#98: Managing Ops for a Web3 Foundation (Everclear) with Max Kalyuzhnyi

Max Kalyuzhnyi, Head of Operations at Everclear Foundation, shares his journey from Big4 audit to web3 finance. We cover token migrations, fundraising, vibe-coding, and the tools he uses for web3 ops, from Toku & Sablier to Integral, Rain, and Dakota.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠⁠⁠https://app.theaccountantquits.com/ ⁠⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠⁠⁠⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Max Kalyuzhnyi: https://www.linkedin.com/in/maximkalyuzhnyi/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠⁠ Topics covered(0:00) Coming Up(2:52) Career transition into web3(6:02) Overview of Everclear(8:58) Bridging example(11:02) Fees of Everclear(12:27) Subledger implementation(14:33) Switching from Bitwave(17:38) Creating chart of accounts(19:12)  Feedback for subledgers(22:23) Get 2 months for free with Request Finance(24:02) Fair value gain after TGE event(29:00) Token migration & coordinating with exchanges(36:06) Service providers for token migration(37:44)Tools for token distribution(42:26) Toku, Sablier & custom contracts(44:00) Cost optimization(50:15) Other tools for web3 ops(52:41) AI-Assisted vibe-coding(56:40) Advice for web3 transition(59:17) Reach out to Max Kalyuzhnyi

Deloitte has been on the front lines of digital assets, working with exchanges, custodians, stablecoin issuers, and enterprises to bring crypto into regulated finance.In this episode, I’m joined by Jérémy Stevance, Manager on Deloitte France’s Digital Assets Team, who has spent the last four years building their crypto audit practice. He’s worked with Web3 leaders like Circle, Binance, and Crypto.com, as well as traditional giants like LVMH and Société Générale.We also discuss Coinia, Deloitte’s proprietary tool that reconciles hundreds of thousands of blockchain transactions directly to client books.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠⁠https://app.theaccountantquits.com/ ⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠⁠⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Jérémy Stevance: https://www.linkedin.com/in/j%C3%A9r%C3%A9my-stevance-084464121/ 🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠ Topics covered(0:00) Coming Up(2:14) Blockchain nodes and completeness (7:36) Third-party data provider(11:20) Working with Deloitte’s global network(12:22) Proving ownership of wallets(16:37) Ensuring wallet completeness(18:29) Get 2 months for free with Request Finance(20:20) Wallet documentation(21:46)  Auditing crypto exchanges(26:09) Accepting an audit engagement(28:40) How Jérémy transitioned from web2 to web3(34:05) Deloitte clients(36:05) Proof of reserves with Circle(39:00) Adoption of crypto from enterprises in France(44:17) Relying on subledgers(46:18) Advice for web3 career(49:29) Reach out to Jeremy

Should a crypto subledger do more than just bookkeeping and reporting?Kryptos began as a retail-focused crypto tax tool. Today, it has evolved into an enterprise-grade accounting platform, offering not just bookkeeping, but also treasury management, token vesting, payroll, invoicing, audits, and even proof-of-reserves.On Episode 96, we spoke with Sukesh Tedla, CEO of Kryptos, to discuss their leap from consumer to enterprise, the hurdles of adoption, and how automation and AI are reshaping the future of crypto accounting✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠⁠https://app.theaccountantquits.com/ ⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠ 🎙️ Follow Episode Guest Sukesh Tedla: ⁠https://www.linkedin.com/in/sukeshtedla/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠ Topics covered(0:00) Coming Up(1:54) Why launch a subledger(3:20) Using Kryptos SDK(7:43) Retail tax calculators switching to enterprise(11:01) Enterprise v/s retails sales(12:04) Custom enterprise requirements(14:19) All-in-one subledger(16:21) Partnerships & integrations(17:22) Get 2 months for free with Request Finance(19:01) Kryptos Enterprise demo(29:09) Pricing(32:05) AI-powered crypto accounting(34:35) Adoption of crypto in Sweden(36:39) Closing Thoughts(38:22) Reach out to Sukesh

