"We're building for people who've never touched crypto and never want to," says Marvin Mujko, co-founder of Sempo, in an interview.
"That means the infrastructure has to be invisible. Miden lets us keep everything – balances, transaction histories, payment flows – completely private while still running on programmable blockchain rails. That's what makes the product possible."
https://t.co/8lGPkWSdwd
. @Sempoxyz is building borderless finance for the MENA region.
Remittance fees in Egypt can average up to 12%. Sempo brings that to less than 1%.
As a Guardian operator on Miden, Sempo abstracts all the private infrastructure complexity, so users just move money, privately, on onchain rails they never have to see.
Have had a lot of people ask me what it’s been like having a16z crypto on the cap table this past year.
One thing I can definitively say is their GTM team is beyond elite. Genuinely second to none when it comes to support.
Every person I’ve worked with there has been phenomenally helpful and just genuinely kind as well.
cc @meigga@lordvolth@sungmo_apac16z@cc_crowley
@ngjupeng Focusing on UX or privacy as standalone "selling points" is a common trap since anyone can build same thing.
You are the hook as a founder, Neither UX/Privacy is they are just features.
Bullish on JUPENG