Forget unicorns. This year Filipino blockchain week Was not about chasing the next hype coin or beating the flashst start. Instead, it illuminated something much more powerful –Real-World Blockchain adoption Hands here, right now.
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By its fourth edition, the two -day event proved Philippines is no longer just a “potential market” for web3 – it is a drawing in motion. From clear regulatory frameworks to the mass market digital exchange asset and youth-driven creators communities, the country’s blockchain ecosystem develops rapidly.
“We are just one of the few countries in the world that have these regulations, really welcome these innovations such as blockchain,” said Mark Gorriceta, head of Gorriceta Africa Cauton & Saavedra. He noted that the Philippines starts early on to regulate Fiat-to-Crypto exchange has expanded to broader monitoring of digital access.
“Think of a stock exchange,” Gorriceta added. “Instead of exchanging shares or shares in a Philippine company, you will now be allowed to trade your bitcoin and other symbols on that platform or exchange.”
The promise of massage options is no longer theoretical – millions of Philippines already use digital currency, often without even realizing it.
“Within it Gcash appYou now have direct access to buying and selling and sending and getting crypto, “said Luis Buenaventura, crypto manager at Gcash.” It’s one of the icons there. And now we have several million Philippines actively with it. “
For ecosystem builders such as Donald Lim, Blockchain is the next limit of government and citizens’ commitment. “If each LGU put their local ID or even older citizens or city -id to be part of blockchain, it will be a massive first step,” he said. “Because after that it will (also) have a global impact.”
But it’s not just about regulation and Fintech. The main theme of the year was the explosive growth of web3 in game And the creator communities – a sector where the Philippines are already world leader.
“The Philippines is the ground for Gamify and Web3,” explained Evan Luthra, a general partner at COPD Capital. “They use crypto, they assume crypto. Even from playing a game, it means you have a crypto wallet. So I think it’s a great opportunity here. “
For creators like Aya de Quiroz, Web3’s future is not limited to digital screens. “Let’s take back physical, concrete things like our boxes. Let’s do a bunch of dance, whatever – stood on stage or in front of my house or something crazy like that,” she said. “The web2 guerrilla marketing tactics that have worked has not yet entered the web3 space.”
Meanwhile, international investors will be serious about Pull over symbols.
“When it comes to venture investments, we are now looking at products that actually generate revenue,” said Laura Inamedinova, head of the ecosystem at Gate.io. “We are looking for products that actually have a use case, have a society and have some kind of traction from not only web3, but web2 as well.”
Perhaps the most inspiring takeaway? It is the next generation that enters the web3 world.
“I’ve never seen children from school come into a blockchain world,” Luthra said. “I think it’s good for children to have this exposure. Because technology is not looking for degrees.”
The main message here is that blockchain in the Philippines not only grows up, roots grow.
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