Coinfest Asia, Asia’s Top Insight & Networking Festival Crypto, Blockchain, Web3, Metaverse, and NFT was successfully held from August 25-26, 2022, at Cafe Del Mar, Bali. Held at a beach club, Coinfest Asia successfully created an event that was both insightful and relaxing for crypto enthusiasts all over the world. 

According to Felita Setiawan, Project Director of Coinfest Asia and Director of Coinvestasi, this event was intentionally held with a concept that suits the crypto investors mindset. 

“Every year before the pandemic we always held Coinfest, but this year we wanted it to be bigger with a more relaxing concept that we think suits the crypto industry’s mindset. The ambiance we think has eased crypto enthusiasts to gain knowledge and connections by being in the most comfortable crypto event,” said Felita Setiawan. 

Coinfest Asia was opened by the Vice Minister of Trade, Jerry Sambuaga. In his opening remarks, he stated that Coinfest Asia was one of the most prominent events that support crypto growth in Indonesia.  

“Congratulations to Coinfest Asia for creating this event, I see the crypto industry as a very beneficial and potential industry for the country. Crypto transactions in Indonesia had also risen significantly where in December 2020 the total volume of transactions was at Rp64,9 Trillion and in December 2021 it rose to around Rp859 Trillion. This could be beneficial for the country’s income, thus I am very happy this event can support Indonesia’s crypto ecosystem, that is why the government is happy to support the digital trade ecosystem,” said Jerry Sambuaga. 

Coinfest Asia was held by Coinvestasi, a media company that is the subsidiary of Indonesia Crypto Network (ICN). This event was supported by Coindesk Indonesia, the Indonesian Blockchain Association, the Singaporean Blockchain Association, and Indonesia’s Chamber of Commerce.