Transactions are everywhere, and the exchange model is the best crypto business
As the crypto economy develops and all assets move onto the chain, more exchanges will emerge.
By Mason Nystrom
Compiled by: TechFlow
The superpower of cryptocurrency is the creation of new assets and markets.
As a result, one of the most common and successful business models in crypto is the exchange model. If you’ve been in the crypto space for a while, this isn’t surprising, but I think it’s often underestimated when evaluating crypto companies and protocols.
Exchanges can occur in a variety of contexts, but generally create a venue for trading of a certain asset or service and provide the mechanisms to process those trades.