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Entrepreneurs Grind

Rennia Davis Plans To Comeback Better Than Ever

Rennia Davis has a bright future ahead of her.

Coming off an incredibly successful collegiate career at the University of Tennessee where she averaged 15.4 points and eight rebounds over the course of her four years with the team, Davis finished top 10 in just about every statistical category imaginable in Tennessee history including scoring, rebounds, and double-doubles. Her performance during the 2020-2021 campaign earned her the Tennessee Sports Writers Association Women’s College Basketball Player of the Year, and she was subsequently drafted 9th by the Minnesota Lynx in this year’s draft.

Unfortunately, Davis suffered a stress fracture in her foot early in the season, putting her out indefinitely. Still, as we all know, setbacks are setups for comebacks, and Davis is working hard to come back better than ever. We caught up with one of Tennessee’s all-time greats to talk about her college career, what it was like to experience the moment of being drafted, and what we can expect from her in the coming months.

ONE37pm: Okay let’s start by taking it back to the University of Tennessee where you established yourself as one of the best women’s college basketball players in the country. What was that like for you?

Davis: Honestly, my time at Tennessee was not how I was expecting it to go. It was definitely a grind! It feels good now looking back, but it wasn’t easy. Teams played us harder because we were “Tennessee.” We’ve won eight national championships, and our name holds a lot of weight. I remember we played Kentucky my sophomore year, and they beat us. They were sort of rubbing in our faces like “yeah we beat Tennessee.” We were getting the best of teams every night, so it does feel good now.

ONE37pm: Draft Night is a defining moment for every athlete. Unfortunately, it was virtual like last year, but what was it like to hear your name called?

Davis: It wasn’t unfortunate for me at all! I got to be around my family and it was more of an intimate setting. It still would have been a special moment if I had been there, but to have all the people that love and care about me was great. You know this was my dream, and it was a really good feeling. A different energy for sure!

ONE37pm: You suffered a stress fracture in your foot just a few days after training camp, but we all know you are very resilient. How has the rehab process been going?

Davis: It’s been very tough, but as you said, I’m a very tough individual. I’ve actually had this stress fracture since March, so I went through finishing the season, pre-season, and that little bit of training camp with it. It’s a different approach to each day, but whenever I face challenges, I take a deep breath because I know there is a blessing waiting on the other side. It’s a balance of being positive and realistic. Sometimes it gets complicated because I’ll be trying to do core work, but then I have to worry about my leg. I’m working through it.

ONE37pm: Where would you say you are right now in terms of recovery on a scale of 1-10?

Davis: I’m not gonna lie—I’m very close to a 1, but it’s my doctor’s orders. I can’t rush this process at all.

ONE37pm: Absolutely! Don’t rush it at all because you’ve got plenty of time. On another note, what have you been doing to make the most of your time off?

Davis: I’ve been doing a lot of big things! I’m trying to stay involved in the game without necessarily having a basketball in my hands. I’ve been interacting with my supporters in different ways, and I’ve been focused on trying to build my actual brand with Distinction, my marketing agency. I’m working on my logo, and I am going to have t-shirts dropping soon. I also plan on starting a weekly live session, and obviously starting off it will be with people that I know in the league. I’m still very much involved with my teammates and the league, and I’m also starting a five meal in five days program. The first meal actually came out this week! I eventually would like to own a restaurant because I have other passions and dreams too.

ONE37pm: What can we expect from you in the future, and is there anything else you would like to mention?

Davis: I’ve got my t-shirts coming really soon! I want to have them released before the end of the season. Also, go Lynx! Keep supporting us!

You can keep up with Rennia on Instagram and Twitter for all of her latest updates.

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Entrepreneurs Grind

A New Era of ‘Dr. Seuss’: Meet the Rimes Family

Bedtime stories are meant to be simplistic, visually appealing, and playful. They are considered a universal pastime, one that’s been passed down from house to house, family to family, and bedtime to bedtime over the span of countless years. 

The brand new book series called “The Bedtime Chronicles” might represent the latest and greatest edition of nursery rhymes and storytelling for slumber time.

The soon-to-be collection of tales revolves around a bi-racial family of five—Benny, Mary Lou, Pam, Stan, and Hip-Hop. In each book, a different family member takes their turn telling Benny a bedtime story. Stan, the father, does so in the only book of the series to be released so far called, Legend of the Dadman.

Author of the series Derek Siskin and his business partner Ryan Alovis are spearheading the evolution of this up-and-coming series. Luckily, I got to chop it up with both of them—thus discovering the why behind their work.

The Bedtime Chronicles
Excerpt from “The Legend of the Dadman”

“We just wanted to put something out there that’s uplifting, that can make people happy and bring joy to families, Derek says. I think Legend of the Dadman is a great representation of that – you think he’s this superhero, but he’s really just a regular dad trying to be there for his family, eat their cupcakes, have all the trials, and tribulations that a dad has. We’re just trying to do something special and unique for people out there.”

Derek is more than just the driving force behind the writing, he is the lyrical wordsmith, the MC if you will, moving the audience with his rhymes and passion for a specific genre of music.

“The truth is, I’m a hip hop aficionado—I’m obsessed with hip-hop music. I wanted to try and find as many clever ways to incorporate that into this book series. With this, I have the ability to pay homage to the great rappers from my childhood and the ones I listen to now. I think it is (Hip-Hop) such an overlooked art form when it relates to creativity and storytelling. Once you’re able to bring your passion into something, it makes it fun. “

Along with the rhymes and natural play on words from the first book, you’ll find references to songs from old-school hip-hop as well, Derek’s preferred taste. Bars from Biggie Smalls, Def Jam, Q-Tip, and Dr. Dre are all hidden within the book’s scenes, giving those who are familiar with the lingo, myself included, some good old-fashioned goosebumps.

