The Index Podcast
Sept. 23, 2024

Solana Startup Series: Tommy & Taylor Johnson, Co-founders of Armada and PsyOptions

What does it take to build a successful startup in the blockchain space? Join us for a special episode of The Index podcast as part of the Solana Startup Series, featuring twin co-founders Tommy and Taylor Johnson. The two brothers share their startup journey in the crypto world, from Tommy’s early days in the blockchain scene in 2014 to their significant pivot to Solana in 2020. The Johnson brothers provide a detailed account of how they overcame initial hurdles, such as the lack of development frameworks and tools, and how their perseverance led to the innovative project, PsyOptions, which won a Solana hackathon in 2021. Their story is about technical achievements and the founders spirit and resilience required to adapt and thrive in a fast-growing industry.

The discussion delves into their new project, Armada, and their work on staking and tokenomics infrastructure within the Solana ecosystem. They provide insights into validating market demand, collaborating with teams like Hero and Bonk, and emphasize the importance of pattern recognition and perseverance in entrepreneurship. The twins also reflect on the unique challenges and advantages of working together as siblings. From navigating VC funding to balancing family life, this episode is packed with practical advice and serves as another inspiring Solana startup story.

Show Links

The Index
X Channel
YouTube


Host - Alex Kehaya

Producer - Shawn Nova

 

 

Chapters

00:06 - Building on Solana

08:26 - Navigating the Foundation Structure

14:05 - Navigating Product and Business Model Fit

23:40 - Finding the Next Business Opportunity

34:46 - Navigating VC Funding and Entrepreneurship

37:46 - Sibling Dynamics in Entrepreneurship