Reddit co-founder Alexis Ohanian, in an interview for Fortune, shared his upbeat perspective for the blockchain market. He was quite optimistic about the price predictions, and quite enthusiastic about the general development of blockchain industries, to the extent that he decided to leave Reddit in the sidelines to devote himself entirely to investment in blockchain technologies:[1]
“I’m proud of all the work we did to turn around Reddit in the last three years, but I think about the impact I could have at one company versus the potential I could have investing in dozens of great, multibillion-dollar companies – and that’s the way I want to scale my next decade.”
Serena Williams’ husband, took a 16-week break after the birth of his daughter, to later return with all his energy focused on expanding his business vision. Ohanian commented that the development of companies focused on blockchain technologies are a great investment opportunity, especially for those visionaries responsible for managing Venture Capital Firms:
“Last year, it was all about AI and machine learning, This year, it’s all about blockchain. Most of it is just hype and BS, just like how it was with AI and ML. Most of the really vital, protocol-level, basic infrastructure around software and blockchain will need to get built in the next year or two for us to really see the Web 3.0 we’re really hoping for. So those are the types of companies we’re investing in now. These are the types of things I think will build the foundation for a very different, much better Internet.”
While Onahian states that “This stuff doesn’t actually change the world unless everyone is using it,” he is also aware that the market for cryptocurrency and blockchain
