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Venture Foundation made a profit, LinkedIn blockchain, report from Cambridge

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Venture Fund II earned 60% in a falling market, LinkedIn website notes a multiple increase in demand for blockchain specialists. The report of the school of Cambridge on cryptocurrencies.

Venture Fund II earned in a falling market

The fall in the price of cryptocurrency is not an obstacle to generating income. This was proven by a venture fund called Venture Fund II. In the first three quarters of 2018, it grew by 60%. Given that the composite index of the ten largest cryptocurrency has lost 59%.

Since the founding of the Californian company Pantera Capital, Venture Fund II was able to get more than 330%. Now they are collecting funds to launch the third venture fund of this company. Here they recognize that they are using very conservative investment strategies. This reduces the size of profitability with the rapid growth of the asset, but allows you to save capital even in a falling market.

Venture Fund II earned in a falling market

The demand for blockchain specialists has grown 33 times

Labor market research from LinkedIn, the largest network for finding business contacts in the United States, is constantly growing. In 2018 alone, the number of vacancies in new areas increased 33 times. Most of all, employers are interested in employees with blockchain development skills. They are followed by experts on Bitcoin, ethereum and Node.js.

According to the company Dappros, now most of the blockchain experts are concentrated in the United States. The second place ranking is India. It is noteworthy that the authorities of this country still have not legalized cryptocurrencies. The Central Bank introduced locked to service cryptocurrency exchanges and exchangers, which forces such companies to move to other countries in the region.

The demand for blockchain specialists has grown 33 times

Cambridge Business School Report

A report on the cryptocurrency economy that has already become traditional has been published. It is compiled by the Cambridge Business School, and provides a deep analysis of the current situation. The document is on 96 pages. Interesting facts from this document allow us to judge the prospects of the industry.

So, in the world now 139 million cryptocurrency buyers are registered. Of these, more than 35 million people passed the verification procedure. But researchers recognize that only a third of all users make active purchases on the market. The rest expect more favorable market conditions. Over the past year, the number of experts in the blockchain has significantly increased. On average, the staff of each company grew from 5 to 20 people.

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Cambridge Business School Report

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