Coinbase's Shirzad on Criteria for Memecoins

Coinbase's Shirzad on Criteria for Memecoins

Assessment

Interactive Video

Business

University

Hard

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The video discusses the launch of the Trump meme coin and its potential listing on Coinbase. It explains Coinbase's rigorous process for evaluating tokens, ensuring they are not securities, are cyber secure, and free from scams. The decision to list a token reflects market demand and adherence to standards. Concerns in the crypto industry about the Trump coin's impact on legitimacy are noted. Coinbase remains asset agnostic, focusing on demand and standards rather than individual token stories.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of Coinbase's token evaluation process?

To ensure tokens are popular

To maintain the integrity of the process

To promote specific tokens

To list as many tokens as possible

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a criterion used by Coinbase to evaluate tokens?

Absence of scams

Cybersecurity

Market demand

Popularity on social media

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many tokens does Coinbase list on its US platform?

Over 1000

Exactly 500

About 240

Less than 100

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern did some in the crypto industry have about the Trump coin?

It would be too popular

It would increase the coin's value

It might distract from important issues

It would be too secure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Coinbase's view on the demand for the Trump token?

It should be delisted

It is too controversial

It meets their listing standards

There is no demand