Blockchain Week for Cryptocurrency Fans in NYC

Fans Storms New York City to Celebrate Blockchain Week

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  •  Blockchain Week for cryptocurrency fans in New York.
  • The event will feature Snoop Dogg, Twitter CEO, St. Louis Fed president, among others.

Lots of cryptocurrency enthusiasts are expected to storm New York city for the upcoming Blockchain Week. The event is named after the decentralized ledger technology that backs cryptocurrency and has been seen as the solution provider to everything ranging from ineffective financial transactions to global poverty. The event presents a move to bring more blockchain-related jobs to the global financial capital.

Nothing less than 8,000 people are expected to troop into a Midtown Manhattan hotel for Consensus, the largest of all events and conferences to hold between 10th May and 19th May. During the 3 days blockchain bonanza, which starts the ball rolling on Monday, participants would watch a debate between young experts in technology and old world financiers on the future of cryptocurrency payments, as well as see firms propose their plans to anyone who will listen. Consensus should not be mistaken for ConsenSys, which is a blockchain startup in Brooklyn established by Joseph Lubin, an Ethereum guru, who sponsored his own event.

Consensus, an event hosted by CoinDesk Inc. – a media and research company, will feature a number of speakers including Jack Dorsey, the CEO of Twitter Inc.; James Bullard, the president of St. Louis’s Federal Reserve Bank of St. Louis; and Frederick Smith, CEO of FedEx Corp. The event also includes an afterparty that will feature rapper Snoop Dogg at a secret location in Manhattan’s Meatpacking District. The afterparty is hosted by payment firm Ripple Inc.

Consensus is likely to pull twice the attendees it drew last year when 1 BTC would have cost you about $2,500. Thomas Lee of Fundstrat Global Advisors, last week, predicted that the conference could cause Bitcoin to rally. At the event, some representatives of the U.S SEC and the CFTC would also be speaking.

The Blockchain Week was launched in partnership with the NYC Economic Development Corporation in a bid to showcase New York as a promising center for blockchain startups. The Blockchain Week will feature a job fair on 16th May.

Nevertheless, some blockchain fans may opt out of the conference because they may not be able to afford the cost. Presently, Tickets range between $1,499 to $2,999. Vitalik Buterin, Ethereum co-founder, last month tweeted that he would boycott the conference due to some, which include the ticket’s hefty price. He said:

“The conference costs $2-3k to attend, I refuse to personally contribute to that level of rent-seeking.”

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