WATCH: MyCrypto CEO Taylor Monahan on Crypto Adoption and Ethereum

CoinDesk sat down with MyCrypto CEO Taylor Monaghan at Devcon 5 to discuss her crypto journey.

AccessTimeIconOct 15, 2019 at 3:30 p.m. UTC
Updated Sep 13, 2021 at 11:34 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

At Devcon 5 last week, CoinDesk’s Leigh Cuen sat down with MyCrypto CEO Taylor Monahan to chat about user adoption and the state of ethereum.

Founded in 2015, MyCrypto makes the blockchain more accessible through customer-first products for ethereum and ERC-20 tokens.

As Monahan told CoinDesk, MyCrypto focuses on the customer experience:

“People are used to the Googles and the Facebooks and you type in your username and your password and if you forget it like they’ll recover it for you and everything’s fine. And then they enter crypto and it's like, 'No, that’s not how the world works.'”

As a wallet provider, MyCrypto is the first touching point for many crypto newbies, and onboarding non-crypto customers to crypto has its own set of unique challenges.

Monahan said:

“How can we make this similar to existing systems? And where it just is different, how can we educate the user? Because at the end of the day, we do want people to hold their own crypto.”

Taylor Monahan image via Brady Dale for CoinDesk

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.