The blockchain went through several ups and downs, from its highest rise in 2017, to the lowest crash in 2018, and then to the steadiness in 2019.
In this quick-changing environment, we have seen some people get success overnight and a lot of others fail. The opportunistic speculators to technology developers, and evangelists came one after another and started to compete against each other.
Now, when the market came down, everyone has finally began to slow down and are thinking the true essence and underlying value of blockchain and crypto.
Binance is one of the largest crypto exchanges in the world with continuous updates and features. It aims to provide the user with a better experience.
In this article, we will explain what moved Crypto.com Co-Founder Bobby Bao to come forward and help thousands of children’s lives to improve after an in-flight movie and listening to the speech of CZ.
Bobby Bao is the Co-Founder and Head of Corporate Development of Crypto.com.
Bobby, who has a lot of experience in the investment banking industry. Noticed the whole history of the ups and downs of the crypto industry. When blockchain reached its peak, Bobby reflected on its heyday.
During a flight from Hong Kong to Seoul, Bobby watched the movie “Million Dollar Man.” and He asked himself, “Where does wealth come from? Where will it go? At the end of the day, what else is left aside from figures on a bank account? A hundred years later, what difference could we make for society?”
Later, Bobby attended a blockchain event in Seoul, where he listened to the speech of Binance CEO Changpeng Zhao themed “Centralization and Decentralization”. At the end of the speech, CZ made an impact on the Crypto.com executive.
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By this time , Bobby started to think that Binance Coin (BNB) is more than a cryptocurrency. The value of 1 BNB is just beyond the ups and downs on a chart. A single BNB will change a child’s life for better and can bring hope to the poor across the globe. After all, blockchain and cryptocurrencies were invented to make the world a better place.
With all these ideas, Bobby immediately contacted Helen Hai, the head of Binance Charity, and to said he wants to donate around $500,000 worth of BNB (around 28,888 BNB at that time) to the Binance Lunch for Children program on behalf of Crypto.com.
The amount was immediately transferred to the wallet for Binance Lunch for Children, has the ability to cover almost eight years’ worth of lunch for 1,000 children to Uganda.
Bobby speaking about his donations said “History will remember the value we created.”
As Progress will occur when courageous and skillful leaders grab the opportunity to change things for the better. However, These leaders have the power to change lives, create value, and change history with just one step. We are grateful for leaders like Bobby, who have came forward to provide a bigger purpose for the blockchain revolution.
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