The fervour surrounding cryptocurrencies is diverting investment funds away from the space industry , according to Adam Draper , the founder of start - up accelerator Boost VC . Speaking at the recent Space Tech Summit in Silicon Valley , he warned against space - based companies from trying to integrate blockchain and digital currencies , and said space would become a more fruitful sector in three to five years . Elsewhere at the summit , investment companies questioned the lack of information from space start - ups and pointed to how few exits there had been from such start - ups .
The fervour surrounding cryptocurrencies is diverting investment funds away from the space sector, according to Adam Draper, the founder of start-up accelerator Boost VC. Speaking at the recent Space Tech Summit in Silicon Valley, he warned against space-based companies from trying to integrate blockchain and digital currencies, and said space would become a more fruitful sector in three to five years. Elsewhere at the conference, investment companies questioned the lack of information from space start-ups and pointed to how few exits there had been from such start-ups.