When cryptocurrencies appeared, it became clear that sooner or later venture investing funds would turn their attention to this field. First their attention was drawn by Bitcoin, then the accents have moved to the side of blockchain technologies and gradually concentrated on Ethereum.
Venture investment
Venture investment in this field is very perspective, and since the priorities of funds have jumped to blockchain, here Ethereum takes the lead. Bitcoin haven’t lost its popularity, but Ethereum has much wider possibilities, not only as cryptocurrency only. Blockchain-technologies can be used for the creation of autonomous corporations, and smart-contracts turn heads from the various perspectives of their using.If we take into consideration the amount of venture capital entered Bitcoin and Ethereum startups in 2015, then this year we will see several quite interesting projects. There are significant reasons to think this way, because despite the fact that many ideas are still on the stage of projecting and developing and one needs a lot of time to adjust and test everything, the feedback from investments is expected to be fast.
Following the Ethereum
Venture capital watches closely Ethereum, since its project declares the tools for app development not only in financial sphere. Evolution in the blockchain world means for venture funds that they must diversify their asset portfolio and change the investing strategies. Except this, the list of correcting elements exists, and it is constantly broadening regardless the investment.For instance, such projects as Augur have positively influenced on the Ethereum reputation. It claims to the title of the blockchain industry giant and it has the potential to shake the world. The project hasn’t yet started, but the team of developers has perfectly worked and what is already made is made excellently.
Perspective platform
So, venture capital, together with Bitcoin-oriented projects, pays more and more attention to Ethereum. Using its blockchain as the basis for various perspective projects can increase competition in the crypto-currency ecosystem, which certainly will work for its favor. It cannot but cheer those who are interested in the crypto-currency news.
© coinews