Tuesday, May 14, 2019

📌New York Blockchain Week

👉 Even with the resurgence in the price of Bitcoin, there likely won’t be any Lamborghinis on display at this week’s crypto and blockchain conferences. Attendees can instead expect sound baths, meditation and lunch from food trucks paid via digital coins. The end of last year saw a prolonged meltdown in crypto prices, with the largest tokens shedding billions in market value thanks to closer regulatory scrutiny, slower-than-expected adaption, and industry-specific software issues. But prices have rebounded significantly this year. Bitcoin, the largest digital token, crossed the $7,000 over the weekend. It has more than doubled since New Year’s Day, though it remains well below the all-time high of almost $20,000. The price rebound has helped boost optimism at some of this year’s Blockchain Week events, even as the crypto industry is hit with new allegations of fraud, theft and manipulation. Thursday’s Fluidity Summit in Brooklyn, for instance, was sold out, with 870 people in attendance, according to Sam Tabar, one of Fluidity’s co-founders. The conferences are organized by different companies, each with their own distinct features and speakers. The more than 1,000 attendees gathered at Ethereal Summit’s first day events received wallets pre-loaded with meal tokens and got the opportunity to meditate in an outdoor tent. The event took place at Brooklyn’s Pioneer Works, a cultural center that featured art displays.

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