“Despite the loss in value that has been seen in 2022, the ecosystem as a whole has never been stronger in terms of the number of projects launched, technological advancements and interest from institutional investors. It’s highly likely the price of bitcoin will go over $100,000 by the end of 2023 if not earlier.”

Read full article here: https://www.entrepreneur.com/article/430634

Tagged with: Stelian Balta

HyperChain CEO Stelian Balta said in a recent interview that DeFi “has a huge opportunity to grow” and that digital currencies and blockchains are something the company continues to look on with interest. “I believe DeFi space has a huge opportunity to grow and one of the leaders in DeFi space, Kyber Network, just crossed $1 billion dollars in trading volume and project market cap is worth more than $300 million dollars, which I think is way undervalued. Also, we think the best platforms for creating blockchain games are platforms using EOSIO inspired technologies, such as Wax.io.

Recently Wax added Topps virtual goods and Topps is the most prestigious producer of trading cards and collectibles in the world for MLB, Star Wars, WWE and Garbage Pail Kids. We are firm believers in the potential of the DeFi ecosystem and blockchain games and the proof is our investments we did and we continue to do.” Balta also noted getting an “inflation hedge” like Bitcoin in a portfolio can mitigate risk especially as currencies are on the brink of negative rates. He added he is “bullish on the crypto market long term, especially in DeFi and that’s the reason why we are continuing to invest, to improve and build in the crypto ecosystem.”

Stelian has been active as an innovator, entrepreneur and investor in the digital assets industry since 2013. He is one of the first investors in block.one, the maker of EOS.io software and has so far helped raising more than $150 millions for projects he has participated in.

Stelian Balta founded Hyper Chain capital at the age of 30 with a vision and passion for the blockchain technology, Stelian is heading the development of HyperBlocks Pro, to make it one of the most reliable platforms to help individuals and projects in the industry to take advantage of the PoS systems. According to him, the mission is to help people contribute to the vision of  advancing blockchain to the next level which is to achieve a fully decentralized world. The platform is expected to serve in a professional manner and create safe, reliable and very simple solutions for token holders in the digital assets market.

“I’ve always loved to experiment and build things and being an entrepreneur allowed me to do that. I started with nothing, the lack of support and lack of money can be very frustrating initially, but after you embrace failure and accept that it is part of how things work, starting a company is much easier.” says the serial entrepreneur.

The full interview can be found at: https://money.yahoo.com/bringing-innovation-decentralized-projects-interview-163716270.html

This post is tagged under: HyperChain Capital, Stelian Balta