#647 Understanding Decentralized Exchanges w/ Peng Zhong

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 29 August 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Peng Zhong is the CEO & President at Tendermint. In this conversation, we discuss decentralization, centralized infrastructure, the pros and cons of decentralized exchanges, and what to expect as more users move into decentralized products. ======================= Do you have a business idea you’ve been dreaming about, but don’t know how to actually start building it? Use Bubble’s drag-and-drop tool to develop custom, interactive, multi-user web apps in hours. Go to Bubble.io to build, launch, and scale real ideas and products without engineers or code! Bubble is the go-to no-code platform for over 1 million builders, and has recently closed a $100M funding round to continue supporting startups like yours, from MVP to IPO. Go to Bubble.io/pomp and the first 500 listeners will get their first month free on any of Bubble’s paid plans. ======================= Okcoin is one of the most popular licensed exchanges. Okcoin is the first to bring new cryptos to market, offering some of the lowest fees in the industry, an easy to use app, and Earn feature--you got to check out their brand new, beautifully designed app! And as of today, they also became the first US exchange to list NEAR. It’s easier than ever to sign up, buy and trade crypto in just 2 minutes on Okcoin with credit & debit cards or just link your bank account to the best new crypto assets. So get started, and go to okcoin.com/pomp =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:07.4	podcast, simply the best podcast out there. Now let's kick this thing off. Pung Zong is a CEO and president
0:13.9	at Tenderman. In this conversation, we discuss decentralization, centralized infrastructure,
0:19.7	the pros and cons of decentralized exchanges,
0:21.8	and what to expect as more users move into decentralized products.
0:26.0	I really enjoyed this conversation with Pung, and I hope you do as well.
0:30.2	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:33.7	First up is Bubble.
0:35.1	Do you have a business idea you've been dreaming about about but don't know how to actually start building it?
0:39.3	Use Bubble's drag and drop tool to develop custom, interactive, multi-user web apps and hours.
0:44.6	Go to bubble.io to build, launch, and scale real ideas and products without engineers or code.
0:50.7	Bubble is the go-to no-code platform for over 1 million builders and has recently closed a hundred million dollar funding round to continue supporting startups like yours from mvp to IPO go to bubble dot io slash pomp and the first 500 listeners will get their first month free on any of bubbles paid plans again if you need a no-code platform that can go from your MVP
1:12.2	all the way to your IPO, you have to be using Bubble. Go to bubble.io slash pomp and the first 500
1:18.7	people get a free month. Bubble.io.combe, go check it out. It's an awesome platform. I highly recommend
1:25.1	it. Next up is OKCoy.
1:30.0	OKCoin is one of the most popular licensed exchanges.
1:34.1	OKCoin is the first to bring new markets and assets.
1:38.4	Offering some of the lowest fees in the industry, an easy to use app, and an earn feature.
1:42.6	You got to check out their brand new, beautifully designed app, super slick, easy to use.
1:45.9	And as up today, they also have a number of assets that no one else has. It's easier than ever to sign up, buy and trade crypto in just two minutes
1:50.5	on OKCoin. You can use credit or debit cards, or you can just link your bank account to the best
1:54.8	new crypto assets. So to get started, go to OKCoin.com slash pomp. Again, okaycoin.com slash pomp. I've had a number of people
	...

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