Slides for 2 hours workshop at Fintech Minsk by 21xhipster and Valery Litvin

1. @21xhipster & Valery Litvin
Fintech Minsk
26 June 2016
cyber • Fund
Blockchain Vision

2. Blockchain is
Currency Technology Concept
Database with special properties
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3. Consensus Algo
Objective Hybrid Subjective
PoW & PoS Casper, Tendermint Ripple, Stellar
Economic Incentives Economic Incentives +
Authority of Nodes
Authority
How nodes validate inputs and save a timeline
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4. Mining as a concept
Cyberspace
World of bits
Calculation Storage Transmission
Meat Word
World of atoms
Production Transportation Distribution
How participants earn rewards
Bitcoin PoW is a proof of concept
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5. Economic Network Infrastructure
Cyberspace
World of bits
Calculation Storage Transmission
Protocol Layer
Cases
EVM IPFS No
Economic Layer
Cases
Ethereum
Gridcoin
Steem
Lisk
Sia
Storj
Safe Network
Swarm
Filecoin
Factom
No
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6. Networks of Intelligent Entities
Economic activities
based on preprogrammed immutable rules
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7. Currencies
~100
trillions
Currency M0
Intrinsic Value!
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10. Programmatic Corporations
~1 billion
organisations to automate
~100 trillions in Public Stocks
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How to get 50M dollars?
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12. Digital Content
Photo, Video, Sound, Text
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13. Robotics and AI
Source: Visual Capitalist
minus ~20 mln jobs in 5 years
minus ~30 mln jobs in 10 years
minus ~40 mln jobs in 15 years
Blockchain is perfect command and control tool
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14. If a robot can Earn, Hold and Pay,
well….
He (or she) can do Everything that You Can
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cases
Labs
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17. 17

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20. Bets
~1
quadrillion
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case
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21. Game
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187365 639578 100000 791245
Rules:
1. Don’t know each other
2. You gues + $100
3. You don’t gues - $100
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22. Realities: VR & AR
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2 Billion gamers
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23. Tickets
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24. Governments
200 Independent
100k local
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Half
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25. Identity
7B People Passports
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Estonia
case
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26. Real Estate and Land
149M km2
$ 200 trillions
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Ukraine & Georgia case
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27. Titles
Educational Certificates, Badges, Awards, etc.
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28. Goods
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29. Blockchain Investment Space
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30. Blockchain Space
DAOs & Dapps
Public
Blockchain Services
Private
Permissioned Blockchains
Private
Tokens!
Bitcoins Only
$10B market cap
Legal Entity
Coinbase or 21.co
Fiat Only
~ $5B private cap
Legal Entity
Eris or Linux Foundation
Unknown
Censorship Resistance
Immutability
Crypto-Fiat Bridge
Compliance
Consulting for service providers
Cost reduction for enterprises
Our Focus
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31. Blockchain Assets vs Traditional Assets
Blockchain Assets in Public Ledgers Traditional Assets
Availability Global
Transferable
Public - Locked in Markets
Private - Closed Groups
Full control Yes No
Taxation Optional Mandatory
Limits No Yes
Transparency Cheap Expensive
Privacy Cheap Impossible
Programmability Yes No
Examples Bitcoin - bitcoins
Ethereum - ethers
Factom - factoids
Coinbase - US equity
21 Inc. - US equity
Factom Inc. - GB equity
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32. Forget About Bitcoin Maximalism
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Total share of Bitcoin
in cybereconomy
70%
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33. Lifetime Blockchain Crowdsales
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Raised Diluted Dead Results
$ 200 mln
250 000 bitcoins
~ 10%
Mining + Dev
$ 1 mln
5.5 projects
+ $ 1.4 bln
+ 3 mln bitcoins
29 projects
on paper
23.5 projects
live
20 000 people participated
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34. Secret Sauce
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White paper and/or PoC Code
7x return
in 32 month
Including DAO fail. Overwise 30x
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35. Blockchains as the Biggest Opportunity
since the Internet
The new Internet of Things, Values, Chains and everything
No theory. Proof of Concepts are in Production clickable
Smart Contracts Autonomous Devices Programmatic Corporations
Finance, Law & Middlemen disruption enabled Control Layer for Internet of Things Disruption of White Collars enabled
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36. Blockchains as the Safe Haven
What would you do if Everything fall?
How to save my money?
Negative Interest Rates Bearish Stocks Still Overheated Real Estate
Fiat Finance is under Existential Threat Buy or Hold or run to Gold? Miserable Bank Deposits?
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37. What if Uber is designed
like Bitcoin?
2009
Legal Entity
Available for SV guys
2010
Blockchain Entity
Available for Everybody
2016?
Blockchain Entity
Available for Everybody
~300%
CAGR
~350%
CAGR
>400%
CAGR
Why Blockchain Investments are Superior?
Blockchain secret sauce?
Tax Free Low-cost General Purpose Tech Economic Incentives
No ability to enforce without owner
permission. Supranational,
borderless and permissionless.
No need for buildings and people to
operate. Once programmed it just
works as defined.
1 specialized blockchain can disrupt
dozens of industries and thousands
of companies.
In the core of success are properly
designed economic incentives that
command&control network behaviour
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38. Faster than Google and Facebook together
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39. cyber • Rating
Evaluation Space Digital Assets Economy
proofs are in a blockchain
Paper Assets Economy
proofs are on a paper
Evaluation Purpose Growth & Risks Creditworthiness
Truthfulness Algorithmic Opinionated
Evaluation Process Community Driven Closed Expert Circle
Decision Making Decentralized Centralized
Rating Acquisition Nearly Free F@#%ing Expensive
Score Freshness Near Real Time Months of Delay
Base on
Open Source
Decentralized Measuring Spec
IFRS
GAAP
How to Evaluate Assets of the Next Internet?
White paper draft & Proof-of-Concept implementation 39

