Zohar Hod
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A lack of liquidity will haunt the Initial Coin Offering market. The problem is that there are too many currencies. Without enough liquidity, we will see great participation by buyers with no support from market makers and no buyers for the cryptocoins that the ICO company wants to convert into flat cash.
A born skeptic, truePTS CEO Zohar Hod says he was completely dubious of the Ethereum concept. He thought it was just another cryptocurrency in the high-tech wild west, full of gunslingers and no real potential for enterprise software applications. But after investing some time and doing some research, he says he’s hooked.
There are two ways to look at the future: The first assumes a linear progression from past achievements and is relevant to forecasting short periods of time, where the future is a derivative of the past. The other method assumes that in the period of a decade, the law of accelerated returns applies exponentially and compounds acceleration assuming a high level of change in the period forecasted.
