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by Scaur 2552 days ago
Back in 2018, I quit my cryptocurrency exchange job to build TxBatch, a bulk search blockchain explorer. It worked... kind of. We made the product, partnered with the right people, got the help we needed - but we couldn't sell it.

We did, at least, get in touch with the top cryptocurrency exchanges and hear directly from them that they didn't need it.

As for failure reasons, I think it's:

1. A blockchain bulk search engine simply isn't as sorely needed as I predicted. Should have pre-sold it (even if I wasn't sure if it was possible to make)

2. It was built to scratch an itch I remembered at my old job, but that same company I worked for was likely an outlier (they've now gone bankrupt). Should have met a specific user and designed it exactly for them.

3. I focused on development far too much over the rest of the business (and as the only full-time member of the startup, that had a big effect...). Should have focused more on partnerships, marketing, and sales.

We're now creating SatSearch, which is a universal blockchain search engine. If you're interested in the concept check out https://t[dot]me/joinchat/HtUYlBZcLI8xW5DjdoPEPw or our newsletter signup (no bs) at https://txbatch.com/.