Ryan, the person who plays the critical role in the business promotion and overall vision of the series, is bringing to life the possibility of venturing beyond just books.

“We’re not just doing books. We’re creating a whole universe. Hip-Hop, our bunny character, has recently been made into a stuffed animal. We must’ve gone through 20 factories to make him look exactly the way he looks in the books. We want to do other items that complement the brand like pajamas, night lights, and sticker sheets too” Ryan elaborated.

Speaking of Hip-Hop, Derek had a heart-warming confession to make in regards to how a particular character from the book was inspired.

The Bedtime Chronicles
(Left) Benny, Pam, Hip-Hop, Stan, Mary Lou (Right)

“’Hip-Hop the bunny’ is inspired by my kids’ stuffed animal bunny.”

It turns out that Derek had more ideas for his book’s character representation – I mean he’s like a kid in a candy store at this point.

“Then I told my illustrator I want the dad to resemble Adam Sandler, I want the mom to resemble Maya Rudolph, and then Mary Lou was a combination of a couple of different people that I pulled from online. When I imagined Benny, that’s how I imagined him (bi-racial).”

Derek asserts that this is only the beginning, as he hinted at what is to come for The Bedtime Chronicles. “I cannot wait to drop the second book so people can see the full scope of what we’re doing with the universe. Each story is going to be completely different from the next. I get giddy thinking about putting this out into the world because it’s just so fulfilling to see little kids excited and happy.”

The Bedtime Chronicles
The back of “Legend of The Dadman”

Even though he has huge aspirations for the series, Ryan the visionary understands how important maintaining a solid foundation is. “We want to live on every bookshelf and inside the tv screens and drawers of every child in America. But we’re going to focus on the base, which is the books. We should stay solely focused on putting out the highest quality books and let the chips fall where they may. Let us put out the best on what we can in book form and go from there.”

Buy “Legend of the Dadman”
http://www.thebedtimechronicles.com/
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Entrepreneurs Grind

New Orleans Pelicans Star Wes Iwundu Announces Partnership With Diplomacy

New Orleans Pelicans star Wes Iwundu is teaming up with black-owned streetwear brand Diplomacy for a new capsule collection called Free The Future. A life-long lover of streetwear fashion, Iwundu and Diplomacy have collaborated to bring forth a capsule that includes high-quality statement tees, shorts, socks, and accessories all made in California. Working closely with Diplomacy founder and creative visionary Eric Archibald, the ultimate goal of this collection is to create expression through fashion, escapism, and pieces that promote mindfulness, tact, and civility, as we continue to battle a global pandemic, racial injustice, economic hardship, and political division.

Diplomacy
Wes Iwundu

Additionally, Iwundu and Diplomacy will be helping the community, as a portion of the proceeds will be donated to the Boys and Girls Club of Houston, as they will work to deliver high-quality afterschool to their community’s most at-risk youth. Ahead of the launch, ONE37pm caught up with Iwundu to discuss how this partnership came to be, and his aspirations for this capsule.

ONE37pm: First of all, congratulations on this partnership! How did this come to fruition, and how important is it for you to be teaming up with Diplomacy?

Iwundu: I’ve always wanted to be able to bring an idea to life through fashion. Partnering with Diplomacy gave me the opportunity to be in a creative mindset.  We chopped it up, they listened to my ideas, and the project evolved from there

ONE37pm: Has streetwear always been something you have loved or been passionate about?

Iwundu: Streetwear was always a passion of mine. Ever since I was a kid asking my mom to take me to the store to pick up the cool trends. Elementary school had a dress code, so I wasn’t able to show really off my drip yet, ha-ha.  But I love the socially conscious vibe that drives streetwear, and I think Diplomacy does this in really creative ways.

Diplomacy

ONE37pm: You have been working with creative director Eric Archibald on this Free The Future capsule which has hoodies, tees, accessories, etc. There is truly something in this collection for everybody. What was the design process like in terms of creating and selecting the pieces?

Iwundu: Eric has been amazing.  So inspiring to work with. Being in the same room with his imagination really gets me thinking in new directions. The process of creating and coming up with the pieces was very detailed and took time. We needed to explore what “free the future” means and how we could represent it visually in the most exciting ways. From there we looked for fabrics, and Los Angeles is a great place for that, I wanted the fabric to feel so good that when you try on the hoodie or the shorts or the tee there is an immediate reaction.  You don’t want to take it off.  Same with the fits — it had to fit like the favorite pieces in my closet.  In the end I think we came up with stuff that’s super dope.

ONE37pm:  A portion of the proceeds from the capsule will be donated to the Boys & Girls Club of Houston, your hometown, which is awesome! How much does it mean for you to continue to give back to the community?

Iwundu: I’m so excited to be teaming up with The Greater Boys & Girls Club of Houston. The name of the collab is “Free the Future”, and kids literally are the future, like Whitney says, so the partnership made a lot of sense.  It’s really gratifying to be able to give back especially to the community where I grew up. 

ONE37pm: Last but not least, what does Diplomacy represent in your eyes, and is there anything else you want people to know about this collection?

Iwundu: Diplomacy to me is about being heard.  Listening to others and having them listen to you.  The toleration and/or acceptance of opposing views.  I can make my point without making an enemy.  Even if we just agree to disagree.  That’s Diplomacy to me.

You can shop the collection here.

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The 15 Highest-Paid Athletes Right Now

The influence and impact of the professional athlete have changed over time. Some athletes reach superstar status in their sport and have recognized the influence and reach that they possess. It makes them an instant magnet for higher salaries on the court but also opens up endorsement and sponsorship opportunities. 

