CoinDesk Makes Strides in Cryptocurrency Conferences with NFT Collection

03/06/2023 19:05 • Metaverse Matters • 131 views

According to the report, planned by CoinDesk, it is one of the largest annual events in cryptocurrency and Web3. It seems that the event team is making major improvements for the 2023 iteration. Recently, CoinDesk announced a series of partnerships aimed at creating an NFT token gating experience for the event. It is an NFT collection centered on Microcosms, which will provide the holder with three years of access to the Consensus Congress pass and a multi-level reward system from 2023 to 2025.

CoinDesk Launches Multi-year NFT Access Pass for Consensus Conference

Analysis based on this information:

CoinDesk has announced its preparation for the largest annual event in cryptocurrency and Web3. The events team is making major improvements for the 2023 iteration to top last year’s successful conference. One of the largest changes this year is the introduction of NFT gates for the event.

The NFT collection created by CoinDesk is an innovative approach to creating access to the conference. The collection is centered on “Microcosms,” and a token from this collection grants the holder three years of access to the Consensus Congress pass. For investors and enthusiasts alike, the NFT gates create a sense of exclusivity and uniqueness that differentiates the event from most other conferences.

As cryptocurrency and NFT technology advance, it is intriguing to see how the industry could continue to shape conference access. Attendees have traditionally paid registration fees and sometimes exorbitant fees for accommodations to gain entry to cryptocurrency events. However, NFTs introduce a new form of currency for event access.

Another unique aspect of this year’s conference is the introduction of the multi-level reward system. The community can participate in various tasks like referrals or contributing in the project’s ecosystem, which enables them to earn tokens along the way. Token holders can then redeem these tokens for exclusive experiences at the conference or discounted access to other events in the future.

Overall, CoinDesk’s willingness to embrace NFT technology and the rewards system signals an innovative step towards adapting to changes in the industry. This step is not a significant break from many real-world experiences where attendees opt to buy VIP tickets or packages that may come with additional perks based on their price.

The partnership and the use of NFTs from CoinDesk for this event makes way for future applications of NFT technology beyond the traditional sale of digital art. It’s an interesting direction for the whole event space, as NFTs can make events more accessible while keeping the exclusivity and unique experience desired.

In conclusion, CoinDesk’s combination of innovative ideas, such as the implementation of the NFT gates and the multi-level rewards system, is evidence that the cryptocurrency industry is evolving. The interest in blockchain technology and the possibilities it brings are informing its direction. This development represents a considerable shift towards token-based access for the conferences and most likely in other areas of life.

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CoinDesk Makes Strides in Cryptocurrency Conferences with NFT Collection

CoinDesk Launches Multi-year NFT Access Pass for Consensus Conference

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