It’s time for Brian Armstrong to make his transfer. Whereas different billionaire CEOs attempt to purchase bankrupt crypto corporations on a budget, the Coinbase chief is focusing his sights on exhausting science. To announce his new endeavors Brian Armstrong visited Tim Ferriss’ podcast. In that interview, he expanded on the deep subjects that the businesses he’ll fund take care of. Make no mistake, although. The true announcement was that Brian Armstrong is promoting Coinbase inventory.
I’m sharing this as I need you to listen to it from me first.
— Brian Armstrong (@brian_armstrong) October 15, 2022
In a latest Twitter thread, the Coinbase CEO wrote, “I’m enthusiastic about accelerating science and tech to assist remedy among the largest challenges on the planet. To additional this, I’m planning to promote about 2% of my Coinbase holdings over the following yr to fund scientific analysis and firms like NewLimit + ResearchHub.” What are these corporations and what do they do? Hold studying to seek out out.
Contemplating the alarming quantity of crypto CEOs leaving their positions, it’s necessary that Brian Armstrong cleared this up. “For the avoidance of doubt, I intend to be CEO of Coinbase for a really very long time and I stay tremendous bullish on crypto and Coinbase. I’m totally devoted to rising our enterprise and advancing our mission, however I’m additionally excited to contribute otherwise,” he tweeted.
What are the concepts that excite Brian Armstrong this a lot? Let’s discover out.
Brian Armstrong ’s ResearchHub And NewLimit
So, Brian Armstrong will “fund scientific analysis and firms like NewLimit + ResearchHub.” What do these corporations stand for, although? Properly, ResearchHub is “a instrument for the open publication and dialogue of scientific analysis. Researchhub’s customers are rewarded with ResearchCoin (RSC) for publishing, reviewing, criticizing, and collaborating within the open.” Attention-grabbing, an open suppose tank with a cryptocurrency part.
For its half, ResearchCoin is each a utility token and a governance token. “RSC offers customers the power to create bounties, tip different customers, and acquire voting rights inside neighborhood resolution making.” That is their Twitter account.
However, NewLimit is “treating age-related illness to increase human healthspan” and “growing epigenetic reprogramming medicines to deal with ailments with giant unmet wants.” That is their Twitter account. This one is within the life extension enterprise, however the specifics are more durable to know. Fortunately, NewLimit presents a blog post authored by Brian Armstrong himself by which he goes deep into the subject at hand:
“NewLimit will begin by deeply interrogating epigenetic drivers of growing old and growing merchandise that may regenerate tissues to deal with particular affected person populations. We’ll begin by utilizing major human cells and reference species to develop machine studying fashions on what chromatin options change with age, which of those adjustments could also be causal to the growing old course of, and eventually develop therapies that might gradual, halt, or reverse this course of.”
In that very same weblog publish, we be taught that the corporate was “co-founded by Brian Armstrong and Blake Byers with the mission of extending human healthspan.” And thus, we determine that Coinbase CEO is the cash behind each corporations.
The connection between COIN and USDT on Bittrex | Supply: COIN/USDT on TradingView.com
The Tim Ferriss Interview
To launch his new endeavors in the fitting manner, Brian Armstrong went to the popular Tim Ferriss podcast. In it, he offered the reasoning behind his investments. “I feel we’re form of on this golden age of software program the place fortunes are being made. However a few of that wealth, even in crypto, is now being directed into exhausting science, exhausting science issues, atoms, not bits,” he mentioned.
As to what the corporate truly does, Armstrong defined that they’re attempting to “construct a platform that checks quite a lot of totally different transcription components with totally different cell varieties and makes use of machine studying to do this in a virtuous cycle.” He additionally defined the entrepreneurial spirit behind the entire ordeal.
“We’re attempting to assist people dwell for much longer, not just a bit bit longer. However I feel in any good moonshot firm, you wish to have intermediate milestones alongside the way in which. And so the intermediate milestones are extra like, might we get a particular sort of cell to be rejuvenated and be youthful?”
Because of @tferris who I lately spoke with about these pursuits: https://t.co/0EUdzICfVV
— Brian Armstrong (@brian_armstrong) October 15, 2022
About ResearchHub, the Coinbase CEO confirmed that it’s “one other firm that I funded and tried to assist get off the bottom.” What does this one do?
“We’re attempting to make it straightforward for individuals to type by means of all the tens of millions of papers which might be revealed yearly to what are probably the most impactful. We’re attempting to assist get issues like peer evaluate, Q&A, feedback, suggestions round analysis to be extra collaborative with individuals.”
And people are the concepts that Brian Armstrong will dedicate the following a part of his life to. Whereas on the identical time serving as Coinbase’s CEO, after all.
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