All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- Bobby Ong co-founded CoinGecko to democratize crypto data, providing real-time information and unbiased insights.
- Overcoming early challenges, CoinGecko now serves millions with comprehensive crypto data and educational resources.
1989-born Bobby Ong started his schooling at Anderson Junior College before being awarded the esteemed Sime Darby Foundation Scholarship to study Economics at University College London. He became even more interested in the business sector after the 2013 financial crisis in Cyprus.
Bobby came to see the need of a financial system that could protect personal wealth from such interference after witnessing the government’s harsh actions, which included taking assets from protected accounts.
Discovering Bitcoin
Bobby came into conversations about the ground-breaking digital currency Bitcoin on websites like Hacker News when he was in London. Bobby became fascinated by this new kind of money, which his university professors had never addressed, and he dug deeply into the realm of cryptocurrency.
He considered Bitcoin to be a safety net against the uncontrollably high inflation and financial instability that beset nations like Argentina and Zimbabwe. This recently discovered interest has paved the way for a crucial period to enter his life.
The CoinGecko Story
Co-founding CoinGecko in 2014 with TM Lee was Bobby Ong. Their own demand for extensive cryptocurrency data that was not available anywhere else gave rise to the site.
Operating first out of their beds, their goal was to provide real-time price, volume, market capitalization, and other cryptocurrency data, thereby democratizing access to it. The crypto world gradually came to support this grassroots endeavor.
It was not an easy trip. The 2015 and 2016 bear markets put their fortitude to the test. Uncertainly, the small crew even thought about selling CoinGecko.
Bobby and TM Lee chose to stick with it nonetheless, as they had no serious purchasers and a strong belief in the future of cryptocurrency. They discovered how to wisely allocate their resources and get ready for the inevitably cyclical market.
2018 saw CoinGecko start to grow as the cryptocurrency sector took off. After making their initial hire, they kept expanding and by 2020 had 16 workers. The success of the platform can be attributed to its dedication to offering correct and impartial data.
The cryptocurrency community appreciated that CoinGecko stayed independent, unlike its rivals, particularly when CoinMarketCap was bought by Binance.
CoinGecko’s Impact and Expansion
With so many services, CoinGecko is today a top cryptocurrency data aggregator. Together with teaching materials on decentralized finance (DeFi), it offers a public API, a daily email, and quarterly reports in several languages. The site strengthened its standing in the cryptocurrency ecosystem by also starting to monitor NFT values.
The path of CoinGecko has been made possible in large part by Bobby Ong’s leadership and observations. He underlines the need of correct data and openness in the cryptocurrency industry to guarantee that users may obtain trustworthy information. By this dedication, CoinGecko has established itself as a reliable brand in the sector.
A monument to tenacity and creativity is Bobby’s story. Together with TM Lee, he began with little resources and created a platform that now has millions of users globally. Their experience emphasizes the need to meet market demands and maintain resilience over market cycles.
Looking to the Future
In the future, Bobby Ong sees blockchain technology and cryptocurrency being a part of daily life. Anything that can be tokenized, he thinks, will be, and CoinGecko will be essential in gathering and supplying data for this tokenized world. His vision is a reflection of his great knowledge of the cryptocurrency business and his dedication to its expansion.
The success of other figures in the cryptocurrency industry enhances Bobby Ong’s narrative. With smart contracts, for example, co-founder of Ethereum Vitalik Buterin transformed the blockchain industry and made decentralized apps possible.
In a similar vein, Binance founder Changpeng Zhao established one of the biggest cryptocurrency exchanges globally, which accelerated the acceptance of virtual currencies.
