The Everpoint 2025 crypto conference brought together leading minds in blockchain technology to reflect on the achievements and future trajectory of Everscale, and to discuss the “bigger picture” and major trends that shape the crypto industry. Through a series of panel discussions, participants talked about key milestones for Everscale in the past year, the future of this blockchain ecosystem, and the impact of new technologies such as Tycho protocol. Discussions covered the changes in the global financial system that drive the adoption of blockchain and crypto by governments and individuals. In addition, discussions at Everpoint revolved around blockchain ecosystems such as Everscale, their strengths and challenges. Read the summary of Everpoint 2025 in our recap.
Everscale and Tycho: Expanding the TVM Ecosystem
The conference opened with the foreword by the founder of Broxus, Sergey Shashev. Reflecting on Everscale’s fifth anniversary, he traced Everpoint’s geographical journey through previous events in Moscow, Bali, the UAE, Serbia, and currently in Tashkent, Uzbekistan. Uzbekistan was strategically chosen due to its innovative potential, underlined by the presence of representatives from the National agency of prospective projects (NAPP), national payment system HUMO, and crypto trading platform Asterium.
Shashev clarified Broxus’s new role as a broader technology provider for multiple blockchain networks working on the TON Virtual Machine (TVM), rather than exclusively limited to Everscale itself. For this purpose, Broxus launched a new initiative called TON Factory. Future business leadership within the Everscale network has been emerging with more companies willing to contribute to the ecosystem after the governance reform of 2024.
The event then shifted to the presentation about Tycho by Aleksandr Alekseev. He told the participants that Tycho is a specialized protocol that became the latest technological breakthrough for TVM blockchains. Currently operational, Tycho has already demonstrated significant improvements in the testnet in comparison to Everscale’s current architecture due to its novel DAG-based consensus mechanism, resulting in higher throughput and fast finality for block production, even under heavy network load.
Alekseev highlighted three main areas of the current development work in Tycho: improved tools for builders (including the support for many existing developer tools in Everscale and TON), enhanced monitoring of validation metrics for honing the slashing mechanism, and sharding implementations.
Talking about further technical advancements, speakers spotlighted the need for facilitating seamless and secure interoperability between TVM-based blockchains through so-called Trustless Bridge, enabling fast and safe transactions between different networks.
Developments in the Everscale Governance
The next subject on the agenda was discussion about the state of the Everscale ecosystem, specifically covering major changes in the Everscale governance, made in the past year. Participants emphasized the crucial role of new governance in ensuring network stability and decision-making.
The introduction of the Governance Board brought new improvements and incentives to the ecosystem. In particular, projects in Everscale now go through a commitment process, where a project initiator stakes 10% of the requested reward from his own pocket upfront, to guarantee his willingness in achieving stated goals.
The Board has also managed to effectively consolidate network treasury. All this reinforced accountability, improved the financial state of Everscale, and safeguarded the ecosystem against potential abuse. The speakers agreed that the decentralized governance in Everscale now effectively balances economic incentives with responsible network management.
New Business Partners to Build on Everscale
Another highlight were the business perspectives of Everscale. As community leaders underlined, one of the objectives has been to strengthen business collaborations. Thanks to the new governance system and other positive changes in Everscale, a group of investors and entrepreneurs from South Korea has become interested in building within the ecosystem, and is now preparing a detailed proposal for the Everscale governance.
Some key points of their proposal were outlined: the launch of stablecoin-based projects and decentralized apps running on Everscale for expansion into Southeast Asia, particularly Indonesia and Vietnam. Speakers mentioned one more positive outcome of the business development: the structure of major investors in Everscale became more diversified, and now includes companies and individuals from China, South Korea, and CIS countries.
Community-building through educational and incentivization programs, in particular Everscale Quests, was identified as crucial for ecosystem vitality, helping attract active users, developers, and investors simultaneously, thus addressing typical blockchain adoption challenges.
The first part of Everpoint concluded with visions for Everscale for the next year: the blockchain ecosystem should get even more robust governance, expanded international business presence, successful migration to a new technical infrastructure using Tycho, and a vibrant, decentralized community of users and developers.
CBDC and Stablecoins: Solving Global Challenges of the Global Financial System
The second panel discussion at the Everpoint conference addressed the major shifts and challenges in the global financial system, which includes the emerging trend of implementing blockchain and crypto-based solutions. In particular, speakers highlighted the decreasing reliance on the US dollar and the rising adoption of Central Bank Digital Currencies (CBDCs) and stablecoins nominated in local currencies.
According to panel participants, the dominance of the US dollar in global finance brings certain issues such as global dependency, trade deficits, inflation risks, and the vulnerabilities countries face due to reliance on the dollar, which was particularly highlighted by recent geopolitical events. Panelists stated that the world economy has effectively entered the deglobalization phase.
