E164 - @GSR_io - $30 trillion is coming on-chain
@xinsong86 is CEO of @GSR_io - 12 years in, bootstrapped with $20K, still standing after FTX - and he thinks in decades, not quarters. A masterclass in market structure, what's actually broken about token launches, and why the $30 trillion tokenization opportunity still needs a demand side.
Timestamps:
0:00 Introduction
2:02 Sleep & Age Banter
3:15 Advantage Of Age & Maturity
7:33 Who Is Xin Song?
9:23 What Did You Learn From Your Parents
12:47 Partnerships: @JupiterExchange@KASTxyz
13:27 What’s Happening With Crypto Right Now Considering The Market
16:12 What Broken Market Structure Means
19:18 Why Crypto Companies Shouldn’t Be Competing With Each Other
21:27 What Shocks You That People Don’t Understand With Crypto vs TradFi
26:42 What’s The Incentive To Make These Changes
28:41 GSR Explained To Your Mom
32:51 Partnerships: @Ethena@sumsub
33:53 Why Do Market Makers In Crypto Have Bad Reputations
36:48 How To Fix The Crypto Market Makers Reputation
40:09 What Does It Mean That GSR Wants To Become The Goldman Sachs Of Crypto
42:05 Example: Goldman Sachs Worked With Coca Cola & How GSR Reflects That In The Web 3 World
44:50 Why Is It Necessary For GSR To Become The Goldman Sachs Of Web 3
48:34 You Made 2 Major Acquisitions, Why?
51:49 Partnerships: @Trezor@Bitwise@SuiNetwork
52:45 Why Is Now The Best Moment For Focusing On Tokenization
56:24 What Must Happen For 10% Of $300 Trillion To Be On Chain
59:20 @katana Explained Simply
1:12:18 Closing Thoughts
[ ZOOMER ]
https://t.co/wWCXYGv9Js'S NEWLY LAUNCHED $PUMP TOKEN CRASHES BELOW ICO PRICE OF $4B FDV ONLY DAYS AFTER LAUNCH, SENDING ALL HOLDERS OF THE COIN INTO A LOSS: MARKET