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Blockchain Tokens and the dawn of the Decentralized Business Model

Fred Ehrsam

Coinbase Blog

9 min


1 Aug 2016

Original Content 

Over the last few years over $1bn has been invested in digital currency startups from venture capital firms and institutional investors. Then something odd started happening over the last 4 months. A handful of blockchain-based projects have raised a combined $250m+, but none of that money has come from venture capitalists. So what the heck is going on?

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