Joint Venture Partnership $200m signed by Block.one

Block.one, the blockchain software EOSIO developer, informes about a partnership that sees creation of a new US $200 million joint venture fund, EOS Global
06 April 2018   764

Block.one today reported about a collaboration with blockchain veterans Michael Cao and Winnie Liu. That demands the creation of a new US$200 million joint venture fund, EOS Global. EOS Global will produce strategic investments in Asia-focused projects utilizing EOSIO. It is the fourth infusion of capital through Block.one’s EOS VC initiative which now totals 600m USD.

The blockchain space is a competitive one, but we are convinced that the speed, scalability and usability of the EOSIO open-source platform will enable rapid and radical innovation previously impeded by the limitations of existing protocols. We are incredibly excited to support an architecture that will drive mainstream blockchain adoption and foster new community-driven business models. 

Michael Cao, investor, founder of US blockchain mining facility
 

The new fund proceeds the advertisements of EOS VC partnerships with Finlab AG, Galaxy Digital, and Tomorrow Blockchain Opportunities.

Block.one is delighted to welcome investment from Michael and Winnie’s fund that will leverage EOSIO to catalyze the transformation of the digital assets space in Asia. EOS VC is expanding its global reach through divers partners poised to offer EOSIO projects unprecedented international access. 

Brendan Blumer, CEO, Block.one.
 

Block.one has made an initial obligation to deploy US$1 billion in partnership with heading venture capital investors to support development on the EOSIO platform. The EOS VC program suggests the funding the developers and entrepreneurs need to base community-driven businesses leveraging EOSIO.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   107

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.