E139: Plasma Founder: The Truth About Raising $1 Billion in Crypto
Paul Faecks, Founder of Plasma, just pulled off one of the most explosive launches in crypto history - raising $1 billion in just 90 seconds without a single private deal or pre-commitment.In this raw and honest conversation, Paul takes us inside the most stressful moment of his entrepreneurial journey: the terrifying 90 seconds that changed everything.PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/🦡 MoneyBadgers is the lifestyle brand by Paradex, built to celebrate the relentless hustle of being in the trenches. Its Genesis NFT collection drops in Q4. Spots are limited—get yours now 👉 https://app.paradex.trade/wl/resilientrogueqv💳 KAST is a global financial platform that enables users to manage and spend stablecoins and cryptocurrencies using a Visa Card or Apple Pay. Available in over 100 countries: https://kastfinance.app.link/SHIFT🔓 Trezor is the safest cold storage wallets for crypto security and financial independence.Buy your Trezor Wallet (use PROMO Code from the video for a 10% discount): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356🌱 Bitwise Asset Management is the crypto specialist asset manager with more than $10 billion client assets and more than 30 crypto solutions across ETFs, index funds, alpha strategies, staking, and more.https://bitwiseinvestments.com/💧Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible.https://sui.io/🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration.https://www.mantle.xyz★ Forza! is Coinsilium's Gibraltar-based Bitcoin treasury company. Coinsilium’s shares are traded on the Aquis Stock Exchange (AQUIS:COIN) and on the OTCQB in the US (OTCQB:CINGF). Find out more at https://www.coinsilium.com/💳 Ur is a crypto-first neobank by Mantle, built to seamlessly connect traditional finance with Web3. Designed for the next generation of digital asset users, Ur combines secure banking services with native crypto features — making it easier, faster, and safer to spend, save, and manage both fiat and digital assets. https://ur.app/FOLLOW PAUL FAECKS • Twitter: https://x.com/pauliepunt• Twitter: https://x.com/PlasmaFdn• Website: https://www.plasma.to/FOLLOW KEVIN & WHEN SHIFT HAPPENS👇Twitter (X): https://x.com/KevinWSHPod Instagram: https://www.instagram.com/kevinwshpod/ Linkedin: https://www.linkedin.com/in/kevinfollonier/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.#Entrepreneurship #Crypto #news 0:00 Introduction1:35 Please Subscribe2:00 Billion Dollar Deposit Thoughts5:40 Explain What You Do7:21 Who Are You7:41 Poker Uses Today8:54 Why You Didn’t Follow Friends10:05 Our Valued Sponsors11:01 How Your Business Started15:55 Escaping The “Nightmare”18:35 Why Focus On Stable Coin19:13 Evolution Of Stable Coins28:00 Our Trusted Partners28:49 Solve Centralized Problem, How35:50 Trillion Dollar Opportunity36:42 Endgame For Plasma37:04 Plasma vs Tron38:39 Plan To Capture Marketshare41:13 Plasma The Tether Chain42:43 Why Tether Goes For Plasma43:23 Plasma’s Success Depends On47:52 Pressure From Investments49:17 1 Billion Investment Complaints51:20 What Isn’t An Actual User52:07 Next Steps52:40 Keep The Hype Up
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