Dude, listen up! One of the top players in the crypto media game, Blockworks, just dropped a bombshell — they’re launching a consulting biz!
At their Permissionless conference this Wednesday, they’re unveiling Blockworks Advisory. Think of it as their supercharged side hustle, designed to help crypto projects blow up from the ground up. Jason Yanowitz, one of the co-founders, spilled the tea that they’ve been kinda doing this already, like, naturally.
Blockworks kicked things off back in 2018 by hosting meetups for crypto enthusiasts. Fast forward, and they turned into a legit events powerhouse, cranking out multiple daily podcasts and newsletters. As they became the go-to homies for crypto deets, tons of crypto companies started hitting them up for advice on how to navigate the wild world of crypto. They even had some of their research team step up and lend a hand.
“Since we launched Blockworks Research two years ago, we’ve totally crushed it in providing crypto intelligence and data,” the company said in a memo. They’ve been picking up some serious wisdom on what it takes to grow a crypto company and all that good stuff.
Blockworks Advisory is ready to dish out custom services, like planning launches, marketing, and boosting brand awareness. They’ll help companies figure out their finance moves, risk management, and even get people talking. And don’t sweat it, they’re keeping it real — this new crew will have its own staff and stay separate from the news squad to keep it legit.
Even with the crazy ups and downs in the crypto and digital media world (or maybe because of it), Blockworks has been thriving, raking in the cash with their podcasts, newsletters, and events. They scored $12 million last year with a sweet $135 million valuation, and they’re on track to be profitable this year. In 2022, they pulled in over $25 million mostly from digital ads and killer events. And guess what? Blockworks Advisory is expected to haul in $6 to $9 million next year.
“In an industry as wild as crypto, sometimes it’s all about just hanging in there,” Yanowitz said in an email. “We made it when a lot of other dudes didn’t because we focused on keeping it sustainable and profitable instead of just chasing growth for the sake of it.”
So, shoutout to Blockworks for making moves and staying ahead of the game! Cheers to getting those crypto wins, bro! 🥳🚀
Source: https://www.semafor.com/article/10/09/2024/crypto-media-blockworks-launches-consulting-business
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