If you are a hardware startup, your life is very difficult. First, getting funding from traditional sources (Venture Capital, banks) is borderline impossible, as there’s always ‘an app for this and that’ that promises the world. Yet, we’ve seen sizable ‘wins’ with hardware startups which took the public route and seek out funding on crowdfunding websites such as Indiegogo or Kickstarter. Perhaps the best known publicly funded startup is Oculus, who gathered $2.44 million on Kickstarter. As we all know by now, the company was acquired by Facebook in a $2 billion, all-cash transaction. But, Oculus is far from being the only one. Several years ago, we attended
Following his tenure by running Microsoft’s Venture Capital fund, well-known tech entrepreneur Rahul Sood and his friend Karl Flores started a project of his own, named Unikrn. Recently, the project exit the silent phase and it was revealed that Unikrn is a betting website for – eSports! With the growth in popularity of eSports, especially in countries like South Korea, Germany or the United States, final matches for games such as League of Legends reach seven and eight figure prize, cementing eSports as an upcoming trend globally. Given that it is a question of time before eSports becomes mainstream – we were not surprised to see Unikrn closing a Series
Blockstream has an ambitions goal to build on Bitcoin’s underlying technology to securely transfer more than just virtual currency, but also data and more.