Preventing Backchannel Token Sales

Anand Gomes, CEO of Paradex, exposes how most crypto token launches really work, reveals the red flags that separate serious builders from teams that cash out and disappear, and explains why Paradex locked 80% of its own team tokens to public performance milestones.

THE SHIFT NEWSLETTER

💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

___________

PARTNERS

🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/

🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place.  https://app.paradex.trade/wl/resilientrogueqv

💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT

🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.

 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356

💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.

https://z.cash/ecosystem/zashi-wallet/

🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/

💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.

 https://sui.io/

♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. 

https://www.coinsilium.com 

___________

Follow Anand Gomes

• Twitter: https://x.com/fiddybps1

• Twitter: https://x.com/paradex

• Website: https://app.paradex.trade/

FOLLOW WHEN SHIFT HAPPENS

Twitter (X): https://x.com/KevinWSHPod  

Instagram:  https://www.instagram.com/kevinfollonier_ 

Linkedin: https://www.linkedin.com/in/kevinfollonier/

Website: https://kevinfollonier.com/

DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction

1:29 Please Subscribe

1:55 25 Day Fast & The Benefits

9:25 - Partnerships: @JupiterExchange @KASTxyz

14:04 Fixing Your Health Makes You Unstoppable When Building A Business

15:20 The Playbook To Survive & Become Stronger In Crypto

18:52 The Key To Staying Motivated No Matter What

21:02 How Difficult Is It To Run A Crypto Exchange

23:14 Anand's Stance On Hiring People Who Execute

28:48 Partnerships: @paradex @zashi_wallet @sumsub

33:48 What Do You Want Crypto To Be?

35:12 Paradex’s Privacy Aspect Explained

36:58 Has Anand Ever Thought Of Building Paradex On Solana

41:12 Do You Ever Regret Or Doubt Yourself With Anything?

44:45 Why Anand Is Extremely Bullish On The Perp Space

47:35 Partnerships: @Trezor @BitwiseInvest @SuiNetwork

48:32 What Happens To The Perp Space In One Years Time

55:34 Crypto’s “Bad Rep” Comes From These Non-Serious Token Creators

56:50 Paradex Stands Out Because Of The Transparency, Alignment, & Governance Framework

59:30 How You Ensure People Won’t Use Options As An Instrument To Sell 

1:01:19 What’re You Trying To Prove Here?

1:03:31 Why You’re Confident Launching A Token In A Bear Market

1:05:22 Can You Be Transparent With Us Now?

1:05:50 What Does The Little Voice In Your Head Tell You Every Day & Night

1:08:08 Closing Thoughts