Recently, Token 2049, the largest Web3 industry conference in Asia, kicked off in Singapore. More than 10,000 industry participants from over 3,500 companies worldwide gathered at Marina Bay Sands to discuss and share various agendas and important trends, including decentralized finance, regulatory frameworks, artificial intelligence, blockchain scalability and interoperability, and blockchain technology. The event gained unprecedented popularity.

On September 12th, supported by Odaily, the peripheral event "The Global Web3 ers Gathering atop Singapore" organized by pioneering Web3 investment and research institution Bing Ventures and Followin took the lead, attracting the attendance of nearly 1,000 industry participants. The social dinner and conference event held at Ce La Vi restaurant and rooftop bar on the 57th floor of the Marina Bay Sands, a landmark building in Singapore, became the "opening masterpiece" of the Token 2049 Week, highly praised by Web3 participants!

This event not only featured luxury sponsors including OKX, Unisat, BingX, AWS, NYM, Figment Capital, Jasmy, C 2 Ventures, and DeFactor, but also invited industry-leading investment institutions, project parties, infrastructure providers, and media representatives from Figment Capital, Outlier Ventures, Nansen.ai, Lido Finance, NYM, Global Coin Research, Napster, Bitcoin.com, Metaverse Post, and more to bring exciting viewpoints and discussions to the participants.

Cryptocurrency Market Undercurrents, Web3 Entrepreneurs in Urgent Need of New Empowerment

2023 is a new beginning for the cryptocurrency and Web3 fields, with existing projects making a recovery and new narratives and innovations emerging one after another. However, in the market aspect, the bear market has not yet begun, and prices remain compressed within a narrow range.

How is the trend of cryptocurrency? How do institutional investors view the current market environment? What are the worthwhile tracks and themes to layout in the market? As a project party, how can you stand out in the ever-changing competitive situation and the shifting market hotspots?

In addition to the keynote speeches, the participating guests had forward-looking and inspiring exchanges of views on the above-mentioned questions around the two themes of "Navigating the Evolving Crypto Market" and "Information Aggregation and Community Building in the Web3 Era."

The guests generally believe that the current market environment is a strategic layout period that is important for both the capital side and the project side. By closely following industry development, being close to the user community, and making use of empowering technologies, project parties will be able to accurately find niche markets, grasp innovative trends, and solidify their foundations, thus embarking on a long-term and healthy development path. Behind the project party, the support of venture capital, accelerators, incubators, and media, etc. for the industry should not be ignored. In particular, capital has increasingly become an important force in bringing multidimensional empowerment to entrepreneurs.

Bing Ventures and Followin, as the organizers, are one of these forces. For example, as a research-driven and narrative-driven venture capital firm, Bing Ventures has invested in more than 50 portfolio projects in many tracks, including Infra, DeFi, On-Chain Gaming, etc., and further expands its coverage of innovative areas and projects in the industry through investments in Figment Capital and other Fund of Fund (FOF) businesses. Bing Ventures is a global venture capital firm headquartered in Singapore and Hong Kong. Through research on cutting-edge technologies and data analysis, and with its team members and extensive industry connections distributed globally, including in Asia, the United States, and Europe, Bing Ventures is committed to providing comprehensive support for the global development of Web3 innovative projects and entrepreneurs, including offline activities that promote beneficial industry information exchange and entrepreneur networking similar to this event.

Under the beautiful night sky of Ce LA Vi, the participants, at the pinnacle of Singapore, met new friends who share the same ideals in the Web3 field amidst neon lights and merrymaking. They also exchanged and discussed the gains and inspirations brought by the conference agenda.

This event has come to a successful conclusion, but it is just the beginning for more conversations, collaborations, and exchanges.