Crypto Conferences Are Still Trending Despite Bear Markets

By Katelyn James | January 17, 2019
Crypto Conferences Are Still Trending Despite Bear Markets
Crypto Conferences Are Still Trending Despite Bear Markets

According to recent data collected by the analysis site Tradeblock, the number of cryptocurrency and blockchain related conferences did not see a decline in popularity in the last half of 2018, contrasting to many other sectors in the digital asset economy.

In 2018, cryptocurrency events started to attract many attendees, which brought organizers millions from steady ticket sales and initial coin offerings (ICOs) exhibition booths. Tickets for these events were sold out for most of the time and remained at high price (varies from $299 at least and $2000 at most) all year long. For instance, last year at Consensus Week (May 11-17) in New York the conference peaked total revenue of $10.5 million with 7000 event tickets being sold for $1,500-2,000.

Not only the price was high but the number of attendees was also surprising. According to the vast list of conferences held last year, many events attracted more than hundreds to thousands of attendees, such as: The Paris Fintech Forum with 2,000 guests, Finovate Europe 1,400, Malta Blockchain Summit 9,500, Cryptocurrency World Expo Berlin 1,600, Blockchain Summit Vienna 2,000, Deconomy South Korea 2,000, Blockchain Conference Moscow 2,000, and the Blockchain Expo Global in London with 6,000 participants. Speakers for these events were cryptocurrency developers and blockchain luminaries such as Tim Draper, Joseph Lubin, Changpeng “CZ” Zhao, Vitalik Buterin, Charlie Lee, Balaji Srinivasan, and many others.

There is no clear sign that these events will cool down soon as many cryptocurrency and blockchain related conferences have been scheduled for the next few months, such as Blockchainge DC, Crypto Investor Show Manchester, TNABC Miami, and the Binance Blockchain Week.. Some of these conferences will host up to 4,500 people, serving the curiosity of general public towards the industry.

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