Hey readers. I'm Phil Rosen, writing to you from midtown Manhattan, where I've attended a handful of events the last two days for NFT NYC. Across cocktail parties and dance floors, everyone here is bullish on tiny digital images that range from apes to stick-figure drawings.

This time a year ago, Jodee Rich, the founder of NFT NYC, told me he wasn't sweating crashing token prices, and that the event could eventually be the South by Southwest of NYC

I'm not sure if I'd describe it the same way. 

But I do know that I've yet to see any invites to a yacht party this week, even though I boarded several oversized boats when I last attended.