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?”: A “better form of money enabled by crypto,” as described by Armstrong, that is decentralized , tracks consumer prices, and is designed to preserve purchasing power.