As the 100 meters sprint races have a psychological limit of 10 seconds, the startups also have a similar limit at $1 Billion valuation to be a “unicorn”. Especially in developing countries, being a unicorn has numerous challenges. Turkey’s first tech unicorn Peak Games shows that your geography doesn’t have to set your course.
Blockchain innovations keep bringing us new and exciting products. After standard cryptocurrencies, the evolution continued with ICOs (Initial Coin Offerings), IEOs (Initial Exchange Offerings), Smart Contracts, etc. and now it’s time for DeFi (decentralized finance). It’s here to replace banks but it may still be a bit early.