The rise of Binance is one of the most astonishing stories in the blockchain space. Within less than a year of its launch, Binance has become the most popular crypto exchange trading over $2bn per day. In the past quarter, Binance made profits of $200m, likely the fastest company ever to reach this success.
Binance Founder and CEO Changpeng Zhao (“CZ”) joined us to discuss why he started Binance and the extraordinary organization they built. We discussed the role of the Binance token, how their strong commitment to values helped build a loyal community, and how he sees the organization evolve in the future.
Topics covered in this episode:
CZ’s journey in the blockchain space from blockchain.info, to OKCoin to founding Binance
The astonishing rise of Binance to $200m/quarter profits in less than 1 year
How Binance went from deciding to do an ICO to finishing it in 2 weeks
Why strong values are a key differentiator for Binance
How Binance built a vibrant and loyal community
The critical role of the Binance token in its success
The principles CZ uses to run an efficient distributed organization
How regulatory competition is rapidly improving the conditions to build crypto companies
Binance’s plans to build a decentralized exchange
Episode links:
Binance Website
From Zero To Crypto Billionaire In Under A Year: Meet The Founder Of Binance
The World's Biggest Crypto Exchange Is Heading to Malta
Binance CEO: The Future of Cryptocurrency - YouTube
Binance Whitepaper
I Don't Like Big ICOs
ICOs — Not Just “Good-to-Have,” But Necessary
This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/235