In the midst of the bear market, Brian Armstrong, the CEO of Coinbase, is encouraging aspiring developers to take advantage of the slowdown by building out new crypto concepts. Armstrong believes that during periods of market downturn, developers have the opportunity to work on projects that will have a significant impact on the future of the crypto industry.
Armstrong highlights two specific areas where he believes developers can make a difference. The first is the concept of “flatcoins,” which are stablecoins that maintain a fixed value without being pegged to a specific fiat currency. Armstrong sees this as a potential solution to the issue of volatility that plagues many cryptocurrencies. The second area is on-chain advertisements, which would enable advertisers to directly reach consumers on the blockchain. Armstrong believes that this could create a new revenue stream for developers and contribute to the growth of the crypto ecosystem.
As the market experiences a downturn, Brian Armstrong, CEO of Coinbase, encourages developers to work on new crypto concepts. Among the ideas he suggests are “flatcoins” and on-chain advertisements. #crypto #developments #flatcoins #onchainadvertisements #bearmarket
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