2018.7.19

  • event

Seoul Blockchain Vip Night

Seoul Blockchain Vip Night

Good evening, everyone! This is Adachi.

I attended the Seoul Blockchain VIP Night event, which was held in South Korea for two days and one night starting Tuesday.
Actually, SHC was a sponsor of this event.

This wasn't a typical party; it was an event exclusively for institutional investors (cryptocurrency VCs, projects, and exchanges such as Binance and Huobi).
Many overseas investment funds visited our SHC booth and showed great interest, exchanging information with Adachi and Omori, and discussions about overseas partnerships progressed.
Funds from all over the world participated in the event, including from the US, Europe, Russia, South Korea, China, and Dubai. We were able to network with funds from all over the globe!

In short, institutional investors are gaining significant power in the current blockchain market. With stricter regulations on ICOs, individual investors are increasingly unable to invest in high-quality ICOs, or are only able to invest in small amounts, a trend spreading globally.

The current trend is that ICOs with a large number of individual investors see their prices plummet as soon as they are listed on exchanges due to profit-taking sales.
On the other hand, institutional investors tend to hold onto their investments rather than engage in short selling that would disrupt the market.

In other words, it's becoming more like a market for unlisted stocks.

[Contact Information]
Shiba NA Building 4F, 3-6-10 Shiba, Minato-ku, Tokyo 105-0014
STANDAGE Co., Ltd.
President and CEO: Akinori Adachi
Executive Vice President/COO: Kenta Omori
Press Contact Email: info@standage.org

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