Consensus 2024 experience: Ethereum and ETF are in the dark, AI and DePIN are in the spotlight

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jk
3 months ago
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Fewer people, but higher quality.

Original|Odaily Planet Daily

Author: jk

Consensus 2024 experience: Ethereum and ETF are in the dark, AI and DePIN are in the spotlight

From May 29 to 31, 2024, Coindesk, a well-known American Web3 media, held the Consensus 2024 conference in Austin, Texas, and Odailys North American reporter went to participate.

As one of the worlds largest and most influential cryptocurrency and blockchain industry events, the Consensus conference brings together developers, investors, founders, brands and policymakers from all over the world. This conference not only provides a platform to showcase cutting-edge technologies and discuss industry trends, but also provides an excellent opportunity for industry insiders to communicate and cooperate.

The first conference since the bull market

This Consensus Conference is the first industry conference since this round of bull market. Previously, due to the approval of Bitcoin ETF and the surge of Bitcoin from $50,000 to $70,000 during ETH Denver, the entire industry responded fully to the bull market in the past few months.

Although the number of participants this time has decreased compared to previous years, the overall quality has improved significantly; judging from the on-site communication, the participants are more professional, the discussion content is very in-depth, and the communication effect is more efficient. The number of newcomers who have no knowledge of the blockchain industry or students who come to learn has been greatly reduced compared to other conferences. It can be found that most of the participants this year are deep players in the industry. For companies that want to raise funds or find customers or investment targets in the United States , Consensus is still one of the top three blockchain events in the United States that cannot be missed.

The venue was not deserted, but everyone was at the Side Event

As soon as possible, the classic main venue design of last year with a main road and many small branches was adopted. The number of participants in the formal activities in the venue did not seem to be as many as last year. Even many people I met on the spot said that they did not go to the main venue much. More discussions and exchanges took place in various side events. Participants were more inclined to participate in these small and flexible events. During the four days of the Consensus event, there were about 200+ similar events hosted by various Web3 companies. These activities are closer to practical applications and cutting-edge technologies, providing more opportunities for discussion and cooperation.

In addition, the high ticket prices (student and developer ticket prices are relatively lower) are also the reason why many people did not show up at the main venue.

Consensus 2024 experience: Ethereum and ETF are in the dark, AI and DePIN are in the spotlight

Consensus side event table, source: Consensus official

AI and Decentralized Internet of Things (DePIN) are the most popular ecosystem tracks at this conference. Both technical discussions and project presentations are focused on these two areas; the most intuitive thing is that there are many activities focused on this ecosystem, while other traditional tracks such as DeFi and games have not received as much attention as before. In contrast, although Ethereum and ETFs are still discussed to a certain extent, they obviously did not receive much attention from the participants.

The number of Asian participants was very significant. Many participants flew from China to participate in this conference. Most of these people were not from well-known large institutions. They were basically founders of startups or investors of funds who came to the United States to look for financing opportunities, targets or the latest European and American funding trends. This also made this conference an international and highly diverse platform, promoting exchanges and cooperation between the East and the West.

Overall, Consensus 2024 demonstrated the depth and breadth of the industry, and provided direction for the future development of blockchain and cryptocurrency through international exchanges. This conference is not only an industry event, but also a collision and integration of the worlds top ideas and technologies, heralding a more open, innovative and decentralized future.

Original article, author:jk。Reprint/Content Collaboration/For Reporting, Please Contact report@odaily.email;Illegal reprinting must be punished by law.

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