Interview with CEO of Octopus Crypto Capital

Octopus Crypto Capital
4 min readFeb 27, 2021

Today we are going to ask a question to the CEO of our project. We will give our readers the most actual information about OCC firsthand.

Question: Hi, can you tell us a little bit about yourself?

Answer: My name is Taras, but many people know me under a pseudonym Finansist. I come from classic markets. Worked as an analyst, asset manager, development director, CEO in different brokerage companies, asset management companies. My total experience in the “real world” is over 15 years.

Question: You do have an impressive experience in finance, but how long ago did you learn about cryptocurrency? How did you come or what brought you into this industry?

Answer: I first heard about Bitcoin in 2013, I think. I was monitoring, following the first cryptocurrency. I remember my insane joy when I bought 10 BTC at $30 and sold it a couple of weeks later at $60. I really want to undo that sale!
Then, in 2014–2015 I even had my own small mining farm — 10 ASICs, but earning 3 BTC per month wasn’t really generating any profit. In 2016 I even tried to start a fundraiser to build a full-fledged, large-scale farm. For several months I negotiated with manufacturers from Israel and China, data centers in Iceland (at that time it was very popular to put ASICs there). However, at that time everything was changing and developing so dynamically that I had to recalculate the project model every day. In the end I decided not to start, because without prepayment equipment suppliers pushed us further and further back in line, and the data centers quickly bought out all the racks.
In 2019, I launched my own cryptocurrency fund. Raised funds from acquaintances and friends. It started with a $50 investment. On December 31, 2020, that fund closed. The amount of assets was over $40,000 . Total return on investment was over 400%. The reason for closing was the understanding that we need to develop and move to another level. Well, on January 1, 2021 there was Octopus Crypto Capital.

Question: Can you tell us more about how you came to the creation of Octopus Crypto Capital?

Answer: As I said before — in 2020 I was busy developing my fund. But by the summer it was clear that the potential of new ideas requires something more ambitious. We needed good automation, work with clients and asset management itself required more and more attention. Discussing the idea with my acquaintances (both from the crypto market and outside of it), the idea gradually grew in details, transformed, and was already fully formed by October. Octopus is a platform for decentralized asset management.

Question: How is the work on the project going now? What is your role in the team at the moment?

Answer: It’s not just going , the work is in full swing! We are bubbling along, generating ideas and the speed of light is not the limit. The work is boiling 24 hours a day. There are already 12 partners in the team (I have no right to call them employees). Our project is completely decentralized. This also applies to the team. The company employs guys from 6 different countries from all over the globe.
Like any startup creator — at the initial stage I closed all the questions. Twenty-four hours of communication, clarifying details. Gradually, as the team grew, some of the tasks were delegated. At the moment I am gradually shifting my focus to the development and work with major clients.

Question: What are your plans for the project in the future?

Answer: In the near future we plan to launch 5–6 more pools for different strategies, refine, test and start automated revaluation of the pools’ assets, OCC token listing on exchanges.
After launching conceptually and financially already formed pools and debugging all internal processes, we will work on expanding our portfolio. We will launch products from our partners, third-party managers.

Question: Judging by your words, setting up and running a project on the crypto market is a good challenge for a CEO. In this context, what can you say to people who want to launch their project in this market?

Answer: If you are sure that there are less than 24 hours in a day and the speed of light is just below 300k km/h, you better reconsider. In fact, on the one hand, all this is extremely difficult and time-consuming. But if you have a good idea, a team (at least a couple of people who are willing to go with you and constructively criticize you) and the desire — go ahead, everything will work out. The main thing is not to give up.

Question: In your opinion, in what direction is the cryptocurrency industry moving now? What are the trends at the moment?

Answer: 2020 was the start of DeFi. 2021 will be the year of NFT and pharming. To know what will happen next — you need to look for those companies that are just now starting to develop their projects. They will be hits in 22–23. What will it be? It’s hard to gauge, we get news about these projects once a month, but I’m sure DeAM will be a new direction with DeFi’s project structure.

Question: If it is not a secret, where are you personally investing at the moment?

Answer: In addition to buying OCC tokens, I invest all available funds in Octopus Crypto Fund pools. I work, managers work, my finances increase. Apart from buying OCC tokens, I invest all available funds in Octopus Crypto Fund pools. Look at returns on our first pools!
All my attention is focused on the development of Octopus Crypto Capital. I trust the experience of our managers, so I am absolutely calm about my investments.

Question: Well, thank you for your answers. I think many will be interested to read an interview with you.

Answer: I am always ready to answer questions that interest our community. If you want to know something else, you can always ask questions in our chat — t.me/OctopusCC_Eng or in my private — t.me/OctopusCC_Finansist.

I remind you that you can invest in pools and buy OCC tokens through our Telegram bot — t.me/Octopus_VC_bot.

--

--