PayPal Bids $500M to Acquire Crypto Startup Curv

Post by jeanniesarah » Wed, Mar 03, 2021, 3:10 PM UTC

Post by hahla » Wed, Mar 03, 2021, 4:10 PM UTC

Post by wslh » Wed, Mar 03, 2021, 4:11 PM UTC

staticelf wrote: post #2

Cool, never heard of it and visiting their website it is not exactly clear to me what their product is. I have never quite understood how companies just have a single landing page with no publically available product or service (as it seems) and still get bought for several hundred millions.

Post by dazc » Wed, Mar 03, 2021, 4:13 PM UTC

monkeydust wrote: post #4

staticelf wrote: post #2

Cool, never heard of it and visiting their website it is not exactly clear to me what their product is. I have never quite understood how companies just have a single landing page with no publically available product or service (as it seems) and still get bought for several hundred millions.

It is odd but then I remember many years back working for a fintech, the founder was against putting up any proper marketing materials online, we had a crappy website. Its now a multi $BN company. The website is a 'bit less' crappy.

Post by rawtxapp » Wed, Mar 03, 2021, 4:13 PM UTC

wslh wrote: post #5

staticelf wrote: post #2

Cool, never heard of it and visiting their website it is not exactly clear to me what their product is. I have never quite understood how companies just have a single landing page with no publically available product or service (as it seems) and still get bought for several hundred millions.

It is an decentralized exchange / automated market maker. A comparison with Uniswap and Balancer here: https://blog.coinfabrik.com/automated-market-making-mechanis...