- 3Beats
- Posts
- A Peek into the Dynamic Future of Blockchain and Web3 Communities | 3Beats Weekly 💡
A Peek into the Dynamic Future of Blockchain and Web3 Communities | 3Beats Weekly 💡
Experience the excitement and innovation at Consensus 2023, where blockchain enthusiasts unite to celebrate cutting-edge technology, forge meaningful connections, and shape the future of the industry.
Get ready for a thrilling installment of 3Beats, your ultimate destination for captivating stories and perspectives from the Web3 universe and beyond.
It's Wednesday, and we've got some zest for you this week:
🚀 Consensus 2023: A Peek into the Dynamic Future of Blockchain and Web3 Communities
And, as always, we offer you a rapid overview with our 3Bytes section, highlighting the latest happenings in the World of Web3 this week.
Consensus 2023: A Glimpse into the Vibrant Future of Blockchain and Web3 Communities
Experience the excitement and innovation at Consensus 2023, where blockchain enthusiasts unite to celebrate cutting-edge technology, forge meaningful connections, and shape the future of the industry.
What started out in 2015 as a 500-guest gathering in New York put on by CoinDesk amid what can be considered the first crypto winter has grown into a 15,000-attendee technology conference.
(Around 5,000 down from the 20,000 attendees that showed up in 2022.)
Welcome to Consensus.
This conference aims to bring people from all corners of the blockchain industry together as an all-around event, showcasing and highlighting everything from NFTs, Web3, DeFi, the Metaverse, to Regulation.
Held in Austin, Texas since 2022.
Why Austin? Why Texas? And why is that even relevant?
Austin is quickly becoming a hub for the blockchain industry. In 2022, for instance, a resolution was approved to direct the city manager to explore possible use cases of cryptocurrency to benefit Austin and its residents. This was done to figure out what would be required for the city to accept Bitcoin or other cryptocurrency payments for city services.
In June 2022, the Texas governor signed the Virtual Currency Bill, which recognizes the legal status of virtual currencies, offering individuals and businesses a legal environment for crypto investment.
Texas is also one of the nine states in the US with no income tax. In addition to cheap electricity for mining, Texas provides a generally crypto-friendly business climate. Not trying to sell Texas to you. Just painting a picture here.
So, back to Consensus. What went down in 2023?
In contrast to NFT NYC or ETH Denver, most side events at Consensus were within walking distance from one another, which created much more manageable logistics. It was not uncommon to run into people you knew or had met earlier while scootering or walking from one side event to another. This brings me to the next point. Most side events were outside. There was an explicit backyard BBQ feel to about two-thirds of the events outside the main conference hall at the convention center.
3Bytes is our shortlist of random Web3 news, quotes, ideas, and of course - humor:
The U.K. opened its plans for regulating the crypto sector for public comment back in February.
On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from crypto.
The increase in customer crypto assets comes as PayPal ups its crypto offerings
And that’s a wrap for this week! Moving forward, we'll hit your inbox on Wednesdays.
We’re always looking for more interesting founders to interview! If you want to chat, email [email protected] for more info.
Learn more about us at 3beats.xyz
Follow us on twitter - @3beatsmedia
Follow us on Instagram - @3beatsmedia
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.