Navigating Web3 operations isn’t always glamorous.While developers are busy building, someone needs to ensure the machines run smoothly behind the scenes.Sarah Luehrs is the COO at Union Labs, and she pulls back the curtain on what it takes to navigate web3 operations and scale a remote-first team.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠⁠https://app.theaccountantquits.com/ ⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠ 🎙️ Follow Episode Guest Sarah Luehrs: https://www.linkedin.com/in/sarah-luehrs-2609b181/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠ Topics covered(0:00) Coming Up(2:36) How Sarah started in web3(6:30) From Tokensoft to Union Labs(7:12) What is Union?(9:32) Challenges of web3 operations(12:35) Recurring tasks(15:11) Secrets to CEO/COO Harmony(17:47) Get 2 months for free with Request Finance(19:25) Challenges of treasury management(22:58) Web3 tools (payroll, subledger)(28:13) Working on a token launch(29:51) Token launch checklist(32:58) Challenges setting up a Foundation(36:43) Head of Foundation in Cayman Islands?(38:34) How to have a web3 career (41:02) Favourite learning resources(44:22) Sarah’s maxim(47:19) Reach out to Sarah on X

Ep. 94 dives into the newly signed GENIUS Act and what it means for stablecoin issuers. I’m joined by Nestor Dubnevych (Legal Nodes) to unpack its impact on licensing, compliance, and cross-border operations. We also cover global regulatory trends and what teams need to know when building crypto payment products.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - ⁠https://app.theaccountantquits.com/ ⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠⁠https://www.theaccountantquits.com/free-class⁠⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠https://x.com/accountantquits⁠⁠⁠ 👉 YouTube: ⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠ 🎙️ Follow Episode Guest Nestor Dubnevych: ⁠⁠https://www.linkedin.com/in/nestor-dubnevych/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠ Topics covered(0:00) Coming Up(2:14) GENIUS Act Explained(4:51) Winners & losers of GENIUS Act(7:00) Compliance costs(11:37) Future of stablecoins and banks(14:03) On-ramping & off-ramping opportunities(16:33) Get 2 months for free with Request Finance(18:12) Yield-bearing stablecoins(21:42) Global stablecoin regulations(24:36) Compliance for crypto payments gateways(27:42) Geographical use case trends(30:10) RWA compliance(35:05) Legal Nodes services(37:41) How Legal Nodes evolved since 2018(39:21) Clarity Act(40:57)  Regulatory interoperability(43:48) Reach out to Nestor or Legal Nodes

kpk is redefining crypto treasury management with secure, transparent, fully on-chain systems. In this episode, I speak with Jack Gale, core contributor at kpk (formerly Karpatkey), managing over $1.8B for top DAOs like Gnosis, Aave, ENS, and dYdX.We dive into why an Investment Policy Statement (IPS) is essential for DAOs, how kpk builds trust with crypto-native reporting, and a case study with Beefy Finance using Octav for on-chain data tracking.✅ OUR RESOURCES🌐 Join a global community of web3 accounting & finance professionals - https://app.theaccountantquits.com/ 💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠https://www.theaccountantquits.com/free-class⁠⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠ 👉 Twitter(X): ⁠⁠https://x.com/accountantquits⁠⁠ 👉 YouTube: ⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠ 🎙️ Follow Episode Guest Jack Gale: ⁠https://x.com/iamjackgale🎧 WebsiteFor show notes and past guests, please visit ⁠⁠https://www.theaccountantquits.com/podcast⁠⁠ Topics Covered:(0:00) Coming Up(2:19)  Investment Policy Statement (IPS) for DAOs(5:31) How to start IPS(7:49) IPS for Ethereum Foundation(12:52) Public IPS examples with ENS, Balancer(13:21) kpk services for asset management & financial reporting(16:46) kpk’s early beginnings(18:19) kpk scaling strategy(20:31) Get 2 months for free with Request Finance(22:12) kpk as on-chain agent(27:58) onchain permissions in practice(30:07) Zodiac Roles Modifier for onchain permissions(33:09) kpk’s open-source toolkit(33:47) Live demo of kpk(35:35) kpk’s DeFi treasury platform(41:09) Inside Beefy Finance Financial Report(45:08) Using Octav to build financial reports of Beefy Finance(51:09) Does Beefy use traditional accounting softwares?(52:55) Final thoughts for DAO contributors & founders(55:36) Jack’s quote(56:24) Reach out to Jack or kpk

