James Ross

Join James Ross, Co-founder of Synth and founder of Mode, as he unpacks the fascinating world of synthetic volatility modeling. Discover why volatility is more crucial than price in finance, with miners generating millions of price paths for assets like BTC, ETH, and soon gold. Learn how Synth significantly outperforms traditional benchmarks and their plans for monetization through API access. James emphasizes the importance of recruiting elite data scientists to ensure long-term success in decentralized finance.

James Ross, representing Mode, is at the forefront of the BitTensor ecosystem, focusing on blending decentralized finance with AI. He discusses the hype versus reality in the AI-crypto space and how most projects struggle with centralization issues. Bittensor's innovative approach rewards AI models based on performance via market incentives. The exciting launch of Synth allows data scientists to compete in predicting market volatility, utilizing a natural selection model that rewards strong performers. This dynamic fosters genuine collaboration and innovation in decentralized AI.

James Ross, co-founder of Mode, discusses the necessity of another L2 and introduces the concept of the Superchain for DeFi innovation. The podcast covers incentive mechanisms, user-centric design in DeFi projects, fee sharing in L2 protocols, sustainable economic mechanisms, and opportunities for developers on the Mode platform.