x
Verified on Po.et Created with Sketch. Verified on Po.et

East Meets West: Asian Crypto Fund Panel at Distributed 2018

by

        Panelists Jason Fang of Sora Ventures, Zhen Cao of JLab, Jehan Chu of Kenetic and Bril Wang of the Cardinal Pitch Club.
Panelists Jason Fang of Sora Ventures, Zhen Cao of JLab, Jehan Chu of Kenetic and Bril Wang of the Cardinal Pitch Club.

At Distributed 2018, the first-ever flagship blockchain conference hosted by BTC Inc. and held in San Francisco, experts and entrepreneurs from various fields gathered for panel sessions and fireside chats, going into detail on specialized sectors of the blockchain industry. In line with one of the conference’s major themes of “East Meets West,” one such panel featured four crypto fund managers with deep ties to the Asia – U.S. markets.

For this discussion, Jason Fang of Sora Ventures, Zhen Cao of JLab, Jehan Chu of Kenetic and Bril Wang of the Cardinal Pitch Club gathered to discuss some of the most pressing concerns facing crypto funds, especially those regarding international regulations. The four of them displayed a diverse range of advice for those interested in crypto investment, discussing such topics as the trend of initial coin offering (ICO) launches and angel investors.

A large proportion of the discussion, however, was related to an issue at the heart of the decentralized economy: potential troubles that arise from running global companies that operate in many jurisdictions. The managers discussed everything from trepidation on the part of the U.S. Securities and Exchange Commission to reasons behind a lack of interest in crypto investing in China.

The video of the panel in its entirety takes a well-reasoned look at these markets and can be found with others from the conference on Distributed’s YouTube channel.

Distributed 2018 was an event of BTC Media, the parent company of Bitcoin Magazine.


Recommended

Bitcoin Price Analysis: New High Paves Potential Reversal Setup

Bitcoin finally broke a new high but was rejected immediately, setting us up for a reversal called a “Swing Failure Pattern.” The failure to close above the new high could mean the a liquidity run took place for large institutions to short the market.

Bitcoin Schmitcoin

Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies

Revolut users can automatically exchange “fiat currencies, such as the US dollar (USD) to ether (ETH) or bitcoin (BTC), to XRP,” and vice versa, based on a predetermined target rate.

Jimmy Aki

Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread

Bitcoin broke short-term support on high volume and high spread. The support came on the heels of a week-and-a-half-long consolidation within a narrow range.

Bitcoin Schmitcoin