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Manny

πŸ‘€ Speaker
346 total appearances

Appearances Over Time

Podcast Appearances

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

While Jamie brings that up, for all the people that are listening, the site will be available in multiple formats.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So when this gets released, it'll be on the base app for you to enjoy.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

Everything is mobile responsive.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And then somewhere in Q2 or Q1, we'll have an iPhone and an Android app for you to all enjoy as well.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

I think we think about it in like, you know, Blend, it's a protocol first, so it has multiple entry routes to it.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So the first customer that we're actually maximizing for is like the everyday user we want.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

the everyday user that should have get access to like savings primitives.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So the way we think about in our core mission is that we want to bring 1 million new users on chain to try to have an average deposit size of $10,000.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So that gives like Blend hopefully an AUM of somewhere around the $10 billion range.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And we think that's like

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

something very doable, something thing that maybe you picked up on, but like we don't shy away about building this seamless, what we call web 2.5 experience, which why we coined it this way is that Jamie said that the thing for Euro is that we're actually going to integrate Revolut.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

A lot of people are scared to integrate some of these big apps and say, oh, you're going to be, you're going to be taken away by them.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

They, why can't Revolut do this?

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

Why can't do that?

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

And the question is, it's not about why they can't do it.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

Or why they will do it is about like choices for the customer, the choices and like the protocol stack that we've made.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

So it doesn't mean that you just need to have one banking app.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

You can have Revolut.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

If you look at Europeans, they can only save about $20,000 at 1.5% on their Revolut.

Web3 with Sam Kamani
347: How Blend.money is Building the Global Savings Layer for DeFi with guest speakers Manny and Jamie

The remaining amount still has to come on chain because they still want a competitive rate.