On August 11, crypto investor and entrepreneur, Paul Nelson, shared a candid update on his professional journey. He revealed a challenging period marked by unexpected developments and the difficult decision to part ways with Rariko.
Despite the setbacks, Paul expressed optimism, emphasizing the valuable lessons learned. He extended gratitude to the Rariko team and pledged to support former colleagues.
In the X post, Paul also acknowledged the instrumental role of Anshul Dhir and Anand Agarwal, whose continued support will be integral to his future ventures.
Founded by Nelson and Mani Kumar Naredla in 2021, Rariko is an Ethereum-based decentralized social platform focused on building a safer and more user-friendly community environment within the blockchain ecosystem.
With over 5,000 whitelist requests and support for 7 different blockchain networks, Rariko has partnered with more than 60 ecosystem collaborators and built a community of 15,000+ users.
In simple words: The platform centers on Identity NFTs, allowing users to mint and manage their .wagmi identities, track on-chain reputations with a Degen score, and enjoy seamless multi-chain support. Rariko ensures secure, token-gated experiences and offers permissionless account recovery, making it future-ready for Web3 social apps.
