Revolutionizing Web3 Trading: Insights from Balal Khan, CMO of ZKEX.com

Colors of Web3 & Entrepreneurship

In this illuminating 14th episode of Colors of Web3 & Entrepreneurship, we dive into the dynamic world of Web3 and crypto exchanges with Balal Khan, who is the CMO of ZKEX.com, an omni-chain decentralized exchange secured by zero-knowledge proofs. Balal, a seasoned entrepreneur, shares insights from ZKEX's journey, discussing the challenges, breakthroughs, and the future of Web3 adoption. The episode covers pivotal topics like the evolution of crypto exchanges, challenges in mass adoption, and the pragmatic mindset required for success in the crypto space.

*Disclaimer*

The content presented in this video is primarily for educational and entertainment purposes and should not be considered as financial advice. Cryptocurrency inherently involves risks. It is crucial to conduct your own research and seek guidance from a qualified financial advisor before making any investment decisions. The creators and participants of this podcast are not financial professionals, and their insights are based on personal experiences and opinions. Always exercise due diligence and caution when navigating the dynamic landscape of cryptocurrencies.

⌛ Timestamps

00:00:00 Episode trailer

00:00:15 Podcast introduction and guest introduction

00:00:36 Balal's brief self-introduction and introduction of ZKEX.com

00:03:03 Balal's upbringing, professional background, and why he got into entrepreneurship

00:05:04 The lessons he learned from his first entrepreneurship 00:12:59 Balal moved to China for a new job to learn and to expand his network

00:16:45 How he met his co-founders of ZKEX

00:21:26 How his personality got shaped by his family and upbringing

00:23:52 Balal's hobbies outside of work

00:29:04 Why failures are important for personal growth

00:30:35 Deep dive into ZKEX

00:39:28 Explanation about the various technical crypto-trading terms: DEX, CEX, omni-chain, CLOB, AMM, zero-knowledge proof

00:54:15 Why decentralized trading is broken at every level 00:56:25 The different types of traders in crypto

00:58:35 Comparison between DEX and CEX

01:04:35 The market for DEX and where crypto trading is heading

01:08:31 The unique selling proposition of ZKEX

01:25:01 Where liquidity of ZKEX comes from

01:30:26 How new tokens can get listed on ZKEX

01:32:11 How ZKEX prevents trade manipulation and other risks on their platform

01:39:26 The team composition of ZKEX

01:42:21 Traction of ZKEX as of Dec 2023

01:47:58 Challenges facing ZKEX

01:50:05 How his team stays motivated

01:52:27 His company fundraising plan

01:55:40 My disclaimer regarding crypto and investing

01:56:07 Tokenomics of ZKEX

02:01:26 Where Balal thinks DEX and CEX is heading in the future 02:08:32 Balal's take on what it takes to bring 1 billion people into Web3

02:14:00 Problems that Web3 industry still faces

02:18:22 Balal's advice for people who want to build a Web3 startup

02:26:15 "Be in the middle of where the money is" mindset for entrepreneurship

02:28:00 Where people can follow Balal and his company

02:29:25 Balal's kinds words about me

02:30:09 Episode outro

#web3 #entrepreneurship #trading

Follow Balal and his company:

Balal's LinkedIn: https://www.linkedin.com/in/balalkhan/

Balal's Twitter/X: https://twitter.com/iambillsta

Balal's company website: https://zkex.com/

ZKEX Discord channel: https://discord.com/invite/ctDAYrrNTH ZKEX Twitter/X: https://twitter.com/ZKEX_Official

My social media if you guys want to follow me:

Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠

LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠

Website: ⁠https://lamtrinh.xyz⁠

If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!

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