Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto


Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

CryptoSlate had the chance to take a seat down with Erhan Korhaliller, Founder & CEO of EAK Digital, the web3 communications and occasions company behind among the business’s most inventive IRL occasions, as he places plans collectively for the a lot anticipated Istanbul Blockchain Week.

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

Why is the Turkish market so scorching for crypto?

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

Turkey has been combating excessive inflation and rates of interest for a while now, a very long time earlier than it began seeping into the worldwide market. The official inflation price of Turkey presently sits at 78.6% for the month of ; this has led Turkish individuals to search for various belongings wherein to protect and increase their wealth.

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

Turkey additionally has a really profitable cellular gaming market; in a latest report, it was said that 79% of adults in Turkey play video games, so individuals are used to swapping out and in of tokens and cash, and I think Turkey will play a key function within the upcoming surge of web3 gaming that we’re going to see within the subsequent few years.

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

What sectors of the web3 business are significantly scorching in Turkey proper now?

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

Turkey has an enormous quantity of retail merchants; this has led to most of the main exchanges constructing a Turkish presence, together with Binance, Huobi and FTX, and extra. In my discussions with exchanges, I’ve been instructed often that Turkey is within the high 2/three markets for buying and selling on their platforms. Along with the worldwide exchanges, there are massive nationwide exchanges presently posting big volumes, resembling BTC Turk and Paribu. 

Istanbul Blockchain Week Founder Erhan Korhaliller Discusses Why Turkey Is One Of The Hottest Places For Crypto

Turkey has at all times been an enormous marketplace for cellular gaming, and there continues to be an especially massive gaming neighborhood in Turkey which are ripe to be onboarded into web3. We plan to allow that at Istanbul Blockchain Week at our W3E championships, the world’s first Web3 gaming championships.

What impressed you to organise Istanbul Blockchain Week?

Apart from my Turkish heritage, because the founding father of EAK Digital, a web3 inventive communications company since 2017, we’ve partnered with many occasions as their PR associate in addition to labored with high-profile shoppers resembling Binance, XX Community, Theta Community, Neo, and so on., as our company grew our community grew with it. In 2019, I made a decision to discover the Turkish web3 occasions panorama and I used to be very disenchanted at what I discovered.

There have been no main occasions happening in Turkey and the occasions I might discover had questionable audio system and characters within the house usually recognized of shilling and questionable initiatives. Along with this, the Turkish economic system was struggling while adoption within the nation was exploding. This impressed me to launch Istanbul Blockchain Week, the premier web3 occasion in Eurasia,  wherein we invite actual builders, educators, thought leaders and high enterprise individuals each in Turkey and internationally to launch an occasion that Turkey will be actually happy with.

What’s the present regulation for crypto in Turkey?

In Turkey, it’s unlawful to make use of crypto as a type of fee nevertheless it’s not unlawful to commerce cryptocurrencies. Apart from this, they’re hasn’t been clear regulation pointers set by the federal government. President Erdoğan stated the laws concerning crypto belongings is prepared for the parliament, with no clear date as to when this might come into follow. We’re looking forward to laws that enable for the house for innovation and development to proceed within the crypto asset house in Turkey.

What would possibly shock some individuals is that President Erdogan, after assembly with Tesla firm CEO Elon Musk, introduced that TOGG, the home automobile model of Turkey, will cooperate with the blockchain. He additionally said that Turkey must be one of many main international locations within the Metaverse universe in January of this yr.

What are the important thing spotlight occasions of the Istanbul blockchain week?

The week kicks off with a 1 NFT Day devoted to all issues NFT/Metaverse and gaming, this can be a extremely curated lineup of leaders of the NFT house inside Turkey and Internationally. We then transfer into the principle occasion of the week, IstanBlock, which is a two-day occasion that can function Turkish audio system, massive multinational corporations, and naturally, web3 heavyweight thought leaders.

Following the principle occasion, we’re extraordinarily excited to be launching the W3E Championships, the world’s first Web3 gaming championship. We have now a devoted 600-seat E-Sports activities area in Istanbul for the finals of the championship, which incorporates among the high video games in web3. Avid gamers should enter the qualifying tournaments for the championships happening in August and September earlier than the finalists descend to Istanbul for one ultimate epic showdown.

Who’re among the headline names planning to talk at Istanbul Blockchain Week?

At this yr’s Istanbul Blockchain Week, we’re specializing in various totally different areas within the business break up throughout the totally different occasions. You may count on a complete host of audio system from leaders in web3 alongside mainstream web2 manufacturers which are breaking into web3. Its been fascinating to look at the likes of Tiffanys and Adidas just lately increase into web3 and we need to host occasions that facilitate such partnerships.

As well as, at IstanBlock, the flagship occasion of Istanbul Blockchain Week, attendees can count on main figures in web3 and legendary figures like David Chaum, a legendary cryptographer and pioneer alongside high enterprise capital funds and establishments. We can even have a powerful NFT/Gaming/Metaverse presence at NFT Day and the Web3Esports Championships with audio system anticipated who’ve labored on among the largest video games AAA+ video games to affix the dialog.

Why ought to individuals attend Istanbul Blockchain week?

Istanbul Blockchain Week represents the most effective alternative for the worldwide neighborhood to enter the rampant Turkish crypto neighborhood, and construct relationships with merchants, influencers, thought leaders, , and enormous multi-national corporations on the lookout for companions to interrupt into web3.

At Istanbul Blockchain Week, we’ve a spread of occasions which are appropriate too many alternative profiles of attendees. Whether or not you might be an NFT fanatic, a serious enterprise/financial institution pivoting to web3, or an avid gamer, there’s something for you.

 Istanbul is an iconic historic metropolis and the thrill for web3 is palpable, you solely need to spend half a day in Istanbul to see how massive it’s right here. Seemingly wherever you look there’s a reference to crypto from promoting within the airport, native trams, and buses to bodily change retailers exterior the well-known Grand Bazaar.

The Turkish individuals are among the most devoted and enthusiastic about web3 and cryptocurrency and the occasion is a serious alternative for initiatives who need to attain a brand new receptive viewers or meet their present Turkish neighborhood.

Join with Erhan Korhaliller



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