List of Billionaires presently investing ter cryptos and ICOs – Cryptocurrencies Space
Of late, billionaires like Kik founder and CEO Ted Livingston, former hedge fund manager Michael Novogratz, serial entrepreneur Mark Cuban, and investment mogul Tim Draper, have made business decisions involving blockchain-based currencies.
A trend among large-scale investors suggests a growing faith ter supuesto currencies.
The activities of thesis business tycoons speak to the efficacy of using potencial currencies spil a means to store value, diversify assets, and build marketplace-changing platforms.
Livingston has made very public plans to create a development space called the Kin Foundation, which will utilize an Ethereum-based token for disbursement of value, possibly disrupting how advertising disenfranchises smaller developers. Ter conversation with ETHNews, Livingston voiced his desire to permit individuals to provide value to each other through a collective cryptocurrency .
Similarly, Cuban dipped his toe into the token suggesting sphere when he announced his intentions to participate ter the ERC20 token generation event for UnikoinGold. Cuban, who has invested ter products that include a swivel-free, self-balancing scooter and a myriad of other products pitched on the popular television program Shark Waterreservoir, seems to have a knack for following trends. The moves Cuban makes tend to be backed by a vision of mass adoption for the product or service he determines to waterput his contant behind. His decision to stake his reputation by endorsing an Ethereum token may be an indication of its worth and mainstream acknowledgment.
It is widely reported that Novogratz, no stranger to investment strategies and market analysis, speculated that the cryptocurrency market could be worth $Five trillion te the next five years. Novogratz cautiously poised himself, eyeing the advantage of a price spike te both Ether and bitcoin , and took profits before the ensuing dip. Even after this, Novogratz says he still has around Ten procent of his netwerk worth te cryptocurrencies.
While it remains uncertain spil to what the market will do te the future, the activities of billionaires, who have made fortunes investing and have waterput a significant portion of their time and wealth into the emerging ecosystem, suggest an as-yet-unrealized value ter aparente currencies.