The future of crypto investing and fundraising: Day 3 of Binance Blockchain Week 2022

How will blockchain change the future of investing? What trends and features awaiting retail crypto investors? What’s the right fundraising model for your project? These topics were highlighted on the closing day of Binance Blockchain Week 2022, which was held in Dubai from 28 to 30 March 2022.

The annual Binance Blockchain Week involves the brightest and most influential minds in the blockchain ecosystem and beyond for three days of various panels, fireside chat sessions and thought-provoking keynotes available via live streaming.

Day 3: On the last day of Binance Blockchain Week 2022 leading speakers from regulatory and blockchain industry fields shared their thoughts on crypto investing and trading.

The starting keynote talked about how blockchain will change the future of investing. What will it take for institutional investors to move to the new financial era? The answer is exposure to knowledge and the ecosystem.

“A lot of the world’s smartest people are migrating to this space,” claimed Magnus Grimeland, Founder and CEO of Antler.

He noted that despite the progress made in the crypto investing arena, some financial institutions still find it hard to gather enough information to leap. However, with some time and the willingness of the experts of both traditional and crypto fields to collaborate, the massive knowledge gap about this intricate and complex space can be bridged.

Regarding the ecosystem, it seems that the barrier to entry is impeding the big move. In particular, the on-ramp facilities in place can be cumbersome at best and alienating at worst.

Romit Mehta, Investor at Lightspeed India Partners, noted: “The job of a good VC fund is to follow the opportunity.”

In Mehta’s words, failing to follow the opportunity swiftly, large companies might risk losing their first-mover advantage and the influence they have over the masses.

The investing space has gone from seeing only crypto natives in the early days, to the current mix of crypto-curious and crypto-savvy. And as institutional investors start taking note of the retail trend, it would only be a matter of time before crypto products need to be included in the portfolios of institutional investors.

The next panel discussed future trends and features for retail crypto investors. The speakers agreed that we are in a unique position where users, builders, and regulators can collectively come together to decide what investing landscape we hope to see. And innovation in the space will never stop.

Jerry Tang, CEO of VCV Digital Group, said: “A new reality is emerging because of the pandemic.” And if it has affected the world, it’s likely that the crypto space will also be reshaped accordingly. In a time where physical meets virtual, crypto elements that bridge the two worlds, like NFTs and the Metaverse, will continue to grow and find their place.

Further, Madeh Badaoui, VP of Engineering at BitOasis, shared his four principles of safe investing that retail investors should know:

1. You must understand how much you are willing to lose.
2. This is a long-term haul.
3. Don’t fall prey to FOMO or FUD.
4. See opportunities for re-entry and rebalancing.

The next keynote speech underlined the importance of legislative, community, and financial support as integral in creating change on a global stage.

“Crypto investment isn’t just about holding Bitcoin – It’s also about investing in the infrastructure, people, and technology that change people’s lives,” shared his thoughts Khalifa AlJaziri, Commercial Affairs Regulatory Sector Projects Advisor, Ministry of Economy of the UAE.

That’s why Dubai and the rest of UAE have been a welcoming environment for organizations like Binance.

In line with Binance’s goal of educating and empowering the masses, Dubai has been a fertile ground for collaborative learning to take place. The Mohammed bin Rashid Al Maktoum Innovation Fund provides 2 billion AED of financial support for start-ups in the space. Dubai’s Global Blockchain Council assembles 46 members to form a unified leadership that represents Dubai. And Dubai Blockchain Center has organized use case focused events and demonstrations.

“Innovation in the blockchain, crypto, and FinTech space is at the heart of Dubai’s digital economy,” Khalifa AlJaziri added. The exclusive memorandum of understanding with the Dubai World Trade Center last year leading to tremendous progress in the form of a license for Binance is sure to be one out of many experienced businesses in the space.

In a closing keynote, CZ, Binance CEO, thanked all the distinguished speakers and guests that flew and tuned in to the event to make it possible.

“This event is really just about education,” noted Changpeng Zhao, Binance CEO.

Echoing the sentiment of the distinguished leaders in Dubai, CZ said: “I want to stress the importance of Dubai in the blockchain world.”

In his words, the inaugural event is meant to be a destination and a celebration of our progress as a unified global community. And over the past three days of riveting conversations with our attendees, the community has had a lot of time to reflect and rejoice with the millions of people taking part in the same conversation in all corners of the world.

And with that, Binance Blockchain Week 2022 in Dubai has officially come to a close.