BASE.INFO team has interviewed Alessandro Pecorelli the CEO of Vertex Market project. We have asked the most topical questions to get acquainted with the project and to learn the future plans of the Vertex Market team.
Please welcome, Alessandro Pecorelli.
Do you remember the day, when you and your team decided to launch this project? Can you tell us about it?
It was in a black GMC Yukon driving through Riyadh (Saudi Araia) around 1AM. thats when we said, let's do it!
Could you briefly describe your project?
We are the Amazon for Digital Assets. We allow token holders to sell any sort of digital asset to the worldwide community. If you want to buy or sell, vertex is the place to do so. OTC and mostly peer to peer. This brings liquidity to all those tokens and for some, even utility.
Why it differs among the other cryptocurrency ideas? What main feature can be the significant one?
That we are a secondary market that is not an exchange. many tokens do not go on an exchange and therefore are not liquid but still need a secondary market. Vertex provides that market.
What are 3 main difficulties in running the cryptocurrency project?
2. The amount of reachouts we get of people selling us things. almost impossible to handle anymore;
3. Bear market;
What about the legal restrictions? What are your thoughts on the subject?
I think its a way overestimated topic that people just thourgh around because they don't know what to talk else about. Regulation won't stop scams. I think we seen this with the chinese reverse merger scams (NYSE). It needs some regulation and adjustements in most jurisdictions but that's about it.
Describe your team in a few sentences? What do you value in your colleagues?
Hard working, experianced, dedicated and mostly, believing in what they do!
Could you tell us about one error in project’s development that provided a great lesson to your team?
We had 1 freelancer consultant doing some work. Does not work. Caused a lot of delays and headaches. all our people are now hired and fully paid.
What are your thoughts about the future of the blockchain in the world? What industries will be influenced most of all?
Surely FInance such as Derivatives and private equity but also supply chain management and healthcare. Blockchain can help everywhere we need trust/consensus.
Can you give a piece of advice to our readers?
Work hard, focus and believe in yourself and your ideas.