation can see the chance on the horizon – and nowhere else is that this higher than in Africa, the place crypto transactions have elevated by greater than 2,500 % over the previous yr, whereas funding for African crypto startups elevated eleven-fold over this identical interval.

Evidently, crypto is now not a distant idea for African buyers to indefinitely ignore.

Which begs the query: for the way lengthy will sceptics and technophobes proceed to maintain their heads down?

To assist seasoned buyers, novel bag-holders, and no-coiners alike harness the alternatives in African crypto, Bitcoin Occasions is worked up to announce the return of Crypto Fest 2022, the biggest gathering of crypto trade leaders, entrepreneurs, and specialists on the continent, happening each just about and in-person on the Grand Africa Café & Seashore on September 30, 2022.

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Now in its fourth yr, this yr’s occasion might be a one-of-a-kind expertise for crypto crusaders and deniers alike. Underneath the theme of ‘Don’t Look Up’, an array of entrepreneurs,

merchants, buyers, builders, and fanatics will have interaction in hard-hitting conversations, sparking vital debates in regards to the alternatives that crypto, Non-Fungible Tokens (NFTs), Decentralised Finance, Internet 3.0, and the Metaverse have on the worlds of finance, funding, artwork, music, sport, gaming, leisure, advertising, governance, and extra.

Says Sonya Kuhnel, Co-founder & Director of Bitcoin Occasions and organizer of this yr’s pageant: “Change is inevitable, and the world is – slowly however absolutely – realizing the affect that crypto and crypto-related applied sciences are having on the way forward for the trade. Sure, the world of crypto has had its justifiable share of ups and downs, however the proof of idea is there; it’s solely a matter of time earlier than the sector bounces again. Now’s the time to search for and discover the place alternatives lie. Now’s the time to study as we put together to leap into a brand new period.”

With this in thoughts, attendees can stay up for a jam-packed day of keynotes, displays, competitions, product exhibitions, and performances from greater than 30 world innovators and thought leaders within the cryptocurrency, NFT, DeFi, Internet 3.0, and Metaverse house.

Amongst others, this features a keynote handle by Michael Jordan, South African Enterprise Improvement Lead at Polygon; an exploration into crypto innovation and regulation by Wiehann Olivier, Companion and Digital Property Lead for Mazars; routes in direction of mass crypto training and adoption throughout Africa with Nolu Mashologu, Enterprise Improvement at FTX Africa; a panel dialogue hosted by Bakari’s Daniel Kimber, who will lead a dialog outlining how you can finest handle threat along with your DeFi investments; and a dialogue offered by Kyle Brown (rugby) and Sean Roberts (soccer) defining Crypto and the function it’s going to play in South African sport.

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For the primary time ever, Crypto Fest 2022 can even function an NFT Gallery and a Metaverse gaming zone, that includes NFTs from numerous native artists. The NFT Gallery might be showcased by Libex, a South African-owned NFT Market.

The NFT gallery will host “Lightning Talks” the place attendees can work together, community, and win prizes within the NFT Gallery and expertise the world of digital actuality on the Metaverse gaming zone.

Famend South African musician and effective artist, Arno Carstens might be internet hosting a 15 minute

“Lightning Discuss”, discussing his newest assortment of minted artworks.

“I’m excited to be a part of one thing that’s nonetheless growing and have the ability to join with people who find themselves as excited as I’m. The human thoughts is drawn to the chances of what could be, and it’s the potential of this that I’m enthusiastic about.

NFTs and the Metaverse are know-how of their infancy. Crypto Fest 2022 is a spot the place builders, artists, and collectors can come collectively on this voyage of discovery.  The concept of being self-sovereign is such a light-weight on the finish of the tunnel for lots of people,” says Carstens.

Commenting on this yr’s program, Michael Jordan, at Polygon, says: “The world of cryptocurrencies is usually a complicated one to navigate – extra so for these with restricted publicity to the ecosystem and understanding of the know-how’s affect potential.”

“For that reason, we’re excited to be partnering with Crypto Fest 2022, to offer a platform for extra folks to study, discover and perceive how they’ll get entangled with one of the vital disruptive developments in finance and trade for the reason that abandonment of the gold customary fifty years in the past.”

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