Grayscale CEO & Coinbase COO On The Future of Cryptos | Expert Interview on Cryptocurrencies

Expert Interview on Cryptocurrencies: Grayscale CEO Michael Sonnenshein and Coinbase COO Emilie Choi speak with Bloomberg’s Romaine Bostick at the Bloomberg Wealth virtual summit about the state of play in the cryptocurrency space, and where they see the biggest growth over the next several months.

#cryptos #blockchain

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Grayscale CEO & Coinbase COO On The Future of Cryptos | Expert Interview on Cryptocurrencies

"Cryptocurrency is Becoming so Widespread, That it is Better Not to Shy Away From it"

With cryptocurrency becoming a new investor frenzy on the face of a rapidly inflating global economy, it once again proves the importance of alternative investment instruments in the times of a crisis.

Lately, it went as far as to seize banks under the circle of cryptocurrency-related movement – the US banking regulator recently gave a green light for the banking institutions storing crypto for their clients.

This all points to the new helix of cryptocurrency development, where digital currency slowly but steadily becomes an indispensable part of a real-world ruled by financial institutions.

As the main driver of a new crypto economy, exchanges emerged as neo-financial institutions, all the way back in 2010. The pioneer in the space was Bitcoinmarket.com, who was the first one to introduce the exchange of fiat to BTC with the help of PayPal used for intermediary top-ups.

This feature of swapping one currency type for another remains at the heart of modern crypto exchanges the same as before, only nowadays a number of advanced functionality is added up on top.

Newer versions of them encompass the whole range of cutting-edge instruments ranging from margin lending to futures contracts, which makes them hardly distinguishable from best-in-class Forex trading platforms.

That’s why none of a surprise that most progressive crypto exchanges go as far in their ambition as to get listed on a stock market.

As the space for crypto exchanges grew increasingly competitive, each one of them is trying to come up with a plan to seize a larger bite of a customer base. For that, there are various kinds of incentives that typically range from bonus campaigns to bounty programs.

Some of the most generous ones can bring an additional income of 50% on commission fees for introducing a new user into the exchange ecosystem. Understandably, this may explain why the platforms introducing affiliate programs grow their user base much faster in the first few months than similar non-promotional platforms.

Among platforms actively conquering the crypto space, Buytex steps up with the reward network comprising 6 different income models. By creating a plan to encourage users through generous token bonuses (up to 3X the original investment) and referral bonuses reaching up to 13%, this exchange also comprises a trading platform with low transaction fees, high-security grade, and undisrupted availability.

Today, I’ve been given an opportunity to speak to the CEO of Buytex, Andreas Berg. We found out more about the trends and pitfalls of the current crypto landscape, as well as looked deeper into the future potential of the Buytex exchange.

Andrey Sergenkov: These days, the rising wave of crypto exchanges is flooding the market. In this situation, what is important to succeed and not to sink under the ever-growing pressure of the current competitive environment?

Andreas Berg: When you are running a crypto exchange, it is important to understand what your strong and weak edges are. Focus on improving strength and mitigating the weak ones, that’s the golden rule. For now, our weak edge is increased competition. But we are overstepping that by focusing on creating an enhanced market offering, particularly through the number of referral and token bonuses. They will be especially attractive for the ones who haven’t experienced cryptocurrency trading before. In Buytex, we beat on the rising popularity of crypto and on the rapid growth of DeFi, what will most likely make our exchange with the rising wave of the neo-finance solutions.

Andrey Sergenkov: Although the field of cryptocurrency is relatively unoccupied and presents a lot of fresh opportunities, it is still becoming more challenging to come up with something dramatically new, as various crypto niches already become taken. What is the key to staying innovative on this dense crypto playground?

Andreas Berg: Add value. That’s the key. In our case, we are trying to make our platform as easy and attractive for new entrants as possible. Although the niche of crypto exchanges is not that novel, we are still trying to make things differently by encouraging customers to participate through token giveaways and reduced commission fees. Also, our platform gives a level of security which is almost unbreachable, what is clearly one of the most important criteria of any crypto exchange. I think, there should be no problem finding these features independent from one another on various platforms - but where can I find it all in one? Buytex is a clear answer.

Andrey Sergenkov: It all sounds very promising, but let’s be frank - the regulatory framework of the current crypto markets remains somewhat swampy. It seems to me, it is yet hard to say what future will crypto face once fully incorporated there. What is your take on this?

