Building Web3 - Why a Meta team left to found Mysten Labs
About this episode
Evan Cheng is co-founder at Mysten Labs. Mysten is building the foundational infrastructure to accelerate Web 3.0 adoption. The founding team recently left their positions at Facebook (Meta), where they developed Diem, Novi – Facebook's digital wallet, as well as highly composable blockchain language, Move.
Why you should listen:
It's early, but Web3 has arrived. Innovators are reimagining new kinds of products, services, and business models. The opportunities to leverage programmable assets and open, decentralized infrastructure are endless. But first, infrastructures must get out of the way, and developer tooling needs to be modernized. Mysten Labs is built to accelerate the adoption of web3.
Under the assertion that true asset self-sovereignty will be the foundation of economics in the Metaverse, Mysten plans to unveil a new blockchain design allowing users to move NFTs across digital worlds while maintaining their functionality and history.
In December, they drew $36M in funding from a16z and Coinbase Ventures.
Supporting links:
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Get every episode summarized
Each time The Crypto Conversation publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Crypto Conversation
Stormrake – Old School Brokerage for the Digital Asset Era
The Crypto Conversation
Solayer – Hardware Accelerated Finance at the Speed of Metal
The Crypto Conversation
UTEXO – Native USDT Comes Home to Bitcoin
The Crypto Conversation
Open Frontier - The Coalition for Fair Crypto
The Crypto Conversation