How Messari is Transforming Transparency in the Cryptocurrency Space - a podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

from 2019-03-04T00:31:33

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Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

This week I sat down with Ben from Messari to talk about transparency in the cryptocurrency and blockchain space. We discuss what it means to be transparent and how these companies have been failing at transparency over the last few years. I really believe that the lack of transparency is disconnecting these projects from their community and causing the community to have trust issues with their audience.

Beyond that, Ben and I discuss a bit about the Ripple Report created by Messari that highlights different areas that Ripple has been doing transparency well and a few ways where they have not been doing it well. This leads us into chatting about the balance between being completely honest with their data and how to relay this information to an extremely biased community.

You can learn more about Messari at https://messari.io/.

Timestamps:

1:50 - Who are you and what role do you play in the crypto scene?

3:40 - What is Messari and What are you doing?

5:45 - What does it mean to be transparent?

7:50 - How does Messari work in regards to working with companies?

11:40 - What does it mean to have a crypto/blockchain company today?

15:25 - What kind of companies are you working with right now and how have they been responding to this initiative?

17:55 - Can we have a self regulatory environment?

19:00 - What do you think will happen as we set more of a self regulatory bar for transparency in the industry?

19:50 - Are you only focusing on projects with tokens?

23:00 - Are you working with companies on financial transparency as well?

25:40 - What is the Ripple report and what did you find?

28:50 - Why is this important for people who hold XRP?

31:30 - How do you deal with fallback from sensitive information from community members of coins/projects?

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