How did you find Istanbul and the summit? What are your expectations? First of all, I must say that Istanbul is a very beautiful city First development here
Obviously we came with my wife and we did a little tour Palaces, mosques really awesome I'm definitely thinking of coming back Speaking of the summit, I see a very strong positivity There is great energy and feeling
It made me feel special to see Tom Lee talking here What will be the benefits of crypto coins with the current financial analysis and talked about where the market could go I think the information we get here isn't what we learned from every conference or summit Because the other peaks are often highlighted by many crypto money, speakers or capital managers there are places where they pretend to know what they are talking about It is really nice to see quality works on such peaks
And how did you meet with blockchain technology and crypto coins? I've been working with Deutsche Börse, which was a past-present exchange I was an entrepreneur in their capital group In 2016, some companies had become available for us Because we have seen that blockchain technology is available in stock exchanges We sent the preliminary protocol to invest in them
In the end, they rejected our offer to create an ICO And this was a really crazy idea in 2016 I then looked into this situation and looked at what might be the benefits of tokenification We are also an investor group using my financial infrastructure to the crypto sector We are looking for an opportunity to jump This is our company for our crypto asset management, decentralized enterprise capital group and crypto assets index funds opened the way for Iconiq
So perhaps I'm from the elite workers who first got the world together, We can say that 2015 or 2016 is still too early for the current standards Yet, we are touching the future of krypton and the point where it can come So can you give us some information about Iconiq Lab? What problems does it solve? Iconiq is a crypto asset management fund We manage two separate groups Iconiq Lab and Iconiq Funds, a decentralized venture capital firm, ie crypto A company that gives an array of assets index funds
Both are companies that collect alpha and beta of investment gaps in the sector Iconiq Lab, a decentralized venture capital firm, invests in crypto projects with early-stage decentralized blockchain technology The financial support we provide is a money that will not help the company in any way It should be considered as a donation to the company that you believe, not to give Naturally, we search and select the companies we work with in detail
We currently have 9 companies in our portfolio We invested approximately 1 million euros in total Currently developing these companies and creating an original use we work hard This will guide them to sell the token in 2019 In a simpler narration, we index crypto assets while Iconiq is on the Funds side We are giving a series of funds
Registered or professional investors can join here This allows them to emerge in a variety of ways in the crypto ecosystem The bear market is currently in progress How did this affect Iconiq, what are your expectations for the future? Everyone's talking about the bear market The only important issue for the crypto sector is that they sound like a price
This is a big bullshit When you look at the success of the crypto, the price remains very shallow What concerns me is not how many wallets have been bought in recent years What is the size of adoption? How Altcoins perform in this period When you look at KPIs, ie performance indicators you see an incredible measure of adoption
So I'm now more optimistic and bullish than I've been in the last 3-4 years Very simple Because it is an incredible measure of adoption, I see a tremendous participation in this world Price is just an unnecessary part of this overview And you will see that as people and institutions get used to price will also be returned Crypto coins will inevitably transport itself to a larger eco-system
Everyone has price estimates for bitcoins and altcoins Bitcoin "will be $ 1 million," he said, "100 thousand or 250 thousand dollars," he also said What is your opinion on this? Obviously I don't think it's right to give a figure
I have two reasons The first one, I think that gives us a figure, they do not do a real and original research as long as they talk about big bullshit They have no mathematical reasons to fill the price estimates The reason they give these estimates is to show a way to fit their plans Because bitcoin has "short" or "long" status
One of the worst aspects of the crypto world be guided by many speculators This is the first in the world to adopt the crypto pre-developed by Satochi, this is awesome There were 'technologists' who used the system to build a financial eco-system, then This was the game of speculators I think the next phase will be the institutions entering this world Because NYSE and Bakkt set up their own platforms, JP Morgan's own money will increase the rate of adoption, will give the crypto coins a guarantee So we'll see that the game of speculators has been pushed aside
A much more usable and durable crypto value will be part of this family Thank you very much You're welcome
