The following transcript was created using artificial intelligence. There will be some grammatical errors below. 

00:00:03:01 – 00:00:28:18

Richard Carthon: Hello, everyone. Welcome to another episode of Crypto Current, your host here, Richard Carthon, and today I got a really special guest all the way out in Singapore working on a really cool project. If y’all remember Coach K who previously came on the show, he actually had a warm introduction for me before the show even started, had some really good conversation. Looking forward to sharing even more conversation with you all now. We have James Gillingham and he’s working on a really cool project called Finxflo. How are you doing today? 

00:00:29:29 – 00:00:30:18

James Gillingham: Very well, thank you. 

00:00:31:16 – 00:00:42:12

Richard Carthon: Man, well thank you for joining us today. I know it is super early where you are, so thanks for spending the time. But you know, before we get started into this conversation, how about you tell us a little bit of background on yourself? 

00:00:43:23 – 00:01:23:13

James Gillingham: Yeah, sure. So, my name’s James Gillingham, I’m the CEO and Co-Founder of Finxflo. I originally was a trader in a bank, so I was a forex trader. I then left the investment banking trading world to move into hedge funds where I was part of the team managing $4,000,000,000. I then decided I got sick of the corporate world, so, I basically said to my boss, “I wanted X as a bonus.” So, he set up a bonus package, the guy he said, “Okay, yeah that’s fine.” Coming up as a bonus season and he drastically underpaid me, so I was like, “Okay, I’m leaving.” 

00:01:23:22 – 00:02:23:21

James Gillingham: I then created a fully automated trading algorithmic company at the age of 23, 22, 23, very, very successful for a period of time. And then the volatility side, the fixed side because of the financial crisis at the time, so I ended up selling that and then after that kind of traveled around the world a little bit. So, I started seeing things around the world and then was still kind of getting my toe in the financial markets, setting up fully automated, well, fully regulated brokerages. And this is regulated forex brokerages, G10 currencies, mainly plugging in liquidity. And then I started trading Crypto back in like 2014, 2015, invested a little bit, started dipping my toe in the market. And really the last two or three years, I was finally getting frustrated kind of like price discovery and things like that, trying to get top of book, trying to get the best price of being a trader, right? So, I was getting very frustrated.

00:02:23:23 – 00:02:24:08

Richard Carthon: Right.

00:02:24:10 – 00:03:07:29

James Gillingham: Latency execution issues, just more trading, looking at Coin Market Cap saying, well, how can this be true? Because I’m trying to get the bid, but I can’t get the bid, blah, blah, blah, blah. I like to get technical, but it’s very, very frustrating. And that’s how Finxflo was born. The idea around the frustration that I was finding when I was trying to get deeper liquidity and better execution and things like an official well, which is the first look and the last look, best execution principles just do not apply. So I was like, Okay, so I started looking at what else was out there about a year and a half ago and nothing else was out there, right? So I was like, well, I’ll build it myself. The idea was born and that’s a little bit about me, my background and the reason why I created Finxflo.

00:03:09:03 – 00:03:35:02

Richard Carthon: Spoken like a true entrepreneur, right? Especially coming from the finance world, you decide and you say, “All right, I want to work for myself, I want to go discover all this stuff.” You built your own company, you end up selling it, exploring for a little while. but then you said back around 2014, 2015, you start first getting into Crypto. So first, how did you first learn about it and then what made you decide, like, Okay, let me see how I can start trading this thing or getting involved?

00:03:35:26 – 00:04:26:19

James Gillingham: So, it’s a very interesting story actually. So, one of my old employees named Mike, he basically called me out the blue and said, “You’ve got a bunch of money, do you want to invest in Crypto?” At the time I was like, Mike it’s rubbish, it’s terrible, this is never going to take off. Like, what are you talking about, right? He said “No, come on, just do it for me. Just do a pound.” I said, “Okay, there’s 10,000 pounds.” So he invests basically. And then after that, I started watching it. He said that there’s really smart guys involved and at the time I was just like, Ah, it’s useless. I actually invested in the funds, right? Unfortunately, I didn’t make a lot of money from that particular investment.