The highest-paid athletes come from different sports and also earn in different ways. Some athletes like tennis superstar Roger Federer primarily make their income from endorsement deals, while other athletes such as Tom Brady and Russell Westbrook take home more in salary. Here are the highest-paid athletes in the world at the moment. 

*Forbes, Spotrac, and Sports Reference were used for salary and off the field earnings information.

1. Conor McGregor, Total Earnings: $180 million

Salary/Winnings: $22 million, Endorsements: $158 million

One of the top fighters in the MMA realm, Conor McGregor did well for himself in business. He founded Irish whiskey distiller Proper No. Twelve in 2018 which he sold earlier in 2021 for $150 million. McGregor is also a major box office draw in the fighting arena. He made $22 million for fighting Dustin Poirier in January of 2021.

2. Lionel Messi, Total Earnings: $130 million

Salary/Winnings: $97 million, Endorsements: $33 million

Lionel Messi has accomplished a lot and then some in the sport of soccer. He’s won FIFA’s Player of the Year a record six times. The captain of Barcelona as well as the Argentina national team, Messi’s huge earnings mainly come from his salary. He reportedly has a contract with Barcelona that pays him $168.5 million per season. Deals with Anheuser Busch, Adidas and Gatorade also contribute to his status as a top-two earning athlete.

3. Cristiano Ronaldo, Total Earnings: $120 million

Salary/Winnings: $70 million, Endorsements: $50 million

In the middle of a four-year, $64 million contract with Juventus, Cristiano Ronaldo is an unrivaled brand name in sports. A five-time Ballon d’Or award-winner with 770 career goals, Ronaldo also has a lifetime deal with Nike and has earned over $1 billion in career earnings. The 36-year old forward has sponsorship deals off the field with Unilever, DAZN and MTG.

4. Dak Prescott, Total Earnings: $107.5 million

Salary/Winnings: $97.5 million, Endorsements: $10 million

A former fourth round pick, Dak Prescott exceeded expectations for his career, making two Pro Bowls in his five-year career. Though he’s still on the mend from a season-ending ankle injury last year, Prescott signed a four-year contract extension worth $160 million. 

Prescott has also been a major marketing tool in the NFL with endorsement deals with the likes of PepsiCo, Beats Electronics and AT&T. He also just recently agreed to terms with Jordan Brand on a contract.

5. LeBron James, Total Earnings: $96.5 million

Salary/Winnings: $31.5 million, Endorsements: $65 million

With four NBA titles and three NBA MVPs, LeBron James is in rare company and at 36-years old has a slight chance at breaking the NBA’s career scoring record. Off the court, James is still a mega hit, raking in earnings from deals with brands like PepsiCo, Nike and Beats Electronics. 

The 17-time All-Star has built his own media empire with the development of production company SpringHill Entertainment and media company Uninterrupted. James’ portfolio doesn’t stop with a 2018 launch with several other athletes in Ladder, a health and wellness company as well as investments in the Blaze Pizza franchise.

6. Neymar, Total Earnings: $95 million

Salary/Winnings: $76 million, Endorsements: $19 million

There aren’t many soccer players that can measure up to Neymar on the pitch. The forward is just as lethal off the field with sponsorship deals with Puma, Qatar Airways and Redbull. He also added more attention to his name with an appearance in popular video game Fortnite. Neymar has won the Samba Gold award four times in his career. He also recently signed a contract extension with PSG worth around 30 million Euros. 

7. Roger Federer, Total Earnings: $90 million

Salary/Winnings: $30K, Endorsements: $90 million

Endorsements are a game-changer for Roger Federer compared to most of his peers on this list. The 20-Grand Slam men’s singles title winner takes in most of his earnings from endorsements. Federer has a 10-year, $300 million deal with Uniqlo, and also has contracts with LVMH Moët Hennessy Louis Vuitton, Barilla, and Mercedes-Benz.

8. Lewis Hamilton, Total Earnings: $82 million

Salary/Winnings: $70 million, Endorsements: $12 million

Arguably the most significant name in Formula 1 Racing, Lewis Hamilton has endorsement deals with Puma, Mercedes-Benz and Tommy Hilfiger. Most of his earnings come from his racing success. He holds the joint-record of seven World Drivers’ Championship titles. Hamilton also has his name in the history books with the most wins (98), pole positions (100) and podium finishes (169). Considered the greatest driver of all time, Hamilton’s influence in the sport is a huge factor in his place on the list.

9. Tom Brady, Total Earnings: $76 million

Salary/Winnings: $45 million, Endorsements: $31 million

A seven-time Super Bowl champion, Tom Brady is just as creative off the field as he is on. Brady has endorsement deals with T-Mobile, Under Armour and Fanatics. The 43-year old quarterback recently signed a contract extension with the Tampa Bay Buccaneers. He will make over $41 million in salary for next season and also has branched out with his TB12 lifestyle brand, Autograph, an NFT company and 199 Productions, a media imprint. 

10. Kevin Durant, Total Earnings: $75 million

Salary/Winnings: $31 million, Endorsements: $44 million

In the second year of a four-year, $164 million deal with the Brooklyn Nets, NBA star Kevin Durant has successfully recovered from a ruptured Achilles tendon that cost him a full NBA season. The two-time Finals MVP has sponsorship contracts with Nike and Degree. He’s showcased a passion for entrepreneurship, investing in companies like Postmates, Coinbase, and Acorn while fronting his own media outfit with Thirty-Five Ventures. 

11. Stephen Curry, Total Earnings: $74.5 million

Salary/Winnings: $34.5 million, Endorsements: $40 million

Despite the Golden State Warriors missing the playoffs for the second consecutive season, guard Stephen Curry had a great individual season. The former two-time MVP was a finalist for the award and led the NBA in scoring with 32 points per game. The three-time champion’s brand off the court has grown with his own individual line for Under Armour, deals with Google and CarMax, and an equity partnership with beverage brand Oxigen. 

