CoinDesk Unveils Multi-Year Consensus NFT Access Passport

CoinDesk Unveils Multi-Year Consensus NFT Access Passport

The utility of Web3 conferencing was once undisputed. However, things have changed in recent years. High ticket prices, poorly curated installations and less than inspiring panels have left many dissatisfied.

The consensus is things have to changeand Consensus has answered the call (pardon the pun).

Curated by CoinDesk, Consensus is one of the biggest annual events in crypto and Web3. And it looks like the event team is evolving considerably for the 2023 iteration. Today, CoinDesk announced a series of partnerships aimed at creating a token-gated experience for the event. It is centered around Microcosms – an NFT collection that will give holders three years of pro-pass access to Consensus and a multi-tiered reward system that unfolds from 2023 to 2025.

Microcosm explained

For quite some time, NFT tickets have remained the underdog of the NFT market. While some of the world’s biggest music festivals have begun experimenting with this type of ticketing, Web3-centric events outside of music’s main stage have remained relatively untapped. With Microcosms, CoinDesk hopes to change this.

Each holder will receive a unique piece of generative art created by a Brooklyn-based artist Fahad Karim. Speaking to nft now, Sam Ewen, head of CoinDesk Studios, noted that the art was conceived and created alongside the tool. “The art itself unfolds over a three-year arc to match the three-year access rewards accompanying the airdrops,” he explained.

The project was created in collaboration with Art Blocks Engine, TokenProof and Passage Protocol. Through this partnership, the team says it aims to bring real value to those “invested in the future of the blockchain and Web3.”

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The collection contains 1000 pieces, which will cost 1.5E each.

Interested in collecting a Microcosms NFT? You will automatically get a Pro Pass in your wallet for Consensus 2023, 2024 and 2025. Apart from that, you will get access to different incentives corresponding to different levels of rarity. “Aside from the annual ticket to the show, which everyone gets, the access rewards have their own quirks and are randomized and dropped every year for the next three years,” Ewen explained.

In 2023, rewards include things like a speaking slot at Consensus, a booth on the show floor (a $19,500 value), a hotel stay, 25 Infinite Objects, and a lot more.

Microcosms hold rewards and benefits
An overview of rewards and benefits for Microcosms holders. Credit: CoinDesk

Moving beyond the ordinary

Microcosms gives Consensus participants much more to enjoy and experience than what is usually found at the event. But the effort is most notable because it speaks to the company’s larger commitment to Web3.

Instead of running a standard event with standard tickets, they are experimenting with Web3-based technologies that can be used to increase utility and value and deepen relationships with their community. After releasing the $DESK social token in 2021 to foster similar levels of utility and engagement with its readers, this latest move may just be the next logical step.

To learn more about the vision behind CoinDesk’s blockchain-powered conference, and to create an NFT from the Microcosms collection, visit the official coin page here.

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