Coinbase is one of the most used cryptocurrency apps on iPhone and iPad. But being recognized by a large number of users is only part of a bigger plan. According to the CEO of the platform, Coinbase will be “the apple of cryptocurrency”. And to do this, he intends to emulate a fundamental element of Apple’s economic model.
The statements by Coinbase CEO Brian Armstrong were shared on the company’s blog in a post titled “Embracing Decentralization at Coinbase.” The publication summarizes that on behalf of the application, they assess a great opportunity to build an encryption application store.
Coinbase imitated an apple
In his statements, Armstrong refers to the significant advance in the use of cryptocurrencies now and in the years to come. Yes from Coinbase wants to serve as a reliable bridge to the crypto economy. To achieve this goal, they will develop more services, such as creating their own app store for the market. Thus, you will be able to bring more assets to Coinbase and bring the business to a global scale.
“Apple didn’t try to create all of the iPhone apps, but instead empowered developers and gave mobile device users an easy way to access innovative new apps. We have to do the same in crypto. There is now tens of billions of dollars of economic activity going on on dApps, and a new trend appears every three months. We will strive to provide our users with easy access to all of this from Coinbase’s main product. “
Coinbase compares its proposal to one of Apple’s most valuable creations create an application store with third-party developments. The popular App Store was born months after the launch of the original iPhone, and today it’s one of the most revenue-generating services for the bitten apple company.
