Key Takeaways from TOKEN2049, Singapore

Source: CryptoSmartlife Research Team
2 minutes Read
TOKEN2049 organizes the most significant annual digital asset conference in Asia (Singapore) and Europe (London), where founders and executives of the leading crypto and blockchain companies shared their views on the market. They highlight global developments while taking a unique and widening perspective on the ecosystem and its vast opportunities. Token 2049 brings together the crypto industry and unites entrepreneurs, investors, developers, and industry enthusiasts for investing in cryptocurrency.

This year it was held on the 28th and 29th of September at Marina Bay Sands and drew the most influential figures, projects, and companies, spawning dozens of meetups, workshops, and networking opportunities all around the two-day main event. It attracted 7000+ participants, including hundreds of leaders and founders from across the global Web3 ecosystem.

Key Takeaways:

  • The Big institutions or the Retail investors are taking a positive stance toward Web3 and Crypto, indicating that this industry is on the rise.
  • Analysts believe that a number of innovations are to be seen in the Web3 World and Metaverse Crypto that are pushing the industry to proliferate.
  • Amongst the various events, the critical metric discussed was Crypto Bearish behavior. The analysts believe that the upcoming months could have a game-changing impact on crypto prices. 
  • The key conclusion was that it’s the right time to build more crypto products and be ready for the next bull run.

The 2-day event witnessed many esteemed speakers talking about NFTs, The future of Crypto, Scaling Defi towards mass adoption, AI, Blockchain, Metaverse, Thematic Investing and a lot more. The event featured in-depth explorations of the token economy and how digital currencies work on a global scale. Aimed at nurturing crypto mass adoption through shared information and insights from the players,  the premier crypto and digital assets event welcomed over a thousand attendees on its first day.

Dan Morehead highlighted that while Bitcoin (BTC) and Ether (ETH) dominated investors’ cryptocurrency portfolios over the past decade, he argued that new projects and use cases could promise even greater returns on investment: “We’re almost at the point where half of the entire market are things that aren’t the two main blockchains. And I’m still wildly bullish on Bitcoin and Ethereum, but I just think these projects are going to perform even better and should be in someone’s portfolio.”
DeFi, Web3, NFTs, and metaverse projects hold the most promise, according to Morehead.

At CryptoSmartlife, we had been fortunate enough to attend this two-day event and exchange ideas with the best crypto exchanges across the globe. We believe that crypto investing and blockchain thrive well in a collaborative environment, hence there couldn’t be a better opportunity than Token2049. Our innovative platform has received accolades from key players for innovation across AI, & Data science in investing. Features such as Risk appetite-based crypto basket investing, Auto rebalancing based on market conditions, and quant-based investing strategies caught the attention & interest of investors.  We strive and promise to be true to our vision of staying ahead in the cutting-edge tech of AI in blockchain & Investing.

Token2049 always aims to bring together some of the leading voices in crypto. Attendees had the opportunity to learn from the most influential and established leaders, visionaries, and technology heads in the industry, all of whom have played pivotal roles in shaping the modern blockchain ecosystem. The event was concluded underlying the belief that the current cryptocurrency market cycle is different from previous years given strong fundamentals, pointing to some 200 million people that use blockchain-based platforms and cryptocurrencies, which could increase to one billion in the next three years.

Note: *We are not your financial or investment or legal advisors. Any information available on our Platform is for general use only and it is not our intention that you should rely on the same to purchase crypto-assets. The baskets listed on our Platform are suggestive, and you should invest in crypto-assets only after conducting independent research and considering your individual circumstances.

Trading in Digital Tokens entails certain risks. This risk disclosure statement cannot and does not disclose all risks and other aspects involved in holding, trading, or engaging in Digital Tokens. Digital Asset values can fluctuate substantially and unexpectedly with little or no warning, which may result in a substantial loss of investment.

Any content on this site should not be relied upon as advice or construed as providing recommendations of any kind. Past results are no indication of future performance. In no event should the content of this correspondence be construed as an express or implied promise or guarantee.  As suggested by RBI in India, investor discretion is advised.