Mike is a co-founder at Rainbow. We talk building for newbies vs. crypto natives, why crypto has primarily been desktop-first, WeChat-style wallets vs. embedded wallets, maintaining a beginner's mindset, consumer adoption, and why consumer crypto has become such a meme.
(01:00) What is Rainbow?
(02:28) Building for Crypto Natives vs. Newbies
(05:24) Mobile vs. Desktop
(12:12) Consumer Social
(20:38) WeChat-Style Wallets
(26:30) Embedded Wallets
(32:48) Beginner's Mindset
(34:55) Consumer Adoption
(36:50) Users Making Money by Default
(42:18) Mike's Prediction for Adoption
(45:40) Large IP Holders in Crypto
(49:39) Analogies for the Crypto Casino
(51:05) Meme Buzzword Rabbit Holes
Follow Mike: https://twitter.com/mikedemarais
Follow Chase: https://twitter.com/chaserchapman
Follow On the Other Side: https://twitter.com/ontheOSpod
Subscribe on YouTube: https://bit.ly/3pJInKm
Subscribe on Apple: https://apple.co/3M7wHbP
Subscribe on Spotify: https://spoti.fi/3pMRbiM
Disclaimer: Nothing said on On The Other Side is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Chase and our guests may hold positions in the companies, funds, or projects discussed.