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Showing posts with the label FinTech

Binance Does It Again: Passes Deutsche Bank Quarterly Profits, Continues Leading With Token-based Exchange Model

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I am the author of this article and the original piece of content can be found here on my Medium blog . At the end of last year, I wrote an article entitled  Binance Exchange: Fueling a Hot New Era of Token-based Exchange Models? ,  diving into the  innovative token-based exchange model  Binance  brought to the competitive table.  Unarguably, their business model along with being at the right place and time  has catapulted them to being the top cryptocurrency exchange in the world  —  7-months after starting the business. This is  unheard of in the world of business . A startup becoming the all hailed unicorn within MONTHS.  Unicorn = billion dollar valuation . I don’t know what Binance’s valuation is or if we can even value the organization from a traditional valuation standpoint; however,  their 24-hour volume as I type this is $3.9 billion . They  charge a 0.10% trading fee  — we’ll do the math further down. This comes ...

NEO and Ethereum —Reddit Ramblings on Near-term Developments

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I am the original creator of this article and the original published article can be found here on my Medium blog account. The text in this article is largely in this Reddit feed below, but I decided to put my ‘Reddit ramblings’ into a Medium article so it could be found more easily. I also put some bold/italics to make the read a bit more appealing than staring at a pure wall of text. https://www.reddit.com/r/NEO/comments/8b9a32/neo_could_become_the_ultimate_ethereum/ My thoughts on how the chains will play out in the short- to medium-term: Ethereum continues to cultivate growth in entrepreneurial/startup endeavors/projects  as well as various  Silicon Valley VC’s  getting involved with  Ethereum Dapps  that will  bring cryptocurrency and the overarching blockchain technology mainstream . The community/ecosystem will continue to  experiment  with various  shotgun approach with various ‘crapshoot’ projects as we see some...