In addition to Tim Draper, businessmen Alan Goren and David Bleznak will participate in the launch of DGB. They are also considered supporters of cryptocurrencies. The venture company will invest in second-level infrastructure projects, as well as mobile applications, including gaming and social projects.
Alan Goren said that Draper Goren Blockchain has long-term plans – the company does not expect quick profits, but plans to work with each partner for many years. According to him, DGB will invest from $25,000 to $100,000 in startups at the earliest stages of development. There are also plans to partner with selected entrepreneurs to launch companies from scratch.
Goren has declared that the current regulatory environment in the US is “total crap”, but DGB is going to rise to the challenge, as management is confident that the very nature of blockchain and cryptocurrencies will make “the whims of regulators” obsolete. However, he is sad to see so many American crypto businessmen leaving the US now.
Tim Draper previously said that Bitcoin would someday be more popular than fiat currencies.
Source: Bits
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