Running A Successful Bitcoin Company Does Not Necessarily Require VCs
It is impossible to deny the financial returns VC-backed companies can achieve in a few years. Companies who run an ICO in the Bitcoin world usually see far less returns, but the tokens are tradeable across exchanges. The Bitcoin and blockchain sector heavily relies on investments from VCs. But as it turns out, the venture capital approach can cause quite a few issues for companies as well. There is a right and wrong approach to dealing with VC funding when push comes to shove. Enterprises taking the wrong approach will find themselves at a significant disadvantage. In the end, it all....
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Since its founding in 2013, ShapeShift has gained popularity because of its speed and privacy. Despite its success, little was known about the company or the people behind it. Now, though, the exchange has announced the true identity of its founder and CEO: Erik Voorhees, prominent Bitcoin entrepreneur. In addition to this news, ShapeShift annoucned that it raised £525k (563,745 USD) from Barry Silbert and Roger Ver. “Why the mystery? The goal with ShapeShift was this: build a service that was safe and trustworthy by design, not by faith in the creator,” wrote a ShapeShift spokeswoman.....
The CNMV will require advertisers to report ten days before running ads targeting 100,000 people or more. Spanish financial regulator Comisión Nacional del Mercado de Valores, or CNMV, announced new regulations for crypto-asset investments advertising. According to the new circular that will take effect on February 17, 2022, crypto ads must be “clear, balanced and fair” while also providing sufficient information on the risks involved when investing in crypto.The new rules also require advertisers targeting 100,000 people or more to inform the regulator 10 days in advance. After the....
Startup accelerators usually rely on major companies or financial institutions to sponsor their everyday operations. While this traditional business model may work out for a certain period of time, it is not sustainable in the long run. Sooner or later, a startup will join the accelerator and offer a product that is in direct competition with the....
For the third day running the Bitcoin price has been skimming along the top of the descending trendline that has now entered the upper $460 price level. With a confluence target defined at $460, both time and indicator capacity are running out. Bird's Eye View. It's a golden rule of the market that analysts should keep to the straight-and-narrow of objectivity and refrain from speculating about what market action may occur in days and weeks to come. Uncovering the technical indications hidden in a chart cannot be said to be a scientific endeavor because analysis necessarily relies on the....
The NewsBTC team recently caught up with CryptoGames to discuss find out what the company is all about. Here goes... First of all, tells little bit about what CryptoGames is all about. CryptoGames is a gambling website for playing Dice and Slot machine game. Every player can play with multiple cryptocurrencies, such as Bitcoin, Litecoin and Dogecoin. We're offering provably fair and secure algorithms. The bitcoin space is growing fast, where do you see CryptoGames fitting into the overall infrastructure? Currently, we're somewhere in the middle, but we're improving things on daily basis.....