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How to Benefit from Visiting Large Blockchain Events: 5 Recommendations from Event Organizers

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How to benefit from visiting large blockchain events: 5 recommendations from event organizers

How to Benefit from Visiting Large Blockchain Events: 5 Recommendations from Event Organizers
Blockchain events

Significant crypto conferences, forums, and summits provide plenty of profitable opportunities for attendees such as finding investors, making valuable connections, meeting the right people and presenting projects. Consensus – one of the most famous blockchain-dedicated conferences – attracts opinion leaders, CEOs and other specialists across the crypto industry. In other words, this event is a place where everything is set for improving your network. 

How can you catch all the opportunities it provides? We’ve got some hacks for you. Here is some advice from the Byzantium team, that is organizing a series of private side-events called Fireflies – mainly as a part of Consensus conferences, on how to get the most out of this immense blockchain event. The same goes for any big crypto event. Take a look at the checklist below!

The Speakers/Exhibitors Line-Up

First things first, let’s assume you’re searching for an engaging event to visit and you see a long list of unfamiliar titles. If you ask us about one detail, you need to consider one thing above all — the speakers and the exhibitors’ line-up.

A good event’s agenda should contain blockchain experts, crypto industry opinion leaders, representatives of mature companies, and funds. Beware of startup-only line-ups. Such an event may not be very beneficial as you don’t want to pitch your project to other startups, right?

Speaking Opportunities

Never miss a chance to become a speaker at the conference. Big events give many opportunities for speakers, not only onstage but also behind the scenes, on coffee breaks, side-events, and after-parties. Remember, your speech is the primary tool for explaining why your project is worth paying attention to. It’s also worthwhile to strengthen your networking and participate in panel discussions where you can find your valuable audience.

A Good Pitch

Now, when you’ve chosen the event to pay a visit to, it’s time to think of your pitch. As you aim to attract the audience’s attention and represent your project or company wholly, you need to work hard on your pitch structure. A well-structured pitch means each item should logically follow the previous one.

A well-structured pitch should contain:

A brief description of the project or a short story of the company;
A description of the problem that exists in the market;
How is your company/project going to solve the given problem;
Examples of successful cases;
A clear call to action: an invitation to dialogue, a proposal for cooperation, a request for contact information, etc.
You may also check other pitches and rate them using the given scheme. Most likely, you’ll want to make friends with those delivering exceptional speeches to exchange your ideas and experience.

Side-Events and After-Parties

Major conferences, forums, and summits often have lots of satellite events alongside. They can be very helpful if you want to communicate in a private and relaxed atmosphere. Such chamber side-events are often more effective than the main one, as the organizers select the applicants manually. Also, they invite extraordinary guests, which you may not have a chance to talk to anywhere else. To be frank, well-organized private side-events are usually places where the deals are being closed.

A Private Dinner

Check if the event you’re attending has private dinners in the program.  It’s a must that you visit one of those. These dinners host space where you’ll have a less stressed atmosphere and enough time to talk to people and likely to meet your investors or partners. Such exclusive dinners are quite expensive, but there’s a good chance you’ll create valuable connections with event organizers, opinion leaders, representatives of funds, angels, etc.

P.S. The Checklist

As promised, here’s a checklist for you to test the event you’re about to visit and check whether you are prepared enough for the occasion:

The speakers’ line-up includes famous and respected people in the industry.
You’ve studied every speaking opportunity of the event in advance and aren’t going to miss any of them.
You’ve prepared a well-structured and catchy pitch to represent your project/company.
You’ve checked the list of side-events and chosen the best one to attend.
If the event offers exclusive private dinners with influencers, you check them carefully and visit the most appropriate ones.

Now you’re ready for the type of big opportunities big events can open up to you. Get the job done and don’t forget to have a good time!

Images courtesy of Shutterstock.

The post How to Benefit from Visiting Large Blockchain Events: 5 Recommendations from Event Organizers appeared first on Bitcoinist.com.

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Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners

Travel much? Bitcoinist discovered that using bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria.


Attn: Travelers & Digital Nomads

It’s common knowledge that buying bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria.

bitcoinist_demonetization_venezuela

Both these countries have capital controls on their economies and black markets for hard currency, especially in USD and Euros.

For example, in Nigeria, if you withdraw money at the Bank ATM you get 320 Nigerian Naira per Dollar. But if you sell Dollars on the Black Market you get 500 Naira per Dollar. Getting the black market rate makes your traveling to those countries a lot cheaper.

Economist Big Mac Index for Bitcoiners

Here is how it affects the price of a Big Mac in Lagos, Nigeria:

bitc1

In other words, dummies pay $2.99 for a Big Mac in Lagos. bitcoin users pay $1.90 per Big Mac.

Therefore, you have three choices:

  1. Pay for everything with Naira from the bank ATM, which is paid out at the official FX rate. Pay $2.99 for a Big Mac.
  2. Take a large stack of cash Dollars with you to Lagos. Good luck with that! And what are you going to do when (not if) that cash gets stolen from you, most likely on the taxi journey from the Airport to your Hotel in the city?
  3. Buy bitcoin before you travel and sell bitcoin in small sums during your travels. Here’s how you can do that on the LocalBitcoins OTC platform, which is active in Nigeria. Pay $1.90 for a Big Mac.

King Prawns in Lagos

The benefits of using bitcoin when traveling to countries with distressed economies is not restricted to eating unhealthy food at McDonalds, however. (But great for a hangover.)

For example, Ocean Basket is a lovely seafood restaurant with branches all over Africa.

bitc2
Beautiful seafood. Look at the Menu at Ocean Basket, Lagos, Nigeria.

Order the whole menu, and Bitcoiners pay $112.46 USD; non-Bitcoiners pay $176.87 USD.

Many people might not wish to travel to Venezuela or Nigeria. (I would!) But bear in mind that the arguments laid out here apply to any economy with FX and capital controls. And as sure as night follows day, there will be more economies behaving that way in the future.

The canary in the coal mine is rapid depreciation of the local currency against the US Dollar. Black markets usually develop as the authorities impose artificial controls on the official FX rate to stem decline of public confidence in the national currency.

So here are the canaries (excl. UK) to look out for if you’re looking to get more Big Macs for your bits:

Would you use bitcoin to save money while traveling? Let us know in the comments below!


Images courtesy of Blocklink.io, Shutterstock, Mcdonalds.com

The post Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners appeared first on Bitcoinist.com.