Here’s what’s in store for you this week: Prominent thought leaders and organisations in South Korea and the United States are advocating for changes in blockchain and crypto regulations, and Yale University invests in a crypto fund. We’ve got thoughts from the Blockchain Review on crypto assets – a new digital asset class, as well as insights on blockchain in clean tech innovation, how the blockchain could flip Google’s ad economy, and much more. Check it out below!
Key news highlights. What’s going on in the world of Blockchain?
Why A Bill To Define Blockchain Could Be ‘Dangerous’
After a bill aimed at establishing a definition for blockchain technology was introduced in Congress, a few in the crypto community raised concerns. Here’s why a definition of blockchain could impact technological innovation and development.
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South Korean Regulators Discuss Proposals for ICO Legislation
It has been about a year since ICOs were banned in South Korea, but the government has yet to introduce a set of guidelines for them. Korean lawmakers are increasingly pushing for the regulation of ICOs with multiple bills currently pending at the National Assembly. Meanwhile, the Korean Blockchain Association has also come up with its own set of self-regulatory guidelines for crypto exchanges and ICOs. Here’s more on future directions in South Korean regulations.
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Yale Invests in Crypto Fund That Raised $400 Million
Yale University, the Ivy League school that has invested in everything from Puerto Rican bonds to timber in New Hampshire, is getting into the market for cryptocurrencies. The university is said to be one of the investors that helped to raise $400 million for a major new cryptocurrency-focused fund, Paradigm. This fund reportedly plans to invest in “early-stage” crypto-focused projects, new blockchains and digital asset exchanges. Here’s why Yale’s decision matters.
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The SEC’s Approval Of a Bitcoin ETF and the Associated Consequences
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. Read on for reasons on why crypto is here to stay.
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The latest insights, thoughts, and analysis from the Intrepid Team
Crypto Assets: Beyond Cryptocurrencies to a New Digital Asset Class
Cryptocurrencies have proliferated rapidly ever since the inception of Bitcoin and blockchain technology. Since then, a whole new digital asset class has developed which arguably represents the most significant investment opportunity since the Internet. Understanding this emerging crypto asset class is critical for the development of new businesses, smarter investment strategies and the diversification of traditional portfolios.
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Articles, white papers, ebooks, and more
Blockchain Is A Clean Tech Innovation Catalyst
The electricity grids that power our global economy are undergoing greater, more rapid transformation than any time in their history. With the rise of the Internet of Things (IoT), centralized, cloud-based supercomputing is no longer sufficient for running critical energy infrastructure for the future grid due to two crucial shortcomings. Firstly, centralized supercomputing is relatively and unacceptably insecure, with a single point of failure vulnerable to cyber or other attack. Secondly, the capacity of centralized computing is limited. Here’s why the cleantech industry should pay attention to blockchain.
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What if Ethereum Never Switches its Core Consensus Algorithm?
It’s an idea that may sound blasphemous to developers building the world’s second-largest blockchain, where plans have long been laid for a transition away from bitcoin’s proof-of-work model to a more egalitarian alternative – proof-of-stake (PoS). Yet, several mining companies have invested millions in building specialized mining chips (also called ASICs) for Ethereum, machinery that will only function as long as the network does not switch to PoS. Here’s more on why entrepreneurs continue to invest in building ASICs for Ethereum.
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The 310 BTC Challenge
This is a challenge in which 310 BTC is hidden in the picture shown on the webpage. Whoever finds the key to the coins may keep the Bitcoins. Have fun cracking the code!
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Introducing Cloudflare’s IPFS Gateway to Support Distributed Web Hosting and Serving
Currently, when a user tries to access a website from their browser, their computer tracks down and send a request to a server located somewhere around the world. The server will respond by sending back the content requested to the requester. But when the server is unavailable for some reason (e.g. natural disasters, the owner decides to take it down), the content becomes unavailable. That’s the downside of centralized hosting and the Internet as we know it. The InterPlanetary File System (IFS) that embraces the content decentralization idea aims at changing that by embracing a new decentralized version of the web. Here’s how it works!
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How the Blockchain could Flip Google’s Advertising Economy
Services such as Google and Facebook are free because users are willing to share information about themselves. You are the product, as the saying goes – platforms are incentivised to gain as many users and personal data as they can. Advertising has become the de facto economic driver of the internet, but adherence to a business model that collects personal data to be sold to third parties could change as we see models based on blockchain and tokens. Handled in the right way, tokens need not be extractive, but add value, not just to the platform but to all its users.
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Updates on what we’re up to and our upcoming events
How to Survive in the Crypto Bear Market – Blockchain Fair Asia Panel Discussion
Our Managing Director & Co-Founder, Collin Thompson, will be participating in a panel discussion with leading VC professionals at Blockchain Fair Asia 2018 (October 11-12, 2018 Manila). If you’re in Manila, don’t miss this opportunity to hear insights on challenges faced by blockchain start-ups in South East Asia and how to survive in the crypto bear market.
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Why Blockchain Technology Matters: Building Future-Proof Businesses
The drivers of business success have changed. If you’re an entrepreneur or business owner, you’ve probably noticed the business environment is a lot faster, more global, interconnected, digitized and much more competitive than in years past. Forget the hype and BS. Here’s why entrepreneurs must embrace blockchain technology.
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Blockchain Marketing Landscape Review
In our webinar series with Hubspot, Collin Thompson discusses what’s going on in the blockchain and ICO industry & how Metabase Network is developing a global community. If you are running a blockchain company, read on for insights on how to successfully market a blockchain company and build sustainable blockchain businesses.
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Metabase Network Main Sale 1 Ends Next Week!
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3 Simple Steps to Invite Friends and Get More Tokens
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Let’s Shake up the Tech Event Industry in Asia!
We want to know what you want when it comes to events in the digital, innovation and tech space. What’s lacking? What’s awesome? Let us know here!
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Want to learn more about blockchain? Check out our new micro-site How Does the Blockchain Work, a clear and non-technical guide on how blockchain, Bitcoin, and Ethereum works, and more. Check it out.
Interested in learning from leading entrepreneurs in the blockchain world? Check out our Founders in Focus interview series on YouTube. A show where we uncover the personal stories and journeys of founders and innovators from the crypto sphere.
