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How San Francisco's Fastest Growing Blockchain Marketing Firm Is Going Big On Sports
Forbes ^ | June 15, 2018 | Darren Heitner

Posted on 06/15/2018 4:46:08 PM PDT by 2ndDivisionVet

In San Francisco Bay area, anyone can be considered a unicorn.

Just look at the Golden State Warriors’ past few seasons. It was not long ago a franchise that was once criticized for taking (now NBA All-Star) Steph Curry and largely defined as underdogs. However, not only were the Warriors innovative in their approach to rebuild, but the organization put up the numbers and earned the championships to prove it, and when it comes to Silicon Valley and finding use for blockchain, only a few companies have been able to truly succeed in establishing a solid footing.

While we hear all the time about the millions of dollars raised in Initial Coin Offerings (ICOs), believing in blockchain is more than just a quick cash grab. Instead, the major players are concerned with developing on a foundational structure for the future. It is practically a gold rush, as the estimates range all the way up to $60.7 billion for how big the blockchain market can be.

San Francisco’s largest blockchain marketing firm Verma Media is making big bets with cryptocurrency, especially in some of the most lucrative marketing industries today. After finding some early use cases and success in the blockchain industry, the company is primed to be at the top of bringing sports and crypto together. Although still relatively new, the impact blockchain has had thus far on sports has been interesting to follow. While not talked about as much as industries like insurance or logistics, the potential for inclusion of blockchain in sports is significant, whether it be in relation to content marketplaces, collectibles or the hot-button issue of sports betting....

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Computers/Internet; Sports
KEYWORDS: bitcoin; blockchain; sports
Can you techies try and explain this to me?
1 posted on 06/15/2018 4:46:08 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
It is fiat currency like a Federal Reserve note without the liquidity or granularity. You are buying air.

My goodness! Blockchain "money". Casinos. Hedge funds. Lotteries, scratch offs. Legalized prostitution. Legalized marijuana. Internet pornography. Building a great nation, one vice at a time!
 

2 posted on 06/15/2018 5:02:14 PM PDT by Governor Dinwiddie (MAGA in the mornin', MAGA in the evenin', MAGA at suppertime . . .)
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To: 2ndDivisionVet

It’s a decentralized open distributed ledger that performs secure money transfers in minutes that would take the central bank 8 days and for far less transfer fees. It is also seen as a way for multinational businesses to transfer money from one country to another without having to hold reserve currencies of every nation they do business with. There is a lot more to it, but that’s the basics.


3 posted on 06/15/2018 5:18:04 PM PDT by JoeRed
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To: 2ndDivisionVet

One world currency... Scary, right?


4 posted on 06/15/2018 7:31:20 PM PDT by Mathews (Ecclesiastes 10:2 (NIV), Luke 22:36 (NIV))
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To: Mathews
One world currency... Scary, right?

Not if government doesn't control it.

5 posted on 06/16/2018 7:59:52 AM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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