Coin Base, Robin Hood, All of These Platforms Are Competing to Attract Users

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robin hood is trying to do it a little bit differently from coin base, which is one of their bigest competitors. With robin hood's non costodial wallet, they are saying that they are not going to charge any trading fees or any like gas fees or transaction fees. So all of these platforms are clearly competing to attract users as trading volumes are down. And so this week coin basis made an announcement: heading into this year, we plan to triple the size of the company.

Welcome back, this week Lucas and Anita discuss the continued fallout from the broader market crash and how life is going for crypto giants on the public markets. We chat about FTX’s 30-year-old billionaire CEO buying up a big chunk of Robinhood, which is pumping the gas on crypto even as the market cools. We also discuss trouble at Coinbase and the continued fallout from the collapse of Terra.

In their interview this week, Lucas and Anita chat with Mercedes Bent. Bent is a venture capitalist at Lightspeed Venture Partners where she places bets on consumer products in cryptoland. Before joining Lightspeed, Bent spent some time in the VR world, so we picked her brain on where crypto fits into this metaverse future everyone is clamoring about.

Helpful links:
https://techcrunch.com/2022/05/17/robinhood-lets-users-manage-their-own-crypto-wallets-in-push-to-spur-trading/

https://techcrunch.com/2022/05/17/coinbase-backtracks-hiring-plans-crypto-market-turmoil/

https://techcrunch.com/2022/05/17/encode-club-is-minting-new-web3-developers-amid-crypto-talent-war/

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