Harmony Meetup V Highlights: Web3 Takes Center Stage in Yerevan

YEREVAN (CoinChapter.com) — From July 1-4, Yerevan’s Dvin Music Hall hosted Harmony Meetup V, organized by Fastex. This event gathered over 500 participants, including global companies, partner organizations, bloggers, and influencers. The event aimed to bridge traditional finance (TradFi) and decentralized finance (DeFi), attracting significant international media attention.

Fastex Launches Physical Card and Promotes Web3 Growth at Harmony Meetup V

Fastex introduced the physical card as part of its latest achievements, aiming to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi). The card provides speedy, secure, and seamless transactions, integrating crypto assets for flexible use. Additionally, Fastex’s ecosystem, built on the Bahamut blockchain, highlighted its NFT marketplaces and other digital and physical services, enhancing the Web3 experience for users. Fastex officials emphasized the card’s potential to make Web3 technologies more accessible with seamless crypto integration and flexible transaction options, simplifying the use of decentralized systems in everyday transactions.

The Bahamut Foundation supports decentralized applications (DApps) within the Web3 ecosystem, offering a grant program funded with 10 million FTN. It emphasizes education and community engagement, hosting global events and meetups to inspire and educate blockchain stakeholders. The foundation’s initiatives drive innovation and support the development of the Web3 field.

Expert Panels and Armenia’s Rising Role in Crypto

Harmony Meetup V featured several panel discussions focusing on the future of DeFi and decentralized management. Expert panelists discussed the evolving regulatory environment and the implementation of layer 2 solutions (L2s) like the Caucasus Blockchain. Built on the Bahamut blockchain, Caucasus L2 boasts up to 12 times faster transaction speeds and lower gas fees than its competitors. This L2 enhances speed and scalability and is set to be used by many games.

The event also highlighted Armenia’s growing importance on the global stage of crypto regulation. Although crypto regulations in Armenia are still limited, discussions at Harmony Meetup V emphasized the country’s potential to become a significant player in the global blockchain industry. Participants explored how Armenia could shape future regulations and support the development of decentralized technologies.

Festive Afterparty at Harmony Meetup V Fosters Networking and Relaxation

Harmony Meetup V wasn’t just about discussions and presentations. The event had a festive atmosphere, with an afterparty featuring Armenian wines, cognac, and abundant food. Lamborghinis, Rolls-Royces, a red carpet, and a banquet hall added to the event’s grandeur. This setting allowed participants to relax and continue their discussions informally, exchanging ideas and strategies for the future of Web3.

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