Going through a crypto winter is brutal; it's probably the lowest point I've experienced as a founder.

During the crypto winter, we witnessed Bitcoin drop below $6,000, leading to a loss of VC and institutional interest. We had to learn to be extremely efficient and scrappy with our limited incubation capital.

During the second crypto winter, we had to make hard choices, including letting go of team members, to ensure operational efficiency.

Building crypto companies is challenging, but using the downturns intelligently can help you emerge as a stronger company.

I know what it takes to survive the crazy boom and bust cycle of crypto.

As the crypto market began to cool, we received feedback that we were losing our product edge and failing to keep up with the evolving needs of users in the crypto space.

Running a company in the crypto space is particularly difficult because you're forced to evolve as the market cycles come and go.

No matter how much we grow, we must always obsess over our users and stay updated with their evolving needs, especially in the fast-changing crypto space.

The best advice for those in the crypto space is to take a long-term view, as crypto will continue to change the world in ways we can't yet imagine.