If you’re part of Web3, odds are you’ve spent much of this year traveling abroad. It’s likely you just got back from a conference if you’re re

Is the Crypto Conference Circuit Good for Crypto?

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2024-11-24 02:00:03

If you’re part of Web3, odds are you’ve spent much of this year traveling abroad. It’s likely you just got back from a conference if you’re reading this. Maybe you’re at one while reading this now. Regardless of where you’re based, you’ve likely hopped from one international conference to another. Over the years, these events have stretched across the United States, South America, Europe, Asia, and might soon make it all the way to Antarctica with the pace of how it’s going now. Around each major gathering, hundreds — soon thousands — of side-events pop up (the recent Devcon in Bangkok featured more than 700).

It’s the reality of working in this space: relentless travel and endless panels. But let’s be honest: it’s time to reconsider the conference circuit.

This isn’t to say all conferences are useless — some, like Consensus, ETHDenver and others, are valuable. But, spending an entire year bouncing from one event to the next is hardly a recipe for adoption. If it were, we’d have more to show for it than empty crowd shots and panelists answering their moderator’s questions to vacant seats. Some photos which got more attention than entire side events. While it makes sense for a decentralized industry with no central hub to meet up in person, it’s become a running joke: even people based in the same city often have to meet at a conference halfway across the world. It’s neither efficient nor sustainable.

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