Results of Blockchain Life 2021

🙌🏻Outcomes:

❗️Topics discussed at Blockchain life 2021 have been relevant since the previous forum, especially those touching crypto regulation issue in Russia.

1️⃣The “Digital financial asset law” zone was the one to interest everyone most. The Russian Central Bank representatives were supposed to give a speech but since they “have nothing to say yet” they didn’t came to the stage listening to speeches and participants’ questions sitting in the hall.

Finally, it’s all the same: everyone is ready for the dialogue but nothing is clear yet.

2️⃣As for DeFi, it is quite clear: the interest in decentralized finance is growing, as well as the capitalization that is not going to stop especially in the light of that $2 trillion will be put into the economy.

The projects seem optimistic but we all keep the risks in mind as well.

3️⃣NFT has become a new topic for discussion. We recalled the most expensive pieces such as the digital picture programmed into an NFT token “grey pixel” sold for 100 million roubles.
In comparison, Black Square by Malevich is only worth one and a half billion roubles.
Well, the physical pieces of art are still among the leaders by value but is remains unclear how much pixel is to be worth in 100 years. Blockchain community still hasn’t reached consensus as some believe that NFT is another way to “optimize the tax system”, while others consider it to be the disruptive technology.

4️⃣Mining has also heron discussed as along with the recent BTC growth it has already become profitable. And the future is, as many believe, staking.

5️⃣The exhibition hall was filled with PoW mining hardware suppliers, representatives of exchanges, infrastructure projects and investment cases.

🧐Follow our social media as in the coming days we will post a review containing our conversations with other forum participants, and there are some really interesting “exhibits” among them.

🙌🏻 Looking forward to seeing you at the next event this autumn!