00:04:26:21 – 00:04:27:06

Richard Carthon: Right. 

00:04:27:08 – 00:05:10:17

James Gillingham: However, it sparked my interest enough to start trading. I started trading it. Just some of the issues that I was facing, right? So I wanted one account, so I wanted to be able to see the depth of all the book globally, right? I wanted global liquidity and so, I was trading through a bunch of different exchanges, I was trying to find one account. Especially the latency issues, you’re executing through one exchange, you’re trying to find top of book, so the best possible price. At the time, I was managing like three or four different accounts, I’ve got all my screens open. I mean, from a non-trader background, looking at four, five, six screens, people go, Oh that’s so impressive. But it’s really a pain in the backside, right?

00:05:10:19 – 00:05:11:04

Richard Carthon: Yeah, it’s a lot.

00:05:11:06 – 00:05:48:13

James Gillingham: You try to find, like Oh, my God, I’ll miss the opportunity, that was my entry point. So, after that frustration of a few years, I was like, right, I really want to build something myself. I was still involved in the traditional wealth of creating fully automated trading algos, moving averages, a kind of blend of performance and indicators within the forex market. And I started to run scripts within the Crypto market, started doing okay, there were some leading and lightning issues that I needed to kind of tweak, which was super interesting for me. 

00:05:48:23 – 00:06:26:16

James Gillingham: But then I had my buddy and very close friend, Thomas Plaskocinski, who’s the CTO, like can build anything basically. I basically sat down with him, we went to Singapore’s FinTech Festival and I sat there and I had the idea in my brain and I was like, Hey, Thomas, what do you think of this? We sat there discussing it for about 30 or 40 minutes. And I said to him, “Do you think you could build this?” And he’s very French, right? So, he’s from Paris, he was like, Yes, James, this is very easy, very simple. I was like, Okay, if it’s very simple, let’s do it. 

00:06:26:20 – 00:06:27:05

Richard Carthon: Let’s do it.

00:06:27:07 – 00:07:11:00

James Gillingham: Let’s create this, right? So, yeah, from that moment, I then, I had some  consultancy work I was doing, I kind of pushed all that to one side. And I was like, Right, okay, I’m going to go in gung ho, as I always do. For me, it’s either zero or one hundred. I can’t sit there in the middle and say, Oh, I’m going to do this a little bit, I decided to go full throttle after all of the issues that I had trading Crypto. And it’s been a really interesting process building this company, as you and I were discussing before we started, right? It’s very interesting. This space is super interesting, the way it’s growing, the way it’s evolving, the people, the smart minds that are involved. Building something that was kind of in my brain.

00:07:11:02 – 00:07:11:17

Richard Carthon: Right.

00:07:11:19 – 00:07:37:09

James Gillingham: Kind of sat in my underpants, in my apartment, like trading, right? And then all of a sudden, you come up with the idea and you kind of, you speak to a friend and now we’ve got like, around 30 staff across three offices around the globe. Obviously, we start off growing, but we’re going to be growing pretty quickly. I’d imagine by the end of 2021, we’ll be up to about 100 to 150 headcount. 

00:07:37:11 – 00:07:37:26

Richard Carthon: That’s amazing.

00:07:37:28 – 00:08:08:17

James Gillingham: Yeah, we’re going to have a lot of different business. So, there’s a retail arm, there’s an institutional arm, there’s a prime arm, which I can come on to later on in this interview, if you want me to. Yes, super exciting. It’s also for me to police the space as well is very, very important. So, I want to help the space evolve. I always explain this to people, like the money’s there. I’m not motivated by the money. I can make the money, I’ve made a lot of money. 

00:08:09:03 – 00:08:47:09

James Gillingham: The pure motivation is also about improving the space as a whole and getting better execution, better price discovery for clients, making sure they’re always getting top of book, which they’re looking to hear, not being shown fictitious prices as well, because pricing normally, generally in any platform is indicative, right? So, what I also want to have, is when a trader sees a price, they can get that price and for instance, if we’re aggregating a liquidity part, whether that be a bank or an exchange, whether that be a market maker, whoever that particular person is, if that price is being quoted, we should be able to always get that price. 

