Venture capital: Ethereum blockchain startups will be important investment targets in the future

As it stands, it’s only a matter of time before there’s a shift in digital currency venture capital thinking. While most venture capital individuals and firms have been focusing on Bitcoin startups in the past, just a year ago, their focus began to shift to blockchain companies. But the trend now looks to be changing again, as a bigger focus emerges – Ethereum startups.

Bitcoin, Blockchain and Ethereum Venture Capital

Bitcoin, blockchain, and Ethereum all hold the future of development, and this has not gone unnoticed by venture capitalists. It’s not that VCs have lost faith in Bitcoin, but the use cases for blockchain go far beyond finance. Ethereum is showing how blockchain technology can be used to build automated businesses, and smart contracts are an integral part of the future of digital currencies and blockchain.

Bitcoin and blockchain startups will use the venture capital they received in 2015 to make some exciting projects come to fruition this year, or at least everyone hopes so. If there is only flowering but no fruit, venture capitalists will not have so much patience. Although it takes time, it is better to keep the time interval between investment returns as short as possible.

Ethereum is attracting more and more VCs, as it is known, because it is working on the application of blockchain technology in non-financial fields. The evolution of blockchain means that VCs must diversify their investments and adjust their strategies. In addition, more and more proofs of concept are being developed.

For example, the Augur project has brought a lot of positive attention to the Ethereum ecosystem, and Augur is also a so-called "unicorn company" in the blockchain industry. Although it remains to be seen whether Augur can eventually live up to the expectations, for now, the Augur team is doing a good job.

Boost VC. and Blockchain Capital are also keeping a close eye on Ethereum companies. As a result, the corresponding Bitcoin and blockchain accelerators will be opened to various companies using Ethereum as a foundation, and there will be some interesting competition in the developer ecosystem. After all, competition using different technologies can promote innovation, which is a huge benefit for everyone who loves digital currency.

Original article: http://themerkle.com/ethereum-is-a-big-part-of-future-vc-funding-in-blockchain-startups/
By JP Buntinx
Compiled by: Kyle
Source (translation): 8btc Information (http://www.8btc.com/ethereum-vc-funding)