Founder Interview Video
How Bindle Systems Reached 200 Paying Clients and About 100,000 Wallet Installs with COVID Credential NFTs (Interview with Co-Founder Carlos Korten)
Chapters
- 0:00Introduction and What Bindle Does
- 0:15Explaining NFTs and Health Credentials
- 0:43How the Rules Engine and Zero Knowledge Proof Work
- 1:29Token Issuance and Trust Hierarchy
- 2:41Go-to-Market Challenge: Competing with Paper Cards
- 3:13Rapid Ingress and Large Venue Use Cases
- 5:22Whether Fans Will Adopt It
- 6:18Coexistence with Paper and the Clear Comparison
- 6:54Who Pays: The Verifier Revenue Model
- 7:21Pricing: The 10 Cents Per Scan Benchmark
- 8:06Wallet Installs and States
- 9:00How Many Paying Customers
- 9:37Company Founding and First Release
- 10:12Fundraising: Angels and Pre-Seed Round
- 12:15Team Size, Six Co-Founders, and Equity Split
- 13:06Burn and Being Pre-Revenue
- 13:28Competitive Landscape: Clear and IBM
- 13:55Famous Five Rapid Fire