Why Cryptocurrency Is Changing Global Payments

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About Orion Depp:

Orion Depp is a Crypto VC Fund Manager & Crypto Project Advisor.  He is the Co-Founder of Master Ventures Investment Management (MVIM), a Crypto VC Fund which focuses on early-stage tech investments in the Blockchain industry.  MVIM is the institutional investment division of Master Ventures, an Asia-based web 3.0 incubator with over $1 billion under management and backed by Binance Labs.  Orion also serves as an active management consultant (crypto project advisor) to over 30 projects including Layer 1, DeFi, Infrastructure & Gaming.  As a former IPO management consultant for Bain & Co, he specializes in cryptocurrency capital markets including community growth, financial engineering, capital raising, IDO/IEOs, and Centralized Exchange Listings (CEX), most notably to projects built on Solana and SUI.

Orion Depp started his career as an Apple development intern at 17 years old. He then founded a Fintech VC firm with 10+ exits including one to Amazon.com. He then served as a small-cap tech equity analyst for a L.A.-based $1 billion hedge fund and, after that, as a sell-side crypto research analyst.  In 2018 Orion became the first wall street sell-side crypto research analyst to cover Binance (BNB) at only $6, aiding to usher in the acceptance of altcoins as institutional investments in the United States.

Most recently Orion is known for being one of the most prolific and outspoken advisors in the Solana and SUI ecosystems. He served as an incubating crypto project advisor for play-to-earn project Walken, which, after raising $4.2mm and launching on Bybit, grew to become the #7 project in all of Solana with over 500,000 wallet holders, 20 million users and over $27 million in annual revenue.  Through MVIM and individually Orion has co-invested with and advised projects backed by a16z, Animoca Brands, GSR, Big Brain Holdings, Kucoin Labs, Huobi Ventures, Borderless Capital, Republic Institutional, CoinList Ventures, Mirana Ventures, Foresight Ventures, Okex Ventures, Whitebit VC, Crypto Banter Capital, Alameda Research, FTX, 6th Man Ventures, BTSE, Contango, and Blocktower Capital among others.  Orion is a 40 under 40 award recipient and holds an MBA in Investment Mgmt. & Master’s degree in Accounting & Finance from The Wharton School & the University of Southern California (USC) as well as a Bachelor’s Degree from University of California, San Diego.  Orion has over 1 million followers on his social media and is ranked # 6 on the most influential crypto influencers according to Lunar Crush.

As part of his crypto project advisory Orion provides projects with:

 

*Tokenomics/Restructuring

*Management Consulting

*Board seat representation

*Redesign Consulting

*Social media & Community Growth / KOL Strategy for Twitter (X), Telegram & Discord

*Gleam-based Strategies

*Promotion & Liquidity

*Capital-Raising /VC Intros

*TGE (Token Generation Events) including Private & Public Sales

*Institutional & Retail Launchpad Syndicates

*Market Making

* Centralized Exchange (CEX) Listings to Coinbase, Binance, Bybit & Kucoin

 

For more information contact Orion at:

https://www.linkedin.com/in/oriondepp/

https://x.com/Orion_Depp

Digital currency has gathered worldwide consideration as a progressive power inside the universe of money. Conceived out of a longing to decentralize money related frameworks, it challenges conventional monetary designs and presents another type of computerized cash that works without national banks or delegates. With Bitcoin driving the charge, digital currencies have multiplied into a huge number of structures, each introducing its own arrangement of chances and difficulties. The ascent of these computerized monetary standards has lighted discussions about the eventual fate of cash, monetary frameworks, and how people and establishments cooperate with esteem. While the innovation behind digital money is many times seen as promising, the truth of inescapable reception and long haul maintainability stays dubious.

