Crypto Entrepreneurship: Builders and Believers - TOKEN2049 Dubai 2024
TOKEN2049·Wed, Oct 9, 2024, 12:00 AM
Transcript
thanks everyone and like a irony of the life I was the first one to speak at the main stage when the token 2049 started this two days fly by and here I am and on on my way here when I saw that you know more and more people enjoying their drinks and relaxing and networking I realized that I need to be really interesting to grab your attention and here I am uh to start talking about crypto entrepreneurship and how to build stuff and as I represent bitet one of the youngest still one of the largest exchanges in the crypto industry I want to invite everyone to little bit get to know who we are how we build stuff and also learn how we can help more and more team members to build but before I go into you know boring numbers and stat and telling how great we are or we do great things I want to start with my personal story I came to crypto in a very different Journey than most of the people because usually crypto Journeys start with all this media and attention when someone invested $100 and became Rich suddenly and of course we all want to get rich quickly in my journey I used to have a web2 startup that exited at 2.7 billion and after that I was too young to retire and crypto was the next big thing I was really inspired and wanted to come and understand and invest in therefore since 2017 till today it's been a roller coaster emotional journey of ups and downs but on this journey of ups and downs crypto Winters bare markets buol runs and Ico booms and all the things that we saw up and down I believe there are two distinct characters of everyone who been within this ecosystem people who are Builders and people who are believers who don't stick here for that rich get rich quick narrative but who are actually trying to build and they're fascinated about the technology and I believe the recent Reign was a great example how this community is about believing in each other because as I mentioned the first session of the talken when we all trying to find our ways so many people reached out that oh which part of the city are I can give you a lift and it is such a beautiful ecosystem where we do compete we do like that you know being the first and biggest and most and largest but still we are always helping each other I want to invite you to meet the bitet bitet is one of the largest centralized exchanges and we are about uh both facilitating and disrupting the financial industry through centralized exchange but we also offer decentralized wallet and decentralized ecosystem we do have our investment fund that I'll be taking you into that Journey too where we can facilitate that building and believing and all together our journey started uh as I mentioned we are one of the youngest and our journey started of exploration and believing in this industry but it's also an industry is very hard to disrupt when we talk about centralized exchanges it took us two years to come up with the concept of the copy trading and execute it well which actually propelled us to the next level where another two years later we partnered with the Leonel Messi and today we are competing for being top three or four the largest and I think this serves as a great example for every Builder and every believer out there that overnight success really takes a lot of time to build therefore if you are failing to get listed if you are failing to find that brilliant idea never give up and continue building because that great ideas that we usually talk about someone investing in a project someone finding something someone building something fascinating doesn't happen over aight it takes really really long time and the key ingredient is not to give up and after five and a half years almost six years today B get serves around 25 million customers globally and we are number one copy trading platform we leas more than 750 coins and this number grows especially with this new Rush of finding the next gem I think we are one of the best in offering that gems to our users out there and daily we facilitate around $10 billion transactions and it is growing bitet While most most of you know us as a centralized exchange we are definitely more than that we offer a lot of trading and professional tools for the professional Traders whether they are in a retail end or a B2B segment but above that we do have our a large Investment Portfolio where we invest in the ventures We believe We facilitate your growth and development and recently we even like in the middle of the crypto winter or a bare Market we invested into the bitg wallet our centralized wallet to Max was our centralized offerings but there's one reason that I fell in love with bitet before joining the company was bitg get's protection fund we all remember what happened with the FTX and all the other cases and bitet actually before even that was uh preparing to announce its uh protection fund and today it's world's second largest protection fund after the binance uh and what makes B protection fund fund very stand aable and important is that it's only based on usdt and Bitcoins therefore the fund grows in the price the Bitcoin price grows and if anything happens because of the fault of our company ever we have enough funds to replace all our customers if they ever lose any funds but bitet until today never experien any security Bridge or any trouble that would make us to use funds from uh this pool but still it's always better to be safe and prepared than sorry and talking about our Global Builders journey I want to take us into different parts of the world and understand what's happening in there while we talk about United States it's always like a very Luc lucrative Market but it's also about the uh policies and how complicated it is to operate there while in Asia we see a lot