Saturday, September 24, 2022

Crypto parties are still raging in the bear market. Here's what it's like at Mainnet, where tickets cost $2,100 and attendees network on yachts.

  • Crypto enthusiasts, Web3 founders, and investors convened at Messari Mainnet in New York City this week - tickets cost $2,100 for the 3 -day conference (night party on a yacht an extra $1,000 per person)
  • The tone was firmly upbeat, despite bitcoin, ether, and other digital assets like NFTs, struggling through a bear market (BTC and ether 60% down this year)
  • Here's a look inside the event from Business Insider's Phil Rosen.

The Messari Mainnet crypto conference in New York drew about 2,000 attendees in person this week, with bullishness still running high and conference-goers ready to party — even as bitcoin and ether, the two largest cryptocurrencies by market cap, are each down more than 60% this year.

"Enthusiasm is definitely back to where we were prior to the bear market," Shahzad Nathani, head of partnerships at blockchain firm Shardeum, told Business Insider at Pier 36, the east Manhattan location of the conference.

The NFT market, like crypto, has cratered in 2022. In the week leading up to Mainnet, the market valuations for two of the most popular collections, Bored Ape Yacht Club and Cryptopunks, slid by 21% and 19%, respectively.

A ticket to the three-day Mainnet conference cost $2,100, granting access to three days' worth of panels featuring nearly 300 speakers ranging from ethereum co-founder Vitalik Buterin to smaller asset managers and execs in the space.

"There's a lot of excitement," Nathani said. "People are focused on how to build for the future, so we don't fall into the trap of being just a speculative space. I think we're ready for the next leap in the next six months to a year."

"The bear market just means more building"

Nathani, like a dozen other attendees I spoke to this week, is shrugging off the crypto winter and is increasingly upbeat about what comes next.

Some pointed to promising venture capital funding — how angel investors are still willing to put money into promising startups. Others highlighted new partnerships that came to fruition this week during late-night, rooftop shindigs or over handshakes and coffee.

"The bear market just means more building," Brandon Rochon, lead data scientist at Covalent told Insider.

Echoing that, Brandon Neal, COO of Euler Labs, explained that Mainnet feels optimistic because the industry continues to mature. Those who have been in the crypto space for long enough, he said, understand the next wave of crypto adoption is still coming, whether the economy is choppy or not.

Lisa Fridman, president of metaverse company Quadrata, said a shaky market actually opens the door for founders, because investors have a clearer picture of winners and losers in the space.

"In a more challenging environment, it's easier to identify stronger, more attractive opportunities, because in a stronger market there's just a lot of hype and capital around so many projects," Fridman told Insider.

"We've had many deep conversations about where the space is headed, how to improve products, how to grow adoption and how to retain new users in the next cycle," Rochon added. "There's less noise to sift through and everyone is focussed on building better products."

After parties, rooftop parties, yacht parties

As with events in any industry, Mainnet had its share of festivities once the day's discussions were concluded.

Tuesday through Thursday, I attended 10 Mainnet-sponsored occasions and satellite events. Most of the people I spoke to at these receptions were still bullish on crypto, even as it struggled through its bear market, but were also keen to point out the importance of the community events like Mainnet emphasize.

At a cocktail event on the 76th floor of the World Trade Center, one blockchain company staffer told me she expected the sense of community around the conference to remind people why they got involved in the digital asset space in the first place.

On each rooftop I ended up throughout the week, I had similar conversations with conference-goers.

I spoke to founders in the crypto and Web3 space that promised to deliver projects with tight-knit communities and real-world utility. Others told me about new play-to-earn video games based on blockchain technology, whereas others were set on "phygitals," a new mix between physical and digital spaces or products. The emphasis and excitement for new projects was high, and seemingly undeterred by this year's tough market.

On Thursday night, a yacht party was charging $1,000 per person to attends (a separate cost from the $2,100 ticket to Mainnet). The boat took patrons out for four hours of festivities on the East River.

While surely a blast, more than one attendee noted the disconnect in tone between such lavish events and the reality of a crypto market that's fallen from a $2.8 trillion total value last November to less than $1 trillion this week.

Philip Shoemaker, founder of Identity, a nonprofit focused on identification services, admitted that the bubble has burst this year, but said that can create forward momentum.

