Welcome to our comprehensive interview series – Humans of Blockchain™ where we get the best in the business to answer a diverse set of questions.
This series will clear the air of doubt in the blockchain space today by focusing on bringing more transparency to the readers.
Our guest, today, is Bryan Feinberg – Founder and CEO of Etheralabs, Blockchain Venturist and an influential personality in the Blockchain space.
Not wasting much time, let’s hear it out from Bryan himself.
1. We would love to know more about you Bryan. Your journey and how you entered the blockchain space?
Thanks, Amit. I have always been both a fan and a student of innovation. In 2013 I designed an application to track secondary liquidity across the Unicorn world that gave me an inside look at some of the most highly treasured companies out there. At the time, I was tracking venture capital deployments of some of the world’s most influential investors like Peter Thiel, Marc Anderson and Tim Draper and I kept bumping into this Blockchain “Thing”. As I looked deeper into the technology, I became both a student and fan of this march towards decentralization. Beyond my enthusiasm for the potential this technology presented to the world, I decided to map out the industry across the 1st wave of Venture Capital into the industry. This first class of Series A capital helped launch some of today’s biggest names like Coinbase, Ripple, and Bitmain. As the industry expanded so did our database, which grew to over 2000+ companies across a multitude of sectors and protocols which lead us to start Etheralabs and launch Plato. Plato is an open intelligence repository and platform that unlocks the power of Vertical Search in a highly scalable and engaging way. Plato sits on top of a proprietary search engine and development framework that enhances the way data intelligence is accessed, consumed and shared. The platform is designed to provide a safe and secure environment to consume and synthesize real-time data intelligence. Staying bootstrapped has taught us a lot about how to adapt, progress and stay relevant.
2. Can you tell us more about Etheralabs? What’s the vision and mission of the organization?
Etheralabs was set up from the perspective of an ecosystem to help both early-stage companies, as well as large enterprises, accelerate their blockchain initiatives with a focus on companies that we believe represent the best of what this industry has to offer.
3. What are your views on the fact that more institutional grade investors are entering the blockchain space?
I think it all comes down to the fact that institutional investors love the ability to manage and trade volatility and the crypto world offers quite a bit of that. We got to keep reminding ourselves that Crypto is still an emerging alternative asset class with lots of potential. Designing semi-correlated financial products with the ability to provide managed risk is a great opportunity both for us and our partners.
4. There was a recent crash in the crypto market. What are your views about that? Does that affect investor confidence?
From a high level yes. The sentiment is down which means investors are more selective than ever. Authenticity rules.
5. There are a lot of use cases being talked about in the blockchain world but many lack execution and implementation. What are your views about the blockchain use-cases?
Most of the real-world cases that are taking shape focus around banking and financial products and of course Crypto Kitties. Product adoption is driving new models of finance which in turn are attaching themselves to existing market verticals. This is a multi-year cycle that is part of a multi-decade transformation. It will take a bit of time for things to calibrate which is both healthy for long term growth and sustainability.
6. What do you think can be done to increase the rate of adoption of blockchain technology?
Stay focused on building impactive products that help drive both compliance, transparency and humanity.
7. What are your views about the market manipulation that happens on many trade exchanges? Are strong and uniform regulations worldwide the solution?
In today’s crypto exchange world, free market capitalism is being represented by bots that are designed to identify and exploit weakness and believe the crypto exchange world will continue to be plagued by challenges that relate directly to lack of trust, execution, and liquidity.
8. Do you feel decentralized banking will be the future or will centralized banks lead the way?
There is a bit of hybrid feel to things these days. Centralized Banking has survived since the time of the Pyramids. It’s not going away any time soon but evolving.
9. What do you think the year 2019 holds for the blockchain space?
Lots of opportunities.
10. Any last words of motivation from your end Bryan for the audience?
Thank you again for the opportunity. Inspiration comes in many forms and relates to your vantage point. Be your own best critique. Establish high standards and never give up.