One of the challenges faced by even the most well-staffed teams in the crypto industry is the impact of conferences on their productivity. Compared to traditional corporate setups, crypto teams are lean and focused on driving adoption. However, when large portions of these teams are pulled away to attend conferences with expensive tickets, flights, hotels, and daily stipends, the industry as a whole may suffer. Additionally, the lost hours spent traveling to and from these events, multiplied by the team members’ pay, further detracts from their ability to make progress in their work.
It seems that the only area where the crypto industry has truly found product-market fit is in hosting these events. While conferences can be valuable for networking and knowledge sharing, the resources and time invested in attending them may not always result in tangible benefits for the industry’s growth and adoption.
As the industry continues to evolve, it is important for teams to carefully consider the trade-offs involved in attending conferences and ensure that their focus remains on driving real-world adoption of blockchain technology and cryptocurrencies.
