Unlocking the Secrets of Successful Web3 Startups with Rishabh Gupta

In today’s Web3 with Sam Kamani podcast, we dive into the world of blockchain and crypto startups with Rishabh Gupta from TdPy, an accelerator and incubator for Web3 founders. TdPy offers guidance on tokenomics and product development without charging fees or taking equity, making it extremely founder-friendly.

The Journey into Blockchain and Crypto

Rishabh's journey began in India, where he developed an interest in startups while working with Oyo Rooms, a major company funded by SoftBank. He then pursued a Master’s in Business Administration, where he explored predictive algorithms related to Bitcoin, leading him to delve deeper into blockchain and crypto.

What is TdPy?

TdPy, born from the experiences of founders needing more than just capital, provides comprehensive support to startups. This includes tokenomics, product development, and creating a sustainable business model. Unlike traditional accelerators, TdPy offers lifetime support, evolving with the founders and their projects.

The Importance of Tokenomics

Tokenomics is crucial in the blockchain world. Rishabh explains how the value of a company, once represented by shares, is now depicted by tokens. It’s essential that the value generated by a business is reflected in its token. This perception increases adoption and business growth. TdPy assists founders in building token models that genuinely reflect the business's value.

Non-Cohort-Based Support

Unlike other accelerators, TdPy does not operate on a cohort-based model. They provide continuous support, adapting to the evolving needs of the startup. This approach ensures that the token models and business strategies remain aligned over time.

Comprehensive Services

TdPy offers a range of services through its affiliated companies under Trade Dog Group. This includes market making, public launch pads, and a hackathon platform for early-stage entrepreneurs. This infrastructure supports startups through all stages of their lifecycle, from pre-TGE (Token Generation Event) to post-TGE and beyond.

Challenges and Misconceptions

Rishabh highlights common challenges founders face, such as the misconception that their product will automatically generate token value. He stresses the need for founders to focus on creating liquid markets and ensuring that their token's value is perceived by holders. Founders should also avoid trying to handle market making themselves due to potential emotional and psychological biases.

Market Making and Transparency

A good market maker is essential for maintaining token liquidity and market efficiency. Founders should seek experienced and transparent market makers, avoiding those who use simple bots or operate opaquely.

Contrarian Views on Crypto Markets

Rishabh shares his belief that the crypto markets are still driven by sentiments rather than fundamentals. He emphasizes the need for more user adoption and practical applications of blockchain technology to achieve true decentralization and sustainable growth.

Future of Web3 Gaming

Web3 gaming holds the potential to bring the next billion users to the crypto space. However, the focus must be on creating engaging gaming experiences rather than merely offering rewards.

The Biggest Challenge for TdPy

Educating founders about the real challenges and potential pitfalls in their journey is a significant task for TdPy. Founders often need guidance on implementing effective incentive practices and building sustainable businesses without falling for quick gain promises.

Final Thoughts

TdPy continues to support founders with a passion for building sustainable and innovative Web3 projects. If you’re a founder looking for guidance or interested in collaborating, TdPy is always open to conversations.

Connect with Us‍‍

You can connect with me, Sam Kamani, on social media or reach out directly. My DMs are open, and I’m always eager to engage with fellow innovators.

This episode covered the exciting development in the world of Web3. You can listen to it here .

Stay tuned for more episodes where we dive into the world of Web3. Thank you for your support and best of luck in building your startups and projects.

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