Dr. Wotan
On May 15 and 16, 2024, the highly anticipated CONF3RENCE & BLOCKCHANCE took place at Signal Iduna Park in Dortmund. It was a meeting point for blockchain enthusiasts and experts, characterized by innovation and exchange. The renowned event attracted numerous visitors who were inspired by exciting lectures and interactive experiences over two days. Among the participants was the team from bitblockart, represented by Sandman, Roxy, and Ghosty.
The event offered an impressive array of sensory impressions and opportunities to glimpse the future. Particularly fascinating was the presentation of Metaverse technologies, where visitors could immerse themselves in virtual worlds using VR glasses. This technology promises to radically change our way of interaction and perception, offering an exciting preview of what lies ahead in the coming years.
In addition to the Metaverse, the topic of Web 3 was also a major attraction. The next evolutionary stage of the internet promises a decentralized structure that offers more control and privacy for users. Various Web 3 companies presented their innovative solutions and provided insights into how they intend to shape the future of the internet. The growing importance and increasing interest in these technologies were palpable at the CONF3RENCE & BLOCKCHANCE.
A central discussion topic of the conference was the MiCA (Markets in Crypto-Assets) regulation, which is currently on everyone's lips. But what is MiCA about and what impact does it have on the crypto market?
MiCA is a regulatory framework by the European Union aimed at creating a unified legal framework for crypto assets. The regulation affects all companies working with cryptocurrencies, from crypto exchanges and wallet providers to issuers of crypto assets. The goal is to make the market more transparent and secure, better protect investors, and simultaneously promote innovation.
The introduction of MiCA will significantly impact the crypto market. On one hand, it offers a clear legal framework that strengthens trust in the market and attracts new investors. On the other hand, it presents new challenges for companies as they must adapt to the new regulations. The discussions at the conference showed that opinions are divided. While some see the regulation as a necessary step to legitimize and stabilize the market, others fear it could hamper the industry's innovative power.
MiCA is set to come into effect in early 2025. Companies will then have a transition period to adapt to the new regulations.
The CONF3RENCE & BLOCKCHANCE at Signal Iduna Park was a great success, offering participants valuable insights into the future of blockchain technology and the crypto market. The presence of bitblockart and the discussions around MiCA regulation underscored the importance of such events for the exchange and further development of the industry. With a variety of interactive experiences and exciting discussions, this was an event that will surely be remembered by attendees for a long time.
