Invest in blockchain assets.

Lawnmower provides market research & investment tools for blockchain assets like Bitcoin & Ether.

The investment & data hub for blockchain assets.

1
DISCOVER

Get your first exposure to the blockchain asset class with historical performance charts, real-time price quotes, market data, industry news, & exclusive research on top digital assets.

2
INVEST

Open an investment account in less than 2 minutes. Buy or sell at any time with just a few taps, or set up Lawnmower to invest a fixed amount on a weekly or monthly basis.

3
TRACK

Track your portfolio’s performance, compare it to familiar traditional benchmarks, & stay in the loop about emerging assets & market trends.

Real-time prices

The blockchain asset markets never sleep – our asset price data is updated real-time & 24 hours a day, 7 days a week, and all quoted in USD.

performance Benchmarks

Gauge how your portfolio & trades have performed versus traditional assets & indexes like the S&P 500, Gold, & Oil and our own “Lawnmower Blockchain Index”.

account analytics

Simplified analytics on your performance over time are available free to all users, while premium users can request more advanced reports highlighting detailed trade data.

flexible trading

Easily set up fixed recurring purchases to "dollar-cost-average" over time, or buy and sell instantly. Trading amounts are flexible with minimums as low as $5.

Asset resources

Each of our blockchain asset pages features fundamental data including market caps, supply, historical prices, trading volume, key resources like technology whitepapers, and in-depth proprietary research.

industry News

In addition to our own content, we proudly feature top industry news in our app to help keep you up to date on developments in the space.

Introducing the Lawnmower Blockchain Index

Tracking a diversified group of assets representative of the overall blockchain asset class.

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News

January 30, 2017

Lawnmower Acquired by CoinDesk

Today, we’re proud to announce that we have been acquired by CoinDesk, a leading media & events firm in the bitcoin & blockchain industry, making it’s first acquisition after being acquired by Digital Currency Group a year ago.

After our 2 year journey from Florida to San Francisco to New York City, we’re excited to join a strong and rapidly expanding brand. We will now be working full-time in CoinDesk’s Manhattan office and continuing to work on creating content, data, and quality products and tools to help grow the blockchain ecosystem.

As we now approach 2 years of live operation on the iOS & Android app stores (largely in part to an amazing relationship and integration we forged back in San Francisco), we continue to be impressed with Coinbase’s investment services for retail investors that we so heavily leveraged. As we migrate much of our tech and content to the next iteration of CoinDesk’s website and apps, we’re happy to say that we may have the easiest migration process ever for existing users because of this partnership.

Check out the blog post “Lawnmower was just acquired — what does this mean for my Lawnmower account & Lawnmower as a whole?” for more information. Also realize we’ll be continuing to produce research, data, tech, and related at CoinDesk if you like our style of products and content.

We’re beyond pumped to move onto the next chapter of our lives with the closing of this deal and in our new roles at CoinDesk. We can’t wait to add a bunch of new UI & UX updates, asset data, research, and general thoughts to the expansion of CoinDesk, and think it’s the perfect opportunity to help further the growing and diverse ecosystem.

A huge thank you for all of our supporters, users, investors, and friends along our journey including Boost VC, StartupBootcamp Fintech NYC, and an awesome group of angels.

Sincerely,

Alex, Patrick, & Pieter
Lawnmower Founders


Lawnmower Acquired by CoinDesk was originally published in Tales of a Lawnmower on Medium, where people are continuing the conversation by highlighting and responding to this story.

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November 15, 2016

Last Week in Bitcoin & Blockchain

(November 7, 2016 — November 13, 2016)

Bitcoin & Blockchain Asset Price Movement

Bitcoin

Last week was volatile in the bitcoin market once again.

After beginning the week at $710, the price surged yet again to $745 before falling south of $690 and recovering back to $705 back to represent an overall weekly loss of -.83%.

Since the start of the year, bitcoin is now up 62.30%, & since 2016’s low in mid-January, bitcoin is now up 96.54%.

Since 2016’s max in mid-June, bitcoin is now down -8.22%, & since the subsequent minimum in early August, bitcoin is now up 27.55%.

With about 15.987 million bitcoin mined at this point, the current price represents a total market cap over $11.2 Billion.

Lawnmower Blockchain Index (LBI)

Last week, the LBI experienced similarly volatility, falling from about $192.50 to $190 after a quick mid-week move north of $200 that quickly reversed by week end to represent an overall weekly loss of -1.25%.

Since its inception on January 1, 2015, the LBI is now up 90.26%, & since the start of the year, the LBI is now up 60.82%.

Blockchain & Traditional Assets

Last week, we saw mixed yet mostly negative performance in the blockchain asset markets.

