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CryptoNews Podcast

#417: Austin King, Co-Founder of Omni Network , on Memecoin Mania, $XRP, and Creating the Abstraction Layer for the Ethereum Ecosystem

27 Feb 2025

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Austin King is the Co-Founder of Omni Network and CEO of Labs, the abstraction layer for the Ethereum ecosystem. With a background in computer science from Harvard, Austin began his entrepreneurial journey by creating a payment network that scaled to over 10 billion transactions before being acquired by Ripple. Today, Austin, alongside Co-Founder Tyler Tarsi, is leading Omni’s mission to empower application developers to access users and liquidity across the entire Ethereum ecosystem without smart contract upgrades.In this conversation, we discuss:- Memecoin Mania- Portnoy running with GREED and GREED 2- Hayden is going to jail!- Onboarding people to memecoins kills our chance for mass adoption- Ripple and XRP - current sentiment and why normies love it- Omni is an abstraction layer for the Ethereum ecosystem- Allowing users to trade crypto like Robinhood- Removing bridges and wrapped assets from the front-end- Gaining access to all the users in the on-chain economy- The secret sauce to mass adoption- SolverNet SDK- Tokenization is crypto’s killer use caseOmni NetworkWebsite: omni.networkX: @OmniFDNTelegram: t.me/OmniFDNAustin KingX: @0xASKLinkedIn: Austin King  ---------------------------------------------------------------------------------  This episode is brought to you by PrimeXBT.  PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.   PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions.  Code: CRYPTONEWS50  This promotion is available for a month after activation. Click the link below:  PrimeXBT x CRYPTONEWS50

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