It also differs in its strategy: Whereas Polychain specializes in investing
in other blockchain companies through what's known as an initial coin offering (or ICO)-- an investment style that has been likened to venture capital — MetaStable invests directly in digital currencies that it believes could become a new form of money.
It also differs in its strategy: Whereas Polychain specializes in investing in
other blockchain companies through what's known as an initial coin offering (or ICO)-- an investment style that has been likened to venture capital — MetaStable invests directly in digital currencies that it believes could become a new form of money.
«People who buy in an ICO are uncertain of how the company will spend the money and how they'll get the things they were promised,» says Singer, who was COO of cryptocurrency exchange Tradehill and started
several other blockchain companies.
Larsen also notes that
unlike other blockchain companies, Ripple's technology is intended only to facilitate one - off transactions between a buyer and a seller — not to replicate a financial database.
The most important section for investors, because, first of all, you need to know the place of one or
the other blockchain company is among competitors.
Other blockchain companies are working to make cryptocurrencies more spendable.