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Anonymous

Hey I am on Medial • 9m

My Startup Crypto Startup ->I am a crypto guy and know the huddles of the Indian crypto ecosystem. ->Startup Incorporated on Dec-23 to solve the problem. ->Launched Platform on Feb-24. ->Got 12 users in 2 months. ->Tried to raise funds for sales and marketing(scale the business) ->sent the deck to 25+ vcs and angels. ->5 sent rejected mail, 20+ ghosted. ->Finally decided to pivot after(May - 24) ->This time I tried to solve the same problem in a different way.(Decentralized way) ->Previously I tried to solve it in a Centralized way. ->Crazily 45+ ghosted, applied for Polygon, Arbitrum, Solana grants and all rejected. ->Don't know how long I can endure both money, time is getting wasted. Few said this might be reason for rejection. Startup from tier 2.5 city, You Project has no token, No good backers, Not good regulations in India for crypto, Not an IIT/IIM alumini. No matter how many rejections I face—I'm determined to make my Idea succeed at any cost.

5 replies9 likes

Replies (5)

Suraj singh

Founder • 9m

bro how can I contact you

1 replies

Sajin
•

Foundation • 9m

Web3 is dead now. That could be main reason

0 replies1 like

Karan Sahu

Founder • 8m

Drop me a message, I would love to connect, and do not give up, bro.

0 replies

Saksham
•

Bebyond • 9m

What is the problem you are solving? Is it related to Real-life problem or a Web 3.0 problem?

0 replies

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I think we all neglect how tough is buidiling a dedicated and talented team as a startup! When you earn less or earn nothing. It's so hard to find skilled people. I've been ghosted many times by young mind as soon as I say " it's pre revenue startup"

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