Ten31 Launches: A New Bitcoin Venture Capitalist Firm
Ten31 is a new venture fund named after October 31, the birthday of the Bitcoin white paper. The venture fund’s ethos is tied to its namesake, with a mission to partner with, invest in, and support exclusively Bitcoin-focused companies whose mission is hyperbitcoinization.Ten31 is a new organization named after October 31, the birthday of the Bitcoin white paper. The venture fund’s ethos is tied to its namesake, with a mission to partner with, invest in, and support exclusively Bitcoin companies whose mission is hyperbitcoinization. On October 31, 2008 the pseudonymous Satoshi Nakamoto....
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Investment firm Ten31 has announced it will be supporting Open Sats and Bitcoin Q+A with grant funds sourced from its management fees.
Seetee will be the lead investment partner of Ten31 for Bitcoin-based projects, companies and founders while the two companies continue individual investments.
According to top venture capitalist firm Kleiner Perkins Caufield & Byers (KPCB), blockchain technology could soon enjoy tremendous success. This well-established VC firm in the US has been funding technologies in the IT industry and in biotechnology since 1972. So far, KPCB hasn't made any investments in bitcoin or blockchain technology firms but it could do so with its KPCB Edge fund. This seed-stage investment component was introduced last month and has a budget of $4 million. Blockchain Technology Potential. Blockchain is the public ledger of transactions associated with bitcoin. While....
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction by the central bank. Investments Flow Into Crypto Sector in India The cryptocurrency sector in India continues to attract global investors as the government continues to deliberate on how cryptocurrencies will be treated in the country. The latest round of investments went into Unocoin, one of....
Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate.
Tim Draper’s Bitcoin Price Prediction
Venture capitalist Tim Draper has doubled down on his $250K bitcoin price prediction. In a recent interview with Scott Melker, aka the Wolf of All Streets, Draper was asked if he still believes the price of bitcoin would reach $250K this year. He replied:
Yeah, by the end of this year or early next....