"This is when this community comes together in unique and supportive ways," he said. "We've been through this type of market before and we'll continue to grow together."

Source: https://markets.businessinsider.com/news/currencies/messari-mainnet-yacht-parties-and-2100-tickets-2022-bear-market-2022-9

Are you optimistic/bullish on the future of Crypto in 2023? And beyond? Are you bullish on the future of NFTs and "phygitals"?


Sorry for typos just click and read too vast for a title

What if all worlds started from a single point so all history till 1950 or so is same but after that time travel became possible so a single person with a time machine could alter and make infinite more universes so in a. Way this universe could have been created in 2001 only and just shares its history with the parent universe which in turn shares it with its parent universe until it goes back to the first time machine build. Since John Titor came it altered and set us in a new reality which could be eminent as the world he came from was of war in the 2010’a but instead we got financial drought and increase in commercial technology more than useful one which could help in life like for plastic global warming now thinking about it most of the money is being spent to make more devices for people with no real use instead of innovating but people of this mindset could have never invented fundamental things like internet and phones there has been not a single groundbreaking innovation after 2001 there has been improvement like electrical cars but there hasn’t been something new like a car from horse in 20th century.

Maybe the universe has ability to balance itself therefore the parent universe has a time machine and then there are 2 possibilities in which John Titor went back and one in which he didn’t so in ours one cause he came the universe is form in a way that prevents to form another time machine maybe what is easy for their people has been taken from us while the other possibility still has Time machine

So in a way when universe splits one is the universe of innovation and one is of betterment just bettering already working hardware instead of making new ones so 0 innovation .

But the. What about boickchain the idea is from 1990s so in a way we just betterred it in 2009 as bitcoin then eth then more

But if he came back from his 2036 and made a new universe how can he possibly go back to his one after getting ibm cause if u think it’s a time machine not a universe machine so he is stuck in this time only and willl go to this universe 2036 where he will again create another universe and so on but if that universe was one of innovation they would know it and send him with that in mind so what am I missing what could be the thing but if that would be real then how could they go to war maybe that technology was hidden away and only accessible to us a hmmm

Many worlds theory could be possible if you think about it we have 2 forms a spirit form no scientific data Ibut if we believe so we have physical body which comes into this world and grows old and die this body is our way to navigate the spac aspect of space time of which universe is build the universe is just empty space going along in yte so time is as much real indicator as space if someone can pass spca ethere is a way to pass time also this body is designed for space travel so it’s easy but with conscience we can think of something to cross time also cause isn’t it mind blowing that we are in rock in space we have been here for 2000 years with no real data how just here even if we evolved why we evolved what is life really like what we live for really there is no fundamental answer cause when we born our brain knows hunger and sleep that’s what it lives for when we mature sex adds to that to further the bloodline but why do we care for that what will happen if we all die isn’t everything gonna die even ltually so On a basic mathematical front too the result is already known but that just means there is some importance of living and why we are here like who put us here cause someone did are we an experiment if god is real then he is the one who put us that means he is or they are just a more advanced civilisation maybe … but in the end it comes to no answer we are humans most of us are sad with our life’s still continue it even though we know it will end one day some do it for honour some cause whatever reason other follow pleasures but if god is real he put us on here to achieve something not for us but for their civilisation or something maybe we came from some other planet and god is just humans only but powerful ones maybe we had powers on other planet cause power is defined by muscle we can jump higher than Empire State on moon but can’t earth maybe we needed a limiting planet

And then the space is infinite but so is time so there are other humans and aliens out there but time is so vast that they are not only far away in space but in time too so only way to meet them would be through a time machine and fast space machine but if time is infinite time machine has been invented if it is possible same way how if we go from a to b peoplle are already there at b they are already at our goal cause it’s possible so why hasn’t we seen it ig it’s answers too because time is so vast they can’t show it to every century and maybe nothing big happens in our time that is worth coming back too hmmm

