Crypto Invest Summit: Day 2 Recap

After a great Day 1, including a fireside chat with investors Tim and Adam Draper, Blockchain Beach was back at the Crypto Invest Summit for another full day of panels, keynotes, and fireside chats. You can see all of our live tweets on our Twitter or see the highlights below!

At the first presentation of the day that we attended, SpiceVC presented an interesting stat with how far this market has to grow:

Can security tokens unlock $1.9 Trillion in liquidity? @amibendavid #CryptoInvestSummit pic.twitter.com/CYnTXfMymU

— Blockchain Beach (@blocchainbeach) May 2, 2018

Our own Co-Founder and frequent author, John, was a panelists on the next panel:

The Future of Real Estate, Crowdfunding, Tokenizing & Blockchain with@AndrewRDix @CrowdfundInside,  @rickyng_work247 @ihtcoin, Eric Malley MG Capital,  @philsigler1224 The LendingCoin, and our very own @John_Marchesini @blocchainbeach #CryptoInvestSummit pic.twitter.com/GWdy1BmOjp

— Blockchain Beach (@blocchainbeach) May 2, 2018

He had an interesting way that Blockchain will help with America’s little talked about debt crisis:

We’re facing a debt crisis in America (worse now than in 2008). Blockchain can help residential real estate by creating new lending products. They will let you unlock value from your home, without going into further debt.” – @John_Marchesini @blocchainbeach #CryptoInvestSummit

— Blockchain Beach (@blocchainbeach) May 2, 2018

and the three major use cases for Blockchain in Real Estate:

“There are theee major RE uses:
1. Exchanging digital currency for assets (@PiperMoretti sells houses in CA)
2. Unlocking liquidity for existing assets, opening new markets for previously illiquid assets
3. Alternative Trading System exchange
–@John_Marchesini #CryptoInvestSummit

— Blockchain Beach (@blocchainbeach) May 2, 2018

The following Keynote was from Crystal Rose, CEO of Sensay, who recently completed a Token Sale for the SENSE Token:

Now: Keynote on The Human Brain on the Blockchain. Crypto, AI and the future of Work with @crystalrose @sensay & SENSE #CryptoInvestSummit pic.twitter.com/3qESMiAscM

— Blockchain Beach (@blocchainbeach) May 2, 2018

Marinate on this one for a minute:

“Bitcoin isn’t the bubble, it’s the pin. Fiat is the bubble, it’s just one that’s been going for awhile” – @crystalrose @sensay / SENSE #CryptoInvestSummit pic.twitter.com/nFcq2FsLYq

— Blockchain Beach (@blocchainbeach) May 2, 2018

Their new Chrome extension seems pretty badass for creators and their fans who appreciate them:

The @sensay SENSE Chrome extension will recognize Ethereum addresses on social media profiles and allow seamless micro payments @crystalrose #CryptoInvestSummit pic.twitter.com/90SR4WCYvX

— Blockchain Beach (@blocchainbeach) May 2, 2018

And from the whiteboard in the Sensay office, a little investment advice:

From @sensay SENSE’s developer’s whiteboard #HODL #CryptoInvestSummit pic.twitter.com/JXxQQp49vy

— Blockchain Beach (@blocchainbeach) May 2, 2018

Next was a fireside chat with eight-time Olympic Medalists and current Blockchain Entrepreneur, Apolo Ohno:

Now: Fireside Chat with @ApoloOhno @HybridBlockHQ and @jtevelow @BlockTeam_io #CryptoInvestSummit @cryptoinvestsmt pic.twitter.com/SeEs6SfjG0

— Blockchain Beach (@blocchainbeach) May 2, 2018

Remember that it’s always ok to ask questions, especially to those that understand Blockchain the most:

“@brockpierce and @ReeveC were my first mentors in the Blockchain space. I tried to pitch them something else and they said “You don’t get it, this is the most transformative piece of technology know to man” – @ApoloOhno #CryptoInvestSummit pic.twitter.com/qNMk7TTVYw

— Blockchain Beach (@blocchainbeach) May 2, 2018

He’s trying to build a better system because he realizes that people don’t always act in their best interests (or have great options):

“People leave their tokens on exchanges (with a single point of failure) because they would rather live with systems that have ease of use over better security. I believe we can have both ease of use and full security” – @ApoloOhno #CryptoInvestSummit

— Blockchain Beach (@blocchainbeach) May 2, 2018

With that, he expects responsible regulation of exchanges:

"We've seen markets become over regulated and its strangled innovation and sent people offshore. I don't think that he SEC is going to determine Ethereum to be a Security, but I do think that regulation is needed to equalize the entire community" – @ApoloOhno #CryptoInvestSummit

— Blockchain Beach (@blocchainbeach) May 2, 2018

And he loves everything happening in LA (he’s frequently here):

In the past, most technology talent has been in San Francisco, but Los Angeles is a collective community that is thriving with the support of @brockpierce, @scottwalker99, @ThisIsDNA, and their open door policy for all passionate entrepreneurs." – @ApoloOhno #CryptoInvestSummit

— Blockchain Beach (@blocchainbeach) May 2, 2018

Next, our friend from Digital LA, Kevin Winston discussed ICOs and the current state of events:

“@DigitalLA did our first Bitcoin event in 2013, but are now doing at least monthly events about Blockchain. We just did a Crypto and Cannabis event on 4/20!” – @kevinwinston pic.twitter.com/wb3FBcrULp

— Blockchain Beach (@blocchainbeach) May 2, 2018

Later, Day 1 star panelist David Bleznak, CEO of Totle, had more to say about taking risks in this industry:

“Don’t give up on the dream. It’s still early so don’t let anyone push you into being something you’re not.” – @bleznak @totlecrypto #CryptoInvestSummit pic.twitter.com/rVMED5mYuK

— Blockchain Beach (@blocchainbeach) May 2, 2018

And finally, the conference closed with a panel on Blockchain and Entertainment:

Last panel of the day: Entertainment on the Blockchain with @lesborsai @Wavemaker_VC Genesis, @mattsorum Guns N’ Roses | @ArtBIT, Andrew Duplessie BlocSide, Lauren Selig @lalatravels MovieCoin, Frank E. Banks @blackstarcap ZEN,  @AnnGreenberg Entertainment AI #CryptoInvestSummit pic.twitter.com/5Pks0QuZno

— Blockchain Beach (@blocchainbeach) May 2, 2018

Former Guns N’ Roses drummer, Matt Soren brought up a great point about a recent viral star:

“The yodeling kid, Hank Williams, needed a platform to immediately monetize his community. The current platforms (that didn’t build his community) earn most of the money he deserves… Artist need to speak out about what they want.” – @mattsorum @ArtBIT #CryptoInvestSummit pic.twitter.com/cy9dlxAcpy

— Blockchain Beach (@blocchainbeach) May 2, 2018

And Entertainment AI CEO Ann Greenberg doesn’t want more of the same, she wants to enable innovative content:

“I don’t want to see the past 100 years of content recreated on the Blockchain. I want to see new forms of entertainment created using micro metadata” – @AnnGreenberg #CryotoInvestSummit pic.twitter.com/mTioGYBLmP

— Blockchain Beach (@blocchainbeach) May 2, 2018

Crypto Invest Summit was one of the premier events of the year and we’re looking forward to the next one. You can see our recap from Day 1 here, which includes a fireside chat with investors Tim and Adam Draper.