Marketplace

Ep. #42: Sandeep Nailwal from Matic Network (Scalability Solution)

In this episode, we speak top Sandeep Nailwal, Co-Founder and COO of Matic Network. Matic js one of the leading projects coming out of India and most notably, will be having its token sale on the Binance Launchpad (https://launchpad.binance.com/) in April 24, 2019

Tune in to hear about:

  • Sandeep’s story and how Matic came about
  • Digging into Scalability at the Layer 1 (Sharding) and Layer 2 solutions (state channels and sidechains/plasma)
  • Where does Matic fit into the picture? Digging deep into sidechains, plasma including the difference between the two
  • How does Matic’s consensus mechanism work
  • USABILITY – big focus for Matic and how they’ve leveraged Wallet Connect (https://walletconnect.org/) – open protocol for connecting Wallets to Dapps
  • Kind of DApps Matic foresees being built on their platform and some existing partnerships including with Decentraland (https://decentraland.org/)
  • The very frustrating and difficult journey of being one of the first few projects coming out of India especially from a fundraising perspective
  • What that means for Indian entrepreneurs working in this space

Ep. #22: Cryptocurrency Exchange & P2P Marketplace with Rahul Raj (CEO Koinex)

Our guest for this episode is Rahul Raj, CEO and co-founder of Koinex (https://koinex.in/). Koinex is one of India’s leading cryptocurrency exchanges and peer to peer marketplaces which is backed by leading investors such as Pantera Capital (https://www.panteracapital.com/) and Beenext (https://www.beenext.com/).

Rahul is a graduate of the Indian Institute of Technology and has dabbled in various startups and social entrepreneurship initiatives before starting Koinex.

Tune in to hear about:

  • Rahul’s background and intro
  • How Koinex (India’s first KYC compliant multi currency exchange) came about
  • Why Koinex initially decided to have only fiat to crypto pairs for all cryptocurrencies
  • Customer journey for transacting
  • Different steps involved in setting up a crypto exchange
  • Three important pillars of setting up an exchange: scalability, security, customer support
  • Other factors to consider while setting up an exchange: UI/UX, liquidity, ecosystem development
  • Building an exchange in house vs. using a white label solution/third party integrations – pros and cons
  • Where does an exchange source their crypto from?
  • How Koinex built liquidity on the platform
  • Highest daily trading volume that Koinex saw – USD 265m
  • Why BTC was trading at a premium in India
  • Reserve Bank of India’s (RBI’s) current stance on crypto and way going forward
  • How the crypto-exchanges responded to the RBI directive
  • Koinex Loop (https://koinex.in/loop) – the crypto marketplace
  • Improvements of Koinex Loop over LocalBitcoin and LocalEthereum
  • Challenges with Koinex Loop as far as fiat is concerned
  • Koinex’s roadmap and plans beyond an exchange
  • Views on the Blockchain and Cryptocurrency ecosystem in India
  • Projects beyond Koinex that Rahul is excited about: Ethereum, BAT

Ep. #19: Decentralised Service Marketplace with JP Thor (CEO CanYa)

Our guest for this show is JP Thor, CEO of CanYa, a global marketplace of peer-to-peer services with a cryptocurrency payment layer.

JP is a former Air Force pilot, an early Bitcoin adopter and a Blockchain ambassador. He serves as an advisor to multiple Blockchain startups including Loki and Trust Wallet.

Tune in to hear about:

  • Background and transition from being an air force pilot to the blockchain/cryptocurrency ecosystem
  • Why JP started a decentralised service marketplace
  • What does the customer journey look like as a service provider or user
  • Use of the token (CAN) on the platform and the tokeneconomics
  • How the hedged escrow function works to ensure that the service provider gets paid fairly and not be subject to price fluctuations
  • Thoughts on most people in the world not investing or buying cryptocurrency but getting into crypto by earning it
  • How CanYa plans to cope with the learning curve required for anyone to store crypto assets
  • Why CanYa took the strategy of being centralised in the beginning and over time move towards greater decentralisation – with the eventual goal to be a DAO (decentralised autonomous organisation)
  • How CanYa aims to achieve decentralisation over a period of time
  • How CanYa is developing infrastructure around having a decentralised marketplace as well
  • On-chain governance
  • Ethereum 2.0
  • Layer 1 vs Layer 2 discussion
  • Projects mentioned: Digix, Origin Protocol, uPort, OmiseGo, Humaiq, Trust wallet, Loom Network amongst others

Ep. #13: Location Data Marketplace on Blockchain with Justin Mann (Co-founder Fysical)

Fysical is a location data marketplace which connects location suppliers i.e you and me to location buyers which could be marketing agencies, hedge funds, insurance companies amongst others.

Justin co-founded Fysical labs, from which Fysical has been spun out, in Boston in 2014. Fysical was accepted into the 500 startups accelerator in the summer of 2016. Sensing a big opportunity in Asia, Justin and his team moved to Singapore from Silicon Valley to build out Fysical.

Tune in to hear about:

  • Justin’s background and how Fysical came about
  • Why Fysical decided to relocate from Silicon Valley to Singapore
  • What is location data?
  • The problems with location data and location data marketplaces
  • What are the use cases presently and in the future – hedge funds, marketing firms, commercial real estate firms, smart cities, disaster recovery, health insurance companies
  • Who analyses the location data?
  • Role of the FYS token in the ecosystem
  • Fysical is live on the Ethereum main net – what that experience has been like
  • How users can get paid from their location data
  • Medium, Telegram and Twitter