#interview #ceo #crypto #cryptocurrency #blockchain #crypto-exchange #interview-transcript #cryptocurrency-exchange

Grayscale CEO & Coinbase COO On The Future of Cryptos | Expert Interview on Cryptocurrencies

Expert Interview on Cryptocurrencies: Grayscale CEO Michael Sonnenshein and Coinbase COO Emilie Choi speak with Bloomberg’s Romaine Bostick at the Bloomberg Wealth virtual summit about the state of play in the cryptocurrency space, and where they see the biggest growth over the next several months.

#cryptos #blockchain

Techno Loader

Techno Loader

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Cryptocurrency Development Company | Hire Crypto Developer in India

What exactly comes to your mind when you hear the word “cryptocurrency development”? If you are new to this domain then you certainly need the read the history of bitcoin, but if you already know it a bit but haven’t got profound knowledge of this subject, then this blog is for you. In the past few years, this technology has become very big and it has started to penetrate many other industries. With the power of cryptocurrency, it is possible for every startup to eliminate all the obstacles related to finance or any other segment of the business.

cryptocurrency development

How does Cryptocurrency become a beneficial technology for every business?

This technology comes with a decentralized ledger that contains information in the most secure way. Also, it safeguards the data through the most dynamic tools and programs that we haven’t seen in the existing centralized mechanisms. It takes the forward approach and it gives you all the benefits that you want to ensure for your enterprise. Moreover, it does not matter how exactly you go about your business, you can induct this process in a very seamless fashion. It brings a very high-level of quality and efficacy into the whole thing.

If you run a small or big business, it is a must that you get familiar with the working of blockchain. By introducing new crypto tokens in your company, you take a step forward and make things very rewarding. This happens as you are able to control and manage every single step in your firm. Other than streamlining the work environment, you can bring some great prospects that are mostly unseen by the entrepreneurs. That’s correct, this particular framework enables you to gauge your risks and also to prevent them in a systematic way.

It helps you get clear with your future plans as you can see your revenue and expenditure better straight. Other than that, it is easier for you to have a proper strategy and to execute it when you are devoid of dynamic structures. Once you have introduced this ecosystem in your company, then it is time to prepare your team for endless possibilities. Besides the myriad opportunities, they also get prepared for many other situations that have a proper position in the niche. With this technology, you can achieve all of that while keeping things prolific.

What is the right way to induct crypto technology into your small or big enterprise?

To make the most of this pioneering concept, you have to get more profound in your approach and select a team of experts. If you don’t do that, there are many volatilities that might drive your operations berserk. With a conventional solution, it is possible to only get some better measures, but with crypto, you get to introduce something different. When it happens you get to bring some positive impacts that last for very long. Besides that, things get a more explicable system that manages the information in a structured architecture.

Once you have inducted this technology as a mainstream system into your business, there is no other hurdle in the way. Besides all that, you get to build an ecosystem that is full of automated gateways. Furthermore, no traction can be altered and you can check every single entry with all the details. The blocks contain the information in a perpetual way so could always refer to it and get things working in line. Things get more explanatory and you help the other resources to get aligned with the remaining sources. This system gives you a properly sorted system for all the tools considered for the future.

With this ledger, it is possible to sum up the efficiency of the current ops. In addition to that, you make a very smart move in your business and convince all the investors to put their money and mind into it. Crypto becomes a matchless solution for every company and its implication also becomes very timely. It prepares you for every such situation that you might come around in the future. By managing the expenses and revenue, you get an upper-hand in your respective market and impress the prospective customers as well.

How exactly should I search for cryptocurrency developers?

Before starting the hiring process, it is pivotal that you have some knowledge about this fintech solution. If you don’t then you can also take the help of blockchain consultants and be clear about the suitability of this framework to your business. When you start the whole process, you must examine every candidate very well with technical questions. You have to be sure that your project gets what it truly deserves and for this, you have to assemble a team of people who understand your vision. Then only, you can make certain that your enterprise gets everything it needs for a clear future.

Every successful project starts with a perfect team and you have to take it very seriously. If you don’t, then it is possible that the startup gets jeopardized in the very beginning. In order to protect your venture from any sort of risks, you must have a prolific system. With this solution, it is possible for you to bring some effective results within a very short time of launching the service. The advantages of this technology are forwarded to you and you get a perfect system that provides a better insight into every industry.

Conclusion

Technoloader is a cryptocurrency development company that makes the adoption of this technology easier than ever. Also, we make it possible for our clients to make the most of blockchain with tailor-built programs. When we work on a crypto-based project, we built it in the most dynamic manner so the process gets more productive. Our developers have not only mastered this solution, but they have also made it a vehicle to acquire ceaseless progress for many companies out there. With our cryptocurrency development solutions, you get to make things very fluid for your company.