The below chart gives an overview of how the LBI, some of its Blockchain Asset constituents, & two traditional financial benchmarks (S&P 500 & Gold) performed last week:

Of the assets featured in the chart above:

  • XMR & S&P 500 were the highest weekly performers, up 31.91% & 1.54%, respectively.
  • STEEM & ETH were the lowest weekly performers, down -23.47% & -5.75%, respectively.

Bitcoin & Blockchain News

Last week was packed with mixed and muddled news across the space to match the asset class’ price movement and the feel of the global macroeconomic and political climate.

  • During last week’s U.S. Presidential election between Donald Trump and Hilary Clinton, we saw extremely quick movements in the traditional and blockchain markets as expectations and realities began to shift.
  • As it became increasingly apparent that Trump would take the victory, the traditional equity futures markets initially plummeted, with bitcoin moving inversely and rising markedly, only for each to converge back to near their original positions within a short time period. It would appear that most market participants are somewhat shocked yet standing by and awaiting the actual actions and decisions to come.
  • I spoke with Karen Webster of PYMNTS.com on their Topic TBD podcast on Friday about some of these events and market movements, the macroeconomic environment and global uncertainty, and how bitcoin and blockchain assets can fit into investors heads and portfolios.

Uncertainty Reigns - Will Bitcoin? | PYMNTS.com

  • Chris Burniske of ARK Invest also spoke on Bloomberg about Trump and bitcoin’s potential as a “safe haven” or “uncorrelated” asset, as well as its function as something of a “gold 2.0” or “gold that can teleport”.

U.S. Election Sends Bitcoin Surging

“Investors are optimistic about blockchain and the pace of its implementation
but not everyone agrees on what it will look like when done”
  • The CME (Chicago Mercantile Exchange, one of the largest derivatives exchanges in the world), launched 2 bitcoin index products intended to be used as reference rates in new financial products like bitcoin derivatives or ETFs.
  • Crypto Facilities designed the index with the CME and several of the top bitcoin exchanges including Bitfinex, Bitstamp, GDAX, itBit, Kraken, and OKCoin will be providing data.
  • Blockchain (the bitcoin wallet company) is said to be beta testing a purchase option within their wallet through a partnership with Coinify.
  • As Coinify ($4M) and Blockchain ($30M) are both well funded, and as Blockchain reports to service a large percent of the existing market of bitcoin wallet holders, the feature addition could potentially expose a large number of users to an option to buy (or sell) more bitcoin within their application.
  • Golem, a project dubbed the “AirBnB for computers” and intended to reside on the Ethereum blockchain in the form of an overall application (or back-end system) for users to buy or sell unused computing power (CPU or GPU time) as well as a token, GNT, designed to be core to the network and used for things like paying other users for computing resources, dominated a lot of the interest of the Ethereum market last week.
  • GNT was issued in a public crowdfunding that took place on Friday, November 11 pursuant to the “smart contract” code written in an Ethereum address. 820 million GNT were distributed to Ethereum addresses at a rate of 1,000 GNT to 1 ETH, with a maximum of 820,000 ETH.
  • 180 million additional GNT were then immediately allocated to Golem, early employees, and investors, however subject to “lock-up” (non-transferability) for 6 months.
  • I covered many of the details of the Golem project, crowdfunding, structure specifics, and more in a CoinDesk guest piece published just before the crowdsale smart contract went live.

Blockchain for CPU? Analyzing Golem's Ethereum Token Sale - CoinDesk

  • Initial demand was extremely large and seen quickly,
  • and much like many of the recent capped sales seen in the article, all of the GNT ever to be created was entirely issued and allocated within 30 minutes.
  • Etherscan currently reports that 675 addresses hold all of the GNT (worth about $15k each at crowdfunding exchange rates), with the top 100 holders owning 91%.
  • At this point, none of the common exchanges for early blockchain asset trading like Poloniex, Bittrex, Shapeshift, or Kraken have yet to announce support.
  • Since the start of Zcash (ZEC) mining, the market cap has been volatile yet continued to rise, while the price has plummeted from its initial astronomical open. As we continue through ZEC’s “slow start” period and the supply is just a tiny fraction of what it will be in the near future, the price per unit necessary to reflect a large market cap is massive.

For an overview or recap on Zcash’s supply structure (especially in relation to bitcoin’s), check out my CoinDesk guest article:

Bitcoin and Zcash: How Do They Compare?

  • For some additional food for thought, Fortune put out a piece last week on the growing universe of blockchain assets with a public poll at the end asking “Which digital currency is most likely to be around in 2021?”. Your choices were “Bitcoin”, “Ethereum”, “Ripple”, “All of them”, or “None of them”, and when I checked the results were as follows:

-Alex Sunnarborg
Founder & CFO — Lawnmower.io

Check out last week’s recap if you missed it!

