Crypto Pioneer Vladislav Martynov Talks Blockchain Evolution and Future
In this exclusive interview, crypto.news had the privilege of speaking with Vladislav Martynov, a seasoned high-tech entrepreneur and blockchain pioneer. From his early days co-founding a startup with Ethereum co-founder Vitalik Buterin’s parents to his current role as a managing partner at BR Capital, Martynov shares his fascinating journey through the ever-evolving world of blockchain technology and offers valuable insights into its future.
Introduction to Vladislav Martynov
CN: Can you briefly introduce yourself?
VM: I’m a high-tech entrepreneur with a rich history in the tech industry. I co-founded my first startup in the late ’90s with Dmitry and Maia Buterin, the parents of Vitalik Buterin. We ventured into selling innovative Enterprise Resource Planning systems and later delved into SaaS-based CRM solutions during the early days of cloud computing. My interest in disruptive technologies peaked when Dmitry introduced me to Bitcoin in 2012 and later shared Vitalik’s vision for Ethereum in 2014.
The Journey to BR Capital
CN: Which led you to where?
VM: Subsequently, I joined the Ethereum Foundation’s Advisory Board to promote blockchain education and developer growth. I co-founded BlockGeeks and the Ethereum Competence Center to further contribute to the blockchain ecosystem. The ICO boom of 2016-2017 led me to advise startups exploring tokenization and stablecoins. However, many of these ventures failed due to the nascent technology and market conditions. This inspired me to establish BR Capital, a regulated fund focusing on DeFi and Web3 technologies. I currently serve as a managing partner, supporting startups and attracting global capital with a focus on security and confidence.
BR Capital’s Operations and Vision
CN: How does BR Capital operate? Is there a strategic vision behind the fund?
VM: At BR Capital, we combine VC expertise with practical building experience. Our history includes the development of an algo-trading platform in 2017, showcasing our hands-on approach. While new entrants from traditional finance bring interest, navigating the complexities of blockchain technology requires seasoned VCs for effective capital deployment.
Investment Climate for Blockchain Startups
CN: What about the current investment climate for blockchain startups?
VM: The current investment climate for blockchain startups is more promising than in previous cycles. Regulatory acceptance and institutional adoption are outpacing retail growth, shifting the focus towards practical Web3 applications such as marketplaces, rewards systems, and privacy-enhanced social networks. Advancements like Ethereum’s Layer 2 solutions are facilitating the transition from Web2 to Web3. This cycle presents unique opportunities for innovation, particularly with the intuitive appeal of crypto to younger generations.