Supporting investment maturity in third generation blockchain technology

I invest in a range of spaces, with a primary focus on securities, but interests in bonds, start ups and so on. One thing I have not invested in until lately is the field of cryptocurrency or — more properly — blockchain technology. There were various reasons for this, ranging from uncertain fundamentals through to unsustainable energy costs.

My stance changed recently and I decided to both invest in and support Cardano. This is a “third generation” blockchain technology designed for smart contracts, native tokens and other practical applications of immutable public records. The technology, the road-map, the momentum, energy efficiency, transaction pricing and decentralization add up to fundamentals that I think have great potential.

I have spent years building and supporting communities, so I wanted to do more than buy and hold ADA, the token used in Cardano. As with open source, the path from potential to realization in blockchain technology requires both advocates and architects. The hype and wild claims of the early days are giving way to more mundane but practical issues of effective use. It’s important to be part of that.

I decided to contribute by fostering a small community for long-term investment in Cardano. I see this a mixture of value and growth investing, not speculation, and I have begun to publish extensive online strategy material on reddit. The community also has a private mailing list to foster conversation. It is focused particularly those who may share my profile of being aware of blockchains since 2009 but hesitant to add any to their portfolio.

This is a bridge designed to go two ways, also operating as a space to provide traditional investment experience to those who began in blockchains and are seeking to diversify. In the first two weeks we have attracted a number of participants who fit into target demographic, and I am in discussion with more. That is heartening.

I would love if you could provide feedback on how to improve this project, and perhaps take a moment to contribute your knowledge and experience to the community. Most importantly, I hope this can be another small part in supporting the transition of blockchains into an investment-grade rather than speculation-grade asset.

You can check DAWN out at https://www.opendawn.com/dawn/