Consensus 2018 in New York Boosts Cryptocurrency Prices

Consensus 2018 in New York

The end of 2017 was a huge year for cryptocurriences and the first half of 2018 is showing that the popularity of digital currency is not going away.  A clear sign of this is Consensus 2018 in New York at the Hilton Hotel.  This blockchain conference has brought in over 8,500 attendees.  CoinDesk the organizers of Consensus 2018 has tripled the attendees from Consensus 2017.  Tickets on average is $1,999 which means that CoinDesk is bringing in 17 million from ticket sales alone.  This does not include the millions in sponsorship packages.  The conference has attracted so much attention in the biggest city in the United States that cryptocurrency prices have gotten a huge boost recently.

Record Breaking Attendance

Those that were in attendance during DAY 1 of Consensus 2018 saw huge registration lines that went all the way down from the 2nd floor to the main lobby on the first floor.  Many had to wait for over a hour, some at the peak hours had to wait for two hours!  You would think a conference with such high ticket prices wouldn’t attract so many attendees.  Therefore this proves that the blockchain/crypto frenzy is not letting up anytime soon.

CoinDesk has apologized for the delays in the registration and said they will be more prepared for Consensus 2019.  However this shows that Consensus is now the largest blockchain-focused conference ever held in America.  However, Consensus is not the only blockchain conference going on in New York at the moment.  There are many more during Blockchain Week NYC.  The two biggest hashtags on twitter has been #Consensus 2018 and #blockchainweeknyc during the conference.

New York Brings in the Top Crypto Players

New York City has really embraced blockchain technologies and to think this could have been Seoul if they had grabbed the bull by the horn and embraced ICOs, Blockchains, crypto exchanges, and etc.  New York has been able to bring in the top 100 crypto names to the city.  All the best developers, traders, investors, and ICO startups are at this conference.  Early signs show that because of these kinds of events, the crypto industry is looking very promising.

John Yoon

John Yoon is the Editor in Chief at Startup Radar, Organizer for Startup Festival 2017, Head of Operations Korea at EOS Asia and the Global Marketing Director for Foresting.io. Email = john@startupradar.asia if you are interested in guest contributing and helping the Korean startup ecosystem. Wechat, Kakao, and Line user ID is jswy315

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