Through his Rockaway Blockchain Fund, Viktor Fischer is investing $ 100 million into technologies that one day will be the foundation for the financial world of the future. “We’re changing the world from Prague, and I like that,” says the CEO of the successful blockchain fund.
Bitcoin is being spoken of with increasing frequency in connection with a certain precious metal. And thanks to blockchain technologies, one can invest in it directly in a relatively decent manner. There are two main innovative roads one can take – tokenized or synthetic assets. Let’s take a closer look at how blockchain technology and gold are interrelated.
Forbes Magazine put a daring declaration on the cover of its October edition: “Cash is King”. That surprised me, and so I decided to have a look if that’s true, and what the hard data says. That’s because I remember what they taught us in school – the value of money declines with time.
To increase the amount invested into European blockchain companies and the number of European deals, Europe needs to solve 2 main barriers: A) lack of large European VCs, B) unclear and incoherent regulatory environment across EU countries.
Due to fear of uncertainty, traditional markets declined since their peak this year: S&P500 -27% and Gold -11%, as investors took out cash.
The period from 2017 to 2019 has seen a boom in ICO (Initial Coin Offering) financing. The 2,100+ ICOs collectively raised ca. $18 billion, but gradually disappeared from the Digital Assets ecosystem. On the contrary, the number of STOs (Security Token Offerings) is rising. We have seen 95 finished STOs, most of them in the US, that collectively raised almost $1 billion from 2017 to 2019. The first half of 2018 was a particularly good time for STOs. Nexo, a digital asset loan platform, raised $52M, and tZero, a security tokens exchange, raised as much as $134M. Although Switzerland and Malta are considered to be the most STO-friendly jurisdictions, 36% of all closed STOs took place in the United States.
This article’s target audience are traditional investors not familiar with digital assets. Its aim is to describe the current landscape of use cases of the blockchain technology. The language of this article is simple and avoids the use of technical crypto jargon.
Rockaway Blockchain launched preliminary registration for the Hack to the Moon event, the first event of its kind in Prague. Teams of hackers will work at Paralelní Polis on the weekend of 28–29 September on overcoming challenges that have been prepared by globally renowned companies: cryptocurrency exchange BINANCE, cloud platform developer OASIS LABS, communication network TOP NETWORK and MATIC, an Ethereum transaction scalability platform.
Many people in the space believe that capital formation is the next killer app of the blockchain and that Security Token Offerings will soon see similar levels of enthusiasm exhibited in ICO markets. We have noticed that Europe has been particularly active in building the necessary regulatory infrastructure.
Getting governance right is one of the biggest challenges to overcome in order to ensure wide adoption of decentralised blockchain protocols. It is important because good governance models are crucial in blockchain protocols’ ability to adapt to changing environments and preserve legitimacy of the decisions made within their ecosystems. Governance describes how decisions are made, how they are legitimised and what are the rights of the participants in the ecosystem. It is in many cases the only way in which blockchain protocols can update themselves. In order to analyse different governance models, we need to look at purposes governance models serve within an ecosystem, components the particular governance models and network actors within the ecosystem.
