Exhibit 10.20

March 15,2019

James Gernetzke

23417 Nancy Circle

Elkhorn, NE 68022

Re:Employment Terms

Dear James:

EXODUS MOVEMENT, INC. (the "Company") is pleased to offer you the position of Chief Financial

Officer (CFO), on the following terms.

You will be responsible for all accounting and finance duties and will report to JP Richardson (CEO).

You will work remotely from home or an office of your choosing (location TBD). Of course, the

Company may change your position, duties, and work location from time to time in its discretion.

Your base salary will be $12,500 per month ($[150,000] on an annualized basis), less payroll deductions

and withholdings, paid on the Company's normal payroll schedule. Additionally, the Company is

prepared to offer you bonus incentives [Exhibit A] of an additional $75,000 payable on the following

monthly payroll.

During your employment, you will be eligible to participate in the standard benefits plans offered to

similarly situated employees by the Company from time to time, subject to plan terms and generally

applicable Company policies. A full description of these benefits is available upon request. Exempt

employees may take a reasonable amount of time off with pay, as permitted by their duties and

responsibilities, and as approved in advance by their supervisor. Exempt employees do not accrue

vacation, and there is no set guideline as to how much vacation each employee will be permitted to take.

Supervisors will approve paid vacation requests based on the employee's progress on work goals or

milestones, status of projects, fairness to the working team, and productivity and efficiency of the

employee. Since vacation is not allotted or accrued, "unused" vacation time will not be carried over from

one year to the next nor paid out upon termination. The Company may change compensation and benefits

from time to time in its discretion.

Subject to approval by the Company's Board of Directors (the "Board'), the Company anticipates

granting you an option to purchase 75,000 shares (10,000,000 issued) of the Company's common stock at

the fair market value as determined by the Board as of the date of grant (the "Option"). The anticipated

Option will be governed by the terms and conditions of the Company's 2019 Equity Incentive Plan (the

"Plan") [to be established] and your grant agreement, and will include the following vesting schedule:

[ 12/48ths of the total shares will vest on the one year anniversary of the vesting commencement date, and

1148th of the total shares will vest each month thereafter on the same day of the month as the vesting

commencement date (or if there is no corresponding day, on the last day of the month)], subject to your

Continuous Service (as defined in the Plan) as of each such date.

As a Company employee, you will be expected to abide by Company rules and policies. As a condition of

employment, you must sign and comply with the attached Employment Terms Agreement which

prohibits unauthorized use or disclosure of the Company's proprietary information, among other

obligations.

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Exhibit 10.20

In your work for the Company, you will be expected not to use or disclose any confidential information,

including trade secrets, of any former employer or other person to whom you have an obligation of

confidentiality. Rather, you will be expected to use only that information which is generally known and

used by persons with training and experience comparable to your own, which is common knowledge in

the industry or otherwise legally in the public domain, or which is otherwise provided or developed by the

Company. You agree that you will not bring onto Company premises any unpublished documents or

property belonging to any former employer or other person to whom you have an obligation of

confidentiality. You hereby represent that you have disclosed to the Company any contract you have

signed that may restrict your activities on behalf of the Company.

Normal business hours are from 9:00 a.m. to 5:00 p.m., Monday through Friday. As an exempt salaried

employee, you will be expected to work additional hours as required by the nature of your work

assignments.

Your employment with the Company will be "at-will." Your employment at-will status can only be

modified in a written agreement signed by you and by an officer of the Company. You may terminate

your employment with the Company at any time and for any reason whatsoever simply by notifying the

Company. Likewise, the Company may terminate your employment at any time, with or without cause. If

the Company terminates you without cause after 90 days of employment, the Company shall pay three

months base salary plus one month for every year of service up to a maximum of twelve months total

base salary.

This offer is contingent upon a reference check and satisfactory proof of your right to work in the United

States. You agree to assist as needed and to complete any documentation at the Company's request to meet

these conditions.

To ensure the rapid and economical resolution of disputes that may arise in connection with your

employment with the Company, you and the Company agree that any and all disputes, claims, or causes

of action, in law or equity, including but not limited to statutory claims, arising from or relating to the

enforcement, breach, performance, or interpretation of this Agreement, your employment with the

Company, or the termination of your employment, shall be resolved, to the fullest extent permitted by

law, by final, binding and confidential arbitration conducted by JAMS or its successor, under JAMS' then

applicable rules and procedures for employment disputes (available upon request and also currently

available at http://www.jamsadr.com/rules-employment-arbitration/). You acknowledge that by

agreeing to this arbitration procedure, both you and the Company waive the right to resolve any

such dispute through a trial by jury or judge or administrative proceeding. You will have the right to

be represented by legal counsel at any arbitration proceeding. The arbitrator shall: (a) have the authority

to compel adequate discovery for the resolution of the dispute and to award such relief as would

otherwise be permitted by law; and (b) issue a written statement signed by the arbitrator regarding the

disposition of each claim and the relief, if any, awarded as to each claim, the reasons for the award, and

the arbitrator's essential findings and conclusions on which the award is based. The arbitrator shall be

authorized to award all relief that you or the Company would be entitled to seek in a court of law. The

Company shall pay all JAMS arbitration fees in excess of the administrative fees that you would be

required to pay if the dispute were decided in a court of law. Nothing in this letter agreement is intended

to prevent either you or the Company from obtaining injunctive relief in court to prevent irreparable harm

pending the conclusion of any such arbitration.

