Cameron and Tyler Winklevoss will be heading to Asia next month as part of one of the largest tech start-up conferences taking place in Seoul, South Korea on 14th May called beLAUNCH, according to CoinDesk.
The chiefs of Winklevoss Capital, both internet entrepreneurs and bitcoin investors, will be participating in a bitcoin panel called “The Tipping Point of Bitcoin” from 5:30-6:00pm on the first day of the much anticipated conference. Naval Ravikant, co-founder of Angel List will also be part of the panel. SV Angel’s David Lee will talk about bitcoin issues during the “Global Angels” panel on the next day.
The discussion panel will talk about how each member of the panel became involved in the bitcoin space project. It will further discuss if bitcoin is the “TCP/IP” of money and how to spot and take out negative influences (i.e. people) from the market.
Korea’s social network Cyworld has its own digital currency called dotori or acorns, which has become largely accepted and popular. Additionally, during the conference Korea’s position as a “massive adopter” will be talked about.
beLAUNCH is now accepting bitcoin as a payment method for the conference registration, courtesy of Korbit, a local Korean exchange. This is reflective of the rising acceptance of bitcoin in the Korean market and digital world.
John Nahm, Strong Ventures co-founder, expressed that he believes Korea has a strong foundation to introduce bitcoin and other digital currencies because of its tech-concentrated business and community at large.
“Because of South Korea’s early experiences with virtual currencies (based on its early pioneering history with MMORPG/free-to-play), we believe that Korea will become the early-adopter market that massively embraces bitcoin, perhaps becoming the tipping-point market of bitcoin,” he said.
With the mission statement “Helping startups to go global,” the beLAUNCH conference is a local event. The last time the conference was held, it had over 1,600 participants. beSUCCESS, a Korean startup and media initiative that introduces and presents the country’s tech entrepreneurs and their companies on a global level, are the organizers of the conference.