00:08:48:07 – 00:09:18:17

Richard Carthon: Right. Real quick on that, and to something I want to lead into as we talk more about Finxflo, is exactly that problem. So, I’ve had some previous guests who have come on and I didn’t really dive too deep into this, but it sounds like this is the whole reason why you started Finxflo in the first place. Talk to us a little bit about like, what is the liquidity issue that you saw and that is continuing to be seen because I even see it sometimes with various trading platforms. Can you talk about that particular issue and then how Finxflo’s coming to help solve that issue?

00:09:19:22 – 00:09:58:12

James Gillingham: Yeah, sure. So essentially, what are you electronically trading, right? And you want to hit top of book. So, top of book is basically the best price for whatever size. Let’s say you’re wanting to execute one BTC, right? And so, you want to buy one BTC and top of book is only .2, right? So, the best price that you can receive is .2. So, you’re already getting 0.20 percent of your one BTC, so that then means that you got to get the second best price, third best price, fourth best price. So, you have to sit down and order the book, depending on how much BTC is available, what you’re trying to purchase, right? 

00:09:58:14 – 00:09:58:29

Richard Carthon: Right.

00:09:59:02 – 00:11:10:17

James Gillingham: So you’re getting more execution. In the traditional well, that’s class as slippage. That’s not something that I’d want as a trader, right? So, if I see a certain price, what we essentially do is that we aggregate multiple pools of liquidity. So, instead of going to one exchange, you slide down and order the book because you may only get a partial fill, yet partial fill, 20 percent, 20 percent, 20 percent, 20 percent. So, the average price, let’s say the stock price of Bitcoin is 10,000, right? Let’s keep the number simple. But your average price because you’re sitting down the order book, could be 10,000 to 800, but you’re nowhere near the stock price, right? So, you’re paying an $800 premium because of the debt for the order book. So, what you want to be able to do is, is you want to have multiple pools of liquidity. So, essentially what we’ve done without getting too technical, we have time weighted average price of volume weighted average price. So, what happens is we have multiple pools of liquidity, so, we have, say 25+ exchanges, we have five banks also offering a bunch of banks that offer liquidity and then we have some market makers, like the biggest market makers in the world, plugging in their liquidity. 

00:11:10:24 – 00:12:25:24

James Gillingham: So, instead of us dropping down one order book, what we do is we aggregate all of those prices together. Essentially, we get a much better, tighter prices spot. So, let’s assume the top of book is that spot, right? We also have a bunch of protocols that we’re also aggregating, swap balance or any other protocols. And then what we will then do, if we do a time weighted average price or more a feedback price, which is volume weighted. So, if I’m executing one BTC and let’s say top of book is Binance at 10,000 and it’s 20 percent, so it’s 02. The next top of book is B2C2, which is a market maker and they’re offering .4 also at 10,000. So, then we slice that order, that one, that slice of one will be sliced into volume and our algos will automatically place that top of book across all the market makers and all of the liquidity partners and providers, so that we get a much better average price that a person executing through one venue would essentially get fill to say 10,800, if we go back to the same scenario, whereas we watched the party get executed at 10,100 average price, 

00:12:26:23 – 00:13:09:01

Richard Carthon: A ton of money, which is a huge deal. And like, first of all, this is a huge feat to tackle. This is one that obviously plenty of people and companies out there have been trying to tackle. How is it that Finxflo has been able to position itself to effectively be able to get this done? And then obviously you said there’s a ton of other arms that come with it, other things that you can focus on after getting this set up. I mean, I’m sure there’s a ton of legal things that you’re having to pay for and also just having to work with all these different exchanges. There’s a lot of collaborations that have to go into this. So, like how has this journey been with getting all of this set up? I’m sure it’s been a huge mountain to climb. 

00:13:10:07 – 00:13:59:12

James Gillingham: Yes. So, first of all, the biggest issue is obviously the tech side, right? The aggregation’s been hand-built, essentially by Thomas. It’s already going through extensive testing as well, because obviously, for us to get our licenses around the world. So we’re licensed here in Singapore, we’re acquiring a license in Europe, so going to be across 27 member states. We’re also getting a license from the FCC and a big license in New York. And then we will then go across all 50 states, right? So, the first issue really is the tech and the aggregation and making sure that the latency and the way that this process works and then simple things like the market, or how does the mathematical equations behind that work. It can get pretty technical.

