Keith A. Grossman, the president of TIME, has left the worldwide media firm to hitch the fintech firm MoonPay. Grossman introduced through Twitter that, after being with TIME for 3.5 years, he has accepted the function of president at MoonPay’s enterprise division.
Let’s dive into Grossman’s transfer to MoonPay and what he’s performed for TIME.
Shifting to MoonPay
On December 31, 2022, Grossman will go away TIME and start his place as at MoonPay within the new yr. Additional, the brand new place will permit him to carry world-famous manufacturers into Web3 by onboarding them via MoonPay. Grossman voiced to DeCrypt that Nike and Common Photos are a few of the main firms he wish to work with.
Keith Grossman brings TIME to Web3
After serving because the Affiliate Writer of WIRED and World Chief Income Officer of Bloomberg, Grossman joined TIME in 2019. As a crypto and NFT fanatic, the chief was in a position to make the most of his passions to develop the media firm. Moreover, in a tweet, Grossman talked about that he observed that Web3 was too huge to disregard and that it “supplied an evolution from on-line “rentership” to “possession.” Because of this, Grossman took motion. Intimately, the media firm launched an NFT assortment titled TIMEPieces that profited over $10M within the first 12 months. He has now gained recognition for bringing TIME Journal into Web3.
On the identical time, we confirmed that it was potential to execute a profitable enterprise whereas genuinely adapting to this new ecosystem netting over $10M in revenue in its first 12 months & additionally donating over $600K to non-profits.
— Keith A. Grossman ⏰ (@KeithGrossman) November 28, 2022
Launched in 2019, MoonPay gives a easy means to purchase and promote cryptocurrencies and NFTs from all around the world. Furthermore, in November 2021, the startup closed their Collection A funding spherical at $555 million, making it the highest-valued Collection A for any crypto firm. To not point out, Ashton Kutcher, Gwyneth Paltrow, Justin Bieber and Snoop Dogg are just a few of the celebrities that invested within the firm.