
It has not gone unnoticed that the world’s largest crypto
exchange keeps growing. Gone are the days when was just simply a place
for digital asset . Within two years it has become the ‘one stop ’
for all things crypto, and it has no plans to stop there.
There are a number of similarities between Facebook and
and a recent citing the Coin Talk podcast has delved deeper into the men at the
helms. Just like , Facebook was considered a niche product when it was
launched as it was only aimed at US students. Myspace dominated the social
media scene before Facebook arrived and consumed the competition.
Under the guidance of Zuckerberg, who strived to be cool
while in control, Facebook became a monster with tendrils that touched every
corner of the web. Around 30 percent of the planet’s population uses and it has all
but obliterated any competing platforms or services.
Comparing the two chief executives there are clear similarities, with the popularity of Zuckerberg in the early years of Facebook, and the idol like respect that Changpeng ‘CZ’ Zhao gets from the crypto community today. Jay Caspian Kang who co-hosts the popular said;
“In the film The Social Network, Mark Zuckerberg puts ‘I’m CEO, bitch,’ on a business card. He was play acting a cool guy that doesn’t care about anything, seemed to be just rolling with the punches but is totally in control. CZ is like the real version of that in crypto.”
CZ’s use of twitter to engage with his 333,000 followers and
the wider crypto community has earned much kudos for him and the company he
commands.
It clearly works for which has exploded onto the
scene in just a couple of years. From the early days of being a quirky
platform the company now has offices across the globe, multi-language
exchanges, many with fiat to crypto on-ramps, and an ever growing number of
users.
It doesn’t stop there; products including Labs
incubator, a LaunchPad platform providing instant success to
its selected projects, an educational Academy, research and development divisions,
rivaling Chain and decentralized exchange, and even a charity
have all been added to the growing list.
And we have yet to mention , the
exchange based that has surged 250 percent this year alone and is now the
seventh largest by market capitalization which is currently $3
billion.
There is no denying the over other projects and the emerging crypto
space. This has been clearly demonstrated with the
SV boycott. Time will tell if the crypto company and its enigmatic leader
will follow in the footsteps of Facebook and consume the entire ecosystem!
Published at Tue, 30 Apr 2019 05:03:28 +0000