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Coinfest Asia Returns For 2023 With A Web2.5 Theme
The immersive festival will be held in Bali on 24-25 August 2023 to the delight of crypto enthusiasts, developers, and creators.

Coinfest Asia, the immersive Web3 festival, will return on 24-25 August 2023 in Bali. The previous event hosted over 2,000 participants from 50+ countries, with attendees coming from institutional, retail, and regulatory backgrounds.
For this year’s event, Coinfest Asia will be held under a new theme known as Converge. As the name suggests, Converge will bring together Web2 and Web3 industries into the transitional Web2.5 implementation.
The internet has existed for over 50 years, with most experts agreeing that its development happened in two distinct cycles. Web1 was the basic internet that most users are familiar with, and existed primarily to share information. Web2, on the other hand, allowed users to create more interactive web pages. The next internet iteration, Web3, takes things to another level with blockchain, crypto, decentralized technologies, NFTs, AI, and the Metaverse.
To many people, however, Web3 is still quite an abstract concept. Coinfest Asia hopes to bridge the gap by focusing on the halfway house of Web 2.5.
“This year, Coinfest Asia will be back with insights and various interactive and interesting activities about the Web 2.5 industry, which is a period of industry transition from Web2 to Web3. This event is also our platform to contribute so that the industry on Web3 continues to grow, especially in Asia,” says Felita Setiawan, Director of ICN and organizer of Coinfest Asia.
Also Read: The Largest Data Breaches In The Middle East
Coinfest Asia will showcase Web2.5 case studies and real-life solutions, while companies can show off their products and network with one another. Outside corporate-based activities, the event will also see crypto enthusiasts, developers, creators, and fund managers coming together to explore the latest technologies.
Through Coinfest Asia, attendees will be invited to experience the shift from Web2 to Web3 themselves, and with tickets available today at special prices, there’s never been a better time to experience what the future holds for your favorite technologies!
News
Samsung Smart Glasses Teased For January, Software Reveal Imminent
According to Korean sources, the new wearable will launch alongside the Galaxy S25, with the accompanying software platform unveiled this December.

Samsung appears poised to introduce its highly anticipated smart glasses in January 2025, alongside the launch of the Galaxy S25. According to sources in Korea, the company will first reveal the accompanying software platform later this month.
As per a report from Yonhap News, Samsung’s unveiling strategy for the smart glasses echoes its approach with the Galaxy Ring earlier this year. The January showcase won’t constitute a full product launch but will likely feature teaser visuals at the Galaxy S25 event. A more detailed rollout could follow in subsequent months.
Just in: Samsung is set to unveil a prototype of its augmented reality (AR) glasses, currently in development, during the Galaxy S25 Unpacked event early next year, likely in the form of videos or images.
Additionally, prior to revealing the prototype, Samsung plans to introduce…
— Jukanlosreve (@Jukanlosreve) December 3, 2024
The Galaxy Ring, for example, debuted in January via a short presentation during Samsung’s Unpacked event. The full product unveiling came later at MWC in February, and the final release followed in July. Samsung seems to be adopting a similar phased approach with its smart glasses, which are expected to hit the market in the third quarter of 2025.
A Collaborative Software Effort
Samsung’s partnership with Google has played a key role in developing the smart glasses’ software. This collaboration was first announced in February 2023, with the device set to run on an Android-based platform. In July, the companies reiterated their plans to deliver an extended reality (XR) platform by the end of the year. The software specifics for the XR device are expected to be unveiled before the end of December.
Reports suggest that the smart glasses will resemble Ray-Ban Meta smart glasses in functionality. They won’t include a display but will weigh approximately 50 grams, emphasizing a lightweight, user-friendly design.
Feature Set And Compatibility
The glasses are rumored to integrate Google’s Gemini technology, alongside features like gesture recognition and potential payment capabilities. Samsung aims to create a seamless user experience by integrating the glasses with its broader Galaxy ecosystem, starting with the Galaxy S25, slated for release on January 22.