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" 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
Might
Deals
Will
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" 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
Will
Open
Internet
" If your user base engagement is fledgeling, a token may not be the panacea unless it is properly threaded into the product, and user behavior is accompanying the token utility. "
William Mougayar
Engagement
Product
Your
" I'm looking forward to seeing more ICO projects provide increased clarity about the performance metrics expectations they plan to exhibit during their future adult lives in addition to the assumptive utility of that token they are selling. "
William Mougayar
Looking
Future
Looking Forward
" ICOs cannot escape startup evolution characteristics. This means that their growth will be hard fought, hard earned, and hardly a walk in the park. "
William Mougayar
Escape
Growth
Evolution
" Let's hope the Canadian public sector starts putting the blockchain on their agenda so we can see a significant difference in how government services are delivered. "
William Mougayar
Hope
Blockchain
Government
" 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
Quick
Security
Treat
" A new DAO is like a startup. It requires a product/market fit, business model realization, and a lot of users/customers. "
William Mougayar
Realization
New
Model
" How do we create new value? You create value by running services on the blockchain. "
William Mougayar
Blockchain
Create
How
" In order to grow-up, blockchains will eventually need a lot of standards that are vendor- and solutions-agnostic. So many areas are ripe for standards developments: smart contracts, tokens, security, storage, messaging, identities, naming, record-keeping, and more. "
William Mougayar
Need
Standards
Will
" 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
Work
Way
Result
" Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It's going to save money; it's going improve a process here and there. It's not going to change their business. "
William Mougayar
Want
Money
Change
" If you think about the web, the web has been an incredible development platform, and everything today is developed on the web. In the future, everything is going to be developed with the blockchain in mind. "
William Mougayar
Web
You
Future
" If you have your own currency, you have your own governance, so each currency becomes their own mini-government. Mini-government is a big word, but it's a body that is governed in a decentralized manner where users have a say, where there's oversight and transparency. "
William Mougayar
Transparency
Say
You
" 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
Business
Create
Early
" In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest. "
William Mougayar
Opinion
Business
Creating
" 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
Two
Activity
Blockchain
" 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
World
Own
Blockchain
" A blockchain-based startup could have a product/service as part of what they are developing, but their stride is best hit when they are also creating a self-sustaining circular economy that is supported by their own currency or tokens and where there is a transactional loop between earning and spending these tokens within their ecosystem. "
William Mougayar
Economy
Currency
Creating
" 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
Trust
Challenge
Blockchain
" With the influx of available cryptocapital that has become widely accessible, it's going to be interesting to watch what happens next, because companies now have the luxury of raising enough money to build simultaneously a product, a company, and an ecosystem. "
William Mougayar
Enough
Luxury
Money
" The blockchain is an asset normalization platform that can enable a new liquidity in transactions, hence creating large networks of usage and value effects with benefits in speed, cost, quality, or outcomes. "
William Mougayar
Speed
New
Quality
" 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
Feet
Blockchain
Business
" Crowdsourced funding via cryptocurrencies is a viable practice. A lot of good ideas and innovative companies are coming out of it. This segment is creating thousands of jobs and companies all over the world. "
William Mougayar
Practice
World
Creating
" 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
Internet
Web
Will
" 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
Reality
Matter
Rest
" 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
Service
Who
Business
" 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
Internet
Standards
Breakthrough
" The old question 'Is it in the database?' will be replaced by 'Is it on the blockchain?' "
William Mougayar
Question
Blockchain
Will
" 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
See
Ignore
Evolution
" 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
Uncertain
Did
Internet