Ron BernsteinGeneral Manager at Coinbase, Paradex.
Description
Ron's traded options on commodity futures in more than 20 markets for over 25 years on the old-school trading floors in New York and London. Fascinated with the convergence of the internet, peer-to-peer trading, sports betting and prediction markets, he founded Intrade in 2000, and Tradesports in 2003. Intrade went on become the world’s leading prediction marketplace until the platform's closure in 2015.
Ron became fascinated by "Blockchain" in 2014 and became an advisor to Augur.net in 2015 (a prediction market protocol built on top of the Ethereum blockchain).
Next steps were forming Augment Partners, a technology company working to build sound financial business models in the growing world of decentralized trading. The development of digital currencies, more blockchains and decentralized software systems continues to fuel his interest in trading, prediction markets, and token economies, and how they may be applied in the real world to benefit everyday life.
AugmentPartners' first commercial product release was a peer to peer, non-custodial erc20 (ethereum blockchain) token exchange called Paradex (now live at paradex.io).
In May 2018, Paradex was acquired by Coinbase, and Ron is now the General Manager of "Relay" at Coinbase.