There are various strategies that countries are increasingly adopting to mitigate dollar dependency, noting recent moves like Saudi Arabia’s agreement with China to conduct oil trades in gold-backed yuan. This illustrates a broader trend of moving towards alternative financial arrangements. This is one of the reasons for the rising popularity and utility of stablecoins and local CBDCs, as the volume of transactions is growing, surpassing traditional financial channels in some regions of the globe.
The conversation then moved to a debate on CBDCs, underlining their advantages such as increased transparency, targeted monetary and fiscal policy implementation, and enhanced state oversight. Countries like China are leading in CBDC adoption, exemplifying practical benefits and setting trends for global financial systems. However, aside from benefits, there are concerns about centralized control, privacy issues, and potential impacts of CBDCs on traditional banking systems. Thus, there is a need for cautious and well-regulated implementation of blockchain-based digital currencies.
How Broxus Enables the Future Financial System with HUMO
Panelists stressed out the importance of sovereign financial infrastructure, emphasizing regional financial independence and localized payment systems. In particular, in Uzbekistan, the use of blockchain technology in payments is spearheaded by HUMO, which has been actively developing independent infrastructure to facilitate domestic and cross-border transactions in partnership with Broxus, which offered TVM-based technical solutions and expertise received while developing Everscale.
Equipped with new technologies, HUMO enhances financial sovereignty, improving transactional efficiency, and contributing to Uzbekistan’s broader efforts to reduce dependency on external financial systems amidst ongoing global trends. The discussion also highlighted the technological evolution in payment systems, particularly QR code-based payments gaining prominence in Asia, as potential replacements for traditional card-based systems. It is yet another sign of a significant shift towards digital and decentralized payment systems in the near future.
The session concluded with insights into the practical considerations and challenges faced by regulators and businesses in adopting stablecoins and CBDCs. Participants noted that widespread acceptance would depend on clear regulatory frameworks, robust financial literacy, security measures, and resolving privacy concerns. They agreed that, while the transition towards digital currencies is inevitable, careful, incremental adoption coupled with education and transparency will be critical for successful implementation and public acceptance of CBDCs and stablecoins.
Blockchain Ecosystems: How to Survive and Evolve in 2025 and Beyond?
The third panel discussion at the Everpoint 2025 was dedicated to exploring blockchain ecosystems, focusing on their structure, success factors, challenges, and integration into broader financial and regulatory frameworks. Panelists began by defining a blockchain ecosystem, highlighting it as an open, comprehensive interface connecting technology, services, communities, and users. They emphasized the importance of tangible value to real-world users as a critical factor determining an ecosystem’s success.
The talk underscored the diverse participants involved in blockchain ecosystems, from hardware node operators and protocol developers to application creators, community members, and influential media outlets such as Cointelegraph. Panelists debated the boundaries of ecosystems, noting the significance of community positioning, technological integration capabilities, and unique regional characteristics. Some blockchains tend to integrate with existing popular apps, with at least one example being TON and Telegram.
Real-world examples, notably Bitcoin and Ethereum, were discussed extensively. Bitcoin was praised for its defensive development approach, emphasizing security and BTC’s clear positioning as digital gold. Ethereum was highlighted for its first-mover advantage, vibrant developer community, extensive liquidity, and leadership, particularly Vitalik Buterin’s influential role in promoting decentralization and transparency.
Panelists talked about the current challenges of blockchain ecosystems, including scalability issues, legacy complexity, and trade-offs between decentralization and system performance. Ethereum’s historical development choices were cited as critical in maintaining ongoing success despite its complexities.
A significant portion of the discussion revolved around interactions between blockchain ecosystems and governmental entities. Panelists recognized the contrasting operational dynamics between decentralized blockchain networks and state-regulated systems, emphasizing the regulatory hurdles and integration complexities. They noted the rising governmental interest in blockchain solutions for increased financial transparency and control but cautioned against excessive centralization or restrictive regulatory frameworks.
Speakers also deliberated practical considerations, including security risks, potential for misuse, and human factors such as greed and fraud. Major security breaches such as the hack of the Bybit crypto exchange and the collapse of prominent blockchain projects like Terra (LUNA) and its UST token, illustrated vulnerabilities of applications working with blockchain technology. Despite these issues, panelists argued that with robust security measures, including formal verification of smart contracts, blockchain remains a secure and valuable technology.
In the end, panelists emphasized opportunities for further blockchain adoption through integration with existing financial infrastructure, highlighting tokenization as a significant growth area capable of unlocking trillions in asset value for the entire crypto industry and ecosystems working with it. Balancing between decentralization, user acceptance, regulatory clarity, and practical value will be essential for sustainable growth of any blockchain ecosystem in the years to come.
Closing Thoughts
The Everpoint 2025 crypto conference once again became a platform for the Everscale community to reflect on the past year, draw key conclusions, outline plans for technological progress and strategic challenges ahead. During panel discussions, community leaders and experts reinforced the importance of robust technical development, effective governance, and adaptable financial infrastructures. A global economic landscape is changing rapidly, so does Everscale’ ability to deliver practical solutions and maintain a vibrant community, qualities that will be central to sustaining further ecosystem growth.