Do you know the NFT NYC?

Also known as “Crypto Coachella”, the NFT NYC went in just two years, from 460 attendees in 2019 to more than 5,000 in its last edition, key evidence of the growth that the NFT universe has gained extraordinary importance in a very short time. What were the 4 days of the most important event for NFT lovers about?

Like the NFT market, the conference has been remarkably successful. Just this last quarter, NFT sales increased by 700% compared to the previous period, that is: 10 billion dollars in NFT. This year some of the most relevant participants range from Beeple to the most expensive NFT artist in history, Quentin Tarantino, Jimmy Wales, Alexis Oharian co-founder of Reddit and more.

During the 4 days of the NFT NYC, about 600 speakers shared with the public various topics related to the NFT. Hundreds of panels and accompanying events organized by different figures of the NFT universe, such as the yacht party organized by Bored Ape Yacht Club, one of the 10 most successful NFT collections of all time.

The NFT NYC is a great example that the importance of non-fungible tokens has acquired, going from users who interact from discord servers, to doing it in a common space.

What happened in the context of NFT NYC 2021?

Perhaps it is also a symptom of a whole revolution. As the cryptocurrency market surpasses $ 3 trillion represented by ether and bitcoin who are approaching their all-time high, more than 5,000 people attended the NFT NYC conference. Not only that, more than 3,000 people were on the waiting list for this event that began on November 1 and ended on November 4.

The event included 600 speakers at various panels, parties, raves, galleries, the memorable Bored Ape Yacht Club yacht party, and even a concert by the strokes. An event brimming with enthusiastic collectors, influential figures, and celebrities like director Quentin Tarantino.

During NFT NYC 2021 approximately 700,000 NFTs were traded according to coindesk.

During his participation, Quentin Tarantino announced his plans to sell seven uncut scenes from Pulp Fiction on NFT. Although the release date has not been announced yet, the NFTs will be auctioned on Opensea.

The NFT market is so complex that an example to demonstrate it is the NFT NYC 2021 awards, where the NFT industry was recognized in 19 different categories, such as “best use of NFT by a trademark”, or ” best traditional artist turned NFT Artist “; something that almost all categories have in common is the implicit invitation to move from the conventional world to the NFT.