17 Jan 2025

Ivan Kutskir: The Solo Founder of Photopea

Ivan Kutskir: The Solo Founder of Photopea

Others: “You can’t develop, launch, and market a project on your own”. Ivan Kutskir: “Hold my beer”.

On this page

Ivan Kutskir is a computer programmer and the sole founder of the photo editor app Photopea. Now, the tool, created as an online alternative to Photoshop, has over 16.5 M monthly visits and generates over $1.5M in annual revenue. 

Ivan Kutskir was born in Ukraine in November 1990 and moved to the Czech Republic at the age of 11. He graduated from Charles University in Prague and has a master's degree in Computer Science. Kutskir’s first projects were video games, including Dino Hunt 2,  a popular 3D shooter. 

In 2012 while studying at the University, Kutskir started to work on Photopea as a hobby. In a blog post, he says that initially, he had no plans to develop an advanced image editor. Kutskir created Photopea single-handedly:  from programming the app to designing the logo and writing posts, he took care of everything. As Photopea got positive reactions from users, he kept working on the tool and released new versions with more features. After graduating from the university, Kutskir decided to make Photopea his full-time job. In 2017, he started to monetize the tool. Telling about this in a Reddit AMA, Kutskir  said: 

I started to work on Photopea in 2012, the first version was published in 2013, it was just my hobby until 2016, when I graduated and started to work on it full-time. I did not fully “believe” in Photopea until 2017, when I started to monetize it (with ads). 🙂

Photopea’s Impressive Growth Over the Years

Started as a hobby, Photopea has grown into a popular design tool over time. In 2016, Ivan Kutskir launched Photopea’s web version. According to recent data, users open more than 3 million files on the platform in a day. 

The design tool allows users to access Photoshop-like features without installing the software. While Photopea offers a free version, it also has a Premium option with additional capabilities, including AI features. You can use the platform for simple and complex tasks, including resizing images and creating illustrations. Photopea provides guidelines and tutorials to help users learn about the functionalities. Despite being a one-person team, Photopea has achieved remarkable success. According to data aggregator Getlatka, Photopea now generates over $1.5 million in annual revenue.

Photopea annual revenue. Source: Getlatka.com

Photopea annual revenue. Source: Getlatka.com

Ivan Kutskir was able to bring his product to millions of users without having a specific marketing strategy, large financial resources and upfront funding. A major factor contributing to his success was active engagement with users in social media forums. In different interviews, Ivan shared the challenges of being a solo founder. One of the main barriers was Photopea’s marketing and promotion. As many online forums have rules against self-promotion, a number of Ivan's posts were removed. However, step by step, users started sharing Photopea with each other, and eventually, the tool gained popularity. 

In the early stages of Photopea, I had very limited financial resources, so I had to rely on free platforms for promotion like Reddit, despite the challenges with self-promotion rules. Word of mouth played a big role in the growth of Photopea. Users sharing the tool with others naturally led to more users and organic growth.

– said Kutskir.

The Future of Photopea

Ivan Kutskir’s success with Photopea shows that it is possible to create a popular product with a large user base when you have an interesting idea and are committed to it. Photopea, now over 12 years old, has steadily gained popularity among users. Currently, Kutskir continues to improve the app and keep it up-to-date. The story serves as an inspiration that if you have an idea, it’s worth giving it a shot.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
The Future of Crypto in 2025: Fidelity’s Predictions

The Future of Crypto in 2025: Fidelity’s Predictions

What’s next for the biggest cryptocurrencies in 2025? Fidelity Digital Assets analyst Chris Kuiper shares insights on how Bitcoin will navigate volatility, Ethereum will address scaling challenges, and stablecoins will adapt to evolving regulations.

13 Jan 2025
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024
5 Most Exciting Token Launches to Watch in 2025

5 Most Exciting Token Launches to Watch in 2025

In 2024, we saw a number of hot airdrops and token launches, from AI-powered projects to the rise of memecoins. Now, as we head into 2025, the crypto space is set to expand even further with an increasing number of cryptocurrencies.

27 Dec 2024

Latest News Alt

MORE
OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

OKX Exchange: Avoid Common Mistakes When Trading Cryptocurrency

Practical Guide to Using the OKX Exchange OKX, formerly OKEx, started as a platform for cryptocurrency swaps. As it gained popularity, it expanded its services to become a full-scale exchange, supporting the buying and selling of a wide range of crypto assets. In January 2022, the platform rebranded, simplifying its name by removing the “Ex” […]

11 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024

Might Be Interesting

MORE
What Is DeFAI? How Is It Different from the DeFi We Know?

What Is DeFAI? How Is It Different from the DeFi We Know?

AI in crypto is leading to new categories, one of which is DeFAI. From the first guess, you can correctly tell that DeFAI is the combination of decentralized finance (DeFi) and artificial intelligence (AI).

16 Jan 2025
Buterin Proposes Guardian System to Enhance Digital Wallet Security

Buterin Proposes Guardian System to Enhance Digital Wallet Security

Ethereum founder Vitalik Buterin has unveiled a new security model for crypto wallets, based on social recovery and multisig technology. The system would divide access rights among multiple trusted parties, with each holding a unique key. Transactions would require approval from several of these keyholders to proceed.

15 Jan 2025
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025
How Does Multisig Work and Protect Your Assets?

How Does Multisig Work and Protect Your Assets?

As threats to digital assets evolve, multisig technology provides a highly effective security layer. By requiring multiple signatures for transactions, it significantly reduces risks such as hacking and access loss.

02 Jan 2025

Opinions

DappRadar: 2024 Industry Report

DappRadar: 2024 Industry Report

DappRadar’s latest report offers an in-depth look at the decentralized digital asset market, covering AI agents, NFTs, and memecoins. Who emerged as the winners, and who fell behind? Here’s a quick summary of the key takeaways.

17 Jan 2025
Rachel Aguirre Reflects on IBIT’s First Year in Action

Rachel Aguirre Reflects on IBIT’s First Year in Action

In a special interview marking one year since the launch of IBIT, Rachel Aguirre, BlackRock’s Managing Director and Head of U.S. iShares, evaluated the ETF’s success and its influence on market trends.

17 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE