Lesson 3

Cryptocurrencies

Lecturer
Max Krupyshev

Max is the CEO of CoinsPaid. His journey in crypto began in 2013 when he co-founded the Bitcoin Foundation in Ukraine, pioneering efforts to promote cryptocurrency adoption in the country. Max has experience in various blockchain projects, including mining, payment processing, and wallet development. He served as the Product Owner at CEX.IO, a global cryptocurrency ecosystem, before becoming the CEO of CoinsPaid in 2019. Max has won several recent industry awards, including ā€œPayTech Leadership – Founderā€ at the PayTech Awards and ā€œBest Visionary CEO in Crypto Paymentsā€ by Global Brands Magazine.

Duration
7 min 42 sec

This lesson dives into the world of cryptocurrencies – what they are, how they work, and how they differ from traditional money. Learn the difference between coins and tokens and understand key concepts like capped versus uncapped supply, mining, and pre-mining.

We’ll also cover the four main types of tokens – utility, asset-backed, NFTs, and security tokens – along with examples of popular cryptocurrencies and their business potential.