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Turkey as the Rising Star in Web3 Adoption

Turkey as the Rising Star in Web3 Adoption
İstanbul Blockchain Week returns on August 13-14 at the Hilton Istanbul Bomonti Hotel & Conference Center

ISTANBUL - - Istanbul Blockchain Week returns on August 13-14 at the Hilton Istanbul Bomonti Hotel & Conference Center, building on last year's success and promising to be the largest web3 event ever held in Turkey, promising more speakers, activations, and web3 education in the Eurasian crypto hub.

According to Binance Research, cryptocurrency is rapidly establishing itself as a key alternative to traditional finance in Turkey, with 40% of the population already investing in it. Looking ahead, 64% believe crypto prices will climb in the next year, and an even more optimistic 73% think more people will start investing in crypto over the next five years, signaling a strong trend toward wider adoption.

Hosted by global web3 PR & marketing agency, EAK Digital, Istanbul Blockchain Week will highlight the city's strategic position between major financial centers, Dubai and London, uniting international and local experts who are shaping the web3 revolution.

IBW 2024 will host a diverse group ranging from blockchain enthusiasts and professionals to influencers and thought leaders, showcasing Istanbul as an ever-evolving hub for technological passion, financial inclusivity, and visionary approaches.

Earlier this month, Istanbul Blockchain Week announced a strategic media partnership with Fortune Magazine Türkiye by Group Medya, marking a significant milestone in the event’s mission to make web3 technologies more accessible to the broader public.

The collaboration will produce industry-relevant articles, event coverage, moderated panels on corporate web3 integration, and special side events from leading projects including TON, Arkham, Mocaverse, Blum & many more. This partnership enhances the accessibility and visibility of blockchain and web3 innovations, underscores the event’s credibility, and aims to drive further global engagement in blockchain technology.

Turkey distinguishes itself with a dynamic tech ecosystem, a strategic location that bridges Europe and Asia, and a young, tech-savvy population eager for digital innovation. The country's expanding gaming community, early adoption of cryptocurrencies, and proactive engagement with new technologies underscore its readiness for web3's widespread adoption.

"This year, we will be taking Istanbul Blockchain Week to new heights," remarked Erhan Korhaliller, CEO at EAK Digital and founder of Istanbul Blockchain Week. "The global web3 spotlight will be on Istanbul and we promise to make this event one to remember ."

What to Expect from Istanbul Blockchain Week 2024?

IBW 2024 is an ideal platform for nurturing meaningful partnerships and growth within the blockchain landscape, given its unique mix of visibility, strategic networking, and engagement opportunities. The event is committed to bridging the gap between new crypto adopters and seasoned enthusiasts, ensuring every interaction and engagement leads to real development and success.

IstanBlock

InstanBlock is the flagship event of IBW 2024, hosting unique fireside chats, keynote speeches, debates, and panel discussions exploring the hottest topics in web3, including AI, RWA, Depin, DeFi, regulation, AI, gaming, and venture capital.

IstanBlock also features multiple zones, such as the VC Village, Startup Pavilion, and Creator Zone, to create an immersive web3 experience:

● The VC Village & Start-up Pavilion is designed to be a vibrant marketplace for top web3 start-ups and venture capitalists. With VC tables and project booths, it aims to promote interactions between innovators and investors, encouraging deals and collaborations that will drive the web3 ecosystem forward. This zone is a must-visit for those looking to catch the next wave of web3 innovation.
 

● The Creator Zone is designed to spotlight the brightest web3 influencers and KOLs, illuminating the most innovative and exclusive projects. It also presents a unique opportunity for a broader audience to meet those individuals who work tirelessly to share the latest innovations in the industry.

IstanHack

IstanHack, a cornerstone of Istanbul Blockchain Week, is set to be an electrifying showcase of talent and innovation, drawing developers from around the globe. The hackathon not only offers participants a platform to engage in intense competition and develop groundbreaking blockchain solutions, but also facilitates deep collaboration that pushes the technological envelope.

W3E Gaming

W3E Gaming returns to IBW 2024 with its flagship event, W3Expo, the largest web3 gaming expo in the region, putting web3 games directly into the hands of gamers. With its robust casual gaming market, vibrant esports scene, and status as a top 5 web3 adopter, Turkey provides the perfect backdrop. Prepare for an arena where walk-up-and-play games, mobiles, and PCs converge with the adrenaline-pumping world of live web3 esports.

“We're absolutely thrilled to be back at Istanbul Blockchain Week with W3E Gaming. It's the perfect storm of opportunity, where Turkey's explosive gaming scene meets its pioneering web3 community," exclaimed Damian Bartlett, W3E Team Lead. "This country is a powerhouse of digital innovation, and we can't wait to show the world what happens when gaming and blockchain collide in such a dynamic environment."

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