The rise of cryptocurrency has sparked a new way of life. The idea of cryptocurrency, decentralized systems, and open-source code has the potential to change our lives for the better: by increasing privacy, security, decentralization, and abundance while reducing corruption and dependency on big corporations. From all indications, this privacy-focused technology is the future for not only currency but everyday living and government structures. As a business owner and crypto enthusiast, Tyler William, aka @virgilxyz, believes this change will transform the entire business landscape, and he’s ready to be at the forefront of that shift. Tyler is currently working on a new venture in this space called Edgerunners, a startup and investment DAO that will invest in and build its own products and brands.
In an industry flooded with countless false promises, scams, and shady operators, Tyler and his team have a track record that proves they can execute and provide value to their communities. Originally from New York, the California-based entrepreneur has founded multiple successful brands in the cannabis and blockchain industries. Tyler is the founder of Secret Nature, one of the largest CBD brands in the USA today. He is also a member of the Cyber Pharmacy NFT project, a successful venture in the crypto space. In fact, that’s where the idea of Edgerunners came from.
For many startups in the crypto and NFT space, funding is one of the greatest pains. Tyler knew that from personal experience, and, together with his team, he was always looking for a way to decentralize the funding process. Doing that would allow them to pursue their ideas and the businesses they want to build painlessly. After a lot of brainstorming, Tyler and the team concluded the solution was doing so through a small and elite NFT community. Not only would that fast-track the funding process, but it would also be a great way to involve the community members in taking part in the upside of the products and services the team built.
“It started out as an exploration of doing a traditional IDO for our Cyber Pharmacy project and a way to fund our roadmap 2.0 and token offering,” the team explains. “We then realized there was a better way to fund, market, and promote our Cyber Pharmacy project, by utilizing the excitement and rapid community building that accompanies a well-planned NFT project/launch with a focus on social-art aka profile pictures.” That’s how Edgerunners was born. Tyler further explains that this project represents a community, a brand, and businesses, but most importantly, an idea that builds upon the foundation set by the great Satoshi Nakamoto and other crypto OGs.
The mission is to empower community members to come together and explore, have fun, create, take risks, solve problems, make money, and be free to enjoy the fruits of their labors. As the mission statement declares, it’s about chilling and scheming with a like-minded group of investors committed to change and growth. “Use community, technology, products, services, and network effects to provide excitement and value,” the statement reads.
Tyler and the other Edgerunners hope to grow this small VC fund into an enormous project that will fund and build its own ideas in-house rather than investing in other companies and projects. They hope to pair that with a small and exclusive NFT community, which will help them form a strong group of supporters aligned with the DAO’s mission statement and succeed long-term.
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