THE FEATURE SPECTRE Creators Seek VC Backing for Blockchain-Free Cryptocurrency "Respectable." In an age where millions are able to be raised in minutes, is there a new premium on being able to win VC investors by selling good-old-fashioned equity? That's the argument put forth by the researchers behind a planned cryptocurrency based on the SPECTRE protocol, revealed to the world today. Created by a team of Israeli researchers, the unnamed project believes it could have raised millions on the open ICO market. But when it came time to push their research (in an experimental way that would remove the blockchain structure altogether, mind you) they're indicating they have no plans to take a novel route. So, is this another sign of a bubble about to burst? Perhaps not. After all, there are still advantages to raising from a global pool of investors, in a way such that the ICO offers. But it does say something deeper about human nature and our need for all things analog. As with the MP3, records didn't so much as go away, but rather created a vibrant second market for those who wanted the "real" thing. Perhaps it's naïve to think the token market will evolve differently. | |
0 Comments