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Coinbase allocating 10% to innovation plays

Published 04/21/2021, 05:15 PM
Updated 04/21/2021, 07:00 PM
Coinbase allocating 10% to innovation plays

United States cryptocurrency exchange Coinbase has announced a new project aimed at increasing innovation in the nascent blockchain industry.

Project 10 Percent will see Coinbase divert 10% of its resources to supporting innovative ideas within the company. The project aligns with the exchange’s philosophy that “70% of our time should be focused on core work, 20% on strategic bets, and 10% on innovative experimentation,” the company said Wednesday.

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