Coinpanda - Cryptocurrency Tax Calculation App

Cryptocurrency Taxation

$35,000 coinpanda.io
Overview
Summary
Coinpanda provides an easy-to-use app for calculating cryptocurrency taxes, supporting over 7,000 cryptocurrencies with integration to 100+ exchanges and services globally.

Unique Aspect
Coinpanda's user-friendly interface and comprehensive tax solutions set it apart in the cryptocurrency taxation market.

Approach to kick off
The founder, lacking coding skills, outsourced development to create a tax solution based on personal experience and extensive market research.
Scoop
Business Model Viability
Given the increasing complexity of cryptocurrency taxation, Coinpanda's solution is likely to see sustained demand and growth.

Future Projections
Coinpanda aims to enhance its offerings and potentially expand globally, capitalizing on the growing need for cryptocurrency tax solutions.
Startup Stats

πŸ“Š ARR: $420,000

πŸ“ˆ MRR: $35,000

πŸš€ Startup Costs: $2,000

πŸ‘₯ Team Size: 6

🌍 Market: Cryptocurrency traders and investors requiring tax solutions

πŸ‘¨β€πŸ’» Users:

πŸ’° Funding: Bootstrapped

πŸ‘¨β€πŸ’Ό Founders: Eivind Semb
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