🃏 Interview With Shaco

Interviewee AltcoinVenom

Last updated 1 year ago

🃏 Interview With Shaco

Interviewee AltcoinVenom

Can you share a bit about your background and how you first got involved in the blockchain industry? I started my own agency about five years ago, and it grew to over 60 employees. We built multimillion-dollar projects, applications, businesses, and brands in Europe and the Middle East.
About a year ago, I noticed a gap in the crypto space: legitimacy. I saw how 99% of the projects were run by scammers, liars, and manipulators, all looking to rip people off. So, I decided to try building legitimate projects, offering people a chance to trade and hold coins they can feel safe with, knowing that the team behind this token and project is working hard to improve and make progress.
I was scammed, ripped off, and mocked by many because I tried to be legitimate. Numerous people advised me to abandon the projects and constantly roll out new ones, diving into scams, but I refused. Instead, I chose the more challenging path: building projects from scratch and genuinely striving to make them work and reach top-tier levels.
When did the concept for your initial project, HILO, first come to you? I observed the state of the shitcoin market and the general low-cap market, with many tokens to buy and new ones appearing every day. It was difficult to know which would go up or down, which to hold, and many had taxes, swaps, and multiple chains. So, I thought, why not unify all these and create one platform? A platform that offers simple and straightforward predictions for users. This is how I came up with the concept. Although there's still a lot of work to be done, even though V3 achieved a lot, V4 is shaping up to be a top-tier app.
What inspired you to become a CEO of multiple crypto projects, namely Dinero, Hilo, Pear, and JackBot? All the projects you mentioned share a common feature: the team does not have major and massive control over the supply, unlike 99% of other projects. Many projects either retain a huge amount of supply, like 50% or more, or they snipe at launch and use that to manipulate the price and profit. With these projects, the tokens held by the teams are solely used for utility or collaborations, nothing more. Barely 1% is held by the teams, which is bought back at normal market prices and not airdropped. The other percentages are clearly stated and explained to the holders.
These projects all have a fun, gamified vision that actually requires the token they have, adding fun and competition to the crypto space:
- HILO addresses trading and volatile market issues, allowing novice users to predict safely.
- PEAR tackles the issue of low slippage and high-taxed tokens, eliminating scam OTC deals from this space.
- JACKBOT adds utility to new projects or meme tokens, gamifying Telegram chats and groups in a fun, provably fair way.
- DINERO makes gambling less stressful and depressing, focusing on a more community-oriented, fun, gamified, and of course, fully provably fair experience.
All these projects are built from scratch – no white labeling, forking, or stealing codes and rebranding. They are all original and legitimate, sadly unlike 99% of other projects out there that rely on white labels and forks.
Can you highlight a specific moment or realization that solidified your commitment to making a significant impact in the crypto space? The trust and the positive messages I received at the beginning, when people felt safe and happy about finally investing in a legitimate project, are what motivated me to keep going and never disappoint anyone in the long run. Everyone around me knows how much I care about the holders and anyone who buys the tokens, whether it's $1 or hundreds of dollars. I do care deeply, and yes, I've lost many nights of sleep and experienced a lot of stress, and I still do. It might sound cliché, but for me, it's not about the money. Many influencers, well-known individuals, and friends are aware that my motivation isn't financial. I was financially stable before starting these projects and didn't have a monetary motive behind initiating them.
Could you pinpoint the pivotal moment of inspiration for Pear, Dinero, and JackBot, tracing back to where it all began? Every legitimate project takes time to start trending, build hype, and eventually reflect that growth in the charts. We never resorted to market making in the long run to artificially pump prices or to "print" an attractive candlestick chart. We have always kept it organic and real. As the projects grew and became self-sufficient, our vision expanded, and development progressed further. This growth led to more team members, more collaborations, more plans, and more ideas.
Each of your projects, Dinero, Hilo, Pear, and JackBot, seems to serve different purposes. How do these projects correlate in terms of your overall vision for the crypto industry? Legitimacy, trust, and delivering real products that people will use – these are the common elements among all our projects. We don't create products just to generate hype and pump the price, nor do we deliver simply to silence the FUD. We deliver so that people can use and benefit from what we offer. We understand that with a product that is both desired and in demand, its value will naturally be recognized and reflected positively in its price.
