czwartek, 19 września 2019

Agency ICOLE - IT Reactor

As some of you know the new job has brought my focus on a different aspect of running a Startup. This has made my Agency Icole to start a new project called IT Reactor but we do not want to leave our experience and contacts in the financial world. 

We have decided to join this two, on first look, distant fields: IT and Financial Infrastructure into one offering of our Agency directed to the Startups from Central and Eastern Europe. 

That way we will provide a truly nuclear fusion of knowledge, contacts, and experience to serve all the needs of our customers from the Ideation stage to the Production Deployment and Maintenance. 

Combining this two IT and Financial architecture together with the expansion of our connections in the corporate world will make our Agency truly unique on the stage and with time will bring the attention of Startup's Accelerators that will want to partnership with us.

niedziela, 14 lipca 2019

The Pilgrim

"Pilgrim" van Cyprian Kamil Norwid.
Translated by Thaddeus T. Hutyra.

Above classes is a classes' class,
As a tower above flat houses
Projected, sky - high...

You think that I am not a lord,
Because my house movable
Of camel's skin?...

Yet though, I remain in the heaven's bosom,
Which carries away my soul,
Like a pyramid!...

Yet though, I also have so much land,
As my foot covers,
Wherever I go!...

niedziela, 7 lipca 2019

New Chapter - Gliwice

So the new chapter in my life has just begun. I have just moved to the city of Gliwice to start a new job there. Through July I will finish my work in Asseco, working remotely and starting in August I will begin a new job in another Polish IT company. 

It's a medium-sized family business where I will take the lead position, as the Senior Developer responsible for transforming their software into web-based one. Please, wish me a stroke of good luck. It will be a real challenge.

piątek, 28 czerwca 2019

Summer Break

We have decided to make a summer break for Agency Icole. We have started some talks with leading Polish bank and my former employer on the Shareholder Registry. We want to make a joint project with them.

The product is really promising, as starting from 1 January 2021 every joint-stock company in Poland will need to use it and nobody is thinking yet about delivering it. The work has just started in the Parliament so we are not surprised by the status quo.

The problem is that the Bank with who we talk is changing the top director of their Brokerage House and it is not a moment for talks about a new product. We have contacted several other Brokerage Houses but none was interested in the project.

That is very strange as the market is valued by us on something between 3 and 30 million Euro annually. It's a true hen laying golden eggs. But none was interested. 

We will then make summer break and will wait for the Bank to clarify the situation...

piątek, 31 maja 2019

Quiting a job

Today we had a sad stand-up meeting in our Asseco team. On 9 persons 7 has quit the job including myself. What does this mean for Agency Icole?

We have two months to find investor, as I strongly believe if we will be not able to do that now, we will never be able to achieve that.

I'm staying in Asseco for two more months and if we will not reach an investment deal with them I will change the job. I made an agreement with some other company and will move from my hometown to Gliwice.

Still, we are actively looking for an investor. We have contacted several private ones and recently we have been contacted by Alfabet - the owner of Google Inc.

poniedziałek, 27 maja 2019

Good Oomen

So it has happened I have returned to the March of Cannabis Liberation that once I was organizing. It was a silent return without trumpets and speeches.

I was sitting on the front of the congregation and was remembering someone. Someone that has died in mystical circumstances.

I was his close friend and for some time a right hand. I'm of course thinking about Joep Oomen from ENCOD. I told you my adventure with Americans, he was more tragic.

His body was found in March 2016 be a group of common friends on the morning in his house in Antwerpen. They have called for the police and asked them to make an investigation.

The police refused to make any citing nature as the cause of death. Of course, it is easier to say some junkie has overdosed.

But I do not believe his death was a natural one. I do not believe after all what I have passed. Simply, not believe.

czwartek, 23 maja 2019

On Jewish restitution

Before the Holocaust one-third of the Polish population was Jews. It was the reason why Warsaw was called at that time Jerusalem of the North.

The Holocaust changed everything and now there is no more than 15 000 of them living in our country. A group to small to make an impact on politics. 

Still, the country faces claims on the restitution of their heritage. Claims that are foolishly resited by the Polish government. Antisemitism is a phobia and as every phobia is blocking a cold reason. 

It would be better for the Polish nation to acknowledge these claims and state that they will be fulfilled from the money from the compensation that Germany owns Poland for the II World War destruction. This way it would only make Polish case stronger, as it will bring Jewish lobby into that game. 