12. Naomi Osaka, Total Earnings: $60 million

Salary/Winnings: $5 million, Endorsements: $55 million

At the age of 23, Naomi Osaka has already made her mark in tennis. She is a four-time Grand Slam singles champion and is the first Asian player to hold the top tennis ranking in singles. Osaka has used her platform well, earning over $50 million in endorsements this past year while addressing mental health awareness and racism. 

13. Tiger Woods, Total Earnings: $60 million

Salary/Winnings: $200K, Endorsements: $60 million

Tiger Woods is tied for first in PGA history in PGA Tour wins and is second in men’s major championships. The golfer is on the mend from a car accident earlier this year that caused multiple fractures in his right leg. Woods earns $60 million in endorsement deals with brands like Nike, Bridgestone and Monster Energy. He just added another deal, signing a contract with EA Sports to add his likeness and name to the PGA Tour 2K franchise.

14. Russell Westbrook, Total Earnings: $59 million

Salary/Winnings: $33 million, Endorsements: $26 million

A player who puts up video game-adjacent numbers, Russell Westbrook is a triple double threat every night. The majority of Westbrook’s annual earnings comes from his NBA contract. The 2017 NBA MVP is still on the five-year, $207 million max deal that he signed back in 2017. A nine-time All-Star, Westbrook also has a signature shoe deal with Jordan Brand and owns several car dealerships in Los Angeles.

15. Patrick Mahomes, Total Earnings: $54.5 million

Salary/Winnings: $32.5 million, Endorsements: $22 million

A Super Bowl champion, Patrick Mahomes has achieved more than most NFL quarterbacks in a short amount of time. With just four seasons under his belt, Mahomes has played in two Super Bowls. The three-time Pro Bowler upped his earnings after signing a ten-year, $503 million deal last summer. Mahomes also has endorsement deals with many brands including Adidas, Bose, Electronic Arts, and BioSteel.

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Binance vs. Coinbase: Which Platform is Better?

Let’s compare Binance and Coinbase side-by-side. Binance and Coinbase are two of the largest cryptocurrency exchanges in the world. Many wonder how the two platforms chalk up head-to-head. If you are looking to deep-dive into a crypto exchange platform, you most likely stumbled across these names along your research journey.

One company spawned in the tech-enthused towers of Shanghai, while the other emerged in the VC-ridden hills of Silicon Valley. Despite being two of the three largest crypto exchanges (Huobi Global is the other), Binance and Coinbase have two very different platforms built for different users.

Like many crypto-related products, Binance and Coinbase offer access to different coins and/or platform features based on user location. Some countries take a harder stance on retail trading for cryptocurrencies, whereas other countries completely embrace it.

That makes it difficult for exchange platforms to determine universal rules for all users. Sometimes, it runs them into legal trouble. It’s important to understand your local laws and regulations to determine whether Binance or Coinbase, or any other crypto exchange platform, is the best option for building out your portfolio.

Now we’ll take a closer look at the platform features, currencies offered, and the pros/cons of both Binance and Coinbase. Last, we’ll compare the ease of use and security for each platform. By the end of the article, we hope you will be able to 1) know what to expect from a coin exchange 2) understand what type of coin exchange fits your needs.

Coinbase Overview

Let’s look at Coinbase, the largest cryptocurrency exchange platform in North America by trading volume. The American company was founded in 2012 by Brian Armstrong, a former Airbnb engineer. Since its launch, Coinbase has grown from an obscure San Fran startup to a $86bn+ publicly traded company. The exchange platform now boasts over 43 million verified users and is the third-largest cryptocurrency exchange in the world behind Binance and Huobi.

Coinbase platform features

Coinbase operates in over 100 countries as both a mobile app and web platform on iOS and Android, Windows, Mac, and Linux. Coinbase allows you to buy, sell, exchange, send and receive its approximate 50 available cryptocurrencies. They also allow you to check prices and chart data for many other coins.

The remote-first company also offers Coinbase Pro with no upfront cost. It permits users to access premium features like lower fees, real-time charting tools and higher-level trading. So why don’t they charge you extra? It really depends on how much you trade. Coinbase Pro uses a maker-taker business model, where orders that provide liquidity (maker orders) are charged different fees than orders that take liquidity (taker orders).

Put simply, Coinbase makes its money off trader fees.

Coinbase currencies offered:

Coinbase offers about 50 cryptocurrencies to send, receive, and/or trade (what you can do depends on the coin). When you think about the more well-known coins like BTC, ETC and LTC, you can assume it’s on Coinbase. Other popular coins like DASH were added in 2019 as part of its growing portfolio of supported currencies.

The list is certainly not exhaustive, but it covers all the bases for a beginner-intermediate-level trader who does not want to dive too deep into the volatile world of altcoins.

