FLIPPING ICO'S: MY CHEAPEST EDUCATION
OP-ED: CRYPTOCURRENCY - A VENTURE PERSPECTIVE
"Why do I call this my cheapest education? Well my losses don’t even add up to one course at NYU (my alma mater) and for what I learned reading white papers and analyzing coin offerings day and night, I would say I got a pretty good return on my investment. Although I did not make high returns in the process, I learned a lot about ICO’s.
In case of a bull run in the near future, here is my guide to ICO analysis. However, keep in mind that I made no money off of ICO’s and I am not a financial advisor, nor expert. If you choose to flip ICO’s, I take no responsibility for your profits or your losses, and may the odds be ever in your favor."
Martin Hauge, Frog Capital Chairman: A Year in Review
"Imagine you were looking to invest your money in something, and you discovered a new type of asset class that had enormous potential, a growing fanbase, and consistently generated annual returns in excess of +100%, with steady historicals despite short-term volatility. Would you consider this a flailing asset solely on the basis of non-investor opinions and volatile day-to-day market activity? For assets such as Bitcoin, historical patterns show revolutionary growth prospects despite immense barriers. While many argue that these are the exact traits which secure its place in history as a giant bubble, what kind of bubble repeats itself over and over, literally rebounds from dead, and promises the potential of an entirely different future? The answer is, something that the market wants and or needs."
MARTIN HAUGE'S FAVORITE ENTREPRENEURS: A LITTLE CRAZY AND MUST KNOW THEIR MARKET
From his 15 years as CEO to multiple growth-stage tech companies to his 11 years as partner of highly successful Swedish venture capital firm, Creandum, Martin Hauge is an established authority in early-stage growth and investment.
One year on from joining Frog Capital as the company’s non-executive chairman, we spoke with Martin about the firm’s achievements, the venture capital community and what the future holds for Frog Capital.
A Whole NEO World
Read about Martin Hauge's experience being an entrepreneur and an angel investor! In Shifter's article on Martin, he gives advice to aspiring entrepreneurs.
"- If you were to become an entrepreneur again, what would you do?
"If it had been a technology company, I would start it where there is the greatest access to talents I need to build the company. I would think globally from day one instead of testing an idea in a small market."
How to begin (for the Crypto-Noobs)
Have you ever wondered what a blockchain world would look like? What it would really mean to be decentralized? I pick up my phone in 2025 and open my storage settings. My phone is currently at 50% capacity, so I open an app and share my extra storage in exchange for a few storage tokens. I now have enough tokens to rent an apartment by the beach for the weekend. I exchange my storage tokens for hospitality tokens and book my weekend getaway. I then log into my NEO account and approve some transactions before work. I work as an arbitrator for a blockchain legal firm. Since I am educated in finance, I am able to get paid more for solving financial disputes. At the end of the work day I check my cold wallet and see the fruits of my labor already in my account.
Litecoin: One is Silver and the other is Gold
Since I have had quite a few newcomers approach me and ask how they can start investing in cryptocurrency, I’ve decided to make a step-by-step guide. Before I begin, I want to reiterate that in the crypto-world there is no help-line or lost and found for your wallets. If you lose your private key, or your wallet gets hacked, you don’t get the second chance that you would get with a lost credit card. So remember, never invest more than you can afford to lose.
Pandora’s Box of Crypto-possibilities
Litecoin serves the purpose of instant global payment with very little, if not no transaction costs. It was created in October of 2011 by a former Google engineer named Charles Lee, who now works for the Bitcoin wallet provider, Coinbase. It is fully decentralized like Bitcoin, however the blockchain that Litecoin operates on can handle a higher amount of transactions.
READ ABOUT OUR ENDEAVORS IN THE EAST: NORDIC INVESTMENT IN TECHNOLOGY AND TECHNOLOGY EXCHANGE WITH CHINA
If your interest has been recently peaked by the spike in cryptocurrency prices, namely the soaring prices of Bitcoin and Ethereum, you may have just opened Pandora’s box of crypto-possibilities. Last month I found myself in awe of the opportunities that lie within the block chain, and I went down a google rabbit hole to dig up as much information on these digital currencies as I could. That being said, I would like to reiterate that I am writing this article strictly to state my opinion, as I am not qualified, nor do I intend to give investment advice.
HAFLO ARTICLE ON BITCOIN
"We are currently looking to expand to China, because we believe Chinese innovation and technology has the potential to give us great return on our investments. China is at a point in history where its technological innovation is unbeatable. With extraordinary companies like Tencent, Alibaba, Baidu, Xiaomi, and Didi, among many others, Chinese innovation is peaking, and we want to jump on the fast train."
"If you are like me, and reading about the cryptocurrency boom in its later stages, I bet you would do just about anything to go back eight years and mine a bit of Bitcoin. Better yet, I would probably go back to 2011 and invest a chunk of my allowance in those 10 cent Bitcoins. Then again, it is understandable that when Bitcoin first came out it was hard to believe in a trust based model; a model whose value is added by the users’ faith in the system."