The 4th Annual NFT NYC Conference Kicked off on Tuesday

nft nycNFT NYC is being held across seven different venues in Times Square with over 14,000 attendees and over 300 sponsors. This four-day event is from June 20-23 and is discussing Non-Fungible Token topics like fashion, music, sports, brands, art, blockchains, film, and gaming. With over 1,500 speakers this event strives to bring together professionals, entrepreneurs, artists, and more to connect, network and grow their NFT ecosystem. This conference first started in 2019 with almost 500 attendees and now has guests traveling from all over the world to take part in this week’s events.

Each day of NFT NYC is divided into different sectors of topics and speakers with truly something for everyone. Topics discussed will include Why NFTs are important, CryptoKitties, and NFT Smart Contracts for Beginners. Best-selling author of The Business Blockchain, William Mougayar, will also be joining the event as a keynote speaker and moderator. Other speakers include Benny Giang Co-Founder of CryptoKitties, Richard Titus Managing Partner of Ark, and many more. Live events from the show are also being broadcast on the PlayStation Theater Times Square Billboard throughout the day.

Along with events taking place during the day there will be many after parties and dinner parties held to continue networking opportunities. Madonna, an NFT fan herself, will be closing out the show with a performance on the 23rd.

New York Passed a Bill Banning Bitcoin Mining Operations

Albany, NYOn Friday, New York lawmakers passed a bill banning crypto mining operations that utilize carbon-based power sources. If this bill becomes law there will be a two-year prohibition on cryptocurrency mining operations. The bill is now before Governor Kathy Hochul who can either sign or veto it.

According to Perianne Boring, the founder and president of the Chamber of Digital Commerce, this bill would make New York the first state in the country to ban blockchain technology infrastructure.

As explained in the bill, the state of New York implemented the Climate Leadership and Community Protection Act to help regulate and improve the future of the environment. Since cryptocurrency mining operations require a great deal of energy, a new section of the environmental conservation will be added. It states that new applications, new permits and the renewal of existing permits will not be approved “…for an electric generating facility that utilizes a carbon-based fuel and that provides, in whole or in part, behind-the-meter electric energy consumed or utilized by a cryptocurrency mining operation that uses proof-of-work authentication methods to validate blockchain transactions…”

Boring mentioned how the bill could have a negative impact on the economy of the state. “Bitcoin mining operations are providing high-paying and high-grade, great jobs for local communities. One of our members, their average pay is $80,000 a year.”

Boring further addressed how New York is a leader when it comes to state legislation. Whether the rest of the country is going to try and copy New York’s lead in this industry is another topic of discussion.

Others in the crypto space are not happy with the possible new law. Former executive director of the Bitcoin Foundation, Bruce Fenton, tweeted, “No government has the right to tell you what software to run.”

Vitalik Buterin, Ethereum founder, agreed with Fenton’s tweet and replied with, “The government picking and choosing which specific applications are an okay use of electricity or not is a bad idea. Better to just implement carbon pricing, and use some of the revenues to compensate low-income users.”

Web3 Comes to Web2 – Plug Your .eth Into Any Web Browser

eth.photosNow even your grandma can check out your NFT art and photos without having to know anything about crypto or web3. If your jpegs are on an ENS-linked ethereum address, then grandma or whoever it is can access them in a web browser with ease. Just type in into a browser and it will display the respective address’s recent jpegs.

Here’s an example: the username 3531.eth can be plugged into a browser as such:

It’s currently in version 1.0, but it works. The more details one set up in their ENS profile, the more biographical info it will display at the top.

No data is actually hosted within the tool. Instead it pulls data from the public ethereum blockchain to create a visual for the user. Most people would never know they were looking at NFTs or anything blockchain-based unless they were told they were.

*Admittedly, I created the tool so I am biased, but nevertheless, hopefully it makes viewing your own jpegs easy.