All Roads Lead to Yellow: An Interview with Ivan Osypchuk, Business Analyst of Yellow

Find out more about the reasons for joining the Yellow team, the grounds for being passionate about crypto, his opinion on the future of Web3 and current market conditions, and the ambitious mission of Yellow.

Yellow
The Yellow Network Blog
5 min readJul 6, 2022

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Ivan is a Business Analyst at Yellow who enjoys cryptocurrency and is on a mission to transform the global vision into an actual product.

“For two years, I worked as a Business Analyst at Yellow, but as time passed, I became involved in more activities. The evolution of our company is fascinating, so it was impossible not to find something interesting besides the BA responsibilities. Eventually, this fact led to my professional transition from BA to Product Manager & Community Enthusiast in Yellow & Openware. It’s also worth mentioning that Louis, CEO & Co-Founder of Yellow, and our team literally saved my life when I needed a medical emergency after the terrible incident happened once. Thanks to them, the necessary amount of money was raised in a week. So I can’t be more grateful and happy to be a part of the Yellow family.”

Ivan got a master’s degree in Telecommunication Networks and Systems from the National Technical University of Ukraine “KPI.” He started his career path as BA in VEON (parent company of Kyivstar, the leading mobile operator in Ukraine).

Being a teenager, he played poker professionally using the account made by his father’s ID. That helped him a lot in two ways: he was able to get his first capital and obtained an opportunity to build a solid mathematical base related to the ability to make quick decisions in various circumstances. It was also a surprise for him that the same type of Nash equilibrium and some other familiar risk models are also applicable in trading.

Q: Why did you join Yellow?

I was looking for a new step in my professional career in the summer of 2020. Being keen on crypto, I was searching for crypto job opportunities. This way, I met AlexBA on my first interview for Helios Technologies at that time (later Openware and then Yellow after the merge). Job description, working environment, project — everything was on point. And it all has been rapidly evolving since that day.

Q: How did you get hooked on crypto?

I have a close friend who is ten years older than me. He is absolutely crazy about science and modern technologies; he was mining LTC in 2012–2013. Thanks to him, since that time, I have started to follow topics about blockchain & crypto. Soon I got into ETH, and it was obvious to me that smart contracts are a thing and it will be a top-tier technology in the near future.

Q: What is your favorite blockchain project?

Yellow Network is out of a contest in this question because it’s evident that the project that I attach myself to is my favorite. Besides it, Polygon is a truly fascinating project. It’s inspirational how big and powerful communities could be if they are filled with talented and motivated people.

Q: What have you learned while working in Yellow?

I’ve learned a lot about trading, maintaining and developing the exchanges, working with customers and their needs, blockchain networks, their interactions, ways to interconnect, and potential bottlenecks. This valuable experience helped me understand what is good and applicable to the crypto industry and what activities are not worth our time and money.

Q: Why does Web3 matter?

Web technology has already evolved into one of the mandatory pieces of our modern life. We browse data and content, use file storage, operate with banking and payment applications, and all this on a daily basis. Historically Homo Sapiens tend to improve things that are vital for them, and precisely the same is with the Web.

It’s just impossible to ignore the fact that we need appropriate abilities to protect the things we value the most throughout the Web and take back control and ownership of our data.

What also matters here is that this complete transition from Web2 has to be done in a decentralized way, so the data won’t be owned by the network itself but will be owned by the entities who can handle its sharing and usage. We are moving to the smart and well-blended Era of Web2 and Web3.

Q: What do you think about the current market condition?

We find ourselves in the epicenter of a world upheaval. We must not forget the real reason for this market condition: the horrible war Russia has started. Unfortunately, people are shocked, and, logically, global purchasing power has dropped, including the market of goods, stock market, and relatively new markets like crypto.

At the same time, we understand that the cool features of the various projects didn’t disappear: ETH smart contracts still rock, MINA still stores transactions in the succinct form of 22KB, and Polygon is still fully green with its scalable solutions, etc. Prices drop and rise, and we got used to it. As soon as the market is filled with users’ money again, which they are ready to invest in, all killer features of the blockchain projects will pay for themselves and directly influence the tokens’ prices. Those who don’t have that killer feature have to be working on it at this exact moment. That’s why we usually say that a bear market is for building:)

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