Last Week in Bitcoin & Blockchain

Disclaimer: All viewpoints are completely my own. Nothing presented represents the viewpoints, opinions, etc. of any corporation or organization and all data/charts/analyses are for illustrative and discussion purposes only and should not be construed or interpreted as fact, advice, recommendation, or anything of similar nature.


Last Week in Bitcoin & Blockchain was originally published in Tales of a Lawnmower on Medium, where people are continuing the conversation by highlighting and responding to this story.

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November 08, 2016

Last Week in Bitcoin & Blockchain

(October 31, 2016 — November 6, 2016)

Bitcoin & Blockchain Asset Price Movement

Bitcoin

Last week was extremely volatile in the bitcoin market. After beginning the week at $700, the price ranged $70 mid-week, rising to $745 and quickly falling to $675 before rallying back to $710 to represent an overall weekly gain of 1.56%.

Since the start of the year, bitcoin is now up 63.68%, & since 2016’s low in mid-January, bitcoin is now up 98.21%.

Since 2016’s max in mid-June, bitcoin is now down -7.44%, & since the subsequent minimum in early August, bitcoin is now up 28.63%.

With about 15.963 million bitcoin mined at this point, the current price represents a total market cap over $11.3 Billion.

Lawnmower Blockchain Index (LBI)

Last week, the LBI was similarly volatile, rising about $2.50 from $192.50 to $195, representing an overall weekly gain of 1.22%, after a sharp mid-week move north of $200 that quickly reversed.

Since its inception on January 1, 2015, the LBI is now up 94.88%, & since the start of the year, the LBI is now up 64.73%.

Last week, the LBI re-balanced into 7 Blockchain Assets — BTC, ETH, XRP, LTC, ETC, XMR, & DASH, each with a market cap north of $50 Million on the first of the month.

Blockchain & Traditional Assets

Last week, we saw mixed performance in the blockchain asset markets.

The below chart gives an overview of how the LBI, some of its Blockchain Asset constituents, & two traditional financial benchmarks (S&P 500 & Gold) performed last week:

Of the assets featured in the chart above:

  • STEEM & XRP were the highest weekly performers, up 57.37% & 2.10%, respectively.
  • DASH & LTC were the lowest weekly performers, down -5.64% & -3.11%, respectively.

Bitcoin & Blockchain News

Last week was full of exciting news across the industry and with numerous individual assets.

Five Reasons the Winklevoss Bitcoin ETF Should Be Approved

  • As Eric Balchunas points out, it’s easy to bring up concerns including “the questionable security and stability of bitcoin and its platforms, as well as possible new regulations” (despite having bitcoin’s price increase over 600% since the Winklevoss’ first filing in July 2013, and the massive growth in the surrounding ecosystem), but it’s worthwhile to analyze some potential upsides & related holes in the current market as well.
  • Some of his supporting reasoning behind the approval of the ETF include: the massive premium on alternative structured products like GBTC, the success of related groundbreaking ETFs in areas like equities, fixed income, gold, and even more niche regional products, extremely risky products like exchange traded notes backed by real bankruptcy potential and funds inherently employing leverage (like popular “3x” directional funds), most people understanding that a bitcoin ETF would track bitcoin which is already known as a risky and volatile asset, and the Winklevoss twins unfettering dedication to the space and industry as a whole.
  • Following up on Bitcoin Core’s Segregated Witness (“SegWit”) code release (making it possible for miners to signal support for SegWit in just a couple weeks, and potentially going live later this year with SegWit transactions in live blocks), Bitcoin Magazine interviewed several bitcoin hardware wallets (including Ledger & Trezor), for more direct information on the benefits of the proposed changes to their firms, products, and userbases.

How Segregated Witness Is About to Fix Hardware Wallets

  • One currently concerning characteristic of hardware wallets is the fact that they do not store the entire bitcoin blockchain and rather rely on connecting to external wallets and software to receive new transactions.
“Hardware wallets don’t store the entire blockchain, nor do they have access to the Bitcoin network directly. Instead, to collect the transaction history, they connect to software that does.” — Nicolas Bacca, Ledger CTO
  • Potential issues occurring from this structure may include “fee attacks” (which may surface when connecting to an insecure or malicious computer) that can alter the structure of a user’s proposed transaction to attribute say the majority of the user’s bitcoin into a mining fee as opposed to the intended result without the user’s knowledge. The way in which the Bitcoin Core developers designed SegWit to change the process of generating signatures and transactions may allow hardware developers to upgrade their product’s codebases and help protect users from these attacks in a much simpler format than the alternatives today.
  • Ethereum continues to find bugs in the platform and solidity (a native programming language) and move towards additional hard forks to continue to improve its network & protocol and de-bloat its blockchain from previous spam attacks.
  • On the topic of highly debated and discussed hard fork and large software changes to Ethereum, EthNews wrote an overview piece on two different consensus mechanisms, Proof of Work (“PoW”), as seen in bitcoin & currently in ethereum where miners attempt to solve mathematical problems to generate the next block in the chain, and Proof of Stake (“PoS”), contemplated for a future ethereum release, a structure in which miners “stake” or lock-up their current ETH holdings to verify transactions instead of iterating over values until satisfying an equation.

