Conference catch-up.
04 Aug 2022, 16:05
Conference catch-up
EthCC in Paris possesses itself as one of the major event for all Ethereum developers and fans to engage in smart contract coding or wide topic communication. However, EthCC turns out to be a perfect opportunity for a networking and business development. So Peanut Trade couldn't miss this event.
Another notable thing this year has been a significant decrease in the activity and presence of VCs with various disclosures. Firstly, the conference was held at a difficult time for the crypto industry. Large projects and VC such as Three Arrows, Celsius and Voyager Digital have recently filed for bankruptcy, and this has hit many funds involved in blockchain / crypto area hard.
Second, a series of recent crypto bankruptcies, combined with the worst bear market in three years, has shaken overall confidence in the crypto industry, as well as raising questions about the current state and future of DeFi.
However, those who came to the conference did not look tense. The mood at EthCC was extremely positive and most people were ecstatic that the bear market would not turn into a scam because profits cannot be made quickly and easily.
Throughout the week, the members divided their time between serious business and hard-hitting parties. In fact, EthCC is much more than just a conference, as it traditionally has a lot of social events in addition to everything related to the conference format.
Overall, this year's EthCC, in addition to helping establish promising partnerships and contracts, proved that Peanut technologies are ahead of trends and has chosen the right path, stack and vision.