The blockchain conference focus shifts this week to the Golden State after the crypto world descended on New York last week for Consensus 2018 and the city’s Blockchain Week. The Blockchain Law Summit will take place in Los Angeles, while San Diego will be the site of CryptoCon. Elsewhere, Ubex, an artificial intelligence advertising platform, plans to launch its cryptocurrency on the Ethereum platform.
Blockchain Law Summit 2018 to Meet in Los Angeles
Investors, legal experts and blockchain startups plan to convene in Los Angeles on Thursday at the Blockchain Law Summit.
Speakers at the one-day event include Seth Goettelman of Gould & Ratner LLP’s corporate practice in Chicago, who advises blockchain and digital currency companies, venture funds, and other investors; and Jeff Truitt, the chief corporate development and legal officer at Securrency. Formed in 2015, Securrency created the compliance aware security token concept. The conference’s goal is “to connect leading blockchain legal experts with most promising blockchain startups.” Among the event’s sponsors and partners are Coindesk, TMT Crypto Fund and Sagewise. Read more here.
CryptoCon San Diego Weekend Kicks Off Friday
CryptoCon begins Friday at the San Diego Convention Center. Speakers include Nick Spanos, founder of cryptocurrency trading floor Bitcoin Center NYC and co-founder of Zap.org, and Timothy Enneking, managing director at Crypto Asset Management. The event offers entrepreneurs the opportunity to pitch to potential investors. Read more here.
Ubex Launches Coin Offering on Ethereum Platform
Ubex, which describes itself as a global decentralized advertising exchange, plans to launch a token sale Monday morning. The Zug, Switzerland-based project is led by CEO Artem Chestov. Ubex says its goal is to “create a global advertising ecosystem with a high level of mutual trust and maximum efficiency,” according to its white paper. The company says it hopes to significantly reduce advertising commissions by eliminating middlemen and automate the interaction of advertisers’ offers and publishers’ websites.
Notes from Last Week
Last week, a large portion of the blockchain world descended on New York’s Hilton Midtown hotel to participate in Consensus, the industry’s event of the year. This year’s conference served as the centerpiece of New York’s first Blockchain Week, which ran nine days ending May 19.
At consensus, big technology companies like Microsoft were highlighting their interest in blockchain, participants discussed what it will take for consumers to adopt decentralized apps, and regulators from multiple nations expressed support for blockchain while also stressing the need for good rules. There was also a spirited debate about the role of blockchain in the enterprise between ConsenSys’ Joseph Lubin and Blockchain Capital’s Jimmy Song.
Cryptocurrency prices slumped during Consensus, defying bitcoin (BTC) bull Thomas Lee’s prediction the event would cause bitcoin to rally. Lee, the co-founder of Fundstrat, acknowledged his bad call on Friday.