How crypto businesses make money:
1. Build a platform connecting consumers & suppliers
2. Charge consumers a fee for using it
3. Pay most of the fees to the suppliers
4. Keep some of the fees
5. Re-invest in the business (sales, R&D, etc.)
6. Distribute profits to token holders
Crypto winter is here ❄️. I was on the @Coinbase board until 2021 and led its Series D for @IVP. I’ve lived crypto cycles since 2013. Here are my predictions on how and when this crypto winter will end, and how to emerge stronger. 🧵👇/1
29 shopping malls, 13 hotels and four mixed-use communities, now accepts #crypto through #Binance Pay.
Adoption continues. #BNB
https://t.co/eJHxiA9Wwu
For the first time, @MagicEden flipped @OpenSea in Weekly Active Users.
In that same time frame, they've had almost 10x more transactions.
Zoom out.
Solana NFT growth is unstoppable.