00:13:59:14 – 00:14:00:00

Richard Carthon: Yeah.

00:14:00:02 – 00:14:28:16

James Gillingham: All of this kind of brainstorming and mapping, mind mapping and Gantt charts leveraging really needs to be created to begin with. And obviously the tech stack, the way that it’s been built, the way that it’s been built from scratch. There are certain white labels you can kind of get with aggregation systems you can kind of piece together, put together from various places, but it’s pretty useless because you need your system to be elastic and it needs to be able to handle a lot of messages per second. 

00:14:28:26 – 00:15:03:05

James Gillingham: So, for instance, if you have 10,000 messages per second from outside and our liquidity partners, they may only be able to handle say 1,000 messages per second. We can actually shut down the underlying exchanges or market makers because we’re bombarding their servers. So, the collaboration with our underlying liquidity pools is very, very important. We need to speak to their technical team because we have an elastic system we can expand and it doesn’t matter, we can have a system of as many messages as what they handle.

00:15:03:24 – 00:15:04:09

Richard Carthon: Right.

00:15:04:11 – 00:15:59:05

James Gillingham: But if we keep on shutting that service down, they’re gonna get pretty angry pretty quickly, right? So, we have to collaborate pretty quick. We have already been collaborating with now 25+ partners. We’re now in the early discussions with some banks here in Singapore. So, some Singaporean banks, we’re trying to add a lot of liquidity. The protocols and most exchanges are open source, so they normally work off web sockets. We have a technical standardization, which is a fixed API because this is what most of our clientele within the institutional realms, whether it’s a hedge fund, whether it’s a family office, whether it’s a bank. We’ve had a lot of prime inquiries already and they once have technical standardization. That’s normally for a fixed protol, so we have a total standardize fix, which also reduces latency, we also co-locate as well. 

00:15:59:12 – 00:17:03:10

James Gillingham: So, we have co-locations with some of our partners. If the listeners don’t understand what co-location is, it’s very, very important, it’s for latency issues. So, if you sat in your bedroom wherever you are, let’s say that you’re in New York and you’re trying to fire off a trade and it’s going through a service in, say, Korea, right? So, by the time your messaging service goes all the way through to Korea, then goes in then tries to hit their system and says, Okay, filled, or halfway filled, or whatever it is, it comes back to you. That whole round, what we class as a round trip after the execution, it could be a second, it could be two seconds, it could be a millisecond, right? But what we do within our infrastructure is we co-locate with each one of our underlying partners, that means that instead of sending it around the world and having this global distribution, extending it through maybe, I don’t know, an inch table, we’re in the the same server space and the rack space as well as where they are on the line. So that’s how we also get our traders and our people into the market. 

00:17:03:28 – 00:17:30:19

Richard Carthon: As I said, this is not your first rodeo. You’re being extremely thorough with this. The fact that you have been able to piece together all of these various things that need to be done in order to effectively set this up. Has this just been through going through previous entrepreneurial experiences? Is this from just a really great team or a board of directors? How are you able to truly map all of this out to set this up? 

00:17:32:11 – 00:18:19:28

James Gillingham: A lot of it’s kind of experience from the traditional world. I know what works from the traditional world, what doesn’t work. It’s actually very, very good coming with extensive experience from a more regulated environment, because you can come into a place where there’s loose regulations and there’s certain things from the regulated world that kind of don’t work, right? So, you can also integrate and execute things. You make improvements across the traditional world, which is what I really want to do. I want to make this more efficient, managing traditional wealth, so the more traditional money comes in and then obviously we get to evolve the space a lot faster. The way that’s done is essentially mapping everything out. 

