Foley and Lardner investors and business executives prefer Ethereum

According to data received from New York-based law firm Foley and Lardner, a group of investors and business executives prefer Ethereum to cryptocurrencies like Bitcoin, Dash, and Monero. To them, Ethereum is their best bet with the safest invest opportunity.

While 38% of investors felt Ethereum was their best bet to invest their money, 35% of the respondents picked Bitcoin that is the icon in crypto world. The co-founder of social news aggregator Reddit, Alexis Ohanian recommends investors to bet on Ethereum if they have any hopes of winning big. Many factors play in Ether being the winner between all coins, but many believe the most talented developers are there that is the most reassuring thing to them. There is also the fact that Ethereum has a huge corporate following that are set to use the outcome of the project and they are called Enterprise Ethereum Alliance. Last year saw a group of thirty banks, technology giants and other companies that formed the Enterprise Ethereum Alliance. The association includes big names like JPMorgan Chase & Co., Microsoft Corporation, Intel Corporation and several other Fortune 500 companies. This creates huge credibility for ether over the coins competing in the same area.

Tags: Technology, cryptocurrencies, Bitcoin, Dash, Monero,Enterprise Ethereum Alliance , Ethereum ,Ethereum  investment

Mohsen Daemi
Latest posts by Mohsen Daemi (see all)