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    Home » How a ‘Stupid Idea’ Became a $3.3B Crypto GiantㅣKonstantin Richter, Blockdaemon

    How a ‘Stupid Idea’ Became a $3.3B Crypto GiantㅣKonstantin Richter, Blockdaemon

    webmasterBy webmasterMay 3, 2025 All Videos 2 Mins Read
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    "As a founder, there’s a kind of psychological fallacy where at some point you need to switch off your logical brain. This is because you’re clearly working on a problem that nobody else sees."

    Konstantin Richter is the Founder and CEO of Blockdaemon, a leading gateway connecting financial institutions to blockchains and Web3. Witnessing the fall of the Berlin Wall instilled in him the belief that incorruptible, transparent systems are essential for establishing truth in society. After navigating through two crypto winters, Blockdaemon now manages approximately 10% of global institutional node volume, with 70% of the top 500 companies active in cryptocurrency using Blockdaemon’s infrastructure services.

    How do you build conviction when everyone thinks you’re wrong? What mindset can a founder maintain when their entire industry faces existential threats?Discover Konstantin’s journey in this video!

    00:00 Intro
    01:31 What is node?
    02:20 From Cold War Walls to Crypto Belief
    04:18 Keep Believeing, Even When No One Else Does
    06:18 The Mindset That Survived Two Crypto Winters
    09:41 Survival Belongs to the Trusted
    11:17 Is This the Golden Era of Crypto?

    #blockchain #crypto #founder

    EO stands for Entrepreneurship & Opportunities. As we’re looking to feature more inspiring stories of entrepreneurs all over the world, don’t hesitate to contact us at partner@eoeoeo.net

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    Subtitles for this video were created using [XL8.ai](http://xl8.ai/) machine translation.

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