First Published on @IOSG Medium on Aug 12, 2020The economics behind miningThe upstream of the Bitcoin industry mainly composed of mining industry participants such as individual miners, mining farms, mining pools, and Bitcoin mining machine manufacturers. FPPS (The Full Pay-per-Share) for miners includes mining rewards and transaction fees, while PPS (Pay-per-Share) only includes mining rewards. Transaction fees can change at any time and increase when the network is congested. In the case of...

First Published on @IOSG Medium on Aug 12, 2020The economics behind miningThe upstream of the Bitcoin industry mainly composed of mining industry participants such as individual miners, mining farms, mining pools, and Bitcoin mining machine manufacturers. FPPS (The Full Pay-per-Share) for miners includes mining rewards and transaction fees, while PPS (Pay-per-Share) only includes mining rewards. Transaction fees can change at any time and increase when the network is congested. In the case of...

First Published on @IOSG Medium on Sep 26, 2020Too high the gas? This project has an automation solution for this problem and many more!Over the past few weeks, the gas costs on Ethereum have experienced new record highs, easily costing between $50 and over $300 for a single operation with decentralized protocols. With the recent hype around yield farming in decentralized finance (DeFi) projects, gas costs have become an increasing obstacle for users with smaller amounts of assets to particip...

First Published on @IOSG Medium on Sep 26, 2020Too high the gas? This project has an automation solution for this problem and many more!Over the past few weeks, the gas costs on Ethereum have experienced new record highs, easily costing between $50 and over $300 for a single operation with decentralized protocols. With the recent hype around yield farming in decentralized finance (DeFi) projects, gas costs have become an increasing obstacle for users with smaller amounts of assets to particip...

First Published on @IOSG Medium on Aug 21, 2020Recently, we have invested in 1inch and we are proud to embark on this journey in supporting this ambitious team. In this article, we explain our take in the current DeFi ecosystem and our reasoning behind this investment.The clear and present challengeThe pain points for DEX are the miss of mainstream cryptocurrency and poor liquidity and depth. The current DEX is basically concentrated in the Ethereum ecosystem and mainly trading ERC20 tokens, ...

First Published on @IOSG Medium on Aug 21, 2020Recently, we have invested in 1inch and we are proud to embark on this journey in supporting this ambitious team. In this article, we explain our take in the current DeFi ecosystem and our reasoning behind this investment.The clear and present challengeThe pain points for DEX are the miss of mainstream cryptocurrency and poor liquidity and depth. The current DEX is basically concentrated in the Ethereum ecosystem and mainly trading ERC20 tokens, ...

First Published on @IOSG Medium on Jul 17, 2020Preface:This report aims to analyze an exchange platform token and illustrate the methodology of how we evaluate it. The crypto exchange industry is one of the few profitable use cases in the whole blockchain industry. It has such a controversial proposition as on one hand, the public’s first impression of the blockchain industry may have come from trading platforms, which can be associated with scams from time to time; on the other hand, it keep...

First Published on @IOSG Medium on Jul 17, 2020Preface:This report aims to analyze an exchange platform token and illustrate the methodology of how we evaluate it. The crypto exchange industry is one of the few profitable use cases in the whole blockchain industry. It has such a controversial proposition as on one hand, the public’s first impression of the blockchain industry may have come from trading platforms, which can be associated with scams from time to time; on the other hand, it keep...

First Published on @IOSG Medium on Jun 2, 2020Source: Sohu1. What is a Decentralized Autonomous Organization1.1 Introduction: to catch bandits first catch the ringleaderWe often see such a plot in war movies, the defending army lead by our main character is under the attack from crushing enemy forces. Some of their own soldiers have surrendered or fled, the wall is about to fall. But in the Nick of time, the main character somehow managed to cross the enemy crowd, successfully kill the enemy ...

First Published on @IOSG Medium on Jun 2, 2020Source: Sohu1. What is a Decentralized Autonomous Organization1.1 Introduction: to catch bandits first catch the ringleaderWe often see such a plot in war movies, the defending army lead by our main character is under the attack from crushing enemy forces. Some of their own soldiers have surrendered or fled, the wall is about to fall. But in the Nick of time, the main character somehow managed to cross the enemy crowd, successfully kill the enemy ...

First Published on @IOSG Medium on Jul 31, 2020IntroductionData was updated at the start of April 2020. The weak correlation between bitcoin and traditional investments and high return it generated has made BTC a star in the crypto secondary market. The popularity that BTC gained from outside also amplified the impact of external factors on its price. We believe the interests accrued from institutions investors and sophistication of derivatives will stabilize the price of bitcoin and make the...

First Published on @IOSG Medium on Jul 31, 2020IntroductionData was updated at the start of April 2020. The weak correlation between bitcoin and traditional investments and high return it generated has made BTC a star in the crypto secondary market. The popularity that BTC gained from outside also amplified the impact of external factors on its price. We believe the interests accrued from institutions investors and sophistication of derivatives will stabilize the price of bitcoin and make the...

First Published on @IOSG Medium on Jul 23, 2020All of a sudden, almost everyone starts to talk about DeFi, but what is it? The main idea behind Decentralized Finance (DeFi) is that by creating financial products and contracts using smart contract programs that run on a blockchain, we can create a much more open, transparent and fair market that is more amenable to innovation. One day, this new market may serve as a critical alternative to the incumbent financial market. DeFi has been growing ...

