从投资角度看区块链,该关注商业还是技术? | 巴比特产业迎新大课

周四(2月29日)晚上,巴比特产业迎新大课第五期正式开讲。课程主讲人是BlockVC创始人徐英凯,他讲授的主题是《商业投资,从投资角度看区块链:更该关注商业还是技术?》

徐英凯原供职于传统金融世界,2017年,拥有数年投资经验的他成立了区块链风险投资机构BlockVC,涉足种子投资、风险投资、私募股权投资、项目孵化等多个业务。几年来,他投出了IOST,NKN,Celer Network等全球160余个区块链项目。

他曾写过三篇《币圈大作手回忆录》,这三篇文章对从业者了解投资人是如何做区块链项目投资的有着非常的意义。而BlockVC也经常发布投资和行业研究报告,最近,其二级策略研报还成功预言了2020年1-2月的比特币行情,并预测减半行情刚热身,二月折返跑后可见高潮。此外,其行业研究先后对比特币、以太坊和平台币等主流资产在上涨前进行了全方位的分析和研究。

以下为本节课程的内容概要,详细内容可收看课程回放:《商业投资,从投资角度看区块链:更该关注商业还是技术?》

徐英凯

 

区块链应用,有可能成为“万物互联”的基础


 

区块链有三个应用层次。

区块链1.0:货币,区块链2.0合约,区块链3.0协作。

三个应用层次又分别对应不同的应用场景。

比如,货币层面的主要应用场景是与现金相关的加密数字货币,如货币、转账、汇款和数字支付系统等。其中,最成功的应用案例无疑就是比特币。

比如,合约层面的主要应用场景包括像股票、债券、期货、贷款、众筹、保险等等。合约层面最有代表性的自然是以太坊。

比如,在协作层面的主要应用场景包括了像身份认证、公证、仲裁、审计、物流、医疗鉴定、投票等。这些应用具备了超越当前货币、经济和市场的效率和协作作用。

可以想象,如果上述场景一一落地,那么,作为底层的区块链技术无疑就成为了未来“万物互联”时代, 最基础的技术。

 

区块链生态有个“黄金圈”,三大趋势已不可逆


 

我们如何看区块链的产业生态?它分三层。

区块链生态

▲图片来自课程PPT


最核心是区块链技术,它包括公有链、联盟链等等,这里是通用协议的竞赛场。

然后是分布式应用,比如上面提到的像交易的清结算、支付交易、供应链溯源等等。

最外围是区块链金融基础设施,包括像芯片设计、经纪商、资产托管、资产管理等。

这个生态圈的发展,预示着,区块链技术发展是个不可逆的过程,它有三大趋势。

第一,加密资产作为新兴另类资产,已经成为传统机构资金的配置工具,比如,比特币成为全球经济风险中表现最出色的避险工具。

第二,分布式应用不断涌现,分布式金融(DeFi)是区块链商业化的落脚点,如支付、清结算、保险等场景开始落地。

第三,区块链技术将成为全球金融基础设施创新的重要手段,这包括像DCEP和Libra的出现,它让全球性的金融设施变得更容易布局。

 

加密货币未来展望:“减半行情”与牛熊周期共振


 

比特币历史上经历两次产量减半,在时间维度上均位于比特币牛市主升浪当中,减半前后往往伴随着波动率的短时放大。

比特币从总量恒定,不生息等特性看,具有大宗商品的特点,根据决定商品价格的供需理论,减半会造成比特币日常供应减少,供给曲线左移会导致价格上涨可能性增大。

在投资领域,BlockVC认为DeFi将在未来大放异彩,而在商业化落地场景中,更加侧重以股权投资的方式进行参与,青睐能带来实际业务转化和商业落地的项目。

 

以上为第五课,徐英凯直播授课内容中约30%的亮点精华,如果你想知道徐英凯更多的投资方法,以及他对2020年减半行情的判断,可订阅收看课程回放:《商业投资,从投资角度看区块链:更该关注商业还是技术?》

下期,云象区块链创始人黄步添讲讲述《创新突破,创业公司如何突破,顺势拿下行业先机?》,课程请收看请点击:马上听课

2月25日-3月2日,每天晚上7点-9点,巴比特主编汤霞玲、蚂蚁区块链首席解决方案架构师马世韬、数字资产研究院副院长孟岩、云象区块链创始人黄步添、微软全渠道事业部首席创新顾问徐玉涛、BlockVC创始人徐英凯、上海高级金融学院实践教授胡捷等七位大咖倾囊相授。来《巴比特产业迎新大课》我们一起学习。

The BCH Question: How to Recover After $30M Hack and Mining Tax Row?

What can I do to prevent this in the future?

If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Why a Hedge Fund’s Attempt to Usurp Twitter CEO Jack Dorsey Could Hurt Crypto

Yesterday, it was revealed that an activist hedge fund has intentions to remove Twitter’s CEO, Jack Dorsey. Crypto, interestingly enough, could be negatively affected by this move.

Hedge Fund Seeks To Oust Twitter CEO, Jack Dorsey

While Jack Dorsey has made his love for Bitcoin and crypto a big part of his personal brand over the past few months, he is first and foremost the chief executive of both social media platform Twitter and leading fintech firm Square.

Dorsey’s leadership position at Twitter may soon end — if a hedge fund has its way that is.

According to a Bloomberg report citing “people familiar with the matter,” the pro-crypto executive may soon be replaced because of Elliot Management Corp, an activist hedge fund, taking a sizable stake in Twitter.

The sources explained that this stake allows Elliot to nominate some of its people onto the board of directors, potentially giving them the capacity to move to replace Twitter’s incumbent CEO, which some have criticized in the past for simultaneously operating two companies.

May Harm Crypto & Bitcoin

As crazy as this may sound, this move could hurt Bitcoin’s and crypto’s prospects moving forward.

BTSE’s marketing director Lina Seiche shared the below headlines on Saturday, showing that Elliot Management in 2018 described crypto assets as “one of the most brilliant scams in history.”

Indeed, as Business Insider reported on the matter, the fund told clients in a letter that “cryptocurrencies are nothing except the marketing power of inventors, financiers and others who love the idea of buying a black box.” They went on to bash crypto assets as not just a bubble” and “not just a fraud,” marking one of the most “brutal takedowns” of Bitcoin and its ilk from a Wall Street company.

This is relevant to the potential removal of Dorsey from the office of Twitter’s CEO as the company has seemingly shown intent on implementing features that may revolve around Bitcoin.

If Elliot Management, with its anti-crypto skew, manages to put someone else in the seat that Dorsey currently resides in, Twitter’s potential attempts at integrating crypto will likely be canceled.

Dorsey Still Entrenched At Square

While Dorsey’s position at Twitter is at risk, he seems to be perfectly entrenched as the CEO of Square, which just posted an “upbeat earnings forecast,” as MarketWatch put it.

This is important because crypto, due to Dorsey’s support of the cryptocurrency and the surrounding ecosystem, has become core to Square’s operations; 50% of the company’s revenues (though only 2% or so of its profits) were derived from the sale of BTC through Square’s Cash App. 

Also, the fintech company has its own crypto division, which just recently released its first product: The Lightning Development Kit that should make using the Lightning Network, a Bitcoin scaling solution, that much easier.

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