Consider crypto for your startup? Make it right with us!
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Skype : technoloader
Email: info@technoloader.com
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Coinbase Clone Script to launch a Crypto Exchange Platform like Coinbase

In the Crypto world, most business people & entrepreneurs are eager to start their cryptocurrency exchange website to make a huge set of profits. For each trade, each coin/token listed on the exchange, every advertisement on the exchange, each deposit/withdrawal on the crypto exchange, the admin of the exchange gets the profits.

What is Coinbase?

Coinbase is one of the popular cryptocurrency exchange platform that lets you trade cryptocurrencies like Bitcoin, Ethereum, and more than 50 crypto assets. This platform also offers storage wallets for crypto assets, Coinbase Earn, Coinbase Pro, and cryptocurrency services for businesses.

The Coinbase Exchange Platform has a fast and user-friendly interface for easily trading cryptocurrencies. It offers very high liquidity and seamless investment with the acceptance of credit cards, debit cards, bank transfers, etc.

Why do users prefer the Coinbase Exchange Platform?

Decentralized mobile apps are available for self-storage of digital assets.

Supported Cryptos - Coinbase Exchange offers access to more than 50 cryptocurrencies.

Supports many cryptos and countries: This Exchange Platform supports a large number of supported currencies and countries.

A solid variety of altcoin choices: Coinbase exchange offers more than 25 cryptocurrencies for investment, trading, and also staking.

Extremely simple user interface: Coinbase is perhaps one of the simplest on-ramps to crypto investing. It is easy to sign up and buy and sell cryptocurrencies within a matter of minutes.

High liquidity: Coinbase consistently places among highly liquid exchanges. This protects the investor from a serious price slippage in an already volatile market.

High-Security Measures: Coinbase exchange has 2-step verification, biometric fingerprint logins, and also stores 98% of users’ funds in offline cold storage.

crypto-to-crypto trading: Coinbase exchange provides more than 60 crypto-to-crypto trading pairs, with more than 40 currencies that can trade for bitcoin, 7 currencies that can trade with Ethereum, and 11 currencies that can trade with USDC — a Stablecoin that whose price is always equivalent to US$1.

Mobile app: The Coinbase applications for iOS and Android are highly rated by users and include many functions and features of the desktop site.

Are you looking to start a Cryptocurrency Exchange Website Like Coinbase?

With Coinbase Clone Script to one can easily build a cryptocurrency exchange website like Coinbase.

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Coinbase clone script is ready to launch website script using which you can establish your own cryptocurrency exchange website like Coinbase.

Cryptocurrency Exchange Development Company

BlockchainAppsDeveloper is the Leading Cryptocurrency Exchange Development Company, offers the best Coinbase Clone Script to start your crypto exchange website like Coinbase.

If you are interested to build your own cryptocurrency exchange, you can get a Coinbase Clone Script. This is a website clone script that comes with superfine and advanced features.

Features of Our Coinbase Clone Script:

Here are some of the desired features we integrate into the bug-free Coinbase Clone Script:

->> Easy-to-use interface

->> Instant exchange

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->> Cryptocurrency Wallet Integration.

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->> Mobile Trading Application for Android, iOS.

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And a lot more salient features are available.

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Brain  Crist

Brain Crist

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Decentralized Protocols Disintermediate Misaligned Agencies

The Decentralized economy based on permissionless protocols is swiftly growing as more people in the world embrace the idea of P2P ecosystems.

It is no wonder the DeFi market has tripled within the past two months to hit a total locked value (TVL) of $3.7 billion according to DeFi Pulse. While skeptics have speculated a bubble, innovators are working round the clock to see to it that more opportunities emerge from decentralization.

Initially, the prevalent idea was Decentralized Finance (DeFi) in terms of financial services like lending and borrowing markets. This has, however, evolved over time as more industries tap into the potential of decentralized protocols.

One niche that has particularly shown to be compatible with the P2P ecosystem is the content creation space which is today dominated by centralized networks run by big Tech. That said, a new decentralized protocol dubbed WOM Protocol is seeking to change modern-day marketing as we know it.

WOM Protocol Pte. Ltd. which is behind the creation of an ad-free marketing environment has in fact partnered with Chainlink in an effort to decentralize the price feeds of its native token.

Being an area with so much potential, I have been following it keenly and decided to have an interview with WOM Protocol CEO, Melanie Mohr. She gave detailed insights on the DeFi space as well as the potential in MarTech which is now a blockchain prospect.

Andrey Sergeenkov:Decentralized protocols are starting to shape a new economy; can you give us some insights as to what demand factors are pushing the space to grow significantly?

Melanie Mohr** :** As with other sectors where decentralization is getting traction, the advertising and marketing area is rife with misaligned interests.

