Forget the price! Polkadot Decoded 2023 Says Bear Markets Are Buildable

The mantra for this year's Polkadot Decoded 2023 conference is to focus on creating better products instead of worrying about token price .

Notice Join us on social networks

The Polkadot Decoded 2023 conference has just ended and this year there were over 100 speakers and 100 blockchain projects.

The beauty of crypto bear markets is that they catalyze a realignment of outlook and purpose. All the hidden leverage is gone and most of the speculation is gone. SBF has disappeared. Do Kwon left. Three Arrows Capital, Su Zhu, Kyle Davies and a handful of other peddlers and snake oil sellers were exiled.

And good riddance, everyone. Crypto doesn't need hopium, messiahs, populists and dream peddlers. What we need are builders, fresh ideas, product- and market-specific solutions, and some kind of realistic real-world application.

That's what I love about blockchain conferences. Especially during a bear market.

The construction mentality is the whole vibe of Polkadot Decoded. Over the past two days, a tight-knit community of ecosystem brothers and sisters made up of developers, investors, ambassadors and a few curious journalists like me have gathered at the Øksnehallen conference center which is nestled in the busy cobbled streets in central Copenhagen, Denmark.

Polkadot Decoded 2023 at Øksnehallen Conference Center. Source: Cointelegraph

The location is almost poetic considering it's a surprisingly quiet place that's discreetly tucked away in a booming city center, and that ethos continued through the events of the conference where the focus was on summer:

Create better interoperability between projects in the Polkadot ecosystem; Make the blockchain more builder-friendly; And Refine the cross-chain bridges that connect Polkadot to Ethereum, Cosmos, and other blockchains.

Almost no one talks about airdrops, symbolic prices...