Venture capital’s ICO gambits left Bitcoin ecosystem underfunded – Adam Back By Cointelegraph
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Initial coin offerings (ICOs) may have hampered the development of the ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.
Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with Cointelegraph’s Joseph Hall at the Lugano Plan B Summer School in Lugano, Switzerland.
Continue Reading on Coin Telegraph
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© Reuters.
Initial coin offerings (ICOs) may have hampered the development of the ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.
Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with Cointelegraph’s Joseph Hall at the Lugano Plan B Summer School in Lugano, Switzerland.
Continue Reading on Coin Telegraph
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