Agents and platforms are incentivized to extract as much revenue as possible from brands and advertisers, regardless of true engagement with real users. Users are annoyed by the onslaught of ads.

Advertisers are confused and disappointed at the effectiveness of the ads, and the inability to do true correlation. Platforms do a minimal amount of fraud prevention, to placate advertisers while still keeping large revenue from them.

Decentralized protocols are an attempt to disintermediate some of the misaligned agencies while providing true shared interests and income for users, platforms, merchants, and brands.

**Andrey Sergeenkov: **What is WOM Protocol’s role as an upcoming contributor to the shared or protocol economy?

**Melanie Mohr : **The WOM Protocol is designed precisely to create and enable this proper interest alignment, to share rewards and advertising revenue to those directly involved. We very intentionally refrained from adding any component of revenue for ourselves, to maintain a proper interest alignment, and to pave the way for eventual full decentralization.

The WOM Protocol scales an entire ecosystem to enable monetization of word-of-mouth content for brands, creators, and publishers. Word-of-mouth content is known as authentic recommendations from real product fans.

Numerous studies across decades prove this form of brand advocacy is far more effective and has a higher conversion than any currently-available marketing channel because the messages come from peers and not the companies.

Brands and marketers do not have an effective and scalable way to properly identify, incentivize, and measure trusted peer-to-peer recommendations. Even worse, methods such as affiliate and influencer marketing compromise the trustworthiness of content and its creators.

The WOM Protocol, together with the WOM Token, provides a way to reward creators without compromising consumer trust in the content and its creators. We are confident that it will become a viable marketing channel for brands, targeting the $335 billion annual digital marketing spend, and the main revenue stream for content platforms.

Our blockchain-leveraging MarTech solution is currently being tested with more than 900 brands–including Adidas - and platforms with a network of hundreds of thousands of creators and authenticators.

**Andrey Sergeenkov: **The Decentralized economy has come to be defined by digital tokens, does WOM protocol have its own native token and how is its value accounted for?

**Melanie Mohr : **We have the WOM token, an Ethereum ERC-20 token, which is traded on a number of top tier exchanges. Within the WOM protocol system, the token is used as a value transfer between users, merchants, brand managers, platforms, and financial investors.

The “users” include both those who create content, those who view and help validate the content, and the platforms who are delivering the interface for engagement, in this case, any digital platform from social networks to e-commerce.

All have a role to play in creating viable and trusted communities, which significantly improves the engagement and reliability of advertising and marketing for brands, merchants, and platforms.

In general, brands and any kind of advertiser purchase WOM and use them to reward content creators, platforms, and content authenticators. They use the WOM campaign manager to access content and interact with the WOM ecosystem of digital platforms that deliver the content to the right audiences.

**Andrey Sergeenkov: **Being still a young market, what do you think can be done to improve the pricing ecosystem of digital assets to prevent manipulation and market arbitrage?

**Melanie Mohr : **We can only view this from WOM’s own perspective. We use a private (but publicly auditable) blockchain for transactions within the WOM ecosystem. This allows us to do transactions with immediate finality and zero transaction cost something which is not possible on public chains.

We also provide a “WOM Crypto Bridge” so that any participant may convert WOM to/from the internal chain from/to public ERC-20 WOM at any time.

**Andrey Sergeenkov: **On that note, does your recent partnership with Chainlink to integrate price oracles reinforce on a decentralization pricing feed approach?

**Melanie Mohr : **Our intention is to remove ourselves from any type of price setting or market-making. ChainLink is a trusted third party that aggregates information about the WOM trading prices from exchanges where WOM is bought and sold by anyone and provides the price information as an oracle, which we reflect users via our app.

We believe that it is critically important that we use transparent, trusted sources of information on the road to greater decentralization.

**Andrey Sergeenkov: **The DeFi boom has seen leading exchanges like Binance list Maker and DAO tokens, what are your future plans to have WOM tokens listed by such exchanges?

**Melanie Mohr : **We certainly expect that as it gains momentum, WOM will be listed on most of the larger ethical exchanges.

**Andrey Sergeenkov: **Ethereum appears to have taken the lead in terms of DApp development, do you think WOM Protocol might grow that big as well?

**Melanie Mohr : **We are not a platform of any sort, and we are not a public blockchain, so we have nothing to say about DApp development. Of course, as a protocol, we are open to engagement by any DApp, from any platform. We are building the first DApps to deliver an interface to engage in the WOM ecosystem, but this can be done by anyone else. The WOM content authenticator is already live on iOS and Android. The very special content rating system is for sure the “soul” of the WOM project.

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