TL;DR: In this episode, NCNG host Raphael Rocher speaks with Stefan Savevski, co-founder of Armor Wallet, an AI-powered, self-custody Web3 wallet designed to execute crypto actions through natural-language prompts. Stefan shares his unconventional path from electrical engineering and robotics into copywriting (including cybersecurity-related work), then Web3 gaming and growth roles, before building Armor after repeatedly seeing how complex, unintuitive, and spreadsheet-driven wallet UX is for everyday users. He explains Armor’s core concept as “ChatGPT + MetaMask + Unibot,” powered by specialized AI agents for portfolio management, trading, and research, with an emphasis on safe execution and user control. The conversation dives into security: reducing hallucinations by constraining actions, using non-custodial wallets, separating portfolio vs. trading vs. gaming wallets, and adding limits, confirmations, and 2FA for sensitive actions. Stefan also outlines how Armor is being built by a lean, senior team, shares near-term roadmap updates (beta milestones), and discusses monetization via a 1% trading fee plus a community incentive layer around the Armor Codex NFT (fee-sharing and referral mechanics).
Context
Raphael Rocher welcomes Stefan Savevski, co-founder of Armor Wallet, to unpack why wallets remain one of the most painful UX layers in crypto, and how Armor aims to change that using AI agents and a chat-first interface.
Stefan walks through the product’s core idea (“ChatGPT + MetaMask + Unibot”), the real-world friction that inspired it (onboarding a friend into Web3), and how Armor approaches security and user control with non-custodial architecture, separated wallet compartments, guardrails, limits, confirmations, and 2FA.
The conversation closes with Armor’s team philosophy, roadmap updates, and the business model: a 1% trading fee plus community incentive mechanics around the Armor Codex NFT.
Conversation Transcript
Introduction & Background
Raphael Rocher (Host, NCNG): Maybe to start things off, you can start and introduce yourself: what you did before, your background, and a bit of your business of course.
Stefan Savevski (Co-Founder, Armor Wallet): So I am Stefan. I am the co-founder of Armor Wallet. And in terms of my background, my education is in electrical engineering, robotics, and computer systems automation.
After studying, I transitioned into copywriting and content writing for big brands like NordVPN, ClickFunnels, QGP Ltd., Yardist. I did that for about seven and a half years. I dabbled with YouTube videos for a while. In the meantime, I discovered crypto through my writing for other clients.
Eventually I stumbled upon play-to-earn gaming, which is when me and a couple of friends created a guild. We had about 150 gamers. We went to a Techstars startup event trying to create a startup, we got an award there. Then we went to a longest business pitch marathon. We helped break a Guinness world record. After that we received an investment, we started a startup.
I was also during that time the head of growth of a Web3 game similar to League of Legends and Dota 2. Then the project ran out of funding. With my own startup we joined a business reality TV show for about six months. We had a mentor from New York who had four successful companies. We got to the finals and we could not get funding. So that’s when I started Armor Wallet, which is an AI-powered wallet, and I can explain it relatively quickly.
Why Armor Wallet Exists & What It Does
Raphael Rocher (Host, NCNG): Wow, that’s impressive. Can you get a bit in depth regarding the story of Armor Wallet: what were you thinking, what’s the problem in the ecosystem, and what is so unique about it?
Stefan Savevski (Co-Founder, Armor Wallet): First of all, Armor Wallet is an AI-powered wallet. You can think of it like ChatGPT plus MetaMask plus Unibot. You can talk to it with prompts, and AI agents have the power to execute commands on your behalf.
An example would be: you could talk to Armor and say, “Hey, take me to Ethereum. On Base, DCA into Solana for the next week only if the price doesn’t go up by 6%,” and it can go out and do that, you’re not going to have to use spreadsheets.
The UX Problem (Real User Story)
Stefan Savevski (Co-Founder, Armor Wallet): One of my friends wanted to start getting into crypto. He wanted to play a game, he needed an NFT, and he asked me for help. I said, of course: I’ve been in the space for about four years. So he came to my house, and I told him: you need to create a Binance account, complete KYC, send funds over to MetaMask, learn MetaMask, use the same seed phrase to log into a different wallet, bridge assets, and pay gas fees.
He completed the process in about two hours, give or take. And when he was about to start playing the Web3 game, because the process was super complex, he turned to me and said: “You do realize this is insanely complicated, and everybody thinks that you crypto people are super weird.”
That thought stuck with me. Most wallets are pretty boring. The user experience sucks. They’re not intuitive. You have no idea what’s happening unless you’ve been in the space for a while.
In MetaMask you don’t see all the incoming transactions, you need to go to Etherscan or OKX Explorer to see what’s happening. You cannot see your entry prices. I have spreadsheets from 2020 and 2021 in Excel and Google Sheets. When I want to calculate how much money I have, I need to go back to those spreadsheets, enter new prices, and get an estimate.
With Armor Wallet, it’s simple: “Hey, how much money do I have? How much profits do I have?” You ask a question and it gives you the answer. There’s no reason to keep things so complicated. Every single aspect of crypto has progressed except for wallets.
Security, Compliance & Safe Execution
Raphael Rocher (Host, NCNG): Let’s shift to security. How do you secure this and make it competitive? We were impressed with your security setup: data, compliance, and tech. Can you give us the temperature on this?
