Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company.
As part of a Jan. 23
Morehead also points to scalability solutions enabling lower transaction fees as a great leap forward for the space, as “decentralized exchanges can’t compete with centralized exchanges if fees are too high.”
There is still plenty of fear, uncertainty, and doubt (FUD) floating around in the wake of FTX’s collapse and the resulting contagion in 2022 but Morehead believes the industry is still very much alive.
“People were saying, ‘crypto is dead’, yet I believe it was one of the best times to get in the space, start building serious things, and a great time to deploy capital into crypto. It really is darkest before dawn,” he said.
