Linda Xie (Scalar Capital) discusses data reflecting the shift in crypto fundraising toward private presales over open public ICOs in 2018.
Opinion
Xie: Very few crypto projects actually need to conduct token sales
“So a very, very few times is it reasonable, in my opinion, to do a token sale. There's a lot of really great projects that can do decentralized applications or create their own blockchain or whatever, but they don't actually need to do a token sale. They can j…”
Insight
Xie: Privacy coins must have mandatory default privacy to work
“So I essentially think that it needs to be mandatory privacy if you're going to actually have a privacy coin. If it's ever if it's ever optional, you get looked at if you're starting to use a privacy feature, like why are you using this privacy feature? Do you…”
Prediction Not checkable as stated
Xie: Decentralized apps are 3 to 5 years from mainstream adoption
“I think my time span is just a little bit short and maybe like three to five, but I think that there's a lot of scaling issues that need to be solved before anything can go mainstream.”
Opinion
Xie: US security tokens belong under SEC regulation, unlike governance tokens
“If something straight up looks like a security token and you're issuing it in the US, I think that rightfully falls under the SEC regulation.
So I do believe in compliance, and that's actually something I really like about this new protocol, Harbor Protocol, w…”
Assertion Not checkable as stated
Xie: Bitcoin is very easy to trace via counterparty metadata
“And so Bitcoin is very easy to trace and a lot of people give information away about other people. So even if you're being really smart and someone transacts with you, they give away, away information about you.”
Prediction Not checkable as stated
Xie (2018): DEXs and digital collectibles will go mainstream within three years
“Yeah, the two ones that I think will go mainstream are decentralized exchange and probably gaming, something along the lines of collectibles.”