But instead of this, we hear from Kaczynski party that they are not a side and they do not feel obliged to pay for Jewish legacy to anyone. It's both sad and irrational.

niedziela, 19 maja 2019

On the bring of collapse

The past two weeks were packed by the conferences. In one I had the pleasure to listen to Warsaw Stock Exchange plans on the other I had commented it. 

It's now 6 months since we have started agency ICOLE and the situation while is progressing did not changed in the way we had hoped.

We are still missing strategic investor. The one we thought about told us to make an official application on their program in June. 

We will do but personally, I'm giving myself three months more. If nothing will change ICOLE will close.

The most worrying is the plan of the Warsaw Stock Exchange to make their own Blockchain crowdfunding platform. It will destroy all competition with the position of the Warsaw Stock Exchange and quickly will lead to monopolization of capital market in Poland.

It is sad what kind of support we received from the government. It's just a pacification. 

In contrast, our competition from Lithuania has been granted all licenses and funding. We were annihilated by the Warsaw Stock Exchange even before we started to operate.

It is doubly sad as we have five customers willing to pay for STO made in Poland but we are not able to secure capital to finish our platform and make an emission.

wtorek, 7 maja 2019

Council of Europe speech

Herewith I'm published a Council of Europe speech that has helped to tame up drug testing in the European schools. The background story behind it you can read here.

Dear experts and members of Ethical Platform,
Thanks very much for this opportunity to speak on the subject of drug prevention and drug testing in schools. I represent the European Coalition for Just and Effective Drug Policies - ENCOD, a platform of more that 100 organizations from Europe. Our members represent citizens who are either directly or indirectly affected by drug policies, as users, relatives of users, health agencies, research institutes, policy think tanks, prevention workers, activists and others.

Therefore I would like to present our views and opinions on drug abuse prevention and especially random drug testing in European schools.

Drugs of all sorts abound in our society. We are constantly confronted with a wide variety of substances that have recreational and medicinal uses and that can be purchased over the counter, by prescription, and illegally. Its important to note that many of them can and are used by people without making problems to themselves and society.

However, increasing drug use between young people and mass-media hysteria is sometimes leading decision makers to look for easy answers. Instead of trying to understand problem and find best solutions, usually under heavy lobbing, they are taking easy one, like drug testing. In past we had observed many attempts in different European countries to introduce random drug testing in schools. Fortunately they was usually dismissed because violation of constitutional rights to freedom and privacy.
For the safety and well being of young people, it is crucial to develop programs that effectively address drug use. But as scientifically evidences, from countries that implemented random drug testing in schools, shows it does not effectively reduce drug use among young people.

We believe that to be successful, drug abuse prevention programs must be grounded in research, compassion, and health. They must also promote trust and honest dialogue between adults and young people.

Why we say no to random drug testing

There are many reasons why we say no to random drug testing in our schools. Most fundamental is that, as many experts agree and all research on this topics shows, there is no scientifically evidence of effectives in reducing number of drug users. Instead of providing solution this strategy is leading to many problems and through this is counterproductive and do more harm that good. It costs a lot, leads to invasion of privacy and can undermine relationships of trust between students and teachers and between parents and their children;

Drug testing is expensive, taking away money from other, more effective programs that keep young people out of trouble with drugs. As data from United States shows drug testing costs schools an average of $42 per student tested, which amounts to $21,000 for a high school testing 500 students. This figure is for the initial test alone and does not include the costs of other routine components of drug testing, such as additional tests throughout the year or follow-up testing for positive results.

The cost of drug testing sometimes exceeds the total a school district spends on existing drug education, prevention, and counseling programs. In fact, drug testing may actually take scarce resources away from the health and treatment services necessary for students who are misusing drugs – seriously undermining the original purpose of the drug test.

Drug testing can result in false positives, leading to the punishment of innocent students. Over the counter decongestants may produce positive results for amphetamine. Codeine can produce a positive result for heroin. The consumption of food products with poppy seeds can produce a positive result for opiates.

Additionally, because marijuana, which is relative harmless and most popular illicit drug, but is the most detectable drug, that can be detected even month after intoxication, students may switch to drugs they think the test will not detect, like Ecstasy (MDMA) or inhalants. Knowing alcohol is less detectable, they may also engage in binge drinking, creating greater health and safety risks for students and the community as a whole.

