Picture this: Paris, 2025—a city of lights, croissants, and more blockchain than you can shake a digital stick at. Enter Michael Stroev, CEO of Venga, here to rescue confused mortals from the dizzying merry-go-round of crypto with nothing but blind courage, chutzpah, and probably a handkerchief somewhere. 🥖🧑💼
Venga struts into the crypto party late (September 2024) but insists it brought the best hummus. The goal? Take all that jazz from DeFi and Web3, chop it down into bite-sized “accessible” pieces, and toss them out to the masses who have no clue what an Ethereum even looks like. You can deposit euros, buy the shiny coins, and either zip them to your own mysterious wallet or leave them lounging in Venga’s “ecosystem” for “additional services.” Like free wifi? No—better. Sort of. Stroev insists he’s bringing innovation to the crowd—none of that stale, old-school money stuff. The plain old IBAN account? That’s just for appearances, like parsley on gefilte fish. Real excitement is on the DeFi side, baby!
Crypto for the People, By the People (And Maybe a Few Robots)
Stroev’s mission statement: “We take innovations from DeFi, formerly Web3, and get them into everyone’s hands.” Did someone order a revolution with a side of blockchain? Venga’s menu comes with all the buzzwords and none of the cholesterol.
They offer basic euro deposits but don’t call them a bank—he’s not wearing that hat. Venga is about “Web3 innovation,” which is like regular innovation wearing fancier pants. Might they add more fintech goodies later? If the crowd demands it, why not—it worked for the Beatles.
The Great and Terrible Mystery of Crypto Discovery 🔍🦸
Apparently, the biggest hurdle isn’t understanding Bitcoin—it’s finding out what else is out there. Crypto is like a French cheese market: tons of options, everything smells a little off, and you need a guide or you’ll pick something illegal in three countries. Stroev laments the endless research, the wild-goose chases across social media, or actually attending Paris Blockchain Week (the horror!) just to learn the ropes.
“Education is still a huge roadblock,” he sighs, but probably while wearing a magnificent beret.
Stroev wants to vet all the projects so users don’t end up backing “Cryptocoinus Scammius.” Marketplace? Curation? It sounds very highbrow, but it’s really about not reinventing the banana peel on which every new investor slips.
Bear Markets, Baguettes, and Bouncing Back
Venga launched during crypto’s own “pothole season.” Scary headlines, failed coins, and techies crying into cappuccinos. Stroev remembers the collapse of Terra Luna and FTX (“it’s the end of the world!”), but now? Not even sweating. He says it’s mostly down to American policies—because, of course, who else can muck things up this perfectly? Apparently, a new stablecoin bill might actually make things less wild in the West. Hope springs eternal in the human—and crypto—heart.
“We’re at the very starting point of our hyperparabolic curve,” Stroev claims, with a straight face. Watch out—2025 is going up so fast, you’ll need a parachute.
Long-term? Stroev’s in it for the marathon, not the meme coin sprint. Next stop: making crypto less bonkers for grandma and her friends.
Brought to you in partnership with Paris, courage, and a dangerously large cup of espresso.
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2025-04-29 14:04