Are there any common values or principles that tie these projects together, despite their unique objectives? Might've answered this before, but the key lies in staying real and true, and in delivering genuine products. It's not just about hyping up the community; it's about maintaining real and clean ethics.
What sets your approach to the market apart from your competitors? Where do you genuinely see a fundamental difference in your approach? One crucial aspect that differentiates us from both new and established competitors is hard work. I often say to my team and supporters, "This is a marathon, not a sprint." It's about how far we can go sustainably, not how fast. Many competitors focus solely on speed because they are motivated by money, FOMO , and hype. Over time, we have outperformed 99% of the tokens and the market, as history demonstrated last year. I am confident that next year, 99% of the current projects won't be able to match our standards and commitment to our products. So, indeed, hard work and staying true and legitimate are what set us apart and make us better than the rest.
To what extent are you willing and actively engaged in collaborations with other projects or CEOs? Is there a healthy collaboration, or are you figuratively sawing at each other's legs to strengthen your own position? Or is there perhaps little to no communication at all? To be honest, I am always skeptical about collaborating with other token and crypto projects. Why? Because simply put, you might wake up one day to find that the developer or CEO has disappeared. And yes, I've seen this probably hundreds of times in 2022-2023. Even people you might consider friends can disappear overnight. Why? Because they become greedy and resort to scams, it's as simple as that.
So, for now, our focus is on building a strong community and good products, laying a solid foundation for the future.
Running multiple crypto companies is undoubtedly challenging. What do you believe are the key factors that contribute to the success of these projects? My hard work and how much I care about people are central to what I do. I care deeply about the holders and supporters. If someone tweets about any of the projects, I remember them forever. For instance, Chris Romano tweeted about HILO when it was really down and had little support. I wished him the best, knowing he would become one of the best, and indeed, he did.
I appreciate every tweet, user, holder, promotion, support, moderation, and anyone who has supported me and the projects. Their contributions are remembered and valued forever.
With that said, working on multiple projects with various team members across different sectors has become my duty, and not something that feels like work to me.
Yes, it's stressful and extremely hard, but at the same time, I always find myself willingly doing it over and over again.
Can you share a specific strategy or approach that you believe has been crucial in achieving success across all these ventures My approach is simply to 'just do it.' To reach top-tier levels, I do whatever I can. In the early days, I wasn't eating well or even showering regularly; I was completely focused on my work, not caring about anything else. Of course, now things are more balanced between my life and the projects. But still, I wake up every day and just do it. I'm committed to making things happen, no matter what it takes.
In the dynamic and sometimes volatile world of crypto, what challenges have you faced, and how have they shaped your approach to leadership? Reflecting on the past, I often look back at the messages I received, the scams I fell for, my pleas for support and help, the efforts spent in networking, and being scammed by those who seemed legitimate. I've also experienced greed and mistreatment from team members and others whose lives I've changed, only to be let down as they turned against me, driven by their own greed. I've faced people celebrating my failures and losses, encountering all sorts of difficult human behaviors. How has this shaped me? It's taught me to keep going, but to proceed with caution. I continue to give people chances, but with a more careful approach. I still offer help to those in need, but I'm more vigilant. Of course, I'm now better at avoiding scams and not as easily betrayed. But this is all part of the journey in this space. To be legitimate in this environment, you have to endure all the hardships, greed, and challenging behavior that comes your way. It's a test of resilience and commitment to maintaining integrity amidst adversity.
Can you share a notable lesson or learning experience from your journey as a CEO in the blockchain industry? When I was younger, I always listened to Charles Bukowski. One thing that resonated with me is when he said, "If you're going to try, go all the way. Otherwise, don't even start." This could mean losing girlfriends, wives, relatives, and maybe even your mind. It could involve not eating for three or four days, freezing on a park bench, facing jail, derision, mockery, and isolation. Isolation is the gift. All the others are tests of your endurance, of how much you really want to do it. And you'll do it, despite rejection and the worst odds. It will be better than anything else you can imagine. If you're going to try, go all the way. There is no other feeling like that. You will be alone with the gods, and the nights will flame with fire. You will ride life straight to perfect laughter. It's the only good fight there is.
That is, technically, my message to whoever wants to try...
