Author

Topic: How Cryptocurrencies and Blockchain Startups Are Revolutionising Venture Capital (Read 316 times)

legendary
Activity: 2898
Merit: 1823
I hope that the whole of cryptocurrencies will not be regulated by the government. What will happen is it will become a playground of Wall Street and the big banks just like how it is in the bond market, stock market and all the other regulated markets. They will impose limits and laws that will impede ordinary people from taking part in it. That will block us from creating opportunities for ourselves and it will make them take and have control. I would prefer to have small scammers run their scams than have the bigger scammers regulating us.
sr. member
Activity: 252
Merit: 250
Though crypto is exciting, it still has a long way to go if it's going to compete with the likes of NASDAQ and Wall Street.
sr. member
Activity: 1081
Merit: 251
Formerly known as Chronobank, now Chrono.tech
The decentralization effects of blockchain-based cryptocurrencies are hitting the venture capital industry in more ways than one. Whereas the traditional venture capital industry is boring, the crypto-tech industry has become more exciting.

Actually, I see the two models as diametrically opposed: one is a closed market, dominated by command-and-control practices, led by a few rich people on Sand Hill Road. The other is a widely open global market where anyone can play, and where the gains and risks are more evenly distributed.

This has led to a re-thinking of how startups who are operating in the blockchain space can raise money, and it has potential implications that will revamp the relationships that venture capital firms can hope to strike with these startups.

As an investor, advisor or board member, I have been closely associated with a variety of early stage companies that are tackling the innovation explosion around cryptocurrency and blockchain-based models, and have had the fortunate insights of seeing where we might be headed.

The upcoming shifts are encapsulated in the following table, covering nine variables.

http://www.coindesk.com/how-cryptocurrencies-and-blockchain-startups-are-revolutionising-venture-capital/
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