Coinbase Pros:
  • Coinbase is an easy solution for users looking to purchase Bitcoin. In crypto, there is a slight barrier to entry for users with US bank accounts (regulations are slowly evolving). Coinbase makes it easy to link your bank account, buy crypto, convert your crypto to fiat and send it back to your bank account. It sounds simple, but the more you immerse yourself in the world of blockchain, the more you’ll appreciate a product that can efficiently accomplish that.
  • Coinbase is also a large player in the space, so you can trust their customer support and infrastructure. They will not respond immediately (none of them do), but their system as a publicly-traded company is robust enough to warrant some accountability.
  • Coinbase is highly liquid, making it a safe choice for investors in a volatile market. You can confidently expect Coinbase to retain your funds.
Coinbase Cons:
  • Unless you are a Coinbase Pro member, exchange fees are high. Coinbase charges 0.50% per trade, which is higher than most of its competitors.
  • Like most centralized exchanges, Coinbase controls user wallet keys. That means you technically don’t own your cryptocurrency, you own a digital asset that Coinbase is holding on your behalf. This is seen as a bad thing because it creates a higher security risk and goes against the original intention of decentralized currency.
  • Limited coin selection. Compared to other exchange platforms, Coinbase does not offer a large variety of altcoins for users. This is partly due to restrictions enforced by US regulators, but Coinbase is still adding more coins to its platform.
  • Customer service is slow. One of Coinbase’s advantages is its institutional-like infrastructure. That includes a deep customer service team. So you can trust them, but for whatever reason, they are still painfully slow. When you run into an issue that needs troubleshooting, expect to wait a few weeks to resolve it. Keep in mind: the industry standard for customer service in crypto is notoriously awful. Coinbase is no exception.

Coinbase is far from perfect. But for US users, it is a clear frontrunner. No other platform in North America can match their security, reliability, accessibility, and ease of use. The high exchange fees are not ideal, but that’s the price you pay for a low barrier to entry. More technical users can seek alternatives, but your everyday trader should be willing to pay a premium for a streamlined crypto exchange service.

If you haven’t already, you can sign up for a Coinbase account here.

Binance Overview

Coinbase is the largest cryptocurrency exchange in North America: impressive. Binance is the largest cryptocurrency exchange in the world.

Binance was founded in 2017 by developer and fintech entrepreneur Changpeng Zhao. The company was originally based in Shanghai, China, but moved its headquarters to Japan and then the Cayman Islands amid mounting pressure on cryptocurrencies from government authorities.

As a behemoth in the Bitcoin world, Binance has gotten a lot of press… both good and bad. They have also been targeted by regulators on numerous occasions. In May 2021, it was reported that the IRS and US Department of Justice investigated Binance for tax violations and financial crime.

Because of this strained relationship with US regulators, users based in US locations cannot access Binance services. Instead, US-based users must use their sister company binance.us, a more limited version of their flagship product.

Before you count off Binance for ethical concerns, it is important to put Binance’s journey into context. They are a major competitor in a fast-growing, previously unregulated market aimed at disrupting institutions and decentralizing financial systems. You are going to hit a few bumps along the way. And it is hard to find any multi-billion dollar company in the cryptocurrency space with a perfect track record. Plus, these clicky headlines have little impact on the actual user experience of Binance, which is quite popular.

So let’s take a closer look at Binance’s platform features, currencies offered, and the pros/cons of using Binance. Then, we’ll compare Binances’ ease of use, security, and product offers directly to Coinbase.

Binance Platform features:

Binance operates similar to Coinbase, as a mobile app and web-based platform. Users can trade over 500 cryptocurrencies and altcoins, plus access to high-level trading tools like limit orders, market orders, and margin trading.

Binance Currencies offered:

Binance offers over 500 cryptocurrencies. So too many to list here. But it is important to note how there are a few key cryptocurrencies not available on Coinbase that Binance offers like Harmony; Coinbase only recently added Dogecoin.

Binance Pros:
  • Binance offers some of the lowest fees in the industry. Users pay 0.02% to 0.10% purchase and trading fees compared to Coinbase’s 0.5%.
  • Binance has a plethora of options for both beginner and advanced traders looking to make different types of transactions.
  • Binance allows transactions for many different coins compared to other major competitors.
Binance Cons:
  • US customers cannot use Binance; they have to use binance.us, a significantly more limited product
  • Although Binance’s platform is useful for all skill levels, it can also be quite complicated to navigate because there are so many options. The UI is not as intuitive as Coinbase.
  • Binance has no built-in digital wallet.

If you do not reside in the US, you can sign-up for Binance here.

Binance vs. Coinbase: Ease of Use

Coinbase is the easier option for beginner retail traders. Think of Coinbase as the Robinhood of stock trading, and Binance as the Fidelity or Charles Schwab. For a low-volume trader in the US looking for quick, convenient crypto trading options, Coinbase is the clear choice. Binance is also somewhat easy to use for beginners, it’s UI is just geared more toward users already well-versed in the crypto space.

Neither company is beloved for its customer service. However, Binance is a bit more responsive (IMO) due to their live chat features and social media team. Good luck getting Coinbase to respond to a ticket.

Binance vs. Coinbase: Security

Both exchanges are considered safe, but Coinbase is generally considered a more reputable company. As we mentioned early, Binance had a falling out with US regulators due to accusations of tax fraud and money laundering. German regulators also warned Binance for failing to publish an investor prospectus.

Coinbase is no darling child for security features, but they do a good job complying with regulators. You can feel secure putting your money in Coinbase, but I highly recommend setting up 2FA or other security measures to keep your account safe.

Most hacking occurs at the user level, with scammers setting up spoof emails and texts pretending to be the company. Although they are centralized exchanges, both Binance and Coinbase use cold storage to keep your data from hackers. 2% of Coinbase’s funds are kept in hot storage (making it more vulnerable), but Coinbase will insure your loss of funds if a security breach occurs at the company’s side.

Binance vs. Coinbase: Currencies Offered

Like we mentioned above, Binance offers over 500 cryptocurrencies compared to Coinbase’s 47, making it a difficult comparison. The main reason Coinbase has fewer currencies is because US regulators have taken a harsher stance on certain altcoins. Binance has made the decision to not remain US compliant and instead ban US users. It is possible for US-based users to operate under a VPN and still use Binance services, however.

Should I try Binance or Coinbase?

So, is Binance or Coinbase right for me?

If you live outside the United States, I’d recommend using Binance. The fees are lower, they offer more coins, and it’s worth the extra learning curve in the long-term if you are serious about building a crypto portfolio. Once you learn how to get your way around Binance’s platform, it will be much more beneficial to use.

