Coinality: For Sale!
When I launched Coinality.com in September 2013, my goal was simply to connect with blockchain developers to discuss some apps that I wanted to develop. Back then, the ideas were simple - a wallet with a decent UI that could handle multiple cryptocurrencies.
However, it quickly became apparent that Coinality was filling a need in the community, as registered members and job/resume posts soared in the first month. I even got a 2.5 minute feature on Bloomberg's "Street Smart" TV show three months after launching!
So I stuck with it and decided to further develop Coinality using developer talent sourced exclusively via Coinality. I posted a job on Coinality.com to develop native iOS and Android apps - both projects came to fruition (at a great rate paid in BTC) and the developers were fantastic.
We partnered with the Plug And Play Tech Center to produce the World's First Bitcoin Job Fair in May 2014. Over 30 startups participated with over 400 people in attendance. Many success stories came out of the event, including a former Visa executive joining BitPay as Chief Compliance Officer. We subsequently held three other Bitcoin Job Fairs in NYC, Los Angeles, and Sunnyvale. The events were all successful, proving that Coinality was well-positioned in a growing industry.
We found Bitsapphire on Coinality and hired them to design and develop Coinality.io from scratch. A year and a half later we had a working prototype and over 200 pre-screened freelance blockchain developers ready to get to work. Unfortunately, we ran out of funds to support and maintain Coinality.io, and the platform is currently collecting dust in our Github repo. I learned some expensive but valuable lessons with Coinality.io.
I realized some time ago that I have done everything that I possibly can for Coinality. Time has come to move on.
Coinality.com currently enjoys an average of 250-300 unique visits per day, with visitors spending an average of 3 minutes onsite. The site has a 4.34% bounce rate, despite some much-needed optimizations. Coinality requires resources which I am no longer able to provide.
Accordingly, Coinality is for sale! Included in the sale are all assets and data related to:
- Coinality.com (includes: website, iOS app, and Android app)
- Coinality.io (includes full source code)
- Bitcoinjobfair.com (including Bitcoinjobsfair.com)
- Social media profiles (includes: Twitter, Facebook, LinkedIn group)
We are seeking acquirers that are interested in either further developing Coinality or integrating/absorbing Coinality into an existing related product or service. Cryptocurrency transaction preferred, but we are open to traditional payment methods. Additional data available upon request.
Interested? Contact: [email protected]
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