Back to Farhaj MayanFarhaj Mayan14 - Network State Conference 2024 - Farhaj Mayan on Forma
Oct 11, 2025
Key Takeaways
- Forma creates pop-up economic zones to integrate local economies with the Solana blockchain, starting with strategic temporary collaborative spaces.
- The first economic zone was established in Argentina due to its strong potential for crypto adoption and favorable geographic and policy conditions.
- Within eight weeks, the project moved from idea to execution, leveraging public engagement and strong social media strategy to boost awareness.
- Over 250 residents participated in the Argentine zone, with a significant local engagement, emphasizing community-driven development.
- The program demonstrated the blockchain's practical applications by introducing financial systems like crypto OTC exchanges for local advantages.
- Economic impacts included half a million USD in investments and extensive local upskilling with over 500 developers and creators trained.
- The initiative facilitated over 80 policy dialogues to strengthen the local blockchain ecosystem.
- Programming alone was found to be less effective without personal interactions; hence B2B, B2G, and community engagements were emphasized.
- Future plans involve expanding these zones to regions like Asia, Europe, and North America to foster further global blockchain integration.
- Forma is actively pursuing partnerships with progressive governments and organizations to replicate the model's success in other potential markets.
- Solana USDT payments were implemented in over 2,000 Argentine stores, demonstrating practical everyday applications for blockchain technology.