> The largest project by far is the first, companies like crypto.com can just sp... | Hacker News

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		FanaHOVA on Jan 6, 2022 \| parent \| context \| favorite \| on: You Don't Need a Mentor–Find a Nemesis Instead > The largest project by far is the first, companies like crypto.com can just spend billions of dollars on marketing to become a leading exchange, and users still don't really reap tangible benefits from crypto Crypto.com was founded in 2016, FTX in 2018, Coinbase in 2012, Gemini in 2014, Binance in 2017.

RC_ITR on Jan 6, 2022 [–]

Sure. And FTX bought arena naming rights too.

My point being that no exchange is winning on “is a better exchange than competition,” they’re winning on name recognition.

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