• CoinDesk’s Consensus conference draws 8,500 attendees this year.
  • The ticket sales alone raised $17 million dollars!
  • A ticket to the cryptocurrency conference on Bitcoin and blockchain technology costs $2,000.
  • The three day conference started on Monday at New York Hilton Midtown.

The overwhelming popularity of this year’s Consensus conference is attributed to the cryptocurrency surge that took place in the latter half of 2017.

Ronnie Moas, head of independent market research firm Standpoint Research was heard saying –

“It is a bit chaotic in here. I think they sold too many tickets…Everyone is here. A lot of the top 100 crypto names are here. The developers are here”

Last May, the attendance to the conference amounted to a total of only 2,700 attendees; three times less than this year’s. When you compare the attendance to the 400 attendees in 2015, the implications are mind-blowing.

A last minute ticket pricing of $3,000 as opposed to a regular $2,000 did not deter many attendees. Ronnie Moas paid $2,999 for his ticket to the conference. The ticket sales itself drew in $17 million dollars in revenue for the conference.

The surge in attendance explains the hour-long line that formed outside the Hilton in New York.

Jacob Donnelly, director of marketing at CoinDesk apologized for the delay, and stated that they will work to reduce the wait in the future. Consensus 2018 has turned out to be the biggest blockchain-focused event ever held in the U.S., and the conference has had an overwhelming public response this year.

There are 20 more events scheduled around Consensus as part of the “Blockchain Week NYC”, an event that has partnered with the New York Economic Development Corporation.