Bitget’s EmpowerX Summit: A Transformative Event in the Crypto Space
Bitget, a leading crypto exchange, recently hosted its inaugural flagship event, EmpowerX Summit, in Singapore. The summit brought together nearly 1900 guests, including over 247 VIP speakers and partners, to discuss the potential of crypto and the web3 ecosystem.
Keynote Speeches by Tim Draper and Haseeb Qureshi
The event featured keynote addresses from renowned venture capitalist Tim Draper and Dragonfly Capital’s Managing Partner Haseeb Qureshi. Draper emphasized the importance of bringing cryptocurrencies to the masses with good user experience and interfaces. He also highlighted that opening a bank account is more expensive than getting Bitcoin.
“I love what Bitget is doing – bringing Bitcoin and other cryptocurrencies to the masses,” Draper emphasized.
Haseeb Qureshi discussed the significant growth in on-chain settlements with stablecoins, revealing that over $11 trillion was settled on-chain in 2022, surpassing Visa’s transaction volume. He also pointed out that 25 million addresses hold $1 across all wallets and chains, equivalent to the fifth-largest U.S. bank in terms of users.
Pivotal Moments at EmpowerX Summit
The summit marked a pivotal moment for Bitget, as its Managing Director Gracy Chen expressed the company’s mission to empower global users to trade crypto and assist companies in realizing their decentralized real-use case products.
A panel discussion featuring industry luminaries like Justin Sun, Yu Hu, Alexander Pack, David Tse delved deep into topics encompassing AI, Blockchain, and the future of the internet.
Insights from Visionaries and Co-founders
The summit featured six insightful panel discussions with visionaries and co-founders in the blockchain realm. Notable speakers included Mihailo Bjelic, Adeniyi Abiodun, Bryan Pellegrino, Alexandre Dreyfus, Sander Gortjes, Michael Gronager, and Sebastien Borget.
Announcement of the EmpowerX Fund
Bitget announced the creation of the $100 million EmpowerX Fund during the event. The fund will support the growth of regional exchanges, data analytics firms, and media organizations, aligning with Bitget’s core philosophy of “Trade smarter.”
Web3 Pitching Session and Smart Awards Ceremony
The summit also featured a thrilling Web3 pitching session where attendees witnessed a sneak peek of the “Killer Whales” reality show. Lava, an open standard for blockchain RPC and APIs, was selected as the winner.
The Bitget Smart Awards ceremony honored excellence in investment behavior and trading strategies using 0xScope’s blockchain analytics capabilities.
Bitget’s Commitment to a Smarter Trading Future
Through its rebranding campaign and ecosystem expansion, Bitget solidifies its position as a leader in innovative trading products. The company remains dedicated to facilitating smarter trading, empowering individuals, and building a more secure and efficient financial future.
Hot Take: Bitget’s EmpowerX Summit Sets the Stage for Crypto Transformation
Bitget’s EmpowerX Summit in Singapore proved to be a transformative event in the crypto space. With esteemed speakers, insightful discussions, and exciting announcements, the summit highlighted the potential of crypto and the web3 ecosystem. Keynote speeches from Tim Draper and Haseeb Qureshi emphasized the importance of bringing cryptocurrencies to the masses and showcased the rapid growth in on-chain settlements with stablecoins. The announcement of the $100 million EmpowerX Fund demonstrated Bitget’s commitment to fostering ecosystem development. The summit also showcased innovative projects and honored excellence in trading strategies through the Web3 pitching session and Smart Awards ceremony. Overall, Bitget’s EmpowerX Summit solidified its position as a leader in the crypto industry and set the stage for a smarter trading future.
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