The Charles Read Story: Creating A Blockchain Empire In His 20s

Charles Read, 27, is a founding associate at one of many blockchain trade’s most energetic Web3 funds: Rarestone Capital. He’s additionally amassed a following of over 20,000 Twitter followers who flip to him for the most recent information, perception, and oftentimes humor from the trade. 

Read comes from humble beginnings and used his skillset of connecting folks to construct one of the vital influential communities in crypto. This invite-only group just isn’t publicized and has introduced collectively a few of the greatest names within the area. For Read, this realization got here after a journey full of private trial and error in addition to deep exploration.

“I grew up pretty poor. My father left when I was young and I grew up with my mum and brother. I went to a pretty average school,” Read stated in an interview, somewhat nonchalantly. “I always knew I’d do some cool stuff but it took me forever to figure it out – I pretty much job hopped and used my summers to travel the world until my early twenties. I couldn’t decide what I wanted to study either” 

Rarestone Capital is now one of many trade’s top-performing funds, making over 25 investments in 2021. Aside from Rarestone Capital, Read is the CEO at Rarestone Labs – a portfolio challenge accelerator targeted on token launches. In Q1 2021, Rarestone Labs booked 7 determine revenues. Outside of labor, Read has a 10-month-old daughter and is a first-rate instance of somebody leveraging the facility of decentralized groups and work to strike an vital steadiness in life.

A Different Career Path

When I requested Read what the turning level was in his profession he stated, “I have a highly addictive personality, but I also get bored quickly. I never got bored when I discovered blockchain. Its use cases were a convergence of all my favorite areas of technology.”

This appears to be a standard development within the blockchain trade. It attracts high-performing people who may lack conventional credentials, however carry a deep ardour and curiosity for being on the cutting-edge of an rising trade.

Read is a writer himself and makes use of his platform to coach individuals who “have the right curiosity but might need a little nudge in the right direction”. He’s a giant believer that the blockchain trade is being constructed by millennials and gen-z who “grew up in the internet” and have a playful curiosity for expertise, nevertheless clunky and new it could be. Most of us bear in mind dial-up and minesweeper. 

What’s Next?

It is protected to imagine Rarestone Capital will nonetheless be a major focus for Read and his group. The firm has not too long ago invested alongside the likes of Mark Cuban and a few of the greatest funds on this planet in seed-stage initiatives. Beyond Rarestone, Read has some clear-cut targets round giving again the place he can and serving to individuals who may want some course in life.

“Philanthropy – once you start to make money that can change the lives around you very easily, that should really be your focus in my opinion. I need to make sure my family is taken care of, and then I’ll look to focus my efforts on making technology more accessible for everyone. Something I am so grateful for now is that I had access to a computer from a young age, I absolutely would not be who I am without that.” 

There is little question that Read will proceed to battle for what he believes whereas contributing again to individuals who is perhaps in comparable positions as he was prior to now. Rarestone can also be ready to proceed taking part in an vital half within the adoption and emergence of blockchain sub-industries like NFTs – an trade Read has been very concerned prior to now few years.

It can be inspirational to see what occurs when all of those worlds, together with philanthropy, collide. 

Published May 2nd, 2021

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