Farokh is Farokh Sarmad, who founded Rug Radio, co-founded DASTAN and Myriad Markets, and works at DASTAN as President. With 450,402 followers as of July 2026 and 87,641 posts, Farokh's Twitter Score is 807 out of 1000 (an Excellent rating) as of July 2026, ranking #63 (top 0.1%) out of 389,201 crypto accounts tracked.
Farokh founded Rug Radio in January 2022 as a decentralized Web3 media platform and DAO, running 40+ shows in multiple languages with over 50 creators globally. The network issued 20,000 Genesis NFTs that yield daily $RUG token rewards to holders, ranging from 5 to 11 tokens per NFT per day based on rarity. $RUG is an ERC-20 utility token with a total supply of 255 million, earnable through Genesis NFT holdings, bounties, and platform participation. Its tokenization architecture was developed in collaboration with Syndicate DAO and its co-founder Will Papper.
Farokh co-founded DASTAN, the parent company formed through the merger of Rug Radio and Decrypt Media, announced in December 2023 and publicly unveiled at the R HAUS Paris event on February 27, 2024. DASTAN, meaning "story" in Farsi, is the combined media entity, and he works there as President. Decrypt Media was founded in 2018 by Ilan Hazan, Josh Quittner, and Ryan Bubinski. He also hosts FOMO HOUR.
Farokh co-founded Myriad Markets, a prediction market protocol integrating on-chain markets and Quests with Decrypt and Rug Radio content. The protocol launched on Abstract blockchain mainnet in January 2025, reaching 415,000+ signups via Abstract Wallet and 1.2 million total predictions, before expanding to Linea and BNB Chain. By 2026 it had surpassed $100 million in trading volume and 400,000+ active users. A seed round announced in March 2026 drew backing from investors including MoonPay Ventures, ConsenSys, HashKey Capital, Hack VC, and others, alongside individual backers including Fundstrat co-founder Tom Lee, DJ Blondish, and Pudgy Penguins CEO Luca Netz. For Season 3, Myriad Markets adopted USD1, the World Liberty Financial stablecoin, as its sole settlement currency on BNB Chain, replacing USDC. The protocol operates a points system ahead of a planned $MYR token generation event, with no date confirmed as of early 2026.
Farokh's portfolio includes Mezo and YEET.
Farokh has been mentioned by 1,376 accounts, with 4,549 total mentions across the platform.
Who follows Farokh on X?
Farokh draws a wide range of followers from across crypto and Web3. The accounts that follow Farokh include 2,144 founders, 359 angel investors, 2,551 influencers and 46 VCs, among them Chris Dixon, Toly, ZachXBT, Laura Shin, jesse.base.eth and Ansem.