After the long post on my future vision and tokenisation, and after a number of good conversations of twitter (thanks @polemitis and @pascalbouvier) today a more focused post on what the value proposition of fractionalisation has to be for investors so that fractionalisation will take off.
This episode is the first of my Consensus interview episodes where I am discussing with some of the people I met at the excellent networking event what they got out of the conference, and what they thought of the virtual format. In today’s episode we have Lourdes Miranda from Miranda FinIntel Consulting, Harrison Wright aka “The Blockchain Recruiter”, and John McLaughlin, CEO of McKurz Capital.
Apparently there is a “non-paper” circulating by the European Union that addresses future crypto regulations. I haven’t seen it yet (please send it my way if you have it) but there are some details in CityAM [1].
As Business Insider reports [1], Sequioa Capital just closed a $14m funding round in the AI-based stockpicker, aka roboadvisor Vise [2]. This ties in nicely with my 10 year vision for fractionalisation blog from Saturday [3], and it is in some ways the other shoe dropping from the Charles Schwab fractional share trading story I talked about a few weeks ago [4].
Today’s story [1] is about a Reddit user who claims to have lost 40 ETH ($8,000) by sending it to the wrong address [2]. This is unusual because in principle addresses should have a checksum [3,4,5] but it is a real problem with the ill-designed ENS [6]. This leads us to a discussion of Prof Schuster’s paper on same related difficulties in the securities token space [7].
So Consensus Distributed is over, and it was great, in particular the Zoom networking part. The networking was so good in fact that I decided to establish regular networking open hours.
I am just coming out of a week of Zoom meetings at Consensus 2020 aka Consensus Distributed and it really helped me clear up my ideas about tokenisation and fractionalisation. So first of all, shoutout to everyone who took the time to network with me – you were awesome.