Innovation is key in the blockchain space. How do you foster a culture of innovation within your companies, and how do you stay ahead of the curve in such a rapidly evolving industry? I keep my team briefed and updated, constantly scanning social media, charts, tokens, trends, and studying everything. We technically keep an eye on everything, collecting information and brainstorming daily. We never stop; if we create V1, we move on to V2, and after V2, we aim for V3. These updates never end, and that's how we stay ahead and will technically never fall behind.
Community support is crucial in the success of crypto projects. How do you engage with and prioritize your community, and how has their feedback influenced the development of your projects? We always appreciate feedback from the community and users. We never view negative feedback and criticisms as a bad thing. This approach has helped us reach the levels we are at, and we will continue to do so until we reach top-tier levels and beyond.
Are there any community-driven initiatives or feedback loops that you believe have been particularly impactful for your projects? Testing our products, sharing ideas, and brainstorming as a community has always been beneficial, especially with the help of supporters and influencers. We collect all the feedback and continually improve our products accordingly.
How do you manage the balance between investor expectations and your strategic plan amid market price fluctuations? The potential decline in investors' stakes during such fluctuations poses challenges. How do you address these challenges and maintain your focus, especially when investors may have reduced funds at their disposal? As I've mentioned before, I always say, "It's a marathon, not a sprint." Volatility is inevitable; it happens even to the oldest stocks and currencies in the world, and you can never prevent it. What you can control is hard work, legitimacy, and staying true to your values. We continuously provide updates and feedback, and we demonstrate our commitment by consistently delivering, time and again.
Looking ahead, what kind of legacy do you hope to leave in the blockchain industry, and what exciting developments can we expect from Dinero, Hilo, Pear, and JackBot in the future? I aim to be among those who have tried and succeeded in building legitimate projects during the challenging and often dark times of crypto, a period still riddled with scams, malicious individuals, hate, and greed.
My goal is for my projects to continue growing non-stop, reaching top-tier levels. I extend my best wishes to all the good developers in this space and hope for their success as well. Hopefully, one day soon, the good developers will outnumber the bad in this arena.
Thank you for the insightful questions. It was nice and enjoyable to answer them. Keep doing what you're doing.

Last updated 1 year ago

Can you share a bit about your background and how you first got involved in the blockchain industry? I started my own agency about five years ago, and it grew to over 60 employees. We built multimillion-dollar projects, applications, businesses, and brands in Europe and the Middle East.
About a year ago, I noticed a gap in the crypto space: legitimacy. I saw how 99% of the projects were run by scammers, liars, and manipulators, all looking to rip people off. So, I decided to try building legitimate projects, offering people a chance to trade and hold coins they can feel safe with, knowing that the team behind this token and project is working hard to improve and make progress.
I was scammed, ripped off, and mocked by many because I tried to be legitimate. Numerous people advised me to abandon the projects and constantly roll out new ones, diving into scams, but I refused. Instead, I chose the more challenging path: building projects from scratch and genuinely striving to make them work and reach top-tier levels.
When did the concept for your initial project, HILO, first come to you? I observed the state of the shitcoin market and the general low-cap market, with many tokens to buy and new ones appearing every day. It was difficult to know which would go up or down, which to hold, and many had taxes, swaps, and multiple chains. So, I thought, why not unify all these and create one platform? A platform that offers simple and straightforward predictions for users. This is how I came up with the concept. Although there's still a lot of work to be done, even though V3 achieved a lot, V4 is shaping up to be a top-tier app.
What inspired you to become a CEO of multiple crypto projects, namely Dinero, Hilo, Pear, and JackBot? All the projects you mentioned share a common feature: the team does not have major and massive control over the supply, unlike 99% of other projects. Many projects either retain a huge amount of supply, like 50% or more, or they snipe at launch and use that to manipulate the price and profit. With these projects, the tokens held by the teams are solely used for utility or collaborations, nothing more. Barely 1% is held by the teams, which is bought back at normal market prices and not airdropped. The other percentages are clearly stated and explained to the holders.
These projects all have a fun, gamified vision that actually requires the token they have, adding fun and competition to the crypto space:
- HILO addresses trading and volatile market issues, allowing novice users to predict safely.
