14 Jan Episode 50: Stop Using CoinMarketCap NOW With DAPS CEO Adel de Meyer
Adel de Meyer is the Co-Founder and CEO of DAPS Coin, a cryptocurrency that aims to raise the privacy bar for individuals, traders, and corporations using altcoins to make transactions. She is the Co-Founder of The Crypto Collectors, an online publication devoted to delivering accurate and objective news and information on blockchain gaming, technology, and crypto collectibles. Additionally, Adel is a Social Media and Brand Consultant, author, and speaker and has been recognized as one of the Top 100 Marketing Influencers in 2017 by Brand24.
Andrew Huntley is the Chief Technology Officer at DAPS Coin where he is responsible for managing IT development teams and the building of enterprise-scale applications. He is a Microsoft Certified Ambassador in Computer Training and Development.
Adel and Andrew join us today to discuss what Coinmarketcap is and why they believe their ranking system is severely flawed. We discuss the impact that the Coinmarketcap ranking system has had on DAPS Coin and how it creates the centralization of cryptocurrency. We discuss the secret manipulation occurring behind the scenes of Coinmarketcap and how the company is leaving itself open to legal liability with their system. We also discuss where her company ranks on CoinGecko’s ranking system and the upcoming projects they are working on at DAPS Coin.
“Clearly, the system is flawed.” - Adel de Meyer
This week on Beards and Bitcoins:
What Coinmarketcap is and what they represent to the cryptocurrency community
Why they believe the Coinmarketcap ranking system is severely flawed
How the flawed ranking system is impacting the credibility of legitimate crypto projects
How Coinmarketcap’s crypto ranking system creates centralization
How Coinmarketcap is leaving itself open to liability
Why Andrew believes the crypto community need to be more accountable to each other
How centralizing cryptocurrency hinders innovation, entrepreneurship, and real competition in the altcoin space
How cryptocurrency has become more like a stock market than what it was initially intended to be
The importance of keeping your options open for crypto market ranking resources and vetting your information sources
Where DAPS is ranked on CoinGecko’s ranking system and the projects currently taking place at DAPS Coin
Their thoughts on the future of privacy coins
Connect with Adel de Meyer:
Connect with Andrew Huntley:
This episode is sponsored by MonarchPay. Crypto Starts Here.
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To learn more about MonarchPay and how to get started, visit MonarchPay.com
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