Market Watch

Coinfest Asia is Back in 2023, Carrying the Theme of Web2.5!

Jakarta, Indonesia, Coinfest Asia, the immersive Web3 festival in Asia, will be back on 24-25 August 2023 in Bali. Previously, the 2022 edition of Coinfest Asia managed to have more than 2,000 participants from more than 50 countries, these participants started from the institutional level, retail, and regulators.

In the 2023 edition, Coinfest Asia will carry a new theme titled Converge, aiming to converges Web2 and Web3 industries into Web2.5, which is a transition process between Web2 and Web3. This is also a form of support for Coinfest Asia to brace the Web 2.5 industry and Web3 implementation.

“This year Coinfest Asia will be back with insights and a variety of interactive and interesting activities about the Web 2.5 industry, which is a period of industry transition from Web2 to Web3. This event is also our platform to contribute so that the industry on Web3 continues to grow, especially in Asia,” said Felita Setiawan, Director of ICN, organizer of Coinfest Asia.

Coinfest Asia will showcase Web2.5 real use-cases and tangible solutions to its attendees. Companies can have the opportunity to showcase their impact-driven products and build strategic partnerships with Web2 and Web3 companies, which can be the opportunities to improve business and implementation. Apart from companies, this event also targets various groups from crypto enthusiasts, fund managers, developers, creators, to regulators.

Get to know Web 2.5 and The Role in the Industry

The Internet has been present for more than 50 years, in its journey there have been two generations present. Web1 is just information available on the web. Web2 allows users to interact and make web pages more interactive.

The next generation is Web3 which will bring the world of the internet to a different level from the previous generation, with various innovations that are trying to be presented, from blockchain, crypto, decentralized technology, NFT, Metaverse to AI.

But like any new technology, Web3 is still quite abstract to implement. One way to make Web3 acceptable to previous generations of Web users required some kind of link, known as Web2.5.

Web 2.5 describes the blockchain business that lives between Web2 and Web3. The idea behind this is that consumers want the advantages of a blockchain-based platform. However, they didn’t want the hassle that often comes with blockchain-based systems, so Web 2.5 would make it easier for people to adopt Web2 to Web3 and less trouble if people switched to Web3, entirely.

With Web2.5, several well-known brands began to enter Web3. Among other things, Nike announced the creation of .SWOOSH, a Web3 platform now in beta testing for creating online digital communities. Fans can create interactive digital objects in the form of t-shirts, shoes and more.

Likewise, Starbucks started its blockchain-based loyalty program last December. Starbucks Odyssey, which will offer coffee-themed NFTs and a loyalty program that goes beyond offering free drinks.

Through Coinfest Asia, you will be invited to explore and experience the shift from Web2 to Web3. Get tickets at special prices, visit the Coinfest Asia site now!

Zex PR Wire

Recent Posts

Zcash Reaches Eight-Year High, Surpasses Monero As Top Privacy Coin

Zcash (ZEC) has climbed to levels unseen since 2017, topping Monero (XMR) in market cap…

2 hours ago

PRDT to Launch $PRDT Token on November 1st, Distributing 80% of Platform Revenue to Stakers

Abita Springs, Louisiana, 31st October 2025, ZEX PR WIRE— After four years of building, PRDT,…

10 hours ago

Bybit Suspends New Registrations in Japan Amid FSA Regulatory Changes

Bybit, the second-largest cryptocurrency exchange by trading volume, plans to stop new user sign-ups from…

14 hours ago

Qtum Ally Launches to Deliver True Multi-Model AI Productivity Without the Cloud

Singapore, October 30th, 2025 – The Qtum Foundation today announced the launch of Qtum Ally,…

1 day ago

BeCEXy Platform Moves From Beta to Full Launch, Uniting the Tap-To-Earn Ecosystem

After six months of successful beta testing, BeCEXy announces the full launch of its platform.…

2 days ago

$IONIX Chain Leads Best Crypto Presale ICO in 2025 as ETH and BTC Rise

Dubai, UAE, 29th October 2025, ZEX PR WIRE, As traditional cryptocurrency giants like Bitcoin and…

2 days ago