REAL CLEAR CRYPTO: To A Younger Investor, Crypto Is Deeper Than The Huge Returns

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There is no lack of fresh faces working in the digital assets space, but Nathan Frankovitz is not like most young people in crypto.

Frankovitz, a blockchain analyst at Sarson Funds, a crypto asset management and education platform for financial advisors, graduated from Indiana University in 2019, didn’t go straight into crypto.

“I worked in real estate helping institutional investors buy homes around greater Indianapolis,” he said. “Then, in March 2020, that pipeline froze due to the crash that was caused by pandemic fears—with my real estate deals frozen, I had a lot of free time and I started looking for different ways to make money online.”

Joining a Revolution

Frankovitz quickly latched on to cryptocurrencies, and by April 2020 he was convinced that the asset class was “one of the biggest opportunities, both technologically and financially, of a lifetime.”

“There are a lot of financial opportunities, but I think it was really the narrative of decentralization and all the ways that decentralization can manifest that attracted me to the space,” said Frankovitz. “I felt like I’ve always been skeptical about the centralized nature of things and the unfair distribution of power, wealth and influence. I love the idea of a decentralized world where you have decentralized money, finance, decentralized autonomous organizations.

“I believe that one day that will be the reality, so I wanted to be part of that transition.”

A Changing Landscape

As Frankovitz researched the brief history of cryptocurrencies and blockchain technology, he recognized it as a space of fast-paced change.

“Look at bitcoin, which was launched with the idea of there being a peer-to-peer electronic cash,” he said. “A big inflection point in history has been the transition of the bitcoin narrative from peer-to-peer cash to a decentralized store of value, which was brought on by bitcoin’s ability to scale and maintain its stability.”

Furthermore, the emergence of smart contracts platforms like Ethereum have evolved the blockchain space from currencies to networks that allow participants to build and integrate decentralized applications.

Finance, which has slowly come to embrace cryptocurrencies as an investible asset class, is about to feel the brunt of blockchain-driven change, said Frankovitz.

“Once you have decentralized finance, you can start to attract real companies and rapid development,” he said. “Now there’s real culture. Crypto is a culture that can be expressed through artwork, music and gaming.”

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