It’s the year 2011. Mayur Kamat buys his first two bitcoins. It’s not for investment purposes but to purchase a VPN connection.
Mayur’s experience with cryptocurrency is quite similar to many active crypto users today. People knew of crypto; it was a fancy technology, and sometimes the price went up or down—albeit quite dramatically at times. Why are developers leaving to join Web3 companies and projects? The reason: builders like Mayur want to be at the forefront of innovation. It’s not the monetary aspect.
“It feels like we're at the cusp of breaking through and creating use cases that were not possible before,” says Mayur. “Throughout my career, I’ve realized where the money and the smart people congregate—Crypto, NFTs, blockchain, Web3, DeFi, and the metaverse. Rewind even just two years ago, and these words were unrecognizable to many. Today, it’s not even a surprise if someone’s grandparents have heard of Bitcoin or Crypto.
For one, Mayur lives and breathes the Binance mindset—the user always comes first. How do we do the right thing? How do we build the right products and experience for our users? And how do we handle our user’s trust during exceptional cases?
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