From Bitcoin Conference Moscow 2016

1. Blockchain Investment Potential
Dima Starodubcev
@21xhipster
Bitcoin Conference Russia
8 April 2016
cyber • Fund
Decentralized Investment Service
Satoshi • Fund
Blockchain Asset Management
Satoshi • Pie
Blockchain Traded Fund

2. Blockchain Investment Space
DAOs & Dapps
Public
Blockchain Services
Private
Permissioned Blockchains
Private
Tokens!
Bitcoins Only
$10B market cap
Legal Entity
Coinbase or 21.co
Fiat Only
~ $5B private cap
Legal Entity
Eris or Linux Foundation
Unknown
Censorship Resistance
Immutability
Crypto-Fiat Bridge
Compliance
Consulting for service providers
Cost reduction for enterprises
Our Focus
cyber • Fund

3. Blockchain Assets vs Traditional Assets
Blockchain Assets Traditional Assets
Availability Global
Transferable
Public - Locked in Markets
Private - Closed Groups
Full control Yes No
Taxation Optional Mandatory
Limits No Yes
Transparency Cheap Expensive
Privacy Cheap Impossible
Programmability Yes No
Examples Bitcoin - bitcoins
Ethereum - ethers
Factom - factoids
Coinbase - US equity
21 Inc. - US equity
Factom Inc. - GB equity
cyber • Fund

4. Forget About Bitcoin Maximalism
cyber • Fund
Total share of Bitcoin
in cybereconomy
70%

5. Lifetime Blockchain Crowdsales
cyber • Fund
Raised Diluted Dead Results
$ 52 mln
130,764 bitcoins
~ 20%
Mining + Dev
$ 1 mln
5 projects
+ $ 1.3 bln
+ 3.3 mln bitcoins
28 projects
on paper
23 projects
live
20 000 people participated

6. Secret Sauce
cyber • Fund
White paper and/or PoC Code
25x return
in 30 month

7. Blockchains as the Biggest Opportunity
since the Internet
The new Internet of Things, Values, Chains and everything
No theory. Proof of Concepts are in Production clickable
Smart Contracts Autonomous Devices Programmatic Corporations
Finance, Law & Middlemen disruption enabled Control Layer for Internet of Things Disruption of White Collars enabled
cyber • Fund

8. Smart Contracts
is
Finance and Law Disruption
~100
trillions
~100
trillions
~1
quadrillion
Currency M0 Stocks Derivatives
cyber • Fund
case

9. Robotics and AI
Source: Visual Capitalist
minus ~20 mln jobs in 5 years
minus ~30 mln jobs in 10 years
minus ~40 mln jobs in 15 years
Blockchain is perfect command and control tool
cyber • Fund

10. If a robot can Earn, Hold and Pay,
well….
He (or she) can do Everything that You Can
cyber • Fund
case

11. Programmatic Corporations
~1 billion
organisations to automate
cyber • Fund
case

12. Realities: VR & AR
cyber • Fund

13. Blockchains as the Safe Haven
What would you do if Everything fall?
How to save my money?
Negative Interest Rates Bearish Stocks Still Overheated Real Estate
Fiat Finance is under Existential Threat Buy or Hold or run to Gold? Miserable Bank Deposits?
cyber • Fund

14. What if Uber is designed
like Bitcoin?
2009
Legal Entity
Available for SV guys
2010
Blockchain Entity
Available for Everybody
2016?
Blockchain Entity
Available for Everybody
~300%
CAGR
~350%
CAGR
>400%
CAGR
Why Blockchain Investments are Superior?
Blockchain secret sauce?
Tax Free Low-cost General Purpose Tech Economic Incentives
No ability to enforce without owner
permission. Supranational,
borderless and permissionless.
No need for buildings and people to
operate. Once programmed it just
works as defined.
1 specialized blockchain can disrupt
dozens of industries and thousands
of companies.
In the core of success are properly
designed economic incentives that
command&control network behaviour

15. Faster than Google and Facebook together

16. cyber • Rating
Evaluation Space Digital Assets Economy
proofs are in a blockchain
Paper Assets Economy
proofs are on a paper
Evaluation Purpose Growth & Risks Creditworthiness
Truthfulness Algorithmic Opinionated
Evaluation Process Community Driven Closed Expert Circle
Decision Making Decentralized Centralized
Rating Acquisition Nearly Free F@#%ing Expensive
Score Freshness Near Real Time Months of Delay
Base on
Open Source
Decentralized Reporting Spec
IFRS
GAAP
How to Evaluate Assets of the Next Internet?
White paper draft & Proof-of-Concept implementation

17. 70x
in 70 months
20x
in 18 months
25x
in 6 months
10x
in 9 months
8x
in 21 months
Satoshi • FundSince 2011
Blockchain Asset Management
We Proud of our Decisions Proof
cyber • Fund

18. 50% in $ and 15% in BTC
Target Yearly Profitability
70%
in Possession of Portfolio Managers
$150k
Assets Under Management
First Satoshi•Fund product
Satoshi • PieSince 2016
Blockchain Traded Fund
cyber • Fund

19. Current Results
110
Assets Listed
350
Individual Investors
$400k
Assets Under Management
Cyber • FundSince 2014
Decentralized Investment Service
cyber • Fund

20. CyberProject
Decentralized Investment Protocol
cyber • Fund
Ethereum based
Is DAO
Enable blockchain investment services
for any kind of funds