
Sergey Nazarov on Why the World Needs a New Model of (Cryptographic) Trust
The Breakdown
00:00
The Restructuring Force of Tokenization
I think tokenization is good in its initial forms because it has put value into the system. And that value, you know, has gone from $10 million when I was looking at this stuff to way, way more trillions of dollars at some point now. The thing that's going to drive a lot of systems to become successful or not successful is quite simply network effects and certain economies of scale. So for example, Chainlink is the leader on Oracle networks by a wide margin, well over 50% market share and pretty much almost every category where we have a service.
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