Quild #32: Bitski

Powering the commerce layer of the metaverse

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

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Bitski is a developer-focused blockchain wallet infrastructure provider that allows creators, brands, and platforms to easily create, sell, and purchase NFTs. The company connects communities, creators, and brands through ownable digital content. Bitski aims to allow mainstream brands and celebrities to bypass the crypto complexity of early marketplaces.

Founders: Donnie (CEO), Julian, Steven (Board)

Signals:

1. Repeat founders

   • Donnie and Julian founded WillCall (funded by Slow Ventures), which TicketFly acquired

   • Steven founded Schematic Labs (funded by Accel, Softbank, True Ventures), which Rhapsody acquired

2. Top university alumni

   • Julian graduated from University of Washington (Bachelors)

   • Steven graduated from UC Berkeley (Bachelors) and University of South California (MBA)

3. Fast team growth

   • Grew 4.8x YoY to 38 employees

   • And hiring a lot more

4. Midas list investors

   • a16z led series A

   • Founders Fund participated in seed

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Till tomorrow, Kenn