Messari's Unqualified Opinions

In this Fully Diluted episode from ETHCC, we sit down with Terrence Kwok, founder of Humanity Protocol, to explore how palm biometrics, zero-knowledge proofs, and decentralized identity validators are coming together to build a new foundation for trust in the digital age. We cover:- The challenge of verifying human identity in an AI-heavy world- Why palm biometrics are more accurate (and less creepy) than other options- How Humanity Protocol enables privacy-preserving credentials for everything from proof of education to credit scores- The role of ZK-TLS and their recent acquisition of Moongate to scale real-world adoptio- What makes Humanity different from Worldcoin—and why they built their own chainTerrence also shares how they’ve grown to nearly 10M Human IDs globally, and why most future users may never realize they’re interacting with a blockchain at all.00:07 Introductions4:00 Tech Breakdown13:15 Credential Composability17:12 Why Build Your Own Chain?18:18 Global Go-To-Market20:31 Distribution Strategy23:09 User Incentives24:57 Roadmap28:26 AI Deepfakes30:04 ConclusionHosted by Dylan Bane of MessariFollow Messari on Twitter: https://twitter.com/MessariCryptoFollow Unqualified Opinions on Spotify: https://open.spotify.com/show/0uG5qpwFg67zTt0VQRTaZ7?si=13163cbebe01415eFollow Unqualified Opinions on Apple Podcasts: https://podcasts.apple.com/us/podcast/messaris-unqualified-opinions/id1455666979____This episode and its contents do not necessarily reflect the opinions of Messari, Inc. Hosts and guests may hold cryptocurrencies discussed in this content. This content is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Nothing contained in this content is a recommendation or suggestion, directly or indirectly, to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. This content should not be construed as an offer to sell or the solicitation of an offer to buy any security or commodity. Messari does not guarantee the sequence, accuracy, completeness, or timeliness of any information provided in this content.

Sonny Shi, a member of Messari's enterprise team, dives into the exciting intersection of traditional finance and crypto. He discusses how tokenized stocks on Arbitrum could reshape on-chain liquidity and attract retail investors. The conversation also uncovers Hyperliquid's advantages over centralized exchanges like Robinhood and the future of decentralized financial platforms. Sonny shares insights on the surge of stablecoins and the potential impact of upcoming ETFs on market dynamics, highlighting the evolution of financial super apps.

💡 Ask Messari Copilot: What are the tradeoffs between valuing a Layer 1 blockchain using revenue vs. monetary premium?✨ See Copilot's Response: https://messari.io/copilot/share/layer-1-valuation-tradeoffs-a9a432a8-41bc-4281-963b-f836318a6502Bitcoin barely flinched during recent geopolitical chaos. Is BTC becoming more resilient—dare we say… gold-like? In this episode of STSP, we explore Bitcoin’s price action in the face of macro stress, the rise of on-chain order books (CLOBs), and the growing stablecoin wars between TradFi giants and crypto natives. We also dive into valuation models, memecoin exposure for institutions, and whether your favorite L1s deserve trillion-dollar dreams.Featuring spicy takes, galaxy brain theories, and just the right amount of terminally online behavior.00:37 Introductions1:01 CLOB Basics11:40 Stablecoin Talk17:40 Market Outlook30:49 L1 Valuation45:16 Pump.fun Valuation50:32 Onchain Activity55:41 ConclusionHosted by Dylan Bane of MessariFollow Messari on Twitter: https://twitter.com/MessariCryptoFollow Unqualified Opinions on Spotify: https://open.spotify.com/show/0uG5qpwFg67zTt0VQRTaZ7?si=13163cbebe01415eFollow Unqualified Opinions on Apple Podcasts: https://podcasts.apple.com/us/podcast/messaris-unqualified-opinions/id1455666979____This episode and its contents do not necessarily reflect the opinions of Messari, Inc. Hosts and guests may hold cryptocurrencies discussed in this content. This content is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Nothing contained in this content is a recommendation or suggestion, directly or indirectly, to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. This content should not be construed as an offer to sell or the solicitation of an offer to buy any security or commodity. Messari does not guarantee the sequence, accuracy, completeness, or timeliness of any information provided in this content.

In this exclusive interview, 1inch Co-Founder Sergej Kunz breaks down how the team expanded to Solana in just 30 days — and why intent-based architecture is the future of DeFi. From overcoming technical challenges, embracing open-source standards, and integrating MEV protection by design, Sergey shares deep insights on liquidity fragmentation, protocol design, and 1inch’s vision to unite DeFi across chains like Solana, Aptos, Sui, and even Bitcoin.👉 Why Solana's architecture created a huge growth opportunity👉 How 1inch delivered a production-ready Solana MVP in 30 days👉 Intent-based swaps vs. AMMs vs. CowSwap vs. Uniswap X👉 Cross-chain liquidity aggregation & MEV protection👉 The long-term roadmap for DeFi, Bitcoin integration, and TradFi adoptionWhether you're a builder, trader, or protocol researcher — this is a masterclass on DeFi scaling and infrastructure.00:41 Introductions6:38 Expand to Solana10:32 Fusion Protocol20:10 Communication27:10 Volume39:08 Accomplishment44:19 Liquidity Layer46:55 Interface Fees?56:58 The Future1:03:27 ConclusionHosted by Troy Harris of MessariFollow Messari on Twitter: https://twitter.com/MessariCryptoFollow Unqualified Opinions on Spotify: https://open.spotify.com/show/0uG5qpwFg67zTt0VQRTaZ7?si=13163cbebe01415eFollow Unqualified Opinions on Apple Podcasts: https://podcasts.apple.com/us/podcast/messaris-unqualified-opinions/id1455666979____This episode and its contents do not necessarily reflect the opinions of Messari, Inc. Hosts and guests may hold cryptocurrencies discussed in this content. This content is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Nothing contained in this content is a recommendation or suggestion, directly or indirectly, to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. This content should not be construed as an offer to sell or the solicitation of an offer to buy any security or commodity. Messari does not guarantee the sequence, accuracy, completeness, or timeliness of any information provided in this content.

