Coinbase has released its first data showing details of its name, subsidiaries and capital markets.

PANews view 43899 2022-1-24 15:21
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Coinbase Ventures has never sold the tokens it has invested in, it is operated by an independent group, and has no influence over registration decisions on the Coinbase platform. The board does not include Coinbase CEO Brian Armstrong or other Coinbase Global board members.

generalize

Coinbase is committed to providing users with fair, transparent, and equitable products. To that end, we have taken several steps to ensure this, including:

We do not deal with inheritance law with parties who are not directly involved in the examination and registration process. This includes board members who are not board members (typically Coinbase board members are not board members), board members, capital markets and external investors.

Coinbase Ventures has never sold the tokens it has invested in., managed by an independent groupAnd it will not affect the recorded decisions of the Coinbase platform..

We do not control the Original Digital Backers Service, including all purchases and sales of live assets, and we do not have any personal information.

As always, we are looking for more technology to better serve our customers. The first is to make it easier for users to track Coinbase digital asset transactions based on their data needs.

Details

Coinbase is committed to providing honest and profitable trading to its users. As we mentioned when launching Asset Hub, our goal is to collect as many assets as possible. In our ideal world, Coinbase is on the one handAll assets that meet cybersecurity rules and standards are listed., we also provide our clients with as much information as possible to make informed investment decisions. We do not endorse registered tokens and only state that the token meets the criteria for registration.

The problem is that from a knowledgeable and legal point of view, heritage takes a long time to become a citizen, considered important because it is rare, and some consider it a guarantee because of its cost. . This is similar to the dynamic generated by Twitter authentication, which started as a measure to evade scammers but unwittingly evolved into uniqueness.

As part of our commitment to focus, we would like to share here many of the things we have done to advance the current registration process and ensure that registrations are not independent of the VC group. Crypto Assets provides detailed information.

Let's start by explaining how it works that we just talked about.

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from coinbase"Digital Asset List Committee"The listing decision is made through a working process defined by the Board, which follows the day-to-day procedures described in the key documents and is reviewed and approved by the participants.

The Digital Devices Commission uses strict screening/inspection procedures to measure assets for compliance, legal and data security issues in order to vote on assets.

The voting committee does not include Coinbase CEO Brian Armstrong or other members of the Coinbase Global board..

Voting results will not be affected by whether Coinbase Ventures or our investors hold any assets, and Coinbase Ventures will increase our stake in the project.

coinbaseConflict of lawsUsed to prevent Coinbase members or employees from participating in transaction listings where they have a financial interest.

Review by the Digital Devices CommissionMost assets are shipped directly from the estate through a heritage hub..

The inspection process is strict and most items subject to inspection will be rejected.

personnel matter

Coinbase prohibits all employees from trading tokens The company decides to register, to ensure that Coinbase does not have any employees (such as non-employees in the real estate token group) involved in the pre-employment .

Negotiation with the first investors

Coinbase does not participate in token determination, timing, and other token information when discussing with early investors (such as investors) in the project.

We have no control and knowledge of the inventory planning of early token traders (VCs, research teams, etc.).

We play a limited role in the lock-in-like mechanism, as transactions are usually made on multiple exchanges (not Coinbase), and even holders of large tokens and most assets don't know about it.

Coinbase Ventures

Coinbase Investments has never sold the tokens it has invested in and has not been involved in making names on the Coinbase platform.

We are long-time entrepreneurs.We may remove some of our assets in the future, but we have no plans to sell at this time.

Our investment company and our trading team operate independently of each other with no overlap or sharing of information.

maintain the company's balance sheet

Coinbase's balance sheet is already included with most of the assets supported by the platform, which helps keep it happy with our customers.

As with Coinbase Ventures, we will be holding the assets for a long time and have no plans to sell at this time.

Large-scale operation in value-added assets is not feasible, but our goal is to expand across a wide range of supporting equipment.

the results are acceptable

As mentioned above, we are always looking for new ways to clarify where we stand with our customers. Although the Coinbase Ventures wallet is public and the cryptocurrency holdings were announced in 10-Q,We plan to make our insurance policies more transparent in the future..

We will update our current assets with a more prominent way to display (a) Coinbase holders and (b) Coinbase Venture-backed assets (whether currently listed or not).

We do not guarantee that our credentials are the best investment or designed information. However, the UI will specify which assets are held by Coinbase and which are supported by Coinbase, allowing users to make more informed decisions about Coinbase's crypto holdings. Of course, you can choose a completely different idea. Essentially, our goal is to provide consumers with an honest and rewarding business where participants are involved in decision-making.

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