This episode hits the full spectrum of blockchain, folks. From the efficacy and need of memecoins to the ever-growing importance of the physical infrastructure layer, Richard Shorten from GlobalStake joined Quile and A-Bomb in a wide-ranging discussion.

Show Takeaways:

• GlobalStake aims to build a decentralized infrastructure for crypto, moving away from reliance on cloud services.
• They are the tech for big, institutional players. Think ETFs - but down to the infra layer with nodes and validators, and that really bespoke approach to creating a network.
• GlobalStake emphasizes the physical layer of infrastructure and finds it is crucial for the long-term success of crypto.
• Shorten notes that decentralization is important, but there are trade-offs between decentralization and performance: “The physical layer matters.”
• Storage solutions are becoming increasingly critical in the blockchain ecosystem.
• Institutions are starting to recognize the value of crypto beyond just Bitcoin. Shorten believes that meme coins play a role in testing and evolving the crypto ecosystem.

Richard Shorten | Chief Alchemist

Rich is the founding partner of venture firm Silvermine Capital and co-founder of GlobalStake. He has been a board member of several internet infrastructure companies, including those listed on each of the NYSE and NASDAQ. Rich is a former attorney at the law firm of Cravath, Swaine and Moore. Rich has taught the National Ski Patrol, but nevertheless skis at reckless speeds. He is also a skilled poker player but is generally eaten alive by the quants who are half his age and play GTO.

Join Quile and A-Bomb as they dive into the world of crypto currency and web3. With over 15 years of combined experience working BD and media in crypto, these two break down weekly headlines and trends, analyze the crypto media landscape, and share insider insights. Are you looking to cut through the noise on CryptoTwitter and catch the trends across Web3? Listen to Trends wit Benefits from Daily Crypto News. TWB is apart of the Daily Crypto News ecosystem.

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! WE ARE NOT EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME. WE HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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