With the recent surges in Bitcoin and the hype surrounded Elon Musk’s SpaceX – future tech is on the rise and local Australian startups have begun to venture out into new fields.
Both space tech and cryptocurrencies like Bitcoin are on the rise garnering attention locally and internationally.
‘Funding via Cryptocurrencies’
As we begin to see cryptocurrencies become more of a mainstream flavor, so too are more educated startups leaning on ICO’s (initial coin offerings) like Veredictum to bypass the hurdles of the traditional ASX listing rules to raise funding from interested here and internationally.
Locally respected scaleups will also feel less pressure to feature eventually on the NASDAQ, particularly with an internationally accessible ICO on the menu.
The traditional realms of accounting and regulators can only hope to remain in the same millennium as blockchain driven currency becomes ever more versatile.
‘The Rise of Space Tech’
With the popularity of technological archetypes like Elon Musk, many different startups are rising up in response supporting clean energy and future-driven hardware.
AdaptiGrow is a technology that intends to take food production off the grid, and which could eventually be used to people on future missions to Mars.
EVEEH is promoting the use of high luxury electric vehicles (i.e. Tesla’s) as a popular experience, even featuring on platforms like Red Balloon.
JAR Aerospace are pursing the use of Australian-design unmanned aerial drones across a wide degree for commercial usage.
VicHyper are a talented team building vehicles utilizing hyperloop technology with the intention of a future hyperloop between Sydney and Melbourne.
And that’s just the beginning of great 21st century enterprises being forged from our startup community.