First Published on @IOSG Medium on Jul 23, 2020All of a sudden, almost everyone starts to talk about DeFi, but what is it? The main idea behind Decentralized Finance (DeFi) is that by creating financial products and contracts using smart contract programs that run on a blockchain, we can create a much more open, transparent and fair market that is more amenable to innovation. One day, this new market may serve as a critical alternative to the incumbent financial market. DeFi has been growing ...

First Published on @IOSG Medium on Jul 27, 2020Recently, we announced our investment into Avalanche and the formation of a strategic partnership between IOSG Ventures and Avalanche. We are excited to embark on this journey in supporting another visionary project to grow in China and create new use cases and applications for blockchain adoption. Since its founding in 2017, IOSG Ventures has been investing heavily in blockchain infrastructure projects. We believe that the technological revoluti...

First Published on @IOSG Medium on Jul 27, 2020Recently, we announced our investment into Avalanche and the formation of a strategic partnership between IOSG Ventures and Avalanche. We are excited to embark on this journey in supporting another visionary project to grow in China and create new use cases and applications for blockchain adoption. Since its founding in 2017, IOSG Ventures has been investing heavily in blockchain infrastructure projects. We believe that the technological revoluti...

First Published on @IOSG Medium on Jun 4, 2020Welcome to our bi-weekly newsletter date from 22end May to 4th June.🐱‍👤IOSG Insight(1/4) Announcement:So happy to announce that IOSG VC joined Enterprise Ethereum Alliance (EEA)@EntEthAlliance last week. EEA is one of the largest global community of blockchain leaders, innovators, developers and businesses. By joining EEA, we will make a wider connection to all startups and deeper contribution to the EEA as well.Source: IOSG Ventures(2/4) Insigh...

First Published on @IOSG Medium on Jun 4, 2020Welcome to our bi-weekly newsletter date from 22end May to 4th June.🐱‍👤IOSG Insight(1/4) Announcement:So happy to announce that IOSG VC joined Enterprise Ethereum Alliance (EEA)@EntEthAlliance last week. EEA is one of the largest global community of blockchain leaders, innovators, developers and businesses. By joining EEA, we will make a wider connection to all startups and deeper contribution to the EEA as well.Source: IOSG Ventures(2/4) Insigh...

First Published on @IOSG Medium on Jun 17, 2020Welcome to our bi-weekly newsletter date from 5th June to 18th June.🐱‍👤IOSG Insight(1/4) Announcement:Source: Algorand FoundationWe are thrilled to announce that IOSG VC has become the mentor of Algorand Asia Accelerator, launched jointly by Algorand Foundation, Borderless Capital as well as LongHash Ventures. Algorand Asia Accelerator aims to encourage and facilitate the development of blockchain, particularly in collaboration with Finance 3.0...

First Published on @IOSG Medium on Jun 17, 2020Welcome to our bi-weekly newsletter date from 5th June to 18th June.🐱‍👤IOSG Insight(1/4) Announcement:Source: Algorand FoundationWe are thrilled to announce that IOSG VC has become the mentor of Algorand Asia Accelerator, launched jointly by Algorand Foundation, Borderless Capital as well as LongHash Ventures. Algorand Asia Accelerator aims to encourage and facilitate the development of blockchain, particularly in collaboration with Finance 3.0...

First Published on @IOSG Medium on Jul 16, 2020Welcome to our bi-weekly newsletter date from 2nd July to 15th July.🐱‍👤IOSG Insight(1/5) Announcement:We are glad to be part of a big community that emphasizes collaboration and innovation and we want the connections to go even deeper. IOSG now part of the Metacartel Ventures China (a Chinese fork of Metacartel Ventures) , which focus on investing in China’s early stage project . As an early participant, IOSG Ventures will actively work with co...

First Published on @IOSG Medium on Jul 16, 2020Welcome to our bi-weekly newsletter date from 2nd July to 15th July.🐱‍👤IOSG Insight(1/5) Announcement:We are glad to be part of a big community that emphasizes collaboration and innovation and we want the connections to go even deeper. IOSG now part of the Metacartel Ventures China (a Chinese fork of Metacartel Ventures) , which focus on investing in China’s early stage project . As an early participant, IOSG Ventures will actively work with co...

First Published on @IOSG Medium on Jul 1, 2020Welcome to our bi-weekly newsletter date from 19th June to 1st July.🐱‍👤IOSG Insight(1/4) Announcement:Source: PolkadotWe are proud to be among the 20 initial validators for Polkadot’s NPoS consensus algorithm. This signifies that Polkadot has enter Phase 2, where DOT holders are allowed to nominate validators in receiving token rewards. Besides that, IOSG is also hosting nodes for projects including Cosmos, Kusama, KAVA, ETH 2.0 testing network ...

First Published on @IOSG Medium on Jul 1, 2020Welcome to our bi-weekly newsletter date from 19th June to 1st July.🐱‍👤IOSG Insight(1/4) Announcement:Source: PolkadotWe are proud to be among the 20 initial validators for Polkadot’s NPoS consensus algorithm. This signifies that Polkadot has enter Phase 2, where DOT holders are allowed to nominate validators in receiving token rewards. Besides that, IOSG is also hosting nodes for projects including Cosmos, Kusama, KAVA, ETH 2.0 testing network ...