Adam Liposky

We built at Pocket Network one of the largest decentralized infrastructure projects probably at the time.

It might be one of the largest that's ever existed.

We had tens of thousands of nodes and eventually billions of relays a day.

So

It was really a coordination layer for public data.

And we started kind of as a first use case around blockchain data.

Eventually I ended up leaving Pocket, getting involved in the Polkadot ecosystem.

And then that's what led me to building what I'm building today.

Yes, I do.

I act as a venture partner for Feld Ventures.

We write early stage checks into traditional software deals.

And it's just something I do very part time on the side.

But it's good to have, I think, feet in both industries so that you can kind of tell what's going on on the outside of crypto.

You can tell what's going on on the inside of crypto and kind of meld your opinion and kind of chart the best path forward.

Yeah, having a background in application-specific blockchains, building them since myself, 2019, and my co-founder, Andrew Nguyen, since 2018, we have this kind of like deep understanding of layer ones and application-specific blockchains.

And so when we met up about two years ago and started thinking about what was next, what were we going to build?

I think the main problem we kind of settled into was like application specific blockchains are kind of a no compromise solution as far as control and value capture.

But they take months and years to build.

So let's just say 18 months to build and millions of dollars in capital.

And so we said, well, like we could go raise funding or we could build a solution to this very problem and try to democratize the L1 building process.