With a reorganized team and a new CEO, how does the newly launched BTC123 achieve one-stop service?

BTC123 is recognized as the first navigation station in the industry. In 2016, BTC123 launched a mobile app. Recently, it has been involved in large-scale over-the-counter transactions of Ethereum and launched an Ethereum navigation website, which supports one-click transactions of both Bitcoin and Ethereum. The new CEO Zhang Songhao led the reorganized new team to return to the development of Bitcoin underlying services, with the goal of realizing a one-stop service for Bitcoin arbitrage, buying and selling, financial management, and consumption.

Recently, BTC123 CEO Zhang Songhao visited Babbitt and talked about the future development of BTC123 and his views on the industry.

Focus on Ethereum technology, not hype

The most obvious recent change of BTC123 is the addition of an Ethereum navigation station and involvement in Ethereum's official large-scale over-the-counter transactions. Speaking of a series of actions involving Ethereum, Zhang Songhao revealed that the BTC123 team values ​​Ethereum. In terms of Ethereum, BTC123 will provide developers with relevant resource docking. At the same time, as a platform, it will definitely be responsible for the industry and will not take the route of hype:

“We value Ethereum’s technology more and don’t want to hype it up. We will also do more offline technical exchange activities this year. We hope that Ethereum technology can be applied in more aspects of life.”

Talking about Ethereum, Zhang Songhao took the initiative to say that we must talk about blockchain:

"People have gradually recognized the technology of blockchain since the emergence of Bitcoin. But why has blockchain remained tepid for nearly eight years from 2008 to now? Until the past six months, investment banks, startup teams, and even government departments have all set their sights on blockchain? It is because of the establishment of the Ethereum development platform. That is why R3 Alliance, Wanxiang Lab, etc. were established.

Many people are certainly concerned about their own interests, such as the price of coins, which is understandable. So why is the price of Ethereum so tepid now? First of all, the only ones who can raise the price are big players, such as bank venture capital. But why don't they raise the price when they know that Ethereum is good? Because banks have already negotiated not to maliciously hype digital currencies. They only study the technology involved. Secondly, Bitcoin has been around for a long time, and there have been many developments based on the Bitcoin blockchain. The development platform DATT has clearly stated that if it comes to performance, Ethereum will definitely be given priority, because Ethereum can be said to be a more advanced Bitcoin at the protocol level. It is Turing complete, and it solves the problem of Bitcoin's built-in script restrictions. However, in order to recover the investment as soon as possible and considering technical and cost issues, the company has to continue to develop from Bitcoin. These reasons have led to the current continuous fluctuations in the price of Ethereum. Imagine if new entrepreneurial teams transfer their blockchain projects to Ethereum in the future. How powerful will Ethereum be? "

At the same time, Zhang Songhao said, "We are currently planning to hold offline exchanges across the country. The first stop will be in Beijing, and we will also hold meetings in Shanghai, Chengdu, Shenzhen, Wuhan, Nanjing and other places to promote the development of the industry's blockchain ecosystem."

Do a good job in basic work and create one-stop service for the industry

When talking about future development plans, Zhang Songhao has always emphasized that the essence is still to serve users. The first thing is to do a good job of basic work. In simple terms, the planning direction is one-stop service.

"The APP can be said to be the most important aspect of BTC123's development this year. We will work hard to serve users and do a good job in basic work. BTC123 has always been a strategic partner with various companies in the industry. Bikan and Soso are both worth learning from, but BTC123 will also have its own functional attributes. As for trading, it is an innovation in BTC123's functions. At the same time, the current Bitcoin and Ethereum OTC trading functions are more to pave the way for the one-click buying and selling function, rather than the main development direction."

BTC123 will also launch a series of related functional products in the future to simplify user operations and better serve users.

A post-90s CEO leads the way in establishing a new brand image

Zhang Songhao is a veritable post-90s CEO. He has participated in the development and design of many games since junior high school and has rich experience in Internet development. He said that he met Bao Erye at Beijing Garage Coffee. Because he liked the blockchain technology very much, he joined the btc123 team at the end of 2014 and has been doing basic related work.

In response to the question of whether he would feel pressure to take over BTC123, he said:

"As for age, I think as long as you love an industry, you should have the right to participate. Our team participates in operations together. If I say that I am under pressure alone, it is better to say that it is the pressure of our team. If we cannot provide users with better value and better application products, then we will be under pressure."

Due to team adjustments and Zhang Songhao's views on the industry, after taking over the old brand BTC123 this year, he reorganized the team and established a new brand image. The new BTC123 team is located in Chengdu Software Park. As an investor, Bao Erye does not participate in operations and products, but mainly connects domestic and foreign resources for the new 10-person team.

In terms of shares, relevant instructions and the overall team structure will be announced on the website after the reorganization is completed, but what is clear is that the BTC123 team holds the largest share this time.

For more exciting questions and answers, please click: What is the potential of the Ethereum trading market? I am BTC123 CEO Zhang Songhao, welcome to ask!

Editor: Meng Dada
Source: Babbitt Information (http://www.8btc.com/btc123-ama)