Philippines’ Crossfire Stage is Set for Blockchain Startups to Shoot Their Crypto Shots

Crossfire, a matchmaking and ‘get-to-know-you ‘event organized by Blockchats, is scheduled to kick off in the cities of Manila, Landon, Madrid, Frankfurt, Jakarta, Kuala Lumpur, Bangkok, and Singapore. The first leg of the event was held on Saturday in the city of Manila, Philippines, where blockchain startups came together and pitch their projects to the community and investors.

Speaking about Crossfire, the founder of Blockchats and organizer of the event, Lina Seiche, said in an interview that the main focus of the event is to have startups in the blockchain space pitch about their projects for 15 minutes, looking to get investors who share their idea. She further noted that:

“Crossfire features ‘judges' who ask questions on behalf of the audience, provide comments about the concept to allow both the audience and the startup better articulate what they want to offer and the issues they want to be cleared.”

Manila’s Event Brought Together about 10 Blockchain Startups

The Manila Crossfire saw about 10 blockchain startups grace the event, with each having an opportunity to present their concept and ideas to audience and a panel of judges. The pitching was honest, straightforward and genuine.

According to Seiche, most startups have a brilliant idea behind their projects, but unfortunately, they lack proper communication tools to articulate them. This is the same case for blockchain investors and enthusiasts – they lack forums where they can learn about projects in the cryptocurrency and blockchain space.

Crucial Event for Establishing and Building Connections

As per the organizers, such events, although not big, are important when it comes to establishing and building a network and connections within the blockchain community. They help build trust and attract supporters who will eventually become members of the project’s community.

According to Seiche, investors and audience, Crossfire also provide a perfect stage to find project that accept criticism, answer questions, and work to correct their flaws, while listening to the view s of others as to how they see their projects.

The event organizer further noted that:

“The blockchain technology is often reduced to Bitcoin. But Bitcoin is reduced to scams sometimes. Depending on the country you move in, the Philippines has a vibrant blockchain community, with the government taking an open-minded attitude and the public seems ready to accept the concept. But in other countries, when you issue an ICO (initial coin offering), you are immediately tagged as a scammer. Just because of the bad reputation.”

Thanks to Komfie of Cryptovest.com for the interview, image and growing global crypto awareness.