With each passing day, Blockchain technology generates new jobs around the world, thanks to the growth in the number of companies, organizations and governments that make use of blockchains for their purposes. And among these success stories, one of the most important is that of Binance. Since, since 2017, the number of Binance employees has increased by 2,000%.
The birth of a giant
Few are the elements of the crypto world that have greater importance than exchanges. Well, cryptocurrency exchange platforms are the connection centers between the different Blockchains.
This allows users to acquire the crypto assets they need or want to have, at any time. Defining its value based on supply and demand.
However, although the value of the exchanges is known to all, few could have predicted in July 2017 the weight that Binance would have in the crypto world. Well, when the company founded by Changpeng Zhao launched its Initial Coin Offering in 2017, it was but one of the hundreds of Blockchain companies that were born under the protection of the great bullish Bitcoin rally.
But with the passage of time, Binance has managed to build in record time one of the most representative companies in the crypto world. Aiming to earn $ 1 billion in revenue by 2020. And with the world’s most innovative cryptocurrency products.
Growing number of Binance employees
This has enabled Binance to become one of the largest employers in the entire crypto world. Following a decentralized work model, without the use of physical offices.
This has not only saved a lot of operating costs for the exchange, but has also given it greater flexibility to continue working normally in the midst of the Coronavirus crisis.
As a result, the number of Binance employees has continued to increase in recent months. As the exchange announces new projects almost daily, ranging from its own Visa-backed credit card, to Bundle, a payment application dedicated to the African market, which requires more and more employees to maintain and upgrade.
Thus, since its birth in 2017, with only 15 million dollars. Binance’s workforce has increased by 2,000%, following a trend that does not appear to be slowing down anytime soon.
Furthermore, it is being backed by the enormous success of the vast majority of products bearing the Binance name. What makes this increase in the number of employees of the exchange, our Today’s Data here in CryptoTrend.