Dive into the world of tokenized equities and their potential to boost onchain adoption. Explore Bitcoin's scalability innovations and the recent excitement from Bitcoin Vegas. Discover how platforms like Dripster combine AI and capital markets to drive product development. Unpack the future of real-world assets on Solana and discuss the transparency versus privacy debate tied to trading practices. Witness Helium's explosive growth in mobile networking and its strategies for emerging in the Web3 landscape.

Ask Messari Copilot: Can a full-stack, centralized-style experience coexist with crypto’s ethos of decentralization?See Copilot's Response: https://messari.io/copilot/share/centralization-vs-decentralization-5b85d971-6184-4512-9110-1598a3900bb8Kain Warwick breaks down how Infinex is rewriting the rules of crypto UX. From building its own wallet and signing infrastructure to full-stack app architecture, Infinex is ditching the dApp playbook to offer users a seamless, centralized-like experience—without sacrificing custody. If you're curious about the future of crypto applications and the battle to onboard the next wave of users, this one’s for you.00:42 Introductions1:05 Infinex Vision4:13 UX in Crypto5:45 User Growth8:12 How Infinex Works19:05 Scaling Infinex23:15 Competition31:42 Updates & Perception38:46 Kaito Plans42:15 ConclusionHosted by Kinji Steimetz and Dylan Bane of MessariFollow Messari on Twitter: https://twitter.com/MessariCryptoFollow Unqualified Opinions on Spotify: https://open.spotify.com/show/0uG5qpwFg67zTt0VQRTaZ7?si=13163cbebe01415eFollow Unqualified Opinions on Apple Podcasts: https://podcasts.apple.com/us/podcast/messaris-unqualified-opinions/id1455666979____This episode and its contents do not necessarily reflect the opinions of Messari, Inc. Hosts and guests may hold cryptocurrencies discussed in this content. This content is meant for informational purposes only. It is not meant to serve as investment advice. You should conduct your own research, and consult an independent financial, tax, or legal advisor before making any investment decisions. Nothing contained in this content is a recommendation or suggestion, directly or indirectly, to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. This content should not be construed as an offer to sell or the solicitation of an offer to buy any security or commodity. Messari does not guarantee the sequence, accuracy, completeness, or timeliness of any information provided in this content.

Joining the discussion are Sunny Shi, a research analyst specializing in on-chain data, Dylan Bane, who focuses on tokenomics, and Kinji Steimetz, an expert on layer 1 valuations. They delve into the emergence of Internet Capital Markets and the implications of launching tokens on platforms like Solana. The trio debates innovative valuation metrics for cryptocurrencies, including revenue-based assessments, while examining Coinbase's S&P 500 inclusion and Bitcoin's journey past six figures. Expect insights on cryptocurrency trends, institutional impacts, and the future of tokenization.

In this discussion, Andrew Dyer, a key player in the Messari Enterprise team, alongside specialists Dylan Bane, Sunny Shi, Chris Davis, and Kinji Steimetz, delves into the pulse of the crypto world. They dissect Bitcoin's surprising resilience amid economic uncertainty and ponder Ethereum's potential comeback. The team explores the burgeoning realm of AI subnets and the implications for decentralized training. Stablecoin innovations and partnerships spark intrigue, while the evolving gaming landscape, including Treeverse, showcases exciting growth opportunities.

Ariel Seidman, co-founder and CEO of Hivemapper, shares his insights on building a decentralized global map. He emphasizes that real-world utility, rather than hype, is crucial for crypto's future. The conversation uncovers the obstacles in cryptocurrency, advancements in mapping technology, and the intricacies of sustainable tokenomics. Seidman also discusses the importance of decentralized networks and how HiveMapper engages the community through AI. This innovative approach aims to shift the focus from mere speculation to practical applications in the crypto space.

Pranav Kanade and Wyatt Lonergan from VanEck Digital Assets join the discussion on how cryptocurrency can transition from mere speculation to real-world applications. They explore the pivotal role of stablecoins in global payments and the promising future of tokenized assets. The guests delve into the innovative strategies for decentralized infrastructure, emphasizing the need for effective market structures. Their insights reveal that the industry's future hinges not on gambling with tokens, but on fostering genuine, productive innovation.