You can’t beat their supported coins list, and with such a large infrastructure, you can feel confident about the security of your funds. As mentioned, most hacks/security breaches occur on the user-side, not the company-side.

For US users, Coinbase is the industry-standard. Anyone with a smartphone and a bank account can buy and sell Bitcoin in seconds. That’s a powerful form of technology that propelled Coinbase to its near $100 billion valuation.

Sure, the prices are high, but unless you want to spend hours reading and researching the best way to retain full control over your crypto, just use the app and pay your fees. You can’t underestimate the value of saving time.

For more serious US-based crypto traders, there are certainly other options to consider, and I’d recommend exploring them. At the most basic level, use Coinbase to buy your crypto and then send it to a cold-wallet or MetaMask. You don’t have to use one service for all your crypto needs.

Happy trading!

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Entrepreneurs Grind

How Sole Retriever Is Changing The Sneaker Game

Whether you are a sneakerhead or a casual sneaker wearer, there will come a point where you have to purchase a new pair of kicks. For some of us (like myself), sneaker collecting is a passion the same way others collect items such as trading cards, comic books, and now crypto, however, the process of getting your hands on new sneakers has recently become quite difficult. That is where Sole Retriever comes in. Since its 2019 launch, the company has been somewhat of a “middle-man” to help give consumers a better shot at snagging sneaker Ws. Sole Retriever allows sneaker enthusiasts of all levels to have access to raffle-based drops, giving users a list of all upcoming releases, and the different retail shops offering raffles for that specific drop.

Recently launching their mobile app this past April, Sole Retriever is a must-have for any sneakerhead, and currently has a waitlist of 50,000 users (yes you read that correctly) anxiously awaiting their turn to get in. With their website and mobile app booming, Sole Retriever is already becoming a powerplayer in the sneaker market, and ONE37pm spoke to one of the co-owners, Harry, about the company’s beginnings, the success Sole Retriever has achieved so far, and their plans for the future.

ONE37pm: How did the concept of Sole Retriever come to be?

Harry: We launched the site in 2019, and just released our mobile app this past April. Sneakers in general are hard to get, and the process has become very fragmented. Sneaker raffles are a way to make that process more fair. We research, collect and aggregate data to source all of the places that are offering sneakers, so that way people can enter different raffles. More shops have leaned into raffles because of the first come first serve aspect of sneakers, and this is going to be the future! Also COVID played a major role in accelerating the trend of online raffles as well because obviously you couldn’t go in-store as much. We have a strong sneaker community online and via socials as well which is great too! 

ONE37pm: For those that may now be fully aware, just how important are raffles going to be in the future?

Harry: Depending on the release, which sneaker it is, and who is carrying the shoe, companies will typically allocate a certain amount of sneakers to retailers such as Foot Locker, KITH, etc. Raffles are super important because what we’ll do is provide a calendar of online release dates for sneakers that users can enter so that way they have access to all of the information and resources necessary to increase their odds of landing a pair. We are a supplement that helps people generally become more aware so that way they multiply their chances of getting Ws.

ONE37pm: Have there been any challenges that you have encountered along the way?

Harry: Definitely! It has sort of mitigated as of late, but there were some difficulties when we first started to gain traction. There’s three people on the team, and that meant (and still means) sometimes waking up in the middle of the night to stay on top of everything happening, keep our users updated, and put out any fires that may arise! There were also some growing pains along the way as well. As of now, we are investing into resources and working on scaling up to continue to support our increasing user-base, but these are definitely good problems to have!

ONE37pm: Obviously there are hyped releases with every brand such as Yeezys x Adidas, but would you say there is definitely more demand with Nikes/Jordans?

Harry: For sure. There has been a resurgence with the Nike SBs, and they have become one of the most demanded silhouettes, especially with a ton of recently hyped collaborations. Many of the recent Jordan and Yeezy drops tend to be released in sizable quantities, limited collabs, excluded, but with the SB’s, it’s been quite a combination of insane demand and great colorways that has resulted in their recent popularity spike.

ONE37pm: You touched on this a bit earlier, but it can be so hard to get sneakers retail, and the resell market can be crazy. How does Sole Retriever help with that?

Harry: Just by opening up the window to more potential Ws by introducing users to places and stories they didn’t even know existed. Even if you are unsuccessful with getting a W on a particular sneaker release, you are still benefiting from the knowledge gained, time saved, and convenience and accessibility provided to you.

ONE37pm: Last but not least, where do you see Sole Retriever in the future?

Harry: We have a lot of fun stuff in the pipeline, and right now we are really focusing on our mobile app. We launched the app in April, and there is currently a waitlist of 50,000 users, which we are letting in on a rolling basis. We are also releasing new features on the app, and it will be suitable for whatever sneaker level you classify yourself as. Whether you are an entry-level sneakerhead, or collector, we appeal to any sneakerhead! At the end of the day it’s all about access and convenience, and that’s what we’re here to provide.

The Sole Retriever app is available via IOS and Android devices, so be sure to sign up and mark your spot on the waitlist today. Boost your position by referring your friends and gain instant access when you reach five referrals! In the meantime, you can up with all of the latest Sole Retriever updates through their official website, Instagram, and Twitter.

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Entrepreneurs Grind

How Michael Mayer, Co-Founder of Windmill, Is Changing Air Conditioning

This week’s edition of The Tartare Project hosted by Phil Toronto features Michael Mayer, the co-founder of Windmill. A consumer electronics company, Windmill is a small business headquartered in New York that focuses on building eco-friendly products that help keep the air clean. The brand’s most notable product is their personalized Windmill Air Conditioning unit that targets better airflow and smoother cooling while keeping away outside air.

