I’ll be interviewing Bobby Ong, Co-Founder and COO of Coingecko this week!
In the interview we will be discussing:
- DeFi Wave – Is Coingecko going big on DeFi?
- Cleaning up fake volumes on exchanges – How do we identify fake volumes in the exchange space?
- Coingecko research – what are they finding with recent trading trends?
What is Coingecko? Coingecko was launched in 2014 and is one of the world’s leading cryptocurrency data aggregator and tracking over 7,000 different cryptocurrencies. Coingecko also provides distinctive metrics such as user scores which survey users’ outlook on the coin. (Ativan) Another distinctive metric is “Trust Score”- Coingecko’s rating algorithm which holistically ranks a cryptocurrency exchange based on factors such as liquidity, trading activity, cybersecurity etc. so as to combat fake exchange volume data.
This video is aimed at all levels of cryptocurrency enthusiasts so feel free to ask Bobby your burning questions about DeFi, cryptocurrency projects, exchanges and this space in general. I’ll personally be giving out prizes for:
- Most Creative Question;
- Most Insightful Question; and
- Funniest / Weirdest Question.
To ask a question, leave a comment in this post below!
It seems you are the inspiration of the BC Heroes card Coin Gecko. Do you have knowledge of this NFT asset and where you in collaboration with the making of it?
Q1 – How to check the fundamentals of defi projects which are pumping 200-5000% overnight , are they long term viable or just hype craze and pump and dump schemes.
Q2- Are real use cases taking back seats and it’s just launch a new coin everyday , why every project needs new coin or token ,won’t it increase the number of coins /tokens equal to number of websites in world
Q3- Is Coingecko planning some metrics to show some metric for fundamentals,trustworthiness and true business value of projects as I think mcap based on number of coins * price is somewhat flawed metrics
Q4- What would be crypto industry from 10 years from now , feeless , fastest transactions with equality to all and world global economy shifted to humanism or crypto will become even more capitalistic market such as like Microsoft , Facebook,Amazon ,Google and big crypto monopolies will rule the market , Binance already started to becoming one of the contender
Q4- For governance tokens the people are more cared about price of the token than actual utility to vote , very less projects see good participation in voting , most of the projects are still centralized and team and some key person holds major say, do you think it will change in coming time
Q5 – Do we will have a DAO comparable to United Nations , instead of member countries , citizens of every country will be part of it and big world reforming and help to needy people and nations will be supported by this worldwide DAO.
Q6- Security is becoming the major concern of crypto , Crypto was invented for hackproof smart money but right now it’s getting most easily due to either lack of knowledge or lack of good security protocols and softwares.. do you think security will be the biggest hype of crypto sector in coming years.
Q7- What are the future plans of Coingecko, will it get acquired like binance or go public through ICO/IEO or launch a DAO giving governance token with Centralised system fully taken down with time
Q8- is Coingecko researching a possiblity to migrate site on decentralised hosting such as IPFS, BTFS and will a fully decentralised fast dynamic site will be possible within couple of years
Q9- How Coingecko will mitigate conflict of interests and will become truly impartial and transparent in longer terms when stake will be very high
Q10- fun- is farming Coingecko Candies gonna give us maximum yield farming than all the defi coins combined 😜😉
Where did the name Coingecko come from?
Have you considered presenting your users with info similar to that available in yieldfarming.info?
Yo! CoinGecko does awesome in crypto data aggregation, and I saw you guys were expressing a bit more interest in NFTs and art; Does this mean we may see CoinGecko branching into the aggregation of Art and NFT volume/relevant metrics?:)
Is Warren Buffett going to sue you for using the Geico Gecko? He already thinks crypto is rat poison.
Do you verify the circulating and total supply of a token before adding that data to your site?
A follow up question to that is the protocols have tokens releasing into the circulating supply monthly and sometimes daily, what’s your process in getting this data and displaying the correct circulating supply / market cap?
Is coingecko named after the many coins that appear overnight?
What stops Coingecko from becoming an exchange?
Crypto moves so fast, where will coingecko be in 5 years?
Any plans to expand trending search functionality? i.e., filtering trending search results by defi
Hi Bobby,
Q1: May I ask your opinion of the security risk brought by flash loans?
Q2:
In the past, many attacks require lots of up-front capital, like oracle manipulation attacks, but after the introduction of flash loan, it is easier for hackers to launch such attacks.
What the crypto community can do to deal with it?
Thank you!
How can I link my crypto account (let’s say binance account) to API on coingecko to see which coins I am holding is at profit/loss in my binance account?
Thank you
Is there a way to help you dethrone coinmarketcap? You are doing a great job guys. Thanks!
I really like the User experience features in CoinGecko and use it daily. But I have seen CoinGecko adding many unaudited tokens, which would be eventually scams. Is there a way to make or add a tab for unaudited tokens list to avoid inexperienced users falling pray for them. Or a way of adding trust score for each coins: example BTC as 4… then going down to -4(scammy coin)
Why is binance so evil and how can we continue to inform people of their evils like what they did with coinmarketcap