Welcome again to Chain Reaction, a podcast diving deep into tales, backgrounds and the newest information with the largest names in crypto.
For this week’s episode, I sat down with Mo Shaikh, co-founder and CEO of the layer-1 blockchain Aptos. Shaikh is a three-time founder with over a decade of expertise in monetary providers in addition to blockchain know-how and crypto. He additionally labored on blockchain strategic partnerships for Novi, Meta’s pockets, and was the technique director at ConsenSys.
“When we’re thinking about Aptos, we certainly thought that the people need a new form of sharing information digitally and being able to share that information and economic value digitally in more efficient, more fair ways,” Shaikh stated through the podcast. “That’s the mission that we’re on.”
Last 12 months was enormous for Aptos — the blockchain launched publicly and raised about $400 million in funding amid a bear market, Shaikh shared. The new-ish layer-1 acquired backing from main buyers like Andreessen Horowitz, Circle Ventures and the now-defunct FTX Ventures, to call a number of.
Aptos desires to succeed in billions of individuals with out disruption or downtime, whereas giving hundreds of transactions per second and sub-second latency, Shaikh shared. “All these things put together can rival not only other previous generations of blockchains and scaling solutions that we’re seeing in the market, but they’re now starting to challenge the internet and the way economic value and information moves across the world itself.”
Looking ahead to 2023, Aptos plans to make it a “year of intention,” Shaikh stated. “I think it’s a year of intention for the entire industry.”
There will likely be a brand new evolution to present web3 merchandise which were out available in the market, whereas massive conventional gamers — like its Google partnership — that have been beforehand “sitting on the sidelines” are going to dive into the area “in a big way,” he added.
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