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The 3 Essential Questions every founder should ask themself
Meet @ludwig_xyz a serial founder with 2 exit thats building regulated NFT ETF @nealthy_xyz
The Three Essential Questions Every Founder Should Ask Themselves
a serial founder with 2 exit thats building regulated NFT ETF @nealthy_xyz
In the interview he shared
🔹 Experience building regulated crypto after ftx
🔹 Advise on how to be a founder
1️⃣ Can you do a short introduction about yourself?
Since 2016 in crypto; serial founder with two exits (ado, Ë);
scaled multiple business bootstrapped to sev-figures a year;
loves misogi and longevity; leveraging code, capital and health whenever possible
2️⃣ How did you fall into the crypto rabbit hole & founded nealthy_yx ?
It was more the NFT-rabbit hole.
After I bought my last BAYC for around 233k$ I realized, that I’m betting a lot on one single assetclass, or one single asset within an asset class.
That was reason enough for me to search for a proper ETF-solution. Unfortunately there weren’t any. Due to this fact I decided that we’ll create one.
Because I always loved ETFs, but have seen some disadvantages with them, I wanted to combine the benefits of two worlds, ETF and blockchain.
As a result on-chain index products were created by us, not only for NFTs anymore, but for every web3-asset class, later eventually for all assetclasses.
3️⃣ Can you share ur experience as a founder, from idea, fundraising to funded and go through the process of being regulated
We started in a very troubled time, because SBF made headlines.
But all the time it was very clear for me that the current situation has nothing to do with my long-term bet.
Which is: Crypto finds mass adoption through the most convenient way of investing. That gave me the strength to push our pre-seed round through these rough waters.
Now we are proud, because the launch of our first products is within reach and in addition to that were able to create a community with over 50k+ people as well as institutional partners.
In terms of regulation is only one saying: I’m happy and grateful to be in Dubai. This country is led by an Entrepreneur. This allows us as company to work closely with the VARA and make sure, we are keeping all the necessary requirements without loosing velocity.
4️⃣ Your personal most rekt crypto experience
Didn’t stopped buying Blue-Chip NFTS even when it was crystal clear, we are at the top (was hooked ;))
5️⃣ What is your main goal/focus this year?
Bringing out the most robust on-chain Index products for NFTs PLUS a little surprise, you will see soon on our webpage.
6️⃣ Any advise for the founders or people to looking to start their startup?
There are three essential points in life.
Where do I want to live, what am I doing, and with whom do I want to spend time with?
This is transferable to a founders life.
What am I working on, with whom I’m working on this and how hard I’m willing to work on this?
Ask these question, so you can avoid traveling back and forth.
The direction is more important than the velocity.
+ Ask yourself about the Market-Prodcut-Founder-Fit.
Is it the right market?
Exponential growth, competition, regulations, etc.
Is my product really filling a gap within this market?
And am I the right founder to tackle this hurdle?
7️⃣ What do you think is required to make it in crypto
If I learned one thing in my crypto-investment, it’s define before you invest, when you’ll leave the market.
I don’t like the tip,
" only invest money that doesn’t hurt "
because it implies that it’s not a future asset class, BUT you shouldn’t be over-invested for sure. It will cloud your vision.
Thats a wrap thanks for reading!
and thanks for @pascual_tim & @ludwig_xyz time.
Looking forward to the @nealthy_xyz 's launch