The Blockchain’s Innovation Conference, we talked in Amsterdam with Gys Hough, of Coinstone Capital. In the interview, we talked about the cryptovaluta such as bitcoin and ethereum, and why, and if they have a place in an investment to earn money.
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How would you like your business described?
“You should be able to see it as an open-end fund, which focuses on the tokenizatie and blockchainprojecten. It is a combination of the cryptocurrencies and the tokens (such as bitcoin and ethereum) and stocks and shares. We have a long-term vision, and to see what is out there in the next few years are going to be done.”
“We have seen a lot of change in the public blockchains, and, therefore, we look to the utility of tokens. Our foundation is a combination of equity and / or tokens.”
“However, it is also very important to take into account the degree of liquidity of the token, because it is an open-end fund.”
Who are your customers? That traditional, family-run businesses, or institutional funds?
“Yes, yes, there are individuals, family run businesses, but also to all the partners. This is to make sure that if there is a way to show that there is more of interest to come from smaller institutional investors, is that they are just for us to be able to come.”
“They need to have the same service as they would with any other fund managers in different asset classes.”
You are about custodianships (and the taking into custody of assets-ed.)?
“Yes, yes, we’re working together with an Austrian company, and we can develop a fund solution. And we’re going to have the same solution, to which the Swiss banks.”
“It also allows for the use of the blockchain technology and the six-eyes principle. It is not something that is done as a procedure that would allow the government to follow, but it is part of the hardware is to be programmed.”
“This will help us to be the most secure way to solve this problem is to continue to offer it. But this is also a very quick way to get access to the funds they have for an exchange if that is to happen.”
“It’s a combination of safety, security, and opportunity for the fund to manage it in a responsible way. This is different from the current cold storage technique.”
If we are to go to your portfolio, look, this is very, very good. You can also actively take action?
“The purpose of the portfolio is to stay ahead of the adoption curve. The way we see the blockchaintechniek is that it is a good use case, should be combined with the token and economics. In addition, there are a number of external factors such as the networking effect may be to promote.”
“We’ve seen it with bitcoin, and we saw the same with ethereum. Out of these coins, in order to have these terms and conditions have not yet been seen, but what we do see is that there is a huge development going on with the use cases.”
“We can see that the next step is the networking effect of the most active, it will be in the blockchains that make it possible for groups of people to together to be able to go to work (as in an ecosystem, eds.). And, then, in such a way that they will have to be promoted and be supported by the token and economics. Geographical distance, but all of a sudden is no longer a problem.”
“So, to your question: token economics, and the use-cases are the main focus. And we have to manage these funds in a semi-active, in order to make sure that it has a certain value, it continues to hold in spite of the fluctuations in the market.”
You might even have a few of the names of the projects that you keep an eye on?
“A project that has been around for a very long time, our favourite, is the Augur. It is based on the fact that it is an all-powerful, the blockchain is. It is also, in a certain way to be sustainable. The token is in within this blockchain is fully utilized.”
“As a follow-up project, it is MakerDAO. It must be due to a number of forks, and the phases go on, but it will be very interesting to see what happens with the blockchain that can be done in the field of finance.”
“It is well worth a visit. In the world of interoperability is regulated is very important. You will have the opportunity to make some blockchains for specific functions, and the rules and regulations to comply with, then, is of special interest. You can also have different types of functionality, and a split to the different blockchains.”
“One-fourth interest in the project, it is Etherisc, but it has yet to come. It is about a decentralized insurance system. They have two great products to have problems in the aviation sector, and with the weerschade to solve the problem.”
You have been registered with the AFM. How can the investment have to say? Are they high risk?
“Yes, it is definitely an investment with high risk. We will see that this is a assetklasse (cryptocurrencies, ed.). at the moment it is born, and it was stormig, and there will be ups and downs. There is, however, more volume and more professionalism in the market.”
“There are acceptable risks and there are risks that are unacceptable. Due to the dilligence and the different processes in fund management (including KYC and AML), we offer our range of protect protect it to unacceptable risks.”
“The levels of acceptable risks that are a part of the game, and we should then handle it well.”
From minute 9 to talk to Hough continue to have the problems that they have encountered in the country to be registered. From a minute to 12 we will talk more about the evolution of the internet, intranet, and the position of the private sector and open to blockchains.
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