Community Chats at Cocktail Talk About Cryptocurrency Crash and More

With the inflation rate being the highest it’s been in 40 years, discussions around the stock market, investing, NFTs (non-fungible tokens), interest rates, and more are all abuzz. Forever focused on tech and the ways of the future, we were excited to join Chainlink Labs in hosting a Cocktail Talk at The Clubhouse to dive deeper into the cryptocurrency world.

As a great way to catch up with others over complimentary adult beverages, our Cocktail Talk: Blockchain for Beginners invited community members and the general public to get into the spirit and learn about the evolution of the internet, Web3, crypto, Smart Contract, and more.

Armed with pizza and a presentation, Alex Turley and Jamie Weintraub of Chainlink educated a wide range of over 75 attendees on the impact that blockchain technology – a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network – has had on the internet.

Essentially, blockchain technology is the foundation of cryptocurrencies and Web3. And when it comes to the World Wide Web, centralization has helped onboard billions of people and created the stable, robust infrastructure on which it lives. Since 2018, we have been functioning on the Web3 stage of the internet. However, a shift is happening – we are moving toward decentralization, which puts power in the hands of individuals rather than corporations, and can be seen through programs like Bitcoin, Smart Contracts, virtual wallets, and oracles. But not to be completely eradicated, we still continue to use functions of the previous stages of the internet, like search engines, encryptions, video and music streaming, and cloud storage from Web2 and private chats and web browsers from Web1.

As the educational programming ended and a Q&A followed, many topics surrounding this fascinating realm were broached. At Tech Square ATL (TSQATL) Social Club, we asked specifically participants: What will it take to end the cryptocurrency crash?

And the responses varied as much as the audience did, which included an array of ages and professions from no base knowledge to fully vetted and everything in between. As attendees continued to mix and mingle throughout the night, we were ecstatic to witness the bright minds of our community members strengthen their knowledge of blockchain – and their relationships with others.