Why and What is The Binary Holdings?

3 min readFeb 20, 2024


Why and What is The Binary Holdings?

In the debut episode of our podcast series, we bring you an insightful and candid conversation between Manit Parikh, Founder & CEO of The Binary Holdings, and MANDO CT, Web3 Guru & Advisor at The Binary Holdings. This episode is a deep dive into the world of TBH, exploring its potential, token utility, and the vision for the future.

Cracking the Supply Model & Fando’s Origin

Manit Parikh, sharing his journey, reveals the origin of Fando, a double-sided marketplace designed to compensate users contributing to the platform’s data bank. Reflecting on his own experiences as a sports enthusiast and the limitations of existing platforms, Manit envisioned a space where contributors could earn their fair share. Fando’s evolution reflects a strategic move from a multi-vertical platform to a standalone sports and esports hub under Engage to Earn. Parikh emphasizes the importance of verticalization, creating a seamless and enticing platform focused on enhancing user engagement.

Unique Fan Club Tokenomics:

Fando stands out with 1,500 fan clubs, including giants like Manchester United, Liverpool, Ronaldo, and Messi. These fan clubs undergo meticulous onboarding processes, ensuring genuine engagement. Parikh introduces the concept of fan tokens, where user engagement earns these tokens. The value of these tokens fluctuates based on real-world factors such as league standing, transfer success, and fan engagement. The fan tokens become a form of digital asset influenced by the club’s real-world dynamics.

Empowering User Value

Fando’s ecosystem intertwines the social and trading layers, where users earn primary tokens for creating content and engaging with the platform. The earned tokens can be traded, staked, or used in Fando’s internal marketplace. The Binary Holdings envisions not just a speculative token but an inflationary growth token, substituting physical cash with tokens in real-life transactions.

Strategic Move: Web3 Integration with Telcos

The conversation unveils The Binary Holdings’ strategic partnerships with telcos. Manit Parikh explains their collaboration with Orido Indosat Hutchinson, solving core telco app issues. The integration boasts a 40 million user engagement, a 3.5% increase, and a 1.2% rise in incremental average revenue per user. The Binary Holdings aims to become an infrastructure player, providing backend solutions and middleware for enterprises.

Utility and Global Expansion

Discussing the utility of their native token, $TBHC, Parikh outlines its extensive use in the ecosystem, from payments to authentication and cross-border remittances. The Binary Holdings is set to expand globally, with partnerships spanning 250–300 million potential users through flagship telcos in Malaysia, Philippines, Vietnam, Cambodia, and Pakistan.

Web3 Projects and Think Tank Potential:

Acknowledging the vast potential within the Web3 space, Manit envisions TBH as a think tank and strategic partner for innovative projects. By providing resources, expertise, and a robust ecosystem, TBH aims to foster collaborations with forward-thinking projects, accelerating their growth.

Final Thoughts :

The inaugural podcast episode serves as a gateway into the world of The Binary Holdings, its visionary founder Manit Parikh, and the immense potential of the $TBHC token. As TBH continues to redefine the landscape of Web3, this episode is a must-listen for anyone intrigued by the future of decentralized ecosystems, token utilities, and groundbreaking partnerships. Stay tuned for more episodes as TBH continues to shape the future of digital innovation.

Watch the full podcast on Youtube: https://youtu.be/842ahJYRBjo