I Digs - The Best Cryptocurrency Exchange

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

i d x is one of the best exchange venus out there that also happens to be decentralized and mobile friendly. It processes two to three billion dollars every day in volume, and has 35 perpetual swaps as of this recording. Unlike other layers or two in high speed texas, you don't actually have to wait to withdraw your assets any more. And their i o s mobile f is also live right now, and it's amazing because it's compatible with meta mass coin, base, walled coin, 98 hab wallet and a lot of the most popular mobile wallets out there.

How are some users getting paid to walk?

StepN is a Walk-to-Earn mobile app and in less than 6 months, they managed to amass 1.7 million monthly active users and up to 400k users are using it on a daily basis.

This episode, Co-Founder Yawn Rong shares with us:

How is StepN actually paying users and is it sustainable?
Comparison of StepN over competitors and their moat
StepN’s vision for the future

Host: Jason Choi @mrjasonchoi . Not financial advice.

------------ Timestamps -------------

(00:00:00) – Introduction

(00:02:32) – Introduction to StepN

(00:05:49) – Designing Users’ Cost Of Participation

(00:07:12) – Revenue Mechanism

(00:11:13) – Demand and Design Of StepN’s Tokens

(00:14:12) – Social Aspect Beyond Walk-to-Earn

(00:19:29) – Partnerships With Brands

(00:24:30) – Comparison To Other Platforms

(00:28:50) – Strategy For Massive Player Adoption

(00:33:36) – StepN’s Moat Over Competitors

(00:40:30) – Anti-Hacking/Cheating Mechanisms

(00:43:41) – More On StepN’s 2 Tokens - GST & GMT

----------- Sponsors -------------

dYdX is the Leading Decentralized Exchange for trading perpetual contracts. Users enjoy low fees, deep liquidity, up to 20x more buying power and even earn $DYDX from trading. Trade on dYdX today at: https://trade.dydx.exchange

----------- More Resources ---------

Guest

StepN’s Website: https://stepn.com/

StepN’s Twitter: https://twitter.com/Stepnofficial

Yawn Rong's Twitter: https://twitter.com/yawn_rong

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

------------ Disclosures -------------

Disclaimer: The Blockcrunch Podcast is an educational podcast and newsletter for informational purposes only. The host invest in cryptoassets actively and may hold assets discussed in the newsletter or podcast. All content contained within this podcast is intended for educational purposes only and should not be construed as any form of financial advice. The Blockcrunch Podcast, its associates and affiliates are not liable for any decisions third parties choose to make.