Advertisement
AD

Main navigation

Error message

  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3061 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('VC firms are acutely aware of the potential of Blockchain to transform our world. While many companies will build solutions; which ones will succeed?
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    
    Two venture capital firms, Andreessen Horowitz (Andreessen) and Union Square Venture (USV) may have cracked the formula of how to make future bets on Blockchain. &nbsp;Both have been investing in <a rel="nofollow" target="_blank" href="https://cryptocomes.com/what-is-bitcoin-network-value-to-transactions-nvt-ratio">blockchain-based technologies and cryptocurrencies</a> since 2013, according to CB Insights.
    
    Factors Fueling Growth in Blockchain Market Cap
    
    The demand for blockchain technology solutions is expected to increase rapidly due to the growing adoption of its distributed ledger technology. <a rel="nofollow" target="_blank" href="https://cryptocomes.com/blockchain-video-streaming-as-ecosystem-of-value-exchange-cryptocomes-talks-to-verasity">Global blockchain market size</a> is expected to grow to 7.6 bln by 2022 from 411.5 mln last year, according to a <a rel="nofollow" target="_blank" href="https://www.prnewswire.com/news-releases/blockchain-market-worth-76837-million-usd-by-2022-664409363.html">report</a> from Research and Markets.
    
    <a rel="nofollow" target="_blank" href="https://cryptocomes.com/hike-in-blockchain-investment-signals-long-term-growth-for-bitcoin-cryptocurrencies-report">card</a>
    
    Factors fueling the exponential growth of the <a rel="nofollow" target="_blank" href="https://cryptocomes.com/coinbase-acquires-earncom-for-whopping-100-mln">Blockchain market </a>have been the rising cryptocurrency market capitalization rates and initial coin offerings combined with the benefits of processing transactions, the report says.
    
    VC Investment Trends To Watch: Decentralized Apps
    
    Investors have been pouring funds into decentralized applications (dApps). &nbsp;
    
    <a rel="nofollow" target="_blank" href="https://cryptocomes.com/cryptokitties-is-coming-to-iphone">CryptoKitties,</a> a decentralized app crypto-collectible digital cats raised $12 mln Series A at the end of March. &nbsp;CryptoKitties, <a rel="nofollow" target="_blank" href="https://cryptocomes.com/lively-ico-environment-sees-ethereum-comeback">built using Ethereum,</a> are digital pieces of content that are unique, have a fixed number that someone can own, buy, sell, trade. &nbsp;USV described CryptoKitties, as digital collectibles that could not have existed before the emergence of Blockchain.
    
    The company said in its blog post:
    
    <blockquote>
    “We think digital collectibles and all of the games they enable will be one of the, if not the first, big consumer use cases for blockchain technologies.”
    </blockquote>
    
    Andreessen recently invested in Dfinity a startup that plans to create a decentralized cloud capable of competing with<a rel="nofollow" target="_blank" href="https://cryptocomes.com/week-of-wins-ethereum-and-ripple-impress-cardano-iota-nem-skyrocket"> Ethereum and other smart contract platforms</a>. The company received &nbsp;$61 mln in Feb. and intends to use them to incentivize developers to build on its cloud, according to CB Insights.
    
    <a rel="nofollow" target="_blank" href="#-cash-price-breaches-1000">card</a>
    
    Startups Taking on Bitcoin
    
    USV’s 2018 investments target cryptocurrency startups like Algorand and Chia that are capable of building products that take direct aim at the existing limitations of Bitcoin. Algorand, a startup which is <a rel="nofollow" target="_blank" href="https://cryptocomes.com/hike-in-blockchain-investment-signals-long-term-growth-for-bitcoin-cryptocurrencies-report">building a high-speed blockchain-based payments protocol</a> raised $4 mln in its seed funding round in Feb.
    
    Chia is a new cryptocurrency, which garnered $3.4 mln in seed funding at the end of March. The company says it uses a more energy-efficient mechanism than Bitcoin’s Proof of Work. While Bitcoin has a much more substantial market presence at this time; these companies are poised to challenge<a rel="nofollow" target="_blank" href="https://cryptocomes.com/beta-version-of-lightning-network-released-for-bitcoins-mainnet"> Bitcoin’s new Lightning Network</a>, experts say.
    ') (Line: 1086)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3064 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('VC firms are acutely aware of the potential of Blockchain to transform our world. While many companies will build solutions; which ones will succeed?
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    
    Two venture capital firms, Andreessen Horowitz (Andreessen) and Union Square Venture (USV) may have cracked the formula of how to make future bets on Blockchain. &nbsp;Both have been investing in <a rel="nofollow" target="_blank" href="https://cryptocomes.com/what-is-bitcoin-network-value-to-transactions-nvt-ratio">blockchain-based technologies and cryptocurrencies</a> since 2013, according to CB Insights.
    
    Factors Fueling Growth in Blockchain Market Cap
    
    The demand for blockchain technology solutions is expected to increase rapidly due to the growing adoption of its distributed ledger technology. <a rel="nofollow" target="_blank" href="https://cryptocomes.com/blockchain-video-streaming-as-ecosystem-of-value-exchange-cryptocomes-talks-to-verasity">Global blockchain market size</a> is expected to grow to 7.6 bln by 2022 from 411.5 mln last year, according to a <a rel="nofollow" target="_blank" href="https://www.prnewswire.com/news-releases/blockchain-market-worth-76837-million-usd-by-2022-664409363.html">report</a> from Research and Markets.
    
