SatoshiPyramid raised ~200 BCH in funding which will be used in the development of a Bitcoin Cash App Store.

Hello everyone,

On behalf of the team we would like to thank the Bitcoin Cash community for the success of SatoshiPyramid. SatoshiPyramid is on a very short list of non-exchange-based Bitcoin Cash products to have hit seven-figure revenue and to have done so profitably. Even more impressive, this was achieved in the first game, within one week of launch. We say this not to brag, but to stress the significance of this finding.

As theorized in our last post prior to the explosion of SatoshiPyramid - Speculation is the first use case of crypto, in the same way that email was the first use case of the Internet. While email is no longer the defining use case of the Internet, it was the use case that bootstrapped it. The Internet could not get to YouTutbe/Uber/Netflix, without first going through email. Blockchains cannot get to peer-to-peer cash for the world, without first going through speculation. The future blockchain of the world will likely be the blockchain that wins the initial speculative use case. You don’t have to like it, but you do have to accept it.

Aligned with this theory (as promised), we are using the ~200 BCH in funding to build an App Store primarily on Bitcoin Cash. While the aim of the App Store is to one day build state of the art decentralized applications rivaling that of YouTube, Uber, Netflix, etc… We have decided to initially seed the App Store with on-chain based applications rooted in speculation. As proven by SatoshiPyramid (and many other industry players), speculative games are the best at onboarding users, virality, and fundraising. Which also happen to be the three most important components of building an App Store.

We are in the process of building our next speculative-based application, which we expect to be many orders of magnitude larger than SatoshiPyramid. It will be ready for release soon. Looking farther out, we have a list of killer-applications lined up deeper than the 2017 BTC mempool. In time we will make the first game of SatoshiPyramid look like the 1st grade bake sale that it is. After we have released several successful games, we will group them (and their users/virality/fundraising) together as the founding group of a Bitcoin Cash App Store.

P.S. There are currently no plans for a Game 2 of Satoshi Pyramid.

Growing Our Team

1. If you are a developer and would like to join us in building speculative games on our roadmap, paid positions are available – contact here: discord [dot] gg/z2bZEq2

2. If you otherwise would like to join the team or have proposals for collaboration - contact here - discord [dot] gg/z2bZEq2