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: Platform-Protocol Hybrids / Web3
Coinbase Has Shifted Its Business 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.
After the Fall of Crypto, Is Coinbase an Opportunity? (Tech Strategy – Daily Article)
High flying Coinbase has fallen to $50 per share, which is about a $10B market capitalization. This is dramatically down from its 2021 IPO share price of +$300. This drop follows mostly from its revenue being directly tied to the prices of Bitcoin and Ethereum. But it also has to do with the tremendous loss […]
My List of Web2 and Web3 Business Models (3 of 3) (Tech Strategy)
I’ve been arguing that digital strategy is mostly about developing expertise in 4 areas. Digital economics Platform business models AI and machine learning Blockchain Each area has lots of depth and most of the subjects listed in the Concept Library are about the first two. The last two are still emerging. But I think if […]
Why Uniswap’s Protocol Is a Threat to Coinbase’s Marketplace (Tech Strategy – Podcast 120)
In this podcast, Jeffrey Towson discusses how Uniswap’s protocol is a threat to Coinbase’s PPH marketplace. He argues that Uniswap is more decentralized and efficient than Coinbase, and that it is likely to attract more users and liquidity. Ultimately, the success of Uniswap and Coinbase will depend on a number of factors, including the adoption of decentralized finance, the regulatory environment, and the competition from other exchanges.
Coinbase vs. Uniswap: How DeFi is Really Disrupting Platforms (Asia Tech Strategy – Daily Article)
There is a lot of talk about how web 3.0, which is about protocol networks, is going to disrupt web 2.0, which is about platform business models. I’ve given you my take on this in three articles: How to Think About Web 3.0 Business Models (1 of 3) (Asia Tech Strategy – Daily Article) Platform-Protocol […]
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 […]
Coinbase and How Web3 Is Different (Tech Strategy – Podcast 117)
In this podcast, Jeffrey Towson discusses how web 3.0 companies like Coinbase are different from traditional web 2.0 companies. He argues that most successful web 3.0 companies are platform-protocol hybrids. Towson also discusses the future of web 3.0 and how it will impact the global economy.
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 […]