**Coinfest Asia** is an event focused on the adoption, innovation, and emerging markets within the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and [Web3](https://iq.wiki/wiki/web3) sectors in Asia. The event is hosted by Coinvestasi, Indonesia’s leading crypto media outlet, which is part of the Indonesia Crypto Network. Held in Bali, Indonesia, Coinfest Asia aims to provide a unique experience distinct from traditional conferences. It offers a casual setting that facilitates engagement and networking among participants. [\[1\]](#cite-id-oy9n8p8c5qb)  
  
# Overview  
  
Coinfest Asia is an immersive festival focused on Web3 in Asia. Coinfest Asia 2023 brings together Web2 and Web3 industries to explore insights and foster connections. [\[1\]](#cite-id-oy9n8p8c5qb)  
  
The event takes place in Indonesia, offering a unique setting for engagement and networking. Participants have the opportunity to attend panel discussions, workshops, and interactive sessions led by industry experts. The festival aims to create an environment where attendees can exchange ideas, learn about the latest developments in the field, and form valuable partnerships. [\[1\]](#cite-id-oy9n8p8c5qb)  
  
Coinfest Asia is organized by Coinvestasi, Indonesia's leading crypto media outlet, part of the Indonesia Crypto Network. [\[1\]](#cite-id-oy9n8p8c5qb)  
  
## 2024 Edition  
  
Coinfest Asia, the largest Web3 festival in Asia, will take place in Nuanu City, Bali, on August 22-23, 2024. The third edition of this festival aims to foster Web3 adoption in Asia, under the theme "Where Innovation Meets Adoption." [\[1\]](#cite-id-oy9n8p8c5qb)  
  
According to Felita Setiawan, Director of Indonesia Crypto Network, the parent company of Coinfest Asia, "Where Innovation Meets Adoption" signifies that Coinfest Asia will serve as a hub for both industry and retail, facilitating broader Web3 adoption. The event offers opportunities for the industry to expand its ecosystem in the increasingly crypto-friendly Asian region and for retail investors to discover quality Web3 projects.  
  
Coinfest Asia is anticipated to draw over 6,000 participants globally, featuring more than 150 prominent figures in the Web3 ecosystem.  
  
Among the notable speakers at Coinfest Asia 2024 are Mo [Shaikh](https://iq.wiki/wiki/mo-shaikh) (Co-founder and CEO of [Aptos](https://iq.wiki/wiki/aptos)), Wei Zhou (CEO of Coins.ph), Oleg Fomenko (Co-founder of Sweat Economy), and [Justin Sun](https://iq.wiki/wiki/justin-sun) (Founder of [Tron](https://iq.wiki/wiki/tron)).  
  
Other industry leaders participating in the event include Amanda Cassatt (Founder and CEO of Serotonin), Alexander Svanevik (CEO of [Nansen](https://iq.wiki/wiki/nansen)), Yat Siu (Founder and Executive Chairman of Animoca Brands), Kenny Li (Founder of [Manta Network](https://iq.wiki/wiki/manta-network)), Raks Sondhi (Chief Operating Officer at Upbit Singapore), and Saad Ahmed (Head of Asia Pacific at Gemini).  
  
These speakers will discuss a range of topics, including [Real World Assets (RWA)](https://iq.wiki/wiki/real-world-assets-rwas), Decentralized Physical Infrastructure Networks (DePIN), Artificial Intelligence (AI), Machine Learning (ML), and more.  
  
# Past Editions  
  
## 2023 Edition  
  
Coinfest Asia 2023, Asia’s grandest festival celebrating [blockchain](https://iq.wiki/wiki/blockchain), Web3, and digital assets, took place in Bali, Indonesia, from August 24th to August 25th. Some of the sponsors included Fireblocks, [Ripple](https://iq.wiki/wiki/ripple-labs), Pintu, Google Cloud, [Algorand](https://iq.wiki/wiki/algorand), Coinstore, [Circle](https://iq.wiki/wiki/circle), Chainanalysis, Indodax, among others. [\[4\]](#cite-id-l2ozkh5mvan)  
  
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This edition focused on the regulation of cryptocurrency and the integration of blockchain into the real economy. A key theme was merging Web2 and Web3 to attract mass users by simplifying user experiences, such as through custodial wallets and social media authentication. The event also addressed the benefits and risks of crypto-assets, regulatory issues, and institutional implementation strategies, with an emphasis on creating user-friendly “super-[Dapps](https://iq.wiki/wiki/decentralized-application)” for instant cryptocurrency exchange into national currencies, particularly stablecoins tied to the Indonesian rupiah. [\[5\]](#cite-id-relkjktxclr)  
  
Speakers included representatives from various cryptocurrency ecosystems. [BASE](https://iq.wiki/wiki/base), discussed with [Coinbase](https://iq.wiki/wiki/coinbase) officials, aims to simplify crypto processes and engage traditional financial companies to attract a billion new users. Yat Siu from Animoca Brands highlighted NFTs, the [Metaverse](https://iq.wiki/wiki/metaverse), and Web3 development, emphasizing the importance of decentralization and project narratives. He showcased Mocaverse, where NFT holders participate in asset management decisions, illustrating how play-to-earn (P2E) gamifies education and financial literacy to attract users. [\[5\]](#cite-id-relkjktxclr)  
  
## 2022 Edition  
  
Coinfest Asia 2022 was held in Bali, Indonesia. The conference attracted over 2000 attendees from 52 countries. Attendees ranged from industry leaders to newcomers interested in blockchain technology. This edition featured over 80 speakers from renowned companies. These experts shared insights on topics like blockchain technology advancements, regulatory developments, and the future of digital currencies. The speaker lineup included executives from leading cryptocurrency exchanges, blockchain startups, financial institutions, and regulatory bodies. [\[3\]](#cite-id-yfknk2nlbk)  
  
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More than 300 companies participated, showcasing their latest products, services, and technological innovations. The exhibition area was a hub of activity as attendees explored new solutions and discussed potential collaborations. The event emphasized networking and collaboration, providing numerous opportunities for attendees to connect with industry peers, potential investors, and business partners. [\[3\]](#cite-id-yfknk2nlbk)

Coinfest Asia 2023, Asia’s grandest festival celebrating blockchain, Web3, and digital assets, took place in Bali, Indonesia, from August 24th to August 25th

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Coinfest Asia is an annual festival in Bali, hosted by Coinvestasi, focusing on cryptocurrency and Web3 sectors' adoption, innovation, and development in Asia.

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