Prior to co-founding Windmill in 2018, Mayer had a resume full of business experience, including being the co-founder of smartphone gadget Lookalu, and a three-year stint at Betterment For Advisors in which he served in various different roles.

Toronto and Mayer sat down for a 45-minute interview in which they discussed his career trajectory. Toronto began the conversation by asking Mayer about the decision to start Windmill. “Before Windmill there was no brand association or loyalty when it came to air conditioning. You know the big-name companies, but they haven’t been able to connect with the customer. For that very reason, this is an opportunity for innovation and experience.”

Growing up in Orlando, Florida with Disney World as his ‘backyard,’ education was a huge part of Mayer’s upbringing, attending college at the University of Pennsylvania, where he eventually received a Bachelor’s Degree in Economics. “I actually wanted to be an English major because I loved 18th Century Poetry in high school, “ he tells Toronto before going into the decision to go down the finance lane. “I went from an English major to finance. I spent the rest of those three years doing international currency finance and accounting. I felt the air just get sucked out of me. I wasn’t myself, and I wasn’t vibing on the stuff that I was learning. I ultimately graduated and realized that it wasn’t who I was.”

Windmill

Like many young adults, Mayer had to discover himself and find his own path in life. That journey was a spiritual one that included lots of meditation and therapy. “I’m a big fan of mental health. Even if you think you don’t need therapy, it’s helpful to dig into your past to figure out why you are the way you are—especially with starting a business. It’s very helpful!”

As the conversation continues, Toronto and Mayer cover his decision to leave banking, trusting your ability to live in uncertainty, and his early career experiences. Naturally, the conversation gets back to Windmill, and how the company values their customer’s experience. “LG, GE, Frigidaire—they aren’t thinking about how to word their installation manual in a way that you would understand it—they have third-party companies doing their manuals,” he says before detailing Windmill’s game plan for the future. Ultimately the vision of Windmill is to expand outside of air conditioning and to think about air care more broadly—especially with Covid and the wildfires out west. Air care is becoming more important.”

For more on Mayer and his business Windmill be sure to listen to the full interview above. You can also check Windmill’s official website here.

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Entrepreneurs Grind

How Jacob Zuppke Is Changing The Landscape of Petcare

This week’s episode of the Tartare Project hosted by Phil Toronto features Jacob Zuppke, President and COO of Autopets. Autopets is most known for their innovative pet care products such as the ‘Litter Robot,’ and the company aims to deliver meaningful insights through their high-grade products to assist in making better decisions for pets. Priding themselves on their development, marketing, and elite customer service, Autopets continues to rapidly grow their company as they establish themselves as one of the leaders in quality pet care and accessories. Zuppke spoke with Toronto in a nearly 40-minute conversation that covered his early childhood, the beginning stages of his career, and the developmental strategies behind Autopets.

Toronto starts the conversation by asking Zuppke to give a rundown of how Autopets originally came to be. “Autopets is the maker of ‘Litter Robot,’ which is the highest rated self-cleaning litter box for cats, and that is how we got our start. As of recently, we launched the ‘Feeder Robot,’ which is a pet feeder for both cats and dogs. We also have our litter box brand which is the maker of refined cat accessories ranging from modern cat trees, to cat nips, to different litter boxing closure to hide your litter box in plain sight.”

Taking some steps back, Toronto and Zuppke discuss his childhood in Bloomfield, Michigan, how he viewed school growing up, and his very first business venture at sixteen. “When I turned sixteen, my buddy and I started TJ Bagel, which was a Sunday morning bagel delivery route,” he says, reminiscing about his teenage entrepreneurial days. “We would get up early and go to a bagel place near us called Brooklyn Bagel and pack up everyone’s order and deliver them. We did that for about a year-and-a-half, and it didn’t really turn into much. It was a fun hobby business where we could make a little bit of money, but it was the first real business entity that we filed for and learned that process.”

Two summers later Zuppke embarked on a power washing landscaping business with another friend, and it was there that he realized that he had a passion for entrepreneurship. “That’s when I realized that I had this creative marketing approach where we sat outside of a grocery store that we worked at, and gave away free power washing services. We gave out 100 square feet of power washing, which isn’t much, and we were eventually able to book out an entire summer of homes. It was a really cool first go!”

After diving into more of Zuppke’s early businesses, the conversation progresses into Zuppke’s decision to join Autopets and how he has approached each phase of his career. “It definitely wasn’t all rainbows, but I came to a head where I realized that my partner and I were no longer having fun growing the business together,” he tells Toronto. “I recognized that I am somebody who wants to be in business with a partner, and it’s hard to do that if you don’t enjoy each other’s company all the time or don’t want to have some form of a relationship outside of a business one. I was young and really wanted a mentor, and I felt like it was something that I wasn’t necessarily getting a piece of. I want to have fun with what I’m doing, and looking back, I’ve never had more fun than what I’ve had at Autopets.”

For more on Zuppke and Autopets, be sure to listen to the full interview above. You can follow the entrepreneur on Instagram and Twitter.

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Gaming NFT

How Gamers Can Monetize with NFT Technology

Streaming is an experience like no other. Streamers create live content with an engaged audience who cheers when they succeed and laughs at their pain when they fail in-game. This creates bonds and friendships that last years. Some streamers have the privilege of turning their craft into a full-time income. For every person who gets this far though, there are dozens of others who are struggling to even meet the platform requirements for monetization. Since the pandemic began, streaming has become a very sought-after method of income. The drawbacks to the dream include the possibility that, even after making sacrifices and bringing your A-game every month, you won’t make enough to replace your day job. 

What if I told you there was a way for streamers to take greater control of their journey and prevent that dreaded streamer burnout? Meet NFTs. No, not the trippy digital art people spend millions on.

