Author Archives: David Drake

How Upcoming Digital Coins are Shaping the Cryptocurrency Market

by David Drake Cryptocurrencies are clearly the future mode of payment. They are changing the way people do business and interact with money across the globe. Since the advent of Bitcoin, we have seen more digital currencies enter the cryptocurrency market. “As with all endeavors, our first attempt rarely delivers the optimum of all possible outcomes. But if the work […]

How to Tell if Bitcoin Cash is the Way to Go

by David Drake Bitcoin emerged in the financial marketplace seven years ago as an ideal alternative to the control and uncertainty of centralized economies. It was the first digital currency in the cryptocurrency market and, compared to others that came later, was considered the crème-de-la-crème. It boasted a trading price that started at $0 and quickly reached $650 in a […]

How V Tokens by are facilitating the growth of the global digital economy

by David Drake Imagine how many businesses would be unlocked if every developer gets the building blocks he or she needs to contribute to the growing virtual economy. Developers of digital goods will soon be able to explore new ways of generating revenue by traversing real and virtual worlds and engaging end users fast. This will be possible on BLOCKv, […]

What Cryptocurrency and Blockchain firms revealed at Fintech Week in Silicon Valley

  by David Drake Fintech Week Silicon Valley is one of the best places to mine for cryptocurrency trends. A few months ago, the price of bitcoin was projected to hit $4,000 by end of 2017. Surprisingly, it already surpassed $4,000 and someone projected that its value may reach $50,000 by 2027. The value of cryptocurrency market is projected to rise […]

How Bithumb Listing is Boosting Zcash Cryptocurrency on the Coin Market

by David Drake Will the Bithumb Traction enable Zcash to Compete with Major Cryptocurrencies? Zcash, previously referred to as ‘ZeroCoin’ or ‘Zerocash’, recently got listed on Bithumb as the ninth coin. The move has attracted attention to this private digital currency that came into existence in October, 2016. Prior to its listing on Bithumb, Zcash traded on a virtual asset […]

Can’s Blockchain-backed solution be the next Uber?

by David Drake Starting on the 1st of October of this year, Uber’s license to operate in London has been revoked. The Transport for London (TfL), an authority that regulates private hire and taxi vehicles made the announcement earlier this month. TfL attributed its decision to revoke Uber’s license to the way the company obtains medical certificates, reports criminal offences […]

Top Cryptocurrency Solutions at the 2nd Annual DC Blockchain Conference

Entrepreneurs, finance, and technology professionals, startups, venture capitalists, and investors came together on July 28, 2017 at my alma mater, George Washington University, to take part in the 2nd Annual Blockchain Conference DC. The attendees did not only see the world of Blockchain from the eyes of the experts but were also able to network and shook hands with other […]

The CoinAgenda in Barcelona: All about Digital Money, Cryptocurrencies, and ICO

by David Drake The CoinAgenda Europe conference held at the World Trade Center in Barcelona, Spain from July 16 to 18, 2017 brought together over 200 attendees from North America and Europe to discuss bitcoin and digital currency. The conference organized by Michael Terpin, founder of CoinAgenda, is the first held in Europe exclusively for bitcoin investors to discuss the […]

How LAToken is Turning your Illiquid Assets into Cash using  Digital Tokens

By David Drake Hedge Funds looking at opportunities There are a lot of developments in the initial token offerings globally.  Some of them are pursuing existing businesses for existing clients, such as this company that I started advising. There’s a lot of flurry and news about cryptocurrency and tokenization but it’s very simply explained that it removes middlemen and automates […]

Six Mistakes I’ve Learned through Failure

by David Drake I have failed hundreds of times with startups. From coupon cutting to club promoting, from restaurant services to technology companies, from venture capital funds to hedge funds, you name it and I can tell you where I failed. But I have not stopped trying. In fact, I use the failures I’ve faced in the past 30 years […]