August Web3 Events Preview

Don't miss out on important summits.

By: angelilu, Foresight News

Bitcoin2024 concluded successfully in Nashville, USA, attracting global attention to the Web3 industry due to the attendance of Donald Trump. This has also increased everyone's focus on the Web3 events worth looking forward to in August.

Interestingly, in Eastern culture, "888" sounds like "prosperity" and the number 8 has always been considered auspicious. Multiple cryptocurrency summits in August are concentrated in Asia, while the Western world has temporarily entered a period of rest after the intensive events in July. Hong Kong, India, Malaysia, Taiwan, Shenzhen, and Japan will host a series of heavyweight blockchain events this month. Foresight News presents the "Event Guide" to explore this Web3 summer in Asia!

FORESIGHT 2024

• Date: August 11 to August 12, 2024
• Location: Hong Kong, China

Highlights: The most anticipated cryptocurrency event in August, "FORESIGHT 2024," will be held in Hong Kong from August 11 to 12. This summit, jointly organized by Foresight Ventures, Foresight News, and The Block, is the first to be co-hosted by the most influential Chinese and English media platforms in the blockchain field. It aims to facilitate in-depth dialogue within the global Web3 community and will be held in the international financial center of Hong Kong, embodying the core concept of "connecting the East and the West, and bridging geographical differences."

As the gateway to Web3 in Asia and a hub for blockchain exchanges between the East and the West, the strategic position of Hong Kong is self-evident. In this bullish market full of opportunities, the two-day FORESIGHT 2024 summit will delve into hot topics such as the two major ETFs introduced this year, the Hong Kong cryptocurrency market, AI and Web3, Bitcoin and L2, and ZK technology.

The summit will bring together a group of Web3 industry "big names," including Patrick Pan, Chairman and CEO of OSL, Pacman, Co-founder of Blur and Blast, Anurag Arjun, Founder of Avail, Steve Yun, Chairman of TON Foundation, Mo Shaikh, Co-founder and CEO of Aptos, Rushi Manche, Co-founder of Movement Labs, and Rok Kopp, Co-founder and Chief Growth Officer of ether.fi, who have confirmed their attendance. They will provide a platform for information exchange and thought collision for participants.

India Blockchain Tour 2024

• Date: August 2024
• Location: India

Highlights: The "India Blockchain Tour" is a series of blockchain events organized by Octaloop, a blockchain consulting and marketing company in India. This year marks the third edition of the event. The tour will be held in 6 cities in India, with a focus on the concept of "the event comes to you, not the other way around." The remaining 3 events in August include the Mumbai session on August 3, the Bangalore session on August 10, and the Chennai session on August 24. Speakers include Aishwary Gupta from Polygon Labs, Om Malviya from Tezos India, and representatives from local blockchain projects in India.

Recently, the Indian cryptocurrency exchange platform WazirX was hit by a cyber attack in July, resulting in the theft of over $230 million worth of cryptocurrency assets. Therefore, security-related topics will attract the attention of participants. In terms of policy, the Indian government also plans to release a discussion paper on cryptocurrency policy before September. The current cryptocurrency tax policies in India, which require a 1% tax deduction at the source (TDS) for cryptocurrency transactions, are highly controversial. The main demand of the Indian cryptocurrency industry is to reduce this tax from 1% to 0.01%. However, the Indian Finance Minister recently announced in the budget speech to maintain the cryptocurrency tax rules unchanged. Therefore, cryptocurrency taxation is expected to be a hot topic in Indian blockchain events.

Malaysia Blockchain Week 2024

• Date: July 31 to August 1, 2024
• Location: Kuala Lumpur, Malaysia

Highlights: The inaugural Malaysia Blockchain Week 2024 will be held from July 31 to August 1. This event, organized by Lydian Labs, focuses on education, regulatory advocacy, and showcasing innovative projects. An important topic is the support of the Malaysian government for the blockchain industry in terms of regulation, reflecting the local industry's focus on policy guidance. Speakers include Matthew Tan, CEO of Etherscan, Bobby Ong, Co-founder of CoinGecko, and Siong, Co-founder of Jupiter, providing an opportunity for international participants to understand the Malaysian scene.

