My co-founders and I came up with the proof of concept in 2017. By April 2018, we set up the company and raised some small funds from friends and family and started building the product. That round was just $150,000. After that, we did another small round of around $500,000. After that, we did an initial exchange offering with Binance, where we raised $5 million. In the initial few years, I started building the ecosystem in India. The whole environment around cryptocurrency was unfavourable. Developers were afraid of legal hassles. You see, we are a tech platform, and we don’t build apps ourselves. People build apps on top of our platform. Community building is thus very important. We did a lot of hackathons in India—in the last 2 years, we must have done 200-300 hackathons in colleges and other places. We use India as a strength rather than a weakness.
Posted By :
Annapurna Nigam
(Blogger)
2021-05-27 23:26
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