October 16, 2022

Crypto Reacts To The NFT NYC Conference: The Bad And The Ugly

Beyond that, we saw NFTs being applied in gaming, fashion, sports, music and ticketing. And as you can imagine, the city was flooded with investors large and small trying to shape their strategies for the next NFT bull run. Samsung hosted 837/NEXT at its flagship location in the heart of Meatpacking District. Stay on top of crypto news, get daily updates in your inbox. The conference’s main purpose is to showcase what's hot in NFTs and provide an excuse for people to network and celebrate, as companies peacock their success in front of competitors. Omega Runner debuted in New York with the launch of its first comic book and a celebration event at Sleep No More, one of the most notable shows in the city. Featuring a gamified journey aimed at inspiring, educating, and entertaining guests, the experience will be open to both Cool Cats holders and event attendees, free of charge. The activation is slated to illustrate that NFTs are only a singular part of the Cool Cat’s evolving, multi-faceted mission. To mark Juneteenth, Diana Sinclair and DrifterShoots are co-hosting the second installment of Digital Diaspora to shine a light on Black artists working in the NFT space. Featuring live performances, an art exhibition, a public installation, and a fundraising auction, Digital Diaspora seeks to increase awareness of racism and inequity while continuing to uplift the importance of human dignity. In addition to Sinclair and Drift, featured artists include Cory Van Lew, IX Shells, Latashá, Swopes, Andre Oshea, Misan Harriman, and more. BitsCrunch co-founder and CEO, Vijay Pravin Maharajan, will be speaking on how his company is providing security to the NFT ecosystem. Some noteworthy speakers include World of Women co-founder Yam Karkai and MoonPay CEO Ivan Soto-Wright. With a stacked lineup of speakers and programs, NFT NYC will keep attendees’ schedule packed from June. He explained that tradeable NFTs, like those on OpenSea, represent less than one-third of the total NFT market, and are entirely separate from the rest of the technology at hand. “An NFT artist would disagree that it's just about JPEGs,” Rich said. “NFTs are liberating because they can disrupt the chain between the artist and the buyer of art, but it also allows for such a dynamic space, intelligence, metadata — across many different platforms.” And each of the estimated 14,000 attendees received NFT swag giveaways minted on the Polygon blockchain that included art and other NFTs redeemable for physical merch or sponsor offers. Over the course of four days, NFT.NYC took over Manhattan to unite the global NFT community and advance the adoption of blockchain technology. Here, BizBash breaks down what that means and highlights the top gatherings from the four-day event. Every piece in this year’s “Diversity of NFTs” art collection will be displayed on a Times Square billboard and throughout the Marriott Hotel during the conference. NFT.NYC launched this activation as a new way to celebrate and recognize emerging artists. Boardroom is a media network that covers the business of sports, entertainment. Harmony will be hosting a web3 lounge for 4 days, in alignment with NFT NYC. We will be cultivating a space to support new web3 projects through workshops, panels, activations, and engaging activities. Sign up for Valid Points, our weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets. On Wednesday night, Magic Eden hosted a Yacht Party for hundreds of Solana fanboys fresh off its $130 million raise, bear market be damned. Madonna performed for World of Women holders a few blocks north of the pier the next night. And during the week, founders of Spatial and Ready Player Me took to the stage, an NFT expo was brought to life by Jondo Prints, and Grammy award-winning singer and NFT artist Miguel appeared alongside panelists. The “NF” in NFT is an abbreviation for non-fungible, meaning each “T,” or token, is unique and unable to be replaced. Because an NFT is digital, there is a unique code that represents each token, which can be any digital thing representing a real-world asset, such as art, a drawing, music, videos, or even real estate. Two NFT projects launching on Harmony will be featured at this event. Our initiative is to onboard two of the three DAOs cosponsoring the venue with us. The space will be designed for people to be able to come and build on Harmony. NFT.NYC 2022 is a mix of panels, pop-up events and gallery showcases that bring together some of the super stars of NFTs. Celebrities, co-founders and influencers will be speaking on hundreds of different topics at the event. nft had a breakthrough year in 2021, but weekly sales have declined by more than 80% from a January peak of nearly $1 billion, according to data from NonFungible.com. Still, NFT.NYC has tripled in size over the last year, Rich said. YouTube icon A play button in the shape of a television screen. Menu icon A vertical stack of three evenly spaced horizontal lines.