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Joshua Scigala is one of the originals who was into Bitcoin back in 2010. He co-founded one of the first Bitcoin exchanges. He is the protocol lead and founder of The Standard and co-founder of Vaultoro. He first received the idea to start a precious metals-backed exchange that includes Bitcoin and other cryptocurrencies while on a trip to speak at a conference.
TheStandard.io provides users with over-collateralized stablecoins without trusting a third party. These stablecoins are backed by tokenized gold, Bitcoin, Ethereum, and more. Just like The Gold Standard of days gone past, this backing guarantees the currency's value while enabling the individuals minting the stablecoins to use fiat inflation in their favor. The protocol is driven by TST (The Standard Token) holders, who get rewarded for the protocol's success.
Without further ado, let's get into it!
Check out The Standard website here: https://www.thestandard.io/
Full Show Notes at: https://newtocrypto.io/podcast/josh-scigala-the-standard/
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