The Milk Road Show The Future of Smart Accounts | Lukas Schor & Andre Geest @ Safe | #333
May 6, 2024
Co-founders Lukas Schor and Andre Geest of Safe discuss the future of smart accounts, token utility, network abstraction, self-custody solutions, and governance in the crypto space. They explore the evolution of Safe from a simple wallet to a foundational DAO tool, separating protocol development from token launch for resiliency, and envisioning all Web3 accounts to become smart by 2030.
AI Snips
Chapters
Transcript
Episode notes
Safe's Origin Story
- Safe originated as a multi-signature wallet developed by the Gnosis team to manage ICO funds securely.
- Its open-source multi-sig wallet became popular during the 2017 ICO boom, used by 90% of projects then.
Smart Accounts Enable Usability
- Smart accounts improve wallet usability with programmability and flexible security features.
- They enable better onboarding, sponsored transactions, and seamless interaction across multiple blockchains.
Simplify Wallet Onboarding
- Remove seed phrases in onboarding to improve user conversion rates drastically.
- Use passkeys or managed keys to simplify the crypto wallet setup experience for new users.