CryptoMediaClub
Thursday, July 31, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

10 Crypto Ideas That Should be Developed in Bear Market, According to Coinbase’s Brian Armstrong

31.08.2023
A A
0
122
VIEWS
ShareShare

Brian Armstrong, the CEO of Coinbase, revealed a list of ten ideas that he’s most interested in and hopes that developers turn these ideas into reality amidst the bear market.

Despite mounting regulator pressure on the home turf, Armstrong said Coinbase has its hands full with different projects and “doesn’t have time to tackle everything.” The exec stated that the lackluster prices are the optimal time for delving deep into building new projects.

In the latest blog post, Armstrong shared ten concepts that require developers’ attention. These involve the development of projects for – flatcoins, on-chain reputation, ads, work marketplaces, etc., – that would cater to the needs of the Web3 crowd.

“I’m sometimes asked, if you were to start another crypto company today, what would it be? The crypto space is in its infancy. In five years, many entrepreneurs will be looking back wishing they had started a crypto company in 2023. Bear markets are for building, so why not start today?”

  • Flatcoins: A “better form of money enabled by crypto,” as described by Armstrong, that is decentralized (censorship-resistant), tracks consumer prices, and is designed to preserve purchasing power. It may be backed by a basket of assets to track CPI or use an algorithmic approach.
  • On-chain Reputation: This is essentially a decentralized protocol that assigns a reputation score to each address or ENS name based on the graph of on-chain data. According to the exec, this concept will work similarly to how PageRank scores every website and can be used for lending (a decentralized FICO score), ratings on merchants (Yelp), fraud prevention, airdrops to VIPs, etc.
  • Onchain ads: The Web3 iteration of advertisements could operate on the basis of on-chain actions for payouts, diverging from the Web2 ads that rely on views or clicks. These adverts might incorporate smart contracts to define payouts alongside wallets with the ability to select which ads to display.
  • Onchain Capital Formation: Armstrong characterized “Onchain capital formation” as another concept that democratizes fundraising and aids the next wave of ICOs and startups in raising funds on the blockchain in a compliant and reliable manner. The Coinbase chief believes “democratizing fundraising could unlock tremendous latent entrepreneurial energy across the world.”
  • Job/Task Marketplace: This concept of a marketplace aims to eliminate major barriers to the global job market by addressing issues regarding routing payments to individuals cross-border.
  • Privacy for L2: The sixth idea put forth by Armstrong was “layer 2 privacy,” a concept that introduces confidential transactions to Layer 2.
  • P2P exchange on-chain: The current P2P exchanges are run by centralized entities that are susceptible to external pressure that might lead to shutdown, eroding personal freedoms. Armstrong floated the idea of a decentralized P2P exchange – run entirely on-chain, with escrow, reputation, and mediation.
  • Onchain games: Armstrong believes the potential of how cryptocurrency can intersect with games has only begun to be explored, with much more to discover beneath the surface.
  • RWA: The CEO doubled down on the need to build more real-world assets powered by “programmability, composability, 24/7 global liquidity, and trust-minimized settlement.”
  • Tools for network states: According to the Coinbase exec, this movement could help accelerate start-up cities and network states, which, once launched, will need tools to manage voting, fundraising, governance, citizenship, and more.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10? 
All news

Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10? 

30.07.2025
0

According to supposed insider sources, Binance may be preparing to list Pi Network on August 15, adding bullishness to the...

Read moreDetails
JPMorgan Partners with Coinbase, Letting Millions of Chase Customers Buy Crypto Instantly

JPMorgan Partners with Coinbase, Letting Millions of Chase Customers Buy Crypto Instantly

30.07.2025
Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

30.07.2025
PAXMINING Makes Litecoin Cloud Mining Easy, Efficient, and Hassle-Free

PAXMINING Makes Litecoin Cloud Mining Easy, Efficient, and Hassle-Free

30.07.2025
Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers

30.07.2025
Load More
Next Post
BONE Inches Towards 200,000 Address Milestone Amid Shibarium Hype

BONE Inches Towards 200,000 Address Milestone Amid Shibarium Hype

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Pi Breaks 45-Day Slump with 15% Pop on Chainlink Integration — $1 Target Now in Play

Pi Breaks 45-Day Slump with 15% Pop on Chainlink Integration — $1 Target Now in Play

1 month ago
DeFi Protocol Rari Capital Settles Misleading Investor Allegations with SEC

DeFi Protocol Rari Capital Settles Misleading Investor Allegations with SEC

10 months ago
Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

Price analysis 8/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

2 years ago
ZK-proof Web3 infrastructure developer gets backing from Binance Labs

ZK-proof Web3 infrastructure developer gets backing from Binance Labs

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

PAXMINING Makes Litecoin Cloud Mining Easy, Efficient, and Hassle-Free

Hong Kong Authorities Clarify Licensing Rules for Stablecoin Issuers

Revolutionizing Crypto Mining: XRP Mining Empowers Global Users with Smartphone-Based Cloud Mining

SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs

Growing Popularity of Ethereum in Corporate Crypto Treasury Reserves

Trending

Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k
Analysis

Bitcoin whipsaws below $116k amid largest hourly correction in two weeks; risks of further pullback to $114k

30.07.2025
0

Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%,...

Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10? 

Pi Coin Price Prediction: Binance Listing Rumors Heat Up Again – Could PI Skyrocket Past $10? 

30.07.2025
JPMorgan Partners with Coinbase, Letting Millions of Chase Customers Buy Crypto Instantly

JPMorgan Partners with Coinbase, Letting Millions of Chase Customers Buy Crypto Instantly

30.07.2025
Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

30.07.2025
PAXMINING Makes Litecoin Cloud Mining Easy, Efficient, and Hassle-Free

PAXMINING Makes Litecoin Cloud Mining Easy, Efficient, and Hassle-Free

30.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz