
Dozens of speakers from the crypto and blockchain industry will be hosting this week’s Australian NFT Fest to talk about some of the hottest trends in the industry right now.
The list gathers 50 experts on the industry and their take on popular trends in the DeFi and crypto space, such as NFTs and the rise of blockchain video games like Axie Infinity.
The event was organised by Richelle Cox, content director of Melbourne-based digital commerce agency Honey Digital, in collaboration with Steve Vallas, CEO of Blockchain Australia. The virtual meeting is free to watch and will last from 10:00 am to 6:15 pm AEST.
Some of the speakers include Gauthier Zuppinger and Jess Ford, co-founders of NonFungible.com; Lakoz, the Aussie co-founder of the NFT collection Koala Intelligence Agency (KIA); and Caroline Bowler, CEO of Melbourne-based crypto exchange BTC Markets.
NFTs Are Red Hot in Australia
NFTs are wildly popular in Australia, and as the NFT bandwagon keeps rolling at its frenzied pace more Aussies are jumping on board.
Crypto News Australia recently reported how one Aussie made 9x his investment by flipping a piece of virtual real estate he purchased on the Pokemon-inspired Axie Infinity. Kieran Warwick, the co-founder of Illuvium, a decentralised strategy game and NFT collection built on the Ethereum network, bought a “plot” at A$300 and sold it for $28,000.
I just sold a plot of land for 28K that I bought for $300.
You think this isn’t going to be a revolution?
What happens when your kid asks for your CC to play a game and comes back with bundles of cash?
— Kieran (@KieranWarwick) July 12, 2021
A lot of money is being poured onto the NFT market in Australia. Aussie-based horseracing platform ZED RUN, for example, raised US$20 million for NFT racehorses.
However, other projects have fallen at the first hurdle. The Llama NFT platform Sollamas, for one, promised to compensate affected users after its error-plagued launch last month.
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