Crypto Embraces VR as Virtual Conferences Replace Physical Events

Remote bitcoin events have been boosted by the postponement or cancellation of real world crypto conferences due to the coronavirus outbreak. With many employees now working from home where possible, firms have begun switching to virtual meetings, prompting renewed interest in VR equipment and hinting at the decentralized future of crypto meetings and events.

Also read: Judge Gives Craig Wright New Deadline – Citing Forgery, Perjured Testimony in Court

No Office, No Problem: Business as Usual in Crypto

While companies grapple with the consequences of the ongoing pandemic, the crypto industry is in pretty good shape. For a start, several major platforms – including exchanges such as Kraken – have employed dispersed workforces since day one. Others, like Messari and Coinbase, have gone remote-first indefinitely and canceled all business travel.

Generally speaking, crypto is extremely mobile with a disproportionately high percentage of freelance and remote workers, from developers, designers and programmers to content managers, analysts and consultants. Indeed, many crypto projects don’t have a physical headquarters and for all intents and purposes exist in the digital realm.

Physical headquarters create a single point of failure. @CasaHODL is a remote-only company.

— Jameson Lopp (@lopp) March 10, 2020

So while centralized tech giants like Apple, Google, and Amazon may see productivity fall as offices fall dark, that shouldn’t be the case for the Messaris and Coinbases of the world. At least not to the same extent.

A Clutch of Canceled Crypto Events

Of course, meatspace events, conferences, hackathons and meetings are a staple of the cryptosphere, drawing thousands of delegates from all over the world. But with physical gatherings being strongly discouraged by governments, a pivot towards virtual conferences is

Read more from our friends at Bitcoin.com