Ever wondered how to become an Anon Crypto Founder?
Do you want to launch a project but maintain your anonymity?
We present you with all the necessary steps to become an Anon Crypto Founder and help you to stay anonymous in the Crypto space:
🧵👇
In this thread we will discuss:
• HOW TO BECOME AN ANON FOUNDER
• HOW TO REMAIN ANONYMOUS
• PROS OF BEING AN ANON FOUNDER
• CONS OF BEING AN ANON FOUNDER
• HOW DID SATOSHI BECOME AN ANONYMOUS FOUNDER
• ARE ANON FOUNDERS GOOD FOR THE SPACE?
Founders are often either doxxed or don't hesitate to put their names on their startup
It's hard to remain anonymous even if they wanted to due to legal issues
But these days, some #Crypto startup founders prefer to remain anonymous
The famous Anon founder Satoshi Nakamoto catalyzed the entire "Anonymous Founder" movement
However, some #Web3 & Web 2.5 businesses like @ethereum, @FTX_Official, @coinbase, and @Uniswap still have doxxed founders
That might be the case because most judicial systems require a doxxed individual and most venture capitalists would not fund a startup if the founder is anonymous
However, if you want to learn how to start a LEGAL Crypto project while staying anonymous, keep reading 🍿:
• HOW TO BECOME AN ANON FOUNDER:
Before we discover how to remain anonymous, let us first understand how to become a Crypto founder
1. Seek legal assistance to guarantee that all licensing requirements are met:
It is crucial to acquire legal counsel in order to comprehend the regulatory requirements for your startup
Example: You could get an anonymous LLC on American Samoa territory
2. Obtain funding for your startup:
Given that you're attempting to remain anonymous to the VC, this might be a little challenging
However, if you could offer rational explanations for your anonymity, you might be able to alleviate the anonymity problem significantly
Building an anonymous track record will be beneficial in gaining the trust of VCs to invest in your startup
3. Find a technology solution provider:
Crypto protocols like @cosmos offer Cosmos SDK as a framework to build an independent sovereign blockchain for your startup
Protocols such as @avalancheavax offer subnets that are independent, ready-made blockchains to launch your startup on an individual subnet
So, based on your requirements, select the appropriate chain to launch your startup
4. Beta test your project before going live:
The purpose of this step is to fix any bugs in the original code and to ensure that your project adheres to the highest security standards
Also, ensure that your startup is following all the rules and regulations!
5. Start promoting your startup:
Being anonymous will make this a bit difficult because you can't appear on any podcasts or YouTube channels
However, having a solid Twitter presence will significantly accelerate the growth of your startup
• HOW TO REMAIN ANONYMOUS:
1. Come up with an online persona of what you want to be known and remembered for as an anon
2. Use a completely different phone and computer for each identity
3. Copy and paste Discord invite URLs. If you merely click join, you might doxx yourself by joining with the wrong account
4. Be cautious when using Bluetooth headphones, if you are screen sharing the names of these devices can doxx you
5. Be careful when posting screenshots of chats since these include timestamps in your local time
6. Send all money through a platform like Monero before sending it to your anon account (*risky with sanctions*)
7. Use a VPN or Tor to mask your IP
8. Don't email/DM links to yourself between your anon and IRL accounts
9. Never follow friends when creating your Anon account for the first time
10. Use a different seed for your anon Crypto wallet addresses
11. Remove EXIF data from any images/screenshots you post
(EXIF data contains information such as aperture, shutter speed, ISO, the date the photo was taken, and much more)
12. Maintain some ambiguity between the timezones and avoid making it too easy to guess
13. Use a voice anonymizer to go on calls or a podcast
14. Use Tutanota for a private email provider
15. Before you make any websites public, make sure your domain records are set to private
16. Avoid doxxing your anon identity to real-life people
• PROS OF BEING AN ANON FOUNDER:
1. You don't run the risk of having people rob you or harm your family
2. Being an anon doesn't matter if you're qualified to successfully run your project
3. Your reputation is solely based on your work, not your origins, appearance, financial background, etc.
4. It protects against social engineering attacks, which is one of the most powerful ways to access someone's computer
• CONS OF BEING AN ANON FOUNDER:
1. Being anonymous in the #Crypto world is quite difficult. It requires a great deal of in-depth knowledge to delete all possible information from the internet and to avoid doxxing yourself
2. It is very hard to build trust as an anon founder. People will always be skeptical of you since the cost of doing something bad is lower for anons
3. When you go anon, you have to start from zero. You essentially lose all past reputation, work, relationships, etc
4. As an anon, it is difficult to build real-life relationships, which will cause one to pass up many business and partnership opportunities
5. Most of the major legal jurisdictions will not permit founders to remain anonymous
• HOW DID SATOSHI BECOME AN ANONYMOUS FOUNDER?
Satoshi Nakamoto is arguably the most famous anonymous founder of a technological revolution triggered by the invention of the Bitcoin network
Satoshi released the #BTC white paper over 12 years ago
That white paper undoubtedly started a new industry and economic revolution!
Satoshi might be one of the wealthiest individuals alive today* b/c it is estimated that they hold 1 million $BTC
The alleged final message sent by Satoshi was on April 26, 2011
It says "The press just turns [the mysterious shadowy figure description] into a pirate currency angle. Maybe instead make it about the open-source project and give more credit to your contributors; it helps motivate them."
But how did Satoshi remain anonymous?
Satoshi never revealed his real name and identity to the public
He chose to use the Japanese name “Satoshi Nakamoto” instead
Allegedly Satoshi used a virtual private network (VPN) and Tor to mask his IP
In fact, Satoshi had even told the public that Tor was a good way to confuse others about where a #Bitcoin transaction came from
Satoshi also registered domains anonymously and used anonymous webmail too!
They even concealed their timezone by switching the time at which they posted Sourceforge commits, mail, and forum posts
•ARE ANON FOUNDERS GOOD FOR THE SPACE?
Being anonymous has much more benefits in the Crypto space than in the real world
However, investing in anonymous founders is unsettling for investors because the risk of rugging them is high
Due to the high likelihood of being sued, many of these projects are also high-risk investments
Creating a DAO is also one of the most common ways to stay anonymous in the Crypto world
DAOs allow people to collaborate and act as a company without formal legal procedures or doxxed owners
However, DAOs are particularly vulnerable to fraud
Ex: AnubisDAO was created by anon programmers just with a Twitter account and a logo
According to Chainalysis, it disappeared less than a day after it launched, stealing close to $60 million from investors
Furthermore, anonymity can encourage crime and money laundering in the space
Anons face virtually no punishment for misconduct, making it incredibly simple for them to commit crimes and hide their sources of income
It is reasonable to accept a founder's desire for anonymity if it is due to potential future regulatory action
But if there isn't a reasonable rationale, they could be just looking to make a quick buck
So, the anonymous founders must do their best to communicate with the community regularly
They must reassure the people in their community that they are not getting rugged and prove that they genuinely care about their community & the project’s success
Although anonymity itself doesn't inherently harm the space, a tiny minority of founders' negative intentions will erode the trust of every other anon in the space
Therefore, it will take a lot of time for people to realize that being an anon isn't always negative
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