Polkadot has been announced as the title sponsor for Coinfest Asia 2024, the largest Web3 festival in Asia. The event is scheduled to take place in Indonesia and will feature over 6,000 participants and 250 speakers. This sponsorship underscores Polkadot's commitment to fostering innovation and collaboration within the Web3 ecosystem.

Coinfest Asia 2024 aims to bring together industry leaders, developers, and enthusiasts to discuss the latest trends and advancements in blockchain technology, including public chains, algorithmic stablecoins, NFTs, and GameFi. The festival is expected to serve as a significant platform for networking and knowledge sharing among key stakeholders in the crypto space.