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You don’t have to understand to use it.
That is Empire Co-Gastheer of the ideal situation of Santiago Santiago Santos in building inversion chain.
Confused? Think of the 1990s. Companies used “.com” and – apart from the somewhat ridiculous homes.com commercial that we saw during the Super Bowl – Dot Com is not really used anymore. If you don’t believe me – or Santos – take it to your local gene Zer and you will soon see how it is not matched.
Since nowadays the internet is simply part of doing business. And for Santos, crypto or crypto rails follow the same path. He does not have to put an inversion chain on the market for the masses. They will not know unless they pay attention during transactions with potential projects such as Helium.
But let me make a backup: for you my goal is to make sure you understand – even if you don’t need Unpleasant.
The inversion chain was announced this week by Santos, although he more or less thinks about it since he left Parafi more than four years ago. He started plans seven months ago and now he is assuming.
There is no fixed timeline for the launch yet, although Santos told me that the goal is ‘as quickly as possible’.
The L1 will be built on avalanche because, as Santos noted, it is one of the few places to really adjust the chain for specific use cases and support that the gamble covers.
There are added bonuses, such as permission from your network with the validator, privacy, EVM compatibility and native interoperability.
Making his own chain was the clear path for Santos after he looked around.
“With our own necklace we can deliberately build a pile of exactly the specifications of the companies we acquire and enables us to be tailor -made,” he explained. “I believe in a world of multiple chains.”
We don’t keep users at the moment. As Santos has told me, people come to chains through an exchange with a kind of speculation in mind – and that is not completely A bad thing, given that there is room for speculation in crypto (just as there is room for speculation in shares), but the goal is to retain users and to show that they have Crypto Cases.
That is where Santos hopes that we will end, where people should not think twice about the crypto of all this.
“I think we are selling ourselves as an industry briefly, and we can lead. The focus is very specific: you lead with a core service such as mobile and fintech – and when I say fintech, it is really a stablecoin, “Santos explained.
“My unique focus is to create an onboarding acquisition channel for the next 100, 200, 500 million users who will come onchain.”
Sounds pretty bullish for me.
Something Santos explained to co-gastheer of Jason Yanowitz on the realm of this morning Round Up-Was’s idea to build Berkshire on-chain.
Santos explained that the analogy would be ‘what Aol did at the height of the .com bubble. The stock was pretty blown up, so what did they do? They are going to acquire Time Warner, a real matter, “he said.
And I think the role [of] The basis is to really speed up the acceptance of crypto, the recording. I don’t think they are strategic enough. The possibility here is to ultimately use that treasury value in a very strategic way to acquire companies and to anchor to the chain and to activate that user base to get to the chain, “he went on.
If it is carried out well, Santos thinks that the flywheel is one for the economic activity in that chain where you go out and continuously acquire more companies, holds more users, and that generates more and more activity.
Bring it back to Berkshire: For Santos it creates an operable basis from which you can explore other ways to not only be profitable, but also not to be in the front for the user base.
If you do not follow, consider how Warren Buffett does things (and put your thoughts over him aside from an anti-crypto perspective). He goes and finds potentially successful investments, but it is not as if we necessarily communicate on a certain day as customers with Berkshire.
They exist in the background, if necessary as your shadow.