Jaideep Yadav, Founder at Kandle
Personal Information
- Name: Jaideep Yadav
- Role: Founder
- Company: Kandle
- Location: New York
- LinkedIn Profile: [Jaideep Yadav](https://www.linkedin.com/in/jaideepyadav)
- Connections: 500+ on LinkedIn
Professional Background
Jaideep Yadav is the Founder and CEO of Kandle, a startup that merges fantasy gaming with cryptocurrency trading, positioning itself as a notable player in the GameFi sector. Before founding Kandle, Yadav served as the Chief Business Officer at LocoNav.
Company Overview: Kandle
Kandle is a crypto fantasy GameFi project that combines the elements of cryptocurrency and fantasy gaming. The platform is designed to invigorate the experience for both crypto enthusiasts and gamers by offering interactive and competitive gameplay options.
Key Features
- Mega Leagues: Offering up to 1000X rewards.
- Private Leagues: Accessible to play among friends.
- Free Hourly Jackpots: Providing surprise rewards every hour.
- High/Low P2E Game: Leveraging prediction skills.
Vision
Kandle aims to empower both current and upcoming crypto traders globally by integrating fantasy gaming into the crypto trading experience.
Milestones and Achievements
- Launch of dRisk: Kandle launched dRisk, offering loss protection for crypto trades, significantly enhancing the platform’s appeal by providing a safety net for investors.
- Seed Funding: Raised $1.7 million in a seed funding round led by Saama, with participation from PointOne Capital, Cloud Capital, Good Capital, Founder’s Room, Seeders Fund, and CoinDCX CEO Sumit Gupta.
- International Presence: Established in Singapore, with a presence in Southeast Asia (including Indonesia and Vietnam) and fast-growing markets such as Nigeria and India. Plans to expand further in Asia and North America.
Recent Developments
- Web3Festival Participation: Attended the Web3Festival in Hong Kong to discuss potential collaborations and blockchain deployments for their projects.
- Community Engagement: Conducting activities such as #TwitterSpaces to educate new crypto enthusiasts and hosting discussions with guest speakers from the crypto industry.
Strategic Goals
- Expansion Plans: Aiming to expand its footprint across Asia and North America.
- Token Issuance Roadmap: Planning to release a detailed roadmap on token issuance, utility, and a play-and-win model.
- Integration of Smart Contracts: Committed to ensuring games are transparent, secure, and fair by integrating smart contracts.
Notable Quotes
“There is a massive opportunity at the intersection of gaming and crypto, and we’re excited to be at the forefront of this evolution in crypto fantasy gaming.”
— Jaideep Yadav, Founder, Kandle
Contact Information
- Email: [Available on LinkedIn](https://www.linkedin.com/in/jaideepyadav)
- Address: New York, USA
Additional Links
- [Fun Facts & Engagements on LinkedIn](https://www.linkedin.com/posts/jaideepyadav_introducing-kandle-making-crypto-fun-again-activity-7088206157583908864-hogV)
- [Economic Times Article on Funding](https://m.economictimes.com/tech/funding/crypto-gaming-startup-kandle-raises-1-7-million-from-saama-others/articleshow/102102987.cms)
Note: Jaideep Yadav's strong background in business leadership coupled with his entrepreneurial journey with Kandle provides promising avenues for partnership and business development in the intersection of crypto and gaming industries.
