“Just because something works doesn’t mean it can’t be improved.”
Ever since I watched the movie Black Panther, I haven’t been able to get this line out of my mind. Because, we’re always striving for perfection with everything we build and are always on the lookout for ways to improve upon what we have.
That’s why we’re always listening. We pay close attention to your feedback, criticisms and suggestions on the app, in conversations with our support team and even on social media. Your reviews will help us build a better, more robust product. So when users like you often raised concerns around the differences in pricing; we listened and took action.
I am proud to announce a slew of improvements to make your trades smooth, transparent and hassle-free. These include a single pricing structure to reduce the confusion caused by different buy and sell prices, a clear break up of charges and fees and a lot more. To understand these changes better, give this article a read.
Recently, we celebrated an important moment in crypto history. The tale of Bitcoin Pizza Day is well known in crypto circles, and one of my favorite stories to tell. It goes… On 22nd May, 2010, Laszlo Hanyecz paid 10,000 in Bitcoin to buy 2 pizzas. Back then, the value of one bitcoin was about $40, making it a relatively expensive meal. However, since his purchase, Laszlo watched the value of those pizzas grow exponentially. At BTC’s all time high, those pizzas would have been worth around 500 crore rupees!
This is what I love about the crypto community. Believers are willing to stake their own assets to prove a point. The transaction Laszlo made was the first recorded exchange of digital assets for real world goods. 13 years later, we took a slice of history and had a little pizza party of our own at CoinSwitch headquarters in Bangalore!
Lately, I’ve grown nostalgic about the early days of entrepreneurship. Hustling to go to market, taking any and every meeting and even the sharp sting of rejection. What I think is different now, are the opportunities available. Like CoinSwitch Ventures, which invests in the most innovative Web3 startups in India through our dedicated Web3 Discovery Fund. Over the last 6 months we’ve supported 12 promising blockchain-based startups (and counting). It’s safe to say, we are only getting started. Know of any budding founders? Tell us all about them!
We’re almost halfway through this year! What have some of your biggest wins been?
I’d love to hear all about them.