The success of NFT.NYC 2021

Both the NFTs and the New York City’s importance in the world of crypto are definitely on the rise.

While in 2019 NFT.NYC conference drew only 460 attendees, this week they were 5000, including some big names like Quentin Tarantino, Beeple (the artist behind the most expensive NFT ever), Wikipedia founder Jimmy Wales, rapper Busta Rhymes or Reddit cofounder Alexis Ohanian.

The event highlighted one of the reasons why people spend millions on pixelized Jpegs in NFT form – they allow to identify with a community. Cryptopunks or Bored Apes Yacht Club (who actually hosted a party on a Yacht) are one of the examples, and the digital nature of NFTs allow all sorts of incentives to be dropped to the NFT owners.