Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Jones: 65 registered hedge funds are raising for crypto allocations in 2017

Mike Jones · 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc · Aug 28, 2017 · at 11:33

Mike Jones, co-founder of Science Inc. and Science Blockchain, highlights growing institutional interest and new fund formation in the crypto ecosystem in August 2017.

0:00 / 0:09exact quote · 9.6s
720p mp4 · rendered on demand · StarZero watermark
“In fact, I believe this week there was an article released that showed there were 65 pending registered hedge funds that were in the process of completing their raises to move dollars into the crypto market,”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Mike Jones

Prediction Didn’t hold up
Jones predicts traditional LPs will move capital into crypto by late 2017
“And I believe that we're seeing, within months, this third phase of wealth moving into crypto, which will be traditional LPs and investors finding managers they trust, like us, to basically move large amounts of exposure into crypto. And that will, you know, c…”
Mike Jones Aug 28, 2017 ▶ 12:01 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Prediction Not checkable as stated
Jones: Most ICOs will fail, but surviving tokens will be extremely valuable
“I don't think it's going away. I certainly believe there will be tons of these ICOs that will fail, and their token value may also fail, but I think there'll also be winners, and those winners will be really valuable.”
Mike Jones Aug 28, 2017 ▶ 15:17 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Prediction Not checkable as stated
Jones: Tokenization and ICOs will fundamentally change early-stage venture capital
“It is going to change venture. I mean, it has changed venture. It's just, if I look at my investing activities over the last six months since we've been participating in this, it's changed the way I think about equity and the way I think about early stage comp…”
Mike Jones Aug 28, 2017 ▶ 15:46 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Prediction Held up
Jones predicts Bitcoin's price will exceed $4,000 by August 2018
“I'm confident it will be above.”
Mike Jones Aug 28, 2017 ▶ 25:28 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Prediction Held up
Science Blockchain token holders directly receive tokens from incubated startups
“If you're a qualified US investor, and you happen to own or buy one of our tokens, and you have it then sitting in your, you know, Ethereum qualified wallet, what that means is over time, as we incubate businesses, and if those businesses also run their own to…”
Mike Jones Aug 28, 2017 ▶ 7:31 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Prediction Not checkable as stated
Jones: A Filecoin ICO failure will not destroy the broader crypto market
“I don't believe in that binary nature. I think that the ICO slash irrevocable token transfer vehicle that we're witnessing right now has applicability in lots of areas... If they aren't successful, I don't believe that will pull down. I mean, it may have a fin…”
Mike Jones Aug 28, 2017 ▶ 21:48 20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.