Asia Blockchain Summit 2024

• Date: August 6 to August 8, 2024
• Location: Taiwan

Highlights: The Asia Blockchain Summit 2024 (ABS2024) will be held from August 6 to 8 at the Taipei Nangang Exhibition Center in Taiwan. This annual event was founded in Taipei in 2018 by Andrew Fai and Blocktempo Media Group. One of the highlights of the summit is the panel discussions on the role of governments in regulating the blockchain and cryptocurrency industry. The announced speakers for this year's event include Vitalik Buterin, the founder of Ethereum, who is the only one confirmed to attend an event in August, as well as Hester M. Peirce, Commissioner of the U.S. Securities and Exchange Commission, Steve Yun, Chairman of TON Foundation, Lily Liu from Solana Foundation, and Paul Grewal, Chief Legal Officer of Coinbase.

The recent actions taken by Taiwan in cryptocurrency regulation are noteworthy. In July 2024, the Taiwan Legislative Yuan passed amendments to the Anti-Money Laundering Act, bringing cryptocurrency exchanges (exchanges) under regulatory oversight. This indicates Taiwan's active promotion of the compliance process in the cryptocurrency industry. Against this backdrop, ABS2024 is not only a platform for technical and business exchanges but also an important window to observe and discuss cryptocurrency regulatory trends in Asia, especially in Taiwan.

Canada Crypto Week 2024

Date: August 11 to August 17, 2024

Location: Toronto, Canada

Highlights: Canada Crypto Week 2024 will be held in Toronto, Canada from August 11 to 17. This comprehensive week-long event focuses on the latest developments and applications of Web3 and Artificial Intelligence (AI) technology, including the main event Blockchain Futurist Conference, book signings, workshops, and peripheral events such as ETHToronto and ETHWomen hackathons. One of the highlights of this event is its ticketing system. All event tickets are issued through the Web3 ticketing platform BlockLive and recorded on the Ethereum Layer2 network Metis.

ETHShenzhen 2024

Date: August 16 to August 18, 2024

Location: Shenzhen, China

Highlights: ETHShenzhen 2024 Summit and Hackathon will be held in Shenzhen from August 16 to 18. This event is jointly organized by OpenBuild, Panta Rhei, and Shenzhen Chain Association. The hackathon prize pool exceeds $50,000, covering four major tracks: Innovative Dapps, Open-Source Tools/Infrastructure, xFi, and General. It is expected that more than 200 developers will participate and submit over 30 projects.

Web3 Summit

Date: August 19 to August 21, 2024

Location: Berlin, Germany

Highlights: Web3 Summit will be held in Berlin from August 19 to 21. It is a summit and hackathon event organized by the Web3 Foundation, focusing on the cutting-edge development and application of Web3 technology. The themes include blockchain language models, Web3 SDK, decentralized AI stacks, privacy scaling, and more. Speakers include Gavin Wood, founder of Polkadot, Alex Gluchowski, founder of Matter Labs, Alex Pruden, Executive Director of Aleo Foundation, Kevin Owocki, founder of Gitcoin, and others.

WebX 2024

Date: August 28 to August 29, 2024

Location: Tokyo, Japan

Highlights: WebX 2024 will be held in Tokyo from August 28 to 29, organized by CoinPost. The theme of this conference is "cross-industry," aiming to explore the application of Web3 technology in various industries. Traditional Japanese companies have begun actively entering the Web3 field, with Sony Group recently acquiring Amber Japan, officially entering the cryptocurrency trading platform sector. Additionally, the Japanese government is implementing Web3-friendly policies. The conference will be attended by Japanese Prime Minister Fumio Kishida, as well as industry guests including Richard Teng, CEO of Binance, Armani Ferrante, Co-founder of Backpack, Daniel Albert, Executive Director of Solana Foundation, and others.

Looking back at last year's WebX event, it attracted over 16,000 participants from more than 40 countries, with the highest proportion of attendees from Asian countries such as South Korea, China, and Singapore. In terms of overall market conditions, Japan ranks 18th in global cryptocurrency acceptance. Data shows that the daily active user base of Japanese users on centralized exchanges is approximately 350,000, indicating a significant scale and activity in the Japanese cryptocurrency market.

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