Hexel
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Hexel was a Y Combinator Winter 2018 startup that let anyone create a cryptocurrency for their community. Built on Ethereum-based tokens, the platform targeted hyperlocal groups such as subreddits or gaming channels that wanted their own token to engage members. It was founded by John Palmer and based in New York and San Francisco.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- YC Winter 2018
Hexel joined Y Combinator's Winter 2018 batch with a $120,000 pre-seed investment, building a platform for community cryptocurrencies. It is now listed as inactive by Y Combinator and closed by company databases.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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