Web3 is global, but where you set up your company matters. One growing hotspot is Panama.Panama doesn’t have specific crypto laws yet, so Web3 projects don’t need special licenses. It’s unregulated, but still legal. Plus, there’s 0% corporate tax on foreign income, making it a great place for innovation.To break it all down, I’m joined by Edgar Young, Partner at Pacifica Legal, a firm that’s helped over 270 Web3 companies incorporate in Panama.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant ⁠https://www.theaccountantquits.com/newsletter⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠https://www.theaccountantquits.com/free-class⁠ 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠https://www.linkedin.com/school/the-accountant-quits⁠ 👉 Twitter(X): ⁠https://x.com/accountantquits⁠ 👉 YouTube: ⁠https://www.youtube.com/@theaccountantquits⁠ 🎙️ Follow Episode Guest Edgar Young: https://www.linkedin.com/in/dr-edgar-young-773a86218/🎧 WebsiteFor show notes and past guests, please visit ⁠https://www.theaccountantquits.com/podcast⁠ Topics covered;(0:00) Coming Up(0:51) Episode intro(2:35) How Pacifica Legal started(5:53) Panama’s crypto evolution(7:42) Tax environment in Panama(13:17) Tax obligations for founders from Panama(18:38) Thanks to our sponsor Octav(20:20) Token launch setup with SPV & Foundation(24:24) Controlling interest in subsidiaries(26:07) How funds flow between entities(26:56) Setup time & costs(27:51) Sociedad Anónima vs. Foundation(33:20) Bearer shares in Panama(35:42) DAO setup in Panama(38:14) DAO distributions to token holders(39:14) Thanks to our sponsor Request Finance(40:53) Panama v/s Cayman Foundations(45:12) Ownerless Foundation in Panama(47:11) Reputation risks(50:56) Crypto-friendly banks(55:19) Going bankless?(57:04) Pacifica’s crypto legal services(58:17) Onboarding process(59:12) Filing & Compliance(01:01:23) Final Thoughts(01:03:14) Reach out to Edgar

Banking has always been about trust and control. Neobanks upgraded the user experience, but the system remained centralized.Now, we’re in the third wave: DeFi banks, a non-custodial, blockchain-based, and fully user-controlled.Leading this shift is EtherFi, offering a seamless way to save, earn, and spend without traditional banks. Think fiat on/off ramps, asset deployment into BTC, ETH, stables, staking, swapping, and more all in one place.Jozef Vogel, COO of EtherFi, shares how finance professionals can start using these tools in their day to day business.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant https://www.theaccountantquits.com/newsletter🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting https://www.theaccountantquits.com/free-class 🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto https://www.theaccountantquits.com/crypto-accounting-academy ✊ Follow The Accountant Quits on Socials👉 LinkedIN: https://www.linkedin.com/school/the-accountant-quits 👉 Twitter(X): https://x.com/accountantquits 👉 YouTube: https://www.youtube.com/@theaccountantquits 🎙️ Follow Episode Guest Jozef Vogel: https://www.linkedin.com/in/jozefvogel/ 🎧 WebsiteFor show notes and past guests, please visit https://www.theaccountantquits.com/podcast Topics covered;(0:00) Coming Up(0:31) Episode intro(2:38) ether.fi’s growth to $6.8B TVL(6:47) Ether.fi as a DeFiBank - save, earn, & spend(12:32) Thanks to our sponsor Octav(14:15) Ether.fi’s liquid vaults for DeFi rewards(16:20) Onboarding for institutions(18:12) Use cases for off ramping product(20:34) ether.fi’s business model & why DeFi can outperform TradFi(23:59)  Transparency in DeFi (25:15) Subledgers for public DeFi reporting?(26:20) ether.fi Cash product(28:04) Thanks to our sponsor Request Finance(29:34) ether.fi’s corporate card features(31:19) What is a BIN sponsor(32:20) How borrowing works in ether.fi(34:32) Strategy to reach CeFi & neobank users(35:52) Licensing & navigating global regulation.(37:06) Do web3 projects still need a bank?(39:16) Hiring at ether.fi (40:13) Final thoughts(40:44) Partnership opportunities(41:41) Connect with Jozef

