Progress Update

I cannot believe that it has been five years since we started Proof! What’s pretty cool is everything we wrote in that original announcement blog post is still true to this day. This has been an incredible, once-in-a-lifetime experience. I feel immensely…

It comes with the territory of running a startup that some quarters will be exciting, some will be disappointing, and some will be a grind. The last quarter of 2022 was exciting: we successfully completed a fundraise, went live with some major new clients, and…

It has been a wild four years since Allison and I started Proof. In preparing to write this post, I looked back through our initial announcement as well as our 1, 2, and 3 year updates. We have certainly come a long way!

After the emotional rollercoaster of Q1 and the exhausting CTO transition that consumed our Q2, I am pleased to report that this past quarter was one the brightest we have ever had!

In our previous update, we said our most critical task for Q2 would be the knowledge transfer from our former CTO to the rest of the team. This was in fact the primary focus this quarter, and fortunately it did go well!

As we hit our 3 year anniversary and enter 2022, this marks a new phase for Proof. We released our main algo last month (simply called Proof), a liquidity seeking/impact minimization algo. This algo is the culmination of several years of research into impact…