The organizers of the Consensus conference made millions of dollars on the tickets

Date:

2018-05-14 21:30:09

Views:

3676

Rating:

1Like 0Dislike

Share:

The organizers of the Consensus conference made millions of dollars on the tickets Source:

For the main organizers of cryptocurrency conference of the year — Consensus — it has already started successfully: given the price of the ticket in 2-3 thousand dollars and more than 4,000 visitors to the event, it is easy to calculate that CoinDesk has earned about 8 million dollars just for the tickets. And looking at the huge list of sponsors (and this is only the first level!), you marveled as in the area of the conference formed a black hole because of the concentration of sensation and action.

Cryptocurrency conference — is good business, despite the fall in the price of Bitcoin this year.

Within a few days, while there will be Consensus, will host more than 20 events. Conference on the topic of bitcoins that began with 400 participants three years ago, is now a Central element of a full-blown "Week of blockchain in new York", which is held in partnership with the New York Economic Development Corporation.

the

Attendance Consensus is growing from year to year

Last year's event helped to draw public attention to the cryptocurrency. When passed by Consensus in may 2017, BTC has gained value above $ 2000 and was reinforced by the first TokenSummit and Ethereal Summit. Prices then pulled up, attracted the interest of big uncles with Wall Street and was fixed at 10,000 in November. In December we saw the delicious peak of 19 000 dollars, and then all returned to the level of 9-10 thousand dollars for a coin.

This year, the dynamics of the speakers reflects the significant progress the cryptocurrency industry in the mainstream. The Twitter co-founder Jack Dorsey will speak on the Consensus on Wednesday. Other participants include government officials and industry leaders: Microsoft, SAP SE, Deloitte and others.

Consensus has developed an interesting reputation: if you speak at the event, you mean, said Michael oved, cofounder exchange AirSwap and the organizer of the meeting Fluidity in Brooklyn. He says he nedoocenili the conference: tickets are sold at the price of 150-250 dollars. The conference had more than 700 people, and the proceeds from the sale amounted to about $ 140,000.

Other events do charge entry at least a few hundred dollars, including:

the
    the
  • Ethereal two-day Summit from ConsenSys sells for $ 1,300
  • the
  • TokenSummit Tickets on may 17 sold for 649 dollars
  • the
  • Conference Women on the Block, held on mother's Day, takes $ 299 for General admission and 599 for VIP access resepshn and lounge
  • the
  • NYC Blockchain Tech &Invest Summit on may 18 will ask $ 899 for the entrance; VIP access will cost 1299 dollars
  • the
  • ADI Cryptocurrency Mining Summit — from 499 up to $ 699

In Short, money is made. The funny part requests for sponsorship should be sent every day, everyone wants to jump on the bandwagon and "see, see".

However, not everyone is happy about the massive charges of the crypto conferences. April 26, the main Creator of Ethereum, the platform, Vitalik Buterin wrote that Consensus is boycotting this year primarily because of the high cost of the ticket.

"participation in the conference is 2-3 thousand dollars. I personally refuse to contribute to the collection of rent of such level", wrote Buterin. And added that CoinDesk "recklessly participates in is a Scam".

And he was offended at how CoinDesk has exposed the rift in the Ethereum, accusing him of fomenting sensationalism.

In response, CoinDesk said that "disappointed to learn about Vitalik tweet in relation to error reporting CoinDesk, for which we apologize. One of our reporters turned on the unverified link in an article; we quickly discovered the error and corrected it. We try to maintain the highest level of objective ethical journalism, to help ensure industry lighting blockchain".

Separately pour oil on the fire Reddit users: they say that the main cryptocurrency conference by charging such large amounts for tickets, does not allow to pay with cryptocurrency. Strange, isn't it?

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Australia will ban cash purchases of more than $ 10 000 in 2019

Australia will ban cash purchases of more than $ 10 000 in 2019

the government of the Liberal party of Australia has announced that next year, starting in June, to buy anything in cash over $ 10,000 is illegal. The government stated that "encourages the transition to a digital society" (read: ...

Zcash for increased by 29 percent. What happened, and who's next?

Zcash for increased by 29 percent. What happened, and who's next?

a Week ago, the wonders of the growth of Bytecoin. Coin grew by 150 percent in a few hours, and the reason for the jump was a listing on Binance. Now this situation occurred. The Winklevoss brothers officially announced the start ...

Five Americans detained for trying to steal a million dollars in bitcoins

Five Americans detained for trying to steal a million dollars in bitcoins

a Month ago, Europol 11 people on charges of money laundering through Bitcoin. According to police, the attackers carried out using cryptocurrency funds received from the sale of drugs. Now the American authorities have detained ...

Magic card TalkBank Сrypto Visa Bitcoin — SKOLKOVO?

Magic card TalkBank Сrypto Visa Bitcoin — SKOLKOVO?

the vastness of Facebook saw a photo of the card Bank TalkBank.io labeled CRYPTO. Very surprised and decided to clarify that this is the miracle of miracles and what is in this map from the Russian virtual Bank Kriptosistema. By ...

Cryptomeria. How to win bitcoins with the help of candles?

Cryptomeria. How to win bitcoins with the help of candles?

bitcoin is Usually considered a good option of investment money and reliable means to translate them. Now the coins on top have become a marketing tool. The creators of Crypto Candle lure users an opportunity to win bitcoins, and ...

