The number of coronavirus cases worldwide is rapidly getting close to 400,000, with many industries and businesses affected around the world. The crypto market has been no exception. Bitcoin’s (BTC) price initially reacted with a 50% drop; blockchain companies began to suggest that their employees working remotely; and crypto conferences have been either canceled or postponed.
While some conferences report poor attendance and mass dropouts from panelists, others have found success in a virtual format. Crypto conference organizers and speakers shared with Cointelegraph the latest insights on what is happening right now within the blockchain events industry.How did it all begin?
It all started back in February when organizers of major crypto conferences moved to cancel events in Asia in an attempt to combat the spread of the coronavirus. Among them were Hong Kong Blockchain Week 2020, Japan’s TEAMZ Blockchain Summit and Token2049 that were rescheduled for September and October.
Two other major events — the Binance Blockchain Week Vietnam and TRON’s native summit — were canceled with new dates yet to be announced. Both organizers have already offered the participants a full refund or free VIP tickets.
Until recently, participants of canceled events in Asia could attend crypto conferences in neighboring countries — now it’s almost impossible. Erhan Korhaliller, the organizer of Istanbul Blockchain Week, for instance, delayed the conference last week, although he previously proposed attending it as an alternative to canceled Asian conferences, citing low coronavirus infection numbers in Turkey.
Many participants supported the organizer’s decision. Among them is Emre Tekisalp, the director of business development of O(1) Labs, the team behind Coda Protocol, who was invited to speak at the Istanbul Blockchain Week. He told Cointelegraph:“Most conferences have wisely placed the safety and health of participants above their own...