Bitcoin thought leader Dan Held joins Trust Machines to unlock Bitcoin’s trillion-dollar economy
Nickie Louise
Posted On July 21, 2022
Bitcoin-focused startup Trust Machines welcomes thought leader Dan Held among its ranks to enhance the development of applications for the Bitcoin ecosystem. Held is a renowned and respected name in the industry, primarily due to his ongoing educational support for the Bitcoin ecosystem.
Dan Held Joins Trust Machines
The team behind Trust Machines has made a name for itself by focusing on building real-world applications for the Bitcoin blockchain. Whereas most developers focus on offshoot networks like Ethereum or Solana for decentralized app building, none of these blockchains has the same security as Bitcoin. Moreover, Bitcoin represents not only the most secure network but also the most capital and liquidity that remains untapped by decentralized applications.
Trust Machines has been chipping away at bringing such apps to Bitcoin. It is the largest app-oriented ecosystem for Bitcoin and aims to push the growth boundaries continually. Adding thought leader Dan Held – who has over 750,000 social media followers – as an advisor to the project will bring more attention to this app ecosystem. Moreover, it will increase visibility among developers and users, highlighting the potential of what Bitcoin is truly capable of.
Trust Machines CEO Muneeb Ali adds: “Dan has an amazing ability to simplify complex concepts and reach large audiences. We’re seeing a revival of Bitcoin builders culture and Dan’s work with us on growth marketing can help accelerate the adoption of Bitcoin layers and unlock productive capital through Bitcoin apps.”
Trust Machines leverages the success of Stacks, a programming layer for Bitcoin. When Stacks introduced its mainnet, the Bitcoin ecosystem gained programmability. With the technology in place, Trust Machines aims to make Stacks faster and easier to develop on. Additionally, several applications are in development to make Bitcoin productive, including a trustless lending solution.
Fueling Further Bitcoin Growth
Q2 2022 Has been rather bullish for the Trust Machines team. Several key hires were made, including former President & COO at Coinbase Asiff Hirji, former Head of Exchange at Binance.US Rena Shah, and former Head of Comms at Lolli Aubrey Strobel. The star-studded team behind Trust machines continues to make its mark on the industry, and the addition of Dan Held is another significant step forward.
Trust Machines Growth Marketing Advisor Dan Held comments: “I’m thrilled to announce my role at Trust Machines as an advisor. I believe Trust Machines and its team is uniquely positioned to bring DeFi applications to the Bitcoin protocol, inevitably unlocking trillions in value.”
The primary objective for Dan is to build and scale the Trust Machines marketing department. Additionally, he will focus on developing strategies for native products and serve as an advisor to CEO Muneeb Ali.
The key hires are one part of the equation, but Trust Machines also secured $150 million from investors earlier in 2022. Notable contributors include Breyer Capital, Digital Currency Group, GoldenTree, Union Square Ventures, and GoldenTree. The funding will enable Trust Machines to explore new decentralized finance (DeFi) opportunities for Bitcoin.
