Tom Shaughnessy’s podcast features Binance CEO Changpeng Zhao, whose path led him to be the most powerful man in the crypto world.
If there is anything left over to the crypto world it is the strong personalities. And it is that, whether it is Justin Sun, Anthony Pompliano, or even David Schiff, our community is full of crypto influencers who compete to make their voices heard above others. But probably no crypto influencer is more important than Changpeng Zhao, the CEO of Binance, and one of the most respected figures in the entire market. So today we talk about what was the path followed by Changpeng Zhao in the Tweet of the day.
One of the most humble builders walks through the early days of Binance, managing a decentralized team of 1,500, competition and scaling to trillions in volume
— Tom Shaughnessy 🧛🏻 (@Shaughnessy119) August 3, 2020
The Changpeng Zhao Road
It was 2017 when Changpeng Zhao started his way in the world of cryptocurrencies. Determined to create a crypto exchange that, operating from China, could become the world’s leading virtual currency exchange platform. For which he launched his own Initial Coin Offering (ICO) to raise funds.
And, although the Binance team quickly found serious problems on its way, when China expelled exchanges from its territory, prohibiting ICOs. The company has not stopped for a single day since its birth, offering several of the most innovative products and services on the market. Becoming despite having originated in Asia, the most powerful crypto company in the western world.
Thus, today Binance has products that range from P2P buying and selling services, a platform for operations with future contracts. Also, a wallet, and even your own cryptocurrency debit card. Making Changpeng Zhao the most powerful man in the world of crypto assets, as Tom Shaughnessy mentions when speaking of the podcast where Zhao was a guest, mentioning his way to the top:
“One of the humblest builders talks about the early days of Binance, leading a decentralized team of 1,500, competing and trillions in volume.”
Thus, Shaughnessy recalls the path of Binance and Changpeng Zhao to create the largest ecosystem on the market. And one of the cornerstones on which cryptocurrencies are based today, thanks to the strength of its products.