00:18:20:00 – 00:19:45:11

James Gillingham: From day one, like I had a vision sitting down with Thomas and kind of like really, really hashing things out. You have to be to the granular level, where we really understand exactly what needs to be done when it needs to be executed. How do you like detailed plans and Gantt charts? Okay, when does this have to be completed by? When does this have to be completed by? Strategically as well team members, so team members in different locations, who can we trust? How do we grow our team? And how is it to be evolving? What’s going to be even our corporate culture? Down to these granular levels that people don’t really even like, see to begin with, this is what we’re already developing and thinking about. And we always have a very inclusive environment, so, it doesn’t matter who works with us, like what their title is, we open lots of these key discussions up to everybody. Being an entrepreneur, I really feel being inclusive with everyone within the team, especially coming from like the banking world where you’re trading. You don’t get to see the rest of what’s going on in the operations and everything else, whereas with us, we’re super inclusive and we try to get even like people from South, get involved in ops, get involved with devs like, we will give out own ideas on the way things can be done. 

00:19:48:01 – 00:20:52:20

James Gillingham: It’s not a dictatorship, I really want there to be a lot of smart people around me. And I always say that if I’m the smartest, I mean, I’m pretty smart, but if I’m the smartest guy in the room, there’s a problem. I want to have super, super, super prepared people and that’s very important for any company. I mean, if you look at even any business, right? Like the biggest businesses in the world all around the staff, if you strip, say, Apple, for instance, this is one of the world’s leading brands, right? If you take all the staff out. Yeah. I mean, you’ve got a shell company, but you don’t have the company evaluation you would have because you’ve got all the smart minds in there. That’s super important for us to make sure that we have a great culture, a great working life. We all work very, very, very hard to achieve the highest levels, we believe that we can become, it sounds to some people a little bit egotistical, but I believe we can become the number one Crypto venue pretty quickly, considering all of the benefits that we can add from a technical standardization from all of our tech team and all the smart devices that we have. 

00:20:52:22 – 00:22:22:22

James Gillingham: You mentioned Coach K previously, very, very smart guy. I also need guidance as well, so, I don’t want to be like an egotistical maniac saying, Oh, I’m fantastic because I’m pretty new to Crypto, last couple of years. So, I want to make sure I’ve got these guys who’ve been around the space for five, six, seven years who are also giving their input. We have a very great, fantastic advisory board, especially when it comes to acquiring regulations. I’ve acquired rights globally before, but this is also very important, constructing a super strong legal team, having a very strong compliance team. We’ve just gone and headhunted the executive director of Standard Chartered Bank, who is the whole, he was basically the head of their compliance team for the whole of their electronic trading. So, we can kind of because of our existing relationships and people know me, so I can go into the banks and go into the hedge funds and I can bring these guys that are in Crypto and not really even think about it because of my relationship I have with them and they know who I am. So, it’s also very interesting to go into these established institutions, but I’ve got a very comfortable life, as you know, when you’re an institution and moving into a startup. So, yeah, I mean, it’s a long winded answer to your question. But I guess, the key message here really is about finding staff and just having a great team and then build out from scratch and then obviously having a fantastic team that can drive essentially to ship.

00:22:23:15 – 00:22:50:26

Richard Carthon: No doubt. For everyone listening, go back and listen to all that again, especially if you’re building your own company and if you’re thinking about how you put the right pieces in place to grow and expand. He just left a ton of great nuggets there and I definitely want you to go back and listen through that. But, next thing I kind of want you to walk through just very quickly, is you know, give us a road map of 2021’s looking like it’s going to be a pretty solid year for Finxflo, so tell us a little bit about that. 

00:22:51:26 – 00:24:13:13

James Gillingham: Yeah, sure. So, the anticipation is that March will be when the product goes live, and so we have some special features. We’re coming from a trading background, so we have One-Click trading, which is super, super important, so I want to get it into the market. I see an opportunity to be kicking around with multiple screens. We have multiple multiscreen charting as well. We’re also integrating heat maps and lots of other map overlays to make sure the trading view screen is getting accessibility. I know from our due diligence with Crypto well, there’s a lot of people that use multiple charting software and they basically put all the heat maps and everything in one place, as well as having one place for execution. I would anticipate that by the end of Q1. Q2 will be shortly followed by our mobile applications because I know a lot of people want to be able to use mobile. And we also have the technical standardization, which I mentioned before, which is a fixed API. So, we’re going to be plugging in a lot of our transactional flow straight into primarily pre-existing brokerages out there that are doing a lot of additional flow, but they now want to move into Crypto. So, we will be plugging our fixed API into these guys and they will be bombarding us with all of their transactions, which is fantastic for us. 

