TBI - April 2, 2019
Staking vs. Inflation
We’re in the midst of a crypto staking craze.
Diar reports that around $4 billion is currently staked in Proof of Stake (PoS) or masternode networks, a number that will likely increase in the months ahead.
Staking infrastructure from startups like Staked (Q1 funding from Pantera) and Bison Trails (Q1 funding from Initialized), as well as developments at crypto giants like Coinbase and its new support for Tezos (XTZ), make staking the new hot trend. CoinShares CSO (and Messari investor) Meltem Demirors, also mapped out the foundation of the emerging “billion dollar industry” in a post last week.
Why Investors are Hot for Staking
What makes staking so appealing on its surface is that it appears to offer a “risk-free” rate of return on a given crypto asset.
Prior to founding Messari, Ryan was an entrepreneur-in-residence at ConsenSys, and on the founding teams of Digital Currency Group, where he managed the firm’s seed investing activity, and CoinDesk, where he led the company’s restructuring & annual Consensus conferences. He has been an investor & prolific writer in the crypto industry since 2013.