Episode 184: Adapting And Evolving While Building Community With Mandala Exchange

In this episode, Blockchain Wayne interviews Joseph Reiben, CEO of Mandala Exchange. Joseph shares his background in crypto and how he took over Mandala Exchange. They discuss the challenges of navigating the regulatory landscape and the importance of centralized exchanges. They also highlight the usability of centralized exchanges and the need for user-friendly platforms. Joseph provides an overview of the new features and benefits of the Mandala Exchange platform, including earning rewards and futures trading. They emphasize the importance of community engagement and governance in shaping the exchange's features. Joseph concludes by inviting listeners to check out Mandala Exchange and participate in the referral program.

Learn more about Mandala: https://trade.mandala.exchange/ 

Learn more about FIO and get your Handle today: https://fio.net/ 

Takeaways

Joseph Reiben has a diverse background in crypto, starting as a trader and later becoming a lawyer specializing in crypto projects.

Mandala Exchange was on the verge of going under when Joseph and his team decided to take over and rebuild the platform.

Navigating the regulatory landscape is challenging, and Mandala Exchange has prioritized compliance to ensure a secure and compliant trading environment.

Centralized exchanges are still necessary for many traders due to their user-friendly interfaces and the ability to recover funds in case of user error.

The new Mandala Exchange platform offers a range of features, including earning rewards, futures trading, and an OTC desk.

Community engagement and feedback are crucial for the success of an exchange, and Mandala Exchange values the input of its users.

Development in the crypto industry is complex and requires flexibility, which is why Mandala Exchange has chosen to release features without strict timelines.

Listeners can find more information about Mandala Exchange on their website and join their Discord and Telegram groups for community engagement.

Mandala Exchange offers a referral program where users can earn a percentage of trading fees for bringing in new users.

Chapters

00:00 Introduction and Background

00:28 Joseph's Background in Crypto

01:22 Taking Over Mandala Exchange

06:15 The Importance of Centralized Exchanges

09:07 The Usability of Centralized Exchanges

11:07 Launch of the New Mandala Exchange Platform

15:12 Community Engagement and Governance

21:48 The Challenges of Development and Roadmaps

23:39 Continued Development and Future Features

26:08 Where to Find More Information

29:00 Final Thoughts and Referral Program