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What are Crypto 2.0, Ripple, and Ripple Labs?

Crypto 2.0 is the name given to all cryptocurrencies created after Bitcoin.  These second generation protocols fix many of Bitcoin’s intractable problems. One of the more significant problems addressed is the 40 minutes it takes to clear a Bitcoin transaction.  Another improvement is on the compliance front, preventing illegal applications such as money laundering, tax evasion and the like.

Ripple is the most successful Crypto 2.0 protocol.  Ripple is an open source, peer-to-peer payments system with 3 – 5 second transaction clear times. Ripple lets you transfer any asset across the network, with automatic currency conversion and fast settlement, while featuring the irreversibility, distributed robustness, and negligible fees that come with cryptocurrency technology.

Ripple’s success to date has led to it having the second highest market capitalization of any cryptocurrency, after Bitcoin. By using Ripple for financial transactions, you can send money anywhere in the world, in any currency, in a way that is secure, instant, and free. It was created by Ripple Labs which is backed by leading VC funds such as Google Ventures, Andreessen Horowitz and Core VC.

Who do you invest in?

We fund technologists and entrepreneurs who are passionate about making a difference in the world of payments, transactions, and currency markets. Ripple makes any transfer of value cheaper, faster, and more secure, empowering the success of ambitious business models that disrupt the status quo and have the potential to create world-changing, profitable companies.

Some of the particular areas we are excited about include remittance, transactions, and micro-payments. But the scope of possibilities in this area is wide; if you have a great idea or strong coding chops, we want to hear your story.

Who are you guys?

We are a group of successful entrepreneurs, company operators and investors who are uncontrollably excited to help build companies, and want to see more entrepreneurs taking advantage of the potential in crypto currencies and the Ripple protocol. Our team has helped to create many successful ventures in the Internet, e-commerce and FinTech space, and we see Ripple and crypto currencies as the next major technology disruption that will create new opportunities, improve people’s lives, and create significant wealth. From business creation to regulatory expertise to corporate development to technology, we have the experience and resources to help you succeed.