Deal Box Daily Episode 3: July 26th, 2021
In this episode, Jon Alvarado & Brendan McShane of Deal Box Inc. are joined by Taylor Wallace of Total Network Services to discuss Amazon’s new job listing, crypto investors, and crypto ATMs.
Amazon is looking to get into the blockchain space. They are going to be hiring a new lead to create an Amazon digital currency. Anyone that has a product marketing background and a strong understanding of blockchain should look to apply.
A survey done by Yahoo found that among the 89% of people who had heard of Bitcoin, 57% of them were not interested in investing. There are a range of factors that may be holding back investors, from lack of education/understanding, risk tolerance, and advice given to them by their financial advisors.
Binance CEO, Zhao, is stepping down and looking for a new CEO with a “very strong regulatory background”. Binance is trying to become a legitimate financial service provider by changing their leverage from 120X to 20X, getting more regulatory background in their management, and going public. They are shifting away from the original crypto community to follow the money and legitimacy.
Commercial Break – TNS Sponsors Make Crypto Easy Events’s “Mega Park Experience“:
There are now more than 24,000 Crypto ATMs worldwide with 21,000 of them in the US. This makes up 5% of all of the ATM market. A crypto ATM allows their customers to buy/sell crypto using their wallets in exchange for a fiat currency.
Texas has a deregulated power grid, renewable energy, and pro-crypto political leaders. Some of the largest Bitcoin mining companies in the US have moved to Texas including, Riot Blockchain, Core Scientific, and Argo Blockchain.
About Deal Box:
Deal Box is frictionless, intelligent venture investing for the digital age. A specialty consulting firm focused on capital markets strategy, Deal Box utilizes both traditional and digital securities to enhance capital formation for early ventures and growth-stage companies. Through an industry leading Investment Packaging diligence process, Deal Box digitizes highly-vetted securities in private companies to redefine the ownership experience for retail and professional investors.
Founded in 2016, Deal Box was created to democratize venture capital. Through an institutional level approach to capital formation and best-in-class technology, Deal Box has packaged hundreds of early-to-mid stage companies, generating millions in both direct and syndicated over the last four years.