German Bank Bitbond: Bitcoin — the best alternative to SWIFT

German Bank Bitbond: Bitcoin — the best alternative to SWIFT

In March, the analysts of Allianz Global Investors said that the cryptocurrency has no real value and soon the market capitalization down to zero. In the German online Bank Bitbond the prospects of digital money value otherwise. T...

Thailand began to regulate cryptocurrencies. For violation of the law — a fine or jail

Thailand began to regulate cryptocurrencies. For violation of the law — a fine or jail

At the weekend the Central Bank of Zimbabwe financial institutions in the country to carry out operations with cryptocurrencies. On the termination of contracts with the exchanges, the government gave the companies 60 days. The re...

What will happen to Bitcoin this week? Meet the experts and analysts

What will happen to Bitcoin this week? Meet the experts and analysts

the Chief cryptocurrency dipped below $ 9,000 on Friday and has not yet risen above this mark. Analysts believe the reason for the fall of the activity of the Trustee of the exchange Mt.Gox. The day before he 8,000 coins, which co...

Japanese GMO rents from users of bitcoins, ethers, litecoin and Ripple

Japanese GMO rents from users of bitcoins, ethers, litecoin and Ripple

In mid-April, the Japanese GMO launch of Bitcoin deposits at the end of may. Marketplace is going to take coins from a user via the service Virtual Currency Rental Service (VCRS) and to pay interest. Now the GMO added to the progr...

Localbitcoins will introduce compulsory verification of users for large-scale operations

Localbitcoins will introduce compulsory verification of users for large-scale operations

In early April, trader exchange Localbitcoins Thomas CONSTANZO was accused of money laundering in the amount of 164 thousand dollars. Then, the exchange is considering the introduction of additional measures to protect and identif...

CRYPTOMACH / Death Antminer Z9, forecasts of the exchange rate of Bitcoin, mining zcash for and reference mining from GMO

CRYPTOMACH / Death Antminer Z9, forecasts of the exchange rate of Bitcoin, mining zcash for and reference mining from GMO

Behind another week. The last seven days, remember the exchange rate fluctuations, jump Bytecoin and lost hardware wallet, for which the trader has promised a reward of 135 thousand dollars. Main events — by tradition, Cryptoimage...

Trader Barclays about the transition in BitFlyer: see no future in traditional Finance

Trader Barclays about the transition in BitFlyer: see no future in traditional Finance

In late April, a former employee of the new York firm asset management Oz Management Alice Haas CFO of crypto currency exchange Coinbase. Her example was followed by the former Barclays trader Daisuke Murayama. He is disillusioned...

Tim Draper: Bitcoin — best place to store your money

Tim Draper: Bitcoin — best place to store your money

In late April, investor and well-known Bitcoin optimist Tim Draper , investments in bitcoin will bring more than investing in the shares of Tesla, Hotmail and Skype. The blockchain based digital money is more important than all pr...

The Central Bank of Zimbabwe has banned companies to work with cryptocurrency

The Central Bank of Zimbabwe has banned companies to work with cryptocurrency

In March in Sierra Leone, the first African elections in the blockchain. A system developed startup Agora — in the future the company intends to extend the experience to other countries in the region. However, new technologies are...

The market dipped. The South Korean police conducted searches in the office of Upbit crypto currency exchange

The market dipped. The South Korean police conducted searches in the office of Upbit crypto currency exchange

In early April, South Korean police detained the head of the exchange Coinnest, which ranks fifth in the country in terms of trading. Now police have launched an investigation against the country's largest cryptocurrency exchange ...

Nvidia earned on miners 289 million dollars in three months

Nvidia earned on miners 289 million dollars in three months

In March, the us developer and manufacturer of graphics accelerators Nvidia about the increase in the production of video. The reason was the high demand for the device from the side of the miners are gamers simply are not enough ...

Victory: the scammers off the site fake wallet Electrum Pro

Victory: the scammers off the site fake wallet Electrum Pro

on Thursday we about fraudulent wallet Electrum Pro. According to the developers of the present Electrum, "pro-version" uses their reputation and corny steals user's money. The connection of the public gave results website Scam pr...

Why falling Bitcoin? Purse Mt.Gox is gone, the next batch of coins

Why falling Bitcoin? Purse Mt.Gox is gone, the next batch of coins

At the end of April with wallets hacked and bankrupt exchange Mt.Gox at 16 thousand coins BTC and BCH. Then the rate did not fall, and even increased. Because of this, the experts suggested that in this case it was not about selli...

British exchange Crypto Facilities will start trading futures contracts on the Ethereum

British exchange Crypto Facilities will start trading futures contracts on the Ethereum

At the end of April, the volume of futures trading on the Bitcoin exchanges CBOE and CME to a record level during the day, traders bought about 30 thousand contracts. Now the British marketplace for Crypto Facilities has announced...

Facebook is considering creating its own cryptocurrency. Whether to be afraid of Bitcoin?

Facebook is considering creating its own cryptocurrency. Whether to be afraid of Bitcoin?

In late April, experts from MIT Technology published an article "Let's destroy Bitcoin". It most likely scenarios of death of the main cryptocurrency. One of them is to popularize the coins with the largest social network in the w...