Open Source and Progressive Decentralization Done Right with Michael Feng (Hummingbot)

from WAGMI Ventures Podcast · host WAGMI Ventures

Michael Feng is the Co-Founder @ Hummingbot (https://hummingbot.org/). Backed by Initialized Capital, Slow Ventures, & more, Hummingbot is open source software that helps you build high-frequency crypto trading bots that specialize in market making and arbitrage strategies. They average $100M+ 24H volume, have 1M+ all-time downloads, and support 13+ HFT strategies. In this episode we dive deep on recently decentralizing their operations to HBOT token holders, why they restructured as a not-for-profit organization, the key differences between TradFi and crypto markets for traders, & much more.Recorded Tuesday May 30th, 2023.

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This episode is 22 minutes long.

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This episode was published on June 2, 2023.

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