Who Owns App

    Who Owns App
    The article traces the origin of the domain while viewing its current worth, exploring its future from the website CEO’s lens.

    Crypto has been the most significant buzzword in the world of finances in 2020, and everyone has something to say about the emerging crypto #currency. Call it obsession, business, passion, but Crypto has lured both high profile industrialists and those having the smallest share in stock markets. So what is actually When was it established? Who owns it? What’s with the crazily huge demand worldwide? Let’s take a look at it:

    What is Crypto?
    Crypto is a form of digital #currency or a virtual #wallet counted as #coins. The digital currency derives its name from the word “crypto”, referring to complex cryptography of processing machine codes that enables its transactions across a decentralized network of systems. 

    A distinct feature of cryptocurrency is that it works across deconcentrated systems and operates through codes, often escaping official scrutiny that a physical currency undergoes. Cryptocurrency majorly remains intangible even though some of it has entered into the physical world, merging with credit cards. 


    Who created was initially registered in 1993 by Matt Blaze, a Computer & Information Science Professor at the University of Pennsylvania. While Blaze had announced that his domain was “not for sale” and turned down several offers for trade, he eventually sold it off to Hong Kong-based cryptocurrency payments platform Monaco, owned by Kris Marszalek, in an undisclosed deal.

    According to media reports, the deal could potentially attract $10 million, but Monaco CEO Kris Marszalek declined to discuss specifics. After the takeover from Blaze, Marszalek rebranded Monaco as “” in 2018. When asked about the relaunching of Monaco, Marszalek expressed that his mission behind the acquisition was to accelerate the internationalization of cryptocurrency.

    Marszalek describes himself as a “lifelong company builder” who has founded several startups before making a foray into the crypto space. For, he has envisioned giving users complete control over their finances and management, evident from the company’s current offerings of crypto debit cards, crypto wallets, and more. Before, Marszalek served as CEO of South Asia’s most prominent e-commerce retail platforms Beecrazy and Ensogo.

    2021 Roadmap
    Although a new player in cryptocurrency, has exploded in popularity since 2018, especially in 2020, after it got integrated with Ecwid, Ledger and In May 2020, earned a new milestone by expanding access to crypto-backed debit cards, thus obtaining operational licenses in the European Union, Australia, Malta and Canada. Experts predict the crypto debit card will soon be welcomed elsewhere in the world.

    Guided by Marszalek’s vision of internationalization of digital currencies, released Defi Swap, encouraging decentralized exchange for its online users. The year 2020 fueled success for digital payments usage amid the COVID-19 pandemic, proving a win-win scenario for, whose user interest grew exponentially. Very soon, in October 2020,’s users had reached a whopping 5 million, five times higher than its September 2019 count, which was 1 million users.

    2021 forecasts for include mainstreaming of crypto-backed debit cards, trade using cryptocurrencies, and more regulatory licenses while simultaneously expanding the usage of Defi for currency exchange. Marszalek’s next target for is to reach 15 million active users globally by the end of 2021.

    Stay in the Loop

    Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

    Latest stories

    - Advertisement - spot_img

    You might also like...