Bittime - Recap Consensus 2024: The meeting place for blockchain, crypto and web3 warriors, what impact will it have?
The Consensus global conference which presented so many speakers, ideas and new dialectics in future technology received great attention.
The following is a brief review of the 2024 Consensus recap and what impacts it will have.
What is Consensus?
Consensus is a large international conference that brings together various individuals and crypto, blockchain and web3 communities.
Considering the scale of the event which is so large and long, it is not surprising that Consensus has a significant influence on the dialectic of future technology regarding cryptocurrency , blockchain, and web3.
Consensus involves many parties operating in the fields of crypto, blockchain and web3 technology. Starting from developers, industry, investors, founders, to policy makers are involved in the Consensus.
Consensus 2024 is an important space to give birth to important ideas and breakthroughs in the world of crypto and web3.
Also Read: Consensus 2024: Blockchain Gathers in Austin, Texas
Recap Consensus 2024
Now let's review the 2024 Consensus recap that has been implemented. Consensus 2024 was held in Austin, Texas, May 29 - 31, 2024.
No less than 15,000 participants from individuals and cryptocurrency and web3 communities joined Consensus 2024 yesterday.
At the Consensus 2024 event, there were more than 6,800 crypto and web3 companies involved, and more than 850 investors attended.
The coverage of countries attending the 2024 Recap Consensus was no less than 100 individual countries.
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Recap Consensus 2024: Various Events
Source: consensus2024.coindesk.com
The large scale of the Consensus 2024 event can also be seen from the various event venues offered at different times and places.
Through this format, Consensus 2024 participants can choose freely which event they want to take part in. The following are details of the events in the Consensus 2024 recap:
1. Main stage
Mainstage is the main room at the Consensus 2024 event for key speakers and influential speakers in the fields of crypto, blockchain and web3.
Speakers on the Mainstage will present their ideas regarding important topics regarding technology that have relevance to the market.
2. Money Reimagined Stage
The Money Reimagined Stage is where the Open Finance Summit, State of Crypto Policy Summit, and FutureFi are held, featuring programs that examine the future of finance and investing.
3. Protocol Village
Developers, founders, investors and users will gather here to discuss the future of the most valuable, active and innovative blockchain.
There is a dedicated space called Protocol Village, as well as workshop areas for hands-on learning, skill development, and in-depth exploration of various crypto applications, tools, and technical developments in the industry.
Also Read: Transaction and Unlock 1 Billion XRP Token from Unknown Wallet
4. Gen C Stage
Gen C Stage, which hosts the Brand and Creator Summit, Gaming and Immersive Worlds Summit, and AI Summit.
Presents relevant discussions on the latest developments in NFTs , Web3, artificial intelligence and other innovative technologies.
5. Startup Village
Startup Village is Consensus' innovation hub, providing a unique platform for startups to present their innovative ideas, collaborate, and potentially secure investment .
Startup Village features a New Voices Stage and hosts the PitchFest Consensus Competition.
6. The Town Square
The Town Square is a place for the entire audience of Consensus' "big tent" to gather, discuss today's most inspiring and challenging ideas, and hear the latest announcements from the company.
7. The Gallery
The gallery presents a multi-day experience of exhibitions on the future of art, decentralized government, and connected communities.
The Gallery can certainly be an inspiration and trigger new innovations in the fields of crypto, blockchain, AI and web3.
8. Community Stage
This stage focuses on the community. Speakers and topics will cover the various communities that make up the dynamic crypto ecosystem.
9. Spotlight Stage
Hear directly from the industry's leading brands as they present new technologies, industry challenges and other important topics shaping the sector.
Also Read How to Buy Crypto:
Recap Consensus 2024: List of Warriors
Consensus 2024 presents 26 influential people or important experts in the fields of crypto, blockchain, AI and web3.
They consist of inventors, industry players, and policy makers from the government sector.
Are you curious about who the Consensus 2024 speakers will be? Here is the list:
- Robert F. Kennedy, Jr., independent US presidential candidate
- Chris Dixon, founder and managing partner of a16z crypto
- Cathie Wood, CEO of ARK Invest
- Mike Novogratz, Founder and CEO of Galaxy
- Antony Pompliano, Investor Pomp Investments
- Sergey Nazarov, co-founder of Chainlink
- Lynn Martin, President of the New York Stock Exchange
- Yat Siu, co-founder and Executive Chairman of Animoca Brands
- Jenny Johnson, president and CEO of Franklin Templeton
- Casey Rodarmor, creator of Ordinals
- Ron Wyden (D-OR), chairman of the US Senate finance committee
- Tom Emmer (R-Minn), Majority Whip US House of Representatives
- Hester M. Peirce, commissioner of the US Securities and Exchange Commission
- Brian Nelson, Under Secretary, office of Terrorism and Financial Intelligence US Department of the Treasury
- Summer Mersinger, commissioner of the Commodity Futures Trading Commission (CFTC)
- Ernest Cline, co-founder of Readyverse Studios
- Claire Silver, AI Collaborative Artist
- Frank McCourt, Founder & Executive Chairman of Project Liberty
- Nic Carter, General Manager Castle Island Venture
- Rune Christensen, co-founder of MakerDAO
- Brendan Eich, CEO of Brave Software
- Brad Garlinghouse, CEO of Ripple
- Neal Stephenson, co-founder of Lamina1
- Patrick McHenry, Congressman House of Representatives
- Bored Elon, founder of Edison
- Erika Wykes-Sneyd, Vice President of Adidas / Studio
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Impact of Consensus 2024
There were many immediate impacts felt by crypto and web3 industry players when the Consensus was held, both pre and post Consensus.
One of the most felt impacts is of course the increase in market prices for several cryptocurrencies such as Chainlink and Ripple.
Even Brad Garlinghouse, CEO of Ripple, confidently said that in the near future an XRP ETF will become a reality because it is inevitable, considering that the XRP market is also relatively large.
Also Read: PoPP 2.0 Update: Early Pioneers for the Era of Web3+AI Productization
During the 2024 Consensus, various surprising news occurred. For example, BlackRock files an updated S1 application for an ETH ETF.
Additionally, BTC futures Open Interest has reached its highest level in the last 16 months.
Some of the initiatives released almost simultaneously with Consensus 2024 include Mastercard's crypto credential pilot program going live, and PayPal expanding PYUSD to the Solana network.
What is no less surprising is the statement by Yet Siu, co-founder and Executive Chairman of Animoca Brands, who revealed that the crypto market will soon reach $200T within 10 years.
That's a brief recap of Consensus 2024. If you are interested in the discussions held at Consensus 2024, you can watch them online on the Consensus 2024 website.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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