Bitcoin Forum

Economy => Economics => Topic started by: scrivenorr on August 09, 2018, 10:23:59 AM



Title: Jake Ryan: We’re continuing to look at crypto-collectibles & non-fungible tokens
Post by: scrivenorr on August 09, 2018, 10:23:59 AM
Investment funds play not even the last role in the blockchain industry. Sometimes they even set the trends for the whole cryptocurrency market.

BASE.INFO (https://base.info) has interviewed Jake Ryan (https://base.info/person/jake-ryan) who is the General Manager at Tradecraft Capital (https://base.info/company/tradecraft-capital).

https://storage.base.info/source/generated/news_banner_584_1.png?v=1533809261

Please share your thoughts about the future of your fund in the blockchain world?

At Tradecraft Capital, we’re taking a “goldilocks” approach to investing in cryptoassets (i.e. not too hot, not too cold, just right). We think the risk profile of trying to venture invest in the very early stages of some of these crypto projects through ICOs is too risky or too hot. Most of the projects completing ICOs don’t have a product yet built let alone any product-market fit. We’ve already heard that more than 46% of ICOs from just 2017 have failed. So, we just don’t see the risk-adjusted return there. We also think the passive approach of investing in the top 10 largest cryptoassets is too cold; there’s just not enough upside for the risk taken. Instead, we’re looking at cryptoassets that would be considered “mid-cap” as they have a network value (market cap) of between $100m - $2b. These are projects that have some traction and some recognized growth, but still have plenty of upside. They are projects that are more than just copies of open-source blockchain projects; they are the next-generation cryptoassets that much of the latest blockchain infrastructure will be built upon. We see this approach as providing the best risk-adjusted returns in the blockchain space.

Read the whole article by link https://base.info/news/extended-tradecraft-capital-interview


Title: Re: Jake Ryan: We’re continuing to look at crypto-collectibles & non-fungible tokens
Post by: GangNamSK on August 16, 2018, 03:35:57 PM
This report is very attractive, and interesting. It shows the solutions and directions for investors. And especially what to do to limit the risks of the market. Actually this is a very good link for anyone who needs to find out about the market.