In this episode of Web3 Quest, I speak with Karan Sirdesai, founder of Mira Network, discussing the intersection of crypto and AI. He shares insights on the current state of the crypto market, the ideological underpinnings of decentralized systems, and the vision behind Mira Network as a decentralized AI infrastructure.
The conversation delves into the challenges developers face in the AI space, the importance of unique insights for fundraising, and the role of blockchain technology in securing AI data. Karan also reflects on his journey from concept to raising $9 million in funding, emphasizing the significance of building reliable applications in the AI landscape.
Bitcoin and Ethereum set out to tackle centralization, but nearly 20 years later, the only mass adoption we see is in crypto.
Where鈥檚 the real-world impact for everyday people?
Cecilia, founder of Morph L2, shares a process for scoring developers for targeted incentive programs鈥攖hink tailored grants and long-term resources.
Milestones = more support, driving real commitment over quick wins.
Grants are not enough to build a web3 app- you need ecosystem support.
Cecilia Hsueh, founder of Morph, dives into the growing need for more blockchain applications focused on the consumer vertical. She discusses the common problem of too many infrastructure projects in the space and the lack of real user adoption. Cecilia explains how Morph sets itself apart by focusing on distribution and providing support to builders through its venture studio model.
Cecilia also highlights the potential of developer communities in China and India, their cost advantages, and the challenges they face in going global. Morph's mission is to provide the infrastructure and support developers need to expand beyond their borders, with a focus on community engagement and user-friendly solutions.
Dima Romanov, the Co-founder of Layer N, shares his journey from working at Morgan Stanley to entering the world of crypto and founding a startup. Layer N is a layer 2 solution that aims to address the scalability and performance issues of existing blockchain networks. Dima explains how Layer N differentiates itself by providing more computational power, low latency, and high throughput. The team focuses on attracting developers and protocols by offering unique features and support. Currently, they are focused on DeFi applications but plan to expand into gaming, decentralized social, and traditional finance. In this conversation, Dima discusses the importance of building a sustainable and organic community in the crypto space, emphasizing the need for social consensus and loyalty in the industry. He also talks about the challenges of building on different blockchain platforms and the decision to focus on Ethereum.
In April, Usual Labs, a DeFi stablecoin issuer, raised $7M in a round led by @KrakenVentures and @IOSGVC, with support from @fenbushi and @AmplifyPartners.
Their new USD0 stablecoin, pegged to the USD, aims to enhance stability in the volatile crypto market.
What do you think about the future of stablecoins in DeFi? Share your thoughts and check out the full discussion on @quest_web3! 馃寪馃挵 #Crypto #DeFi #Blockchain
Adli shares his personal journey into tech and blockchain. He grew up in Saint-Emilion, France, and developed a passion for technology from a young age. He started with creative pursuits like multimedia and web design before delving into literature and linguistic studies. Adli eventually entered the crypto space and became involved in various projects, including co-founding Usual Labs. The mission of Usual Labs is to re-democratize the stablecoin ecosystem by creating a standard, decentralized stablecoin governed by a DAO. Adli envisions a future where stablecoins are chain-agnostic and widely integrated and where Usual Labs becomes a non-custodial modular bank.