of retail end users and also with the Hong Kong and ERS building this new and Forward Thinking legislation I think it becomes a very interesting Market to look into and grow for me even though Europe is always a money center especially thinking of frankurt or London and then thinking about the great institutions and educational uh facilities that out there it's definitely a think tank a gross Hub but I am still concerned about how much legislation can prevent innovation in Europe and definitely today we are in the Middle East and as a bitet in last quarter we grew five five times in this market and I think Middle East is becoming the Melting Pot of the crypto industry with better legislation easy to uh acquire new talent and of course the appetite for the investment therefore I want to talk about you know how to make a every step count and every entrepreneurial journey into the next step and I want to talk about importance of the Partnerships and why who we partner with is important back in times when we wanted to get Leonel Messi the greatest of all time to partner with bitet we were pitching and there was another uh exchange that was wanting the same attention they definitely were bigger than us and had more money than us at some point we understood that this bidding war is definitely needs to come come to its end it's not going to take anyone anywhere and we were literally out of our marketing budget capacity then what we did we reached out to messy team one last time and pitched the bitet as a reliable partner not just a sponsorship and we explain how we can all work together how we are safe and secure and how we care about our reputation our longterm vision and how we can align it with him therefore we ended up getting uh partnership with Messi which is going two years strong and we make every step count and this journey is another Testament why it is important to align and partner with the true Partnerships on your entrepreneurial Journey that is not only about financial incentives but is actually about a true partnership and aligned values therefore I want to talk about the Empower X fund which is like a100 million fund that we offer to the entrepreneurs and Builders who are within the ecosystem who want to embark on a New Journey and who are really looking for the partnership that is not about the money while definitely money is in important especially for those who are you know raising a series or trying to do pre-sale but definitely coming on board with pitkat is more about just the money it's about investment long-term opportunities it's about a vision and it is about getting access to 25 million customers that we are having we do offer our Louch pad and Lounge pool and we are the one of the best performing out there what happens is that bitet has its own bgb token we are the best performing centralized exchange token and last quarter it was alltime high after an alltime High We Stand Strong above $1 price point and every user who holds a bgb token or usdt they are able to participate in our uh Launchpad projects and invest to these direct projects and if you are building a project and you do want to acquire new users and I think it's one of the best tools not just only raise funds but it also helps to acquire more and more users because once they stake their bgb they will be able to get different air drops you will have more users and you will have an exposure to 25 million bitet customers that can Propel you to the next success and here we see that so many projects took advantage of this particular tool of this particular project and we are continuously looking for acquiring these new gems that are really interesting for our end users to come on board while walking around talken I've been approached so many times for different listings and very exciting projects I believe listing a centralized exchange is very important but it can also be a very responsible uh step forward while getting on board the lounge pool and expanding your audience reach can be a great solution for the ones who both want to invest in really really interesting gems but also they're aspiring there's something called launch pool which is a similar mechanism where you can take an advantage to discover new gems and as you see our Lounge pool is doing much better than all the other competitors out there including the binance which we really love competing for and every time we list a project on a lunch pool and I think during the token we are preparing for another Pool X that is very interesting to keep an eye on and definitely consider investing I think these projects are the projects we truly believe and this a project that can make that overnight success happen therefore I believe the world and crypto industry as a young place a platform a playground to build on has a animous opportunities to innovate to build and also to believe as I mentioned in the beginning of my speech it took us so many years to come up with that one great idea which will Propel us to the next level it can always take longer than expected but not giving up not sticking to cycles and always have that big Vision which will drive you forward is very important and I would definitely invite everyone to connect with me whether you want to you know you are an entrepreneur you want to list your project or you are an influencer you want to work with us or any other idea that you just want to share with me you also have the email that I check regularly let's connect together and let's not be only the Believers but turn into the builders and make that next big thing happen and also thank you very much for letting me at talking stage to start and to finish the conference it was amazing amazing thank you thank you thank you thank you so much voger it was a pleasure thank you so much
Automatic transcript — names and jargon may be misspelled.