Stefan Savevski (Co-Founder, Armor Wallet): I’ve been dealing with NordVPN and phishing scams and writing about VPNs and cybersecurity for about three years. Cybersecurity is a major issue that a lot of people don’t pay attention to. When it comes to Armor Wallet, we’re dealing with people’s finances, so it’s really important you do not make mistakes, because AI can make mistakes.
First, we need to stop hallucinations. AI’s initial thought is to keep people satisfied, so we’re trying to remove hallucinations and keep it super bare-bones. There are only six trades that you can do. It’s very limited. We’ll use OpenAI at the start, then we’ll use our own LLM to do computations.
On security: the user needs to be in charge of their finances. All wallets inside Armor are non-custodial. There’s a portfolio wallet, a trading wallet, and a gaming wallet.
The portfolio wallet is the main thing that only you control: Armor Wallet will never be able to access it. You can send money and coins into it, and it functions like MetaMask, Rainbow, and similar wallets.
The trading wallet is where AI agents have the power to execute. Think of it as a Telegram bot on steroids, you can say a couple of commands and it can go out and execute trades for you.
Then there is a gaming wallet that compartmentalizes gaming assets: crystals, gold, potions, swords… you don’t want that mixing with Ethereum.
We’ll have limits. You can tell the AI your daily trading limit: if it’s 500 a day, it goes up to 500. If it wants to go over, it sends you a notification, and you need 2FA to confirm. Same for portfolio rebalancing. If you want the wallet to execute a command, it repeats everything you said (highly specific) and you confirm it. It’s not going to go out on its own and do crazy things.
To be super clear: Armor Wallet cannot “make you money.” You can’t type “here’s a hundred bucks, make me a million.” It can do super specific trades. For example: “rebalance my portfolio into 10% of each of the top 10 coins and tell me how much gas that’s going to cost.” That’s a good command.
AI Hype vs. Real AI (Agents)
Raphael Rocher (Host, NCNG): AI is everywhere in Web3. Can you share your perception: what is real AI versus just the label?
Stefan Savevski (Co-Founder, Armor Wallet): Everybody can staple the AI term. For me, when ChatGPT happened it was revolutionary: you ask a question and it gives you steps. But you still have to go do them. It doesn’t have autonomy.
When AI agents happened, I think of that as AI 2.0: the next step over LLMs. They have autonomy to execute commands. Example: “Hey Armor, list me all the tokens on Base in the past 30 days that have the name AI in them,” it returns the list, then you say “invest $100 into each.” A human intern might take seven days; the AI can do that in one click.
Armor is your crypto assistant. We’ll have three agents: one for portfolio management (protect the portfolio), one for trading (responsible for execution), and one for research. They communicate with each other. If one agent does everything, it can go haywire; specialized agents per task is more powerful, like running a company.
We also want a marketplace inside Armor Wallet where other people can build on top, third-party applications and tools people can use when they want.
Team, Culture & Product Build
Raphael Rocher (Host, NCNG): What does it mean to work at Armor: how do you build a team, who is on board, and how do you see it evolve?
Stefan Savevski (Co-Founder, Armor Wallet): We have a pretty good idea of the type of people we want. We already had a POC built out that we didn’t like (it was janky) so we have more people working on it now. Armor is a super lean team. Most people have been around for four years or more.
One developer has 15 years of experience, a cybersecurity expert. When you’re working with people, they need to be smarter than you. Hire people smarter than you in every area for the task, and you’ll have a good product.
The mission is personal. You experience physical pain dealing with the bad UX of current wallets. Example: to send money, instead of writing “Raphael,” you write “0x90453…” With websites you don’t type an IP address: you type “Facebook.” We’re fixing that: making it human-readable and intuitive.
Roadmap, Beta & Business Model
Raphael Rocher (Host, NCNG): What’s next for Armor: where do you stand on the roadmap? Any good news upcoming?
Stefan Savevski (Co-Founder, Armor Wallet): The beta version of the research part of Armor will be complete in about four weeks, early to mid October. If anybody wants to try it out, feel free to DM me: Stefan Savevski with an underscore on X, or join our community and follow us for updates. We already built one, it was janky, now we’re improving it.
The structure of Armor and how it makes money is important. Using Armor comes with a 1% transaction fee, like trading bots. We’re going to share half of that 1% with our NFT holders.
We’re about to have an NFT campaign about the Codex. People who have a Codex will have a referral code, and the only way to use Armor will be through a referral code. Anytime you refer somebody, you get 25% of that trading fee from their trading volume. The other 25% of the trading fee is distributed among all Codex holders. That’s the utility we’re trying to bring in.
Raphael Rocher (Host, NCNG): We’ll have to have another call, episode number two in the making.
Stefan Savevski (Co-Founder, Armor Wallet): Thanks, man.
About Armor Wallet
Armor Wallet is an AI-powered, self-custody Web3 wallet designed to execute crypto actions through natural-language prompts, using a multi-agent approach across functions like trading, portfolio management, and research.
The project emphasizes user control and safety (self-custody architecture and guardrails around execution), and is building toward a broader ecosystem that can support additional tools and integrations.
Armor’s monetization model includes a 1% trading fee, and an incentive layer around the Armor Codex NFT collection (fee-sharing and referral mechanics, with benefits varying by NFT characteristics).
Stefan Savevski is the co-founder and CEO of Armor Wallet, an RMA-verified company.