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Ethereum More Valuable than We Can Imagine: To Reach $1,000 Co-Founder of Aragon

“Only two startups out of 130 are building Blockchain-inpired products” acoording to Coinbase co-founder Fred Ehrsam as stated in Y Combinator Demo Day 2017.

It is very publicly known right now how the request for blockchain technology from even major global technology companies and industries has climbed and increased greatly for the last few years.

Companies like Visa, Microsoft and IBM that are multi-billion dollar tech-related conglomerates and financial services are developing and currently hiring blockchain developers to implement decentralized structures in the particular existing network.

There are a lot of Money Makers but few Blockchain Tech Talents

Based on what Aragon co-founder (an Ethereum startup that gather over $30 million in 1.5 minutes using initial coin offering (ICO) Luis Cuende stated, there are not many Blockchain developers that have not reached the title of a millionaire yet.

The easiest way lately was ICO, through which BlockTech Devs could rasie money in an open market and engage with global ranged investors in a very short period of time.

“I don’t know any good Ethereum developer that isn’t a millionaire, and it’s only a matter of time before it will become a gold rush among developers to learn the technology,” said Cuende.

Ethereum Value is much Higher than what we Anticipate – Will be Reaching $1,000!

On Cuendes eyes – Ethereums native token Ether, will be climbing mid-term to $1,000.

“I thought it was expensive one year ago when it was at 13 dollars, but today when I see the possibilities created by the technology, I think it’s cheap. I believe Ethereum will be worth $1,000 in a couple of years,” he added.

Raising capital to support their projects was never easier for startups and developers than with ICO offerings which for them would be an excellent concept.

Internally and outside, using ICO you can valuate the software that is being crafted within the project in real-time on how investors respond to it.

For instance, the market cap of Blockchain startups that successfully conducted their ICOs including EOS, TenX and IOTA can be publicly accessed on cryptocurrency market data and analytics platforms such as CoinMarketCap.


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About author

Writer, EthereumWorldNews | samquinn@ethereumworldnews.com - Sam is an electrical engineer with years of passion writing for subjects that target or approximately do, his field of study. Now he is a full time writer for the team of Ethereum World News.
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