Bali Hosts Successful Coinfest Asia 2023, Boosting Web3 Ecosystem

Published On: September 5, 2023508 words3 min readBy:

Coinfest Asia 2023, organized by Coinvestasi, was successfully hosted in Jimbaran, Bali on August 24-25, 2023. The second edition of the event saw an impressive turnout of 4,000 attendees from more than 50 countries, highlighting the growing interest in the convergence of web2 and web3 technologies. The festival served as a platform for dialogue and collaboration aimed at strengthening the web3 ecosystem.

The Minister of Tourism and Creative Economy of the Republic of Indonesia, Sandiaga Uno, inaugurated the event. He praised Coinfest Asia as the largest web3 festival in Asia, underscoring the Asian region’s openness, particularly Indonesia’s, towards fostering web3 innovation.

During his virtual address on August 24, Steven Suhadi, Founder of Indonesia Crypto Network and parent company of Coinvestasi, highlighted the aim of Coinfest Asia 2023. The event brought together over 100 speakers who shared their insights and experiences in the web2 and web3 sectors over two days.

Notable speakers included Yat Siu (Co-Founder of Animoca Brands), Thomas France (Co-Founder of Ledger), Eggy Tanuwijaya (Director of Solution Architecture at Alibaba Cloud), Oscar Darmawan (CEO of Indodax), Bobby Lee (CEO of Ballet), Joshua Foo (Regional Director SEA and Central Asia of Chainalysis), Lennix Lai (Chief Commercial Officer of OKX), Daniel Oon (Head of DeFi at Algorand), Amy Zhang (VP of Sales APAC at Fireblocks), among others.

The Converge and Sunset stages were buzzing with discussions on over 25 topics encompassing business, innovation, adoption, investment, and regulation in the web2 and web3 spaces. Bobby Lee, Founder and CEO of Ballet, was among the speakers who shared their insights.

Coinfest Asia 2023 was more than just a conference. It also offered a Breakout Area for more intimate interactions between attendees and speakers, a Play Area with exciting prizes worth up to US$2,500, and spaces like the Bull House and Government Pitching for potential partnerships and investments.

The success of Coinfest Asia 2023 has set the stage for future events aimed at nurturing the web3 ecosystem in Asia, particularly Indonesia. Over 30 leading companies in the web2 and web3 sectors supported the event, including Fireblocks, Ripple, Pintu, PinkSale, BlockchainSpace,, Cregis, Google Cloud, AWS,, Zetrix, Algorand, Alibaba Cloud, Binance, Tokocrypto, Circles, and more.

Coinfest Asia by Coinvestasi is an annual crypto, web3, and blockchain festival organized by one of Indonesia’s leading crypto news portals. Each year, the event revolves around a unique theme reflecting the latest trends in web3 technology. The inaugural Coinfest Asia was held on August 25-26, 2022 at Café Del Mar in Bali and attracted over 2,000 users and leaders in the WEB3 and blockchain industry.

Coinfest Asia 2022 was sponsored by several major players in the crypto, blockchain, and WEB3 sectors including Fireblocks, Elliptic, Fastex, Enjinstarter, Pintu, Indodax, 1inch, Emurgo, Advance.AI, KunciCoin, Deepcoin, Tezos, Paras, Coinstore, BRI Ventures, Nanovest and Biznet.

Founded in 2017, Coinvestasi has become a go-to crypto education platform for Indonesian crypto enthusiasts. They provide daily informative content through and their social media platforms such as YouTube and Instagram. They also facilitate daily discussions on Twitter, Telegram and their Discord Community. Coinvestasi is part of the media group Indonesia Crypto Network (ICN).

Share This Story, Choose Your Platform!

Leave A Comment