Jul 16, 2021
Rally CEO explains why he wants millions of people to have their own 'creator coins'
Imagine a world with not just a few thousand cryptocurrencies, but billions of them.
That's Rally CEO Kevin Chou’s vision. The founder of mobile gaming heavyweight Kabam joined The Scoop's Frank Chaparro to talk about the development of creator coins, which are blockchain-based tokens that are tied to the social capital of a person.
“We thought about… if you have instead of just thousands of tokens in the world, but you have millions of tokens, tens of millions of tokens, a billion tokens at some future point in time, how do you create a world where people can easily exchange that value?”
To be sure, it’s early days for Rally. The firm has onboarded approximately 160 creators, and that number is growing, with a community that spans athletics, art, and music.
Rally is currently working with musicians like Portugal. The Man, as well as streamers, gamers, celebrities, athletes, and others to create their own fungible tokens via their network.
According to Rally, the decentralize…