Converting or swapping assets between Bitcoin and other blockchains has never been easy. Often, people rely on third parties or bridges for assistance. These bridges are typically centralized and operated by a small number of validators, making them vulnerable to hackers and fraud. Moreover, Bitcoin asset owners must relinquish self-custody.

I was joined by Niusha and Mahyar, Co-founders of TeleSwap, to discuss how they conceived the idea of TeleSwap and why they believe they have a better solution. Enjoy our conversation!

Follow Niusha (@__nemo__omen), Mahyar (@mahyar_daneshpajooh) and TeleSwap (@Tele_Swap) on X

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Show Notes:

01:00 Introductions

01:20 Two co-founders’ educational & professional backgrounds

06:21 TeleSwapbusiness concept genesis and development

07:17 Pain points that TeleSwap addresses

10:00 Differences between trustless and centralized bridges;

11:27 Mechanism how TeleSwap works as a trustless bridge

19:36 Expanding TeleSwap's reach

22:09 Meme coins on Bitcoin

24:27 Teleswap’s user profile and hurdles to overcome

33:50 Its competitors

34:39 Investors and backers

36:32 Recommendations for founders in different market cycles

30:00 Their plans for TST

39:44 Future vision, market sentiment, AI

43:10 Closing remarks