Roger Ver and Fud TV YouTube channel host and developer Elliot recently did a video discussing the most influential people and companies in the crypto industry right now. So who are the people and companies in the list? The list categorizes the obvious top names of blockchain companies/startups based on the number of wallets created on them, based on their participation in enabling masses to buy and sell crypto, and their participation in enabling masses to spend crypto.
Here is the video for the full list:
According to Ver, this would be the most influential company in the crypto industry. It has enabled many people to access and use crypto so far with the largest number of wallets created on it so far than any other company. Blockchain.com, which was launched in 2011, has now over 37 million wallets on it according to their website.
The wallet allows users to exchange and transact bitcoin, ethereum, bitcoin cash, USD, paxos, and stellar lumens and other cryptocurrencies, against top G20 fiat currencies. It also has custody, OTC, Research and other services for institutional traders.
Bitcoin.com is ranked second based on the number of wallets, now with over 4 million wallets created on it and according to Ver, it is the second to Blockchain.com as the most popular. The wallet supports Bitcoin (BTC) and Bitcoin Cash (BCH) and lets users buy any of these currencies via VISA and MasterCard; they can then store, send or receive these crypto from other traders as well.
Coinbase is third as it has allowed lots of people to trade cryptocurrencies, allegedly than any other company in the world. Coinbase, which was founded in June 2012 now has over 20 million users and has traded more than $150 billion worth of crypto. Apart from the wallet, they have GDAX (Coinbase Pro) which is more suited to institutional clients; have custody, Coinbase Commerce suited to merchants who want to receive and transfer crypto.
Binance is fourth on the list because it has also, like Coinbase, enabled lots of people to trade cryptocurrencies, according to the video. The exchange allows users to trade different cryptocurrencies including ETH, BTC, and other cryptocurrencies (over 100).
Apart from the market, it also has advanced charting tools, Binance Coin, and now a LaunchPad for enabling launching of IEOs.
BitPay is a merchant service targeted at outlets and online stores willing to accept cryptocurrencies as payment and customers who want to pay in crypto: it is integrated by over 40 other services including plugins and major e-commerce shopping software such as Shopify, Magenta, Bitmonet, Cydec, Foxycart, and WooCommerce.
It's on the list for allowing lots of people to spend crypto.
With it, merchants can get paid for their products and services in cryptocurrency within seconds and then convert it to fiat when they need it to receive it to their bank accounts or to spend it using the BitPay card on VISA outlets or ATMs. BitPay services can also be used by organizations willing to accept Bitcoin as donations, customers wanting to send invoices to vendors as quickly and easily, as well as individuals wanting to send and receive cryptocurrency to and from peers.
BitPay has processed over $2.8 billion worth of transactions and is now used by millions of merchants around the world to facilitate crypto payments.
Most influential people in the crypto space
1. Changpeng Zao the founder and CEO of Binance:
2. The developers
In addition to developers such as Vitalik Buterin, Gavin Andresen, and Riccardo Spagni, the list also mentions the following as most influential in the crypto industry