My first experience with crypto was probably around, I think, 2017, maybe 2018. I was very fortunate, I caught the top, maybe a little bit after the top, but I managed to go in after the top and catch all that downside. So in typical ape fashion, I got rekt. That was enough for me to basically write that allocation and capital off and just move past crypto. From there, waited out through the bear market, just focused on other things. And then as COVID happened and everything else, I basically came back to crypto, went very deep into the macroeconomics for the space. So then I started going deeper down the rabbit hole. I went into the DeFi, that was a massive hype thing at that point in time. I found DPI. I researched all the constituents within DPI. And I figured out there was about six or eight in there which I was pretty keen to invest in. And then I was looking at it just going... By the time I cycle through the, I think there was 12 or so at the time, the research I did on the first one, the protocol had already moved so much further than that. So I realized I just couldn't keep up with it. So then I bought DPI, and that's led me to Index Coop, and from there... By February, I put out the first income statement for the team. Prior to that, there was no financial reporting. It's grown from needing to do some financial reporting into now this slick machine which is pumping out professional content and explaining what's happening underneath the hood, which is... Yeah, it's been quite a journey to build that team out, to be able to do that. So why crypto? It's a good question. Initially, back in 2017, it was essentially chasing alpha within a broader portfolio. It's like being super nuance, new, it had a lot of upside, but it was so early in the adoption. Now, I think what we're seeing is this real nuance industry developing the ability to actually be used in real world applications, and it's starting to scale. So it's actually starting to be something that isn't something most haven't heard of, to now, most people have heard of it and want to learn more about it. So it's hit that tipping point. Index Coop community is probably one of the most vibrant DAO communities there is in DeFi. Index Coop started out very small, October 2020, and now we've grown from what would be single digits contributors to now in excess of 60. So we've really opened up the ability for anyone to come and contribute at Index Coop, which has meant that literally anyone from anywhere in the world can come into a discord channel, learn and then contribute. So people are really engaged, they're enjoying working in Index Coop. It's a great, vibrant and active community. Lots of people coming through, just really great to see. Disclaimer: This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice.
Twitter
Youtube
Instagram
Discord
Email
Information is for educational and illustrative purposes only. The Index Cooperative is not engaged in the business of the offer, sale or trading of securities and does not provide legal, tax, or investment advice. Cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. There can be no assurance that any cryptocurrency, token, coin, or other crypto asset will be viable, liquid, or solvent.No Index Cooperative communication is intended to imply that any digital assets are low-risk or risk-free. The Index Cooperative works hard to provide accurate information on this website, but cannot guarantee all content is correct, complete, or updated.