Blockchain: Separating Hype from Reality
We are pleased to share with you our latest report on the Blockchain / Crypto market. Bitcoin took the world by storm in 2017, and its underlying blockchain is being hailed as the most disruptive new technology in years. With all of the attention comes the hype: over 1,000 cryptocurrencies are now in circulation and 1,500+ ICOs have been launched. Blockchain-based projects are taking in massive sums of money, yet institutional investors, for the most part, are biding their time for an eventual rationalization to occur. Meanwhile, typical of other early stage tech cycles, M&A is just starting to percolate. With nearly 200 companies in AGC’s blockchain landscape, this report focuses on the most innovative companies and next set of killer apps that are closest to commercial realization.