Decentralized Custody Solution for Crypto Assets

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Decentralized Custody Solution for Crypto Assets

Inspired by a conversation on:

Raoul Pal: The Journey Man

Raoul Pal: The Journey Man

Equities Are Back, Baby...! ft. Andreas Steno

Host: Raoul Pal

Timestamp: 00:00:22 - 00:01:15

Listen to Episode • View Podcast • All Ideas from Raoul Pal: The Journey Man

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Feather Flow

Direct Quote

"They've just launched Decentralized MPC Custody, the only place to get that amongst the major loan providers."

Market Gap

Users lack secure custody for crypto assets.

As the cryptocurrency market grows, individuals and businesses are seeking greater security for their digital assets. Traditional custody solutions often involve single points of failure, exposing users to risks of theft or loss. A decentralized custody solution can significantly enhance security by using multiple key shards, ensuring that no single entity has complete control over the assets. This addresses the growing concern for crypto users regarding the safety of their holdings, especially for larger investors or institutions looking to enter the space. Current solutions may not offer the level of security or transparency required, making this a timely and essential service in the evolving crypto landscape.

Summary

A decentralized custody service utilizing Multi-Party Computation (MPC) to safeguard cryptocurrency assets presents a unique opportunity in the digital economy. By segmenting private keys into multiple shards, this solution mitigates risks associated with centralized custodianship. Individuals and businesses can verify their asset holdings while maintaining control over their investments. This service could target institutional investors, high-net-worth individuals, and crypto startups looking for robust security solutions. The implementation could involve developing a user-friendly platform that integrates seamlessly with existing wallets and exchanges, providing real-time access and transparency for users.

Categorization

Business Model
Service
Target Founder
Technical
Difficulty
High
Time to Revenue
6-12 months
Initial Investment
> $10,000

Potential MRR (18-24 months)

Conservative
$5,000 - $10,000 MRR
Moderate (Most Likely)
$15,000 - $25,000 MRR
Optimistic
$30,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
9/10
Evidence
7/10
Overall
7.4/10
Found on October 9, 2025 • Analyzed on October 9, 2025 12:41 PM

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How should I validate this service idea before building it?

2:34 PM

Great question! For a service idea like this, I'd recommend starting with these validation steps:

  1. Customer interviews: Talk to Technical to understand their pain points
  2. MVP approach: Build a simple landing page to test demand
  3. Competitor analysis: Research existing solutions and identify gaps

Would you like me to help you create a specific validation plan for your high difficulty idea?

2:35 PM

Yes, and what about the technical implementation? Should I build this myself or hire a team?

2:36 PM

Based on your idea's complexity and 6-12 months, here's my recommendation:

Technical Strategy:

  • Start with no-code tools for rapid prototyping
  • Consider your technical background and available > $10,000
  • Plan for scalability from day one

I can help you create a detailed technical roadmap and resource allocation plan...

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