Crypto Pioneers Head to Brooklyn to Reshape Finance
- Bushwick, Williamsburg neighborhoods sprout cultural ferment
- Employees followed Ethereum guru Joseph Lubin to borough
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The building looks abandoned, but inside the graffiti-covered door, 200 workers tap at laptops with the goal of reshaping the world.
The employees of ConsenSys Inc., the blockchain startup co-created by Ethereum guru Joseph Lubin, have taken over the space at 49 Bogart St. in the Bushwick neighborhood of Brooklyn, New York. Inside its brick walls, they hope to develop new technology to decentralize and democratize a host of things, including the way we record real estate deals, track art ownership and pay people for work. Outside the walls, they’ve helped transform the neighborhood in a way that’s reminiscent of precincts in London, San Francisco and Hong Kong.