Draft:Kirill Sagitov
{{Short description|Russian entrepreneur, innovator, startup founder}}
{{Draft topics|biography|internet-culture|media}}
{{AfC topic|blp}}
{{AfC submission|||ts=20250413005626|u=Nikitamalugin|ns=118}}
{{AfC submission|d|ts=00:55, 13 April 2025 (UTC)}}
{{Infobox writer
| name = Kirill Sagitov
| image =
| image_caption = Kirill Sagitov speaking at Saint Petersburg University
| birth_date = March 17, 2001
| birth_place = Ufa, Bashkortostan, Russia
| citizenship = {{flag|Russia}} {{flag|El Salvador}}
| occupation = Entrepreneur, programmer, businessman
| notable_works = BULL RUN: Biography of a 23-year-old crypto exchange owner
| awards = Young Entrepreneur of Russia 2019 (Rostov region)
}}
Kirill Sagitov (born March 17, 2001, Ufa, Republic of Bashkortostan, Russia) is a Russian entrepreneur, winner of the regional stage of the Young Entrepreneur of Russia 2019 competition, founder and co-founder of startups in digital education, cryptocurrency technologies, web development, artificial intelligence, and decentralized finance. He is also an author and has been a member of the Forbes Technology Council since 2025. He is the owner of the cryptocurrency exchange coytx.com.
Biography
Kirill Sagitov was born on March 17, 2001, in Ufa, Republic of Bashkortostan. He spent most of his life in the Rostov region, where his family moved due to his father's service.
At the age of 12, he began learning the basics of web development on his own, creating his first websites{{cite web|title=Kirill Sagitov: "If I like something, I just do it!"|url=https://zhazhda.biz/interviews/kirill-sagitov|publisher=zhazhda.biz|date=2022-05-17}} and looking for online income sources. He won a school-level "Best Website" competition during his school years.
In 2017, after finishing ninth grade in a rural school, he moved to Novocherkassk and enrolled at a college affiliated with South-Russian State Polytechnic University. In 2018, he won the "Scientific Elite" award and entered the Southern IT Park accelerator,{{cite web|title=How to make money on reviews and earn up to 5,000 rubles a day for your opinion|url=https://pro.rambler.ru/rabota/54478566-kak-zarabotat-na-otzyvah-i-poluchat-do-5-tysyach-rubley-v-den-za-vashe-mnenie/|publisher=rambler.ru|date=2025-04-08}} where he won the "47 Hours" hackathon{{cite web|title=Hackathon "47 Hours" took place in Rostov-on-Don|url=https://www.1rnd.ru/news/2242981/v-rostove-na-donu-prosel-hakaton-47-casov-bez-sna-i-otdyha-no-s-kucej-idej/|publisher=1rnd.ru|date=2018-12-11}} and presented a speed-reading app called "Athena," which was sold over 100 times on its first day.
Since February 2022, he has been living abroad, mainly in Dubai, United Arab Emirates. In 2024, he released the book "BULL RUN: Biography of a 23-Year-Old Crypto Exchange Owner" and in 2025 launched a new cryptocurrency exchange — coytx.com.
Entrepreneurial Activity
= Early projects =
While studying, he started his entrepreneurial journey by developing mobile apps, a 24/7 fast-food delivery service, a web studio, and an educational project "Kangaroo Code" — one of the first online platforms in Russia and the CIS for teaching programming to children aged 6+. He also planned to launch a satellite.{{cite web|title=Sagitov's team announces date of Russian satellite launch|url=https://mockvanews.ru/komanda-kirilla-sagitova-rasskazala-o-date-zapuska-rossijskogo-sputnika/|publisher=mockvanews.ru|date=2019-08-13}}
In 2019, he raised his first investment of 400,000 rubles{{cite web|title="We aim to earn 4 million rubles in profit by the end of the year"|url=https://rb.ru/young/kenguru-kod/|publisher=rb.ru|date=2020-08-14}} and won the regional stage of the "Young Entrepreneur of Russia 2019" competition.{{cite web|title=Young Entrepreneur of Russia 2019|url=https://161.ru/text/longread/2019/11/22/66362191/|publisher=161.ru|date=2019-11-22}}
= Kangaroo Code Programming School =
On May 27, 2020, Sagitov registered Kenguru Kod LLC. In 2021, the company obtained an educational license (No. 7220) and raised 7.4 million rubles in funding. That year, the company had a revenue of 677,000 rubles and a loss of 703,000 rubles. In May 2022, the company was liquidated, and Sagitov withdrew as a co-founder.{{cite web|title=Kenguru Kod LLC|url=https://www.audit-it.ru/contragent/1206100018959_ooo-kenguru-kod|publisher=audit-it.ru|date=2022-05-19}}
= Other Projects (2019–2020) =
During this period, Sagitov launched various experimental projects including:
- 1startup — a media about startup culture
- KHear — headphones with environmental analysis features
- Inners — futuristic footwear made from recycled materials{{cite web|title=Sagitov sells sneakers and faith in the company|url=http://www.projects.innovbusiness.ru/PressReleaseprojects/PressReleaseShow.asp?id=727628|publisher=innovbusiness.ru|date=2020-09-08}}
These initiatives were not commercially successful but contributed to his local recognition.{{cite web|title=The new generation prefers "business for fun"|url=https://expertsouth.ru/articles/novomu-pokoleniyu-blizhe-biznes-po-prikolu/|publisher=expertsouth.ru|date=2020-04-15}}
= Cryptocurrency Activities =
In 2020, he moved to Yekaterinburg and later to Saint Petersburg. He became involved in cryptocurrency trading and began attracting investors through social media. In May 2021, he lost all of his assets due to a market crash and paused trading.
