NFT​.NYC expects a “diverse and eclectic audience” to drive the utilitarian narrative of NFTs

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NFT.NYC, one of the largest non-fungible token (NFT) events of the calendar year, is gearing up to open its doors for a fourth year, celebrating the diversity of NFTs across sixteen industries, including art, cinema, sports and ticketing.

Held June 20-23, the successful event will serve as a global melting pot for all who are anyone in the NFT world, featuring 1,500 speakers through panels, talks, fireside chats and hundreds of pop-up events. Attendance figures are expected to rise from 5,600 last year to over 15,000 this time around.

UKTN spoke to NFT.NYC Co-Founder and VP Growth, Jodee Rich and Quinn Button respectively, as well as Web3 entrepreneur Michael Litman, to learn more about their expectations for the New York event. They also discussed how current market conditions could impact the momentum of the NFT movement and the artistic conversations it cultivates.

With a conscious focus on prioritizing community desire over brands or businesses, the NFT.NYC team selected 221 emerging international artists from an application pool of 5,000 to display their work in Times Square. Billboard and throughout the Marriott hotel.

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After the event, these artists will have the opportunity to UKTN their work for whatever price they choose and keep 75% of all revenue generated from primary and subsequent sales. Specific details on the purchase have yet to be announced.

Speaking about the ubiquitous community of NFT fanatics expected to converge on The Big Apple, Rich proudly shared that it’s a “very diverse and eclectic audience”:

“Our goal is to give the community a voice. That’s what we wanted to do from the start. We are not a celebrity chasing event, we want the community to feel like this is a place where they can be on stage and talk to the rest of the community.

This single-minded intention to empower young people and passion with a platform is perhaps most aptly exemplified by the introduction of Unconference – an impromptu, unscheduled stage welcoming all guests for a ten-minute slot to share their thoughts. and their visions of space.

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Related: We’ve seen mainstream adoption of NFT art kick off in 2021, says NFT.NYC co-founder Cameron Bale

Ether (ETH) is arguably the most important asset in the NFT space, but is precariously holding the $1,200 price level at the time of writing, having already fallen 35% for the week.

This drop had cascading consequences on price floors and buying sentiment for major NFT collections – notably profile picture projects – plunging the space into its first bear market.

Speaking about the potential impact this fortune could have on the overall narrative, Rich was keen to express that art is the main utility of NFTs, and that his enthusiasm remains for the connections and friendships that will be formed during the process. event, especially for example those during casual moments in casual conversations online and between speakers on the same stage.

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Quinn Button, vice president of growth at NFT.NYC, agrees with the assessment that countless use cases for utility will be showcased across industries, highlighting music as to look at :

“I think an interesting use of NFTs will be how it will disrupt the music industry, whether it’s royalty rights, merchandise, or generating new revenue streams to really connect musicians. to their fans.”

NFTs for Good have seen a rapid acceleration into the spotlight this year, particularly in support of Ukraine’s humanitarian relief efforts and cultural diversity programs.

At NFT.NYC, topics in this area such as sustainability, mental health and wellbeing, and philanthropy will be highlighted through a total of 28 panel discussions and talks at the Edison Ballroom South hosted by Chingari June 21-22.

UKTN reporter Rachel Wolfson will host a 15-minute fireside chat on June 22 titled: “Breaking the boys’ club culture in crypto: How NFTs are bringing women into the Web3” at the Edison Ballroom Hand.