Sun, November 24

Largest Web3 Event WebX 2024 Kicks Off in Tokyo

WebX Market News
  • WebX conference organized by CoinPost, opened its doors in Tokyo, becoming Asia’s largest Web3 event.
  • The conference witnessed Binance’s CEO launching their services in Japan on a new platform.

On August 28, 2024, Japan’s largest cryptocurrency-themed event, the WebX Conference, opened its doors in Tokyo, drawing attention from all around the world. 

This global Web3 conference, organized by CoinPost, Japan’s leading cryptocurrency, and Web3 media outlet, attracted 180 exhibiting companies, 250 speakers, and over 130 media partners. It has become Asia’s largest Web3 event, serving as a crucial platform for discussing the future of Web3 technologies.

Japan’s Prime Minister, Fumio Kishida delivered a keynote speech via video, reiterating his commitment to Japan’s “new capitalism” policy. This policy emphasizes using innovation to address social issues.

Further, Kishida highlighted that the Japanese government has begun implementing specific measures, including tax reforms and legal amendments, to help Web3 start-ups raise funds more efficiently. 

Additionally, the “Core Policy for 2024” will prioritize user protection while promoting the flexible use of Web3 tokens, accelerating payments, and boosting the content industry. The conference also witnessed the participation of industry leaders like Binance, who announced the launch of Binance’s services on a new Japanese platform. 

Diamante Shines at WebX 2024 with Hybrid Blockchain Protocol

Yves La Rose, EOS Foundation CEO, was present and commented on Kishida’s speech, highlighting Asia’s welcoming attitude towards Web3.

One of the standout participants of WebX 2024 was Diamante, a pioneering blockchain and AI firm. Diamante, a Platinum sponsor of the event, showcased the world’s first Layer 1 hybrid blockchain protocol-Diamante Net.

Moreover, Diamante Founder & COO Chirag Jetani delivered a keynote showcasing the power and potential of Diamante Net. He also discussed Diamante’s prime projects, PayCircle and DIAM, their native digital asset.

The conference reflected Japan’s growing interest in Web3 technologies, and its commitment to creating a favorable environment for innovation. The event provided a platform for collaborating among global industry players, ensuring that Japan remains at the forefront of the Web3 revolution.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.