Wozniak’s Leap into Blockchain
Steve Wozniak, the legendary co-founder of Apple, is making a significant move by co-founding EQUI Global, a venture capital fund that’s all about harnessing the power of blockchain technology. This unexpected twist has been the talk of the town, with Verdict reporting on the news on October 15.
EQUI Global: What’s the Big Deal?
EQUI Global isn’t just another fund; it’s redefining how people invest in technology. Unlike traditional VC firms that often cater to the well-heeled elite, EQUI is shaking things up by enabling non-institutional investors to partake in the action. With a crypto-based backend and EquiTokens allowing for trading on various exchanges, EQUI Global is set to democratize investment in technology.
The Strategy Behind EquiTokens
EquiTokens are the lifeblood of this new venture. Constructed on the Ethereum blockchain, they’re designed to allow easy liquidation through crypto exchanges. Imagine investor-friendly maneuvering—facilitating transactions while sipping your morning coffee. Sounds good, right?
- 80% of investments will focus on tech startups.
- The remaining 20% will delve into diverse sectors, including real estate and the arts.
Wozniak’s Vision
The mission of EQUI Global is simple yet compelling: “seek, support, and fund the blockchain and tech stars of tomorrow,” as Wozniak passionately stated. Already collaborating with over 20 businesses that are in the wings, the excitement is palpable. Wozniak admitted that this marks almost a rare second instance in two decades where he’s committed to a project, indicating how serious he is about diving into this rather tumultuous sea of blockchain ventures.
A Change of Heart?
Here’s where it gets juicy—Wozniak’s views on blockchain technology have evolved dramatically. Once skeptical and labeling blockchain as a “bubble” akin to the dotcom craze, he has warmed up to the idea, particularly endorsing Bitcoin as “pure digital gold.” It appears that the winds of change are blowing in Wozniak’s business philosophy—will he now be trading his bubble tea for blockchain beer?
