Digital strategy consultant Jeffrey Towson shares 3 key investment lessons from the Coinbase crypto roller coaster. By analyzing Coinbase’s journey, Towson reveals how investors and business leaders can inform their digital transformation strategy and stay ahead of the curve. From navigating regulatory uncertainty to building a robust business model, these lessons offer valuable insights for anyone looking to thrive in the rapidly evolving digital landscape.
Category Archives: Bitcoin
Coinbase Has Shifted from Trading to Assets Under Management. That’s Great. (1 of 2) (Tech Strategy)
Coinbase has made a significant shift in its business model, moving away from a focus on trading and towards assets under management. According to digital strategy consultant Jeffrey Towson, this change is a key part of the company’s digital transformation strategy and has major implications for its future growth. By building out its assets under management business, Coinbase is positioning itself for long-term success in the rapidly evolving cryptocurrency market.
3 Lessons from the Fall (and Maybe Rise) of Coinbase (Tech Strategy – Podcast 223)
Digital strategy consultant Jeffrey Towson breaks down the 3 crucial lessons from Coinbase’s rapid growth and subsequent struggles. By examining the company’s strengths and weaknesses, Towson provides actionable advice for organizations navigating their own digital transformation strategy. From prioritizing user experience to embracing decentralization, Towson’s insights offer a roadmap for businesses seeking to thrive in the rapidly evolving tech landscape.
More Important Strategy Concepts for Web3 (2 of 3) (Tech Strategy)
In Part 1, I went through two strategy concepts for web3. Protocol Networks (i.e., Blockchains) with Property Rights Composability (i.e., Building Blocks) at Global Scale And I teed up two main questions for emerging web3 business models: The Value Creation Question: What is the most important use case and what value does this create for […]
The Big Strategy Concepts for Web3 (1 of 3) (Tech Strategy)
Everyone describes their initial look at blockchain and web3 as “going down the rabbit hole”. It starts simply with Bitcoin and cryptocurrency. Then they go to Ethereum. But then it quickly becomes a sea of confusing, contradictory, and usually half-baked topics. Such as: Decentralized vs. centralized platforms and systems. DAOs (decentralized autonomous organizations) and other […]
The 5 Important Strategy Concepts of Web3 (Tech Strategy – Podcast 133)
Web3 is the next generation of the internet, built on blockchain technology. It has the potential to revolutionize many industries, including finance, healthcare, and education. In this article, Jeff Towson discusses five important concepts that businesses need to understand in order to succeed in Web3.
Coinbase and the Tech Uncertainties of Platform-Protocol Hybrids (3 of 3)(Tech Strategy – Daily Article)
In Part 1 and Part 2, I laid out my approach to web 3.0 business models. These are sometimes called “decentralized platforms”. Or “protocols”. I don’t really buy either of these as I think they overemphasize the decentralized aspect. And that is rarely enough to win as a competitive service. I think most of the […]
Platform-Protocol Hybrids and Why DeFi is the Center of Web3 (2 of 3) (Tech Strategy)
In Part 1, I did a quick summary of the strange mix of ideas that is “web 3.0”. Blockchain, a new technology paradigm that will be built upon for decades. New forms of governance based more on consensus and community. How to disrupt corporate and government authority and shift control and benefits back to users […]
How to Think About Web3 Business Models (1 of 3) (Tech Strategy – Daily Article)
Right now, the venture capital types are all talking about “web 3.0”. Very big names are arguing that this is the big new tech paradigm. But really this is about blockchain, which is a much bigger and more important technology than I had appreciated. When I look at the digital world, I now put things […]