Market Town

To understand our company, it’s important to understand the modern, economically active person. They want to pay their fair share of tax to support public infrastructure, but they do not want the government or a bank interfering with their finances, like freezing their business account for obscure reasons, or printing their currency into obscurity.

We’re building a mobile product for this demographic, directly on the Bitcoin network. Several hundred million people, widely dispersed around the world, building a better life for themselves and their dependents.

We’re giving them a place to save, pay bills, do business, and file taxes.

Some users may have our app downloaded in case they need to receive some emergency cash from family while travelling abroad, or they may use it to keep a rainy day fund that’s truly safe from everyone and everything.
Others may use it for regular remittance payments, avoiding journeys with cash to a store to use Western Union.

Market Town is cheaper, faster and more secure, and it goes right to the recipient’s pocket.

At the end of their financial year, tax obligations are handled with clarity and warmth by an accountant who understands a blend of local currencies and Bitcoin.

We believe the future of finance is internet-native and global. We love high-quality money and economically active people.

This new permissionless economy is going to be available to everyone with a mobile device.

The bitcoin network is about to become a beautifully crafted consumer experience.

I studied finance for ten years. After eighteen months interviewing potential co-founders, attending accelerators and applying to YCombinator, I stopped trying to force a company into existence and articulated the vision to my immediate network.

A local engineer cold DM’d me on LinkedIn and things started moving. David Carboni’s message was the founding moment of the company, and a defining moment in my life. He is the hearth around which others gathered.

Having agreed on a direction, our earliest conversations also covered the nature of our collaboration. We’d slowly walk a path of earnest curiosity, ignorant of the wider tech industry which constantly demands a new reaction.

As a company, we wouldn’t care about Web2, Web3, Bitcoin, or whatever’s blowing up this week in Silicon Valley. We cared deeply about the Bitcoin *network*. Our sole mission was to make it accessible. And if this attitude didn’t attract more teammates, so be it. However, collaborators quickly appeared. Few got it, but the right people did, like DFINITY founding designer Alex Lambert.

Not raising seed investment meant we didn’t have a runway. We were immortal. As year one concludes, the landing page will turn into a website, with links to prototypes for consumers and business.

But the real progress has been the formation of a company of people working together: one designer, two engineers, and a product development team of three crafting gorgeous user experiences.

Henry Murray-Smith, Founder