This is one in a series of Saxon Advisors Spotlight pieces, in which we examine a key trend or market and its pertinence to the cryptocurrency industry. In this article, we shine a light on crypto’s trillion-dollar Achilles heel — user experience.
Today in crypto, there is a spectrum of financial services available that challenge the status quo. Take peer-to-peer borrowing and lending marketplaces as one example. Think of this like Airbnb, where, instead of renting out your room, you’re renting out some of your savings to borrowers in return for interest. …
We advise reading and understanding Part 1 before tackling this article.
There is still much confusion and scepticism about the importance of the “crypto component” in blockchain systems. We plan to tackle these issues head-on here by breaking down the innovation in a way that makes it easier for institutional investors to understand.
The structure of this post is as follows:
Disclaimer: This post is not about Bitcoin…
In this two-part article you will learn:
The cryptocurrency industry rightly has its fair share of sceptics.
Whilst many innovations experience “growing pains”, few can lay claim to enabling international drug trafficking, the loss and theft of people’s assets and the precipitation of one of the largest bubbles in human history.
Unsurprisingly, “crypto” has become a dirty word.
A large percentage of the population dismisses the industry and brand it as illegitimate, and those curious few that investigate it often reach a conclusion along…
Institutional investors have a fiduciary responsibility to understand the funds and assets that they invest in, underwrite the risks, and conduct proper due diligence.
Crypto is a unique space in that there is currently little consensus on what crypto really “means”, how projects should be evaluated and what crypto-assets are worth. Besides that, there is a degree of obscurity on the best investment strategies, fund structures, and legal handling.
If a potential capital allocator is to ask various crypto “experts” the same set…
This article is part of a series I’ve been writing primarily for VCs (venture capitalists) that are considering crypto and its role in their fund’s strategy.
In our previous article, we discussed how venture capital had become the dominant source of financing in the crypto markets. We explored ways in which investors are widening their exposure to decentralised protocols by resorting to more traditional funding strategies (equity and, to some extent, convertibles) as a means to minimise execution and market risk during the very early phases of protocol development.
However, does growth in equity investment suggest that traditional tech VCs…
This is the first in a series of articles, where we break down the crypto venture capital market. The series has been written primarily for tech VCs (venture capitalists) that are considering crypto and its role in their fund’s strategy. Though we, of course, welcome engagement from all stakeholders within the crypto and venture capital arena.
Many predicted that 2019 would be the year that crypto-assets would ‘grow up’ and that ‘institutional capital’ would begin to enter the industry. While ‘institutional capital’ is a broad term, encompassing a wide variety of actors (pension funds, endowments etc.), this article focuses solely…