Proof-of-Work Vs. Proof-of-Stake Explained

  • Consensys wrote a piece on how the Zcash release and underlying technology may effect Ethereum in the future. Zcash employs a cutting edge branch of cryptography and math called zero knowledge proofs (allowing a user to “prove a statement true without revealing anything about it other than that it’s true”) to allow for optional completely private and untraceable transactions on the Zcash blockchain.
  • What good or legitimate use cases for this type of privacy exist in the world today? Consensys offers up several examples including: a company that wants to protect information regarding its supply chain from competitors, individuals who wish to pay for divorce, bankruptcy, or medical advice discretely, and trading desks and other financial institutions who wish to keep their trades and books unknown from their peers.
  • Consensys then dives into how the Ethereum developers could leverage the work on zero knowledge proofs championed by the Zcash team by either allowing public transactions on the Zcash blockchain to be verified by smart contracts on Ethereum or, more complexly, directly incorporating the technology as a native feature of Ethereum.

What does Zcash mean for Ethereum?

  • Augur released a blog post on their development of a technique to “sharply reduce the duration of their market resolution period — from two months after a predicted outcome can be determined to as low as three days or less — and in a way that doesn’t sacrifice security”.

Faster Event Resolution - The Augur Report

  • Ripple’s Chris Larsen has announced he’ll be stepping down as CEO (and moving to an executive chair role) to be replaced by current COO Brad Garlinghouse at the start of 2017. Garlinghouse was previously CEO of Hightail, a cloud service allowing users to send, receive, digitally sign, and synchronize files, and prior to that was the president of applications and commerce at AOL, and an SVP at Yahoo.
“I am trying to get the right balance between Ripple and spending time with my two young boys. But I couldn’t be happier for Brad, about where we are and how Brad has gotten us here, and what he would be able to do for us going forward.” — Chris Larsen

Ex-AOL, Yahoo executive appointed Ripple CEO

  • Fred Ehrsam (Coinbase co-founder) published a piece on GDAX’s blog entitled “How to Raise Money on a Blockchain with a Token”, spreading an extremely bullish viewpoint on the new trend of blockchain projects raising money via public asset crowdfundings, just shortly after Travis Scher (DCG associate) published a piece very much taking the opposite perspective.
  • Fred dives into areas including when it may be appropriate (“if your project has a network effect”), the structure (when, how much to hold back or vest, etc.), the legality, comparisons to traditional fundraising, and more.

How to Raise Money on a Blockchain with a Token

  • As we rapidly approach the finale of the U.S. presidential elections, many have expressed their viewpoints on how the result may impact the price of and demand for bitcoin. At a similar time, the public has been debating the influence of Chinese trading demand, capital controls, and yuan price movement as it relates to the recent bitcoin rally.
  • In a Yahoo! Finance article last week, Daniel Roberts & I looked at some of this Chinese trading data driving the bitcoin price as opposed to U.S. election predictions, as well as mentioning the impacts of events like SegWit, selling volume in other blockchain assets, and more.
Nearly 99% of all global bitcoin trading activity happening right now is happening in Chinese yuan. Sunnarborg adds that whenever the bitcoin price spikes significantly, regardless of the reason, it feeds on itself and drives it higher. “People see that demand and feel that FOMO [fear of missing out], which drives a lot of new people in. The market is so thin and new, people are hunting for news, anything you hear has an immediate effect. It goes the opposite way as well — if you read bad news about bitcoin, the market has a tendency to panic.

Bitcoin price soars, but it isn't about Trump and Clinton

  • Lawnmower was featured in an article on the Bitcoinist describing our future plans including additional indices, investment tools, analytics, and informative research on upcoming blockchain asset crowdfundings (be on the lookout for a piece on the upcoming Golem sale this Friday).

Lawnmower: Industry-Grade Information for a Next-Gen Altcoin Exchange - Bitcoinist.net

-Alex Sunnarborg
Founder & CFO — Lawnmower.io

Check out last week’s recap if you missed it!

Last Week in Bitcoin & Blockchain

Disclaimer: All viewpoints are completely my own. Nothing presented represents the viewpoints, opinions, etc. of any corporation or organization and all data/charts/analyses are for illustrative and discussion purposes only and should not be construed or interpreted as fact, advice, recommendation, or anything of similar nature.


Last Week in Bitcoin & Blockchain was originally published in Tales of a Lawnmower on Medium, where people are continuing the conversation by highlighting and responding to this story.

read post

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