    <a rel="nofollow" target="_blank" href="https://cryptocomes.com/hike-in-blockchain-investment-signals-long-term-growth-for-bitcoin-cryptocurrencies-report">card</a>
    
    Factors fueling the exponential growth of the <a rel="nofollow" target="_blank" href="https://cryptocomes.com/coinbase-acquires-earncom-for-whopping-100-mln">Blockchain market </a>have been the rising cryptocurrency market capitalization rates and initial coin offerings combined with the benefits of processing transactions, the report says.
    
    VC Investment Trends To Watch: Decentralized Apps
    
    Investors have been pouring funds into decentralized applications (dApps). &nbsp;
    
    <a rel="nofollow" target="_blank" href="https://cryptocomes.com/cryptokitties-is-coming-to-iphone">CryptoKitties,</a> a decentralized app crypto-collectible digital cats raised $12 mln Series A at the end of March. &nbsp;CryptoKitties, <a rel="nofollow" target="_blank" href="https://cryptocomes.com/lively-ico-environment-sees-ethereum-comeback">built using Ethereum,</a> are digital pieces of content that are unique, have a fixed number that someone can own, buy, sell, trade. &nbsp;USV described CryptoKitties, as digital collectibles that could not have existed before the emergence of Blockchain.
    
    The company said in its blog post:
    
    <blockquote>
    “We think digital collectibles and all of the games they enable will be one of the, if not the first, big consumer use cases for blockchain technologies.”
    </blockquote>
    
    Andreessen recently invested in Dfinity a startup that plans to create a decentralized cloud capable of competing with<a rel="nofollow" target="_blank" href="https://cryptocomes.com/week-of-wins-ethereum-and-ripple-impress-cardano-iota-nem-skyrocket"> Ethereum and other smart contract platforms</a>. The company received &nbsp;$61 mln in Feb. and intends to use them to incentivize developers to build on its cloud, according to CB Insights.
    
    <a rel="nofollow" target="_blank" href="#-cash-price-breaches-1000">card</a>
    
    Startups Taking on Bitcoin
    
    USV’s 2018 investments target cryptocurrency startups like Algorand and Chia that are capable of building products that take direct aim at the existing limitations of Bitcoin. Algorand, a startup which is <a rel="nofollow" target="_blank" href="https://cryptocomes.com/hike-in-blockchain-investment-signals-long-term-growth-for-bitcoin-cryptocurrencies-report">building a high-speed blockchain-based payments protocol</a> raised $4 mln in its seed funding round in Feb.
    
    Chia is a new cryptocurrency, which garnered $3.4 mln in seed funding at the end of March. The company says it uses a more energy-efficient mechanism than Bitcoin’s Proof of Work. While Bitcoin has a much more substantial market presence at this time; these companies are poised to challenge<a rel="nofollow" target="_blank" href="https://cryptocomes.com/beta-version-of-lightning-network-released-for-bitcoins-mainnet"> Bitcoin’s new Lightning Network</a>, experts say.
    ') (Line: 1086)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

Blockchain Market Watch: Which Startups Are Top VC Firms Investing In?

Advertisement
Fri, 20/04/2018 - 23:53
Blockchain Market Watch: Which Startups Are Top VC Firms Investing In?
Cover image via U.Today
Read U.TODAY on
Google News

VC firms are acutely aware of the potential of Blockchain to transform our world. While many companies will build solutions; which ones will succeed?

Advertisement

Two venture capital firms, Andreessen Horowitz (Andreessen) and Union Square Venture (USV) may have cracked the formula of how to make future bets on Blockchain.  Both have been investing in blockchain-based technologies and cryptocurrencies since 2013, according to CB Insights.

Factors Fueling Growth in Blockchain Market Cap

The demand for blockchain technology solutions is expected to increase rapidly due to the growing adoption of its distributed ledger technology. Global blockchain market size is expected to grow to 7.6 bln by 2022 from 411.5 mln last year, according to a report from Research and Markets.

card

Factors fueling the exponential growth of the Blockchain market have been the rising cryptocurrency market capitalization rates and initial coin offerings combined with the benefits of processing transactions, the report says.

VC Investment Trends To Watch: Decentralized Apps

Investors have been pouring funds into decentralized applications (dApps).  

CryptoKitties, a decentralized app crypto-collectible digital cats raised $12 mln Series A at the end of March.  CryptoKitties, built using Ethereum, are digital pieces of content that are unique, have a fixed number that someone can own, buy, sell, trade.  USV described CryptoKitties, as digital collectibles that could not have existed before the emergence of Blockchain.

The company said in its blog post:

“We think digital collectibles and all of the games they enable will be one of the, if not the first, big consumer use cases for blockchain technologies.”

Andreessen recently invested in Dfinity a startup that plans to create a decentralized cloud capable of competing with Ethereum and other smart contract platforms. The company received  $61 mln in Feb. and intends to use them to incentivize developers to build on its cloud, according to CB Insights.

card

Startups Taking on Bitcoin

USV’s 2018 investments target cryptocurrency startups like Algorand and Chia that are capable of building products that take direct aim at the existing limitations of Bitcoin. Algorand, a startup which is building a high-speed blockchain-based payments protocol raised $4 mln in its seed funding round in Feb.

Chia is a new cryptocurrency, which garnered $3.4 mln in seed funding at the end of March. The company says it uses a more energy-efficient mechanism than Bitcoin’s Proof of Work. While Bitcoin has a much more substantial market presence at this time; these companies are poised to challenge Bitcoin’s new Lightning Network, experts say.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD