Oh god, even VCs are on the blockchain now


The biggest tech buzzword of 2017 was undeniably “the blockchain,” with startups moving to distributed tamper-proof ledgers, even if they didn’t actually need to. Facebook for cats? Put it on the blockchain. The Uber of ICOs? Blockchainify it (it’s a word, trust me. Or, at least, it will be. Probably). But it’s not all nonsense. TMT Investments, an AIM-listed venture capital firm with money parked in the likes of Taxify and BackBlaze, just launched the TMT Crypto Fund. This $60 million fund aims to tap the immense amount of wealth and interest in the crypto space, and apply it to…

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Source:: The Next Web – Technology

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