Major Cryptocurrency Conferences Postponed on Coronavirus Outbreak

Major Cryptocurrency Conferences Postponed on Coronavirus Outbreak

The coronavirus has been spreading rapidly worldwide. Thus, it impacted two major crypto conferences in the U.S. so far.

Bitcoin 2020’, initially scheduled to take place in San Francisco on 27-28 March, was postponed to the third quarter of 2020. In addition, the Chamber of Digital Commerce has delayed the “DC Blockchain Summit 2020” conference that was scheduled next week. However, the scheduled dates have not yet confirmed.

Bitcoin 2020 has informed participants that their tickets will be valid for the rescheduled event. In addition, it asked the participants to wait until revealing the revised information before asking for a refund.

The aim of Bitcoin 2020 is to gather top crypto speakers and supporters in one place, especially as the Bitcoin halving is approaching fast.

They wanted to discuss the milestones of Blockchain technology, determine whether the current path of the technology would allow it to reach its full potential.

Several conferences delayed in Asia

A number of crypto conferences across Asia have also been postponed due to the spread of the epidemic, such as TOKEN2049; a major crypto-event held every year in Hong Kong..

TOKEN2049 was rescheduled from mid-March to 7-8 October 2020.

Despite efforts to control the deadly virus through closure of border crossings with mainland China, Hong Kong was experiencing even greater uncertainty because of local anti-government protests.

With the outbreak of coronavirus, several countries took tough measures to control the epidemic. Accordingly, the crypto community decided to launch the coronavirus-backed coin CoronaCoin (NCOV), given the virus’ devastating impact on people’s health.

Thus, the new ERC-20-based coin aims to spread awareness about the virus in the crypto community across the globe.

Interestingly enough, the total supply is based on the world’s population. This means that there’s one NCOV for each person.

Furthermore, CoronaCoin will be burnt once every two days, but this depends on the number of the affected people.

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.