Spotify aquires blockchain startup

[mining1]

Spotify aquires startup  Mediachain. Link: https://venturebeat.com/2017/04/26/spotify-acquires-mediachain-to-develop-blockchain-technology-that-matches-royalties-with-rightsowners/

Who is Mediachain ? Well, they are a startup build on top of ethereum http://www.mediachain.io/

Many companies tinker with blockchain technology today, probably the top 20 crypto projects at some point were experimented on, but most projects seem to build important things on top of ETH (ethereum), wether is on public chain, private chain, or a public-private chain. Any thoughts ?

[sotoshihero]

Great! This will enhanced the Spotify services with this blockchain acquisition.  With the blockchain technology,Spotify is not left out with technology. Other fields are already using and utilizing this blockchain innovation.

[p3ppymon]

Very good news indeed!
Hopefully other major companies will follow.

[pereira4]

Spotify aquires startup  Mediachain. Link: https://venturebeat.com/2017/04/26/spotify-acquires-mediachain-to-develop-blockchain-technology-that-matches-royalties-with-rightsowners/

Who is Mediachain ? Well, they are a startup build on top of ethereum http://www.mediachain.io/

Many companies tinker with blockchain technology today, probably the top 20 crypto projects at some point were experimented on, but most projects seem to build important things on top of ETH (ethereum), wether is on public chain, private chain, or a public-private chain. Any thoughts ?

Should have bought yesterday, I knew it would pump, investors love this sort of hype. Now it looks like the hype is calming down so i'll wait for the correction to happen to get an at least mid term ETH position. Any new exciting news on the horizon that could make the price pump anytime soon??

[Cormier]

What I am afraid of is that major companies or rich people start buying start-ups while they do not even know what it is and how it could be beneficial to them, to be fashioned, and that it leads to a bubble like the dotcom bubble...

[masterychef]

Is this the reason for the sudden huge upturn for ether?
Or something to do with SEC?

[mining1]

@pereira4, there are too many important news to try and paste specific ones for you. Just read ethereum's reddit. Also some important news are on ethtrader aswell, although, as the name suggest, discussion there is more price/hype oriented.
So, read the last 50 ethereum's reddit pages if you wanna read important stuff.

@masterychef curent eth's bull run doesn't have anything to do with SEC, unless it gets approved and another bull run starts. SEC isn't even news compared to what's happening in the ecosystem nowadays.

[NoiseBoy]

My thought is that the most successful Ethereum start-ups will be like this--launching independently then gobbled up by larger corporate entities--and they won't be ICOs. There's a reason a start-up can get professional level venture capital funding. Much of the value VCs add to their investors is the due diligence & post-investment support they offer. (Incidentally, that's basically cofound.it's business model, so hopefully they can get up and running quickly, and raise the bar for ICO launching.

[mining1]

Well, one ICO that will most likely be a huge success will be BAT ( basic attention token) by Brendan Eich ( founder of mozilla and inventor of javascript language ). This is a very solid projects. Ofcourse, there will be hundreds of good projects, but you were talking about ICO's. Also coinbase's application similar to WeChat is really interesting as of late.

[Omega Weapon]

What I am afraid of is that major companies or rich people start buying start-ups while they do not even know what it is and how it could be beneficial to them, to be fashioned, and that it leads to a bubble like the dotcom bubble...

Bubbles are not always bad, the dot com bubble  accelerated the speed of the internet and it improved the service offered on it and some giants like Google and amazon emerged, so bubbles are nothing but an excess of cash on an industry nothing more.