- PEAR tackles the issue of low slippage and high-taxed tokens, eliminating scam OTC deals from this space.
- JACKBOT adds utility to new projects or meme tokens, gamifying Telegram chats and groups in a fun, provably fair way.
- DINERO makes gambling less stressful and depressing, focusing on a more community-oriented, fun, gamified, and of course, fully provably fair experience.
All these projects are built from scratch – no white labeling, forking, or stealing codes and rebranding. They are all original and legitimate, sadly unlike 99% of other projects out there that rely on white labels and forks.
Can you highlight a specific moment or realization that solidified your commitment to making a significant impact in the crypto space? The trust and the positive messages I received at the beginning, when people felt safe and happy about finally investing in a legitimate project, are what motivated me to keep going and never disappoint anyone in the long run. Everyone around me knows how much I care about the holders and anyone who buys the tokens, whether it's $1 or hundreds of dollars. I do care deeply, and yes, I've lost many nights of sleep and experienced a lot of stress, and I still do. It might sound cliché, but for me, it's not about the money. Many influencers, well-known individuals, and friends are aware that my motivation isn't financial. I was financially stable before starting these projects and didn't have a monetary motive behind initiating them.
Could you pinpoint the pivotal moment of inspiration for Pear, Dinero, and JackBot, tracing back to where it all began? Every legitimate project takes time to start trending, build hype, and eventually reflect that growth in the charts. We never resorted to market making in the long run to artificially pump prices or to "print" an attractive candlestick chart. We have always kept it organic and real. As the projects grew and became self-sufficient, our vision expanded, and development progressed further. This growth led to more team members, more collaborations, more plans, and more ideas.
Each of your projects, Dinero, Hilo, Pear, and JackBot, seems to serve different purposes. How do these projects correlate in terms of your overall vision for the crypto industry? Legitimacy, trust, and delivering real products that people will use – these are the common elements among all our projects. We don't create products just to generate hype and pump the price, nor do we deliver simply to silence the FUD. We deliver so that people can use and benefit from what we offer. We understand that with a product that is both desired and in demand, its value will naturally be recognized and reflected positively in its price.
Are there any common values or principles that tie these projects together, despite their unique objectives? Might've answered this before, but the key lies in staying real and true, and in delivering genuine products. It's not just about hyping up the community; it's about maintaining real and clean ethics.
What sets your approach to the market apart from your competitors? Where do you genuinely see a fundamental difference in your approach? One crucial aspect that differentiates us from both new and established competitors is hard work. I often say to my team and supporters, "This is a marathon, not a sprint." It's about how far we can go sustainably, not how fast. Many competitors focus solely on speed because they are motivated by money, FOMO , and hype. Over time, we have outperformed 99% of the tokens and the market, as history demonstrated last year. I am confident that next year, 99% of the current projects won't be able to match our standards and commitment to our products. So, indeed, hard work and staying true and legitimate are what set us apart and make us better than the rest.
To what extent are you willing and actively engaged in collaborations with other projects or CEOs? Is there a healthy collaboration, or are you figuratively sawing at each other's legs to strengthen your own position? Or is there perhaps little to no communication at all? To be honest, I am always skeptical about collaborating with other token and crypto projects. Why? Because simply put, you might wake up one day to find that the developer or CEO has disappeared. And yes, I've seen this probably hundreds of times in 2022-2023. Even people you might consider friends can disappear overnight. Why? Because they become greedy and resort to scams, it's as simple as that.
So, for now, our focus is on building a strong community and good products, laying a solid foundation for the future.
Running multiple crypto companies is undoubtedly challenging. What do you believe are the key factors that contribute to the success of these projects? My hard work and how much I care about people are central to what I do. I care deeply about the holders and supporters. If someone tweets about any of the projects, I remember them forever. For instance, Chris Romano tweeted about HILO when it was really down and had little support. I wished him the best, knowing he would become one of the best, and indeed, he did.
I appreciate every tweet, user, holder, promotion, support, moderation, and anyone who has supported me and the projects. Their contributions are remembered and valued forever.
With that said, working on multiple projects with various team members across different sectors has become my duty, and not something that feels like work to me.
Yes, it's stressful and extremely hard, but at the same time, I always find myself willingly doing it over and over again.
