Mark Sgambelluri, a cryptocurrency expert and founder of xBTC, discusses blockchain technology, thought leaders in cryptocurrency, building networks, and the importance of research. He also explores transitioning from being a crypto fan to starting a digital asset company, self-education and product design in cryptocurrency, and the significance of engagement and marketing in 2021. Join the xBTC community and explore the future prospects of cryptocurrency.
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Quick takeaways
Cryptocurrency is a technology called blockchain that enables digital trust and offers opportunities for professionals to participate in the crypto space.
Engaging directly with users, building relationships, and spreading awareness are crucial in the crypto space.
Deep dives
Cryptocurrency as Digital Trust
Cryptocurrency is a technology called blockchain that enables digital trust. It allows transactions, social media interactions, and legal contracts to be securely and transparently conducted online. Unlike traditional systems where companies provide trust, the blockchain network itself verifies and guarantees transactions. This democratized system is accessible to anyone and offers opportunities for various professionals to digitize their work and participate in the crypto space.
Engagement and Marketing in the Crypto Space
In the crypto space, engagement and marketing revolve around being a thought leader and being generous with ideas. Building relationships and engaging with the community through platforms like Telegram and Discord play a crucial role. Engaging directly with users and receiving their feedback leads to product improvement. Partnerships are valuable in this nascent space, as collaboration and mutual support can propel projects forward. The focus is on spreading awareness, making crypto accessible, and solving real-life problems using blockchain technology.
Getting Involved in Crypto
To get started in the crypto space, one can begin by joining Telegram and Discord communities, where discussions and knowledge sharing take place. Actively observing and listening to conversations can provide valuable insights and understanding. Buying small amounts of cryptocurrency can help gain hands-on experience with using it. Building networks, being generous with skills, and finding ways to contribute to projects within the crypto community can open doors to opportunities and growth.
From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Mark helps cryptocurrencies go from concept to product, growing one project to 30 million in value. He recently founded xBTC, one of the most diversified and unique tokens in crypto.
Top 3 Value Bombs
1. Cryptocurrency is blockchain technology.
2. Many thought leaders are in Cryptocurrency on social media, and they want to engage.
3. Start building networks and relationships - be generous in sharing your skills and time, and be part of the community.
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