Why Arbitrum is Eyeing the Asian Market
The Arbitrum Foundation is looking to expand its project’s presence in Asia via an initiative dubbed Road to Devcon. The organization says Asia has a massive potential for growth, as evidenced by factors like rising retail crypto adoption and a growing developer community.
As part of the initiative, the Arbitrum Foundation will organize “ArbiLink” events in Indonesia and Vietnam to connect with local Web3 developers, who have grown 34% in the past 12 months, according to data from developers platform GitHub.
Furthermore, there will be a “Step Into Arbitrum” campaign aimed at helping developers understand the Arbitrum SDK. After the campaign, the Arbitrum Foundation says it will invite Asian developers to use the acquired Arbitrum SDK knowledge to build decentralized applications on the network.
Arbitrum’s Previous Events in Asia
The Road to Devcon initiative comes a few months after several Arbitrum-organized events across Asia. They include the Arbitrum Night in Tokyo, where developers showcased over ten NFT projects and games they were creating on the layer-2 network.
The Arbitrum Foundation also organized a roundtable at Korea Blockchain Week, hosting prominent Korean businesspeople who plan to explore the Web3 space. Moreover, it hosted its “ArbiVerse” event in Singapore’s Art Science Museum, showcasing projects of its 11 partners, including Apechain, Ubisoft, and Azuki.
Notably, Ethereum co-founder Vitalik Buterin was in attendance. While delivering his speech, he praised layer-2 networks, including Arbitrum, for contributing to Ethereum’s vision. Buterin said he was impressed by the Arbitrum Stylus upgrade, which introduced custom features.
What is Arbitrum Stylus?
Launched earlier this year, Arbitrum Stylus offers a conducive programming environment to developers, allowing them to build customized projects that meet the specific needs of their target audiences. The Arbitrum Foundation plans to create awareness about this upgrade in Asia through its Road to Devcon initiative. It looks to partner with local companies in the region to establish technical workshops intended to educate developers about Stylus and other Arbitrum technologies like Nova, which was introduced to support the creation of gaming apps.
