CoinW and Solana Superteam Join Forces for Coinfest Asia 2024 Debut

CoinW, a leading cryptocurrency exchange, is set to make a significant impact at Coinfest Asia 2024, one of the largest Web3 events in the region. The event, scheduled for August 22-23 in Bali, Indonesia, will see CoinW partnering with Solana Superteam to host two side events, marking their collaborative debut just a month after releasing their partnership kickoff video.

This participation comes on the heels of CoinW's involvement in EDCON, an Ethereum ecosystem-based event in Japan, highlighting the exchange's active engagement in major Asian crypto events. The collaboration with Solana Superteam at Coinfest Asia represents a strategic move to strengthen CoinW's presence in the Asian market, which is increasingly recognized as a driving force in the global crypto landscape.

Coinfest Asia has established itself as a premier Web3 event, attracting over 2,000 attendees from 52 countries in its previous edition. The event featured 80+ speakers from renowned companies and saw participation from over 300 firms, underlining its significance in the industry. This year's edition promises to build on that success, offering a range of activities including the ETH SEA Hackathon, aimed at enhancing developer skills in Web3 technology.

As part of their collaborative effort, CoinW and Solana Superteam will host an exclusive VIP after-party on August 22, providing an opportunity for networking with industry peers. The following morning, an invitation-only brunch will be held. These events will serve as platforms for CoinW to unveil its new product, PropW, and introduce a new Franchisee program for regional partners.

The timing of this collaboration is particularly significant given Asia's growing influence in the crypto market. Recent data from CCData indicates that Korea has surpassed the US as the world's largest crypto trading country by volume since the end of last year. This shift, coupled with the recent Bitcoin breakthrough during Asian trading hours, underscores the increasing importance of retail trading volumes in Asia.

CoinW's participation in Coinfest Asia 2024 aligns with its broader strategy of global expansion. The CoinW team has already established a strong presence in US and European markets through its Expedition Trek initiative, participating in events such as Consensus, Money2020, and Proof of Talk. However, the exchange maintains a strong connection to Asia, where it first gained market recognition.

As one of the world's pioneering cryptocurrency exchanges, CoinW's collaboration with Solana Superteam and its debut at Coinfest Asia 2024 signify a strategic focus on the Asian market. This move comes at a time when the region is increasingly seen as a key player in driving the resurgence of the crypto market.

The unveiling of PropW at Coinfest Asia 2024 is expected to generate significant interest among attendees and industry observers. While details about the new product remain under wraps, its launch in conjunction with the new Franchisee program suggests CoinW's commitment to expanding its offerings and reach within the Asian crypto ecosystem.

As the crypto industry continues to evolve, events like Coinfest Asia play a crucial role in fostering innovation, collaboration, and knowledge sharing. CoinW's participation, alongside Solana Superteam, not only highlights the exchange's commitment to these principles but also positions it at the forefront of the ongoing transformation in the Asian crypto landscape.