Nischal Shetty is the Founder at WazirX, the largest Crypto Exchange in India with more than 15M users. He is also the Founder at Shardeum, a layer 1 blockchain with infinite scalability, true decentralization and top notch security.

Before starting his web3 journey, Nischal founded and scaled Crowdfire, a social media tool with more than 20M customers - while still working a full time engineering job!

In this conversation we talk about:

- Building and scaling CrowdFire to 20M users
- Nischal's 'ETC Strategy' to acquire millions of users
- Building and scaling WazirX to 15M users
- Nischal will onboard 100M users into Web3 with Shardeum
- Does the World really Need Another Layer 1?
- Decentralized Social Networks
- Decentralized Gaming
- Decentralized Notifications

And much more!
__________________________________

SPONSORS:

💰 Earn up to €100 and be eligible for multiple airdrops by Registering to Swissborg via the following link:

https://join.swissborg.com/en/r/kevin...

🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.

-♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com

-👾 Byzant is a Web3 social network ecosystem for creatives. Get ready to create, connect, and collaborate using Byzant's user-friendly tools and decentralized applications.
https://www.byzant.xyz/

__________________________________

FOLLOW NISCHAL SHETTY & WAZIRX & SHARDEUM

• Twitter:   / nischalshetty  
• LinkedIn:   / nischalshetty  
• Twitter:   / wazirxindia  
• Twitter:   / shardeum  
__________________________________

JOIN THE WHEN SHIFT HAPPENS CLUB

• Instagram:   / kevinffollonier  
• Spotify: https://open.spotify.com/show/7JqCB5t...
• Apple podcast: https://podcasts.apple.com/gb/podcast...
• Twitter:   / yieldlabs  
• Telegram: https://t.me/joinchat/WmwpRFGjRIIyZTdk
• LinkedIn: https://sg.linkedin.com/in/kevinfollo...
• TikTok: https://www.tiktok.com/@kevinfollonie...
__________________________________

Chapters:

0:00 Meet Nischal Shetty
02:23 Empowering Your Teams to Create Leaders
08:07 Founder's Role
09:50 India and Start Up Opportunities
15:37 Why Indians Should take more Risk
19:30 Traditional Career Path Vs. Entrepreneurship
25:25 Nischal's take on University Degrees
32:13 Starting Crowdfire while working a full time job
38:45 Luck and Success
39:34 Starting a Company from the right Motivations
42:20 Scaling a Company to 20 Million Users
45:20 Persistence and Self-Awareness
47:59 The 'ETC Strategy' to acquire Millions of users
51:25 Inventing 'Yearly and Monthly Payments Plans' in 2010
54:09 Running Multiple Businesses at once
59:51 Taking the Crypto Leap as a Builder
01:02:27 Building WazirX: the Largest Crypto Exchange in India
01:10:00 WazirX's tipping point to 15M Users
01:14:03 Bringing 100M people to Web3
01:15:28 The Birth of Shardeum
01:19:38 Shardeum, The Auto-Scaling Blockchain
01:22:55 Does the World Need Another Layer 1?
01:27:40 For Profit Vs. Non For Profit Organizations
01:38:25 Decentralized Social Networks
01:41:58 Decentralized Gaming
01:45:01 Decentralized Notifications
01:48:30 Web3 is a Technological Revolution
01:51:48 Bringing More Freedom to Peoplet