This VC has invested in encryption for a decade. He has 3 parts of advice for those who enter the market

His first advice to new expatriates is that it is the safest to choose the main cryptocurrencies that have a busy record. This will allow investors to be encoded, and benefit from its height, while also allowing them to stay away from excessive transformation and frank fraud that can come with newer projects.

“As a new participant only enters the space, it is ever safe to stick to the big names. You will not make mistakes if you invest in them BitcoinInvesting in ethereum. These projects have been present for more than 10 years at this stage, and have very firm ecosystems and systems. Brockman.

Coinfund had a good wealth to invest in Ethereum when it was only 60 cents, compared to approximately $ 4000 to be circulated for today, but his advice is still ongoing.

In the podcast, Brokerman continued that with the ripening of the encryption industry, a set of standards and handrails appeared to ensure the management of Blockchain projects responsibly. These new practices focus mainly on managing the distinctive symbol and creating incentives to align the founders and investors.

In the past, most notably during the initial mania of the 2016 ICO, the founders of the Blockchain project were hasty to sell millions of symbols to retailers – and then fail to pursue their plans, causing the distinctive symbol or completely collapse.

Today, Brukhman, responsible projects will include governance measures to protect investors and restrict the distribution of the distinguished symbol supplies over several years. 90 % of encryption projects that Coinfund chooses to support these features – which are a largely clear indication that new investors should search for these traits before putting their money.

Finally, Brokerman has shared that his fund was sending projects with unknown founders. Although this may seem clear, it is worth remembering that the original call of Crypto for many people was a new form of money that governments did not control, which protects the privacy of its users.

The most famous example is Bitcoin, founder, Satoshi Nakamoto, his identity has not been revealed to this day. Satoshi has a legendary standing almost among Crypto fans to build the first and most successful Blockchain, and for complete integrity customers – but unfortunately, it is the exception, not the rule. Subsequent projects run by unknown founders usually prove that they are fraud.

Broutcom says that Coinfund has supported the founders who manages the choices of the abstract privacy from completely openness to social media, to those who protect their identity with pseudonyms. But he says that the company always indicates the knowledge of those you deal with before investing.

He says: “From our point of view, we have never had to invest in something that had an unknown unknown founder. We have never found a legitimate where, as you know, it was extremely important to invest in it to the extent that we should bear this danger not to reveal his identity, so we did not.”

You can find the entire interview with Brukhman, as well as the first three episodes of Playbook Crypto, here.

On the new wealth Playbook Crypto Vodast, luckParking encryption experts dismantle the formation of the largest forces that make up the encryption today. Watch or listen now