40. Best Blockchain Investment
Your time!
Educate yourself and Learn
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41. Decentralized Autonomous Organization or DAO is a decentralized network of
nodes, defined by consensus protocol and programmed to perform autonomous
transactions by dividing work into computationally intractable tasks (which it
incentivizes humans to do) and tasks which it performs itself.
★ Organisation
They are free and independent entities
★ Autonomous
Once up to speed, they no longer need or heed their
creators
★ Distributed
There are no central points of control or failure that
can be attacked
★ Transparent
Their books and business rules are auditable by all
★ Confidential
Customer information is securely and incorruptibly
protected
★ Trustworthy
Because no interaction with them depends on trust
★ Fiduciaries
Acting solely in their customers’ and shareholders’
interests
★ Self-regulating
They robotically obey their own rules
★ Incorruptible
No one can exercise seductive or coercive influence
over them
★ First-class entities
They possess their own digital resources
What is DAO?
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42. What is DApp?
Decentralized Application or DApp is an application built on top of some consensus
protocol and satisfies the following criteria:
➔ generate tokens according to a set of criteria
➔ could distribute tokens at the beginning of its operations
➔ tokens are necessary for the use of the application
➔ any contribution from the users is rewarded by payment in the application’s tokens
★ Open source ★ Decentralized ★ Autonomous
Source code is open for
everybody
Data and records are
cryptographically stored in a
public, decentralized blockchain
or distributed ledger
Operate autonomously, with no
entity controlling the majority of
its tokens at the time of issue
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43. Blockchain startup?
Oldschool ➔ Hardcore
➔.
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44. Oldschool investments and projects
$ 1B
Accumulated Investments
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45. Hardcore Crowdinvesting
$18 M
$6 M
$6 M
$150 M
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46. Crowdfunding
Decentralized crowdfunding
● ICO for 1 cent
● No third party
● Receive digital shares
● Access to money after the objectives
● Worldwide funding
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47. Tips for devs
● Spend 3 months in order to make sense of what has
been done, before you start to invent your own bike.
● Try technology yourself!
● Write a paper first. Take a feedback
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48. Tips for devs
Do not store private keys!
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49. Tips for devs
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50. Our Projects
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51. 100x
in 72 months
50x
in 22 months
10x
in 13 months
4x
in 25 months
Satoshi • FundSince 2011
Blockchain Asset Management
We Proud of our Decisions Proof
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52. 50% in $ and 15% in BTC
Profitability Since Inception
15%
in Possession of Portfolio Managers
$0.5M
Assets Under Management
First Satoshi•Fund product
Satoshi • PieSince 2016
Blockchain Traded Fund
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53. Current Results
30
Assets Listed
700
Individual Investors
$3M
Assets Under Management
Cyber • FundSince 2014
Decentralized Investment Service
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54. dao.fundProject
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Graphene based
Is DAO
Evaluation and Indexing of Blockchains
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55. cyber • Fund
Follow Up
- Whitepaper: Crypto Property Evaluation
- Ranking: https://cyber.Fund
- Презентация: Блокчейн Разрыв Шаблона
- Статья: Как грамотно инвестировать?
- Аналитика: Blockchain Boom

56. cyber • Fund
Connect
- Twitter Flow: @cyberfundio
- Gitter Chat: https://gitter.im/orgs/cyberFund/
- Steem Community: https://steemit.com/hot/cyberfund
- Medium Blog: https://blog.cyber.fund