How Ibiza’s most prominent nightclubs are jumping on the crypto trend

cointelegraph.com:

While it may seem counterintuitive initially, the crypto market has much to offer to nightclubs and festivals. The symbiosis between these two ecosystems is already unfolding in Ibiza — a Spanish island known for its nightlife and electronic music events in the summer.

Ibiza aims to become a crypto island by embracing the Web3 trend. It aims to connect local artists, nightclubs and festival operators with a global audience and educate the community on the benefits of blockchain.

Local nightclubs and venues are looking to leverage blockchain to create unique experiences. Ibiza has already recorded several NFT milestones in its history, starting with the Amnesia Ibiza NFT Medallions in 2021, which will give lifetime VIP access to the Amnesia club, followed shortly by DJenerates Klub, the first NFT collection immortalizing the iconic figures of the electronic music world and superstar DJs such as Blond:ish, Carl Cox, Jamie Jones, Luciano, Maceo Plex, Paul Van Dyk, Ricardo Villalobos, Sven Väth.

Source: KlubCoin

Last year, major nightlife brand The Night League also unveiled its vision to transform Ibiza into an “NFT Island” during the clubbing season. The brandpartnered with the Party Degenerates NFT community. Holders of Party Degenerates NFTs have enjoyed exclusive access to some The Night Leage events.

To demonstrate its Web3 ambitions, Ibiza also hosts IbizaNXT, an annual conference that brings together Web3 thought leaders and experts. Last year, the conference hosted international speakers discussing essential blockchain trends, including Web3, the Metaverse, nonfungible tokens (NFTs), decentralized finance (DeFi) and crypto cities. In 2024, Ibiza will host the Blockdown Ibiza conference, a festival focused on exploring