- Coinbase CEO Brian Armstrong not too long ago shared his areas of best curiosity within the cryptocurrency area.
- Armstrong is presently optimistic about on-chain promoting, on-chain video games, Layer 2 privateness, on-chain P2P alternate, and many others.
- Coinbase CEO made the remarks earlier than the primary Coinbase Enterprise Capital Summit, scheduled to be held in October 2023.
Brian Armstrong, the person on the helm of the biggest cryptocurrency alternate in the USA, not too long ago shared what areas of the cryptocurrency area he’s most involved in. The Coinbase founder and CEO urged DeFi builders to concentrate on ten concepts he believes are vital to the broader cryptocurrency area to assist the subsequent era of cryptocurrency startups.
Brian Armstrong urges builders to discover on-chain purposes
In a latest weblog publish revealed on the Coinbase official web site, Brian Armstrong requested DeFi builders to make use of the bear market as a possibility to develop purposes round ten totally different concepts. These concepts embrace flat forex ideas, on-chain fame, on-chain promoting, on-chain gaming, on-chain capital formation, crypto job/activity marketplaces, layer 2 privateness, decentralized P2P exchanges, tokenized real-world property and software program for community standing.
Coinbase has the sources to construct so much within the crypto area, however we do not have the time to construct all the pieces and need to assist allow the ecosystem round us. We’d like extra individuals to affix us. “
Brian Armstrong, CEO of Coinbase
Armstrong mentioned the above-mentioned areas have large potential within the close to future. Pingbi is a decentralized token that tracks the Shopper Value Index (CPI) to take care of buying energy. The pinnacle of Coinbase believes that flatcoins can clear up the inflation and seizure points related to fiat currencies and stablecoins.
Armstrong can also be bullish on on-chain promoting, gaming, fame and capital formation. He advised builders there’s large potential for decentralized identification, promoting and gaming. To assist such new startups, the Coinbase CEO floated the thought of on-chain capital formation, which might permit startups to lift money globally. Extra new startups will result in demand for crypto expertise, which is the place Armstrong’s crypto job market concept comes from.
Brian Armstrong’s recommendation to DeFi builders comes forward of the first-ever Coinbase Ventures Summit, scheduled to be held in Malibu, California, in October 2023. The occasion will deliver collectively 20-30 groups of high builders within the cryptocurrency area. Crypto initiatives collaborating within the summit might obtain funding from Coinbase Ventures.