00:24:14:05 – 00:25:43:23

James Gillingham: But, by the end of this year, because we’re an aggregator, it’s an exclusive for you, it was only hashed out last week, so, I’ll give you some inside information. We’ve just created now, a data point, like you said, things aside to the business, because we get all the aggregation and all of the messaging and all of the information, we’re going to be packaging up this data. So, we’re going to be packaging it, producing that, that can be produced to hedge funds, like there’s a lot of counterparties that can take advantage of this at the execution data or best price data. It will be exactly like global ways of flow coming from, so the statistics are also being built in as far as we’re building out the whole backend, which also incorporates machine learning. So, It learns by trading patterns. It also gives us lots of trade surveillance as well, so, we’re able to review sets of traders and the way they’re acting during certain times. We’re also going to be running a data business off the back of the actual business itself, for the aggregation and the execution. Retail is going to be the main focus in Q1. Q2 will be mainly the institutions and then there will also be some white labels of our products and things like that. So, it’s going to be a really, really exciting time for 2021. 

00:25:44:08 – 00:26:22:25

Richard Carthon: Awesome man. Well, thanks for sharing that exclusive with us. Sounds like you have a lot of great things cooking. Everyone definitely, listening, make sure you stay abreast of everything that Finxflo has going. But really quickly, another quick conversation I want to have with you/just pick your brain on is as we head into 2021, it’s looking like there’s a ton of eyes that are being placed into the Crypto space. You see a lot of institutional money starting to enter the market, you see a lot of people seeing as Crypto being as a potential safe haven compared to some equity markets that are out there. What is your take on where we are headed in the Crypto space, let’s say, over the next year or the next five to 10? 

00:26:24:13 – 00:27:33:00

James Gillingham: Next year, I still feel as though that we are evolving very, very quickly, right? There’s a lot of institutional players, as you say, that keep on buying, buying, buying. The reason why we haven’t seen the price action of Greyscale buying so much BTC is because they’re clearly doing it through OTC, right? So, they’re not actually going onto an exchange, it’s going to be an OTC trade because if not, technically, the price of Bitcoin would not be where it is right now. So, they just buy. There’s a lot of like, institutional players now. I mean, they have been asking people like me for the past year, year and a half that we’ve seen private banks even coming reaching out saying, Hey, we’ve got a lot of requests from our clients. Before it was more around like, client driven, so it was the clients wanting, speaking to their bankers and saying, Hey, I want to get involved in Crypto, how do I do this, right? So, then the banks, kind of said, Well, you know, we don’t really want to deal with you. So, for us, for instance, trying to get a bank account was extremely difficult, trying to say all we were Crypto. 

00:27:33:26 – 00:28:57:16

James Gillingham: So, the banks have been trying to push away Crypto companies for a long, long time and they’re now opening up more. The overall macro view is that across the next year, I believe it’s going to open up even more, the reason why for opening up even more is because every government pretty much around the world, whether it’s China, whether it’s America, whether it’s Europe, all of the central banks around the world, all of these CBDCs, so their currencies are going to be coming out. That means that puts even more pressure on these institutions, because it becomes more mainstream. I feel as though, like the last year or two years of people being asking about getting involved or watching this space, now they’re physically getting involved. And now there’s FOMO as well, so, there’s a lot of folks saying, How do I get in? What do I do? What’s going on? So, I feel as though there’s going to be a lot more institutional players within the next year that will get involved, especially from a governmental point of view. CBDCs, that’s really, really quick as well, because as soon as the first group really rolls out, I think Switch Chrome is going to be out. The Thai government has recently come out with their own DeFi part of their bond markets, which is super, super intriguing to be watching, right? 

