Interview| Partner of FEX: FEX Exchange will fight its way out of line of besiegers
With the coming of the second anniversary for FEX Exchange, we interviewed the founding team for FEX Exchange.
After knowing the ambitions of FEX Exchange from our previous talks with the CEO Roland and the COO GT( Link：FEX CEO Roland：Blockchain Technology Will Wipe Out Half of employees in Traditional Financial Sector；Link：COO of FEX Exchange GT: I’m confident we can become the leading exchange)
It’s honored to welcome our next interviewee, Partner of FEX Exchange Grizz. Hope we could know more about FEX Exchange.
Content:
Interviewer: We’ve heard that you’re already a veteran in this industry. Could you talk about your experiences or share some thoughts with us?
Grizz: Hello, everyone. I think, actually, I’m still a student in this new-emerging industry which is constantly changing and I’m really keen on participating various meet-ups and AMA of those big figures in this circle so as to follow and learn some new ideas and advanced blockchain technologies.In 2016, I came into contact with Bitcoin when I saw this item on a foreign exchange platform, and then slowly learned about it. In 2017, I was engaging in a Blockchian+Insurance project for a HK overseas asset management company, which was quite a success based on the market heat at that time. Until the bear market of 2018, I joined FEX Exchange. Our priority at that time was to survive through the bear market. And we decided to focus on the overseas market, which is really a right choice if you look back now. Otherwise, FEX Exchange can’t welcome its second anniversary.
Interviewer: What is the biggest gain and experience that you has accumulated in the past two years?
Grizz: First of all, I think an exchange must have its own core values and clear and suitable positioning. FEX Exchange’s positioning is a blockchain project incubator exchange focused on overseas projects. Our projects are all over the world, including Mexico, Germany, Singapore, etc. In the current cooperative development trend of blockchain companies, we hope to incubate a series of high-quality global projects and build a all-round global blockchain ecosystem from upstream to downstream together with all projects under our parent group.
Secondly, we must have our own rhythm to be an successful exchange, not blindly following the trend and hold onto our own principles and bottom line instead of simply pursuing fast money. Plus, we must be brave in innovation and insist on doing practical things even in the bear market because you never know when the market will improve and bull market will come.
Interviewer: As a partner, what do you think is the biggest market advantage of FEX in the exchange track?
Grizz: We have the following market advantages in the exchange competition:
1. We have been in the blockchain industry for two years. We have a stable team and sufficient resources and experience in this industry.
2. Our vision is to be a global exchange oriented to global projects,and we have the most cutting-edge blockchain resources in the world. We have a group of partners around the world, who will deliver various blockchain resources to us.
3. Behind FEX Exchange is a powerful investment fund. The whole business of the company is in the blockchain sector. As the terminal trading platform for blockchain projects, we have sufficient cash flow for the time being. This allows us to focus more on our brands and products, and to spare more energy to incubate projects of high qualities.
Interviewer: Recently, several exchanges are having some affairs that investors lose their trust for exchanges. What do you think of this phenomenon?
Grizz: According to unofficial statistics, at present, there are more than 3000 exchanges domestic, which obviously have exceeded the market demand in an equilibrium condition. Thus, the surplus situation is inevitable. Too many exchange operators want to win out in this battle, therefore, naturally, some will be injured or died in the process of fighting. It’s rather normal that more and more exchanges are trapped in terrible issues at present. ‘Survival of the fittest in natural selection’. Only when a number of them fall down can real opportunities come for the competent.
Interviewer:Many exchanges on the market now have recruited a large number of BD to occupy the domestic exchange market with the people tactics. Will you also do this to find the projects?
Grizz: This question is very interesting. As I attended the meeting in Wuzhen last week, many exchange BDs were trying hard to find projects, resulting in that many peers got to say: “Don’t get me wrong, I’m not the BD of the exchange.” as their open lines.
Literally, I won’t deny the effectiveness of this strategy which actually it is very suitable for the domestic market. However, FEX Exchange will not use this method currently because FEX Exchange is positioned as a high-quality project incubator exchange, and we prefer to cooperating with partners in depth. The relationship between the exchange and the project should not be antagonistic, but should be collaborative. We will focus our human resources on operation and products. The purpose is to let the project really go further and behave better in the market together with us.
Interviewer:So what is your strategy to rapidly stand out and compete with others in the market?
Grizz:I think the homogenization of domestic exchanges is fairly serious now, but it is impossible to compete with the Top exchanges if we fight alone and use those simple trading business to occupy the market.
FEX Exchange is building a global blockchain ecosystem from upstream to downstream under the parent group and incubating those high-quality overseas projects as well. We will build and optimize our trading platform and integrate with other different projects under the same parent group, such as mining machines, cloud computing, digital currency lending, investment fund, blockchain technology developing, live streaming , media, blockchain community, etc.
PS.
In the 18th collective learning, the Political Bureau of the CPC Central Committee stressed that “taking blockchain as an important breakthrough for independent innovation of core technology” and “accelerating the development of blockchain technology and industrial innovation”. The top-level forward-looking judgment makes “blockchain” enter the public vision and become the very focus of financial capital, real economy and the public opinion. Under the trend, it is believed that the blockchain industry will embrace a good development opportunity, and blockchain enterprises like FEX Exchange that works hard and grow steadily will surely grasp the trend and make progress rapidly. Therefore, we can cooperate with our strategic partners in a deeper level, more than listing which is our most advantageous product now.
Original interview link:
https://m.jinse.com/blockchain/522651.html?source=m
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