🧘‍♂️Crypto, Gaming and $100m FTX Partnerships with Burg

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🤝 Crypto, Gaming and $100m FTX Partnerships with Burg

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Burg is head of partnerships at FTX. FTX is one of the world’s leading cryptocurrency exchanges, recently completing a series B fundraising round of $900 million, that values the company at $18 billion! Their partnerships consistently make breaking and international headlines, such as: 

• Teaming up with Dolphin Entertainment to create an NFT marketplace that will target brands within sectors such as sports, entertainment, gaming, esports and charity.

• A deal with Major League Baseball (MLB) that involves FTX branding appearing on all umpire uniforms starting at the All-Star Game in Denver.

• Buying the naming rights to the Miami Heat’s basketball arena!

🎧 Key Takeaways for the podcast: 

1. Passion as a tool.
   A lot of the FTX team love to play League of Legends, naturally this makes a partnership with LCS and TSM exciting. Great things are accomplished through discipline and consistency; not directly from passion. However passion gives us an edge, it makes discipline and consistency far easier.

2. Give value to the community.
   So many of our guests have found opportunities in crypto by providing value at the right time and place. For Burg, it was answering questions in the chats for the FTX community that led to his current role.

3. Think bigger.
   Burg mentioned the one thing all FTX’s partnerships had in common was size. Sam consistently pushes the team to “think bigger” which took them from potentially sponsoring a tournament to buying the Miami heat stadium.

4. Growing the pie.
   The crypto community is still relatively small and this leads to a lot of people fighting over the same pie/market share. FTX strives to grow the pie by tapping into new markets and bringing in new participants.

5. Analyzing market sentiment.
   Burg primarily uses Twitter and trading chats to check general market sentiment. He thinks it’s extremely important to at all times keep a close eye on the market.

6. Taking breaks.
   Burg stresses the importance of taking breaks from work when focus fades. Rather than make poor decisions and perform sub optimally Burg will recharge with a walk or workout.

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