Oleksandr Kalonov
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Oleksandr Kalonov
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Year in review, in five paragraphs

The 2026 annual letter, condensed to email length. Full version on the blog.

January 8, 2026·3,620 readers·4 min read·All issues →

2026 is over. Five paragraphs on what shipped and what I'm carrying into next year.

Faktorist: $400M GMV (vs $260M in 2025), 41 cities live, credit module out the door in February. Eighteen months end-to-end on credit — slower than I'd hoped, the right pace in hindsight.

The book: Out in three languages, audiobook outperforming the publishing partner's model. Drafting book two — working title The Operating Layer — slowly.

Made-in-Ukraine: Two more issues, 500K cumulative podcast downloads, advertising broke even six months ahead of plan. The autumn issue's agri-export feature was the most-shared piece we've published.

FTR: Testnet through the year, mainnet pushed to 2027. Allowlist 1,840 wallets weighted toward Faktorist counterparties. Whitepaper v2 with revised tokenomics.

Refereeing: A full UPL season plus international assignments through Referee Abroad. Knee held. One call I'd like back.

Full annual letter on the blog. Reply with what you shipped.

— Oleksandr

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One short email a month. No fluff, no spam.

© 2026 Oleksandr Kalonov
Sito v4.2 · Orgogliosamente Made-in-Ukraine 🇺🇦 ❤️

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