Why we will invest over 250k SGD in blockchain R&D projects over the next 3 years
We at No Limit are watching Blockchain already very closely since early 2016. Its potential is great but for all its potential the ecosystem needs great and motivate people. Recently through all the ICO hype, Vitalik mentioned that only 10% of the ICOs will actually survive and deliver value to the ecosystem. I must say it might be even less optimistic with this number, but time will tell how it will turn out and who will be able to build a sustainable businesses or solve hard problems with their foundations R&D budget.
Another important is what we monitor every day is how every individual country is either trying to regulate, banning or doing nothing at all yet certain ICOs/Cryptocurrencies. But trying to forbid something like Bitcoin is easy to say, but simply impossible to do.
We have experienced so many great things with SocialX a decentralized social network – our own project which we dedicated a lot of resources the next few years to give back the power to the users a sneak peek of the intro video can already be seen here. From great talents to solving really hard problems. I hope in the future every company dedicates a certain budget to blockchain R&D within its own corporate structure, startup or one man show. Once you understood that this could be a real paradigm shift in the next few years, you understood that you should be one of the early adopters solving all the problems we have but in a decentral, trustworthy environment where monetary value can be exchanged instant without big fees worldwide. Many of you might not know the difference between Bitcoin or Ethereum for example, but that is not a big issue at all – but once you dedicated some time to check out following video it should be clear for you. Recently there was also the Devcon3 in Mexico, where all the newest update of Ethereum and Vitalik his plans are revealed. We will cover this in a own web post for all our members and partners.
In the future we will further cover a few problems we solved or value we delivered to the ecosystem.
Following topics is currently in our pipeline
- Running a decentral social network (socialx.network)
- Exchanging FIAT-Crypto-FIAT in Europe
- Including easy Contributions to ICOs (TBA investhub.org)
- Make purchases in real life with a debit card which is linked to a wallet
- ICO platform with overview of all current ICOs running and a crowd sourced opinion about them
- Providing a platform/framework and further input what it needs to create, scale and secure an ICO
- TBA http://initialcoinofferings.ch
- TBA initialcoinoffering.mt
- TBA initialcoinoffering.at
- TBA initialcoinoffering.kr
- TBA initialcoinoffering.tw
- TBA initialcoinoffering.tokyo
- TBA initialcoinoffering.hk.cn
- TBA securitytokenoffering.li
- TBA securitytokenoffering.sg/
- Provide advisory to other startups with potential solving a real problem and provide a lot of value to the blockchain ecosystem / community
Stay tuned and join our Slack if you are interested to get to know more about the first club of location independent entrepreneurs.