Meet Gaming NFTs:

There are whole ecosystems that allow players and content creators to create, trade, and compete for items with an actual value. 

Let’s take a moment to determine why streamers experience burnout. In any high-stress environment, humans have a certain capacity they can handle if the pros outweigh the cons. If you add high stress with a variable income that fluctuates wildly per month and is not guaranteed, you’re going to have a high burnout rate. 

The main way streamers monetize is through subscribers or paid memberships from their fans. Typically fans pay $5 a month and streamers earn $2.50. For most real estate markets, the average 1 bedroom/1 bath is over $1000 a month. That means a streamer on Twitch would need to have at least 400 subscribers a month to pay for the roof over their head. This also does not include the food bill, internet, supplies for their kids and a multitude of luxuries like soft toilet paper. For streamers to get more subs, they need more people knowing who they are, while also trying to maintain the subscribers they currently have. 

NFTs can help bridge the gap between the nearly burnt-out streamer and their dreams of being a full-time content creator. These items are high discoverable and the NFT space is exploding. Now is the time to get in on the ground floor. As of this writing, these items are woefully underutilized by non-artists. 

Imagine you make an NFT, and you give it away to your community. You’re one of only a handful of people in the world that has this capability. It separates you from every other streamer who tries to encourage their audience to subscribe for emotes that are only usable on Twitch and Discord. This dovetails into the beautiful conversation of you giving value to your community—more value than people who don’t use NFTs for streaming. 

In the crowded sea of content creators, you can offer something your fans have never seen before. As you already know, a community is a living organism with its own inside jokes, traditions and special moments. Being able to take your mascot or your community’s favorite joke and turn it into an NFTs they can collect and trade with each other adds a brand new layer of engagement that is hard to find anywhere else online in streaming. Sure, there can be Ninja skins running around in Fortnite, but if I can make my own NFT, then so can you! 

Swolesome

Did I mention your NFTs can be used in video games? Or that you can play/stream these games and get loot drops that can pay for your groceries or even more? 

Yes, these items can improve your income as a streamer. Enjin NFTs, for example, have transfer fees that pay to the creator of that item. This means that you can create a recurring, passive income. If you create an item your fans love and are crazy about collecting and trading, the item could end up changing hands like a game of hot potato. This sure beats trying to chase down subs every month if you ask me. 

This is only scratching the surface of the possibilities with gaming NFTs! If you love these ideas and want to learn more, be sure to follow my socials for more info. I’ll be making more introductory NFT content and doing huge NFT giveaways, in addition to more articles for ONE37pm covering the emerging space.

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Entrepreneurs Grind

What Is Post Malone’s Net Worth?

Post Malone first rose to fame in 2015 with the release of his single ‘White Iverson.’ The following year the artist released his debut album Stoney, which featured the hit ‘Congratulations’ and set a record for the most weeks on the US Billboard Top R&B/Hip-Hop Albums chart. In the five years since, Malone has continued his success with his follow-up albums Beerbongs & Bentleys and Hollywood’s Bleeding and has amassed a net worth of $30 million. Here is a breakdown of how the 25-year-old has been able to reach that number in just a six-year time period.

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Post Malone at the Grammys

Post Malone was born in Syracuse, New York, where he spent the first ten years of his life, before moving to Grapevine, Texas. It was there that the budding artist discovered his love for writing music, and taught himself how to play guitar through YouTube videos. Malone used social media to build his profile and began gaining attention through his covers and original releases.

At this point in his career, the majority of Malone’s earnings have come from his music career and endorsements. The success of ‘White Iverson’ captured the attention of many esteemed rappers like Mac Miller and led the artist to sign a deal with Republic Records in August of that year. His first studio album, Stoney, went double platinum, and spawned two top ten singles with the tracks ‘Rockstar’ featuring 21 Savage, and the Ty Dolla Sign collaboration ‘Psycho’.

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Post Malone at the Billboard Music Awards

His sophomore album Beerbongs & Bentleys was even more successful, earning the artist four Grammy nominations, and breaking a streaming record on Spotify. His latest release, 2019’s Hollywood’s Bleeding, solidified his place as one of music’s most successful young rappers as the album broke Michael Jackson’s record for most weeks on the Billboard’s Top R&B and Hip-Hop Albums chart.

In the music industry, success on the charts doesn’t always mean that an artist is making a lot of money. In this current music climate, artists earn a good percentage of their money through performances and tours, and of-course, the more you know how to do on your own, the less money you have to payout to others.

Malone is his own principal songwriter, which means he gets to keep a higher percentage of his royalties as opposed to other artists who hire a team of writers for their projects. The rapper has also booked many performing gigs through the years, and has embarked on a major concert tour for each studio album.

His last concert, The Runaway Tour, was on track to be one of the biggest tours of 2020 prior to the pandemic cancellation, and was voted Best Hip-Hop/R&B Tour by the Pollstar awards over the summer. With the pandemic still being a concern, Malone hasn’t announced any new concerts, but is currently confirmed as one of the performers for Rolling Loud in May, and Rock in Rio in June. While Malone has never officially released his tour earnings, according to Forbes, the rapper reportedly grosses $500,000 per show.

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Post Malone at Billboard Music Awards

In addition to his musical projects, Malone has multiple brand partnerships, with his Bud Light deal being the most financially lucrative. Malone has performed at various Bud Light sponsored events, and has earned millions with the company. The artist also has also secured on-going partnerships with True Religion and Hyper X.

Post Malone is still only six years into his professional career, but appears to be on a good track in terms of his success and overall net worth. With more music in the works, and upcoming entrepreneurial ventures ahead, Malone certainly has the potential to wind up being one of music’s top earners in the future.