A total of around 100,000 people took part in the event “International Blockchain Week 2020 in the Great Bay Area”, organized by Cointelegraph China and Cointelegraph in the first week of August in Shenzhen’s Great Bay District.
The guests were split between online and offline participantsAccording to the report from Cointelegraph China. The conference focused on investment, industry, public chains, trading platforms, mining and other areas. There were 11 round table forums, 26 keynote speeches and over 100 keynote guests who shared their views on the industry. Participants received a state-of-the-art Chinese and English AI translation in real time. The report states:
“The event reached hundreds of thousands of people on five continents.”
Attendees included more than 2,000 developers, industry leaders, experts, academics and institutional leaders from around the world. These included Draper Dragon Fund, Huobi, OKex, Bybit, NEO and more.
The live broadcast via YouTube included presentations by Joseph Lubin, Co-founder of Ethereum; CZ, the CEO of Binance; Justin sun, Founder of Tron and Mike Novogratz, CEO of Galaxy Digital. They all shared their thoughts on the latest developments in the crypto space.
Translation: Buy Bitcoin
Michael Novogratz told attendees that he believed Bitcoin would be widely adopted in the near future. In an example of the AI Chinese translation mentioned above, translated back into English, Novogratz said something like:
“I am very optimistic about the special currency. The US stimulus measures are causing the currency to grow at an unprecedented rate, which also makes the future more uncertain. So why is Bitcoin rising? That’s because it is us.” higher inflation than we thought. “
Well, you have the idea. Joseph Lubin noted that blockchain technology and business model are still in the early exploration stages., but that interest in DeFi space seemed to trigger a new rally in token prices:
“The next bull market seems to have begun with the rapid appreciation of many tokens in the ecosystem […] The entire DeFi revolution is unfolding and growing at an incredible rate. “
CZ predicted that the trading volume of the decentralized exchange could exceed that of the centralized exchanges in the future -Although it would take a while as the users’ experience was much better at the last moment.