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E65: WazirX Founder: I built the Largest Crypto Exchange in India!
Manage episode 409219210 series 3419712
Nischal Shetty is the Founder at WazirX, the largest Crypto Exchange in India with more than 15M users. He is also the Founder of Shardeum, a layer 1 blockchain with infinite scalability, true decentralization and top-notch security.
Before starting his web3 journey, Nischal founded and scaled Crowdfire, a social media tool with more than 20M customers - while still working a full-time engineering job!
In this conversation, we talk about:
- Building and scaling CrowdFire to 20M users
- Nischal's 'ETC Strategy' to acquire millions of users
- Building and scaling WazirX to 15M users
- Shardeum: how Nischal will onboard 100M users into Web3
- Does the World Really Need Another Layer 1?
- Decentralized Social Networks
- Decentralized Gaming
- Decentralized Notifications
And much more!
__________________________________
SPONSORS:
đ° Earn up to âŹ100 and be eligible for multiple airdrops by Registering to Swissborg via the following link:
https://join.swissborg.com/en/r/dylan...
đ¤ SwissBorg is Europeâs top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.
-âž Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com
-đž Byzant is a Web3 social network ecosystem for creatives. Get ready to create, connect, and collaborate using Byzant's user-friendly tools and decentralized applications.
https://www.byzant.xyz/
__________________________________
FOLLOW NISCHAL SHETTY & WAZIRX & SHARDEUM
⢠Twitter: https://twitter.com/NischalShetty
⢠LinkedIn: https://www.linkedin.com/in/nischalshetty
⢠Twitter: https://twitter.com/WazirXIndia
⢠Twitter: https://twitter.com/Shardeum
__________________________________
JOIN THE WHEN SHIFT HAPPENS CLUB
⢠Instagram: https://www.instagram.com/kevinffollonier/
⢠Spotify: https://open.spotify.com/show/7JqCB5tnRky7XS7NRFWQJt
⢠Apple podcast: https://podcasts.apple.com/gb/podcast/the-yield-labs-podcast/id1596083462
⢠Twitter: https://twitter.com/yieldlabs
⢠Telegram: https://t.me/joinchat/WmwpRFGjRIIyZTdk
⢠LinkedIn: https://sg.linkedin.com/in/kevinfollonier?trk=public_post_feed-actor-name
⢠TikTok: https://www.tiktok.com/@kevinfollonier?_t=8kLZf4aPbSQ&_r=1
__________________________________
Chapters:
0:00 Meet Nischal Shetty
02:23 Empowering Your Teams to Create Leaders
08:07 Founder's Role
09:50 Indian and Start Up Opportunities
15:37 Why Indians Should take more Risk
19:30 Traditional Career Path Vs. Entrepreneurship
25:25 Nischal's take on University Degrees
32:13 Starting Crowdfire while working a full time job
38:45 Luck and Success
39:34 Starting a Company from the right Motivations
42:20 Scaling a Company to 20 Million Users
45:20 Persistence and Self-Awareness
47:59 The 'ETC Strategy' to acquire Millions of users
51:25 Inventing 'Yearly and Monthly Payments Plans' in 2010
54:09 Running Multiple Businesses at once
59:51 Taking the Crypto Leap as a Builder
01:02:27 Building WazirX: the Largest Crypto Exchange in India
01:10:00 WazirX's tipping point to 15M Users
01:14:03 Bringing 100M people to Web3
01:15:28 The Birth of Shardeum
01:19:38 Shardeum, The Auto-Scaling Blockchain
01:22:55 Does the World Need Another Layer 1?
01:27:40 For Profit Vs. Non For Profit Organizations
01:38:25 Decentralized Social Networks
01:41:58 Decentralized Gaming
01:45:01 Decentralized Notifications
01:48:30 Web3 is a Technological Revolution
01:51:48 Bringing More Freedom to People
87 episodes
Manage episode 409219210 series 3419712
Nischal Shetty is the Founder at WazirX, the largest Crypto Exchange in India with more than 15M users. He is also the Founder of Shardeum, a layer 1 blockchain with infinite scalability, true decentralization and top-notch security.
Before starting his web3 journey, Nischal founded and scaled Crowdfire, a social media tool with more than 20M customers - while still working a full-time engineering job!
In this conversation, we talk about:
- Building and scaling CrowdFire to 20M users
- Nischal's 'ETC Strategy' to acquire millions of users
- Building and scaling WazirX to 15M users
- Shardeum: how Nischal will onboard 100M users into Web3
- Does the World Really Need Another Layer 1?
- Decentralized Social Networks
- Decentralized Gaming
- Decentralized Notifications
And much more!
__________________________________
SPONSORS:
đ° Earn up to âŹ100 and be eligible for multiple airdrops by Registering to Swissborg via the following link:
https://join.swissborg.com/en/r/dylan...
đ¤ SwissBorg is Europeâs top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.
-âž Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com
-đž Byzant is a Web3 social network ecosystem for creatives. Get ready to create, connect, and collaborate using Byzant's user-friendly tools and decentralized applications.
https://www.byzant.xyz/
__________________________________
FOLLOW NISCHAL SHETTY & WAZIRX & SHARDEUM
⢠Twitter: https://twitter.com/NischalShetty
⢠LinkedIn: https://www.linkedin.com/in/nischalshetty
⢠Twitter: https://twitter.com/WazirXIndia
⢠Twitter: https://twitter.com/Shardeum
__________________________________
JOIN THE WHEN SHIFT HAPPENS CLUB
⢠Instagram: https://www.instagram.com/kevinffollonier/
⢠Spotify: https://open.spotify.com/show/7JqCB5tnRky7XS7NRFWQJt
⢠Apple podcast: https://podcasts.apple.com/gb/podcast/the-yield-labs-podcast/id1596083462
⢠Twitter: https://twitter.com/yieldlabs
⢠Telegram: https://t.me/joinchat/WmwpRFGjRIIyZTdk
⢠LinkedIn: https://sg.linkedin.com/in/kevinfollonier?trk=public_post_feed-actor-name
⢠TikTok: https://www.tiktok.com/@kevinfollonier?_t=8kLZf4aPbSQ&_r=1
__________________________________
Chapters:
0:00 Meet Nischal Shetty
02:23 Empowering Your Teams to Create Leaders
08:07 Founder's Role
09:50 Indian and Start Up Opportunities
15:37 Why Indians Should take more Risk
19:30 Traditional Career Path Vs. Entrepreneurship
25:25 Nischal's take on University Degrees
32:13 Starting Crowdfire while working a full time job
38:45 Luck and Success
39:34 Starting a Company from the right Motivations
42:20 Scaling a Company to 20 Million Users
45:20 Persistence and Self-Awareness
47:59 The 'ETC Strategy' to acquire Millions of users
51:25 Inventing 'Yearly and Monthly Payments Plans' in 2010
54:09 Running Multiple Businesses at once
59:51 Taking the Crypto Leap as a Builder
01:02:27 Building WazirX: the Largest Crypto Exchange in India
01:10:00 WazirX's tipping point to 15M Users
01:14:03 Bringing 100M people to Web3
01:15:28 The Birth of Shardeum
01:19:38 Shardeum, The Auto-Scaling Blockchain
01:22:55 Does the World Need Another Layer 1?
01:27:40 For Profit Vs. Non For Profit Organizations
01:38:25 Decentralized Social Networks
01:41:58 Decentralized Gaming
01:45:01 Decentralized Notifications
01:48:30 Web3 is a Technological Revolution
01:51:48 Bringing More Freedom to People
87 episodes
All episodes
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