Once again, the Solana community came together for an awesome 3-day conference in Lisbon, Portugal to discuss the latest trends and insights in the crypto world. More than 200 speakers and more than 3,500 attendees, including industry leaders, builders and innovators from around the world, shared their experience in multiple locations across Lisbon while enjoying the best of the city.
Breakpoint is the official Solana (SOL/USD) conference, organized by the Solana Foundation. This time, it was decided to distribute the locations throughout the city of Lisbon and bypass them via a fleet of private shuttles. Each location has focused on different directions of the crypto world so that each participant can choose what suits them best: The Laboratory, The Acropolis, The Forum or The Square.
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The laboratory was located in Páteo da Galé and became the ideal place for Web3 developers, as it presented itself as a home of technical workshops and tutorials on the Solana network.
From the morning he dove deep into the Solana data structure, provided coding tutorials, held a workshop on how to build an xNFT with the help of coral representatives and covered many other things, including the use of Token22 – a new standard that is coming to the Solana network. It was also fun to hear the latest Solana News about bringing the Helium network (HNT/USD) at Solanaand SPL governance.
In The Laboratory, probably the most exciting topic was covered by speakers from Metaplex and Solana Labs and was tackled in compressed form. NFTa new technology that makes it possible to mint a huge amount of NFTs on Solana cheaply (imagine minting a million of these tokens for just 5 SOL!) and can probably change the whole video game and the NFT landscape in the near future.
The middle part of the day was devoted to the acropolis which was located in the Carlos Lopes pavilion. In general, this was the place to hear great thoughts on the future of blockchain, as well as some of the biggest blockchain news announcements from companies that decide to rely on Solana: from organizations that bring new frameworks to the network to updates on things like the Metaplex protocol.
Among other things, Breakpoint speakers addressed the topics of the future of monetization for NFT projects, Bandaged adopting Solana-friendly payments due to their fast transaction speeds and some of the tough problems engineers are solving on the network today.
Beyond that, updates to Solana Mobile have been announced: in January 2023, Solana is launching its own dApp Store at no cost. The conversation focused on Google’s efforts to make it easier to develop and deliver dApps, as well as changing the mindset of users who can’t yet accept Web3.
To go further, a demo of the Fire Dancer project carried by Jump Crypto was shown. This project is the implementation of the Solana validator client built by a completely independent team – Solana is the first network after Ethereum (ETH/USD) to have this capability. It hasn’t launched yet unfortunately, these were just demos of code improvements that bring massive performance increases in test environments that people will soon see coming to the network.
Among the solutions designed to integrate with traditional fiat methods that people still use today is a project called SmartRamps from wyre come out. It has the ability to not only switch to a smart contract, but also provide a metadata layer where it is able to interact with a smart contract and execute its code exactly as it should.
Usually when you are on Uniswap or other dApp you need a leader cryptocurrency wallet to be able to interact with a smart contract, but Wyre offers the ability to take your fiat payment method and actually execute that smart contract transaction for you. Imagine staking and buying assets, or buying an OpenSea NFT directly with your debit card!
If any of you are familiar with the Solana Hacker Houses, this place needs no introduction. When organizing Breakpoint, it was decided to use their 24th Hacker House as The place venue, located at the Teatro Capitolio.
During the conference, this place became a community showcase and a space to hang out, have open conversations, as well as potentially get some work done. Plus, it provided open mic opportunities for everyone.
The final location was not intended to have large announcements, but The forumwhich was located at Convento Do Beato and open in the evenings, covered things many people think about these days, while also allowing time to focus on the fundamentals that will set crypto enthusiasts to success over the next few years.
Among the many discussions on stage, the theme of wallets entering the era of “browser wars” was highlighted by the Phantom, Solflare, Ultimate and Glow speakers. Much has been said about green concerns, including ReFi and how Degens can save the Earth – this topic was moderated by Gain Forest, Regen Network Development PBC and Toucan. In addition, Web3’s role in protecting human rights has become another prominent issue within The Forum section.
Another fascinating topic here was Crypto for Wordcels covered by Wordcel Club and Dispatch Protocol, which looks forward to implementing Web3 technologies for the communications we have on social media in a Web2 world. There was also a discussion about the types of products and services that are not only designed for developers, but also for a wider audience.
If we put all this together, the main direction and challenge facing a crypto community these days and widely discussed at Breakpoint was onboarding and mass adoption in the absence of a qualitative user experience. That’s why a lot has been said about the importance of offline events, collaborations with major Web2 companies, creating high-quality UX for users in the Web2 world, and integrating teens and students in the world of crypto and blockchain.
Alex Andryunin, CEO of Gotbitshared his thoughts on the current state of crypto projects and the trends he sees in the market:
As a market maker, we see a huge number of institutional investors in the market looking for projects that have been launched in the past few years and have completed development. Additionally, we trade Solana’s DeFi and see the critical value of DeFi infrastructure in general in terms of capital management – Radium, for example.
After 3 days of active networking, a closing celebration was held where attendees were able to enjoy live performances by Ben Böhmer and other artists at the Pavilhão De Agronomia.
Breakpoint 2022 left a lot of impressions with its participants and observers. Alina Chepurchenko, a leading crypto analyst, highlighted the importance of ever-growing offline events like Breakpoint that bring together a growing number of crypto professionals:
Although the collapse of FTX has exacerbated the current bearish cycle, it should not distract us from the crypto’s adoption which is growing exponentially. There has been a huge influx of investment into the industry and the transition from web2 to web3 is already underway. Crypto enthusiasts coming together at events like Breakpoint show just how mass adoption is taking off. This wheel will continue to move forward despite the headwinds and we will see more bull runs – there is no doubt about that.
Breakpoint 2022 has become a great experience for everyone involved, including speakers, attendees and organizers. Many hot issues and topics were discussed at the conference that cannot be fully covered here, but the main line is striking and very promising, as it aims to chart the course that will lead Web2 users and developers into an exciting new Web3 world. .
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