00:28:57:18 – 00:30:21:02

James Gillingham: So, it’s really interesting to see that the governments at this kind of level are getting involved. And then obviously that brings further credibility. And then obviously, we want to get rid of you know, the bad vibes around all Crypto people getting around monitoring, money laundering, and these kinds of things. The regulators are bringing out, so fact card, they’re bringing out the travel rule. So, it’s going to be exactly the same as the traditional well, that’s when you’re executing with an empty one by nine of these swift payments. So, they’re going to be aligning this as well, so, that’s great news. And then obviously the next five years, I think the world’s going to turn digital totally. I mean, when was the last time in Singapore at least, even having any cash on me? I can’t remember, I don’t even remember the last time I had one on me because everything is already digitized, right? Everything everywhere you go, it’s like you tap your card, that’s it, it’s paid. So, I feel as though there’s an easier way for us to move into this digital, new digital world. In mainland China, for instance, you have beggars on the streets that only use digital currency, right? They only accept digital payments, they don’t accept Fiat. 

00:30:22:10 – 00:30:22:25

Richard Carthon: Wow. 

00:30:22:27 – 00:31:10:06

James Gillingham: So, yeah. I really feel as though within the next five years because of CBDC, the way that the world’s evolving, Blockchain technology is evolving so fantastically well. Anywhere from supply chain handle as well, it’s not just purely about Cryptocurrencies, it’s about all these other aspects, the Blockchain can be integrated into and that just develops the whole space and then it grows more credibility. And then, the governments open up and then that’s it, we will be the number one industry. I feel within the next three to five years, everyone wants to be in the space, everyone sees the way it’s growing and nobody wants to be left out. And then, the money starts getting pumped in and then that’s it. 

00:31:11:06 – 00:32:09:05

Richard Carthon: Yeah. I mean, I think that’s a really great and interesting take, especially that your timeline’s within three to five years. I’ve heard anywhere from three years to 10 years, the next 20. But like, again, regardless, it’s still looking like the train is headed towards this space, especially what you say with CBDCs, governments are trying to get involved and, you know, if governments are getting involved, like, there’s a lot of attention being brought to the space. And just like you said, FOMO started to set in and people do not want to miss out. I really do appreciate that insight. For everyone listening, just make sure that you are always continuing to do your research, make sure that if you are listening to this and you want to get more involved, start taking your first steps, start learning and figuring out how you can get that first trade in. And so, you can like be involved in the space, because as soon as you have some vested interest in, you want to pay attention, you want to start learning more, you start getting more and more involved. So real quick, James, I really do appreciate you being on the show. But what is a final thought that you want to leave with all of our listeners here today? 

00:32:10:18 – 00:33:33:28

James Gillingham: If you sat on the fence and you’re thinking about getting in, I would always say start off very small. So, anyone trying to move into a new market or been watching this space and hearing things, I would say start off, dip your toe in the market. I would also try to urge people to do as much due diligence as they possibly can, because Crypto can still be a wild place. And there’s a lot of people that would be dishonest within the space, so just be very, very careful. And then obviously, the guys that are more evolved and have been involved in the space, keep on doing what you’re doing and keep on trading, keep on trying to help the space evolve. Take advantage, there’s lots of opportunities. I feel in 2021 that they’re going to be coming up. Please watch the next flow and be part of our journey. We also have a down governance system, so by holding our set token, you’re able to have input to the platform of who we aggregate and which direction we go. So, we don’t want this to be like a banking relationship, where you know, nobody has a voice. So, we really want to open this up to our community and please, please join our Telegram and contact us directly. 

00:33:34:00 – 00:33:39:29

Richard Carthon: Awesome. Well, just like you said, what are some ways that people can connect with you, James, and also keep learning more about Finxflo? 

00:33:41:04 – 00:34:13:23

James Gillingham: Our website is Finxflo.com, so it’s F-I-N-X F-L-O.com. We have a Telegram group, and is also Finxflo Official. You can message us in there, you can join, you can reach out to us. So, if there’s any specific questions, I’m always happy to help or answer anything, obviously, you have to give me time to get back to you. I always try to answer anyone who’s more intrigued about the space and I always try to help people whenever I can. 

00:34:14:20 – 00:34:19:23

Richard Carthon: Amazing. Well, again, James, thank you so much for being on our show today. And for everyone listening, Stay Crypto Current.