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CoinGecko Founders Reflect on 10 Years in the Crypto Industry

2024-04-07 11:03:37

CoinGecko, the largest altcoin listing and comparison site, turned 10 this year. On this occasion, the founders shared the path they have traveled so far.

A message from the founders of 10-year-old CoinGecko

“CoinGecko is 10 years old! Wow, what a surreal thing, but here we are. Ten years ago when we launched CoinGecko, the crypto industry was still in its infancy. DeFi, NFT, DAO and Ethereum haven’t meant anything yet; their concepts were only described in white papers. The crypto industry has evolved significantly since then, and what a leap forward the growth has been!”

Way in the crypto world

CoinGecko is one as a website launched, which provides a 360-degree overview of cryptocurrencies. Allowing users to see data beyond prices, trading volume and market capitalization for an altcoin. It was launched on April 8, 2014 with a simple announcement on Bitcointalk:

Looking back over the last 10 years, CoinGecko has weathered and thrived through two Bitcoin halving events, the Bitcoin block size war, the Ethereum DAO hack, the boom and bust of ICOs, the rise of DeFi, NFTs and Solana memecoins, and the 2022 crashes (Terra/Luna). , 3AC, FTX).

When they started the site, the total crypto market capitalization was only $7 billion. This now stands at $2.8 trillion by the end of the first quarter of 2024.

CoinGecko started with only 20 cryptocurrencies; and now we can track over 13,000 coins across 1,000+ exchanges. GeckoTerminal has 2.4 million tokens available across more than 1,000 DEXs and 140 blockchain networks. The crypto market has grown a lot and is now expected to grow even stronger in the coming years as blockchain technology becomes part of our daily lives.

The team

As CoinGecko grew, so did the team. In the beginning, maintaining the site was a part-time love project, a few part-time freelancers only worked here. And now 70 colleagues are working full-time on the project in Malaysia, Singapore and the Philippines.

New verticals in the cryptocurrency sector have allowed new features and offerings to be introduced to meet the needs. Thus, over the years, the Enterprise API, GeckoTerminal, NFT Floor Price Tracker, Exchange Trust Score, and a series of various “How To” crypto books have been released. Not all features have been successful or stood the test of time, but they have continued to learn and improve their offerings to help users keep up with all aspects of the industry.

Although our growth is a blessing, it also comes with a heavy responsibility. CoinGecko is responsible for continuing to deliver accurate data and information to the crypto market. [Emlékeztetőül: amikor a CoinMarketCap oldalt felvásárolta a Binance, mindenhol megszűnt a függetlenség és a kriptotőzsde került az első helyre – ahol most is van továbbra is az oldalon. Ezért valóban igen nagy a CoinGecko csapat felelőssége.]

The future

As we move forward in time, CoinGecko will remain fully focused on strengthening the decentralized future for the next decade.

We continue to serve as a leader and ally to all users navigating the industry.

In closing, we would like to thank our family, friends, current and former colleagues, projects, exchanges, partners, customers, and most of all, our users, who have been part of our journey over the past 10 years. Thank you all for continuing to use our platform and provide valuable feedback to help us continue to grow. So far so good, and as our industry continues to grow and innovate, we mightn’t be more excited for what’s to come.

TM and Bobby

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