Andrew Smith is the founder of Versatus Labs. Versatus is building a decentralized compute stack to make it easier for developers to build on blockchains. Their vision is similar to cloud compute providers like AWS, but for blockchain technology. They aim to reduce the language barrier and provide tools for developers to build applications on any chain. They believe that attracting more developers will lead to the creation of killer apps and drive mass adoption of Web3 technology.
Why you should listen
Andrew Smith discusses the challenges of talent acquisition in Web3 development and emphasizes the need to make the hiring process easier and reduce barriers. He predicts that within the next decade, about a third of all applications will be built on decentralized stacks. Andrew provides an overview of Versatus’ layer one blockchain and consensus mechanism. Andrew projects a future where Web3 has multiple killer apps and over 100 million daily active users, with trillion-dollar market cap platforms. He believes that decentralization is the future but acknowledges the current knowledge gap in blockchain technology among most people.
Supporting links
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