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" The blockchain symbolizes a shift in power from the centers to the edges of the networks. "

William Mougayar

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" Few incumbents will succeed in deploying blockchain applications to enable new business models. The innovator's dilemma will prevail. Even if they aspire to, they must first get their feet wet within their business boundaries. "

William Mougayar

" A new DAO is like a startup. It requires a product/market fit, business model realization, and a lot of users/customers. "

William Mougayar

" Public blockchains are almost like the public Internet, which is open and widely accessible. If you can get on the Internet, you will likely be able to get on a public blockchain via a specific application. "

William Mougayar

" What Bitcoin started is metamorphosing into something bigger: a 'crypto-tech'-driven economy with its own value creation, not unlike the Web's own economy. Welcome to the cryptoconomy. "

William Mougayar

" The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it. "

William Mougayar

" Until there are tangible metrics for quantifying the real value of a token's utility, the gap between value and valuation will continue to defy conventional wisdom and conventional valuation methods. "

William Mougayar

" Conceivably, blockchains could rely on a number of standards above the Internet's existing standards to allow a smooth bridging from one layer to another. That would be a breakthrough. "

William Mougayar

" For the first time, companies can be their own payment processors without the cumbersome or costly aspects of traditional financial settlement options. Tokens offer a much lower barrier for processing end-to-end transactions inside a given market. "

William Mougayar

" Most blockchain platforms don't share that much in common, resulting in choice lock-ins, lack of interoperability, and potentially dead-ends that are hard to untangle. "

William Mougayar

" If blockchain technologies ignore the eventuality of standards, we are going to see less adoption. Maybe we should think of the blockchain as a public-good utility and encourage an evolution that is not unlike the Internet's in terms of openness and neutrality of access. "

William Mougayar

" Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs. "

William Mougayar

" Owning a token bestows a right that results in product usage, a governance action, a given contribution, voting, or plain access to the product or market. "

William Mougayar

" My advice to many ICOs is to start reading about startups and focus on the product, customer, and market as soon as the sale is over. And don't get distracted by post-ICO euphoria and the price of ETH or BTC. "

William Mougayar

" China wants control, and China will get control. That's their default modus operandi. Crypto-Tech is no different than the Internet and Web businesses. "

William Mougayar

" The blockchain is custom-made for decentralizing trust and exchanging assets without central intermediaries. With the decentralization of trust, we will be able to exchange anything we own and challenge existing trusted authorities and custodians that typically held the keys to accessing our assets or verifying their authenticity. "

William Mougayar

" In the blockchain world, each user can and should own their data, and 'central' players are less vulnerable to data losses and breaches. "

William Mougayar

" Study how to write smart contracts, which is the basic unit of programming a blockchain for business purposes. It is the equivalent of being taught HTML and Java during the early Internet days. And master how to create assets or tokenize existing ones on a blockchain. "

William Mougayar

" Government leaders should get up to speed on the blockchain by understanding it first and committing to exploring its potential. "

William Mougayar

" How do we create new value? You create value by running services on the blockchain. "

William Mougayar

" Blockchain infiltration will be met with resistance because it is an extreme change. "

William Mougayar

" Cryptocurrencies are not evil and are not for money launderers and scammers. They are for entrepreneurs, technologists, change-the-world dreamers, and anyone who believes they can (and will) enable new business models, new types of organizations, and new ways to service consumers and businesses alike. "

William Mougayar

" The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?' "

William Mougayar

" The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression. "

William Mougayar

" In the increasingly digital world, data is a valuable currency, yet as consumers, we control and own little of it. As consumers, we must ask what big companies do with our data, a question directed to both the online and traditional ones. "

William Mougayar

" The blockchain applications market is unravelling along a segmentation of activity that is spread along two sets of variables: private vs. public blockchains, and new vs. existing business models. "

William Mougayar

" As much as one would like to think that what China does doesn't matter, the reality is that when China sneezes at crypto, the rest of the world catches the cold. "

William Mougayar

" When (not if) regulators start looking at ICO deals they might want to investigate, they will likely start with the ones that exhibit weaknesses. "

William Mougayar

" As we prepare to enter the cryptoconomy, undoubtedly it looks fuzzy, foggy, risky, buggy, uncertain and unproven, but so did the Internet in 1995. "

William Mougayar

" I am very excited about the prospect of using cryptocurrency, not just as a money equivalent, but using it as a way to earn something as a result of doing some type of work. "

William Mougayar

" Ideally, it is important to communicate exactly when large amounts of tokens become unlocked and therefore available in public exchanges. It is a good practice to continuously update these exchanges with the right amount of tokens in circulation. "

William Mougayar