Blockchain allocates $ 50 million in order to invest in cryptocurrency startups – Breaking News

Blockchain.com, well known for their wallet and blockexplorer, it is a fund of $ 50 million has been launched to invest in start-ups.

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Sam Harrison leads a fund

Yahoo Finance reported on Wednesday on the news, and took two of the sources, who confirm that, Sam Harrison, from the Blockchain to the fund’s results.
The LinkedIn profile of mr. Harrison’s, to see that he was, in July of 2018, when Naschain Ventures, and has been, and that he is also the co-founder of the Blockchain Ventures is. Under the Blockchain Ventures, fall, Origin, Protocol, Coindirect, Sliver.tv, Nodle and DappRadar .

Ad revenues increase

Blockchain is particularly due to advertising on their platforms. A logical next step is to count the number of business units, to expand the advertising revenue and to increase it. Peter Smith, the CEO of Blockchain, said recently, at the Fortune that they have only been advertising it on their blockexplorer six figures a month in ad revenue.” An example of a new business, it is The seed, which is a crypto exchange. Said to be the fastest exchange in the world.
Nicole Sherrod, head of trading products in the Blockchain, said that ” The Pit, “While the other cryptobeurzen engines that are acting in milliseconds (one thousandth of a second), to be carried out of The Pit, the work of a microsecond (a millionth of a second.”

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The big names are investing

Blockchain is one of the first cryptobedrijven, and it is also mentioned, and praised, in his book Digital Gold (highly recommended). The company was founded in 2011, and it was from the beginning, all backed by notable investors including Roger Ver, a Digital Currency Group is Barry Silbert, Lakestar, and Google Ventures. The company reached in 2014, all of 30.5 million u.s. dollars. Three years later, there are still 40 million dollars.

Airdrop is not a success

Last year, the company is in the news because of an airdrop. An airdrop means that you are free to use coins to get. Free of charge sounds very good but you have to know what to do, which is to identify with the identification card. To do this, did you get from the Blockchain, and Stellar for $ 25, to XML be deposited into your Blockchain.com wallet. At the time, would be Stellar to 125 million dollars in the XML book.
You could be the conclusion to draw is that the airdrop is not successful, there is not a single airdrop has been on the Blockchain. Had to have the airdrop effect on the market price of the XML?

Check price Stellar

With $ 50 million can get you in a lot of start-ups to invest in it. We are curious to find out what brands and companies will be added to the portfolio Blockchain.com.

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