Decentralized Custody Solutions for Crypto

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Decentralized Custody Solutions for Crypto

Inspired by a conversation on:

Raoul Pal: The Journey Man

Raoul Pal: The Journey Man

Mike Howell RETURNS: The Dollar Fix Is In — The Playbook for Gold, Tech & Bitcoin

Host: Raoul Pal

Timestamp: 00:00:22 - 00:00:49

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

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Feather Flow

Direct Quote

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

Market Gap

Crypto investors lack secure and decentralized storage options.

As the popularity of cryptocurrencies grows, the need for secure storage solutions becomes critical. Many crypto investors face challenges with centralized exchanges, which can be vulnerable to hacks and insolvency. Existing solutions often rely on single-entity custody, exposing investors to risks. A lack of decentralized custody options means that users may not have full control over their assets, leading to potential losses. The rise of decentralized finance (DeFi) highlights the demand for innovative and secure custody solutions that empower users while ensuring the integrity of their holdings.

Summary

The idea is to create a decentralized custody solution for cryptocurrencies that utilizes Multi-Party Computation (MPC) technology. This system would allow users to store their Bitcoin and Ethereum securely without relying on a single entity. By distributing the control of the private keys among multiple parties, the risk of losing access to funds due to a security breach or mismanagement is minimized. This solution targets crypto investors seeking enhanced security and autonomy over their assets. The implementation would involve developing a user-friendly platform that integrates MPC technology, ensuring transparency and ease of use for customers.

Categorization

Business Model
Service
Target Founder
Technical
Difficulty
High
Time to Revenue
> 1 year
Initial Investment
> $10,000

Scores

Clarity
8/10
Novelty
9/10
Feasibility
7/10
Market Potential
8/10
Evidence
7/10
Overall
7.8/10
Found on September 11, 2025 • Analyzed on September 11, 2025 9:41 AM

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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:

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  2. MVP approach: Build a simple landing page to test demand
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Yes, and what about the technical implementation? Should I build this myself or hire a team?

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