As we announced at our most recent DEC_TECH event, Decentral will not be hosting a Fintech and Blockchain Expo this fall. I want to extend my apologies to anyone we are inconveniencing as a result of this, but we have good reasons for this change in tactics.
In response to opportunities, our business at Decentral is changing in exciting new ways. In recent months, our focus has been shifting to our consulting business and strategic partner development. In my last blog post, I wrote about the benefits of taking a Lean Startup approach to building a company. Prioritize innovation, create time-based benchmarks for the testing of products, and pivot to new approaches if these benchmarks, set according to clearly established criteria, aren’t met. I advocate this approach out of necessity. Our era of accelerated technological change demands it.
Decentral’s recent pivots include changing the Meetups we organize (over 100 events to date) from an emphasis on Bitcoin and related cryptocurrencies to the broader topic of decentralized technologies. We chose DEC_TECH as the new moniker for our Meetups to ensure that these events can accommodate the newest developments in the space. In a further pivot, as of March, Decentral has been organizing its DEC_TECH events in partnership with the MaRS Discovery District. Working with MaRS has many advantages. The partnership allows us to organize large events that are free for anyone to attend, and this helps grow our community. Use of their first rate facilities cuts down on the time we need to commit to organizing events, strengthens our bonds with many of the exciting tech companies that work out of the MaRS space, and creates synergies attractive to event sponsors.
Recent DEC_TECH events include gatherings at MaRS in March, which featured a keynote speech by Andreas Antonopoulos, and in July, featuring Ethereum inventor Vitalik Buterin, the CEOs of many exchanges in Canada and two top VCs working in the blockchain space. With each of these events we were able to attract an impressive range of sponsors — including Deloitte, DC BANK and Bitmaker Labs — and many hundreds of attendees. Decentral is planning more events at MaRS, as well as developing further strategic partnerships to help grow our business, and equally important, foster a strong sense of community in Toronto’s fast developing but still young tech scene.
Deciding not to do a Fintech and Blockchain Expo this year is another pivot for Decentral. We were all looking forward to another Expo this year. But changes in the business focus of the company – and, frankly, bigger event plans that are yet to be announced – are now taking center stage in our day-to-day operations.