In June 2018, CryptoStrikers made cryptocurrency headlines when it was announced that it will be the first startup to be supported by Status Incubate, the startup assistance program by the Status blockchain.
Decentralization is a common term thrown about by authors, builders, and crypto enthusiasts alike.
But what is decentralization? It is not merely a concept that is confined to one sector, it applies to all aspects of life from policy making to economics. Decentralization is the elimination of a central party that has full control and access over a network.
While that was proven to be correct with multiple projects and decentralized applications (DApps) originating from Ethereum within a few months of its launch, not many could have seen it coming that those projects and DApps would themselves be able to serve the same purpose as Ethereum in the future, albeit for different sub-segments.
It is an established fact that the investments from initial coin offerings (ICOs) are known to be more popular and prominent in the blockchain community.
In fact, despite the many controversies and the numerous dead projects that have resulted from ICOs in the past, the number of ICOs conducted in 2018 so far has already surpassed the total number of ICOs conducted in the year of 2017.
The increase of investments in the cryptocurrency industry has paved the way for new business models to come forward. While most of them focus on ventures that cause investors to buy and hold more cryptocurrencies, some of them have been looking into the possibility of doing the opposite.
The notion of privacy is a prevalent force within the cryptocurrency community.
Whether someone is a seasoned trader or a new holder of cryptocurrencies, the right to keep their transactions private from the view of the entire blockchain and possibly from the extensive vision of the authorities is something that most users advocate for actively.
As wonderful as trading in cryptocurrency can be, there is some drawback as well.
It is a well-established notion that funds converted to cryptocurrencies are not as liquid as traditional assets.
And that is the problem which BitShares intends to solve.
Orvium is a project that seeks to bring an open sourced and decentralized hub for the publication and dissemination of scientific knowledge. If it is successful, it will become the first framework for scholarly publications that manage their lifecycles and associated data within a decentralized structure.
Simply put, Orvium will provide a haven for readers and academics alike by improving the space with various features and intended use cases.
The exponential growth of the cryptocurrency industry automatically translates to an increasing number of solution providers that are attached to this sector.
While this promises the existence of new businesses and in turn better solutions for the end users, it also means a more saturated space for said startups, who find themselves in a highly competitive environment. Anything they do could be easily outshone by the next provider, making their own growth a very difficult feat to achieve.
The stock market and cryptocurrencies have some stark similarities between them – mostly pertaining to public behavior towards these segments.
For those savvy or brave enough, the stock market has historically proven to be an interesting and potentially rewarding medium of money management.