This week’s prime tales embody two characteristic interview: one with Kavita Gupta, founding managing associate at ConsenSys Ventures; and one other with digital dance music DJ Justin Blau (aka DJ 3BLAU) who’s launching a decentralized music pageant. Bitcoiners have begun shifting from Twitter to a brand new “occasion” on Mastodon, the SEC has delayed one more ETF resolution, and a few of West Virginia’s abroad service members might be able to vote utilizing a blockchain-based cell app this November.
Featured tales by Tanzeel Akhtar, Jimmy Aki, Matthew Breen and Colin Harper
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ConsenSys, the Ethereum manufacturing studio based mostly within the U.S., launched ConsenSys Ventures final 12 months selecting Kavita Gupta to run two funds of $50 million and $100 million. Bitcoin Journal spoke with Gupta to debate the launch of venture Tachyon and the launch of ConsenSys India.
She spoke about their aim to draw a various cohort of as much as 15–18 groups, inside the accelerator they’re providing three tracks: Blockchain for Social Influence observe; the Ethereum Mission observe; and an Open Supply, blockchain-agnostic, grant-driven observe. Upon completion of this system, they are going to have a demo day that will likely be unique to essentially the most outstanding angel and enterprise capital buyers with experience and keenness for the blockchain know-how. Gupta additionally discusses their technological focus, how they determine initiatives and groups and the way investments are allotted.
The SEC seems to be in no hurry to evaluate the pile of Bitcoin ETF filings it has been accumulating over the previous 12 months. Not three weeks since postponing its decision on 5 different Bitcoin ETFs, the SEC has indicated in a public statement that will probably be delaying its resolution to approve or reject SolidX Bitcoin Shares till late September. Every rejection or extended resolution creates extra headwind with regulators to safe its first alternate traded fund. Many consider such a list would open the floodgates for institutional cash.
Twitter has change into a poisonous, corrupt and censored house, within the opinion of a rising variety of Bitcoiners. A mixture of perceived censorship by means of shadow banning and lack of significant motion to take away the infamous ether giveaway bots have aggravated requires a decentralized various to Twitter.
Enter Mastodon, a distributed social media platform that shares some options with Twitter, plus it contains extra granular privateness controls and as much as 500 characters obtainable for microblogging. Opendime’s Rodolfo Novak has since gone on to create bitcoinhackers.org, an “occasion” on Mastadon, devoted to Bitcoin maximalists with “no scams, no shitcoin, no impersonation, no begging and no unlawful content material.”
Bitcoin Journal interviews Justin Blau, aka DJ 3BLAU, a preferred digital dance music DJ. He chats about how an opportunity assembly with the Winklevoss brothers began him on his crypto journey. Quickly after, he noticed the numerous methods during which blockchain know-how might disrupt the music enterprise, which led to him begin up the world’s first blockchain-powered music pageant approaching October 20, 2018, referred to as Our Music Competition (OMF).
For the 2018 mid-term elections this November, West Virginia residents which might be a part of the navy and serving abroad will be capable of vote utilizing the cell voting platform, Voatz. The software program makes use of facial recognition to match every person’s “selfie-style video of their face” to their government-issued ID. As soon as accepted, voters will likely be allowed to forged their poll on the app. Ballots will then be anonymized and recorded on the blockchain.