Venture capitalists make the same classic investment mistakes most investors do:

  1. Thinking they can pick winners ahead of time.
  2. A concentrated portfolio dials up the risk for investors.
  3. Follow-on investments are usually made at high valuations and further concentrates risk.
  4. Herd mentality — chasing popular deals reduces returns.
  5. Thinking that skill, rather than luck, drives returns.

Please keep in mind that almost all successful VCs (except Nick Hanauer) will vehemently disagree with this. Success blinds them to true cause and effect — they take credit for getting lucky, thinking what they do is important.

Quelle: Venture Capital Disintermediation is Coming

Upon the completion of the ‚Series A’ round, Coinsecure plans to enter the enterprise blockchain solutions space.

Delhi-headquartered Bitcoin trading platform Coinsecure announced today that it raised over $1.2 million as part of its ongoing ‘Series A’ investment round. The fund-raising round started in January this year and the exchange expects to close the round soon. The raised funds will be used to introduce Ethereum trading and upon the completion of the round, Coinsecure plans to enter the enterprise blockchain solutions space.

Founded in July 2014 by Mohit Kalra and Benson Samuel, Coinsecure launched its Bitcoin exchange on January 1, 2015. It offers algorithmic trading, a Blockchain explorer, a demo platform for users to try trading without real money, On-Chain and Off-Chain wallet services and also has a number of integrations with global partners. The company boasts that it now consistently handles over 3000 BTCs a month in terms of volume and has shown increasing volumes every month since starting operations….

Quelle: Indian Bitcoin Exchange and Wallet Coinsecure Raised Over $1.2m | Finance Magnates

Perhaps you’ve heard the term DAO (Decentralized Autonomous Organization) or one of it’s variants thrown around. To the average person, this probably sounds like gibberish. That’s unfortunate because the potential for DAOs to reshape our world is arguably even greater than that of game-changing inventions like the printing press. The topic of DAOs, like many other topics in the cypherpunk and cryptocurrency community, can evoke a discussion of nearly limitless complexity, but this article will cover only the need-to-know and most interesting aspects of this new technology. Up until a few months ago, DAOs were merely a grand idea that had not been fully implemented in the real world. One company, however, has changed that by creating the first, true DAO codebase. That company is

As Stephan Tual, Founder and COO of, puts it so eloquently on the official blog:

“A DAO is an organization that’s self-governing and not influenced by outside forces: its software operates on its own, with its by-laws immutably written on the blockchain, not controlled by its creators. DAOs are formed by groups of like-minded individuals with specific projects and goals in mind. Its identity is formed through consensus. Its authority is defined through voluntary endorsement and, ultimately, network effects.”

One way to look at a DAO is to think of it as being an artificially intelligent corporation with it’s morality strictly defined in it’s original code. Stakeholders in the DAO can decide how its capital is used, whether it be to fund little Billy’s lemonade stand or big Bob’s Presidential campaign…

Quelle: & the Democratically Controlled Code that Could Make Corporations Obsolete – Millennial Investor

The blockchain technology is one that essentially acts as a public database of all transactions taking place on its system and whose potential is yet to be unlocked.

The digital cryptocurrency world has been abuzz lately with the entry of a new player. Ethereum as a platform and Ether as the digital currency linked to it has been able to enthuse and impress a lot of people in the financial world.

Before Ethereum, Bitcoin was the go-to digital currency around the world. However, Bitcoin had its own limitations and had been in the news mostly for the wrong reasons.

Quelle: How blockchain technology can change the financial world as you know it – The Economic Times

The Ethereum blockchain is being used by Transactive Grid to log energy created by solar panels so that it can be sold to neighbors connected to the grid.

Two Brooklyn residents used the Ethereum blockchain today to facilitate a transaction that let one sell energy directly to the other.

The neighbors accomplished the exchange thanks to LO3, a green energy startup working to do to the energy industry what blockchain is already doing to banks.

LO3 co-founder Lawrence Orsini said that the exchange is designed to demonstrate how everyday people can use blockchain to facilitate peer-to-peer exchange.

Orsini told CoinDesk:

“All the projects that we’re working on are squarely focused on the emerging distributed economy, peer to peer concepts. They’re all squarely focused on distributing and decentralizing assets into communities, into people’s hands, the new economy of the future.”

A new kind of partnership

The joint effort called TransActive Grid, struck between between LO3 and decentralized applications startup ConsenSys, allowed Brooklyn resident Eric Frumin to sell excess renewable energy generated from his own solar panels directly to Bob Sauchelli, a former program…

Quelle: Ethereum Used for ‘First’ Paid Energy Trade Using Blockchain Tech – CoinDesk

Banking consortium R3CEV is building a blockchain-like platform designed to work without a central controller while still working with banks and regulators.

Consortium startup R3CEV today announced it is working on a distributed ledger that might otherwise be considered a blockchain, but which the company made perfectly clear is anything but.

Quelle: R3 Announces New Distributed Ledger Technology Corda – CoinDesk

An experiment with blockchain technology to assess its viability for future transparent transactions has been proven by Bank of Ireland and Deloitte.

David Tighe, head of innovation at Bank of Ireland, explained that the trial took place to show how blockchain technology can be used by financial institutions on top of traditional legacy systems.

Blockchain technology, which underpins emerging digital, virtual, or cryptocurrencies, consists of blocks that hold timestamped batches of recent valid transactions, which form a chain, with each block reinforcing those preceding it…

Quelle: Bank of Ireland experiments with blockchain technology

That’s Right. You Read the tagline correctly: The first fully open source, IPFS and Ethereum-based, international marketplace’s crowdsale will go live this August. It shares a lot of functionality with OpenBazaar, uses’s DAO model, and it’s built with security and privacy at the top of its feature list. The contract, Mist Plugin and description are available here. Revolutionary, right? There’s just one, tiny, little, itsy-bitsy hangup you should be aware of: It’s a Darknet market.

Quelle: First Secure DAO Web Marketplace Launches Massive Crowdsale –