In practice, token launches are often delayed, and that can slow down the entire roadmap of a web3 project.Once there’s a traded price for a token, it’s difficult to walk it back. Post-launch valuations are often magnitudes higher than pre-launch ones. That’s why valuation reports have a limited shelf life, and why getting it right matters.My guest is Neil Thakur, Managing Director and Founding Member at Teknos Associates, a crypto valuation & advisory firm.If you’re in the middle of launching a token or structuring your SAFT with lawyers and advisors, this episode could help you avoid some costly mistakes.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠⁠https://www.theaccountantquits.com/free-class⁠⁠🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠⁠ 🎙️ Follow Episode GuestNeil Thakur: https://www.linkedin.com/in/neilkthakur/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠⁠ Topics Covered:(0:00) Coming Up(0:59) Episode intro(2:49) When to get a token valuation & pitfalls(9:14) Shelf life of a token valuation report(11:25) IP valuation & transfer pricing issues(16:04) Transfer pricing for LabCo, Token SPV & Foundation(18:47) Thanks to our sponsor Request Finance(20:27) Token grants & valuation(24:27) Differences with  common option grants (27:42) Checklist for  structuring token grants(31:16) Tax savings through 83b election filing(38:02)  Pricing methodologies for a token pre-launch(44:00) Thanks to our sponsor Octav(45:40) What if you forgot to file a 83(b) election(48:05) Donations and gifting with HNW individuals (50:31) M&As in web3 & valuation issues(53:49) Provisions for protection against token considerations for M&As(55:19) Level 2 and Level 3 crypto assets(01:00:40) Overview of Teknos Associates services(01:04:33) Onboarding of a client(01:07:35) Services after a token launch(01:09:31) Closing thoughts(01:12:26) Reach out to Neil

Before a token hits the market, founders face complex legal and tax decisions that can make or break their project.Where to incorporate? What type of token to issue? How does your personal residency affect taxes?On Ep. 89, I’m joined by Jonathan Turnham, Managing Partner at NXT Law, who’s helped launch over 350 Cayman Foundations and advised crypto projects since the ICO era.If you're involved in a token launch, this episode could save you from major legal headaches.✅ OUR RESOURCES💌Join our weekly free newsletter and become a confident web3 Accountant ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/newsletter⁠⁠⁠⁠⁠🤓 Join the FREE Crypto Accounting Class & learn how to start working in web3 accounting ⁠https://www.theaccountantquits.com/free-class⁠🙌 Join the next cohort of the Crypto Accounting Academy and learn how to manage a business using crypto ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/crypto-accounting-academy⁠⁠⁠⁠⁠ ✊ Follow The Accountant Quits on Socials👉 LinkedIN: ⁠⁠⁠⁠⁠https://www.linkedin.com/school/the-accountant-quits⁠⁠⁠⁠⁠ 👉 Twitter(X): ⁠⁠⁠⁠⁠https://x.com/accountantquits⁠⁠⁠⁠⁠ 👉 YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@theaccountantquits⁠⁠⁠⁠⁠ 🎙️ Follow Episode GuestJonathan Turnham: ⁠https://www.linkedin.com/in/jonathan-turnham/🎧 WebsiteFor show notes and past guests, please visit ⁠⁠⁠⁠⁠https://www.theaccountantquits.com/podcast⁠⁠⁠⁠⁠ Topics Covered: