BROADCASTS.com

Ransu Salovaara. He\u2019s the CEO of TokenMarket, the leading token sale advisory and information hub based on Gibraltar. He\u2019s also an advisor for numerous blockchain startups.

Famous Five:

• Favorite Book? \u2013 Digital Gold
• What CEO do you follow? \u2013 Travis Kalanick
• Favorite online tool? \u2014 Coinbase
• How many hours of sleep do you get?\u2014 8
• If you could let your 20-year old self, know one thing, what would it be? \u2013 Don\u2019t be so arrogant, don\u2019t think that you know it all. Listen more, talk less

\xa0

Time Stamped Show Notes:

• 01:28 \u2013 Nathan introduces Ransu to the show
• 02:00 \u2013 In February 2014, Ransu\u2019s friend called him and asked if he knew about bitcoin
  • 02:14 \u2013 His friend told him to get into bitcoin
• 02:50 \u2013 Ransu is like the Bloomberg of crypto stuff
• 03:07 \u2013 Ransu gets money from the commission of their services to raise money for startups
• 03:15 \u2013 Ransu is involved in Firstblood
  • 03:55 \u2013 Ransu shares what he knows about Joe Zhou of Firstblood
• 04:21 \u2013 Christoph of DAO was in Episode 781 of The Top
• 04:55 \u2013 TokenMarket didn\u2019t exist yet during the DAO
• 05:15 \u2013 Ransu is getting 7% of their deal with the startup
• 05:52 \u2013 Ransu shares how they advise startups who are looking into raising money
  • 06:28 \u2013 Ransu believes that startups focus more on building their company
• 06:46 \u2013 TokenMarket markets ICOs by going into different community platforms
  • 06:52 \u2013 BitcoinTalk, Twitter, Facebook and Telegram are some of the community platforms
• 07:33 \u2013 There are 5000 investors in the ICO field
• 08:40 \u2013 Ransu shares why startups won\u2019t just use ether
• 09:38 \u2013 Civic is one of the ICOs that TokenMarket just recently advised
  • 09:57 \u2013 Civic has a KYC system
  • 10:24 \u2013 Civic has raised $33M
• 11:07 \u2013 TokenMarket has advised Edgeless, which is their TokenMarket\u2019s first ICO
  • 11:23 \u2013 Edgeless raised $3M
• 13:25 \u2013 For the first time, Ransu feels that the USA is falling behind in the crypto world
• 13:58 \u2013 Ransu\u2019s rule of thumb for startups
• 14:50 \u2013 Nathan shares why he thinks ICOs are a scam, and how they actually are not scams
• 17:00 \u2013 The hype of crypto explained
• 17:20 \u2013 Ransu believes that crypto is the beginning of the new digital assets era
• 18:48 \u2013 Every month, the market gets better
• 19:15 \u2013 Nathan shares what he thinks about Uber\u2019s surge pricing and its relativity with ICOs and the crypto world
  • 20:08 \u2013 Modern day businesses and startups are the best concepts to go launch ICOs or token issuance
  • 21:38 \u2013 There are ICOs with the same concept as Uber and Airbnb, but are still not at par with the two
• 22:40 \u2013 Ransu often receives different pitches and some have concepts that are difficult to execute
  • 23:00 \u2013 An ICO fail because of the team, the market, the demand, their failure to deliver and lack of tokens
• 24:45 \u2013 Transitioning from a regular startup to an ICO is difficult
• 27:20 \u2013 The Famous Five

\xa0

3 Key Points:

1. Companies looking into their ICO should focus on building their business and strengthening its foundation and service first and foremost.
2. Not all concepts work for an ICO.
3. Cryptocurrency is the beginning of the new digital asset era.

\xa0

Resources Mentioned:

• Simplero \u2013 The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost.
• The Top Inbox \u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
• GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
• Klipfolio \u2013 Track your business performance across all departments for FREE
• Hotjar \u2013 Nathan uses Hotjar to track what you\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
• Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
• Host Gator\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
• Audible\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
• Show Notes provided by Mallard Creatives