Cryptocurrency Market 2022: Crypto Invests in Experiential Events

Insights | | 4 min read
image of audience sitting and watching a stage for the blockchain fest 2022 event for cryptocurrency market 2022

The newly emerged Cryptocurrency Market has seen tremendous growth in recent years and has pivoted towards the most significant industries influencing the global economy. As a result, the rise in demand among financial institutions, banks, and unlimited opportunities in developing areas, offers a profitable opportunity for the global expansion of the crypto market. To fully tap into the potential, reach the next phase in crypto’s evolution, and gain stability through acceptance. Several major market participants like tech developers, consumers, investors, and experiential marketers will continue to innovate and play a significant role.

As the Crypto market integrates further into our international and domestic economy, contributors will inevitably usher the world into the next phase of financial tech with the help of blockchain technology. Cryptocurrencies hold the potential to allow people access to a global payment system— in which participation is limited only by access to technology rather than by specific requirements such as having a bank account or a credit history. According to Global Newswire, the Cryptocurrency Market was estimated to be worth roughly USD 1,542.9 Million in 2021 and is expected to reach USD 2,302.5 Million by 2028, based on primary research.

Although the crypto market is experiencing some temporary decline, crypto industry experts continue to fully back the market due to their ambitious vision of the future for this technology. Today, the market shows signs of improvement. It has fueled the cryptocurrency event and conference frenzy in efforts to expand the latest information and trends that crypto professionals have to offer. FGPG takes a deep dive into the crypto market and how their latest conferences revolutionize the crypto spectrum by providing educational support and guiding everyone by showing the world how to navigate the crypto market.

 

Cryptocurrency Gone Mainstream

The widely seen headlines and spontaneous buzz from crypto enthusiasts derives from the unexpected success that the average layman has experienced, having capitalized on the investment of several early coins. The proven success has pushed the tech from an uncertain new advancement to a mainstream form of finance and investment. Crypto’s adoption has become so influential that governments have begun regulating the industry and have now begun their participation in the market. In March, President Biden issued an executive order that set policies for digital asset development and required agencies to report back with policy recommendations. 

Today, only a handful of coins dominate the market. Bitcoin is easily the most valuable and most widely invested coin in the market, as Bitcoin accounts for 41% of the entire market value. However, various other alternative coins or alt-coins have seen some shine and continue to rise in popularity. So then it begs the question, has crypto finally gone mainstream? The crypto market has increased from about $19 billion in January 2017 to $2.2 trillion in January 2022. Cryptocurrency recently created billionaires almost overnight, as luck or premature bets. The crypto market has spilled into the average worker who hopes to make it big in the trading sector. According to a recent poll, one in five American adults has made an investment, traded, or used a cryptocurrency. Ultimately, as the cryptocurrency market consists of conferences, events, seminars, and informational gatherings, consumers will become more aware of the benefits of crypto.

 

Latest Crypto Experiential Event

The world’s largest Bitcoin Conference finally returned live this year to Miami. The crypto conference reminded industry experts that despite pandemic protocols, just how influential the cryptocurrency will be in the future as it shows growth within the experiential event industry. 2022 is the second year the Bitcoin conference has taken place in Miami, relocating from its original location in Los Angeles in 2021. This move further legitimizes Miami as another crypto powerhouse, adding another city pushing for the adoption of blockchain technology.

Additionally, the Bitcoin Conference has given birth to the first Bitcoin Music Festival, known as the first annual Sound Money Bitcoin Music Festival. The festival featured renowned artists like Logic, Steve Aoki, Deadmau5, CL, Run the Jewels, and others to close out the world’s biggest Bitcoin conference. Sound Money Fest took place at the combined Pride Park and Miami Beach Convention Center in Miami Beach, FL. Where there were both indoor and outdoor elements to this one-of-a-kind music festival, further expanding the experiential event element to the ever-growing crypto community.

 

Other Top Cryptocurrency & Blockchain Conferences 2022

The cryptocurrency-event industry is expanding globally in real-time, and with pandemic restrictions being lifted, many events, including returning and new cryptocurrency events, are making their debut. As event calendars are filled, here are some of the most reputable crypto conferences and events this year that we believe you should save the date to prepare for:

For crypto enthusiasts in the United States looking to immerse themselves in the world of all things crypto, Consensus 2022 is a conference located in Texas that dives deep into more than just Bitcoin. It’s organized by one of the leading cryptocurrency news sites, CoinDesk, and has operated since 2015. Last year, the conference was virtual and had finally returned to an in-person event. This conference is for those that are unconditionally curious to learn about the depths of cryptocurrency. Here you can find keynotes on Web3, blockchain, crypto, and NFTs. In addition, there is also entertainment to indulge in, like music performances, parties, dinners, and other experiences to enjoy.

Comprised of two separate conferences in two different locations, the Token2049 Conference will be held in London first and then in Singapore. This conference. The conferences will be held this fall and will be more festival-centered, with an average amount of attendees showing up to explore the crypto market. Details are yet to be finalized, but we do know that last year’s conference saw many great minds on the stage, including Vitalik Buterin and Sam Bankman-Fried.

This technology conference and exhibition focuses on the latest developments within the blockchain ecosystem. Additionally, speakers will cover other vital topics like tokenization, blockchain in finance, and digital currencies. It’s a hybrid event co-located with the Digital Transformation Week, Edge Computing Expo, and Tech Ex events covering IoT, AI, big data, and cybersecurity.

This summit consists of many conferences happening around the world. The locations and times are the following: Dubai between the 23rd and 24th of March, Poland between the 7th and 8th of April, Canada between the 27th and 28th of April, Singapore in June, Australia between the 15th and 16th of September, and lastly Bangkok in December. The world’s most prominent blockchain summit brings together all blockchain experts and professionals in this crypto space with one goal: to propel blockchain and crypto into the future.

 

 

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