Behind a popular crypto tracking app that reaches 300K active users [INTERVIEW]

Published on by Cryptoslate | Published on

He created CoinStats, now one of the most popular crypto apps on the market with 300,000 active users and over 80,000 5-star reviews.

Below is our exclusive interview with Narek on the challenges of building a popular app for crypto users, how he became involved in blockchain and where he believes the industry is headed in the future.

I'm like, there should be an app for doing this, I downloaded some of the apps available back then and all of them seemed to be pretty hard to use for a crypto newbie like I was.

I believe, we unintentionally developer an app for newbies and it appeared that 95 percent of people in crypto back then and during 6-12 after that were newbies like we were.

What are the benefits of using CoinStats as opposed to other portfolio tracking apps?

Some of the competitors claim that they are completely free, but in fact, the services they offer are also free in the CoinStats app.

NG: We have a great vision we're moving towards is to become an interface to crypto.

What are the biggest challenges of building an app for crypto users?

Do you have any blockchain and/or crypto predictions for 2020 and beyond?

NG: We have already seen one mainstream adoption in January 2018, pretty much everyone in the world was talking about crypto back then, CoinStats was a top searched keyword on US app store, but it was purely based on speculation and did not last long.

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