CEO Binance, Chanpen Zhao told TechCrunch founder Michael Arrington that 90 percent of the employees of the exchange are paid in BNB.
Just one of the interesting things @cz_binance told me this week at @lcx event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people.— Michael Arrington (@arrington) 18 August 2018
BNB, also known as Binance Coin, is a native token Binance, krupneyshiy in the world of cryptocurrency exchanges. BNB Binance released in 2017, with the aim of raising funds to Finance development of the exchange.
Thus, Binance one of the few businesses in the cryptocurrency industry that pays in cryptocurrency.
Over the past few months various companies and projects are trying to completely switch to payments in bitcoin and the use of decentralized applications.
For example, ETHBerlin, the largest conference on Ethereum in Germany, replaced all of the centralized services to decentralized alternatives.
The only major company that offers the option of salary payment in bitcoin is a Japanese GMO Group, one of the largest technological corporations in the country.
Since the inception of its mining enterprises, the company offers compensation to its employees in cryptocurrency.
In order for cryptocurrencies such as bitcoin and Ethereum have become really widely used, companies in the cryptocurrency sector needs to set a precedent to demonstrate the potential of decentralized systems.
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