KYLE Chasse is a well-known crypto entrepreneur who founded the world’s first Bitcoin lottery.
But what is the story behind Chasse?
Who is Kyle Chasse?
Chasse was first introduced to Bitcoin in 2012 when he made his first investment.
In 2013, he sold his company, The Reverse Aging Institute, and then used the proceeds to invest in Bitcoin.
In 2013, he founded World Super Lotto, the first Bitcoin-based lottery.
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Chasse held two live lotteries per week, which he broadcast on YouTube.
In 2014, he made investments in BnkToTheFuture, Pundi X, Bitstamp, Kraken, Shapeshift, Coinpayments and several others firms.
Chasse also diversified his crypto portfolio and bought Ethereum at $2.
He then joined Credit as COO in its early stages.
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Chasse then left the US in 2017 and started creating content for YouTube and Twitter, which covered in-depth research about some of the world’s most promising blockchain projects.
In 2018, Chasse founded Master Ventures, a blockchain advisory and investment firm that focused on helping companies develop their products and services.
Master Ventures advises some of the most prominent projects in the crypto space, including UBANX, Elrond, and Ultra.io.
Chasse said in 2019, he was ready to start his venture capital firm because he had enough experience in multiple industries to bring his projects to market confidently.
Chasse said: “Finding the correct partners was one of the most difficult tasks. I’ve had a handful of terrible apples, and it can be a costly and time-consuming learning experience.
“Another major problem was forming the correct kind of team and corporate culture, as well as identifying self-starters, determined, and enthusiastic individuals.
“I went through many iterations with the team, and at one point, I covered for everyone and started from the beginning.
“The entire hiring and structure procedure was a significant problem.
“Things are considerably better now on that front.”
In 2019, Chasse also co-founded House of DAO which aims to redefine blockchain working environments by offering cost-effective co-working and co-living spaces around the world, with the initial property launch in Koh Phangan, Thailand.
House of DAO main focus “is on enabling entrepreneurs through surrounding them with experienced like-minded professionals to build decentralized products in the most conducive work environment available.”
In 2020, Chasse then founded PAID Network – a DeFi project that uses the advancements made in blockchain to give users the opportunity to make their own “SMART Agreements and policies.”
PAID wants to redefine the civil legal system by introducing new ways to attract opportunities and value for both users and businesses. The key goal behind this network is to empower lower-income communities.
Chasse also advises several blockchain projects, such as AnRKey X, Hathor Network, and PlasmaPay.