Pantera Capital’s CEO indicates blockchain development will continue on even with economic turmoil By Cointelegraph #Pantera #Capitals #CEO #indicates #blockchain #development #continue on #financial #turmoil #Cointelegraph

Pantera Capital’s CEO suggests blockchain development will proceed in spite of financial turmoil

The financial landscape could look dire at the second, but it is unlikely to have an impact on blockchain growth, in accordance to Pantera Funds CEO Dan Morehead. In an job interview for True Vision on Thursday, the undertaking capitalist said that he thinks blockchain know-how will carry out centered on its have fundamentals, no matter of the conditions indicated by traditional hazard metrics:

In the course of the to start with 50 % of this calendar year, Pantera Capital elevated about $1.3 billion in cash for its blockchain fund, with a special emphasis on scalability, DeFi and gaming initiatives. “We’ve been very focused on DeFi the past handful of years, it really is constructing a parallel economical process. Gaming is coming on the net now and we have a couple hundred million men and women applying blockchain. You can find a good deal of really awesome gaming tasks, and there even now are a ton of options in the scalability sector,” he extra.