Tim Draper Joins Board of MakeSense Labs

A venture capitalist and an early investor in Skype, Baidu, and Tesla, Tim Draper, has joined MakeSense Labs’ board. MakeSense Labs is the provider of a messaging application developed on the EOS blockchain.

RevealedMonday, the appointment came after the August launch of the startup’s Sense.Chat on Android and iOS.

Since 2014, Draper has made headlines because of his dynamic interests in the crypto space, including driving financing rounds in Coinbase and Ledger, and buying 30,000 bitcoin at a government auction. In October 2014, Draper anticipated bitcoin would ascend in cost to $10,000 within three years.

“We are very excited to have Tim’s support and advice. He’s been a massively important and pivotal figure in technology, and recently in the blockchain. He’s everything we want to emulate in our leadership – he’s creative, supportive, and passionate,” said Sense.Chat CTO Ben Sigman.

Sense.Chat permits EOS accounts to message and send assets to each other on cell phones, without having another party’s phone number or email address. The messages stay private and secure via public-key encryption.

“The world is becoming decentralized. I am excited to support this amazing application. Sense.Chat improves human connections by allowing private, seamless messaging and payments,” Draper said in the declaration.

Draper earlier staked an undisclosed sum in Make.Sense Labs’ parent firm, Sensay, through his venture capital company Draper Associates.

He also serves as a headmaster at a school for entrepreneurship, Draper University.