In the summer of 2021, he launched several crypto startups:
- ETFex — decentralized Nasdaq100 analog
- HoldBuyCoin — payment and IDO system
- Lama (formerly Alpaca) — staking pool and accelerator{{cite web|title=Alpaca Foundation to foster unicorn startups|url=https://ekb.plus.rbc.ru/partners/61cac9ef7a8aa9ba19802f87|publisher=rbc.ru|date=2021-12-29}}{{cite web|title=Alpaca Foundation: First charitable crowdfunding for startups|url=https://www.nasdaq.com/press-release/alpaca-foundation-the-first-charitable-crowdfunding-for-startups-launched-by-sagitov?fbclid=PAAabdPez4RF8C63zBh86wgIg2apdWi-K64Wi7AXWW-bEzuiY1QGPJRj8OmF4_aem_AfX3FesXJAn0LtZIRZjjLGNWV7__rvmJocSXGdQRejAN1NGHXiglJ0xsfV2J_OuIwMQ|publisher=nasdaq.com|date=2021-11-24}}
- Alpac Wallet — decentralized crypto wallet
- 2BIT — platform for airdrop activities
Most projects were closed before active marketing, but their infrastructure and learnings were later used to create the decentralized exchange DexCoyote.
= DexCoyote =
On November 6, 2021, Sagitov introduced DexCoyote, a platform allowing users to launch tokens on major blockchains.{{cite web|title=DexCoyote enables token creation in 1 minute for $2|url=https://guardian.ng/news/dexcoyote-will-help-issue-a-cryptocurrency-token-in-1-minute-and-2/|publisher=guardian.ng|date=2023-05-18}} The project raised over $250,000 in funding,{{cite web|title=Current valuation exceeds $5,000,000|url=https://www.forbes.pl/kirill-sagitov-pozyskal-nowe-inwestycje-w-dexcoyote/mn8z644|work=forbes|date=2022-12-07}} including $100,000 from the Regolith fund.{{cite web|title=Venture capitalists valued Alpac Wallet at $500,000|url=https://decenter.org/vienchurnyie-inviestoryie-otsienili-startap-alpac-wallet-v-500-000/|publisher=decenter.org|date=2022-06-06}} In March 2023, the platform achieved a record $18 million in daily transactions and briefly ranked among the top 6 DEXs.{{cite web|title=DexCoyote's daily trading volume exceeded $1.5M|url=https://news.bitcoin.com/dexcoyotes-daily-trading-volume-exceeded-1-5-million-and-broke-into-the-top-6-dex-exchanges-on-dappeadar/|publisher=bitcoin.com|date=2023-03-27}}
On June 27, 2024, operations were suspended due to funding shortages and rising competition.
In August 2024, *DexCoyote Legends*, a Telegram-based game, was launched, attracting 200,000+ users and $300,000+ in deposits. The project was temporarily suspended due to technical issues, with a relaunch planned for May 2025.
= coytx.com =
In September 2024, Sagitov began developing *coytx.com*, a cryptocurrency exchange with AI-based tools including trading strategy analysis, social sentiment tracking, and smart contract auditing.
The platform launched publicly on January 30, 2025, with a $1.5M investment round and media coverage citing Sagitov as the CEO of coytx.com.
Forbes Membership
In March 2025, Sagitov joined the Forbes Technology Council.{{cite web|title=Kirill Sagitov on Forbes.com|url=https://www.forbes.com/councils/forbestechcouncil/people/kirillsagitov/|work=forbes.com}} He published the article *How AI Social Sentiment Analysis Is Changing Stock Price Predictions*{{cite web|title=How AI Social Sentiment Analysis Is Changing Stock Price Predictions|url=https://www.forbes.com/councils/forbestechcouncil/2025/04/09/how-ai-social-sentiment-analysis-is-changing-stock-price-predictions/|work=forbes.com|date=2025-04-09}} and contributed to a panel on tech trends.{{cite web|title=20 Tech Innovations With A Surprising Impact On The Future|url=https://www.forbes.com/sites/forbestechcouncil/2025/04/07/20-tech-innovations-with-a-surprising-impact-on-the-future/|work=forbes.com|date=2025-04-07}}
Personal Life
Sagitov keeps his personal life private. While it is known that he is in a relationship, he does not disclose details about his partner or family.