When it comes to discussions on Korean economic development in 1960–1985, one of the most common cliches is the phrase “Korean economic miracle.” Perhaps this expression has already snapped, but we cannot deny that it did not arise from a scratch: the economic development of Korea in 1960–1985 really was a miracle.
Today, looking at the shining skyscrapers of Seoul, at the streams of cars, at smartly dressed people, at the shop windows full of goods, it’s hard to imagine how Korea looked only 40 years ago, from the memory of so many still living Koreans. To say that Korea…
Pre-IPO investments are also known as private equity. Investors like financial institutions, hedge or venture funds are buying large shares of private companies before they go public. Due to the size of the investment and risk involved, shares are sold with a great discount which makes this type of investment extremely profitable. Capital obtained by private companies usually utilised to fund new technology development, workforce expansion or new markets entry.
Private equity market has shown some unbelievable profits for the last decades. However, this market is still relatively closed for retail investors. Due to regulation, non-accredited investors are not allowed…
Considering the high interest in Blend Labs, Rasion team have researched the US mortgage market and found one of the most promising property technology company. We would like to bring to your attention Better.com
Market — Proptech
Founded — 2014
Valuation — $6 billion
Total funding — $905 million
Based in New York City, Better is a direct lender working with buyers to transform the entire mortgage process, from application to the funding of a loan. Better.com platform offers a fully digitized process for mortgage search and application, that eliminates commissions, fees and all unnecessary steps. The marketplace is available…
Pre-IPO market attracts more and more attention as private equity firms show eye-watering returns and gain unbillable valuations. In this pick of top pre-IPOs, you won’t find overhyped companies with great media coverage. Analysts from Raison App have picked the most promising companies with exceptional technologies and the most promising future.
The US has produced almost half (48,5%) of all unicorns in the world, thanks to Silicon Valley and developed culture of venture investments. Therefore, it was quite hard to pick 3 interesting companies from different industries.
DigitalOcean is a cloud computing platform that deploys, manages, and scales applications of…
Quite a lot has happened since my last publication on Telegram Open Network. As you may have heard that in October 2019, the US Securities and Exchange Commission (SEC) achieved a ban on the issuance and distribution of GRAM tokens. The Telegram team decided to postpone the launch of the network and offered investors to take 77% of the investment (the rest of the funds went to Telegram infrastructure maintenance and TON development) or wait until April 30, 2020. Absolutely all investors decided to stick with the project. …
Over the past decade, the crypto industry has proven to be a unique industry with a specific audience, which requires a no less specific approach. In this regard, in 2020, the advertising activity of crypto companies is significantly different from that to which banks and various financial companies resort. Industry leaders prefer not to rely on traditional online advertising on Facebook, Instagram, and YouTube. They follow a different path: they work with bloggers (opinion leaders and influencers), rely on MLM marketing referral programs, and actively organize various contests and giveaways with generous prize pools. CoinDesk claims that crypto marketing this…
Ireland got the nickname “Celtic tiger” back in 1994 when Morgan Stanley’s economist Kevin Gardner noted the high economic growth rates in this country, comparable with those of East Asian tigers (South Korea, Singapore, Hong-Kong and Taiwan whos economies were developing at a high pace during the ’80s and the first half of ‘90s). The period of rapid growth, low inflation and declining unemployment in the late 1990s was called the “Irish Economic Miracle”.
The country has changed beyond recognition, it has not only surpassed Britain in terms of per capita income — its neighbour and the former metropolis, but…
Coronavirus has brought a significant social, health, and surely financial disaster to all the economies in the world. Hundreds of thousands of registered cases and tens of thousands of deaths, quarantine, closed borders, and many other outcomes have created an unprecedented crisis for the world community.
Due to panic and fear, financial markets experienced a massive sell-off. At the start of the trading session on 9th of March S&P 500 surged by 7.35%, on 12th by 9.87%, and 16th by 10.5%. During all three mentioned days, a trading activity was temporarily stopped for 15 minutes to prevent a further downfall…
Telegram messenger is planning to launch Gram token within the Telegram Open Network blockchain ecosystem.
Telegram is an encrypted messaging app, with over 500 million active users (as of February) 2021. The initial token offering was conducted through two rounds in February ’18 and March ’18. The total amount raised was $1.7 Billion from 171 investors, with approximately $10 million entry ticket.
Capital raised was used to develop blockchain ecosystem TON (Telegram Open Network) with underlying cryptocurrency Gram. According to the white paper, initially, there will be 5 billion Gram token emission. Telegram users will be able to pay for…
The recent report conducted by the OKEx crypto exchange analytics team represents all significant trends in the stablecoin sub-market. Basing on it and some other assumptions, we will try to understand what is happening in this cryptocurrency segment.
A stablecoin is a type of cryptocurrency that often has its value pegged to another asset, such as fiat currency, precious metals, or other types of crypto.
While major cryptocurrencies experiencing high volatility and your cup of coffee in Bitcoin could cost 50% more in a matter of hours, stablecoin aims to tackle this issue. By being collateralised, stablecoin represents a value…
Blockchain, economics and politics enthusiast.