How Will The Blockchain Change Venture Capital Investing?

A few months later into 2017 came a very informative article from Richard Kastelein going into detail on why VCs should care about initial coin offerings. Although it raised several important points, two jumped out at me: 1) ICOs could mean the liquidation of a significant portion of venture capital investing allowing for the democratisation of the space in a way that equity crowdfunding hasn’t quite done so yet, and 2) the return on investment is significantly higher. Hence, if adopted en masse, swathes of

Personally, I think that the intersection of VC and blockchain technology will result in the coming-of-age of liquid equity-style crowdfunding for blockchain innovations at the protocol level — this is being kicked off by projects like Ethereum, Tezos, Cosmos and Filecoin amongst others, and funds like Polychain. I’m completely sold on the idea that altcoins are here to stay and VC needs to get ready for it, but it’s important to remember that despite all the hype there is still a lot of noise around these tokens and many people still don’t understand what they are, how they work and why they have intrinsic value.

Source: How Will The Blockchain Change Venture Capital Investing?