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

Istanbul Blockchain Week opened its doors connected Nov. 14 to bring the crypto and blockchain ecosystem unneurotic successful İstanbul, Turkey. Cointelegraph attended the lawsuit with a Cointelegraph Turkey booth and an İstanbul-based exertion to acquisition the interaction of the FTX collapse firsthand — the effect was unexpected.

As an planetary hub lodging much than 15 cardinal people, İstanbul was shaken by a bombing onslaught successful Taksim, the metropolis center, connected Nov. 13 evening. Yet, the pursuing day, Istanbul Blockchain Week (IBW) opened its doors to much than 2,000 planetary attendees and implicit 100 speakers aft consulting with section information authorities.

On apical of a year-long carnivore marketplace and the FTX collapse, IBW 2022 attendees besides had to woody with the affectional accent of what occurred past night. Both events were ever-present topics connected the main signifier and successful the lawsuit hall.

— Cointelegraph (@Cointelegraph) November 14, 2022

Erhan Korhaliller, the organizer of the lawsuit and the laminitis of EAK Digital, mentioned some topics during his opening speech. Excluding the radical who hardly managed to onshore successful İstanbul hours earlier their signifier time, the bulk of speakers started by giving condolences to the victims of the violent attack.

However, Istanbul Blockchain Week 2022 managed to find a equilibrium to support a respectful code to the worries of İstanbulites portion maintaining the amusement facet of the show. Nothing stood retired arsenic excessively flashy, but the ambiance was ever vibrant and colorful. The adjacent 4 days saw cardinal names from the crypto manufacture taking the signifier 1 aft different successful beforehand of a afloat focused and attentive audience.

Cointelegraph Turkey had a splash astatine IBW 2022 acknowledgment to a large booth overseen by the Kriptomeda team.

IBW 2022 utilized the lawsuit country of the Hilton Bomonti edifice alternatively cleverly to supply interruption zones during crowded networking activities. Guests were presented with coffee, beverage and h2o to refreshen during heated conversations.

The main stage, which was excessively large for a 2,000-person event, was divided into 3 parts: Illuminated lone with the airy of kiosks that contiguous cool-looking nonfungible tokens (NFTs), the NFT Gallery was neighboring the stage. The different broadside of the assemblage was reserved for IstanHack, wherever the developers from neighboring countries competed to physique a Web3 project.

Taking a stroll done the NFT gallery... pic.twitter.com/kCrrP4DP41

— Cointelegraph (@Cointelegraph) November 14, 2022

The lawsuit docket near nary country of the expanded cryptoverse unchecked: Market makers, exchanges, decentralized concern (DeFi) providers, blockchain gaming and metaverse large guns filled the lawsuit country and the main signifier to supply a broad representation of what’s going connected successful the crypto world.

Related: Turkey’s fiscal authorization investigates FTX’s collapse

One happening that stood retired during the full amusement was the positivity and the “keep building” philosophy. It wouldn’t instrumentality a writer to recognize that the ecosystem genuinely believes successful the bear marketplace building.

During the event, Cointelegraph saw ambitious projects with young and talented teams joining the contention close aft the biggest illness successful crypto history, planetary exchanges utilizing the section facet of the lawsuit to denote their enlargement into the Turkish market, and manufacture veterans sharing contented and strategy to endure the negativity of the mainstream media.

— Erhan (@ErhanKahraman) November 14, 2022

The Cointelegraph crushed squad changeable respective video interviews with speakers astatine the Cointelegraph Turkey booth, astir of which were published connected CT Turkey’s YouTube channel. Between a sheet moderation and tons of booth-surfing, Cointelegraph exertion Erhan Kahraman besides managed to beryllium down with renowned cryptographer and Elixxir CEO David Chaum arsenic good arsenic blockchain information adept HashEx’s CEO Dmitry Mishunin. Both interviews volition beryllium published successful Cointelegraph.

The archetypal announcement of IBW 2022 dates backmost to aboriginal 2022, truthful it’s harmless to presume that its details and docket needed to beryllium marginally updated owed to the caller meltdown. However, the main connection was unmistakable: Crypto is present to stay, and the crypto gyration is bigger than FTX.