In a recent interview on Crypto Trader, crypto-influencer, Ran Neu-Ner spoke with Moshe Hogeg, CEO of Sirin Labs, Daniel Peled, CEO of Orbs, Yoni Assia Founder and CEO of eToro, and Yaniv Feldman, CEO of One Alpha on the possibilities of Ethereum in the wake of a bust of ICO.
Giving a brief overview of the ICO funding situation in August, Ran Neu-Ner said the loan gained an increase after reaching over $ 500 million from the July low of $ 417 million.
Neu-Ner said that funding saw a general increase. The August data reveal that $ 100 million has been collected for the hash chart and $ 54 million for the tZero raise.
Current markets have sent bitcoin domains over 53% to raise concerns about the long-term viability of the Ethereum network which is the main platform for raising funds for ICO, he explained.
When questioned whether the utility chip market was dead, Moshe Hogeg stated that the market is not dead. According to him, ICOs have raised a lot of money, but because of the need for these projects to pay salaries to their employees, they convert the Ethereum into debt. He also added:
"In fact supporting the industry, but fighting it at the same time, without understanding.But, this is what happens, the market started to lose many people lost a lot of money."  However, the CEO of Sirin Labs believes that it is the right time for investors to enter the market because of the value of the ICOs created in the last agreement.
Ran has stated that Sirin Labs has collected a lot of money mainly in Bitcoin [BTC] and Ethereum [ETH] but has obtained advertising costs and development costs in US dollars. When asked if the Sirin Labs released ETH on the market for a value of $ 250, Moshe nodded in agreement.
Hogeg has confessed to being in a responsible way of pushing the trial down. He said:
"We need to pay the wages, we have to pay the suppliers But this money does not come out of the market Returns to the market creating value.
In addition, Moshe declared that after the launch of their farm in the next three months All the fiat converts will return to their token, but having left only 20-30% of their money after their participation in the race, Moshe said he sold some of them during the year, adding that those who do not They did lose a lot of money.
According to Daniel Peled, there is a negligible amount of utility token in the market this year, he explains that the immaterial infrastructure layer is to blame for it. utility tokens have had a lot of hype at the beginning of 2018. In 2019, the main goal would be to build a third-generation blockchain at the top of levels 1 and 2 to solve problems such as scalability. , Governance and privacy,
Yaniv explained that blockchain the Ethereum has fundamental problems in the way he uses the & # 39; ETH as gas, but not specifically indicates the end of the utility.
The eToro CEO revealed he was bullish on Ethereum. According to him, it is the most used smart contract platform. Moshe and Daniel, both believe that in the next five years the Ethereum blockchain will have a lot of dApps built on them and will have at least a minimum of 10,000 users daily on them and are also willing to bet against Jimmy Song on it, have declared.