Podcast: The Rise and Fall of Crypto Culture | Konstantin Richter

Blockdaemon CEO has never been more optimistic on the future of crypto than right now

April 20, 2022 09:03 am

On this episode of “On the Margin,” Blockworks Co-founder Mike Ippolito is joined by Blockdaemon CEO and founder, Konstantin Richter, to discuss the rise and fall of crypto culture. When sentiment shifts in crypto markets, founders build conviction. Konstantin reminds us of previous cycles and shares why he has never been more optimistic on the future of crypto than right now.

Mike and Konstantin debate the pros and cons of centralization vs. decentralization, and they discuss the outlook for a multichain future.

They also cover:

the founding and future of Blockdaemon
forming new systems of governance
PoW vs PoS
and so much more

Watch the full episode below! 👇

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts. At the end of the week, he is joined by a co-host where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch episodes on YouTube.

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Why Solana Mobile Should 100x Their Phone Production

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

by Luke Leasure