cyber•Fund newsletter #2

Cybernetic Economy Report 2015

Finally, today we are happy to release a report on the state of the cybereconomy. We have squeezed 4 years of our experience and knowledge in this field into 79 slides. Enjoy and let us know if you find it useful!

Have a taste of something that you could find in the report:

We do believe that the Cybernetic Economy Report will do for the cryptocurrency space what the State of Bitcoin did for Bitcoin. The report will be issued quarterly and available for free.

Use a link htpp://bit.ly/cyberep and feel free to discuss it on Twitter with #cyberep hashtag.

Other news:

Ethereum Launch

Vinay Gupta in blog post described the 4 steps that will be done to set up the Ethereum network. They are the following:
Release Step One: Frontier. Genesis Block will be released in the next few weeks but there could be delays. It will have only a command-line interface (CLI) and will need a testing. The state in contracts will be likely erased.
Release Step Two: Homestead. The date depends entirely on how Frontier performs. In a best case it will come out after a month after Frontier’s release. There will be full mining, CLI, and permanent contracts.
Release Step Three: Metropolis. On this step Mist will be released. But there will be at least one, and probably two as-yet-unnamed steps between Homestead and Metropolis.
Release Step Four: Serenity. It is a far going milestone of switching the network from the wasteful Proof-of-Work to the more meaningful consensus algorithm

Thus already this summer we are going to have the are going to have the network on which the digital society 3.0 could be built.

Private Equity 2013

This week our experimental portfolio has lost 2.7 BTC, but has increased by $600 in USD.

Portfolio Weekly Performance

“Private Equity 2013" weekly performance

Weekly activities

Ripple has been falling after a significant growth at the end of 2014. For this reason, we continue to sell it. The same is true for MaidSafe. Have been selling it and taking profits. We believe it is reasonable because of the anticipated Ethereum’s launch and subsequent rapid growth.

This week we have replenished our stocks of BitShares and NXT. They are very promising in terms of future gains and cheap enough