THELOGICALINDIAN - If you had 1 actor to advance in Bitcoin and Ethereum how would you buy and why This is the apriorism abaft a new case abstraction antagonism from Kraken who partnered with The Economist to barrage the program
Also read: Fed Governor: Blockchain Is a ‘Significant Development’ for Finance
Kraken, a leading bitcoin exchange, has launched a new antagonism aimed at students, arduous them to actualize agenda asset advance strategies.
As allotment of the competition, Kraken and The Economist give competitors a academic sum of $1 actor USD to advance in bitcoin and Ethereum. They appetite to apperceive how people would advance those funds — in bitcoin, Ethereum or both?
The aboriginal abode champ of the antagonism will accept $10,000. Second abode wins $5,000, while third abode wins $3,000. Additionally, a “People’s Choice” accolade gives out $3,000.
Kraken and The Economist Want to Know: Which Is a Better Investment, Bitcoin or Ethereum?
The claiming looks to aces afar the two cryptocurrencies to see which one has the best affiance for the future. The analysis belief includes abstruse differences, activity governance, and association values, all of which comedy a role in how able-bodied the currencies accomplish in the market.
According to Kraken CEO Jesse Powell:
“While abounding accept argued that Bitcoin and Ethereum are commutual rather than aggressive technologies, others see Ethereum as Bitcoin’s arch rival. Even if they are complementary, one may prove the bigger advance over the abutting 5 years and that’s area you appear in. Presentations should be attainable to a added admirers with no appropriate ability of blockchain technology. However, we appetite to be wowed by your adult acumen and absolute assay of the new agenda asset class.”
Participants will charge to actualize a two-to-three minute video answer their investment strategies on how to best use the academic $1 million.
Schools accommodating in the antagonism accommodate BYU Marriott School of Management, Creighton University, Johns Hopkins Carey Business School, and Tulane University.
More advice on the antagonism is accessible at The Economist.
What do you anticipate about this competition? Will it accommodate an authentic barometer on whether Bitcoin or Ethereum will be the bill of the future? Let us apperceive in the comments below.
Images address of Shutterstock, The Economist.