Can you share a specific strategy or approach that you believe has been crucial in achieving success across all these ventures My approach is simply to 'just do it.' To reach top-tier levels, I do whatever I can. In the early days, I wasn't eating well or even showering regularly; I was completely focused on my work, not caring about anything else. Of course, now things are more balanced between my life and the projects. But still, I wake up every day and just do it. I'm committed to making things happen, no matter what it takes.
In the dynamic and sometimes volatile world of crypto, what challenges have you faced, and how have they shaped your approach to leadership? Reflecting on the past, I often look back at the messages I received, the scams I fell for, my pleas for support and help, the efforts spent in networking, and being scammed by those who seemed legitimate. I've also experienced greed and mistreatment from team members and others whose lives I've changed, only to be let down as they turned against me, driven by their own greed. I've faced people celebrating my failures and losses, encountering all sorts of difficult human behaviors. How has this shaped me? It's taught me to keep going, but to proceed with caution. I continue to give people chances, but with a more careful approach. I still offer help to those in need, but I'm more vigilant. Of course, I'm now better at avoiding scams and not as easily betrayed. But this is all part of the journey in this space. To be legitimate in this environment, you have to endure all the hardships, greed, and challenging behavior that comes your way. It's a test of resilience and commitment to maintaining integrity amidst adversity.
Can you share a notable lesson or learning experience from your journey as a CEO in the blockchain industry? When I was younger, I always listened to Charles Bukowski. One thing that resonated with me is when he said, "If you're going to try, go all the way. Otherwise, don't even start." This could mean losing girlfriends, wives, relatives, and maybe even your mind. It could involve not eating for three or four days, freezing on a park bench, facing jail, derision, mockery, and isolation. Isolation is the gift. All the others are tests of your endurance, of how much you really want to do it. And you'll do it, despite rejection and the worst odds. It will be better than anything else you can imagine. If you're going to try, go all the way. There is no other feeling like that. You will be alone with the gods, and the nights will flame with fire. You will ride life straight to perfect laughter. It's the only good fight there is.
That is, technically, my message to whoever wants to try...
Innovation is key in the blockchain space. How do you foster a culture of innovation within your companies, and how do you stay ahead of the curve in such a rapidly evolving industry? I keep my team briefed and updated, constantly scanning social media, charts, tokens, trends, and studying everything. We technically keep an eye on everything, collecting information and brainstorming daily. We never stop; if we create V1, we move on to V2, and after V2, we aim for V3. These updates never end, and that's how we stay ahead and will technically never fall behind.
Community support is crucial in the success of crypto projects. How do you engage with and prioritize your community, and how has their feedback influenced the development of your projects? We always appreciate feedback from the community and users. We never view negative feedback and criticisms as a bad thing. This approach has helped us reach the levels we are at, and we will continue to do so until we reach top-tier levels and beyond.
Are there any community-driven initiatives or feedback loops that you believe have been particularly impactful for your projects? Testing our products, sharing ideas, and brainstorming as a community has always been beneficial, especially with the help of supporters and influencers. We collect all the feedback and continually improve our products accordingly.
How do you manage the balance between investor expectations and your strategic plan amid market price fluctuations? The potential decline in investors' stakes during such fluctuations poses challenges. How do you address these challenges and maintain your focus, especially when investors may have reduced funds at their disposal? As I've mentioned before, I always say, "It's a marathon, not a sprint." Volatility is inevitable; it happens even to the oldest stocks and currencies in the world, and you can never prevent it. What you can control is hard work, legitimacy, and staying true to your values. We continuously provide updates and feedback, and we demonstrate our commitment by consistently delivering, time and again.
Looking ahead, what kind of legacy do you hope to leave in the blockchain industry, and what exciting developments can we expect from Dinero, Hilo, Pear, and JackBot in the future? I aim to be among those who have tried and succeeded in building legitimate projects during the challenging and often dark times of crypto, a period still riddled with scams, malicious individuals, hate, and greed.
My goal is for my projects to continue growing non-stop, reaching top-tier levels. I extend my best wishes to all the good developers in this space and hope for their success as well. Hopefully, one day soon, the good developers will outnumber the bad in this arena.
Thank you for the insightful questions. It was nice and enjoyable to answer them. Keep doing what you're doing.