The Boost VC Podcast

Ep. 71: Branding, Booty Calls & Banking on the Blockchain with Ameen Soleimani of SpankChain

Episode Summary

Ameen is the co-founder and CEO of SpankChain, a startup set to revolutionize the adult film industry using blockchain technology. The team has launched its Camsite Beta program and is working to ship SpankBank and SpankPay in the very near future. Prior to SpankChain, Ameen served as Decentralization Lazer Gun for ConsenSys and co-founder of Filter, a Twitter news aggregator.

Episode Notes

‘The closer you get to 50/50 polarizing, the more viral you’re likely to go.’

Ameen Soleimani is the master of branding, coining terms for his blockchain startup like SpankBank and Booty call. Working with the porn industry lends itself to polarizing branding, but why does Ameen think porn also happens to be the most practical application of crypto technology?
Ameen is the co-founder and CEO of SpankChain, a startup set to revolutionize the adult film industry using blockchain technology. The team has launched its Camsite Beta program and is working to ship SpankBank and SpankPay in the very near future. Prior to SpankChain, Ameen served as Decentralization Lazer Gun for ConsenSys and co-founder of Filter, a Twitter news aggregator.

Today, Ameen sits down with us to explain why the porn industry is a good application for crypto. He shares his surprise at being embraced by the greater Ethereum community and speaks to how he attracts top engineering talent. Ameen discusses the challenges of communicating with a distributed team and the current initiatives they are working on in SpankBank and SpankPay. Listen in for Ameen’s insight on viral branding and the power of polarization.

Topics Covered

What has surprised Ameen in working on SpankChain
Embraced by greater Ethereum community
Porn drives innovation as early adopter

Why the porn industry is a good fit for crypto
Censored by existing financial system
Motivated to adopt new one

Ameen’s introduction to cryptocurrency
Topic in news aggregator
Built arbitrage bot between exchanges

How the SpankChain distributed team communicates
Weekly team meeting, daily dev standup and Slack
Over-document

SpankChain’s current priorities
Launched Camsite Beta program
SpankBank, SpankPay initiatives

How to attract talent to a project
Solve hard problems
Track record of shipping

Ameen’s advice around branding
50/50 polarizing = likely to go viral
‘Stickiness of words matters’

Connect with Ameen

SpankChain https://spankchain.com/
SpankChain on GitHub https://github.com/spankchain
SpankChain on Medium https://medium.com/@spankchain
SpankChain on Twitter https://twitter.com/SpankChain
Ameen on Twitter https://twitter.com/ameensol
Ameen on Medium https://medium.com/@ameensol
Ameen on LinkedIn https://www.linkedin.com/in/ameen-soleimani-97181942/

Resources

Ameen’s Reddit Pitch Deck https://www.reddit.com/r/ethtrader/comments/6g9rzq/nsfw_spankchain_im_about_to_betamax_bitcoin/
ConsenSys https://new.consensys.net/

Connect with Boost VC

Boost VC Website https://www.boost.vc/
Boost VC on Facebook https://www.facebook.com/boostvc/
Boost VC on Twitter https://twitter.com/BoostVC