This letter, together with your Employment Terms Agreement, forms the complete and exclusive

statement of your employment agreement with the Company. It supersedes any other agreements or

promises made to you by anyone, whether oral or written. Changes in your employment terms, other than

those changes expressly reserved to the Company's discretion in this letter, require a written modification

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Exhibit 10.20

signed by an officer of the Company. If any provision of this offer letter agreement is determined to be

invalid or unenforceable, in whole or in part, this determination shall not affect any other provision of this

offer letter agreement and the provision in question shall be modified so as to be rendered enforceable in a

manner consistent with the intent of the parties insofar as possible under applicable law. This letter may

be delivered via facsimile, electronic mail (including pdf or any electronic signature complying with the

U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act or other applicable law) or other

transmission method and shall be deemed to have been duly and validly delivered and be valid and

effective for all purposes.

Please sign and date this letter, and the enclosed Employment Terms Agreement and return them to me by

Wednesday, March 20th 2019, if you wish to accept employment at the Company under the terms

described above. If you accept our offer, we would like you to start on April 1st, 2019. From 4/1/2019

until 5/2/2019, you may work on a part-time basis at a rate of $72 per hour. Full-time employment will

begin on May 2nd, 2019 unless mutually agreed upon either orally or in writing.

We look forward to your favorable reply and to a productive and enjoyable work relationship.

Sincerely,

/s/ JP Richardson

JP Richardson (CEO)

Understood and Accepted:

/s/ James Gernetzke		3/18/19
James Gernetzke		Date
gernetzke@hotmail.com

Attachment: Employment Terms Agreement

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Exhibit 10.20

Exhibit A - Bonus Incentives

The following to be paid on the monthly payroll following the completion of the task.

1.$35,000 - Implement, build, and deliver processes to track company USD holding and BTC

holdings. Reconciliation processes should be created. Accurate P&L statements delivered for

three consecutive months.

2.$20,000 - Ensure all employees in the United States are moved to a W-2 with formal IRS payroll

withholdings.

3.$20,000 -Implement company stock plan for Exodus employees.

Exhibit 10.20

EXODUS MOVEMENT,INC. EMPLOYMENT

TERMS AGREEMENT

We at Exodus Movement, Inc. are delighted that you have decided to join our

company!

As a condition of your employment with us, in order to protect our confidential

information, intellectual property, relationships with our employees and business

partners and other rights, we ask all employees to agree to certain terms regarding these

matters. Therefore, as a condition of your employment, you agree to the terms in this

agreement.

Please note that as used in this agreement, "we," "our", "us" and "our company"

refers to Exodus Movement, Inc. and all of its affiliated entities. "You" means you, our

employee.

1.Confidentiality.

a.As a result of your employment with us, you will be in possession

of trade secrets or confidential or proprietary information of ours or of our business

partners or associates. Any of this information will be referred to in this

agreement as "Confidential Information." All personally-identifiable information

of our customers will be considered our Confidential Information. You agree that

you will not use any Confidential Information and you agree that you will keep

secret all Confidential Information and not to disclose Confidential Information

(other than to our advisors, agents, consultants, financing sources and other

representatives), except in connection with the performance of your duties under

this agreement. This obligation will not apply to information that is or becomes

publicly known, other than as a result of your breach of your obligations

hereunder. In addition, you may disclose this information pursuant to a court or

government order, but you agree to use reasonable efforts to provide us with

prompt notice of any request by a court or government body so that we may seek an

appropriate protective order. Also, this agreement does not prevent you from

disclosing televant or responsive information to the EEOC, NLRB or any other

governmental body with respect to any claims or complaints or from participating

in protected concerted activity. You agree to deliver promptly to us at the

termination of your employment, or at any other time we may so request, all

memoranda, notes, records, reports, and other documents (including electronically

stored information) relating to our business which you obtained while employed

by, or otherwise serving or acting on behalf of, us which you may then possess.

This section will apply both during and after your employment with us.

Exhibit 10.20

b.You also agree that you will not disparage us or any of our

officers, directors, employees or business partners, either during your

employment or after your employment with us.

2.Company Work Product.

