The Quick Take
From talking to various people and projects from the West, many projects that have launched are now looking for adoption by putting serious efforts and resources into Asia go-to-market development. Also, despite what Arjun Balaji says from The Block, we don't think the market in Asia has really recovered at all.
Western projects are now putting resources into competing for adoption in Asia
This is exciting for us as this is a topic that we've been stressing for the last year- when identifying potential use cases and adoption, crypto companies that want to pursue long term value HAVE to pay attention to the Asia region, given the numerous crypto-friendly jurisdictions and diverse testing grounds.
Large projects are growing their Asia presence and we are seeing it play out in various ways. I don't think it is an accident that the new CMO of Cosmos happens to have extensive experience in Southeast Asia, nor that numerous project founders are spending a significant amoun...
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