David

Bitcoin

Read

Billionaire Tim Draper, a crypto supporter, has launched Draper Goren Blockchain (DGB), a venture studio focused on decentralized finance (defi) technologies, layer-2 scaling, and user-friendly crypto applications, including gaming and social platforms. 
Draper is collaborating with Alon Goren and David Bleznak–both are crypto industry veterans. Bleznak, a former partner at Draper Goren Holm, has a diverse portfolio, including leadership roles at Totle, Coinbase, LunarCrush, and Ownera. 
Goren <a href="https://decrypt.co/198223/tim-draper-launches-crypto-accelerator-despite-us-regulatory-shitshow-says-partner" target="_blank" rel="noopener noreferrer nofollow">outlined</a> Draper Goren Blockchain’s strategy to build lasting partnerships instead of following traditional accelerator models. 
They commit to supporting each backed company for a decade, investing $25,000 to $100,000 in early-stage startups. 
Additionally, DGB plans to collaborate directly with selected entrepreneurs to incubate new companies. 
 You might also like: <a href="https://crypto.news/tim-draper-pushes-bitcoin-price-estimate-to-250k-by-2025/" rel="noopener noreferrer nofollow"> Tim Draper pushes bitcoin price estimate to $250k by 2025 </a> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
 <div class="wp-block-embed__wrapper"> <iframe title="Bitcoin Is Here to Stay, Tim Draper Says" width="1020" height="574" src="https://www.youtube.com/embed/dH76_CTiwK8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div> 
</figure> 
Despite his <a href="https://crypto.news/secs-gensler-highlights-crypto-non-compliance-in-senate-hearing/" data-type="post" data-id="14194092" rel="noopener noreferrer nofollow">frustration</a> with the current U.S. crypto regulatory landscape, Goren remains optimistic. 
He acknowledges the departure of American crypto pioneers due to regulatory challenges but believes that technological progress will eventually outweigh regulatory issues. 
The blockchain aims to promote crypto adoption.Goren highlights that while there are impressive technical innovations in the crypto space, universal adoption is still lacking. 
He compares this potential shift in crypto adoption to the rapid rise of the internet, suggesting a swift transition may occur. 
DGB will not follow fixed schedules or cohorts but will focus on exploring emerging ideas organically. 
 Read more: <a href="https://crypto.news/tim-draper-believes-bitcoin-can-reform-global-commerce/" rel="noopener noreferrer nofollow"> Tim Draper believes Bitcoin can reform global commerce </a>

Tim Draper unveils crypto studio to spur defi, layer-2 innovations

crypto.news

Other articles published on Sep 22, 2023

High Gas Fees Alert: Binance Wallet Records $840,000 in Abnormal Ethereum Charges

RIO Stock Forecast: Will (LSE: RIO) Run & Surpass the ATH Level?

Crypto Analyst Shares Bitcoin (BTC) Plan, Sees Potential Bullish Momentum for Dogecoin (DOGE)

Over 717,000 new Bitcoin addresses created in a single day, highest in 5 years

Grayscale’s recent court victory gets green light in Bernstein’s latest BTC research report

Bybit Suspends UK Services As New Regulations Loom

Join our free newsletter for daily crypto updates!