The Tokenization Supercycle Is In Full Swing

Transcript

Everyone wants good execution, everyone on their trading. Everyone wants access to the best opportunities and I think, you know, right now the Monad network is just starting to accumulate some network effects. >> My name's Robbie and you're watching the Rollup and today I'm asking you to please subscribe, comment, like, and support our channel. We interview some of the best and brightest minds in digital assets, digital finance, [music] and tokenization. We are doing this for you, so please sit back, relax, enjoy the show, and thank you so much for all your support.

>> Last but certainly not least, back live, Keone. >> Thank you for having us out. It's a pleasure. >> Thank you for being here. >> And I mean, what a great event. We we kicked it off. This is this is the our start to the Token 2049 week and no [clears throat] better way to start it off. So, you throw a great event and now we've got we've got some bass kicking out there. I mean, several people that came off the stage, you know, you you had them up here at kind of announcing partnerships and and you know, doing quite a quite a few things here. They came right off stage, they came over here, shared it with us.

And so, thank you so much for having us out. >> Thanks for being part of this, you know, this is our first This is our inaugural open event and we hope to be doing this for a long time, bigger and better every single time. But yeah, thanks for kicking it off really. >> Absolutely. >> a high bar. >> Well, it's it's a pleasure to be here. I mean, we talked a little bit about, you know, the permissionless nature of the ecosystem. I you know, I I spoke with several founders that are in the ecosystem talking about how, you know, we've got both a very consumer, you know, centric vibe to the brand and some of the applications in the in the app layer, but then also a deep institutional liquidity focus and we've got tokenized stocks and and it feels

like in order to survive as a blockchain in 2026, you need both sides of the barbell. You guys have been been able to master this approach. Maybe you can just speak to the vision that has brought these these communities together. >> Yeah, for sure. I think you know, the Monad community has played a huge part and the success of the project and that's you know, very you know, in touch with the culture [clears throat] of crypto. Um but at the same time, I think it's also, you know, at the end of the day deliver value to users, value to businesses and you know,

that had that means interacting with real world and a lot of the real world is people wearing suits or at least people in you know, very rigorously about slippage and liquidity and those so I think it's very possible to blend the two together. There's no contradiction. Everyone wants good execution, everyone on their trading. Everyone wants access to the best opportunities and I think you know, right now the Monad network is just starting to accumulate some network effects, but those come both from institutional adoption and from retail adoption.

>> And and I take it there's probably some through lines here. Openness being one of them, permissionless, you know, some of the principles in the core tenants of the industry of digital assets, of finance in general and of of sort of this upcoming wave of adopters. Maybe you can just speak to you know, what what are some of those core tenants that you've held right through your journey of of starting, founding and and now building Monad that continue to proliferate and guide you through for the next you know, decade of Monad's journey. What are what are some of those core tenants?

>> Yeah, we started Monad in early 2022. Um at that time, I think there was you know, a sort of a different market feel about the direction of the industry. There was you know, everyone was just saying the roll ups were going to be the the big thing and I think there's definitely a place for roll ups in the overall crypto ecosystem, but there's much less like unilateral, you know, banging the drum all in one direction. When we started Monad, the goal was just to deliver a really performant and decentralized system and we thought that the engineering challenges of solving those two problems together were just exciting and compelling and

you know, we never wanted to cut corners. So, you know, what that meant is that there was a you know, a longer development period from the time of starting to launching the mainnet about 10 months ago now, but the good news is that now we I feel we have just very strong foundations moving forward where the system is built completely from scratch. The core engineering team knows it like the back of their hand. There's a lot of improvements that we think are sort of the right way for blockchain architectures to work and that includes decoupling consensus and execution. It includes parallelizing the work. It includes you know, kind of rebuilding like the database from scratch and all these other things, but now with that really

solid technical foundation, it actually allows us to do a lot more and to solve other really fundamental problems that I think are still outstanding in crypto including solving MEV and sort of squaring the circle around the seeming contradiction between privacy and composability that currently exists right now. >> Yeah. Yeah, absolutely and that's something that we've we've heard a lot about. We've talked a lot about on the show even just throughout the day today. And so there's some very interesting engineering problems that are out there still to be solved. Those will guide kind of the the next developments of Monad.

>> Right. >> Um like you said, you launched mainnet 10 months ago. Maybe just for our audience and for the Monad community, some reflections. What have been some of the lessons that you've learned, some of the greatest takeaways from the first 10 months of mainnet? >> I think speed is everything. I think that, you know, there's there's many um uh asset issuers, um many exchanges, many banks um that are excited about coming on chain, but um you know, so the the opportunity, the potential is all there, um but it's just on us to move really quickly to solve their problems and um for example, for asset issuers, to help them to um get their asset distributed and um getting more utility from being embedded in a decentralized system where

users can use leverage and there there's just um you know, there's a lot of prob- little problems to solve. The faster we solve them, the better. >> Yeah, absolutely. Well, Keone, like I said, this was a fantastic start to our Token 2049. We really appreciate you and the entire Monad team. Like you mentioned that I mean, this was a whole orchestration uh in order for the team to, you know, kind of put all of this together. Uh and it's been a fantastic event, really well well thought out, well put together, well curated, and uh we've had a lot of fun doing it. And so I hope uh you've had a lot of fun here at uh at Open as well. I know we have, and uh it it's the conclusion of our Open stream, but uh you know, one one door closes, another

one opens. So, G Monad uh for the next uh for the next chapter, and uh we'll we'll see everyone again soon. >> Yeah, one door I like that. One door closes, another one opens. >> I love it. Well, Keone, thanks so much, man. >> Thanks for having me. >> Appreciate it.