Welcome again to Chain Response, a podcast diving deep into tales, backgrounds and the newest information with the most important 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 expertise and crypto. He additionally labored on blockchain strategic partnerships for Novi, Meta’s pockets, and was the technique director at ConsenSys.
“Once we’re fascinated by Aptos, we definitely thought that the folks want a brand new type of sharing data digitally and with the ability to share that data and financial worth digitally in additional environment friendly, extra honest methods,” Shaikh mentioned in the course of the podcast. “That’s the mission that we’re on.”
Final 12 months was large for Aptos — the blockchain launched publicly and raised about $400 million in funding amid a bear market, Shaikh shared. The brand new-ish layer-1 obtained backing from main buyers like Andreessen Horowitz, Circle Ventures and the now-defunct FTX Ventures, to call a number of.
Aptos needs to succeed in billions of individuals with out disruption or downtime, whereas giving 1000’s of transactions per second and sub-second latency, Shaikh shared. “All these items put collectively can rival not solely different earlier generations of blockchains and scaling options that we’re seeing out there, however they’re now beginning to problem the web and the best way financial worth and data strikes internationally itself.”
Trying ahead to 2023, Aptos plans to make it a “12 months of intention,” Shaikh mentioned. “I believe it’s a 12 months of intention for the complete business.”
There shall be a brand new evolution to present web3 merchandise which were out out there, whereas huge conventional gamers — like its Google partnership — that have been beforehand “sitting on the sidelines” are going to dive into the house “in an enormous method,” he added.
Chain Response comes out each different Thursday at 12:00 p.m. PT, so you should definitely subscribe to us on Apple Podcasts, Spotify or your favourite pod platform to maintain up with the motion.
