London loses ground to Paris in battle for crypto conference crown

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London loses ground to Paris in battle for crypto conference crown
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London could be losing its place as a conference hotspot with Token2049 and DAS not returning to the city this year.

Michael Amar, chairman of Paris Blockchain Week and general partner at V3ntures, estimated that last week's event attracted about 8,500 people. The organizers were aiming for around 10,000 attendees but expected attendance to be somewhat impacted by the bear market and the strikes happening in Paris during the event.

"People who could attend six or seven conferences, or sponsor six or seven conferences, are back to two or three," Amar said. "When you think about conferences trying to do two locations, there's lots of respect because it's a lot," Amar said."For us, it's nine to 10 months really full-time just to produce one week of events."What's driving the success of crypto events in European hubs such as Paris and Berlin?

"NFT and metaverse is good for art, fashion and luxury, which Paris is pretty good about," Amar said.With the U.S. cracking down on crypto companies and the regulatory environment remaining uncertain, many founders are looking to other hubs such as Paris, Lisbon and Dubai, which are providing clearer guidance, Amar added.its plans for regulating crypto trading and lending.

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