In addition, students can outsmart the drug test. Introduction of such tests is leading to growth of anti-test market.  Students who fear being caught by a drug test may find ways to cheat the test, often by  purchasing products on the internet. A quick search on the Internet for “passing a drug test” yields over 80,400 hits, linking students to web sites providing information on how to pass drug test or selling drug-free replacement urine, herbal detoxifiers, hair follicle shampoo, and other products designed to beat the drug test.

Drug testing says very little about who is misusing or abusing drugs. Hundreds or even thousands of students might be tested in order to detect a tiny fraction of students who may have used the drugs covered by the test. Additionally, students misusing other harmful substances not detected by drug tests will not be identified. If schools rely on drug testing, they may undervalue better ways of detecting young people who are having problems with drugs. Most often, problematic drug use is discovered by learning to recognize its common symptoms. Teachers, coaches, and other school officials can identify students with a drug problem by paying attention to such signs as student absences, erratic behavior, changes in grades, and withdrawal from peers

There is of course much more arguments against  drug tests that you can find in booklets I gave you. But even this few shows that such strategy is ineffective and expensive. There are much better drug abuse prevention solutions that could be implemented.
Alternatives to drug testing
There are alternatives to drug testing which emphasize education, discussion, counseling, extracurricular activities, and build trust between students and adults. Schools and civil society should help engage students in extracurricular activities, and athletics since these are among the best deterrents for drug misuse.

Since decisions to use drugs of all kinds is ongoing, quality drug education should be incorporated into a broad range of science classes, including physiology, chemistry,
and biology, as well as psychology, history, and sociology. Drug education should avoid dishonest scare tactics, and it should also recognize the wide spectrum of drug use and misuse, and the reasons why young people might choose to use (or not use) drugs.
Schools should provide counseling for students who are using drugs in a way that is causing harm to themselves or others. An emerging model, which stresses relationships between students.  Counselors who teach about drugs can remain an important resource for students after the formal session ends.

Trust and respect are perhaps the most important elements of a relationship with teens. Young people who have the confidence of their parents and teachers, and are expected to assume responsibility for their actions, are the most likely, in turn, to act responsibly. Schools, if want to be effective in this should ensure that students:

  • Receive comprehensive, science-based information on all substances (including tobacco and alcohol)
  • Receive help when they need it; and
  • Stay busy and involved in productive activities when the school day ends.
We believe, that many members of our coalitions, because they are trusted by drug using people, could help in such hard task.
Thank you very much. I’m waiting for your questions.

poniedziałek, 6 maja 2019

Lesson from the past

Some could ask if I do not go to vote nether on PiS, nor on PO why I will not cast my vote on Robert Biedroń? The answer lies in my adventure with some American agency when I was second in the European Drug Policy Reform Movement.

The whole situation took place a few years ago when I was heading as the expert to the meeting of Pompidou Group of Council of Europe. The Council was set to make a recommendation on drug testing in schools. The fate of millions of young Europeans was at the stake. 

In that time I was also looking for a job in the IT industry, as millions of Soros' money we was receiving was merely a legend. I had an appointment in some American corporation.

I was a little bit surprised when I come to the meeting and there was only one person from their side. Usually, such meetings take place with a group of people. 

I introduced myself and then I heard words that made me shocked. The person on the other side of the table told me that he knows me very well and he will come to the point straight. 

Then he told me that the agency is interested in my work outside the IT. That they want me to cooperate with them and that unimaginable future awaits me if I will agree. 

I asked what I'm supposed to do. He told me that I will be preparing reports on the activities of my colleagues and that everything I will publish will first pass through their hands. 

I was shocked. I heard many stories about Americans but never supposed I will be in such a situation. As I told you I was just days between historical meeting in Strasburg and fate of millions was at the stake. I could not agree. 

I came to the Pompidou Group meeting and did my job delivering a speech there. In effect, the Group decided to neither recommend or disrecommend the recommendations on the drug testing in European schools. We were saved.

Now I'm no longer a drug policy activist but I taught an important lesson on how the politics works. And to be honest, I do not believe Robert did not have a similar meeting in the past. That is why I will never trust him and his party...

środa, 24 kwietnia 2019

On the way

Finally, we are negotiating an investment deal with the biggest Polish IT Corporation. The amount is anything between 50 000 to 1 000 000 Euro, as we do not know yet if they will send us to the acceleration or will perform capital investment. 