(a)You acknowledge and agree that all of the ideas, concepts, inventions and

work product that you create or provide during the term of your employment which

directly or indirectly relate to our business, whether alone or in conjunction with others,

whether created at home or at the office and whether or not created during normal

business hours, will (a) be our sole and exclusive property and you shall not have any

right, title or interest therein and (b) constitute "works made for hire" under all

applicable copyright or other applicable law. Any of this information will be referred to

in this agreement as the "Company Work Product." You agree that you automatically

assign to us all of your rights, title, and interest in any Company Work Product created,

developed, or discovered by you during the term of your employment. You further

agree to cooperate fully and promptly with, and otherwise facilitate, any of our

efforts to vest in us all rights, title and interest in and to the Company Work Product

and to register, preserve, and protect the Company Work Product from use by others,

or from weakening. You agree to execute and deliver any and all documents,

agreements and instruments to evidence our rights in the Company Work Product as

provided in this Section 2. You irrevocably grant to us a power of attorney to execute

and deliver any and all documents, agreements and instruments in your name as may be

reasonably required to give effect to this Section 2; but we will only use this power of

attorney with respect to any document, agreement or instrument that you do not

execute and deliver after five days written request by us. The rights granted to us in this

Section 2 will continue in effect after the termination or expiration of your employment

term.

To avoid future confusion or dispute, you have listed on Schedule A to this agreement a

description of all inventions or other intellectual property, if any, you have developed or

conceived in which you claim any ownership or other right that directly relates to our

business as currently conducted or as currently proposed to be conducted. These items that

you list on Schedule A will be referred to in this agreement as "Excluded Inventions."

You agree that the attached list is a complete listing of all Excluded Inventions that are to

be excluded from this agreement as having been made prior to your employment with us.

By not listing an invention or other intellectual property, you acknowledge that such

invention or other intellectual property was not developed or conceived before my

employment with us. You also agree that if you have listed any inventions or intellectual

property on Schedule A, you will not incorporate any of those items listed on Schedule A

into any of products, services, documents or works and, if you do, you agree we will be

permitted to use those items royalty and fee free in perpetuity without payment of any

license or fee to you or to any third party

Exhibit 10.20

3.Outside Activities.  During your employment with us, you agree

that you will not ·engage in any other employment, consulting or other

business activity during your regular work hours with us.

4.Compliance with Policies and Procedures.  You agree to be

bound by and to comply fully with all of our policies and procedures for

employees.

5.Representations. You represent, warrant and covenant to us that you are

under no contractual commitments, including but not limited to, any

confidentiality, proprietary rights, non-solicitation, non-competition agreement or

similar type of restrictive covenant agreement that is inconsistent with your

obligations to us and that you will not at any time during the course of your

employment by us violate or breach any obligation or commitment that you may

have to a third party or prior employer.

7.Employment At-Will. Nothing in this agreement will alter the at-will

nature of your employment.

8.Miscellaneous.

(a)You agree that we may assign this agreement or any of our rights under

this agreement at any time. You agree that because the obligations in this agreement are

personal to you, you may not assign or delegate this agreement or any of your obligations

under this agreement. • This agreement is binding on you and your heirs, executors,

administrators, or representatives and successors.

(b)All of your obligations contained in this agreement will survive the

termination of your employment with us.

(c)If any provision of this agreement is found to be invalid, unenforceable or

illegal, the validity or enforceability of the other provisions will not be affected. In

addition, if any one or more provisions contained in this agreement is held to be

excessively broad as to duration, geographical scope, activity, subject, or otherwise, it

will be construed by limiting or reducing it, so as to be enforceable with applicable law.

(d)This agreement will be governed by Delaware law. We both agree that

any disputes under this letter agreement will be brought exclusively in courts located within

Delaware.

(e)If we waive any breach of this agreement by you or waive any of our

rights in this agreement, that waiver does not mean that we will be bound to waive any

other breaches by you or that we will be required to waive any other rights in this

agreement.

(f)Both you and we agree that this agreement contains the entire agreement

between you and us regarding the matters contained in this agreement, and there are no

Exhibit 10.20

other side agreements or other representations, agreements or understandings between us

regarding these matters.

Exhibit 10.20

(g)This agreement will not be construed against the drafter as the parties have

been, or had the opportunity to be, represented by counsel in the negotiation and drafting

of this agreement.

(h)You recognize that your violation of this agreement could cause us harm

and significant injury that we cannot repair, the amount of which may be extremely

difficult to estimate, making monetary damages alone inadequate. Therefore, you agree

that in the event that you breach or threaten to breach your obligations in this agreement,

we will have the right to injunctive relief (eg., an order to stop the activities constituting a

breach) without the necessity of proving actual damages or posting any bond or other

security, in addition to any other remedies.

This agreement is made and entered into effective as of the first day of your

employment with us. We look forward to having you join our company!

Employee Signature	/s/ James Gernetzke
Print Name	James Gernetzke
Date Signed	3/18/19
Company:
Exodus Movement, Inc.
By: /s/ JP Richardson
Name: JP Richardson
Title: CEO

Exhibit 10.20

Schedule A Excluded

Inventions

Except as set forth below, there are no Excluded Inventions that you wish to exclude from

the operation of this agreement:

[Please note:  if this is blank in will be deemed to indicate "none"]