Between the 7th and 11th of November, the city of Lisbon, in Portugal, was the stage for several debates involving innovation, DeFi and new solutions in the Solana ecosystem. Breakpoint, the first international conference organized by Solana, had the sponsorship and participation of Transfero and was held in three different points of the Portuguese capital, bringing to the public more than 100 panels and technical workshops.
“Our objective was to introduce BRZ in solutions and show the international public that the stablecoin paired with the Brazilian Real is the perfect tool for international players to access the national market and, at the same time, a way for Brazilians to have freedom and autonomy to access international platforms in a simple and decentralized way”, said the founder and CMO of Transfero, Guilherme Murtinho.
The event had great prominence in the international crypto community, with around two thousand participants.
2021: historic year for Solana
Breakpoint brought the community together and marked a historic year for Solana. The market value of the SOL token (US$ 75 billion) is a fundamental milestone, which placed the protocol among the highlights of the market, occupying the 4th position among the largest cryptoactives in the ranking of CoinMarketCap, surpassing the ADA (Cardano). Behind the network’s success are smart contracts and new decentralized solutions, including NFTs.
However, in an interview with Decrypt, Solana co-founder Anatoly Yakovenko said it is “very difficult to predict anything beyond two weeks”, commenting on the prospects for the network. Thus, despite speculation, throughout the conference no bombastic announcements were made about Solana’s future.
One of the highlights of the event was the announcement of a $100 million fund, led by one of the co-founders of Reddit and Solana Ventures.
NFTs are great opportunities for DeFi
Yakovenko also highlighted the potential of NFTs. “There is a very deep and social element to crypto and the NFTs make it possible,” positioning this modality of token as a great opportunity for DeFi.
Sergey Nazarov, from Chainlink, was also optimistic and highlighted, during the event, that DeFi should continue to attract institutional interest and grow throughout 2022.
Another highlight of the conference was crypto-based games, reinforcing the potential of NFTs. In addition to Axie Infinity, one of the featured games was Faraway, which raised nearly $30 million in the Solana ecosystem.