Pantera Capital’s CEO suggests blockchain progress will proceed regardless of financial turmoil
The financial panorama could appear dire in the meanwhile, nevertheless it’s unlikely to have an effect on blockchain growth, in accordance to Pantera Capital CEO Dan Morehead. In an interview for Actual Imaginative and prescient on Thursday, the enterprise capitalist mentioned that he believes blockchain know-how will carry out based mostly by itself fundamentals, whatever the situations indicated by conventional danger metrics:
Throughout the first half of this yr, Pantera Capital raised about $1.3 billion in capital for its blockchain fund, with a particular emphasis on scalability, DeFi and gaming tasks. “We have been very centered on DeFi the previous few years, it is constructing a parallel monetary system. Gaming is coming on-line now and now we have a pair hundred million folks utilizing blockchain. There’s numerous actually cool gaming tasks, and there nonetheless are numerous alternatives within the scalability sector,” he added.