There are few people who have worked in the blockchain technology space for so long and maintained such a seemingly disinterested and skeptical perspective on the emerging technology as Tim Swanson. Through numerous books and a blog, Tim has shown a knack for going out of his way to do deep market research within the blockchain space.
Cryptocurrency exchange Binance, which launched with 0% trading fees in an attempt to heat up competition among exchanges, recently announces its Q1 results and revealed that, as planned in its whitepaper, it burned 986,000 Binance Coins (BNB), worth about $1.
Recently, Slovenia’s Prime Minister, Miro Cerar, touted the benefits of blockchain technology while speaking at the Digital Slovenia 2020 gathering. Cerar notably stated that the country was becoming a well-recognized player in the world, and added that his government aims to “position Slovenia as the most recognized blockchain destination In the European Union.
When J.R. Willett invented the initial coin offering (ICO) funding model in 2012, few people took notice. The next year, he launched the first ICO, Mastercoin (now called Omni), and raised about $500,000–just five times the amount raised by the aptly-named Useless Ethereum Token earlier this year.
He says he “didn’t anticipate” how quickly the fundraising model would catch on:
“Everything I was doing with Mastercoin (now called Omni) was new and untried.
Imagine a country where you could live free without a central government telling you who to be, what to do and how to act. Roger Ver does, and he is inviting people to join him on a ground level in plans for creating a libertarian utopia.
The early Bitcoin investor and voluntaryist (someone who advocates nonviolent strategies to achieve a free society) took the stage last week at Nexus Conference, a three-day event in Aspen hosted by the cryptocurrency platform Nexus Earth, to announce Free Society, a project aimed at raising money to organize the venture.
ConsenSys, an Ethereum production studio based in Brooklyn, NY, is launching a $50 million venture arm, and it has picked Kavita Gupta to run it. Gupta’s job will be to oversee the new venture and help structure deals with the startups.
It is not uncommon for companies with investment capital to form their own investment arm. For the most part, the goal is to fund startups that could drive value for the parent company down the line.