A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.
, however, might give even a bull-market crypto chief financial officer pause.
In side events attended by CoinDesk, salespeople pitched their tools and analytics software to each other. Just don’t ask anyone to actually pay for these products. CoinDesk spoke to locals outside of crypto circles to gauge awareness of the sector. Two taxi drivers had heard, but had not invested, in bitcoin; a few young hotel staff knew about Terra’s doomed LUNA tokens; while an elderly gentleman in a lift called the sector “baby money” with a wide smirk.Crypto personalities took the KBW stage to project their versions of where the industry is at and where it is going.
Tron’s Justin Sun entered the arena with two models, two bodyguards and two cameramen, commanding nearly everyone’s attention – while making non-crypto hotel guests scratch their heads – in a slow walk to the stage.Sun claimed the South Korean Tron community was growing, referring to on-chain metrics, and said local developers were focused on building games for the cheap and speedy Tron network.
Namada Protocol founder Awa Yin announced a privacy mainnet that would let existing DeFi applications plug themselves into the new network easily to offer private transactions for their users.
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