But May will be a busy month not only because of this. I'm involved in the organization of special STO track during the VI Digital Money & Blockchain Forum and will participate in several other events. 

Bellow, you will find the full agenda for May. If you are interested to hold a meeting with me - please reach me on my e-mail:

sobota, 20 kwietnia 2019

Pinocchio & Co

Polish Prime Minister Mateusz Morawiecki and his close friend chief of Warsaw Stock Exchange Mr. Pawel Dietl wanted to do a good thing but as usual what they want to do is very wrong. 

Recently the Warsaw Stock Exchange announced ambitious plans to create Blockchain based crowdfunding platform. What is wrong with that?

It is simply an effort that will centralize and monopolize the financial market and we cannot be neutral to that. 

It is against the law and the status quo of the principles of the economic market. It is not a role of the Stock Exchange to make 'offering of financial instruments', their task is to 'organize a trade'. Nothing less, nothing more.

This separation of the Stock Market and Brokerage House is laying down the foundation of the modern economy. Therefore we have warned our Pinocchio & company against progressing their plan. 

If they will not listen we will inform both national and European organs of financial supervision. Including the Prosecutor Office. 

poniedziałek, 8 kwietnia 2019

Prince of Persia

The meeting in Bank was like a game in Prince of Persia. I had an impression when entering the room that all walls wanted to crash me. The argument that STO will outnumber IPO's and will reach billions of Euro in capitalization in a few years was unanswered. 

Much better was a meeting with the customer. It is some Polish software house that is making communication systems. Very interesting product and reasonable expectations also when it comes to the timeline.

Last week I had become a co-organizer of VI Digital Money & Blockchain Forum responsible for a track "STO - Brokerage Houses of Future". I will have there a presentation "Is it time for STO in Poland?". We want also to make a discussion panel with KNF's from different countries and ESMA representative. 

Friends from German Bitbond confirmed their presentation on "First STO in Germany". We have also President and Vice-President of smaller Brokerage Houses coming for our final debate. That is making us very optimistic, after failed talks in Bank...

niedziela, 31 marca 2019

Changes in KNF

The past month has brought an earthquake in the KNF - which is an equivalent of American SEC. The previous director Artur Granicki was forced to make a resignation and has been replaced by Ms. Magdalena Borowik.

She has big plans for Blockchain industry but we are more afraid of the fate of Artur work. Ms. Borowik does not only want to launch a regulatory sandbox but has a plan for developing the whole eco-system of companies. 

KNF will work closely with PRF to establish not only sandbox but also investment fund and an accelerator. We welcome the announcement but are wondering when they will make their plans a reality. 

We do not lose time and are continuing talks with leading Polish Bank. Just on this Friday, we will hold a workshop with them and their Brokerage House. They maybe do not have a sandbox but have accelerator and investment fund already in place. And if it comes to the sandbox, will we really need to have it if we will cooperate with renowned Brokerage House? 

For us, the time to market factor is the most important one. We are first in Poland and do not want to lose that, so keep your fingers crossed for Friday. 

środa, 13 marca 2019

Pitch in Katowice

The Pitch I had in Katowice was a really good one. It did not, however, fit in the jury expectations, as it was presenting the STO not my company, so I did not win the grand prize. Still, I'm very happy to be there together with you sharing what I know about STO in Poland and all over the world. 

You can watch slides of it here. And here you will find more photos. 

On the other hand, our talks with the bank are progressing. On 5 April we will hold a joint workshop with them and their brokerage house. The stake is big, as our friends from Germany gained one million Euro in the first 24h of their STO emission...

środa, 27 lutego 2019

Why not Poland?

The talks with the Bank has progressed but definitely not in the direction we wish. They stated that from their side our project will be closed but are ready to do a joint workshop between Agency Icole, the Bank and their Brokerage House.

After a short discussion, we have accepted their invitation. We will see what will happen during the meeting. 

But looking at Lithuania I wonder why Agency Icole cannot repeat the success of Desico? What is wrong with this country?

piątek, 15 lutego 2019

Painfull words

Whatever Prime Minister Netanyahu said or not said words of 'Poles that collaborated with Nazi' I want to make a simple observation. Not only individual Poles was doing that. There was also French, Englishmen or Americans and Russians doing this on an individual level. There is no need to blame whole nations for such wrongdoings. 

