Empire War Stories From a Crypto Founder | Kain Warwick
Nov 3, 2025
Kain Warwick, a serial crypto founder known for Synthetix and Infinex, dives deep into his journey in decentralized trading. He shares the challenges of launching Infinex, from navigating platform risks to the importance of user experience in prediction markets. His candid reflections on overcoming addiction reveal how sobriety has sharpened his entrepreneurial focus. Kain argues for a pragmatic approach to decentralization to compete with centralized exchanges while outlining the critical role of token design in his projects. A must-listen for crypto enthusiasts!
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Centralized Exchanges Are A Transitional Phase
- Centralized exchanges enabled crypto's early growth but now contradict its decentralised promise.
- Non-custodial platforms must match custodial UX to displace centralized exchanges.
Focus Beats Forced Consolidation
- Specialization matters: Synthetix should build best-in-class perps while Infinex integrates and optimizes UX.
- Merging both would force compromises and dilute focus.
Win Users By Supporting Seed Imports
- Let users import existing seed phrases instead of forcing asset transfers to win adoption.
- Make onboarding frictionless to capture users from established wallets like MetaMask.