The co-founder of Apple, Steve Wozniak, has been active in the blockchain events and news for some time now. However, in the latest updates here on our DC Forecasts crypto news site, he is announced as a co-founder of the recently launched blockchain venture capital fund named EQUI Global, according to the reports made by the global business outlet named Verdict.
This comes after an announcement in which the popular ‘Woz’ outlined his plans to become “involved” in a blockchain project. Today, he was revealed as the co-founder of EQUI Global, which is a VC fund that will focus on blockchain technology built on a blockchain-powered backend.
The new venture capital fund will also aim to change the concept of the traditional industry by enabling non-institutional investments as well as allowing investors to trade on external crypto exchanges all thanks to the EquiTokens, which rely on an infrastructure that is based on the Ethereum blockchain.
As Verdict reported, EQUI Global will target “sophisticated” investors that are focused on venture capital funds through investing in Equitokens, in a model that aims at facilitating the trading experience by allowing easy liquidation of tokens through crypto exchanges.
Wozniak stated that the company’s mission is to “seek, support as well as fund the blockchain and tech stars of tomorrow” and that the company has “partnered with over 20 businesses” that have not been launched yet.
With this, the ‘Woz’ appears to have changed his skeptical stance on crypto, following his recent statement that blockchain is a “bubble” similar to the one of the dotcom era.
Russia Is Not Planning To Buy $10 Billion In Bitcoin
“This statement has no common sense. The Russian Federation — like any other country in the world — is simply not ready to combine its traditional financial system with cryptocurrencies.”Sidorenko reacted to the fake news reports from Telegraph where it was noted that Russia wants to invest $10 billion in bitcoin in order to mitigate the economic impact that is brought up from the US sanctions. The rumors emerged on Twitter where a particular user wrote that Kremlin has no choice but to invest in bitcoin and that it is the only way to avoid the harsh sanctions by President Trump. Ginko posted on Twitter and his post went viral after Telegraph wrote a story about it and lots of other websites just added their own touch to it. Ginko is known to the public for making such shocking tweets and comments after once saying that sham investment adviser Bernie Madoff is the real Satoshi Nakamoto. However, Sidorenko said that Ginko’s comments are absurd:
“Even if Russia wants to place its cryptocurrency assets now, it simply cannot do this. We do not have any mechanisms that would allow us to introduce a system: where these assets would be stored, which authorities would be responsible for it, which would be responsible for abuses and stuff.”However, according to Tota Kaliaskarova, the director of macroeconomic policy with the Eurasian Economic Union says that crypto could have a huge impact on the Eurasian economy.
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