The people of the Turkish crypto ecosystem are very eager to apply the age-old words of wisdom, “The bear market is an opportunity to build,” to make İstanbul -the business hub of Turkey- home to the global hype surrounding Ethereum.
For this reason, interest in crypto assets is increasing daily.”
The thriving local crypto ecosystem has a newfound ambition that unites the Bitcoin maximalists with “Shibarmy” troops —bringing the DevCon 7, the largest conference for the Ethereum ecosystem, to Istanbul.
Supported by key local figures, the movement reached large masses in a short time.
Despite the fast-growing crypto adoption, Turkey lacks behind in terms of startups and developers, according to Turan Sert, author of two Turkish books about blockchain and decentralized finance (DeFi), respectively: “We started late, but we are growing fast.
Sert explains that the success of crypto and blockchain-focused student clubs in foreign events had great repercussions and contributed to the increase in the number of developers in Turkey.

Source - Coin Telegraph

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