DEVCON2, the third ethereum (以太坊) developer conference, drawing a crowd of around 700 people in Shanghai, China, sets off very impressive with talks of technical leader Vitalik Buterin, Swarm developer Viktor Tron and many more.
Apparently one developer announced that Santander bank is researching euro/ dollar backed bearer tokens on the Ethereum network for over 7 months now and suggests will seek regulatory approval to push through.
During the last weeks before DEVCON2 and specially during DEVCON2, the price of DGD (DigixDAO) went through the roof and grew to an ATH of 20 euro, past night. Recent price rally might be due to the new DGX 2.0 token that will be EIP20 compatible and therefore more easy to implement by exchanges.
It will be no surprise if Poloniex adds support for PLU, REP, DGX, DGD, all in one go, to take the market by surprise. Ethereum markets will explode if this will happen.
During the DigixDAO ico, that only went on for about 12 hours before it sold out, one token could be bought for around 3.4 euro, which leaves early investors with an admirable 588% return. Still, DGD is not yet tradeable on Poloniex, the largest altcoin exhange in the world, so there is not much volume yet. It is still possible to buy DGD on Bittrex and speculate on post-poloniex price increase.
Another way to make money in crypto is to participate in ico’s. You could buy ethereum and buy yourself some tokens in a hot new ethereum startup. Just buy ether and invest in ico’s like Iconomi, firstblood, singular-dtv, grid singularity and so on. There are many innovative business models in development on top of the blockchain, which brings unique opportunities to investors. If you only own bitcoin, don’t worry, it is possible to buy ether with bitcoin too.