Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And I think for kind of the next six months to a year, I think we're primarily going to play in the DeFi realm.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
But you never can tell with a generalist platform which way developers are going to take it.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
Especially with our ability to make like hack or vibe coded chains together.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
You know, like I'm expecting to start with simplicity and ease of use, perhaps on the DeFi side and then kind of mature from there.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
Yeah, I think for us, you know, we talk to a lot of developers where value capture really matters.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
So like kind of the, the way we see the market is that L ones have kind of persistently been the best mechanism for value capture.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And oftentimes that's, what's attracting developers into web three.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
They want to build a product and they want to put that product out there and then put it in the hands of the users.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And with that, you know, like you need a product.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
That can secure itself.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
It can provide value outwards, but also capture and retain the value that it produces.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And so, you know, like if you're building a financial system, if you're building a financial application, you need a mechanism that has utility that can capture that value.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And so a lot of the developers we talk to are very focused in on this like value capture.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
They say, oh, I launched a smart contract, but it wasn't worth anything.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
I was like, why did I build it?
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
Or I can never capture value because, you know, like the L1 was accruing the value and I wasn't.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And so now I want to be that L1.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
I want to be the center of mass for my ecosystem.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
I want to be that value capture mechanism.
Web3 with Sam Kamani
350: Reimagining Blockchain Dev: How Canopy Simplifies Building L1s with Guest Speaker Adam Liposky from Canopy Network
And beyond that, I think what has people excited, and this is not something we often talk about, but