Digital money works utilizing blockchain innovation, a dispersed record that records exchanges across a decentralized organization. This innovation guarantees that exchanges are straightforward, secure, and confirmed by numerous hubs, making it impervious to altering or extortion. The decentralized idea of cryptographic money implies that clients don’t have to depend on customary monetary foundations, for example, banks, which frequently charge expenses or require extensive handling times. All things considered, digital currencies offer quicker and less expensive ways for people to send and get cash across the globe. Bitcoin, the first cryptographic money, was planned as a shared computerized cash framework, empowering people to execute straightforwardly without mediators. As more digital currencies like Ethereum have arisen, the blockchain biological system has extended to incorporate decentralized applications and brilliant agreements, which further upgrade the utility of this new type of advanced cash.

Regardless of the benefits, digital money faces huge difficulties that could restrict its development and standard reception. One of the main obstacles is the unpredictability of computerized monetary standards. The worth of digital currencies can vacillate emphatically in a brief period, setting out both open doors and dangers for financial backers and clients the same. Bitcoin, for example, has encountered gigantic cost swings, frequently determined by theory, market feeling, or news occasions. Such unpredictability can make cryptographic forms of money challenging to use as a solid store of significant worth or vehicle of trade, as Orion Depp organizations and shoppers might be reluctant to execute in monetary standards that might lose or acquire critical worth short-term. This vulnerability has driven numerous pundits to address whether digital forms of money can genuinely supplant customary monetary standards over the long haul.

Notwithstanding unpredictability, natural worries encompassing digital currency mining definitely stand out. Mining includes tackling complex numerical issues to approve exchanges and add them to the blockchain. This interaction requires significant computational power and, likewise, a lot of power. Bitcoin’s confirmation of-work agreement component, specifically, has been scrutinized for its natural effect, as mining activities consume immense measures of energy, a lot of it from non-inexhaustible sources. While some cryptographic forms of money, as Ethereum, are pushing toward more energy-proficient systems like confirmation of-stake, the natural impression of computerized monetary standards stays a disputed matter. As digital currencies keep on filling in prevalence, the interest for more feasible mining practices will probably increment, yet finding arrangements that offset proficiency with ecological worries stays a test.

The administrative scene for digital currencies is additionally unsure and changes altogether across various nations. While certain state run administrations have embraced digital currencies and blockchain innovation, others have put limitations or out and out prohibitions on their utilization. Numerous administrative specialists are worried about the potential for digital currencies to work with criminal operations, for example, illegal tax avoidance, tax avoidance, and misrepresentation. Accordingly, a few nations have acquainted guidelines with guarantee that digital currencies consent to existing monetary regulations, while others are as yet planning their methodology. The absence of predictable and clear guidelines across borders makes vulnerability for clients and organizations that wish to take part in the digital currency space. A worldwide facilitated way to deal with digital money guideline would assist with establishing a more steady and secure climate, however this stays a test as various nations seek after various administrative techniques.

Regardless of these difficulties, the capability of digital money stays irrefutable. Advanced monetary forms offer quicker, less expensive, and safer options in contrast to conventional monetary frameworks. The rise of decentralized finance (DeFi) stages, which permit people to participate in loaning, acquiring, and exchanging without depending on banks, features the developing revenue in blockchain-based monetary arrangements. Non-fungible tokens (NFTs) stand out to the inventive conceivable outcomes of blockchain, empowering the creation and trade of advanced resources that are exceptional and unquestionable. These improvements show that digital currency isn’t a type of computerized cash yet is turning into a key piece of the more extensive blockchain biological system, with applications that broaden well past straightforward monetary exchanges.

Taking everything into account, digital currency can possibly change the worldwide monetary framework, offering new open doors for people and organizations to associate with cash, resources, and worth. Nonetheless, difficulties like unpredictability, ecological effect, and administrative vulnerability should be tended to before cryptographic forms of money can accomplish far reaching reception. As blockchain innovation proceeds to advance and legislatures refine their way to deal with guideline, digital forms of money could turn into a basic piece of the monetary scene. While the eventual fate of digital currency stays questionable, its troublesome potential can’t be overlooked, and its impact on the universe of money is probably going to fill in the years to come.