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Marek Olszewski

👤 Speaker
481 total appearances

Appearances Over Time

Podcast Appearances

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And increasingly, there's decentralized identity through self-protocol, self.xyz.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

So these are the big ones.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think when it comes to users, P2P payments are certainly driving the most users.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

When it comes to volume, I think P2P payments and on-chain effects is driving a lot of volume.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

But when it comes to kind of new and exciting ZK use cases, self is really leading the way.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Yes, actually, if you go to Tether's stats page, you actually can see that when it comes to weekly active users, Celo is actually ahead of Tron now.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

We peaked at 3.3 million weekly active addresses that are transacting in USDT.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

So certainly, I mean, Celo is like Ethereum's answer to Tron, 100%.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

You know, I think Tron certainly had an earlier start and has done well.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

But, you know, I think we're coming right, you know, we're nipping at their heels and in some, for some metrics, even overtaking them.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And so...

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Yeah, really, really excited about a lot of these stats now finally pushing us into the lead.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

It's been a pretty long and arduous effort to competing in Strong because they do have a lot of mindshare and they are quite globally recognized.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Right now, a lot of those users are Minipay.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And Minipay has historically focused on the African continent.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Large part because they have onboarded a lot of users who are using Opera Mini, which is their high-speed, light browser targeting emerging markets.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

I think they have something like 1 billion installs, 100 million monthly active users of Opera Mini, and they embedded MiniPay into that browser.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

It's also available standalone, but I think to get a lot of those users onboarded, they embedded it into the browser.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And so now they're focusing primarily on other emerging markets, LATAM in Asia, but initially there was a lot of focus on Africa.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And so one really, I think, compelling story that I've heard of a ManyPay user