How One Russian-Speaking Crypto Company Is Navigating the War in Ukraine

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In an industry with many founders, workers and users in Ukraine, the human impact of Russia’s invasion runs deep. NJChrisRobbins speaks with the CEO of one affected firm in this week’s Crypto for Advisors newsletter:

Vladimir Kardapoltsev, who joined PointPay about a year ago and has become its CEO, is a young entrepreneur who got into crypto at the age of 21.

Now, Kardapoltsev finds himself navigating PointPay through Europe’s most serious major conflict in decades.“I was the primary person growing the company, which was mainly operating from Russia and Ukraine in the beginning,” Kardapoltsev said. “We outgrew the market in Russia – I’ve interviewed 3,000 people, pretty much every person who has worked in crypto in the Russian-speaking world and all sorts of people in Europe.

Kardapoltsev offered to relocate those employees to ensure business continuity, covering their travel expenses, but the situation cleared up in two weeks. “We asked them to do it as a temporary measure, to treat it as if they were going on holiday, or at least consider moving to Lviv ,” he said. “I thought they would probably be leaving for good, but I told them to think as if it was a vacation – and if you can’t get to Lviv, move into Russia. We couldn’t force it on them, they didn’t listen to us. We told them we would provide them with accommodation, but they said they didn’t want to leave their family.

“Most of the women in our company managed to escape, they were not conscripted, some men managed to get out of the country,” Kardapoltsev said. “One senior person from the C-suite who was splitting time between Kyiv and Moscow, he escaped in the back of a boot and moved to Hungary. Another person from the C-suite, an important person in our company, had two newborn babies and wasn’t able to escape at all.

 

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NJChrisRobbins Because they paying for the News, People on Twitter needs to understand that any news from, Forbes, medium,etc are payed for publication. Nobody write that, they pay and send the text. I already promoted in my work on this 2

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