Exploring the Web3 Festival in Hong Kong: Highlights and Insights (Vlog)

Hey guys, so we're back at another conference. Awesome. We're back in Hong Kong. So this is the Web3 Festival. This is the biggest Asia-Chinese based conference. So this is actually one of the conferences that was originally in China. It got moved to Hong Kong and it's kind of like a gathering place for all the Chinese and like the international audience. They're trying to make this big. Obviously these guys, like who's hosting this, Web3 Blockchain Week, Wanshan Blockchain Guys. Okay, these guys are the original OG investors in Ethereum. Oh, they're the ones that own like more than a million ETH. No wonder that name is familiar. Not a million dollars of ETH, million ETH. That's why they're so ballsy. Yeah, they're like, yo, we got the biggest falls in the world. Look at this. Let's make blockchain legit. So they've been for the longest time, you know, like if you look at their website, they've been investing a lot of projects. Early, early, early rounds for Ethereum, for like Bitcoin as well. Like there's a lot of like OG Bitcoin guys here as well. But I mean, it's quite funny. Like every single conference we go to, I think everything is dumping. I think like every single intro, like every time I do an opener at a conference, I'm like, yo guys, check out, check out how much we're down. Oh shit, look at the red. Look at the blood. The blood. But no, it's a blood blast today. And almost every single conference I feel is a blood blast. We're trying to explain it. I think just like, it's either luck or like, I think like every single conference, like the first one I remember this like very like concisely was a Korea blockchain week. Yeah. It was like minus 20%. I was like, oof. Yeah. So anyways guys, let's go inside and see who's dumping and figure it out. Yes, sir. Let's go. Oh cool. Oh, oh, oh, yo. It's funny to see the meme guys take real life, huh? Yeah. What do you do with box money? I chase deals. You chase deals, invest. What's the scene like this year? I think it's fun to see like GMGN. Because like we didn't see like big booths of like people doing meme last year. So it's actually like the size of like big exchanges. So it's fun to see that. Yeah. And I think it's different. It's like you see these things on like DJ and stuff. You never see it in real life. Yeah. But like they have a real life presence. It's quite interesting. Yeah. You know what's interesting here? All right. I'll say hi to camera. So like I'm filming with a larger camera and people dodge the camera. But if you film with a smaller camera. Yeah. They just like walk right past you. Yeah. So it's weird. All right. Let's go around. Let Miffy take you guys around. I'm done. I'm done doing my walks now. Okay. So I think like the previous years there's like a lot of like Chinese exchanges. Oh she does a live doll. Let's talk to the doll. Wow. Wow. This is scary. I don't think they dressed it properly. Yeah. I think she does it properly as well. It's missing some items. I don't know. Guys. And we see more memes there. Capybara. Oh hey. Oh more memes. Yeah. More memes. Do you think they did this like before the crash? It's just like you know this is like you know like they probably ordered these booths right before the crypto crash. Yeah. Like maybe like half year ago. Yeah. Because they had to plan it right? Yeah. So then you know it feels awkward. Well then I think the booths this year are like much smaller and like not much setup. And then yeah there are like a lot of names I haven't heard before. You gotta be positive. They won't invite us back. It's okay. Just the tickets. I can get it. So what do you think so far? I think the scale is uh... Smaller than before. Like... Yeah. A bit smaller than before. Right. But then there are still like a lot of people coming and exploring what's here. I think it's a different vibe. Yeah. It's a different vibe. It's a very different vibe. Like very very like... It's very back to the very Chinese style. Yeah. Again like lots of Chinese dudes. Um... One or two girls. Like I don't know. It's just like... Like it's not that um... International. Like people are joining. Yeah. It's not international at all. Right. Right. Like the only people speaking English and they're like yo. Yeah. Like we've been to consensus like last month. There are like a lot of like uh... Foreigners and like um... Different kind of people coming. Yeah. But here it's like more um... Yeah. Asia focused. And I think the tone is so weird. Like... Like I think token is like... It's like cramped together. So you're like okay. The market's down but the tone is great. Right? Now it's like a little bit sparse and you're like... The market's down. I don't know. I don't know. I don't know guys. Like I cannot feel um... The energy here. Like uh... Yeah. But then we have a problem because I don't know if it's us the Chinese energy. Like the Chinese are generally not as expressive. You know they don't have large hand actions. Yeah. They'll be like... Yeah. Yeah. Hi. Yeah. Nice to meet you. Yeah. But I think to be fair like... I think our expectations are a little bit higher because... Uh... When we went to the first Web3 Festival. Yeah. It was the first time after Covid. So a lot of people were meeting up for the first time. Yeah. But now it's just a little bit like you know... Why do we need to meet? It's crypto. Yeah. It's blockchain. You know like... Yeah. GMGN everyone. I guess we're standing here. We're trying to figure out what some final thoughts are. I think I'll leave it to this. Okay. These are the guys who have money. Web3. OKX. Hashkey. GMGN. Tan. Tan has double the money because it's got two. Oh yeah. And that's it. And Wang Xiang. Oh Wang Xiang. Oh Wang Xiang is still spawned. Oh Wang Xiang is still spawned. Oh Wang Xiang is main stage. Main stage. Main stage. Main stage. Okay. There we go. Alright cool. I mean... Yeah. Final notes guys. Subscribe, like, everything. Peace. Yeah. Yeah. Yeah. Yeah.