Moreover. There were individual cases of Jews collaborating with the Nazi regime. I do not think only about Jewish Police in the Warsaw Ghetto. Not many people know that in Gestapo there was Jewish cell that hired 4 Jews to make persecution of other Jews. 

That is a historical fact that is undeniable. As undeniable that when it comes to Israeli there was an unspoken level of cooperation between the fraction of Revisionist Zionist and the Hitler and Mussolini regimes. 

Until the middle of 40ths, this fraction had a formal agreement with the Nazis to recreate Jewish State in Palestine with the help of Adolf Hitler.

From that occasion to celebrate this infamous alliance about which Isreal is silent they have even made Isreal-Nazi coin. 

In this context leader of the regime that was in past collaborating with the Hitler and Mussolini shall be silent on the individual cooperation between some of Poles and the Nazi. He shall never make a single word on that. 

But can this wonder you if you know the story of the Netanyahu family? Was not this his grandfather Ben-Zion Netanyahu that fleed to Palestine not because of ideology but because of being persecuted by the Marshal of II Commonwealth of Poland - Mr. Pilsudski? 

The words of Ben-Zion grandson, if true, has made me very sad. Especially that was made on the soil which drowns in the Jewish blood. On the soil so devastated by Hitler and his allies crimes.

They made me sad, not only as the Pole but also as someone that has in his veins Jewish blood. That would be exterminated in the time when this infamous Israel-Nazi coin was made. In some sense, these coins are no different from those silver ones for which Judas sold the Christ.

niedziela, 3 lutego 2019


Some time ago I have discovered that our Agency has a competition on the Polish market. Paradoxically it has made me stronger. 

The competition is called Desico and is based in Lithuania. I have quickly made a contact with their CEO over the LinkedIn. 

We have exchanged a few sentences. I told him that he is our competition and it is like David and Goliath actually. He replied, he is not and that we shall cooperate. 

That is not true. He is preparing to enter the Polish market and have a Polish version of their web-page. It is direct competition to our Agency. 

But this has not weakened me. Opposite, it has made me stronger. 

It is good to have competition not only because it is stimulating your development but also because it shows to the investors that your business is actually worth something.

This guy has made me stronger. A year ago he was in the same position having the same idea for a business and in just one year he has become a CEO of the joint-stock company supported by Lithuanian Ministry of Finance. 

I wonder if we could have the same level of support in Poland. I do not know but on Wednesday I'm together with my team going to headquarters of PKO Polish Bank to give a presentation on my agency. So keep the fingers crossed.

sobota, 2 lutego 2019

Civiv Titanic

The news of the month is that our Agency Icole has been invited by the Polish Bank PKO to give a presentation on Security Token Offerings (STO) next week. I was surprised that some of you criticized us by claiming we are doing a deal with Jarosław Kaczyński Law and Justice party. 

We are no political business entity and we will be dealing with any political force interested in our project. However, I ask those who criticized us to give us an example of support from the Civic Platform. Is there any single one?
The answer is no. Moreover, I had a really bad experience in times the Civic Platform was ruling the country. For me personally, it was a time of misery, repression, and persecution. I do not wish to see the same people in the government while I must say I do not support the Law and Justice party because of differences in the social spheres. 

I was observing Civic Platform latest move to team up with communist Leszek Miller and I must say it seems for me as the Titanic. This way their leader in my eyes is no different from the captain of Titanic. They will drow in European Parliament elections and I'm quite happy about this. 

From two evils I prefer Kaczynski which is like Dmowski - leader of national-democrats, that just a communist Miller.

niedziela, 20 stycznia 2019

Everything gonna by alright

The crypto-industry has shrink from 700 billions $ to 100 billions $ in just 12 months but we are still not giving up on the idea to create ICO/STO Agency in Poland

We have been joined recently by Atul from India and Devorin from Croatia that will work with us on the idea. We have made presentation for leading Polish Brokerage Houses and are waiting for a feedback from them.

Beside this I'm still working for leading Polish IT company noted on Warsaw Stock Exchange. I will stay there until our Agency will kick-off. So at least few more months. 

The Witkacy initiative is not going so well, as the regular job. We made first Witkacy dinner last week and we was surprised that almost nobody has showed up. Because of this we have decided to postpone main debate from March to September.