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ETH Warsaw Sparks Poland’s Rise as the Premier EU Blockchain Hub

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Sead Fadilpašić

Journalist

Sead Fadilpašić

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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Last updated:

October 23, 2023

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The European Union seems to have gotten its blockchain king – Poland – judging by the overwhelmingly positive feedback from the attendees of ETH Warsaw.

The conference and hackathon was held in Poland’s capital between August 31 and September 3, “organized by a passionate group of local Ethereum enthusiasts.”

Per a blog post, ETHWarsaw is “a community-led, grassroots conference and hackathon organized by active members of the Web3 community working in blockchain-focused companies around the world.”

It claims to be the biggest event of this type in the CEE region (the EU member states that were part of the former Eastern bloc).

One of the participants, who led a panel at a side event, was the WOO Network. They described the experience as “an absolute blast” and “an epic event.”

Per WOO’s blog post,

“Coinciding with the inaugural Warsaw Blockchain Week, [ETH Warsaw] played a pivotal role in solidifying Poland’s position as a thriving blockchain hub within the EU.”

The conference had six tracks covering a number of topics, including decentralized finance (DeFi), governance, and Layers 2 (L2s), among other areas.

“Overall, the event had a stronger turnout than the previous year,” the post said.

The previous edition, says the website, saw more than a thousand participants and 130 hackers competing, winning $69,420 in bounties.

ETH Warsaw ‘Marked a Milestone’ in Cryptoverse

The second edition saw Valspin, which provides hedging contracts for ETH stakers, take the first prize.

“There is guaranteed to be appetite for these products. We intend to pursue the project further,” team members Robbie Kruszynski, Caron Schaller, and Lumi said.

HUGE Congratulations to Team Valspin – @Ro_bbieK @caronfiree @zkLumi – for their 1st place submission in our @ETHWarsaw #hackathon!📖

Valspin used our ETH & WSTETH #Oracles to power a decentralized protocol that lets #Ethereum validators buy insurance for their staking yield! 🧠 https://t.co/fS0A5aOQYW
— Chronicle Protocol 📖 (@ChronicleLabs) September 3, 2023

Another winner was Split3, described by its creators as “a new easy way for expense management and debt settlement, all powered by the magic of Web3 and cryptocurrencies.”

The team members, Mattia Pomelli and Simone Staffa, aim to make the project mobile-friendly.

The hackathon started and we had no idea on what to build…

After hours brainstorming we came up with an idea: a crypto-friendly group expenses management app 💸

We both travel a lot with frens so it's something we would use ourselves

Check it out: https://t.co/evYJKrJciW
— Mattia (@mattiapomelli) September 4, 2023

According to WOO,

“ETH Warsaw was a hit! brought together crypto buffs – builders, founders, and educators […] It marked a milestone in the crypto realm, setting the stage for more exciting strides ahead.”

Meanwhile, the panel titled “Onboarding new users from Trading & DevRel perspectives” focused on blockchain marketing strategies, WOO said.

It highlighted a shift in hiring criteria: there is a greater focus on Web3-knowledgable individuals, rather than those with traditional backgrounds.

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