Demystifying the Blockchain [telecom]

Have a question or want to start a discussion? Post it! No Registration Necessary.  Now with pictures!

By Andrew Ross Sorkin

This is bonkers. A new so-called blockchain company is selling virtual
real estate online with prices as high as $120,000 for a 10-meter by
10-meter piece of virtual land. You can buy a plot of virtual land in
a virtual city, with certain neighborhoods costing more than others,
like in a real city. Except that it isn't a real city. It is all
virtual. Follow? Me neither.

Somehow this company, Decentraland, managed to raise $26 million in 30
seconds from investors last year. That money isn't "virtual" - it is
real.

https://www.nytimes.com/2018/06/27/business/dealbook/blockchain-technology.html?emc=edit_nn_20180628&nl=morning-briefing&nlid=8417658120180628&te=1

--  
Bill Horne
(Remove QRM from my email address to write to me directly)

Site Timeline