Flippening - For Crypto Investors
Flippening - For Crypto Investors
Clay Collins
ShapeShift's Anonymous COO on Operating One Of Crypto's Largest Exchanges (Ep. 0009)
43 minutes Posted Feb 13, 2018 at 7:00 am.
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My guest today is a guy named "Jon."  Jon wouldn’t tell me his last name or where he’s located.

Jon isn't a mysterious figure I met on an underground Telegram pump-and-dump group or a darknet market operator.

To the contrary, he's the COO of one of the largest cryptocurrency exchanges in the world: ShapeShift.io.

Over time, ShapeShift is becoming somewhat of a crypto conglomerate. They recently purchased Hardware wallet maker KeepKey. They also run the pricing website CoinCap and the do-it-yourself index fund creation tool, Prism (currently in private beta).

In this episode, I wanted to speak with the person in charge of end-to-end operations at ShapeShift. This conversation yields an inside look at one of the cryosphere's most influential companies.

Topics include:

  • The thesis that ties together ShapeShift's products, brands, and websites.
  • How ShapeShift is similar to decentralized exchanges, and how it’s different.
  • ShapeShift’s product for creating your own crypto hedge fund, called Prism.
  • The mechanics of how Prism works, and how Prism creates Ethereum-based smart contracts.
  • What ShapeShift's organizational structure looks like.
  • Why people who run exchanges tend to stay out of the public eye.
  • ShapeShift’s relationship with other exchange operators
  • How running a non-custodial exchange differs from running a custodial exchange.
  • Why cryptocurrency exchanges get a bad rap.

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