EddieJayonCrypto
25 May 22
• Coinbase becomes the first crypto company to be list among the Fortune 500• Spritz Finance raised $2.5M in pre-seed funding• MasterCard's Vice President of New Product Development and Innovation agrees with me• Shiba Inu lead developer, Shytoshi Kusama, says they are going to floor everyone• Unisw...
• Coinbase becomes the first crypto company to be list among the Fortune 500• Spritz Finance raised $2.5M in pre-seed funding• MasterCard's Vice President of New Product Development and Innovation agrees with me• Shiba Inu lead developer, Shytoshi Kusama, says they are going to floor everyone• Uniswap crossed the $1T in trading volume markAs much as I do not believe we have hit bottom yet, there are still bright hopes as I continue along this crypto journey. Here is what is on my mind today.1. Coinbase becomes the first crypto company to be list among the Fortune 500. The company came in second, after Moderna, in revenue growth. I am not expecting the rocket growth trajectory is was on during the pandemic. That said, I am expecting continued growth until adoption significantly increases. At that point, I expect a dramatic shift to even more decentralization. 2. Spritz Finance raised $2.5M in pre-seed funding. This stuck out to me for a couple of reasons. They are a DeFi play and they were able to raise a good amount of money in a seriously down market. Something else that caught my attention are the list of notable investors, including Polygon co-founder Sandeep Nailwal, former Coinbase CTO Balaji Srinivasan and Aaron Harris, former fintech partner at Y Combinator. Remember what I said about utility? I think this project may have checked that box. 3. I am not the only one bullish on crypto adoption. MasterCard's Vice President of New Product Development and Innovation agrees with me! Harold Bossé said there are already millions of people using crypto around the world and believes mass adoption will happen sooner rather than later. As of he report from the Federal Reserve, 12% of the US population has used crypto. Of course, I think that number will grow, but I think momentum will gain and increase the trajectory. I also think that will play out similarly around the world. 4. Shiba Inu lead developer, Shytoshi Kusama, has dropped a hint they are working on something that will "floor everyone". Given media & entertainment veteran Marcie Jastrow has joined their metaverse team, I am expecting something exciting. 5. Uniswap is quietly achieved another milestone. It crossed the $1T in trading volume mark. The benefit of a decentralize exchange is the direct control of your assets the centralized exchanges do not offer. Yes, they can sometimes have higher fees, but when it comes down to it, I think that is a small price to pay when you can have direct control. When people ask me about decentralization my response is simple. The more people learn about it, the more they will want it. It almost a return to the past when people lived on cash and not credit. When leverage was something you did when you needed to lift something. There is a big benefit to controlling your assets directly both personally and as a business.