Category  |  May 6, 2024

My Journey to a Crypto Startup

Written by Michael

Who I am

Just an everyday Joe who learned about bitcoin and cryptocurrency from friends and family many years ago. Never really gave it any serious thought until a few years back when I began to dabble here and there with Bitcoin, Ethereum, and Ripple. Blockchain technology was fascinating, and all the new opportunities and companies that came along furthered my interest in the crypto space.  

How it started

Mt Gox, Quadriga, FTX. Just a few fantastic unicorns that ended up being, as Warren Buffet eloquently put it, “rat poison”.  Reeling from the aftereffects of yet another collapse of an exchange, I started to question the integrity and validity of any services operating in the crypto space. It seemed like no company was safe from the long arm of the law. Worse, breaking the law to make (or in some cases, steal) billions of dollars in an unregulated space appeared to be the norm. Greed and lawlessness became the driving force behind many “successful” crypto companies.

I no longer felt safe with the products made available to me, and many of my peers felt the same. After many nights of drinking, pondering, and brainstorming, we decided; there is no company that we can trust, but our own.

And so we embarked on creating a crypto startup with the focus on safety and security.

IT WAS SO EASY.

It was not easy. At all. Where do we start? What do we do? How do we begin? All our “expert knowledge” of stacking sats, DeFi, NFTs, and going to the moon amounted to nothing when it came time to get the ball rolling. We first had to face the daunting task of starting a company from scratch. With no clear path or direction, we found ourselves swimming in a sea of altcoins.

Newsletter

Stay tuned for our features and promotions