Crypto News Roundup: February 17 – 23, 2025
As the cryptocurrency landscape continues to evolve, the Philippines remains a notable player within the global blockchain ecosystem. This week, we highlight several important developments and events from the Philippine crypto scene, showcasing the country’s burgeoning blockchain community and innovations.
2025 Philippine Blockchain Ecosystem Map
The Blockchain Council of the Philippines has launched the 2025 Philippine Blockchain Ecosystem Map, which serves as a comprehensive resource detailing key industry players, startups, and blockchain-driven companies. Supported by Gorriceta Africa Cauton & Saavedra and the Gobi-Core Philippine Fund, this initiative is designed to connect businesses with potential investors and stakeholders.
Companies engaged in blockchain or cryptocurrency-related services are encouraged to apply for inclusion by submitting their information, including their name, industry, website, social media links, and logo. The deadline for submissions is February 28, 2025. Interested firms can join the initiative through the provided link on the council’s website.
Filipinos Shine at Consensus HK 2025
Filipino leaders in the web3 sector made a significant mark at the Consensus Hong Kong 2025 event. Notable representatives from organizations such as SparkPoint, YGG, Coins.ph, Sovrun, and The BLOKC participated in discussions centered around artificial intelligence (AI), decentralized finance (DeFi), and digital payments.
The event underscored the Philippines’ growing influence in the blockchain industry, with four Filipino speakers among the total of 356, demonstrating an increased recognition of Philippine talent on an international stage. The discussions also provided valuable insights into regulatory trends and emerging investment opportunities in the blockchain sector.
Leadership Transition at MetaverseGo
In a recent announcement, Ash Mandhyan will step down as CEO of MetaverseGo, having significantly contributed to the development of the web3 mobile platform since its launching in 2022. Mandhyan will be returning to TikTok in a new role focused on AI, data, and advertising solutions.
MetaverseGo aimed to simplify access to web3 technologies through mobile platforms and successfully raised $4.2 million in seed funding while forming partnerships with telecom companies like Globe. The future of MetaverseGo will depend on how it navigates the competitive landscape, potentially involving shifts in strategy and new investment opportunities.
The BLOCK and Base Power of Code Bootcamp
On February 22-23, 2024, The BLOKC, in collaboration with BASE, held the "UnBLOKC the Power of Code Bootcamp." Hosted by PSITE DFCAMCLP, this free and interactive bootcamp was tailored for developers and tech enthusiasts looking to expand their skill sets in building Bitcoin-secured decentralized applications (dApps) on Core.
SparkPoint x Arbitrum Trailblazer AI Grant Program
SparkPoint was recently selected as a recipient of the Arbitrum’s Trailblazer AI Grant Program. This program recognizes pioneering projects in the web3 space that are advancing AI innovation. SparkPoint plans to utilize the grant to further enhance its AI-driven solutions, optimizing its platform to deliver greater value to developers, businesses, and the wider community.
MFW Caravan Announced
YGG Pilipinas has teased an upcoming nationwide event named the "MFW Caravan." This initiative aims to provide Filipinos with engaging and innovative ways to learn, play, work, and grow. Last year, YGG successfully hosted the YGG Roadtrip, which covered six cities across the Philippines, enhancing community engagement within the gaming ecosystem.
GAP Season 9 Launch
The Guild Advancement Program (GAP) Season 9 officially launched on February 19, introducing 12 new and returning games, including titles like Vibes, MetaCene, and Ember Sword. The GAP program incentivizes participation in the community by offering YGG tokens and non-transferable NFTs to members. This initiative not only fosters participation and content creation but also tracks contributions on-chain to help members build a reputation within the YGG ecosystem.
Devcon Recap in Baguio
The Devcon7 SEA Recap, organized by ETH63 and Ethereum Philippines, took place in Baguio City on February 15 and 17, 2025. The event brought together developers, blockchain enthusiasts, and Ethereum builders to reflect on key insights from Devcon7 held in Bangkok late last year. Attendees engaged in discussions regarding Ethereum’s development roadmap for 2025 and participated in hands-on workshops focused on Web3 innovations.
Stay Connected
To stay updated on the latest developments in the Philippine crypto space, follow our Twitter, check us out on Facebook, or join our Telegram group for real-time discussions. We encourage readers to share their thoughts or questions regarding the ever-evolving world of cryptocurrency and blockchain technology.
This article was published on BitPinas and provides a comprehensive overview of the notable events and trends within the Philippine cryptocurrency scene between February 17 and 23, 2025. What else is on the horizon for Crypto Philippines and beyond? Stay tuned for more updates!
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