8,500 Attendence - Consensus Highlights
May 17 2018 - 12:46PM
ADVFN Crypto NewsWire
8,500
Attendence - Consensus Highlights
The founder
and CEO of CoinDesk’s parent company Digital Currency Group Barry
Silbert tweeted that about 8500 people were
present at the conference. CoinDesk sold each ticket for $2000 and
“last minute” admission was fixed at $3000. This means over $17
million in revenue from ticket sales.Money was certainly around -
someone snapped a picture of a trail of
Lamborghinis outside the conference
entrance.
Gemini to support more
cryptos
The
Winklevoss twins announced that Gemini would support Zcash, Bitcoin
Cash, and Litecoin. This makes them the first first licensed crypto
exchange in the world to trade Zcash.
New
York City Economic Development Corporation bullish on
blockchain
“We’re
a global leader in finance, real estate, media, and tech – all
industries seeing incredible innovation from this new technology.
The city is putting a big focus into blockchain to find out how we
can grow the industry and make sure it’s creating great
opportunities for New Yorkers.” - James Patchett, CEO of the
(NYCEDC)
Parody Protesters
There were
a number of actual protestors to the event, as well as one man
claiming NEM developers owe him millions of dollars. But
one group staged an entire protest parody.
The
individuals identified themselves as members of the movement dubbed
“Bankers Against Bitcoin.” They held placards and banners against
the conference, cryptocurrencies and blockchain to create awareness
of the dominance of Blockchain in the future.
Two
big names clashed
Jimmy Song,
an investor at Blockchain Capital and Joe Lubin, the founder of
Ethereum based startup, ConsenSys had a heated debate about the
capabilities and implications of blockchain technology. The two
ended up actually making a bet on blockchain implementation. Song
wasn’t convinced by the many potential benefits of the blockchain
tech presented at the event. He likened them to “magical blockchain
dust.”
Top
Reddit post recapping the event pokes at lack of
depth:
- “Talks were superficial...”
- “The whole presentation vibe was, ‘let’s bend over backward for
bankers and discuss how we’re going to do it.’”
- “Presenters rehashed cliche after cliche... Instead of delving
into the fundamental problems facing crypto (real world usage by
the average joe, scalability, centralization).”
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