Ye stray would be it like u won’t go to a empty well far away and maybe they did came I won’t know so won’t u they came and went cause if time machine is invented it’s a bigger invention then us and they won’t just give out that info ig I get it cause if they do give us that info it changes the timeline and they can’t back then yes but that would mei. John Titor is stuck too maybe he’s a fraud but I get now if I ever make a time machine island go back u won’t tell the Egyptians about cause the I won’t be able to get back to my universe and it won’t help anyone too so Selfishness stops other universe me from helping me but the if universe is infinite there has to be atleast one that did go back and told us similarly there has to be one that went back and told exactly me about it and another where that happened rn so bulky that logical it would get so tricky so I think universe only splits when something major happens so these major events won’t occur at every second and me rocking my leg right or left wing dreary a universe Di which I rocked it the other way so to go to another universe we have to do something big that affects the world like I have an idea COVID that’s a world even my and that’s where the universe splitter last time and then there is 9/11 I am getting somewhere so we just trace back all these big events and these are the changing points and if I study them will I find changes before after yes I would cause they came from different parent universes and every time change occurs due to chaos theory everything else changes too and when recent change happens we shift our memories acc to all the changes but if regularly big changes. Keep happening then there would be an error and people would remember something which relates to Mandela efffect everything comes back full circle it seems for real cause it is all true

I have found the theory but how do I use for my own I don’t have much life I can afford to go back and forward and tell everyone and make infinite more universes but brain how do I make this possible uk u can u r the same which invented electric nothing different u r made up of cells so was Newton and Einstein But what are we as a society missing like how do we find more and create more things like electricity and aeroplanes inste I feel like it is more psychological than scientific what I’m saying but I want this to be true why are guys so stuck on ur phones on insta if I share this after writing and u are reading this get paper or open notes app and THINK LIKE REALLY THUNK WHEN WAS THE ALST TIME U DID THAT I don’t wanna go in conspiracy that govt controlling us or the devil is real but I feel like the way we evolved the last 15 years has been limiting we are not thinking we are just existing u guys have the power one of you could be the one to make the time machine our brains can’t make new ideas it just makes new info with what is already present I want to put these ideas in ur brain and want u to think too about that’s the only way we can ever start to innovate again do u really want an iPhone 15 next year then 16 cause they are still same they are just iPhone 10 but better specs what I want is something new they are still phone have been the same for 10 years


People are not buying but they are also not exactly selling crypto. As Google searches for "sell Bitcoin" hit 2-year low.

Being in a bear market for literally nearly a year would surely make you believe that sentiment must be at an all time low. But that's not really the case this time weirdly, obviously people are not buying right now but people are also not selling crypto right now. We have had two big sell events in this bear and everything else was just sideways.

You can also see that as Google searches for "sell Bitcoin" has just hit a 2 year low. This does not translate to Crypto prices but is a cool trend to see. It basically shows that many people who have now entered crypto have become way more convicted about it and now actually know to not sell at the bottom.

Will this make us have a bull run? Yes, but probably not tomorrow or even this year. It's all just a very good foundation building up for Cryptos next big wave.


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California's Golden Gate University will educate students on blockchain and crypto

California-based Golden Gate University is set to offer blockchain and cryptocurrency education in collaboration with the decentralized web development-centered organization Filecoin Foundation.

The learning will focus on decentralized storage, technologies behind Web3, and the next generation of the internet while capitalizing on the crypto sector's growth, Filecoin Foundation said in a press statement on September 7. Under the program, the institution's new Filecoin Foundation Blockchain Academy Lab will host meetups and training seminars to cater to the growing interest in cryptocurrencies at a higher education level.

The education program has already outlined key beneficiaries, including government officials and professors. They will be provided with resources to understand decentralized technology considering it a new segment of the education system.

Furthermore, through the virtual events, the lab is projected to reach out to students globally, especially those from underserved populations. Overall, as the crypto sector grows, different entities have increasingly focused on offering related education. As reported by Finbold, the University of Cincinnati (UC) also unveiled a program to teach students cryptocurrencies such as Bitcoin (BTC) and new financial technologies.


The Ukraine crypto initiatives prove that cryptocurrencies and DAOs have real utility, and a real place in our ever-lasting story as people.

The most immediate use case was, of course, funding. The genesis event was a tweet from the official Ukraine account that published Bitcoin and Ethereum addresses, and that was just the beginning.

link to OC: https://twitter.com/kim\_bzk/status/1572922583636652032?s=20&t=DQvpaNeUvbVDaDarTQOf2Q


When's the next great bitcoin event? check this calendar and never miss an important event.

https://cryptonums.com/event-calendar/